BZ vs PAYC vs PAYX Stock Comparison

Kanzhun, Paycom Software and Paychex Prices as of Oct 27, 2026 Peers: Industry group
BZ Kanzhun Ltd
$16.65 +18.0% 1M -25.6% 1Y
Market cap
$7.75B
P/E
11.2x
Revenue (TTM)
$1.25B
Div. yield
3.06%
HR Software Technology
5 wins
PAYC Paycom Software, Inc.
$261.65 +18.7% 1M +30.7% 1Y
Market cap
$11.59B
P/E
24.6x
Revenue (TTM)
$2.14B
Div. yield
0.58%
HR Software Technology
3 wins
PAYX Paychex Inc
$109.26 +7.8% 1M -12.6% 1Y
Market cap
$38.90B
P/E
21.5x
Revenue (TTM)
$6.60B
Div. yield
5.24%
HR Software Technology
4 wins

Head to Head

12 decided of 12

Kanzhun leads on 5 of the 12 questions below (Kanzhun 5, Paychex 4, Paycom Software 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionBZPAYCPAYXLeader
Larger companyMarket capitalisation $7.75B $11.59B $38.90B PAYX
Cheaper on earningsLower P/E, profitable companies only 11.2x 24.6x 21.5x BZ
Cheaper on forward earningsLower price / next fiscal year consensus EPS 12.4x 22.3x 17.4x BZ
Faster revenue growthRevenue growth, trailing twelve months +51.0% +9.2% +14.0% BZ
More profitableNet margin, trailing twelve months 53.2% 22.8% 27.4% BZ
Better return on capitalReturn on invested capital — 31.3% 23.7% PAYC
Less leveragedLower net debt / EBITDA — 0.8x 1.2x PAYC
Higher dividend yieldTrailing dividend yield 3.06% 0.58% 5.24% PAYX
Better 1-year returnPrice return, last 12 months -25.6% +30.7% -12.6% PAYC
Better 5-year returnAnnualised price return, 5 years -14.3%/yr -13.4%/yr -2.4%/yr PAYX
Less volatileAnnualised volatility, 1 year 39.5% 47.3% 31.4% PAYX
Higher overall scoreMean of the five percentile scores vs peers 87/100 62/100 58/100 BZ

Percentile Scorecard

BZPAYCPAYX

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisBZPAYCPAYX
Valuation 90 #11 of 101 53 #48 of 101 48 #53 of 101
Growth 96 #5 of 97 57 #42 of 97 34 #64 of 97
Profitability 95 #6 of 94 98 #3 of 94 97 #4 of 94
Financial Health 96 #5 of 108 39 #66 of 108 40 #65 of 108
Shareholder Returns 59 #27 of 64 64 #24 of 64 68 #21 of 64
Overall 87 62 58
  • BZ ranked among 114 companies in Business Applications
  • PAYC ranked among 114 companies in Business Applications
  • PAYX ranked among 114 companies in Business Applications

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodBZPAYCPAYXSPY
1 month +18.0%+18.7%+7.8% -0.2%
3 months +5.2%+61.7%-8.1% +3.9%
6 months +21.4%+109.6%+20.1% +8.2%
Year to date -18.3%+64.2%-2.6% +12.9%
1 year -25.6%+30.7%-12.6% +12.3%
3 years +12.0%+8.9%-0.3% +87.4%
3 years, per year +3.9%+2.9%-0.1% +23.3%
5 years -53.8%-51.3%-11.4% +67.9%
5 years, per year -14.3%-13.4%-2.4% +10.9%
10 years —+416.6%+97.8% +261.1%
10 years, per year —+17.8%+7.1% +13.7%

