TECHNOLOGY ONE LIMITED (TNE)
Share Price Analysis and Chart

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TNE - TECHNOLOGY ONE LIMITED

FNArena Sector : IT & Support
Year End: September
GICS Industry Group : Software & Services
Debt/EBITDA: 0.19
Index: ASX100 | ASX200 | ASX300 | ALL-ORDS | ALL-TECH

TechnologyOne is involved in the development, sale and support of financial management and enterprise software solutions. Typical customers are universities, local councils, TAFE staff and students, as well as health and financial institutions. Founded in 1987 in Brisbane, it became a listed company in 1999. Has expanded into the UK.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$16.26

29 Apr
2024

0.580

OPEN

$15.98

3.70%

HIGH

$16.28

545,019

LOW

$15.88

TARGET
$16.071 -1.2% downside
Franking for last dividend paid out: 60%
OTHER COMPANIES IN THE SAME SECTOR
APX . DTL . FLN . HSN . IRI . OCL . STG .
FNARENA'S MARKET CONSENSUS FORECASTS
TNE: 1
Title FY22
Actual		 FY23
Actual		 FY24
Forecast		 FY25
Forecast
EPS (cps) xxx N/A 35.2 xxx
DPS (cps) xxx N/A 20.3 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A 45.8 xxx
Dividend Yield xxx N/A 1.3% xxx
Div Pay Ratio(%) xxx N/A 57.5% xxx

Dividend yield today if purchased 3 years ago: 2.06%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 1.21

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 30/11 - ex-div 14.9c (franking 60%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx31.7
DPS All xxxxxxxxxxxxxxx19.5
Sales/Revenue xxxxxxxxxxxxxxx429.4 M
Book Value Per Share xxxxxxxxxxxxxxx94.3
Net Operating Cash Flow xxxxxxxxxxxxxxx193.7 M
Net Profit Margin xxxxxxxxxxxxxxx23.96 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx37.75 %
Return on Invested Capital xxxxxxxxxxxxxxx34.48 %
Return on Assets xxxxxxxxxxxxxxx16.06 %
Return on Equity xxxxxxxxxxxxxxx37.75 %
Return on Total Capital xxxxxxxxxxxxxxx39.08 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx129.3 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx9 M
Long Term Debt xxxxxxxxxxxxxxx24 M
Total Debt xxxxxxxxxxxxxxx33 M
Goodwill - Gross xxxxxxxxxxxxxxx55 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx223 M
Price To Book Value xxxxxxxxxxxxxxx16.45

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx90.1 M
Capex % of Sales xxxxxxxxxxxxxxx20.99 %
Cost of Goods Sold xxxxxxxxxxxxxxx250 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx59 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx-

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.1

No. Of Recommendations

7
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

UBS

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Bell Potter

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Ord Minnett

xx/xx/xxxx

4

xxxxxxx

$xx.xx

xx.xx%

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Shaw and Partners

23/11/2023

3

Hold

$17.30

6.40%

Alongside its full year result, TechnologyOne has pulled forward its $500m annual recurring revenue target to FY25, and reiterated the target to double in size every five years, on top of a strong pipeline for the coming year.

Shaw and Partners points out full year revenue came in 3% ahead of expectations, but this was offset by costs that were 6% ahead of expectations, up 20% year-on-year. 

The Hold rating is retained and the target price increases to $17.30 from $15.70.

FORECAST
Shaw and Partners forecasts a full year FY24 dividend of 20.50 cents and EPS of 33.60 cents.
Shaw and Partners forecasts a full year FY25 dividend of 23.50 cents and EPS of 39.30 cents.

Morgan Stanley

xx/xx/xxxx

3

xxxxx-xxxxxx

$xx.xx

xx.xx%

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Morgans

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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Macquarie

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Access Stockbroker Research History >

TNE STOCK CHART

FNArena News on TNE

1
Rudi’s View: A Market Narrative Delayed

Apr 24 2024 - Rudi's View
2
Rudi’s View: Shaky Sentiment Ahead Of Corporate Updates

Apr 17 2024 - Rudi's View
3
Rudi’s View: Lessons & Observations From ASX All-Weathers

Apr 10 2024 - Rudi's View
4
Rudi’s View: Investor Worries, Gold, Westpac, and Conviction Buys

Apr 03 2024 - Rudi's View
5
Weekly Ratings, Targets, Forecast Changes – 22-03-24

Mar 25 2024 - Weekly Reports

Latest IT & Support News

1
Treasure Chest: TechnologyOne’s Transition

Mar 18 2024 - Treasure Chest
2
Hansen Technologies: Focus On FY26

Feb 26 2024 - Small Caps
3
Data#3 Guilty Of Miscommunication

Feb 19 2024 - Small Caps
4
Dropsuite Trajectory Impresses

Oct 25 2023 - Small Caps
5
Disciplined Hansen Technologies Remains Upbeat

Feb 24 2023 - Small Caps
6
Data#3 Has Growth Locked In For FY23

Aug 23 2022 - Small Caps
7
Treasure Chest: Appen Downgraded

Aug 03 2022 - Treasure Chest
8
Nitro Software Disappoints, Better Times Ahead?

Jul 28 2022 - Small Caps
9
TechnologyOne’s SaaS Transformation ‘Complete’

Jun 08 2022 - Australia
10
The Dark Web: Australia’s Cyber Threat

May 09 2022 - Australia