Tyler Technologies
Market Cap
US$16.3b
Last Updated
2021/05/09 22:37 UTC
Data Sources
Company Financials +
Executive Summary
Tyler Technologies, Inc. provides integrated information management solutions and services for the public sector in the United States and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet with acceptable track record.
Similar Companies
Share Price & News
How has Tyler Technologies's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TYL is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: TYL's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
-5.9%
TYL
-2.7%
US Software
0.2%
US Market
1 Year Return
21.1%
TYL
39.3%
US Software
49.9%
US Market
Return vs Industry: TYL underperformed the US Software industry which returned 39.3% over the past year.
Return vs Market: TYL underperformed the US Market which returned 49.9% over the past year.
Shareholder returns
| TYL | Industry | Market | |
|---|---|---|---|
| 7 Day | -5.9% | -2.7% | 0.2% |
| 30 Day | -9.7% | -3.4% | 1.5% |
| 90 Day | -6.4% | -4.8% | 3.3% |
| 1 Year | 21.1%21.1% | 40.2%39.3% | 52.4%49.9% |
| 3 Year | 73.1%73.1% | 126.6%119.8% | 63.7%53.4% |
| 5 Year | 167.8%167.8% | 304.1%282.2% | 130.6%104.9% |
Long-Term Price Volatility Vs. Market
How volatile is Tyler Technologies's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall St
Most Shareholders Will Probably Find That The Compensation For Tyler Technologies, Inc.'s (NYSE:TYL) CEO Is Reasonable6 days ago | Simply Wall St
Analysts Just Made A Notable Upgrade To Their Tyler Technologies, Inc. (NYSE:TYL) Forecasts1 month ago | Simply Wall St
Announcing: Tyler Technologies (NYSE:TYL) Stock Increased An Energizing 208% In The Last Five YearsValuation
Is Tyler Technologies undervalued compared to its fair value and its price relative to the market?
87.49x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: TYL ($399.87) is trading above our estimate of fair value ($358.77)
Significantly Below Fair Value: TYL is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: TYL is poor value based on its PE Ratio (87.5x) compared to the US Software industry average (49.7x).
PE vs Market: TYL is poor value based on its PE Ratio (87.5x) compared to the US market (20.2x).
Price to Earnings Growth Ratio
PEG Ratio: TYL is poor value based on its PEG Ratio (9.8x)
Price to Book Ratio
PB vs Industry: TYL is overvalued based on its PB Ratio (7.9x) compared to the US Software industry average (7.7x).
Future Growth
How is Tyler Technologies forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
9.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TYL's forecast earnings growth (9% per year) is above the savings rate (2%).
Earnings vs Market: TYL's earnings (9% per year) are forecast to grow slower than the US market (15.1% per year).
High Growth Earnings: TYL's earnings are forecast to grow, but not significantly.
Revenue vs Market: TYL's revenue (18.1% per year) is forecast to grow faster than the US market (9.1% per year).
High Growth Revenue: TYL's revenue (18.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TYL's Return on Equity is forecast to be low in 3 years time (12.3%).
Past Performance
How has Tyler Technologies performed over the past 5 years?
13.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TYL has high quality earnings.
Growing Profit Margin: TYL's current net profit margins (16.2%) are higher than last year (14.9%).
Past Earnings Growth Analysis
Earnings Trend: TYL's earnings have grown by 13.2% per year over the past 5 years.
Accelerating Growth: TYL's earnings growth over the past year (10.5%) is below its 5-year average (13.2% per year).
Earnings vs Industry: TYL earnings growth over the past year (10.5%) underperformed the Software industry 20.5%.
Return on Equity
High ROE: TYL's Return on Equity (8.9%) is considered low.
Financial Health
How is Tyler Technologies's financial position?
Financial Position Analysis
Short Term Liabilities: TYL's short term assets ($1.7B) exceed its short term liabilities ($525.4M).
Long Term Liabilities: TYL's short term assets ($1.7B) exceed its long term liabilities ($645.4M).
Debt to Equity History and Analysis
Debt Level: TYL's debt to equity ratio (28.7%) is considered satisfactory.
Reducing Debt: TYL's debt to equity ratio has increased from 17.7% to 28.7% over the past 5 years.
Debt Coverage: TYL's debt is well covered by operating cash flow (62.6%).
Interest Coverage: TYL's interest payments on its debt are well covered by EBIT (291.9x coverage).
Balance Sheet
Dividend
What is Tyler Technologies's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TYL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TYL'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 TYL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TYL'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 TYL's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
7.8yrs
Average management tenure
CEO
H. Moore (52 yo)
3yrs
Tenure
US$4,692,182
Compensation
Mr. H. Lynn Moore, Jr., has been President of Tyler Technologies, Inc. since January 2017 and has been its Chief Executive Officer since May 10, 2018. Mr. Moore served as Executive Vice President at Tyler ...
CEO Compensation Analysis
Compensation vs Market: H.'s total compensation ($USD4.69M) is below average for companies of similar size in the US market ($USD11.15M).
Compensation vs Earnings: H.'s compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: TYL's management team is seasoned and experienced (7.8 years average tenure).
Board Members
Experienced Board: TYL's board of directors are considered experienced (5 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: TYL insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.4%.
Top Shareholders
Company Information
Tyler Technologies, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Tyler Technologies, Inc.
- Ticker: TYL
- Exchange: NYSE
- Founded: 1966
- Industry: Application Software
- Sector: Software
- Market Cap: US$16.281b
- Shares outstanding: 40.72m
- Website: https://www.tylertech.com
Number of Employees
Location
- Tyler Technologies, Inc.
- 5101 Tennyson Parkway
- Plano
- Texas
- 75024
- United States
Listings
Biography
Tyler Technologies, Inc. provides integrated information management solutions and services for the public sector in the United States and internationally. The company operates in two segments, Enterprise S...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/05/09 22:37 |
| End of Day Share Price | 2021/05/07 00:00 |
| Earnings | 2021/03/31 |
| Annual Earnings | 2020/12/31 |
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.