Technology One Future Growth

Future criteria checks 4/6

Technology One is forecast to grow earnings and revenue by 16.1% and 12.4% per annum respectively. EPS is expected to grow by 15.4% per annum. Return on equity is forecast to be 34.1% in 3 years.

Key information

16.1%

Earnings growth rate

15.4%

EPS growth rate

Software earnings growth	28.3%
Revenue growth rate	12.4%
Future return on equity	34.1%
Analyst coverage	Good
Last updated	19 Dec 2024

Recent future growth updates

Earnings Update: Here's Why Analysts Just Lifted Their Technology One Limited (ASX:TNE) Price Target To AU$27.45

Nov 22

Recent updates

Technology One Limited's (ASX:TNE) 27% Share Price Surge Not Quite Adding Up

Nov 23

Earnings Update: Here's Why Analysts Just Lifted Their Technology One Limited (ASX:TNE) Price Target To AU$27.45

Nov 22

Shareholders Are Optimistic That Technology One (ASX:TNE) Will Multiply In Value

Nov 14

Calculating The Fair Value Of Technology One Limited (ASX:TNE)

Oct 31

Should You Be Adding Technology One (ASX:TNE) To Your Watchlist Today?

May 03

Are Technology One Limited (ASX:TNE) Investors Paying Above The Intrinsic Value?

Mar 19

This Is The Reason Why We Think Technology One Limited's (ASX:TNE) CEO Might Be Underpaid

Feb 14

Technology One (ASX:TNE) Knows How To Allocate Capital Effectively

Feb 08

Technology One (ASX:TNE) Ticks All The Boxes When It Comes To Earnings Growth

Jan 08

Earnings and Revenue Growth Forecasts

ASX:TNE - Analysts future estimates and past financials data (AUD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
9/30/2027	762	199	230	334	16
9/30/2026	666	167	189	285	18
9/30/2025	583	140	135	249	18
9/30/2024	507	118	120	213	N/A
6/30/2024	488	114	109	203	N/A
3/31/2024	469	110	98	193	N/A
12/31/2023	449	106	101	193	N/A
9/30/2023	429	103	104	194	N/A
6/30/2023	413	100	90	173	N/A
3/31/2023	397	97	77	152	N/A
12/31/2022	383	93	76	147	N/A
9/30/2022	368	89	75	143	N/A
6/30/2022	354	83	70	134	N/A
3/31/2022	339	78	65	125	N/A
12/31/2021	325	75	63	120	N/A
9/30/2021	311	73	62	115	N/A
6/30/2021	308	72	56	106	N/A
3/31/2021	305	72	50	97	N/A
12/31/2020	301	68	55	100	N/A
9/30/2020	298	63	59	104	N/A
6/30/2020	296	61	56	99	N/A
3/31/2020	294	60	53	94	N/A
12/31/2019	290	59	46	86	N/A
9/30/2019	285	58	39	77	N/A
6/30/2019	271	45	44	73	N/A
3/31/2019	258	31	48	69	N/A
12/31/2018	255	27	47	61	N/A
9/30/2018	253	22	45	52	N/A
6/30/2018	268	33	N/A	43	N/A
3/31/2018	283	45	N/A	34	N/A
12/31/2017	278	45	N/A	40	N/A
9/30/2017	273	44	N/A	46	N/A
6/30/2017	268	43	N/A	48	N/A
3/31/2017	262	42	N/A	50	N/A
12/31/2016	256	42	N/A	47	N/A
9/30/2016	249	41	N/A	44	N/A
6/30/2016	239	38	N/A	40	N/A
3/31/2016	230	34	N/A	37	N/A
12/31/2015	224	35	N/A	37	N/A
9/30/2015	219	36	N/A	38	N/A
6/30/2015	208	33	N/A	34	N/A
3/31/2015	198	30	N/A	31	N/A
12/31/2014	196	30	N/A	33	N/A
9/30/2014	195	31	N/A	35	N/A
6/30/2014	192	30	N/A	29	N/A
3/31/2014	188	28	N/A	24	N/A
12/31/2013	185	28	N/A	28	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: TNE's forecast earnings growth (16.1% per year) is above the savings rate (2.6%).

Earnings vs Market: TNE's earnings (16.1% per year) are forecast to grow faster than the Australian market (12.6% per year).

High Growth Earnings: TNE's earnings are forecast to grow, but not significantly.

Revenue vs Market: TNE's revenue (12.4% per year) is forecast to grow faster than the Australian market (5.9% per year).

