TECHNOLOGY ONE LIMITED (TNE)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

TNE - TECHNOLOGY ONE LIMITED

FNArena Sector : IT & Support
Year End: September
GICS Industry Group : Software & Services
Index: 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

$12.12

18 Aug
2022

-0.130

OPEN

$12.14

-1.06%

HIGH

$12.18

585,520

LOW

$12.05

TARGET
$11.265 -7.1% downside
Franking for last dividend paid out: 60%
OTHER COMPANIES IN THE SAME SECTOR
DTL . PSZ . UXC . OCL . APX . FLN . DWS . HSN . WCG . CGL . TNT . STG . IRI . NTO .
FNARENA'S MARKET CONSENSUS FORECASTS
TNE: 1
Title FY20
Actual
FY21
Actual
FY22
Forecast
FY23
Forecast
EPS (cps) xxx 22.6 26.5 xxx
DPS (cps) xxx 13.9 16.1 xxx
EPS Growth xxx 14.6% 17.0% xxx
DPS Growth xxx 8.0% 15.7% xxx
PE Ratio xxx N/A 45.8 xxx
Dividend Yield xxx N/A 1.3% xxx
Div Pay Ratio(%) xxx 61.4% 60.8% xxx

Dividend yield today if purchased 3 years ago: 1.87%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

1.14

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: 02/06 - ex-div 4.2c (franking 60%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2022 FactSet UK Limited. All rights reserved
Title 201620172018201920202021
EPS Basic xxxxxxxxxxxxxxx22.6
DPS All xxxxxxxxxxxxxxx13.9
Sales/Revenue xxxxxxxxxxxxxxx311.3 M
Book Value Per Share xxxxxxxxxxxxxxx59.2
Net Operating Cash Flow xxxxxxxxxxxxxxx115.0 M
Net Profit Margin xxxxxxxxxxxxxxx23.35 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201620172018201920202021
Return on Capital Employed xxxxxxxxxxxxxxx43.74 %
Return on Invested Capital xxxxxxxxxxxxxxx37.60 %
Return on Assets xxxxxxxxxxxxxxx16.25 %
Return on Equity xxxxxxxxxxxxxxx43.74 %
Return on Total Capital xxxxxxxxxxxxxxx50.28 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx70.8 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

This is work in progress. Bear with us. It'll be amazing.

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.5

No. Of Recommendations

2
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Morgans

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Macquarie

25/05/2022

3

Neutral

$11.00

-9.24%

A solid top-line result from TechnologyOne in the first half according to Macquarie, with total revenue up 19% on the previous comparable period and the result underpinned by the company's ongoing software as a service transition.

The company guided to full year software as a service annual recurring revenue year-on-year growth of 40%, which Macquarie notes implies ending annual recurring revenue of $269m, offering upside risk to the broker's FY23 forecasts if achieved. 

A target of more than $500m in annual recurring revenue by FY26 is retained, and Macquarie notes a 13% compound annual growth rate will be required to meet the target.

The Neutral rating and target price of $11.00 are retained.

FORECAST
Macquarie forecasts a full year FY22 dividend of 17.20 cents and EPS of 27.00 cents.
Macquarie forecasts a full year FY23 dividend of 20.00 cents and EPS of 29.90 cents.

TNE STOCK CHART