Risk

MeasureBZPAYCPAYXSPY
Volatility, 1Y 39.5%47.3%31.4% 12.7%
Downside volatility, 1Y 38.4%42.9%33.0% 12.7%
Beta vs S&P 500, 1Y 0.660.06-0.04 1.00
Return / volatility, 1Y -0.650.65-0.40 0.97
Max drawdown, 5Y -73.6%-79.5%-46.4% -25.4%
From 52-week high -26.3%-4.7%-14.2% -1.2%
52-week high $22.60$274.60$127.34 $779.14
52-week low $12.65$113.59$85.57 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleBZPAYCPAYX
P/E now vs peer median 11.2xmedian 28.3x 24.6xmedian 28.3x 21.5xmedian 28.3x
P/S now vs peer median 6.2xmedian 2.8x 5.4xmedian 2.8x 5.9xmedian 2.8x
EV/EBITDA now vs peer median —median 17.3x 14.5xmedian 17.3x 13.0xmedian 17.3x
P/FCF now vs peer median 11.6xmedian 15.8x 20.2xmedian 15.8x 19.6xmedian 15.8x
P/B now vs peer median 2.5xmedian 3.2x 20.3xmedian 3.2x 10.5xmedian 3.2x
PEG now vs peer median 0.09median 0.85 0.99median 0.85 4.50median 0.85

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsBZPAYCPAYX
Revenue $1.25B $2.14B $6.60B
Gross profit $1.21B $1.79B $4.91B
Operating income $412.25M $648.40M $2.59B
Net income $657.32M $487.60M $1.81B
Free cash flow $665.92M $575.10M $1.98B
R&D $58.24M $258.90M –
EPS (diluted) $1.44 $10.62 $5.06
Cash & equivalents $380.29M $198.00M $600.90M
Total debt – $900.00M $4.56B
Shares (diluted) 463.50M 45.91M 356.60M
Enterprise value -$571.08M $10.49B $33.98B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricBZPAYCPAYX
P/E 11.2x 24.6x 21.5x
P/FCF 11.6x 20.2x 19.6x
P/Operating cash flow 11.6x 14.5x 17.3x
P/S 6.2x 5.4x 5.9x
P/B 2.5x 20.3x 10.5x
P/Tangible book 2.5x 21.4x 18.7x
EV/EBITDA – 14.5x 13.0x
EV/EBIT 13.2x 19.0x 16.6x
EV/Revenue 4.3x 5.7x 6.5x
EV/FCF 8.2x 21.4x 21.6x
EV/Operating cash flow 8.2x 15.3x 19.0x
PEG (3Y EPS CAGR) 0.09 0.99 4.50

Growth

14 metrics
MetricBZPAYCPAYX
Revenue growth (1Y) 51.0% 9.2% 14.0%
Revenue CAGR (3Y) 20.9% 11.2% 9.1%
Gross profit growth (1Y) 21.2% 10.9% 16.4%
Gross profit CAGR (3Y) 22.9% 11.0% 10.7%
Operating income growth (1Y) 64.4% 17.7% 17.5%
Operating income CAGR (3Y) 236.9% 14.9% 7.7%
Net income growth (1Y) 121.6% 17.3% 11.9%
Net income CAGR (3Y) 132.3% 15.6% 4.2%
EPS growth (1Y) 118.2% 44.3% 13.6%
EPS CAGR (3Y) 131.7% 25.0% 4.8%
Operating cash flow growth (1Y) 25.2% 43.6% 8.6%
Operating cash flow CAGR (3Y) 37.2% 21.4% 3.4%
Free cash flow growth (1Y) 24.1% 60.1% 8.4%
Free cash flow CAGR (3Y) 41.7% 24.3% 1.9%

Profitability

14 metrics
MetricBZPAYCPAYX
Gross margin 96.5% 83.7% 74.4%
EBITDA margin – 39.5% 49.8%
Operating margin 32.9% 30.3% 39.2%
Pretax margin 66.1% 32.0% 36.0%
Net margin 53.2% 22.8% 27.4%
FCF margin 53.1% 26.9% 30.0%
Operating cash flow margin 53.1% 37.4% 34.1%
Return on equity 21.6% 70.5% 48.5%
Return on assets 17.1% 9.7% 11.3%
Return on invested capital – 31.3% 23.7%
Return on capital employed 13.4% 36.7% 27.0%
Asset turnover 0.3x 0.4x 0.4x
Cash conversion (OCF / net income) 1.0x 1.6x 1.2x
Stock comp / revenue – 4.2% 1.3%

