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Thorney Technologies Ltd is an oil & gas refining & marketing business based in Australia. Thorney Technologies shares (TEK) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian Dollars. Thorney Technologies has a trailing 12-month revenue of around $31.8 million. If you're looking to buy shares, check out the steps below.
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| 52-week range | $0.134 - $0.445 |
|---|---|
| 50-day moving average | $0.2319 |
| 200-day moving average | $0.2046 |
| Target price | $1.66 |
| PE ratio | 4.5109 |
| Dividend yield | N/A (0%) |
| Earnings per share (TTM) | $0.092 |
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.
Historical closes compared with the last close of A$0.41
| 1 month (2021-07-02) | -4.65% |
|---|---|
| 3 months (2021-05-04) | 3.80% |
| 5 years (2016-07-31) | inf% |
|---|
Valuing Thorney Technologies stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Thorney Technologies 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Thorney Technologies 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 5x. In other words, Thorney Technologies shares trade at around 5x 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.
| Revenue TTM | $31.8 million |
|---|---|
| Operating margin TTM | 73.89% |
| Gross profit TTM | $1.3 million |
| Return on assets TTM | 11.56% |
| Return on equity TTM | 19.98% |
| Profit margin | 76.68% |
| Book value | 0.421 |
| Market capitalisation | $106.8 million |
TTM: trailing 12 months
We're not expecting Thorney Technologies to pay a dividend over the next 12 months.
Thorney Technologies 's shares were split on a 1:100 basis on 12 December 2016. So if you had owned 100 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Thorney Technologies shares – just the quantity. However, indirectly, the new 9900% higher share price could have impacted the market appetite for Thorney Technologies shares which in turn could have impacted Thorney Technologies 's share price.
Over the last 12 months, Thorney Technologies 's shares have ranged in value from as little as $0.134 up to $0.445. 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 Thorney Technologies 's is 1.0398. This would suggest that Thorney Technologies 's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
Thorney Technologies Ltd invests in technology related companies. The company was formerly known as Australian Renewable Fuels Limited and changed its name to Thorney Technologies Ltd in December 2016. Thorney Technologies Ltd was founded in 2005 and is based in Melbourne, Australia.
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