TNE Stock Overview

Engages in the development, marketing, sale, implementation, and support of integrated enterprise business software solutions in Australia and internationally. More details

TNE fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	4/6
Past Performance	4/6
Financial Health	6/6
Dividends	0/6

Rewards

Trading at 32.5% below our estimate of its fair value

Earnings are forecast to grow 16.11% per year

Earnings grew by 14.7% over the past year

Risk Analysis

TNE passed our risk checks.

My Notes

Capture your thoughts, links and company narrative

Technology One Limited Competitors

Xero

ASX:XRO

AU$25.4b

WiseTech Global

ASX:WTC

AU$40.2b

Objective

ASX:OCL

AU$1.6b

Iress

ASX:IRE

AU$1.7b

Price History & Performance

Summary of share price highs, lows and changes for Technology One
Historical stock prices
Current Share Price	AU$29.76
52 Week High	AU$32.26
52 Week Low	AU$14.62
Beta	0.44
1 Month Change	1.71%
3 Month Change	24.94%
1 Year Change	97.15%
3 Year Change	132.32%
5 Year Change	239.73%
Change since IPO	1,067.06%

Recent updates

Shareholder Returns

	TNE	AU Software	AU Market
7D	-2.6%	-2.2%	-2.0%
1Y	97.2%	60.8%	7.8%

Return vs Industry: TNE exceeded the Australian Software industry which returned 60.8% over the past year.

Return vs Market: TNE exceeded the Australian Market which returned 7.8% over the past year.

Price Volatility

Is TNE's price volatile compared to industry and market?
TNE volatility
TNE Average Weekly Movement	4.2%
Software Industry Average Movement	9.2%
Market Average Movement	8.0%
10% most volatile stocks in AU Market	16.8%
10% least volatile stocks in AU Market	3.1%

Stable Share Price: TNE has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: TNE's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1983	1,300	Ed Chung	www.technology1.com

Technology One Limited engages in the development, marketing, sale, implementation, and support of integrated enterprise business software solutions in Australia and internationally. The company operates through Software and Consulting segments. It offers various business software solutions, including business analytics, app builder, corporate performance management, DxP local government, DxP Student, DxP Essentials, enterprise asset management, enterprise budgeting, enterprise cash receipting, enterprise content management, financials, human resources and payroll, performance planning, property and rating, spatial, student management, timetabling and scheduling, and supply chain management.

Technology One Limited Fundamentals Summary

How do Technology One's earnings and revenue compare to its market cap?
TNE fundamental statistics
Market cap	AU$9.82b
Earnings (TTM)	AU$118.01m
Revenue (TTM)	AU$506.54m

83.2x

P/E Ratio

19.4x

P/S Ratio

Is TNE overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TNE income statement (TTM)
Revenue	AU$506.54m
Cost of Revenue	AU$205.25m
Gross Profit	AU$301.28m
Other Expenses	AU$183.27m
Earnings	AU$118.01m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

May 20, 2025

Earnings per share (EPS)	0.36
Gross Margin	59.48%
Net Profit Margin	23.30%
Debt/Equity Ratio	0%

How did TNE perform over the long term?

See historical performance and comparison

Dividends

0.7%

Current Dividend Yield

62%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/20 23:54
End of Day Share Price	2024/12/20 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. 17 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

TNE Stock Overview

Rewards

Risk Analysis

Technology One Limited Competitors

ASX:XRO

AU$25.4b

ASX:WTC

AU$40.2b

ASX:OCL

AU$1.6b

ASX:IRE

AU$1.7b

Price History & Performance

Recent News & Updates

Now 22% overvalued after recent price rise

Now 20% overvalued after recent price rise

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

First half dividend increased to AU$0.051

First half 2024 earnings released: EPS: AU$0.15 (vs AU$0.13 in 1H 2023)

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

Recent updates

Now 22% overvalued after recent price rise

Now 20% overvalued after recent price rise

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

First half dividend increased to AU$0.051

First half 2024 earnings released: EPS: AU$0.15 (vs AU$0.13 in 1H 2023)

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

Now 20% overvalued after recent price rise

Insufficient new directors

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

Full year 2023 earnings released: EPS: AU$0.32 (vs AU$0.28 in FY 2022)

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 released: EPS: AU$0.13 (vs AU$0.10 in 1H 2022)

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

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 released: EPS: AU$0.10 (vs AU$0.088 in 1H 2021)

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 in line with expectations, revenues disappoint

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

New 90-day low: AU$8.13

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

Revenue misses expectations

Full year 2020 earnings released: EPS AU$0.20

New 90-day high: AU$9.09

New 90-day high: AU$8.73

Technology One Limited to Report Fiscal Year 2020 Results on Nov 24, 2020

New 90-day low - AU$7.95

New 90-day low - AU$8.13

Shareholder Returns

Price Volatility

About the Company

Technology One Limited Fundamentals Summary

83.2x

19.4x

Earnings & Revenue

Dividends

0.7%

62%

Company Analysis and Financial Data Status

Data Sources

Analysis Model and Snowflake

Industry and Sector Metrics

Analyst Sources