Today I had a look at Paycom, a provider of human resources technology/software. They are fast growing, profitable and have a recurring revenue feature which I like very much. Especially earnings seem to be accelerating.
Revenues are as follows:
2015: 54.3
2014: 36.5 33.3 35.9 44.5 Total 150.2
2013: 27.2 23.4 25.1 29.9 Total 105.6
2012: Total 75.4
2011: Total 56.4
Earnings
2015: 5.99
2014: 1.06 -0.50 2.70 2.4 Total: 5.66
2013: 2.60 0.36 -0.4 -1.96 Total: 0.6
Anybody familiar with this company?
Best
Thomas
2 Likes
Here’s a link to an article from TMF on PAYC:
http://www.fool.com/investing/general/2014/07/23/three-small…
Anirban
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So I am big time newbie on the "Saul's 1YPEG" approach, but I am learning so much, and very much appreciate the advice and encouragement by the members on this board.
I wanted to try out the calculations on PAYC, and here is what I get:
12/31/2014 3/31/2015
End Stock Price 26.33 32.06
non-GAAP EPS for qtr 0.06 0.12
non-GAAP TTM EPS 0.18 0.27
EPS Growth rate 200% 575%
non-GAAP TTM PE Ratio 146.28 118.74
1YPEG-non-GAAP 0.731 0.207
I am only showing the last 2 qtrs for the info, so as to make the typing easier.
the 1YPEG is pretty low, under 1.
But I am not sure I did all the calcs properly.
Does this seem like a possible candidate?
Thanks,
Jon
4 Likes
Jon,
It appears the TTM EPS growth rate should be 50%. You list 575%. I see a 9 cent gain on an 18 cent basis.
This would also change the 1YPEG to 2.36 or so.
Check this carefully as I’m no expert please.
Regards,
A.J.
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Wow - it is hard to get this info in here!
12/13 3/14 6/14 9/14 12/14 3/15
End Stock Price 16.25 14.59 16.56 26.33 32.06
non-GAAP EPS - 0.03 0.04 0.05 0.06 0.12
non-GAAP TTM EPS 0.06 0.04 0.07 0.12 0.18 0.27
EPS Growth rate 200% 575%
non-GAAP TTM PE Ratio 406.3 208.4 138.0 146.3 118.7
1YPEG-non-GAAP 0.731 0.207
So, the 575% growth rate is based on a .27 vs the year earlier .04
I wasn't showing the earlier data as I have a hard time getting the info into this message.
3 Likes
The growth rate comparison is not this year to last year same period, but the last 4 periods totaled vs the 4 periods prior to that. This takes lumpy seasonality and flukes out of the picture … mostly.
Congratulations Jon it looks like you have it correct. That is some amazing growth. They only became public the first quarter of 2014.
Andy
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