Technology One Limited

ASX:TNE Stock Report

Market Cap: AU$9.3b

Technology One Dividends and Buybacks

Dividend criteria checks 0/6

Technology One is a dividend paying company with a current yield of 0.93%.

Key information

0.9%

Dividend yield

0.2%

Buyback Yield

Total Shareholder Yield1.1%
Future Dividend Yield1.7%
Dividend Growth12.8%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ratio63%

Recent dividend and buyback updates

Recent updates

Narrative Update Apr 29

TNE: Index Removals Will Create Future Margin Upside Opportunity

Analysts have reduced their price target on Technology One by A$2.20 to A$36.50, citing updated assumptions that include slightly higher revenue growth, a modestly stronger profit margin, a marginally lower discount rate and a reduced future P/E multiple. What's in the News Technology One Limited (ASX:TNE) was removed from the S&P International 700 index, which can affect how some index and benchmark focused investors gain exposure to the stock (Key Developments).
Narrative Update Apr 15

TNE: Index Removals Will Create Future Opportunity From Modestly Lowered Expectations

Analysts have trimmed their price target for Technology One by A$0.76 to reflect updated assumptions around fair value, discount rate, revenue growth, profit margins and future P/E multiples. What's in the News Technology One Limited (ASX:TNE) removed as a constituent of the S&P International 700 Index (Index Constituent Drops).
Narrative Update Mar 31

TNE: Index Removals Will Present Long Term Margin Upside Opportunity

Analysts have trimmed their price target on Technology One from A$40.32 to A$38.70. This reflects slightly different assumptions around discount rates, revenue growth, profit margins and future P/E multiples, while maintaining a broadly similar view on the company.
Narrative Update Mar 17

TNE: Higher Margin Outlook Will Support Future Upside Potential

Analysts have reduced their price target for Technology One from A$44.55 to A$40.32, citing updated assumptions for discount rate, revenue growth, profit margins and future P/E that result in a slight adjustment to the valuation outlook. Valuation Changes Fair Value: Adjusted from A$44.55 to A$40.32, indicating a modest reduction in the assessed value per share.
Narrative Update Mar 03

TNE: Higher Growth Assumptions And Margins Will Support Future Upside

Analysts have trimmed their price target on Technology One to A$32.23 from A$34.87. This reflects updated assumptions around a slightly higher discount rate, modestly stronger revenue growth at 14.47%, a marginally higher profit margin of 25.71%, and a lower future P/E of 57.47x.
Narrative Update Feb 17

TNE: Elevated P/E And Refined Assumptions Will Shape Balanced Future Returns

Analysts have trimmed their price target for Technology One slightly to A$22.99 from A$23.44. This reflects updated fair value assumptions that factor in revised discount rate, revenue growth, profit margin and future P/E inputs.
Analysis Article Feb 11

Why We Think Shareholders May Be Considering Bumping Up Technology One Limited's (ASX:TNE) CEO Compensation

Key Insights Technology One's Annual General Meeting to take place on 18th of February Total pay for CEO Ed Chung...
Narrative Update Feb 03

TNE: Elevated P/E And M&A Plans Will Shape Balanced Future Returns

Analysts have trimmed their price target for Technology One to A$23.44 from A$23.74, citing updated assumptions around discount rates, revenue growth, profit margins and future P/E multiples. What's in the News Technology One is actively seeking acquisitions that add new intellectual property to its portfolio, with management highlighting interest in targets that fit its existing verticals and regions (Full Year Results announcement).
Narrative Update Jan 20

TNE: Elevated P/E And Acquisition Plans Will Restrain Future Returns

Analysts now see Technology One's fair value at A$23.74, up from A$22.71, reflecting updated assumptions for revenue growth, profit margins, and a higher future P/E multiple, despite a slightly higher discount rate. What's in the News Technology One declared a special dividend of A$0.10 per share for the six months ended 30 September 2025 (Key Developments).
Narrative Update Jan 06

