Microsoft Corporation
$3.68T- Market cap
- $3.71T
- Debt
- +$49.52B
- Cash
- −$76.84B
Capital structure 99% equity / 1% debt · EV / Revenue 11.10x · EV / EBITDA 17.97x
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
FY 2025 ·
Decision snapshot: MSFT stock price near parity vs PAYC $499.74 current versus $514.75 implied using P/E multiple.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at PAYC's multiple
Implied fair value · at MSFT's multiple
Snapshot Sep 4, 4:00 PM ET
Metric by metric
Where each company leads, and how wide the gap is.
Growth edge
Pricing power
Operating leverage
Multiple premium
Value edge
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: MSFT FY 2026 (ended Jun 30, 2026) · PAYC FY 2025 (ended Dec 31, 2025). Fiscal years are not aligned.
Trendline
Six fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Market cap plus debt, less cash.
Capital structure 99% equity / 1% debt · EV / Revenue 11.10x · EV / EBITDA 17.97x
Capital structure 67% equity / 33% debt · EV / Revenue 7.47x · EV / EBITDA 20.59x
MSFT carries the larger enterprise value at $3.68T against $15.32B; PAYC trades on the lower EV / Revenue multiple (7.47x vs 11.10x); MSFT on the lower EV / EBITDA (17.97x vs 20.59x).
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
MICROSOFT CORPORATION · implied price per share
Debt and bridge-cash inputs are required to translate enterprise value into equity value.
Paycom Software, Inc. · implied price per share
Debt and bridge-cash inputs are required to translate enterprise value into equity value.
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Debt / equity
Total debt against shareholders' equity
0.11x
3.03x
Net debt / EBITDA
Leverage against operating earnings
-0.13x
6.56x
Cash and equivalents
Liquid reserves on the balance sheet
$76.84B
$370.00M
Total debt
Interest-bearing obligations outstanding
Comparable set
Where the pair sits against the wider comparable set.
Keep comparing
Open adjacent comparisons from the same industry to pressure-test the read across multiple pairs.
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$49.52B
$5.25B
LLM-powered synthesis
An on-demand narrative read of the same deterministic data.
This explanation uses an earlier data snapshot or evidence version. Review its generation date and the current figures, or refresh after signing in.
If you believe MSFT deserves a persistent premium multiple for its superior growth, scale, and profitability versus PAYC, then holding or accumulating can be justified because the operating metrics are stronger even though the P/E-based valuation model shows downside.
On the provided P/E basis, MSFT screens as significantly overvalued relative to PAYC, with an implied price of $250.82 versus a current price of $460.52, or -45.5% downside. However, MSFT also trades within its stated historical band, so the apparent discount/premium signal depends heavily on whether PAYC multiple is the right anchor.
Supporting Metrics