High Growth Revenue: TNE's revenue (12.4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: TNE's Return on Equity is forecast to be high in 3 years time (34.1%)

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/30 03:47
End of Day Share Price	2024/12/30 00:00
Earnings	2024/09/30
Annual Earnings	2024/09/30

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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 here.

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 .

Analyst Sources

Technology One Limited is covered by 26 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Russell Wright	APP Securities Pty Ltd.
Josh Kannourakis	Barrenjoey Markets Pty Limited
Chris Savage	Bell Potter

Technology One Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Earnings Update: Here's Why Analysts Just Lifted Their Technology One Limited (ASX:TNE) Price Target To AU$27.45

Price target increased by 8.1% to AU$19.40

Price target increased by 10% to AU$14.66

Price target increased to AU$12.37

Price target increased to AU$11.22

Recent updates

Technology One Limited's (ASX:TNE) 27% Share Price Surge Not Quite Adding Up

CEO, MD & Director exercised options and sold AU$3.2m worth of stock

Earnings Update: Here's Why Analysts Just Lifted Their Technology One Limited (ASX:TNE) Price Target To AU$27.45

Final dividend increased to AU$0.17

Full year 2024 earnings: EPS in line with analyst expectations despite revenue beat

Shareholders Are Optimistic That Technology One (ASX:TNE) Will Multiply In Value

Calculating The Fair Value Of Technology One Limited (ASX:TNE)

Now 22% overvalued after recent price rise

Now 20% overvalued after recent price rise

Price target increased by 8.1% to AU$19.40

TechnologyOne Announces Appointment of Paul Robson as an Independent, Non-Executive Director

First half dividend increased to AU$0.051

First half 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Technology One Limited to Report Fiscal Year 2025 Results on Nov 18, 2025

Should You Be Adding Technology One (ASX:TNE) To Your Watchlist Today?

Now 20% overvalued after recent price rise

Insufficient new directors

Are Technology One Limited (ASX:TNE) Investors Paying Above The Intrinsic Value?

This Is The Reason Why We Think Technology One Limited's (ASX:TNE) CEO Might Be Underpaid

Technology One (ASX:TNE) Knows How To Allocate Capital Effectively

Technology One (ASX:TNE) Ticks All The Boxes When It Comes To Earnings Growth

CEO, MD & Director recently sold AU$3.9m worth of stock

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Technology One Limited Announces Special Dividend for Six Months Ended September 30, 2023, Payable on December 15, 2023

Now 21% undervalued after recent price drop

Technology One Limited Appoints Edward Chung to the Board as Managing Director

Technology Appoints Cale Bennett as CFO

First half 2023 earnings: EPS and revenues exceed analyst expectations

Price target increased by 10% to AU$14.66

Technology One Limited Announces Dividend, Payable on June 16, 2023

Insufficient new directors

Technology One Limited to Report First Half, 2024 Results on May 21, 2024

Independent Non-Executive Director recently sold AU$196k worth of stock

Price target increased to AU$12.37

Technology One Limited Announces Special Dividend for the Six Months Ended September 30, 2022, Payable on December 16, 2022

Technology One Limited, Annual General Meeting, Feb 22, 2023

Key Executive recently bought AU$249k worth of stock

First half 2022 earnings: EPS and revenues exceed analyst expectations

Technology One Limited Announces Interim Dividend for the Sox Moths Ended March 31, 2022, Payable on 17 June 2022

Technology One Limited Announces Change of Chairman

Full year 2021 earnings: EPS and revenues miss analyst expectations

Price target increased to AU$11.22

Investor sentiment improved over the past week

Technology One Limited (ASX:TNE) entered into an agreement to acquire Scientia Resource Management Ltd. for £12 million.

Key Executive recently bought AU$141k worth of stock

Non-Executive Director recently sold AU$35m worth of stock

First half 2021 earnings released: EPS AU$0.088 (vs AU$0.06 in 1H 2020)

Technology One Limited Announces Distribution for the Six Months Ended March 31, 2021, Payable on June 18, 2021

New 90-day high: AU$8.90

Technology One Limited Appoints Pat O'Sullivan as Independent, Non-Executive Director

Independent Non-Executive Director has left the company

Independent Non-Executive Director recently sold AU$95k worth of stock

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

Discover growth companies

Company Analysis and Financial Data Status

Data Sources

Analysis Model and Snowflake

Industry and Sector Metrics

Analyst Sources