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Transcendence Technologies

ASX:TTL
Snowflake Description

Flawless balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
TTL
ASX
A$2M
Market Cap
  1. Home
  2. AU
  3. Software
Company description

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. The last earnings update was 56 days ago. More info.


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  • Transcendence Technologies has significant price volatility in the past 3 months.
TTL Share Price and Events
7 Day Returns
-7.1%
ASX:TTL
1.9%
AU Software
1.7%
AU Market
1 Year Returns
-55.2%
ASX:TTL
37.9%
AU Software
5.9%
AU Market
TTL Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Transcendence Technologies (TTL) -7.1% -7.1% -7.1% -55.2% - -
AU Software 1.9% 5.7% 19.3% 37.9% 89.7% 112.3%
AU Market 1.7% 4% 8.6% 5.9% 21.4% 7.4%
1 Year Return vs Industry and Market
  • TTL underperformed the Software industry which returned 37.9% over the past year.
  • TTL underperformed the Market in Australia which returned 5.9% over the past year.
Price Volatility
TTL
Industry
5yr Volatility vs Market

TTL Value

 Is Transcendence Technologies undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Transcendence Technologies. This is due to cash flow or dividend data being unavailable. The share price is A$0.013.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Transcendence Technologies's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Transcendence Technologies's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:TTL PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$-0.01
ASX:TTL Share Price ** ASX (2019-04-23) in AUD A$0.01
Australia Software Industry PE Ratio Median Figure of 19 Publicly-Listed Software Companies 36.99x
Australia Market PE Ratio Median Figure of 543 Publicly-Listed Companies 16.28x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Transcendence Technologies.

ASX:TTL PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:TTL Share Price ÷ EPS (both in AUD)

= 0.01 ÷ -0.01

-2.38x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Transcendence Technologies is loss making, we can't compare its value to the AU Software industry average.
  • Transcendence Technologies is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does Transcendence Technologies's expected growth come at a high price?
Raw Data
ASX:TTL PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -2.38x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Australia Software Industry PEG Ratio Median Figure of 13 Publicly-Listed Software Companies 2.75x
Australia Market PEG Ratio Median Figure of 359 Publicly-Listed Companies 1.36x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Transcendence Technologies, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Transcendence Technologies's assets?
Raw Data
ASX:TTL PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$0.01
ASX:TTL Share Price * ASX (2019-04-23) in AUD A$0.01
Australia Software Industry PB Ratio Median Figure of 100 Publicly-Listed Software Companies 3.67x
Australia Market PB Ratio Median Figure of 1,676 Publicly-Listed Companies 1.66x
ASX:TTL PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:TTL Share Price ÷ Book Value per Share (both in AUD)

= 0.01 ÷ 0.01

1.46x

* Primary Listing of Transcendence Technologies.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Transcendence Technologies is good value based on assets compared to the AU Software industry average.
X
Value checks
We assess Transcendence Technologies's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Software industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Software industry average (and greater than 0)? (1 check)
  5. Transcendence Technologies has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

TTL Future Performance

 How is Transcendence Technologies expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
33.7%
Expected Software industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Transcendence Technologies expected to grow at an attractive rate?
  • Unable to compare Transcendence Technologies's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Transcendence Technologies's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare Transcendence Technologies's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:TTL Future Growth Rates Data Sources
Data Point Source Value (per year)
Australia Software Industry Earnings Growth Rate Market Cap Weighted Average 33.7%
Australia Software Industry Revenue Growth Rate Market Cap Weighted Average 17.9%
Australia Market Earnings Growth Rate Market Cap Weighted Average 6.8%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ASX:TTL Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:TTL Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 -1 -1
2018-09-30 -1 -1
2018-06-30 -1 -1
2018-03-31 -1 -1
2017-12-31 -1 -1
2017-09-30 -1 -1
2017-06-30 -1 -1
2017-03-31 -1 -1
2016-12-31 -1 -1
2016-09-30 0 -1
2016-06-30 0 -1
2016-03-31 0 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Transcendence Technologies is high growth as no earnings estimate data is available.
  • Unable to determine if Transcendence Technologies is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ASX:TTL Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Transcendence Technologies Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:TTL Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 -0.01
2018-09-30 -0.01
2018-06-30 0.00
2018-03-31 0.00
2017-12-31 0.00
2017-09-30 0.00
2017-06-30 0.00
2017-03-31 -0.01
2016-12-31 -0.01
2016-09-30 -0.01
2016-06-30 -0.01
2016-03-31 -0.01

