Paycom Net Income From Continuing Ops vs Other Operating Expenses Analysis

PAYC Stock  USD 187.98  5.21  2.70%   
Paycom Soft financial indicator trend analysis is much more than just breaking down Paycom Soft prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Paycom Soft is a good investment. Please check the relationship between Paycom Soft Net Income From Continuing Ops and its Other Operating Expenses accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Paycom Soft. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
For information on how to trade Paycom Stock refer to our How to Trade Paycom Stock guide.

Net Income From Continuing Ops vs Other Operating Expenses

Net Income From Continuing Ops vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Paycom Soft Net Income From Continuing Ops account and Other Operating Expenses. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Paycom Soft's Net Income From Continuing Ops and Other Operating Expenses is 0.98. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Paycom Soft, assuming nothing else is changed. The correlation between historical values of Paycom Soft's Net Income From Continuing Ops and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income From Continuing Ops of Paycom Soft are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Net Income From Continuing Ops i.e., Paycom Soft's Net Income From Continuing Ops and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Income From Continuing Ops

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Paycom Soft. It is also known as Paycom Soft overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from Paycom Soft's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Paycom Soft current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Paycom Soft. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
For information on how to trade Paycom Stock refer to our How to Trade Paycom Stock guide.At present, Paycom Soft's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.23, whereas Enterprise Value Over EBITDA is forecasted to decline to 18.91.
 2021 2022 2023 2024 (projected)
Interest Expense2.4M2.5M1.9M1.6M
Depreciation And Amortization69.6M106.1M113.9M119.6M

Paycom Soft fundamental ratios Correlations

0.440.080.490.490.350.40.410.43-0.350.360.380.360.360.30.380.380.360.4-0.140.40.330.48-0.30.480.33
0.440.210.990.990.890.910.890.9-0.910.880.860.910.890.770.90.510.910.88-0.320.980.830.99-0.741.00.84
0.080.210.160.190.230.210.250.230.010.270.350.140.26-0.160.230.250.140.24-0.350.260.070.19-0.530.20.3
0.490.990.161.00.870.90.880.9-0.90.860.830.890.860.790.890.550.890.87-0.30.960.831.0-0.721.00.81
0.490.990.191.00.870.90.890.9-0.90.870.850.890.870.770.890.560.890.87-0.320.960.831.0-0.741.00.82
0.350.890.230.870.870.980.990.99-0.921.00.790.961.00.670.990.490.960.98-0.680.880.750.87-0.870.880.98
0.40.910.210.90.90.980.990.99-0.910.980.760.940.990.710.990.550.940.98-0.620.910.760.9-0.860.90.96
0.410.890.250.880.890.990.991.0-0.880.990.780.930.990.650.990.60.930.98-0.690.880.750.89-0.90.890.97
0.430.90.230.90.90.990.991.0-0.90.990.790.940.990.660.990.590.940.98-0.660.880.760.9-0.870.90.97
-0.35-0.910.01-0.9-0.9-0.92-0.91-0.88-0.9-0.89-0.81-0.98-0.89-0.82-0.89-0.32-0.98-0.890.39-0.89-0.82-0.90.64-0.9-0.88
0.360.880.270.860.871.00.980.990.99-0.890.780.941.00.640.990.540.940.98-0.70.870.740.87-0.90.870.98
0.380.860.350.830.850.790.760.780.79-0.810.780.830.770.520.780.510.830.77-0.320.820.80.85-0.620.850.78
0.360.910.140.890.890.960.940.930.94-0.980.940.830.940.770.940.371.00.94-0.520.890.80.89-0.740.890.94
0.360.890.260.860.871.00.990.990.99-0.891.00.770.940.660.990.530.940.98-0.690.880.740.87-0.90.880.98
0.30.77-0.160.790.770.670.710.650.66-0.820.640.520.770.660.690.110.770.66-0.030.810.690.77-0.480.780.56
0.380.90.230.890.890.990.990.990.99-0.890.990.780.940.990.690.580.940.98-0.650.90.770.89-0.890.90.96
0.380.510.250.550.560.490.550.60.59-0.320.540.510.370.530.110.580.370.49-0.420.450.430.55-0.570.540.51
0.360.910.140.890.890.960.940.930.94-0.980.940.831.00.940.770.940.370.94-0.520.890.80.89-0.740.890.94
0.40.880.240.870.870.980.980.980.98-0.890.980.770.940.980.660.980.490.94-0.680.860.770.87-0.860.880.97
-0.14-0.32-0.35-0.3-0.32-0.68-0.62-0.69-0.660.39-0.7-0.32-0.52-0.69-0.03-0.65-0.42-0.52-0.68-0.29-0.25-0.320.75-0.31-0.75
0.40.980.260.960.960.880.910.880.88-0.890.870.820.890.880.810.90.450.890.86-0.290.80.96-0.760.970.83
0.330.830.070.830.830.750.760.750.76-0.820.740.80.80.740.690.770.430.80.77-0.250.80.83-0.590.830.7
0.480.990.191.01.00.870.90.890.9-0.90.870.850.890.870.770.890.550.890.87-0.320.960.83-0.741.00.82
-0.3-0.74-0.53-0.72-0.74-0.87-0.86-0.9-0.870.64-0.9-0.62-0.74-0.9-0.48-0.89-0.57-0.74-0.860.75-0.76-0.59-0.74-0.74-0.86
0.481.00.21.01.00.880.90.890.9-0.90.870.850.890.880.780.90.540.890.88-0.310.970.831.0-0.740.83
0.330.840.30.810.820.980.960.970.97-0.880.980.780.940.980.560.960.510.940.97-0.750.830.70.82-0.860.83
Click cells to compare fundamentals

