Overvaluation Will Encounter Regulatory Headwinds And SaaS Resilience

AN

AnalystConsensusTarget

AnalystConsensusTarget

Not Invested

Based on Analyst Price Targets

Published

02 Dec 24

Updated

04 Dec 25

Views

405

n/a

n/a

AnalystConsensusTarget's Fair Value

n/a

1Y

-5.6%

7D

4.2%

Loading

1Y

-5.6%

7D

4.2%

You can edit this narrative until Dec 5 7:05 PM. Then, changes will post as Updates.

Author's Valuation

AU$34.8718.7% undervalued

AnalystConsensusTarget Fair Value

Shared on 04 Dec 25

Fair value Decreased 2.00%

TNE: Index Inclusions And Rising Dividends Will Drive Future Upside

Narrative Update on Technology One The analyst price target for Technology One has been revised slightly lower to approximately A$34.87 from about A$35.58, as analysts factor in a marginally higher discount rate that more than offsets modest upgrades to long term revenue growth and profit margin assumptions, alongside a slightly lower future P/E multiple. What's in the News Technology One declared a special dividend of 10.0 cents per share for the six months ended September 30, 2025, highlighting strong cash generation and balance sheet capacity (company announcement).

Shared on 20 Nov 25

Fair value Decreased 5.15%

TNE: Index Additions And Strong Dividend Outlook Will Drive Future Upside

Analysts have lowered their price target for Technology One from $37.51 to $35.58, citing slightly reduced estimates for revenue growth and profit margins in their updated outlook. What's in the News Declared a special dividend of 10.0 cents per share for the six months ended September 30, 2025 (company statement) Final dividend of 20.0 cents per share declared for the six months ended September 30, 2025.

Shared on 24 Sep 25

Fair value Increased 1.62%

The slight increase in Technology One's future P/E ratio reflects marginally higher market expectations despite consensus revenue growth remaining steady, resulting in a minimal upward revision of the consensus analyst price target from A$36.92 to A$37.51. What's in the News Technology One Limited added to S&P Global 1200.

Shared on 27 Aug 25

Fair value Increased 1.77%

Technology One’s consensus price target saw a marginal increase, supported by broadly unchanged key valuation metrics, with the future P/E and discount rate remaining steady, resulting in a minor fair value revision from A$36.28 to A$36.92. Valuation Changes Summary of Valuation Changes for Technology One The Consensus Analyst Price Target remained effectively unchanged, moving only marginally from A$36.28 to A$36.92.

AnalystConsensusTarget Fair Value

AU$34.87

18.7% undervalued

Future estimation in

Growth p.a.

Growth p.a.

%

Decrease

Increase

Current revenue growth rate

11.61%

Software revenue growth rate

1.21%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

%

0

Decrease

Increase

Current discount rate

8.03%

Calculation

AU$229.77m

Earnings '28

x

61.98x

PE Ratio '28

=

AU$14.24b

Market Cap '28

AU$14.24b

Market Cap '28

/

324.58m

No. shares '28

=

AU$43.87

Share Price '28

AU$43.87 Share Price '28

Discounted to 2025 @ 8.02% p.a.

=

AU$34.81

Fair Value '25