A$19.23
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 $469.2 million. If you're looking to buy shares, check out the steps below.
How to buy shares in Technology One
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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Open and fund your brokerage account. Complete an application with your personal and financial details, including your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
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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.
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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. Look into dollar-cost averaging to spread out your risk, which smooths out buying at consistent intervals and amounts.
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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.
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Check on your investment. Congratulations, you own a part of Technology One. Optimise your portfolio by tracking how your stock and 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 affect your stock.
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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 | $14.3109 - $19.19 |
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50-day moving average | $17.966 |
200-day moving average | $16.3695 |
Target price | $17.96 |
PE ratio | 57.5758 |
Dividend yield | $0.17 (0.89%) |
Earnings per share (TTM) | $0.33 |
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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. 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.
Technology One price performance over time
Historical closes compared with the last close of A$19.31
1 week (2024-07-18) | 3.48% |
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1 month (2024-06-25) | 5.58% |
3 months (2024-04-24) | 19.79% |
6 months (2024-01-25) | 22.37% |
1 year (2023-07-25) | 24.18% |
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2 years (2022-07-25) | 64.90% |
3 years (2021-07-25) | 114.56% |
5 years (2019-07-25) | 137.22% |
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 58x. In other words, Technology One shares trade at around 58x 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 $139 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.
Technology One financials
Revenue TTM | $469.2 million |
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Operating margin TTM | 24.31% |
Gross profit TTM | $205.1 million |
Return on assets TTM | 15.4% |
Return on equity TTM | 38.39% |
Profit margin | 23.36% |
Book value | 0.976 |
Market capitalisation | $6.2 billion |
TTM: trailing 12 months
Technology One share dividends
Dividend payout ratio: 42.15% of net profits
Recently Technology One has paid out, on average, around 42.15% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.89% 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 0.89% return on their shares, in the form of dividend payments. In Technology One's case, that would currently equate to about A$0.17 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 May 2024 (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 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.
Technology One share price volatility
Over the last 12 months, Technology One's shares have ranged in value from as little as $14.3109 up to $19.19. 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 0.415. This would suggest that Technology One's shares are less volatile than average (for this exchange).
Technology One overview
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.
Technology One in the news
Technology One (ASX:TNE) Is Investing Its Capital With Increasing Efficiency
It Looks Like The CEO Of Technology One Limited (ASX:TNE) May Be Underpaid Compared To Peers
Here's Why We Think Technology One (ASX:TNE) Might Deserve Your Attention Today
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