TYL Stock Overview
Tyler Technologies, Inc. provides integrated information management solutions and services for the public sector.
Tyler Technologies Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$414.07|
|52 Week High||US$557.55|
|52 Week Low||US$300.85|
|1 Month Change||19.50%|
|3 Month Change||16.75%|
|1 Year Change||-15.19%|
|3 Year Change||64.48%|
|5 Year Change||138.95%|
|Change since IPO||4,632.23%|
Recent News & Updates
If EPS Growth Is Important To You, Tyler Technologies (NYSE:TYL) Presents An Opportunity
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Tyler Technologies partners with Infinite Campus for student information solutions
Tyler Technologies (NYSE:TYL) announced a formal partnership with Infinite Campus, provider of student information system products that help school districts streamline educational processes, promote stakeholder collaboration, and personalize learning. Through this partnership, the Infinite Campus solution will be the preferred student information system available to Tyler clients. The partnership also enables the company to strengthen its focus on industry-leading K-12 products in ERP and student transportation. The agreement is not expected to have a material impact on Tyler’s operating results.
A Look At The Intrinsic Value Of Tyler Technologies, Inc. (NYSE:TYL)
Does the July share price for Tyler Technologies, Inc. ( NYSE:TYL ) reflect what it's really worth? Today, we will...
Florida's Orange County selects Tyler Technologies' Enterprise Assessment & Tax solution
Orange County, Florida has selected Tyler Technologies' (NYSE:TYL) Enterprise Assessment & Tax solution, powered by iasWorld. The county will use the solution to manage its entire property assessment process with a complete web-based, GIS-enabled toolset and a full complement of valuable features. Tyler's Enterprise Assessment & Tax solution is a comprehensive solution for assessment administration, computer-assisted mass appraisal, and tax billing and collections.
|TYL||US Software||US Market|
Return vs Industry: TYL exceeded the US Software industry which returned -17.7% over the past year.
Return vs Market: TYL underperformed the US Market which returned -12.9% over the past year.
|TYL Average Weekly Movement||6.1%|
|Software Industry Average Movement||10.7%|
|Market Average Movement||7.9%|
|10% most volatile stocks in US Market||17.1%|
|10% least volatile stocks in US Market||3.2%|
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.
About the Company
Tyler Technologies, Inc. provides integrated information management solutions and services for the public sector. The company operates in three segments: Enterprise Software; Appraisal and Tax; and NIC. It offers financial management solutions, including modular fund accounting systems for government agencies or not-for-profit entities; utility billing systems for the billing and collection of metered and non-metered services; products to automate city and county functions, such as municipal courts, parking tickets, equipment and project costing, animal and business licenses, permits and inspections, code enforcement, citizen complaint tracking, ambulance billing, fleet maintenance, and cemetery records management; and student information and transportation solutions for K-12 schools.
Tyler Technologies Fundamentals Summary
|TYL fundamental statistics|
Is TYL overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|TYL income statement (TTM)|
|Cost of Revenue||US$1.05b|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||4.31|
|Net Profit Margin||9.84%|
How did TYL perform over the long term?See historical performance and comparison
Is TYL undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 0/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for TYL?
Other financial metrics that can be useful for relative valuation.
|What is TYL's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does TYL's PE Ratio compare to its peers?
|TYL PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
PAYC Paycom Software
PCTY Paylocity Holding
TYL Tyler Technologies
Price-To-Earnings vs Peers: TYL is expensive based on its Price-To-Earnings Ratio (96x) compared to the peer average (83.4x).
Price to Earnings Ratio vs Industry
How does TYL's PE Ratio compare vs other companies in the US Software Industry?
Price-To-Earnings vs Industry: TYL is expensive based on its Price-To-Earnings Ratio (96x) compared to the US Software industry average (44.9x)
Price to Earnings Ratio vs Fair Ratio
What is TYL's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||96x|
|Fair PE Ratio||36.2x|
Price-To-Earnings vs Fair Ratio: TYL is expensive based on its Price-To-Earnings Ratio (96x) compared to the estimated Fair Price-To-Earnings Ratio (36.2x).
Share Price vs Fair Value
What is the Fair Price of TYL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: TYL ($414.07) is trading above our estimate of fair value ($308.38)
Significantly Below Fair Value: TYL is trading above our estimate of fair value.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is less than 20% higher than the current share price.
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How is Tyler Technologies forecast to perform in the next 1 to 3 years based on estimates from 17 analysts?
Future Growth Score3/6
Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TYL's forecast earnings growth (16.9% per year) is above the savings rate (1.9%).
Earnings vs Market: TYL's earnings (16.9% per year) are forecast to grow faster than the US market (12.8% per year).
High Growth Earnings: TYL's earnings are forecast to grow, but not significantly.
Revenue vs Market: TYL's revenue (9.5% per year) is forecast to grow faster than the US market (8% per year).
High Growth Revenue: TYL's revenue (9.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if TYL's Return on Equity is forecast to be high in 3 years time
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How has Tyler Technologies performed over the past 5 years?
Past Performance Score3/6
Past Performance Score 3/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TYL has high quality earnings.
Growing Profit Margin: TYL's current net profit margins (9.8%) are lower than last year (12.3%).
Past Earnings Growth Analysis
Earnings Trend: TYL's earnings have grown by 3% per year over the past 5 years.
Accelerating Growth: TYL's earnings growth over the past year (14.8%) exceeds its 5-year average (3% per year).
Earnings vs Industry: TYL earnings growth over the past year (14.8%) underperformed the Software industry 18.5%.
Return on Equity
High ROE: TYL's Return on Equity (7.3%) is considered low.
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How is Tyler Technologies's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: TYL's short term assets ($957.3M) exceed its short term liabilities ($833.9M).
Long Term Liabilities: TYL's short term assets ($957.3M) do not cover its long term liabilities ($1.5B).
Debt to Equity History and Analysis
Debt Level: TYL's net debt to equity ratio (39.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if TYL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: TYL's debt is well covered by operating cash flow (35.7%).
Interest Coverage: TYL's interest payments on its debt are well covered by EBIT (11.4x coverage).
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What is Tyler Technologies's current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TYL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TYL's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if TYL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TYL's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as TYL has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
H. Moore (54 yo)
Mr. H. Lynn Moore, Jr., has been President of Tyler Technologies, Inc. since January 2017 and has been its Chief Executive Officer since May 10, 2018. Mr. Moore served as Executive Vice President at Tyler...
CEO Compensation Analysis
Compensation vs Market: H.'s total compensation ($USD5.59M) is below average for companies of similar size in the US market ($USD12.96M).
Compensation vs Earnings: H.'s compensation has been consistent with company performance over the past year.
Experienced Management: TYL's management team is considered experienced (5 years average tenure).
Experienced Board: TYL's board of directors are considered experienced (7.3 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Tyler Technologies, Inc.'s employee growth, exchange listings and data sources
- Name: Tyler Technologies, Inc.
- Ticker: TYL
- Exchange: NYSE
- Founded: 1966
- Industry: Application Software
- Sector: Software
- Implied Market Cap: US$17.173b
- Shares outstanding: 41.47m
- Website: https://www.tylertech.com
Number of Employees
- Tyler Technologies, Inc.
- 5101 Tennyson Parkway
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/08 00:00|
|End of Day Share Price||2022/08/08 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.