PAYCHEX INC (PCX.SG)
PAYCHEX INC (PCX.SG) operates in Diversified Metals & Mining.
PAYCHEX INC (PCX.SG) (PCX) - Net Assets
Latest net assets as of August 2024: €3.85 Billion EUR
Based on the latest financial reports, PAYCHEX INC (PCX.SG) (PCX) has net assets worth €3.85 Billion EUR as of August 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€10.49 Billion) and total liabilities (€6.64 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €3.85 Billion |
| % of Total Assets | 36.71% |
| Annual Growth Rate | 7.9% |
| 5-Year Change | 36.66% |
| 10-Year Change | 112.88% |
| Growth Volatility | 7.83 |
PAYCHEX INC (PCX.SG) - Net Assets Trend (2014–2024)
This chart illustrates how PAYCHEX INC (PCX.SG)'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for PAYCHEX INC (PCX.SG) (2014–2024)
The table below shows the annual net assets of PAYCHEX INC (PCX.SG) from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-05-31 | €3.80 Billion | +8.81% |
| 2023-05-31 | €3.49 Billion | +13.22% |
| 2022-05-31 | €3.09 Billion | +4.65% |
| 2021-05-31 | €2.95 Billion | +5.99% |
| 2020-05-31 | €2.78 Billion | +6.18% |
| 2019-05-31 | €2.62 Billion | +29.39% |
| 2018-05-31 | €2.02 Billion | +3.54% |
| 2017-05-31 | €1.96 Billion | +2.28% |
| 2016-05-31 | €1.91 Billion | +7.07% |
| 2015-05-31 | €1.79 Billion | +0.48% |
| 2014-05-31 | €1.78 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to PAYCHEX INC (PCX.SG)'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 131.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (May 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €2.21 Billion | 58.22% |
| Other Components | €1.59 Billion | 41.78% |
| Total Equity | €3.80 Billion | 100.00% |
PAYCHEX INC (PCX.SG) Competitors by Market Cap
The table below lists competitors of PAYCHEX INC (PCX.SG) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Renergen Ltd.
JSE:REN
|
$758.68K |
|
LoopUp Group plc
PINK:LUPGF
|
$758.82K |
|
PRINCIPAL FINANCIAL
BE:PG4
|
$759.00K |
|
NATL FUEL GAS CO (NFG.SG)
STU:NFG
|
$759.11K |
|
Monarch West Ventures Inc.
V:MONA-P
|
$756.52K |
|
NSJ GOLD CORP.
F:9PZ
|
$756.42K |
|
WACKER CHEMIE (WCH.SG)
STU:WCH
|
$754.77K |
|
Mobile-health Network Solutions Class A Ordinary Shares
NASDAQ:MNDR
|
$754.47K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PAYCHEX INC (PCX.SG)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,493,200,000 to 3,801,000,000, a change of 307,800,000 (8.8%).
- Net income of 1,690,400,000 contributed positively to equity growth.
- Dividend payments of 1,315,300,000 reduced retained earnings.
- Share repurchases of 169,200,000 reduced equity.
- Other factors increased equity by 101,900,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €1.69 Billion | +44.47% |
| Dividends Paid | €1.32 Billion | -34.6% |
| Share Repurchases | €169.20 Million | -4.45% |
| Other Changes | €101.90 Million | +2.68% |
| Total Change | €- | 8.81% |
Book Value vs Market Value Analysis
This analysis compares PAYCHEX INC (PCX.SG)'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 7.53x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 14.61x to 7.53x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-05-31 | €5.44 | €79.49 | x |
| 2018-05-31 | €5.64 | €79.49 | x |
| 2019-05-31 | €7.29 | €79.49 | x |
| 2020-05-31 | €7.75 | €79.49 | x |
| 2021-05-31 | €8.19 | €79.49 | x |
| 2022-05-31 | €8.57 | €79.49 | x |
| 2023-05-31 | €9.69 | €79.49 | x |
| 2024-05-31 | €10.56 | €79.49 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PAYCHEX INC (PCX.SG) utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 44.47%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 32.03%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 2.73x
- Recent ROE (44.47%) is above the historical average (41.00%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 35.31% | 24.91% | 0.40x | 3.58x | €449.80 Million |
| 2015 | 37.80% | 24.63% | 0.42x | 3.62x | €496.35 Million |
| 2016 | 39.59% | 25.64% | 0.46x | 3.37x | €565.63 Million |
| 2017 | 41.80% | 25.94% | 0.46x | 3.49x | €621.77 Million |
| 2018 | 46.12% | 27.62% | 0.45x | 3.69x | €731.25 Million |
| 2019 | 39.49% | 27.42% | 0.43x | 3.31x | €772.45 Million |
| 2020 | 39.48% | 27.18% | 0.47x | 3.07x | €819.96 Million |
| 2021 | 37.23% | 27.05% | 0.44x | 3.13x | €802.70 Million |
| 2022 | 45.14% | 30.20% | 0.48x | 3.12x | €1.08 Billion |
| 2023 | 44.58% | 31.10% | 0.47x | 3.02x | €1.21 Billion |
| 2024 | 44.47% | 32.03% | 0.51x | 2.73x | €1.31 Billion |
Industry Comparison
This section compares PAYCHEX INC (PCX.SG)'s net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $114,212,818,724
- Average return on equity (ROE) among peers: -9.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PAYCHEX INC (PCX.SG) (PCX) | €3.85 Billion | 35.31% | 1.72x | $757.93K |
| HORIBA (01H) | $204.49 Billion | 10.42% | 0.82x | $989.01K |
| Tokyu Corporation (01T) | $779.37 Billion | 3.34% | 2.35x | $99.73K |
| GUANGZHOU AUTO -H- (02G) | $122.28 Billion | 6.59% | 0.55x | $4.05K |
| MOSAIC (02M) | $10.60 Billion | 4.43% | 0.90x | $280.83K |
| MOSAIC (02M.SG) (02M) | $9.56 Billion | 10.46% | 0.82x | $247.21K |
| CHINA JO-JO DRGSTRS (04CN.SG) (04CN) | $16.67 Million | -126.83% | 4.46x | $1.55 Million |
| KRAKATAU STEEL -B- (07K) | $552.59 Million | 3.52% | 4.72x | $166.99 |
| CN MODERN DAIRY (07M) | $7.12 Billion | -10.42% | 1.50x | $1.68K |
| TOURMALINE OIL (08T) | $7.22 Billion | 4.81% | 0.41x | $381.02K |
| ASIA CASSAVA RESOUR (0ACS) | $913.15 Million | 2.86% | 1.55x | $325.03 |