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Reckon Limited is a software-application business based in Australia. Reckon shares (RKN) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Reckon has a trailing 12-month revenue of around $75.6 million.
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52-week range | $0.3711 - $0.8828 |
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50-day moving average | $0.8295 |
200-day moving average | $0.8074 |
Target price | $1.09 |
PE ratio | 9.2857 |
Dividend yield | $0.05 (6.33%) |
Earnings per share (TTM) | $0.084 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Valuing Reckon stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Reckon 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Reckon 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 9x. In other words, Reckon shares trade at around 9x recent earnings.
That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Reckon 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $14.6 million (£0.0 million).
The EBITDA is a measure of a Reckon 's overall financial performance and is widely used to measure a its profitability.
Revenue TTM | $75.6 million |
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Operating margin TTM | 17.48% |
Gross profit TTM | $41.9 million |
Return on assets TTM | 9.81% |
Return on equity TTM | 41.92% |
Profit margin | 12.88% |
Book value | 0.224 |
Market capitalisation | $88.4 million |
TTM: trailing 12 months
Dividend payout ratio: 55.56% of net profits
Recently Reckon has paid out, on average, around 55.56% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 6.13% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Reckon shareholders could enjoy a 6.13% return on their shares, in the form of dividend payments. In Reckon 's case, that would currently equate to about A$0.05 per share.
Reckon 's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
The latest dividend was paid out to all shareholders who bought their shares by 22 February 2021 (the "ex-dividend date").
Over the last 12 months, Reckon 's shares have ranged in value from as little as $0.3711 up to $0.8828. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Reckon 's is 0.8574. This would suggest that Reckon 's shares are less volatile than average (for this exchange).
Reckon Limited provides software solutions in Australia, the United States, and internationally. It operates through Business Group; Practice Management Group, Accountants; and Practice Management Group, Legal segments. The company offers Reckon One, an online accounting software for small businesses; Single Touch Payroll software for managing pay runs, allowances, leave, and superannuation; Reckon Accounts Hosted, an online accounting software to manage finances, payroll, and inventory; Reckon Cloud POS, an online point of sale software; and Better Clinics, an online practice management software for health and fitness professionals. It also provides Reckon Loans, which offers business loans; Reckon Accounts Desktop, a desktop accounting software; Desktop Point of Sale; Reckon Personal Range for personal finances; Reckon APS that provides accounting practice solutions; Reckon Elite for smaller practice management; and Reckon Billback, a client cost recovery solution. In addition, the company develops, distributes, and supports cost recovery, scan and cloud-based integration platforms under the nQ Zebraworks brand primarily to the legal market. Reckon Limited was incorporated in 1987 and is headquartered in North Sydney, Australia.
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