Financial Health

11 metrics
MetricBZPAYCPAYX
Debt / assets – 17.3% 29.1%
Debt / equity – 1.6x 1.2x
Net debt / EBITDA – 0.8x 1.2x
Debt / FCF – 1.6x 2.3x
Liabilities / assets 21.7% 89.0% 76.3%
Equity / assets 78.3% 11.0% 23.7%
Interest coverage – 39.8x 9.7x
Current ratio 4.2x 1.1x 1.3x
Quick ratio 3.1x 0.1x 0.5x
Cash ratio 3.0x 0.1x 0.1x
Altman Z-score – 3.05 3.21

Shareholder Returns

7 metrics
MetricBZPAYCPAYX
Dividend yield 3.1% 0.6% 5.2%
Net buyback yield – 12.8% 1.2%
Shareholder yield 3.1% 13.4% 6.4%
Payout ratio (earnings) – – 90.0%
Payout ratio (FCF) – – 82.0%
Dividend growth (1Y) – – 9.5%
Dividend CAGR (3Y) – – 10.3%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusBZPAYCPAYX
Forward P/E 12.4xFY2026 22.3xFY2026 17.4xFY2026
EPS, next fiscal year $1.34FY2026 $11.74FY2026 $6.28FY2026
EPS growth, next FY +18.6%FY2026 +27.1%FY2026 +14.0%FY2026
EPS growth, the year after +3.0% +14.6% -1.6%
Revenue, next fiscal year $1.42BFY2026 $2.08BFY2026 $6.60BFY2026
Revenue growth, next FY +20.7%FY2026 +1.5%FY2026 +1.4%FY2026
Revenue growth, the year after +7.0% +11.2% +12.2%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersBZPAYCPAYX
Held by institutions 66.1% 90.3% 82.5%
Institutions holding 254 594 1,528
Change in shares held, QoQ -1.6% -8.5% +3.4%
Institutions buying 129 294 785
Institutions selling 94 222 531
Buyers to sellers 1.37 1.32 1.48

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

BZPAYCPAYX
BZ 1.00 0.07 0.11
PAYC 0.07 1.00 0.68
PAYX 0.11 0.68 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, BZ, PAYC and PAYX?

Paychex (PAYX) is the largest by market capitalisation: Kanzhun (BZ) $7.75B, Paycom Software (PAYC) $11.59B, Paychex (PAYX) $38.90B.

Which stock is cheaper, BZ, PAYC and PAYX?

Kanzhun (BZ) trades on the lowest price-to-earnings ratio (Kanzhun (BZ) 11.2x, Paycom Software (PAYC) 24.6x, Paychex (PAYX) 21.5x). On next year's consensus earnings, Kanzhun (BZ) is cheapest (Kanzhun (BZ) 12.4x, Paycom Software (PAYC) 22.3x, Paychex (PAYX) 17.4x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Kanzhun (BZ) grew revenue fastest over the trailing twelve months: Kanzhun (BZ) +51.0%, Paycom Software (PAYC) +9.2%, Paychex (PAYX) +14.0%.

Which company is more profitable?

Kanzhun (BZ) has the highest net margin (Kanzhun (BZ) 53.2%, Paycom Software (PAYC) 22.8%, Paychex (PAYX) 27.4%). On return on invested capital, Paycom Software (PAYC) leads (Paycom Software (PAYC) 31.3%, Paychex (PAYX) 23.7%).

Which stock has performed better?

Over the past year Paycom Software (PAYC) returned the most: Kanzhun (BZ) -25.6%, Paycom Software (PAYC) +30.7%, Paychex (PAYX) -12.6%. Over five years, Paychex (PAYX) compounded fastest (Kanzhun (BZ) -14.3%/yr, Paycom Software (PAYC) -13.4%/yr, Paychex (PAYX) -2.4%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Paychex (PAYX) has the highest dividend yield: Kanzhun (BZ) 3.06%, Paycom Software (PAYC) 0.58%, Paychex (PAYX) 5.24%.

Which stock is riskier?

By one-year price volatility, Paychex (PAYX) has been the steadiest (Kanzhun (BZ) 39.5%, Paycom Software (PAYC) 47.3%, Paychex (PAYX) 31.4%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, BZ, PAYC and PAYX?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Kanzhun (BZ) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.