TechnologyOne Limited is an enterprise software company based in Australia. The firm specializes in creating, selling, and supporting a comprehensive suite of enterprise business software solutions. It operates through two main divisions: Software and Consulting. Their Software division focuses on sales, marketing, research, development, and providing a Software as a Service (SaaS) platform.
Meanwhile, the Consulting division offers services related to their software products. TechnologyOne boasts a variety of enterprise business software solutions catering to functions such as business analytics, corporate performance management, local government digital experiences, asset management, budgeting, cash receipting, content management, financials, human resources and payroll, performance planning, and property and rating.
Overview
Technology One (ASX: TNE) develops enterprise software used by organisations across sectors including local government, education and health. The company combines software with consulting, implementation and support, and its supplied figures show revenue growth of 11.50% alongside a 22.41% profit margin. At A$30.52, the shares trade within their 52-week range of A$20.09 to A$39.48; valuation is a significant part of the investment picture, with a price-to-earnings ratio of about 71.
Technology One is an Australian enterprise software company with software and consulting operations, selling and supporting integrated business systems in Australia and internationally. Its product range spans functions such as financial management, human resources and payroll, analytics, asset management, student administration and local-government services. It serves customers across local government, education, government, health and community services, and corporate and financial services. With a market capitalisation of A$10.0 billion, the company has reported revenue of A$631.2 million, growth of 11.50% and a profit margin of 22.41%.
Top Australian Brokers
- Pepperstone - Top Australian broker - Read our review
- eToro - Invest in ASX and international shares - Read our review
Key facts
- Ticker
- TNE
- Exchange
- AU
- ISIN
- AU000000TNE8
- Sector
- Technology
- Industry
- Software – Application
- Country
- Australia
- Currency
- AUD
- Price
- A$30.58
- Previous close
- A$30.38
- Day change
- +A$0.20 (+0.66%)
- Market cap
- 9.9B
- 52W low
- A$20.09
- 52W high
- A$39.48
Price and trend
Last price: A$30.58
- Price
- A$30.58
- 52W range
- A$20.09 – A$39.48
- 50-day SMA
- A$30.92
- 200-day SMA
- A$28.64
- Price vs 50D SMA
- -1.11%
- Price vs 200D SMA
- 6.78%
Valuation
- P/E
- 69.05
- PEG
- 1.94
- EPS
- 0.44
- Dividend yield
- 0.92%
- Beta
- 0.67
Technology One’s price-to-earnings ratio is about 71, while its PEG ratio is about 1.94. These figures point to a valuation that places considerable weight on the company sustaining growth and profitability. Revenue growth of 11.50% and a 22.41% profit margin provide useful business context, but do not remove the risk that expectations embedded in the share price could be challenged.
Profitability and growth
- Revenue growth
- 11.50%
- Revenue TTM
- 631.2M
- Profit margin
- 22.41%
Analyst view
Comparison uses the last price shown; targets are analyst estimates.
- Price
- A$30.58
- Target price
- A$30.96
- Target vs last price
- 1.24% from last price
The supplied target price is A$30.94, 1.37% from the last price of A$30.52. That is a narrow gap and offers limited additional context on its own; the company’s operating performance and valuation remain more central to assessing its shares.
Risks
The valuation is a key consideration: a price-to-earnings ratio of about 71 means expectations for continued business performance are important to the share price. Technology One also develops, implements and supports complex enterprise software, so execution across those activities and its varied customer sectors matters. The share price remains within a wide 52-week range, highlighting that market prices can move materially even alongside reported revenue growth and profitability.
FAQ
What does Technology One do?
Technology One develops, sells, implements and supports integrated enterprise software. Its products serve organisations across areas including local government, education, government, health and community services, and financial services.
How has the business been growing?
The supplied figures show revenue of A$631.2 million and revenue growth of 11.50%. Its reported profit margin is 22.41%, indicating a sizeable share of revenue is translating into profit.
What dividend does Technology One pay?
The supplied dividend yield is 0.96%, with a dividend per share of A$0.28. The yield is modest, so the investment case is more closely tied to the company’s software business and growth than to income.
How does TNE’s share price compare with its recent range?
At A$30.52, the share price sits within its 52-week range of A$20.09 to A$39.48. It is 0.92% below its 50-day moving average and 6.73% above its 200-day moving average.
*This content is aimed to provide general information only, and does not take your personal objectives, financial situation or needs into account.
Technology One Limited (ASX: TNE) Fundamentals