Paycom Soft Account Relationship Matchups

Paycom Soft fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding58.4M58.3M58.2M58.2M58.0M56.8M
Total Assets2.5B2.6B3.2B3.9B4.2B2.1B
Short Long Term Debt Total32.6M30.9M29.2M29M75.9M42.2M
Other Current Liab1.7B1.7B2.0B2.3B2.3B1.4B
Total Current Liabilities1.8B1.7B2.0B2.4B2.5B1.4B
Total Stockholder Equity526.6M655.6M893.7M1.2B1.3B1.4B
Other Liab157.5M185.9M303.6M287.8M331.0M347.6M
Property Plant And Equipment Net238.5M285.2M349.0M402.4M498.2M523.1M
Current Deferred Revenue11.1M13.6M16.3M19.8M22.8M24.0M
Net Debt(101.0M)(120.8M)(248.8M)(371.7M)(218.1M)(207.2M)
Retained Earnings576.2M719.6M915.6M1.2B1.5B1.5B
Accounts Payable5.1M6.8M5.8M16.1M13.9M7.3M
Cash133.7M151.7M278.0M400.7M294.0M308.7M
Non Current Assets Total615.8M743.3M963.1M1.1B1.4B1.5B
Non Currrent Assets Other325.5M406.2M504.2M489.0M103.6M168.3M
Other Assets297.8M406.2M504.2M590.2M678.7M712.7M
Long Term Debt30.9M29.1M27.4M29M33.4M31.6M
Cash And Short Term Investments133.7M151.7M278.0M400.7M294.0M308.7M
Net Receivables13.3M19.6M25.9M28.4M34.8M36.6M
Liabilities And Stockholders Equity2.5B2.6B3.2B3.9B4.2B2.1B
Non Current Liabilities Total206.8M234.2M331.0M342.9M359.9M182.9M
Inventory1.2M1.2M1.1M1.6M1.4M1.1M
Other Current Assets1.7B1.7B1.9B2.3B2.5B1.4B
Other Stockholder Equity(50.2M)(64.6M)(22.5M)(11.3M)(166.5M)(158.2M)
Total Liab2.0B2.0B2.3B2.7B2.9B1.6B
Property Plant And Equipment Gross238.5M285.2M591.6M733.8M935.5M982.3M
Total Current Assets1.9B1.9B2.3B2.8B2.8B1.6B
Accumulated Other Comprehensive Income(53.5M)(83.0M)0.0(3.7M)(1.0M)(1.1M)
Intangible Assets532K319K58.0M54.0M50.1M52.6M
Property Plant Equipment238.5M285.2M349.0M402.4M462.8M486.0M
Common Stock Total Equity613K618K623K625K562.5K534.4K
Common Stock613K618K623K625K627K595.7K
Net Tangible Assets474.7M603.8M783.8M1.1B1.2B1.3B
Retained Earnings Total Equity576.2M719.6M915.6M1.2B1.4B1.4B
Long Term Debt Total30.9M29.1M27.4M29M33.4M32.2M
Capital Surpluse257.5M357.9M465.6M576.6M663.1M696.3M
Deferred Long Term Liab156.4M185.9M461.9M238.6M274.4M185.8M
Treasury Stock(307.7M)(422.5M)(488.1M)(587.9M)(529.1M)(502.7M)

Paycom Soft Investors Sentiment

The influence of Paycom Soft's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Paycom. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Paycom Soft's public news can be used to forecast risks associated with an investment in Paycom. The trend in average sentiment can be used to explain how an investor holding Paycom can time the market purely based on public headlines and social activities around Paycom Soft. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Paycom Soft's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Paycom Soft's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Paycom Soft's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Paycom Soft.

Paycom Soft Implied Volatility

    
  90.03  
Paycom Soft's implied volatility exposes the market's sentiment of Paycom Soft stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Paycom Soft's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Paycom Soft stock will not fluctuate a lot when Paycom Soft's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Paycom Soft in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Paycom Soft's short interest history, or implied volatility extrapolated from Paycom Soft options trading.

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When determining whether Paycom Soft offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Paycom Soft's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Paycom Soft Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Paycom Soft Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Paycom Soft. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
For information on how to trade Paycom Stock refer to our How to Trade Paycom Stock guide.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

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When running Paycom Soft's price analysis, check to measure Paycom Soft's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Paycom Soft is operating at the current time. Most of Paycom Soft's value examination focuses on studying past and present price action to predict the probability of Paycom Soft's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Paycom Soft's price. Additionally, you may evaluate how the addition of Paycom Soft to your portfolios can decrease your overall portfolio volatility.
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Is Paycom Soft's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Paycom Soft. If investors know Paycom will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Paycom Soft listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.034
Dividend Share
1.125
Earnings Share
5.88
Revenue Per Share
29.35
Quarterly Revenue Growth
0.173
The market value of Paycom Soft is measured differently than its book value, which is the value of Paycom that is recorded on the company's balance sheet. Investors also form their own opinion of Paycom Soft's value that differs from its market value or its book value, called intrinsic value, which is Paycom Soft's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Paycom Soft's market value can be influenced by many factors that don't directly affect Paycom Soft's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Paycom Soft's value and its price as these two are different measures arrived at by different means. Investors typically determine if Paycom Soft is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Paycom Soft's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.