PAYX Fair Value — Paychex Inc

Payroll & HR Tech · Institutional-depth multi-model valuation on Equity Rank

As of October 22, 2026, Paychex Inc (PAYX) trades at $119.40. Equity Rank's blended estimate across 10 valuation models with sufficient data is $119.79 — a model fair value differential of 0.3% above the current price under these model assumptions. Model-derived estimate, informational only — not investment advice.

Source: Equity Rank — PAYX fair value (data as of 2026-10-22). The full page adds the per-method breakdown and the model’s scenario range (with an Equity Rank account).

Current Price
$119.40
Model Fair Value
$119.79
Margin of Safety
0.3%

PAYX earnings history

Reported EPS came in above the analyst estimate in 7 of the last 8 reports. The median share-price change across a report, in either direction, was 1.7%.

ReportEPS estimateEPS actualvs estimatePrice change
Jun 24, 2026$1.31$1.32+0.8%-1.7%
Mar 25, 2026$1.67$1.71+2.4%+3.0%
Dec 19, 2025$1.23$1.26+2.4%-1.7%
Sep 30, 2025$1.20$1.22+1.7%-1.4%
Jun 25, 2025$1.20$1.19-0.8%-9.4%
Mar 26, 2025$1.48$1.49+0.7%+4.2%
Dec 19, 2024$1.12$1.14+1.8%+1.4%
Sep 30, 2024$1.14$1.16+1.8%+0.9%

Price change is close to close across the report. Past reactions say nothing about the next report. Informational only.

How PAYX's valuation models agree

Equity Rank computed model fair value for PAYX from 10 independent valuation methods with sufficient data. 5 place fair value above the current price of $119.40, and 5 place it below. The model-blended estimate lands at $119.79 — a model fair value differential of 0.3% above the current price under these model assumptions. The methods are evenly split, reflecting genuine dispersion in the estimate.

Models: FV above price
5
Models: FV below price
5
Models compared
10

Each method (DCF, Graham Number, EPV, Three-Stage DCF, DDM, Residual Income, Justified Price-to-Book, and more) is weighted by historical sector accuracy. Model-derived and informational only — not investment advice.

PAYX fundamental profile

Equity Rank's fundamental strength composite scores PAYX at 74.1/100 (B+, Strong), blending profitability, balance-sheet, and cash-flow quality. Over the trailing three years, free cash flow has compounded at +14.3% per year and gross margin has moved +3.3 pp. Its SAVE composite score has moved -1.2 over the past 30 days.

A composite quality metric for research context — not a rating, recommendation, or directional signal.

What is PAYX's intrinsic value estimate?

Equity Rank's intrinsic value estimate for Paychex Inc (PAYX) — the model fair value — is $119.79 as of October 22, 2026, blended from 10 valuation methods with sufficient data. An intrinsic value estimate is what the models compute a share to be worth under stated assumptions; it is not a price target, not a prediction of where the stock will trade, and not investment advice.

How does Equity Rank calculate fair value for PAYX?

Equity Rank calculates fair value for PAYX by blending 19 valuation methods (8–15 run per security depending on data availability), including DCF, Graham Number, Price-to-Free-Cash-Flow, EPV, Three-Stage DCF, DDM, Residual Income, and Justified Price-to-Book. Each model is weighted by historical sector accuracy and updated regularly. Informational only — not investment advice.

About PAYX

Paychex Inc (PAYX) is analyzed on Equity Rank with multiple valuation methods (DCF, Graham Number, multiples) and a Fundamentals Score built from value, growth, quality and financial stability. The consensus fair value is a blend of multiple models designed to surface potential mispricings versus current market price.

Paychex Inc (PAYX) is classified in the Payroll & HR Tech sector on Equity Rank, and its valuation methods are weighted with sector-calibrated multiples.

Equity Rank provides institutional-depth valuation research on 3,000+ US equities. Data is refreshed daily and combines quantitative models with AI-driven qualitative analysis.

Related Payroll & HR Tech Research

AAPL · MSFT · NVDA · GOOGL · META

All Application Software stocks with model fair values

All Technology stocks with model fair values · Undervalued Technology stocks

Research Tools

Intrinsic Value Calculator · DCF Calculator · Margin of Safety Calculator

Data study: 19 valuation models across 3,091 US stocks · Compare any two stocks

How to quote this page

Attribute figures to Equity Rank and link https://www.equity-rank.com/stocks/PAYX. Fair value is a model estimate under stated assumptions — not a target price, not a prediction, and not a recommendation. Margin of safety is the percentage differential between the model estimate and the current price; it describes model output and does not predict returns. Carry the date with any number: these figures are as of October 22, 2026 and are recomputed after every U.S. market close.