Technology One: Share Price Not Supported by Normal Growth Rates
Technology One shares have risen nearly 50% since their February lows as fears of disruption by artificial intelligence have calmed.
Technology One Ltd TNE
Bulls Say, Bears Say
Bulls
Technology One’s product suite, like many ERP software suites, is highly entrenched and sticky.
Bears
Technology One already has large market share in some of its verticals, especially the local government segment in Australia and New Zealand, limiting further market share growth.
News
Trading Information
- Previous Close Price
- A$29.22
- Day Range
- A$29.22–30.54
- 52-Week Range
- A$20.14–39.99
- Bid/Ask
- A$30.26 / A$30.74
- Shares Outstanding
- 327.37M
- Market Cap
- A$9.99B
- Volume/Avg
- 600,193 / 770,553
Key Statistics
- Price/Earnings (Normalized)
- 69.08
- Price/Sales
- 16.00
- Dividend Yield (Trailing)
- 0.92%
- Dividend Yield (Forward)
- 0.92%
- Dividend Payment Schedule
- Jun, Dec
- Total Yield
- 1.15%
Company Profile
Technology One is a technology company providing enterprise resource planning software, primarily to governmental organizations, educational institutions, and healthcare organizations in Australia, New Zealand, and the United Kingdom. Over the past three decades, Technology One has successfully carved out its niche, boasting dominant market shares in some of its key verticals, world-leading annual customer retention rates of over 99%, and a consistently growing number of products used per customer.
- Sector
- Technology
- Industry
- Software - Application
- Stock Style Box
- Mid Core
- Total Number of Employees
- 714
Competitors
Valuation
|
Metric
|
TNE
|
ORCL
|
WDAY
|
|---|---|---|---|
Price/Earnings (Normalized) | 69.08 | 17.09 | 18.31 |
Price/Book Value | 23.34 | 6.75 | 6.97 |
Price/Sales | 16.00 | 5.65 | 4.75 |
Price/Cash Flow | 33.07 | 13.29 | 13.79 |
Price/Earnings
TNE
ORCL
WDAY
Financial Strength
|
Metric
|
TNE
|
ORCL
|
WDAY
|
|---|---|---|---|
Quick Ratio | 0.91 | 1.02 | 0.81 |
Current Ratio | 1.12 | 1.17 | 0.91 |
Interest Coverage | 55.18 | 5.07 | 10.57 |
Quick Ratio
TNE
ORCL
WDAY
Profitability
|
Metric
|
TNE
|
ORCL
|
WDAY
|
|---|---|---|---|
Return on Assets (Normalized) | 18.46% | 9.91% | 16.94% |
Return on Equity (Normalized) | 34.95% | 63.39% | 37.25% |
Return on Invested Capital (Normalized) | 30.14% | 15.17% | 24.04% |
Return on Assets
TNE
ORCL
WDAY
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United States