Technology One 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 $429.4 million. If you're looking to buy shares, check out the steps below.
To buy shares listed in Australia such as Technology One, you'll need to sign up to a broker with access to the ASX. Our table can help you compare share trading platforms and choose. Then follow these steps.
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| 52-week range | $14.3524 - $17.22 |
|---|---|
| 50-day moving average | $16.52 |
| 200-day moving average | $15.6998 |
| Target price | $16.59 |
| PE ratio | 49.125 |
| Dividend yield | $0.165 (1.05%) |
| Earnings per share (TTM) | $0.32 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. 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$16.12
| 1 week (2024-04-17) | 2.54% |
|---|---|
| 1 month (2024-03-25) | -5.18% |
| 3 months (2024-01-25) | 2.15% |
| 6 months (2023-10-25) | 5.43% |
| 1 year (2023-04-24) | 5.08% |
|---|---|
| 2 years (2022-04-22) | 49.95% |
| 3 years (2021-04-23) | 63.65% |
| 5 years (2019-04-24) | 92.13% |
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 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 (earnings before interest, taxes, depreciation and amortisation) is $124.9 million (£0.0 million).
The EBITDA is a measure of a Technology One's overall financial performance and is widely used to measure stock profitability.
| Revenue TTM | $429.4 million |
|---|---|
| Operating margin TTM | 33.08% |
| Gross profit TTM | $205.1 million |
| Return on assets TTM | 12.75% |
| Return on equity TTM | 37.75% |
| Profit margin | 23.96% |
| Book value | 0.943 |
| Market capitalisation | $5.1 billion |
TTM: trailing 12 months
Dividend payout ratio: 39.75% of net profits
Recently Technology One has paid out, on average, around 39.75% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.05% 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 1.05% return on their shares, in the form of dividend payments. In Technology One's case, that would currently equate to about A$0.165 per share.
While Technology One's payout ratio might seem fairly standard, it's worth remembering that Technology One may be investing much of the rest of its net profits in future growth.
The latest dividend was paid out to all shareholders who bought their shares by 29 November 2023 (the "ex-dividend date").
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 the split, the next day you would own 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.
Over the last 12 months, Technology One's shares have ranged in value from as little as $14.3524 up to $17.22. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Technology One's is 0.49. This would suggest that Technology One's shares are less volatile than average (for this exchange).
Technology One Limited develops, markets, sells, implements, and supports integrated enterprise business software solutions in Australia and internationally. The company operates through Software and Consulting segments. It offers various business software solutions, including business analytics, corporate performance management, DXP local government, enterprise asset management, enterprise budgeting, enterprise cash receipting, enterprise content management, financials, human resources and payroll, performance planning, property and rating, spatial, strategic asset management, student management, timetabling and scheduling, and supply chain management. The company serves local government, education, government, health and community services, asset and project intensive, and financial services and corporate organizations. Technology One Limited was incorporated in 1983 and is headquartered in Fortitude Valley, Australia.
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