Paylocity Holding Corporation
—- Market cap
- —
- Debt
- +$81.88M
- Cash
- −$271.92M
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
FY 2025 · View financials
Decision snapshot: PCTY stock price vs HUBS: inconclusive Relative valuation is incomplete for this pair. Review the available filing metrics before drawing a conclusion.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at HUBS's multiple
Needs HUBS P/E.
Implied fair value · at PCTY's multiple
Needs PCTY P/E.
Live quote
Price unavailable
Metric by metric
Where each company leads, and how wide the gap is.
Growth lag
Pricing power
Operating leverage
Lower is better
Not comparable
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: PCTY FY 2026 (ended Jun 30, 2026) · HUBS 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.
Price framework
Discounted free cash flow, then bridged to a per-share price. Same assumptions applied to both companies.
PAYLOCITY HOLDING CORPORATION · implied price per share
Bear
$56.87
Base
$66.91
Bull
$76.95
HubSpot, Inc. · implied price per share
Bear
$13.65
Base
$16.06
Bull
$18.47
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.
Not enough data to score either balance sheet.
Debt / equity
Total debt against shareholders' equity
0.07x
0.27x
Net debt / EBITDA
Leverage against operating earnings
-0.44x
-1.60x
Cash and equivalents
Liquid reserves on the balance sheet
$271.92M
$882.24M
Total debt
Interest-bearing obligations outstanding
$81.88M
$551.06M
Comparable set
Where the pair sits against the wider comparable set.
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Live quote
LLM-powered synthesis
An on-demand narrative read of the same deterministic data.
Based on an earlier data snapshot. Review the filing dates below or refresh after signing in.
If you believe PCTY can sustain its 19.1% operating margin and 30.4% ROIC while re-rating closer to HUBS-style earnings multiples, then PCTY looks attractive; however, if you anchor on DCF and slower 13.7% revenue growth versus HUBS, the stock looks much less compelling.
PCTY’s current price of $139.77 is far below the stated HUBS-implied price of $1,121.49, indicating a very large valuation gap on a P/E basis. However, the valuation picture is mixed because PCTY already trades above the midpoint of its historical band and well above the DCF range.
Supporting Metrics