Company	Price	Valuation					Profitability					Cash & leverage					Quality				Rating
		P/E	P/B	P/S	EV / EBITDA	DCF upside	Gross margin	Operating margin	Net margin	ROE	ROIC	FCF yield	Debt / equity	Net debt / EBITDA	Interest coverage	Current ratio	Dividend yield	Piotroski (0-9)	Altman Z	Rating score (1-5)
PAYCthis companyPaycom Software, Inc.	$238.91	19.6×	5.14×	4.33×	10.86×	-19.4%	83.2%	27.6%	22.1%	26.2%	18.4%	4.6%	0.09×	-0.27×	166.82×	1.09×	1.0%	6	3.13	3	B+
ADPAutomatic Data Processing, Inc.	$302.32	20.41×	14.83×	4.08×	14.03×	0.9%	48.2%	18.6%	20.1%	73.2%	23.9%	5.9%	0.87×	0.16×	8.88×	0.17×	2.9%	6	2.49	3	B+
ASURAsure Software, Inc.	$10.06	-19.63×	1.31×	1.84×	14.96×	-136.0%	67.5%	-6.0%	-9.3%	-6.6%	-3.0%	8.3%	0.38×	2.41×	-1.66×	1.07×	0.0%	5	-0.42	2	B-
NSPInsperity, Inc.	$49.63	-215.11×	31.99×	0.22×	19.45×	58.0%	13.2%	-0.1%	-0.1%	-15.2%	-1.7%	-21.0%	9.46×	-3.18×	-0.42×	1.06×	6.1%	6	4.14	2	C+
PAYXPaychex, Inc.	$115.28	20.91×	9.84×	5.65×	13.35×	33.7%	74.3%	38.6%	27.0%	47.1%	20.4%	6.3%	1.24×	1.16×	9.32×	1.26×	4.3%	7	3.27	3	B+
PCTYPaylocity Holding Corporation	$180.93	20.95×	4.63×	3.19×	11.03×	110.9%	69.2%	21.8%	15.2%	22.1%	18.4%	8.8%	0.1×	-0.3×	0×	1.09×	0.0%	6	2.53	4	A-
Peer median	—	20.41×	9.84×	3.19×	14.03×	33.7%	67.5%	18.6%	15.2%	22.1%	18.4%	6.3%	0.87×	0.16×	0×	1.07×	2.9%	6	2.53	3	—