TNE: Special Dividend And Disciplined M&A Will Support Future Upside

Analysts have nudged their price target for Technology One slightly higher to A$44.55, reflecting small adjustments to assumptions around the discount rate, revenue growth, profit margins and future P/E multiples. What's in the News Technology One is actively looking for acquisitions that add new IP to its portfolio, with management highlighting interest in targets that fit the verticals and regions it already serves (Full Year Results announcement).
Analysis Article Jan 03

Technology One's (ASX:TNE) Returns On Capital Not Reflecting Well On The Business

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Narrative Update Dec 18

TNE: Index Inclusions And Special Dividend Will Support Future Upside

Analysts have slightly reduced their price target on Technology One from A$45.70 to A$44.55, citing a modestly higher discount rate and lower margin assumptions that more than offset stronger expected revenue growth. What's in the News Technology One is actively seeking disciplined acquisitions to add new intellectual property and support inorganic growth, leveraging its strong cash flow and AI enabled platform (company results commentary) The company announced a special dividend of 10.0 cents per share for the six months ended September 30, 2025 (company announcement) The final dividend was increased to 20.0 cents per share for the six months ended September 30, 2025, up 15% on the prior comparable period (company announcement) Technology One was added to the S&P/ASX 50 Index, reflecting its growing scale and market significance (index provider) The company was also included in the S&P International 700 and S&P Global 1200 indices, broadening its exposure to global investors (index provider) Valuation Changes Fair Value: reduced slightly from A$45.70 to A$44.55 per share, reflecting a modestly lower valuation despite stronger growth assumptions.
Narrative Update Dec 04

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).
Narrative Update Nov 20

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.
Analysis Article Nov 19

Technology One Limited (ASX:TNE) May Have Run Too Fast Too Soon With Recent 26% Price Plummet

The Technology One Limited ( ASX:TNE ) share price has fared very poorly over the last month, falling by a substantial...
Analysis Article Oct 18

Here's Why We Think Technology One (ASX:TNE) Might Deserve Your Attention Today

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Narrative Update Sep 24

Overvaluation Will Encounter Regulatory Headwinds And SaaS Resilience

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.
Narrative Update Aug 27

Overvaluation Will Encounter Regulatory Headwinds And SaaS Resilience

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.
Analysis Article May 26

Technology One (ASX:TNE) Is Posting Promising Earnings But The Good News Doesn’t Stop There

Investors signalled that they were pleased with Technology One Limited's ( ASX:TNE ) most recent earnings report...
Analysis Article May 20

Technology One Limited's (ASX:TNE) 31% Price Boost Is Out Of Tune With Revenues

Technology One Limited ( ASX:TNE ) shares have had a really impressive month, gaining 31% after a shaky period...
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New Narrative Dec 02

Shift To SaaS+ And Heavy R&D Investment May Limit Short-Term Profits But Fuel Future Growth

Integration of CourseLoop into their ERP suite aims to enhance market presence and boost revenue in the education sector.

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: TNE is not paying a notable dividend for the Australian market, therefore no need to check if payments are stable.

Growing Dividend: TNE is not paying a notable dividend for the Australian market, therefore no need to check if payments are increasing.


Dividend Yield vs Market

Technology One Dividend Yield vs Market
How does TNE dividend yield compare to the market?
SegmentDividend Yield
Company (TNE)0.9%
Market Bottom 25% (AU)2.8%
Market Top 25% (AU)6.8%
Industry Average (Software)1.3%
Analyst forecast (TNE) (up to 3 years)1.7%

Notable Dividend: TNE's dividend (0.93%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.84%).

High Dividend: TNE's dividend (0.93%) is low compared to the top 25% of dividend payers in the Australian market (6.75%).


Earnings Payout to Shareholders

Earnings Coverage: TNE is not paying a notable dividend for the Australian market.


Cash Payout to Shareholders

Cash Flow Coverage: TNE is not paying a notable dividend for the Australian market.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/18 09:09
End of Day Share Price 2026/05/18 00:00
Earnings2025/09/30
Annual Earnings2025/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Technology One Limited is covered by 26 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Josh KannourakisBarrenjoey Markets Pty Limited
Chris SavageBell Potter
Ware KuoBofA Global Research