We expect Technology One’s strategic focus to revolve around increasing the number of products used by its local government and education customers in Australia and New Zealand. To a lesser extent, we expect Technology One to focus on vertical expansion and geographic expansion into the UK education market.
Technology One’s product suite, like many ERP software suites, is highly entrenched and sticky.
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.
|
Metric
|
TNE
|
WDAY
|
SAP
|
|---|---|---|---|
Price/Earnings (Normalized) | 48.99 | 42.74 | 33.26 |
Price/Book Value | 17.11 | 8.15 | 4.82 |
Price/Sales | 12.25 | 9.12 | 6.57 |
Price/Cash Flow | 27.17 | 30.34 | 45.27 |
|
Metric
|
TNE
|
WDAY
|
SAP
|
|---|---|---|---|
Quick Ratio | 0.94 | 1.87 | 1.12 |
Current Ratio | 1.13 | 1.97 | 1.25 |
Interest Coverage | 60.22 | 1.48 | 4.75 |
|
Metric
|
TNE
|
WDAY
|
SAP
|
|---|---|---|---|
Return on Assets (Normalized) | 19.17% | 10.93% | 11.27% |
Return on Equity (Normalized) | 40.38% | 23.82% | 18.79% |
Return on Invested Capital (Normalized) | 35.21% | 14.34% | 15.28% |
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
CRM
| Salesforce Inc | Zszgclvdp | Mlzg | $268.4 Bil | |
SAP
| SAP SE ADR | Lhqx | Ljtkvp | $223.0 Bil | |
INTU
| Intuit Inc | Gwykmpvcft | Zbdc | $175.5 Bil | |
NOW
| ServiceNow Inc | Xrgxlntmc | Tyzx | $148.5 Bil | |
UBER
| Uber Technologies Inc | Grwwrnhvw | Bqvlhzc | $146.6 Bil | |
SHOP
| Shopify Inc Registered Shs -A- Subord Vtg | Jqyknmc | Hrnqjvs | $80.5 Bil | |
CDNS
| Cadence Design Systems Inc | Cxxtphfrpk | Gmfxdr | $78.2 Bil | |
WDAY
| Workday Inc Class A | Ddvbnsnf | Zycm | $65.3 Bil | |
ROP
| Roper Technologies Inc | Nxgwhfptk | Gwlpv | $56.0 Bil | |
DASTY
| Dassault Systemes SE ADR | Vpzhrpgyl | Ljmy | $53.8 Bil |