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Transcendence Technologies will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. 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.
  2. Transcendence Technologies's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Software companies here
  3. Transcendence Technologies's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Transcendence Technologies's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Transcendence Technologies has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

TTL Past Performance

  How has Transcendence Technologies performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Transcendence Technologies's growth in the last year to its industry (Software).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Transcendence Technologies does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Transcendence Technologies's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Transcendence Technologies's 1-year growth to the AU Software industry average as it is not currently profitable.
Earnings and Revenue History
Transcendence Technologies's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Transcendence Technologies Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:TTL Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 -0.94 0.36 0.00
2018-09-30 -0.89 0.33 0.01
2018-06-30 -0.84 0.30 0.03
2018-03-31 -0.75 0.30 0.04
2017-12-31 -0.65 0.29 0.04
2017-09-30 -0.65 0.29 0.03
2017-06-30 -0.65 0.30 0.02
2017-03-31 -0.90 0.30 0.02
2016-12-31 -1.15 0.30 0.01
2016-09-30 -1.07 0.30 0.01
2016-06-30 -1.00 0.31
2016-03-31 -0.59 0.22
2015-12-31 -0.18 0.14
2015-09-30 -0.90 0.20
2015-06-30 -1.62 0.26
2015-03-31 -1.64 0.29
2014-12-31 -1.66 0.31
2014-09-30 -0.89 0.19
2014-06-30 -0.11 0.07
2014-03-31 -0.11 0.06
2013-12-31 -0.10 0.06
2013-09-30 -0.47 0.11
2013-06-30 -0.84 0.16
2013-03-31 -0.88 0.20
2012-12-31 -0.92 0.24
2012-09-30 -0.58 0.23
2012-06-30 -0.25 0.22

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Transcendence Technologies has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Transcendence Technologies has efficiently used its assets last year compared to the AU Software industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Transcendence Technologies improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Transcendence Technologies's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Software industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Transcendence Technologies has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

TTL Health

 How is Transcendence Technologies's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Transcendence Technologies's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Transcendence Technologies is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Transcendence Technologies has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Transcendence Technologies's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Transcendence Technologies has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Transcendence Technologies Company Filings, last reported 3 months ago.

ASX:TTL Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 1.55 0.00 1.41
2018-09-30 1.55 0.00 1.41
2018-06-30 1.58 0.00 1.65
2018-03-31 1.58 0.00 1.65
2017-12-31 2.13 0.00 2.00
2017-09-30 2.13 0.00 2.00
2017-06-30 2.43 0.00 2.52
2017-03-31 2.43 0.00 2.52
2016-12-31 2.75 0.00 2.83
2016-09-30 2.75 0.00 2.83
2016-06-30 2.95 0.00 3.48
2016-03-31 2.95 0.00 3.48
2015-12-31 -0.35 0.29 3.71
2015-09-30 -0.35 0.29 3.71
2015-06-30 -0.48 0.28 0.06
2015-03-31 -0.48 0.28 0.06
2014-12-31 -0.45 0.29 0.02
2014-09-30 -0.45 0.29 0.02
2014-06-30 0.27 0.29 0.14
2014-03-31 0.27 0.29 0.14
2013-12-31 -0.52 0.30 0.00
2013-09-30 -0.52 0.30 0.00
2013-06-30 -0.48 0.29 0.00
2013-03-31 -0.48 0.29 0.00
2012-12-31 -0.50 0.31 0.00
2012-09-30 -0.50 0.31 0.00
2012-06-30 -0.18 0.16 0.07
  • Transcendence Technologies has no debt.
  • Transcendence Technologies currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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.

