How to buy Technology One (TNE) shares
Learn how to easily invest in Technology One shares.
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Technology One Limited is a software-application business based in Australia. Technology One shares (TNE) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian Dollars. Technology One has a trailing 12-month revenue of around $304.6 million. If you're looking to buy shares, check out the steps below.
How to buy shares in Technology One
- Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
- Search for Technology One. Find the share by name or ticker symbol: TNE. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Technology One reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
- Check in on your investment. Congratulations, you own a part of Technology One. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
What's in this guide?
- Technology One key stats
- Compare share trading platforms
- Is Technology One stock a buy or sell?
- Technology One performance over time
- Are Technology One shares over-valued?
- Technology One's financials
- How volatile are Technology One shares?
- Does Technology One pay a dividend?
- Have Technology One shares ever split?
- Other common questions
Technology One stock price (ASX:TNE)Use our graph to track the performance of TNE stocks over time.
Technology One shares at a glance
|52-week range||$7.5673 - $11.89|
|50-day moving average||$10.2206|
|200-day moving average||$9.4601|
|Dividend yield||$0.132 (1.13%)|
|Earnings per share (TTM)||$0.224|
Compare share trading platforms
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
Is it a good time to buy Technology One stock?
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.
Technology One price performance over time
|1 week (2021-09-17)||1.64%|
|1 month (2021-08-25)||21.97%|
|3 months (2021-06-25)||29.63%|
|6 months (2021-03-25)||24.03%|
|1 year (2020-09-25)||49.18%|
|2 years (2019-09-25)||59.05%|
|3 years (2018-09-25)||117.56%|
|5 years (2016-09-23)||100.17%|
Is Technology One under- or over-valued?
Valuing Technology One stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Technology One's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Technology One's P/E ratio
Technology One's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 52x. In other words, Technology One shares trade at around 52x recent earnings.
That's relatively high compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Technology One's EBITDA
Technology One's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $98.9 million (£0.0 million).
The EBITDA is a measure of a Technology One's overall financial performance and is widely used to measure a its profitability.
Technology One financials
|Revenue TTM||$304.6 million|
|Operating margin TTM||31.07%|
|Gross profit TTM||$146.4 million|
|Return on assets TTM||17.62%|
|Return on equity TTM||55.67%|
|Market capitalisation||$3.7 billion|
TTM: trailing 12 months
Technology One share dividends
Dividend payout ratio: 57.52% of net profits
Recently Technology One has paid out, on average, around 57.52% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.14% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Technology One shareholders could enjoy a 1.14% return on their shares, in the form of dividend payments. In Technology One's case, that would currently equate to about A$0.132 per share.
Technology One'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 2 June 2021 (the "ex-dividend date").
Have Technology One's shares ever split?
Technology One's shares were split on a 3:1 basis on 5 November 2000. So if you had owned 1 share the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your Technology One shares – just the quantity. However, indirectly, the new 66.7% lower share price could have impacted the market appetite for Technology One shares which in turn could have impacted Technology One's share price.
Technology One share price volatility
Over the last 12 months, Technology One's shares have ranged in value from as little as $7.5673 up to $11.89. 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 Technology One's is 0.2993. This would suggest that Technology One's shares are less volatile than average (for this exchange).
Technology One overview
Technology One Limited researches, develops, markets, sells, implements, and supports integrated enterprise business software solutions worldwide. The company operates through Software, Consulting, and Corporate segments. It offers various business solutions, including enterprise asset management, human resource and payroll, financials, enterprise budgeting, supply chain, property and rating, student management, business intelligence, enterprise content management, performance planning, spatial, enterprise cash receipting, stakeholder management, and business process management. The company serves local government, education, government, health and community services, asset and project intensive, and financial and corporate organizations. Technology One Limited was founded in 1987 and is based in Fortitude Valley, Australia.
Stocks similar to Technology One
Technology One in the news
Technology One's (ASX:TNE) 17% CAGR outpaced the company's earnings growth over the same five-year period
Frequently asked questions
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