Tag: PAYX

  • Paychex Inc. Quarterly Valuation – November 2014 $PAYX

    Paychex Inc. Quarterly Valuation – November 2014 $PAYX

    Paychex Inc. is suitable for the Enterprising Investor but not the Defensive Investor, who is concerned with the low current ratio, lack of earnings growth over the last ten years and the high PEmg and PB ratios.

  • 19 Companies in the Spotlight This Week – 7/26/14

    19 Companies in the Spotlight This Week – 7/26/14

    We evaluated 19 different companies this week to determine whether they are suitable for Defensive Investors, those unwilling to do substantial research, or Enterprising Investors, those who are willing to do such research. Here’s a summary of each company’s valuation.

  • Paychex Inc. Quarterly Valuation – July 2014 $PAYX

    Paychex Inc. Quarterly Valuation – July 2014 $PAYX

    Paychex is suitable for the Enterprising Investor but not the Defensive Investor. The Defensive Investor has concerns with the low current ratio and the high PEmg and PB ratios. The Enterprising Investor’s only initial concern is with the high level of debt relative to the current assets.

  • 17 Companies in the Spotlight This Week – 3/29/14

    17 Companies in the Spotlight This Week – 3/29/14

    We looked at 17 different companies this week.  Here’s a summary of the ModernGraham Valuations.  For more detailed analysis, click on the name of the company.  To see screens of all of our valuations, be sure to get a copy of this month’s edition of ModernGraham Stocks and Screens! The Elite (Defensive or Enterprising and Undervalued) […]

  • Paychex Inc. (PAYX) Quarterly Valuation – March 2014

    Paychex Inc. (PAYX) Quarterly Valuation – March 2014

    Paychex Inc. is suitable for the Enterprising Investor but not the Defensive Investor. The company’s current ratio is too low while the PEmg and PB ratios are too high for the Defensive Investor. The Enterprising Investor is willing to accept the low current ratio, though, because the company holds no long-term debt.

  • 10 Companies in the Spotlight This Week – 12/28/13

    We looked at 10 different companies this week.  Here’s a summary of the ModernGraham Valuations.  For more detailed analysis, click on the name of the company.  To see screens of all of our valuations, be sure to get a copy of this month’s edition of ModernGraham Stocks and Screens! The Elite (Defensive or Enterprising and Undervalued) […]

  • ModernGraham Valuation: Paychex, Inc. (PAYX)

    Paychex, Inc. is an interesting company. On the one hand, it has no long-term debt, but on the other hand it has a lot of current liabilities. As a result, the current ratio is relatively poor but the company still passes the requirements of the Enterprising Investor.