Transcendence Technologies Limited, through its subsidiary, E-Collate Pty Ltd, develops communication platforms and data systems to link multi-source data and provide information for decision making in Australia.
Flawless balance sheet and overvalued.
Share Price & News
How has Transcendence Technologies's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TTL has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: TTL underperformed the Australian Software industry which returned 47.9% over the past year.
Return vs Market: TTL underperformed the Australian Market which returned 19.4% over the past year.
Price Volatility Vs. Market
How volatile is Transcendence Technologies's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 months ago | Simply Wall StWe're Hopeful That Transcendence Technologies (ASX:TTL) Will Use Its Cash Wisely
6 months ago | Simply Wall StWhat Kind Of Shareholder Owns Most Transcendence Technologies Limited (ASX:TTL) Stock?
9 months ago | Simply Wall StTranscendence Technologies Limited (ASX:TTL): What Does Its Beta Value Mean For Your Portfolio?
Is Transcendence Technologies undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate TTL's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate TTL's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: TTL is unprofitable, so we can't compare its PE Ratio to the Software industry average.
PE vs Market: TTL is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TTL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TTL is good value based on its PB Ratio (1.2x) compared to the AU Software industry average (4.3x).
How is Transcendence Technologies forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Software industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Transcendence Technologies has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine Transcendence Technologies's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Transcendence Technologies competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Software industry.
How has Transcendence Technologies performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TTL is currently unprofitable.
Growing Profit Margin: TTL is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: TTL is unprofitable, but has reduced losses over the past 5 years at a rate of 6.7% per year.
Accelerating Growth: Unable to compare TTL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: TTL is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (22.6%).
Return on Equity
High ROE: TTL has a negative Return on Equity (-51.61%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Transcendence Technologies's financial position?
Financial Position Analysis
Short Term Liabilities: TTL's short term assets (A$1.2M) exceed its short term liabilities (A$77.9K).
Long Term Liabilities: TTL has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: TTL is debt free.
Reducing Debt: TTL has no debt compared to 5 years ago when its debt to equity ratio was 112.1%.
Inventory Level: TTL has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if TTL's debt is covered by short term assets.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: TTL has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: TTL has sufficient cash runway for 2 years if free cash flow continues to reduce at historical rates of -1% each year.
What is Transcendence Technologies's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate TTL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate TTL's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if TTL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TTL's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TTL's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Transcendence Technologies has no CEO, or we have no data on them.
|Non-Executive Director||3.5yrs||AU$66.79k||0.29% A$4.0k|
|Non-Executive Chairman||3.8yrs||AU$92.45k||1.24% A$17.2k|
|Non-Executive Director||0.08yrs||no data||no data|
Experienced Board: TTL's board of directors are considered experienced (3.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: TTL insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Transcendence Technologies Limited's company bio, employee growth, exchange listings and data sources
- Name: Transcendence Technologies Limited
- Ticker: TTL
- Exchange: ASX
- Founded: 2001
- Industry: Application Software
- Sector: Software
- Market Cap: AU$1.390m
- Shares outstanding: 173.72m
- Website: https://www.tt-limited.com
- Transcendence Technologies Limited
- 1 Altona Street
- Suite 2
- West Perth
- Western Australia
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|TTL||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Mar 2003|
|TTL||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Mar 2003|
Transcendence Technologies Limited, through its subsidiary, E-Collate Pty Ltd, develops communication platforms and data systems to link multi-source data and provide information for decision making in Australia. It offers E-Collate app, a cross-platform messaging and financials management tool that enables users to collate and analyze SMS, email, instant messages, and bank data, as well as attachments and documents added into the system. The company also develops products for document aggregation to streamline the administration of individual self-managed superannuation funds. It serves various industry sectors and consumer groups, including consumer, business, and enterprise groups. The company was incorporated in 2001 and is based in West Perth, Australia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2019/12/18 12:41|
|End of Day Share Price||2019/09/20 00:00|
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.