  • Transcendence Technologies has sufficient cash runway for 2.4 years based on current free cash flow.
  • Transcendence Technologies has sufficient cash runway for 2.1 years if free cash flow continues to grow at historical rates of 19.7% each year.
X
Financial health checks
We assess Transcendence Technologies's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Transcendence Technologies has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

TTL Dividends

 What is Transcendence Technologies's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Transcendence Technologies dividends.
If you bought A$2,000 of Transcendence Technologies shares you are expected to receive A$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Transcendence Technologies's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Transcendence Technologies's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ASX:TTL Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Australia Software Industry Average Dividend Yield Market Cap Weighted Average of 13 Stocks 1.3%
Australia Market Average Dividend Yield Market Cap Weighted Average of 417 Stocks 4.2%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.5%
Australia Bottom 25% Dividend Yield 25th Percentile 2.5%
Australia Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Transcendence Technologies has not reported any payouts.
  • Unable to verify if Transcendence Technologies's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Transcendence Technologies's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Transcendence Technologies has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Transcendence Technologies's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.5%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Transcendence Technologies afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Transcendence Technologies has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

TTL Management

 What is the CEO of Transcendence Technologies's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
  • Transcendence Technologies has no CEO, or we have no data on them.
Management Team

Quinn Cai

TITLE
Chief Technology Officer

Sarah Smith

TITLE
Company Secretary
TENURE
3.1 yrs
Board of Directors Tenure

Average tenure and age of the Transcendence Technologies board of directors in years:

2.8
Average Tenure
43
Average Age
  • The average tenure for the Transcendence Technologies board of directors is less than 3 years, this suggests a new board.
Board of Directors

Peter Wall

TITLE
Non-Executive Chairman
COMPENSATION
A$42K
AGE
41
TENURE
3.1 yrs

Jeremy King

TITLE
Non-Executive Director
COMPENSATION
A$36K
AGE
43
TENURE
2.8 yrs

Pat Burke

TITLE
Non-Executive Director
AGE
49
TENURE
0.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
X
Management checks
We assess Transcendence Technologies's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Transcendence Technologies has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

TTL News

Simply Wall St News

What Kind Of Investor Owns Most Of Transcendence Technologies Limited (ASX:TTL)?

Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. … Transcendence Technologies is a smaller company with a market capitalization of AU$2.1m, so it may still be flying under the radar of many institutional investors. … View our latest analysis for Transcendence Technologies

Simply Wall St -

Is Transcendence Technologies Limited (ASX:TTL) A Volatile Stock?

Every stock in the market is exposed to this volatility, which is linked to the fact that stocks prices are correlated in an efficient market. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … Any stock with a beta of greater than one is considered more volatile than the market, while those with a beta below one are either less volatile or poorly correlated with the market.

Simply Wall St -

What Kind Of Shareholders Own Transcendence Technologies Limited (ASX:TTL)?

A look at the shareholders of Transcendence Technologies Limited (ASX:TTL) can tell us which group is most powerful. … With a market capitalization of AU$5m, Transcendence Technologies is a small cap stock, so it might not be well known by many institutional investors. … View our latest analysis for Transcendence Technologies

Simply Wall St -

Transcendence Technologies Limited (ASX:TTL): Risks You Need To Consider Before Buying

If you are a shareholder in Transcendence Technologies Limited’s (ASX:TTL), or are thinking about investing in the company, knowing how it contributes to the risk and reward profile of your portfolio is important. … Generally, an investor should consider two types of risk that impact the market value of TTL. … The second risk is market-wide, which arises from investing in the stock market.

Simply Wall St -

Dilution Ahead For Transcendence Technologies Limited (ASX:TTL) Shareholders?

