How to buy Technology One shares | TNE historical share price and analysis

How to buy Technology One shares

Own Technology One shares in just a few minutes.

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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 listed in Australian Dollars. Technology One has a trailing 12-month revenue of around $298.3 million.

How to buy shares in Technology One

  1. 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.
  2. 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.
  3. 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.
  4. 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.
  5. 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.
  6. 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.

Technology One share price

Use our graph to track the performance of TNE stocks over time.

Technology One shares at a glance

Information last updated 2021-03-26.
52-week range$7.2164 - $10.1149
50-day moving average $8.7924
200-day moving average $8.4973
Target price$5.81
PE ratio 48.7755
Dividend yield $0.129 (1.36%)
Earnings per share (TTM) $0.196

Compare share trading platforms

The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.
Data updated regularly
Name Product Standard brokerage fee Inactivity fee Markets
Superhero share trading
AUD $5
No
ASX shares, ETFs
Pay zero brokerage on all Australian ETFs.
Trade ASX stocks with a flat $5 commission fee and a low minimum investment of just $100.
Bell Direct Share Trading
AUD $15
No
ASX shares, mFunds, ETFs
Exclusive: New customers who open an account with Bell Direct through Finder will pay no brokerage fees on the first five stock or ETF trades until April 30, 2021 (T&Cs apply).
Bell Direct offers a one-second placement guarantee on market-to-limit ASX orders or your trade is free, plus enjoy extensive free research reports from top financial experts.
IG Share Trading
Finder Award
IG Share Trading
AUD $8 or 0.1%
$50 per quarter if you make fewer than three trades in that period
ASX shares, Global shares
$0 brokerage for US and global shares plus get an active trader discount of $5 commission on Australian shares.
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, plus get access to 24-hour customer support.
CMC Markets Stockbroking
AUD $11 or 0.1%
No
ASX shares, Global shares, mFunds, ETFs
$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 9,000 products, including shares, ETFs and managed funds, plus access up to 15 major global and Australian stock exchanges.
ANZ Share Investing
AUD 19.95
No
ASX shares, Global shares, Options trading, mFunds, ETFs, Warrants
Earn 1 Qantas Point per AU$3 spent on brokerage fees on certain instruments.
Access Morningstar reports, company announcements and and live pricing via ANZ’s share investing platform. Available for desktop and mobile.
Westpac Online Investing Account
AUD 19.95 or 0.11%
USD 63.50 per year on the global markets account
ASX shares, Global shares, Options trading, ETFs
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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.

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 49x. In other words, Technology One shares trade at around 49x 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 $87.5 million (£48 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 $298.3 million
Operating margin TTM 27.9%
Gross profit TTM $146.4 million
Return on assets TTM 14.98%
Return on equity TTM 50.55%
Profit margin 21.1%
Book value 0.445
Market capitalisation $3.1 billion

TTM: trailing 12 months

Technology One share dividends

64%

Dividend payout ratio: 64.4% of net profits

Recently Technology One has paid out, on average, around 64.4% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.36% 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 1.36% return on their shares, in the form of dividend payments. In Technology One's case, that would currently equate to about A$0.129 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 December 2020 (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 $7.2164 up to $10.1149. 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 0.3261. 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.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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