Paychex, Inc.
$46.73B- Market cap
- $43.30B
- Debt
- +$4.56B
- Cash
- −$1.12B
Capital structure 90% equity / 10% debt · EV / Revenue 7.18x · EV / EBITDA 15.39x
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
FY 2026 · Mkt capMarket cap $43.30B · View financials
Snapshot Sep 4, 4:00 PM ET
Decision snapshot: PAYX stock price at premium vs IFF $121.74 current versus $37.05 implied using P/S multiple.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at IFF's multiple
Implied fair value · at PAYX'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
Not comparable
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: PAYX FY 2026 (ended May 31, 2026) · IFF FY 2025 (ended Dec 31, 2025). Fiscal years are not aligned.
Trendline
Eight fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Market cap plus debt, less cash.
Capital structure 90% equity / 10% debt · EV / Revenue 7.18x · EV / EBITDA 15.39x
Capital structure 76% equity / 24% debt · EV / Revenue 2.60x · EV / EBITDA 36.38x
PAYX carries the larger enterprise value at $46.73B against $28.34B; IFF trades on the lower EV / Revenue multiple (2.60x vs 7.18x); PAYX on the lower EV / EBITDA (15.39x vs 36.38x).
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
Paychex, Inc. · implied price per share
Bear
$70.62
Base
$86.28
Bull
$107.40
INTERNATIONAL FLAVORS & FRAGRANCES 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
1.22x
0.49x
Net debt / EBITDA
Leverage against operating earnings
1.13x
8.09x
Cash and equivalents
Liquid reserves on the balance sheet
$1.12B
$590.00M
Total debt
Interest-bearing obligations outstanding
Comparable set
Where the pair sits against the wider comparable set.
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