See our latest analysis for Transcendence Technologies What is cash burn? … ASX:TTL Income Statement Jun 7th 18 When will Transcendence Technologies need to raise more cash? … But according to my analysis, given the current level of cash reserves, Transcendence Technologies can continue to spend at the current rate and should not need to raise further capital for a few years.

Simply Wall St -

How Should You Think About Transcendence Technologies Limited's (ASX:TTL) Risks?

With a beta of 2.75, Transcendence Technologies is a stock that tends to experience more gains than the market during a growth phase and also a bigger reduction in value compared to the market during a broad downturn. … With a market cap of AU$4.86M, TTL falls within the small-cap spectrum of stocks, which are found to experience higher relative risk compared to larger companies. … However, this is the opposite to what TTL’s actual beta value suggests, which is higher stock volatility relative to the market.

Simply Wall St -

Why Transcendence Technologies Limited's (ASX:TTL) Investor Composition Impacts Your Returns

View our latest analysis for Transcendence Technologies ASX:TTL Ownership_summary Apr 10th 18 Institutional Ownership Institutional investors are one of the largest group of market participants and their buy-sell decisions on a company's stock can significantly impact prices, more so, when there are relatively small amounts of shares available on the market to trade. … Insider Ownership I find insiders are another important group of stakeholders, who are directly involved in making key decisions related to the use of capital. … Thus, investors should dig deeper into TTL's business relations with these companies and how it can affect shareholder returns in the long-term.Next Steps: With a low level of institutional ownership, investors in TTL need not worry about non-fundamental factors such as ownership structure causing large impact on stock prices.

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How Much Money Does Transcendence Technologies Limited (ASX:TTL) Have Left?

Looking at Transcendence Technologies’s latest financial data, I will gauge when the company may run out of cash and need to raise more money. … Currently, Transcendence Technologies has AU$2.52M in cash holdings and producing negative cash flows from its day-to-day activities of -AU$847.46K. … However, given the current levels of cash holdings, it seems that Transcendence Technologies will not need to come to market any time soon.

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How Much Did Transcendence Technologies Limited's (ASX:TTL) CEO Pocket Last Year?

Therefore I will use earnings as a proxy of Plug's performance in the past year. … Typically I would look at market cap and earnings as a proxy for performance, however, TTL's negative earnings reduces the usefulness of my formula. … Regardless of whether Plug's pay is above or below peers, the more important factors to look at is TTL's track record of performance and future outlook moving forward.

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How Should You Think About Transcendence Technologies Limited's (ASX:TTL) Risks?

If you are looking to invest in Transcendence Technologies Limited’s (ASX:TTL), or currently own the stock, then you need to understand its beta in order to understand how it can affect the risk of your portfolio. … TTL’s beta indicates it is a stock that investors may find valuable if they want to reduce the overall market risk exposure of their stock portfolio. … I test TTL’s ratio of fixed assets to total assets in order to determine how high the risk is associated with this type of constraint.

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TTL Company Info

Description

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’s E-Collate self-managed superannuation funds app facilitates users to automatically generate reports for compliance management and designate items for sharing with third parties, such as accountants, auditors, financial advisors, and legal representatives. 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.

Details
Name: Transcendence Technologies Limited
TTL
Exchange: ASX
Founded: 2001
A$2,258,368
173,720,669
Website: http://www.tt-limited.com
Address: Transcendence Technologies Limited
11 Ventnor Aveneue,
Level 1,
West Perth,
Western Australia, 6005,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX TTL Ordinary Shares Australian Securities Exchange AU AUD 21. Mar 2003
CHIA TTL Ordinary Shares Chi-X Australia AU AUD 21. Mar 2003
Number of employees
Current staff
Staff numbers
0
Transcendence Technologies employees.
Industry
Application Software
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/25 10:31
End of day share price update: 2019/04/23 00:00
Last earnings filing: 2019/02/28
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.