Paylocity Holding Corporation (PCTY) vs CLEAR Secure, Inc. (YOU)

Paylocity Holding Corporation and CLEAR Secure, Inc. are both Software Application companies. Paylocity Holding Corporation is the larger, with a market value of $8.9B against $7.6B — 1.2× the size. CLEAR Secure, Inc. trades at the lower P/E: 28.9× against 34.1×. CLEAR Secure, Inc. grew revenue faster over the last twelve months: 22.9% against 11.0%. CLEAR Secure, Inc. has the higher net margin (16.2% vs 15.2%) and the lower return on invested capital (0.00% vs 23.4%). Across the 22 metrics below, CLEAR Secure, Inc. leads on 15 and Paylocity Holding Corporation on 7.

Valuation

Metric PCTY YOU Software Application median
P/E 34.07 28.90 25.90
P/S 5.20 5.34 3.04
P/B 7.54 43.58 2.60
Price to free cash flow 21.54 12.42 17.17
EV/EBITDA 20.12 17.77 15.48
EV/Sales 5.09 4.75 2.89
Earnings yield 2.94% 3.46% 0.00%
Free cash flow yield 4.64% 8.05% 1.98%

Profitability

Metric PCTY YOU Software Application median
Gross margin 69.19% 67.46% 66.89%
Operating margin 21.79% 26.47% 0.00%
Net margin 15.23% 16.23% 0.00%
Free cash flow margin 24.15% 43.03% 5.77%
Return on equity 21.97% 116.55% 0.00%
Return on assets 5.82% 14.47% 0.00%
Return on invested capital 23.40% 0.00% 0.00%

Growth

Metric PCTY YOU Software Application median
Revenue growth (TTM) 11.04% 22.86% 12.27%
EPS growth (last fiscal year) 22.39% (28.21%) 32.11%
Revenue growth, 5-year CAGR 22.75% 31.30% 14.34%
Net income growth, 5-year CAGR 30.89% 0.00% 0.00%

Health

Metric PCTY YOU Software Application median
Debt to equity 0.07 0.00 0.02
Current ratio 1.09 0.99 1.53
Net debt to EBITDA (0.43) (3.18) 0.09

Dividend

Metric PCTY YOU Software Application median
Dividend yield — — 1.10%
Payout ratio — — 0.28

Size

Metric PCTY YOU Software Application median
Market cap 8.85b 7.61b 487.58m

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack