TIER 1 Technology, S.A. develops and implements software solutions.
Price History & Performance
|Historical stock prices|
|Current Share Price||€22.80|
|52 Week High||€14.30|
|52 Week Low||€23.40|
|1 Month Change||3.64%|
|3 Month Change||29.55%|
|1 Year Change||55.10%|
|3 Year Change||26.67%|
|5 Year Change||n/a|
|Change since IPO||20.64%|
Recent News & Updates
|TR1||ES Software||ES Market|
Return vs Industry: TR1 exceeded the Spanish Software industry which returned 12.8% over the past year.
Return vs Market: TR1 exceeded the Spanish Market which returned 26.5% over the past year.
Stable Share Price: TR1 is not significantly more volatile than the rest of Spanish stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: TR1's weekly volatility (5%) has been stable over the past year.
About the Company
TIER 1 Technology, S.A. develops and implements software solutions. The company offers ERP attractor software for business management; Engage software for the management and coordination of suppliers; comerzzia, a commerce software for retail management; Lustrum asset management software; and SecurInvoice, a software for creation and management of electronic invoice. It also provides infrastructure services, such as datacenter, cloud computing, monitoring, communications, security, mobility, technological consulting, data center construction, supply and asset management, queue management, and audiovisual services; ICT support, maintenance, and outsourcing services; and consulting and business process outsourcing services.
TIER 1 Technology Fundamentals Summary
|TR1 fundamental statistics|
Is TR1 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|TR1 income statement (TTM)|
|Cost of Revenue||€10.26m|
Last Reported Earnings
Dec 31, 2020
Next Earnings Date
|Earnings per share (EPS)||0.87|
|Net Profit Margin||6.60%|
How did TR1 perform over the long term?See historical performance and comparison
Is TIER 1 Technology undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TR1 (€22.8) is trading below our estimate of fair value (€71.23)
Significantly Below Fair Value: TR1 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TR1 is good value based on its PE Ratio (26.2x) compared to the European Software industry average (49.2x).
PE vs Market: TR1 is poor value based on its PE Ratio (26.2x) compared to the Spanish market (22.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TR1's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TR1 is overvalued based on its PB Ratio (6.2x) compared to the XE Software industry average (4.6x).
How is TIER 1 Technology forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if TR1's forecast earnings growth is above the savings rate (1%).
Earnings vs Market: Insufficient data to determine if TR1's earnings are forecast to grow faster than the Spanish market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: TR1's revenue (21.3% per year) is forecast to grow faster than the Spanish market (6.2% per year).
High Growth Revenue: TR1's revenue (21.3% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TR1's Return on Equity is forecast to be high in 3 years time (39.4%)
How has TIER 1 Technology performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TR1 has high quality earnings.
Growing Profit Margin: TR1's current net profit margins (6.6%) are higher than last year (6.4%).
Past Earnings Growth Analysis
Earnings Trend: TR1's earnings have declined by 2.8% per year over the past 5 years.
Accelerating Growth: TR1's earnings growth over the past year (32.3%) exceeds its 5-year average (-2.8% per year).
Earnings vs Industry: TR1 earnings growth over the past year (32.3%) exceeded the Software industry 26.5%.
Return on Equity
High ROE: TR1's Return on Equity (24.3%) is considered high.
How is TIER 1 Technology's financial position?
Financial Position Analysis
Short Term Liabilities: TR1's short term assets (€6.9M) exceed its short term liabilities (€3.1M).
Long Term Liabilities: TR1's short term assets (€6.9M) exceed its long term liabilities (€1.1M).
Debt to Equity History and Analysis
Debt Level: TR1's debt to equity ratio (29.1%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if TR1's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: TR1's debt is well covered by operating cash flow (153.3%).
Interest Coverage: TR1's interest payments on its debt are well covered by EBIT (245.1x coverage).
What is TIER 1 Technology current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TR1's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TR1's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if TR1's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TR1's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: TR1 is not paying a notable dividend for the Spanish market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TR1's dividend in 3 years as they are not forecast to pay a notable one for the Spanish market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
TIER 1 Technology has no CEO, or we have no data on them.
Experienced Board: TR1'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: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
TIER 1 Technology, S.A.'s employee growth, exchange listings and data sources
- Name: TIER 1 Technology, S.A.
- Ticker: TR1
- Exchange: BME
- Founded: 2002
- Industry: Application Software
- Sector: Software
- Market Cap: €22.265m
- Shares outstanding: 976.52k
- Website: https://www.tier1.es
Number of Employees
- TIER 1 Technology, S.A.
- Vega Building 7
- C / Boabdil 6
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/23 21:41|
|End of Day Share Price||2021/09/23 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.