Technology One Limited (TNE)
Views and News
Essentials
Recent News Highlights
As at 31/12/2012 : see details at www.technologyonecorp.com (new window? Shift+Click)
| 05/12/2012 |
Half-yearly Performance & Estimates - TNE
(To be completed)
| Year-end March | FY11A | 1H12A | FY12A | 1H13A | FY13A | FY14E | FY15E |
|---|---|---|---|---|---|---|---|
| Sales, $m | 153.4 | 76.6 | 164.4 | 76.0 | 180.5 | 193.0 | 211.0 |
| EBITDA, $m | 30.9 | 11.5 | 35.2 | 13.1 | 40.3 | 44.2 | 48.0 |
| EBIT, $m | 25.7 | 8.6 | 29.5 | 10.2 | 34.8 | 38.9 | 44.2 |
| Report NPAT, $m | 20.3 | 7.4 | 23.6 | 27.0 | |||
| Adj. NPAT, $m | 31.0 | 35.2 | |||||
| Reported EPS, ¢ | 7.00 | 2.00 | 7.73 | 3.00 | 8.80 | ||
| Adjusted EPS, ¢ | 7.63 | 8.69 | 10.00 | 11.30 | |||
| EPS %FY/Growth | % | % | 13% | ||||
| Dividend, ¢ | 4.62 | 1.61 | 5.09 | 1.77 | 5.60 | 6.60 | 7.40 |
| Franking, % | 100% | 100% | 100% | 100% | 85% | 85% | 85% |
| EBITDA Margin | 0 | % | 0 | % | % | 22.9% | 22.7% |
| NPAT Margin | 13% | 14% | 15.0% | 16.1% | 16.7% | ||
| ROE, % | 30% | 32% | 31.2% | ||||
| EBIT/Interest | 3 | ||||||
| Net Debt / Equity | -0.49 | -0.56 | -0.72 | ||||
| CashFlow/Sh, ¢ | 7.0 | 1.4 | 9.2 | 3.6 | 10.7 | 11.7 | 13.0 |
| Y/E Shares, m | 303.1 | 303.4 | 304.9 | 305.4 | 306.6 |
| Notes |
| Data sourced from IRESS Market Technology Limited. EPS Growth compared with the pcp is shown in most columns, except 1H11A and 1H12A which show the first half % of full year EPS. In a handful of cases, unadjusted share splits may give strange changes in ratios. |
Company Overview
Profile
Technology One
Rating:
Category: Potent Stock ; Midcaps
Action:
Website: www.technologyonecorp.com
| ASX code: | TNE |
| Closing Price, 30/12/2013: | $ 2.310 |
| Market Capitalisation: | $ 726 million |
| 52 Week High: | $ 2.50 |
| 52 Week Low: | $ 1.36 |
| Sector: | Application Software |
| Index: | S&P/ASX All Index |
Summary of Fundamentals
| Year-end September | FY11A | FY12A | FY13E | FY14E |
|---|---|---|---|---|
| NPAT, $m | 20.3 | 23.6 | 31.0 | 35.2 |
| Reported EPS, ¢ | 7.00 | 8.00 | ||
| Adjusted EPS, ¢ | 8.70 | 10.00 | 11.30 | |
| EPS Growth, % | 17% | 24% | 15% | 13% |
| P/E Ratio, x | 33.00 | 26.55 | 23.10 | 20.44 |
| Dividend, ¢ | 6.12 | 5.09 | 6.60 | 7.40 |
| Franking, % | 100% | 90% | 90% | 90% |
| Div. Yield, % | 2.65 | 2.20 | 2.86 | 3.20 |
Notes
| Our Adjusted EPS is used for the last year and forward estimates and as basis for EPS Growth and P/E Ratio. We currently use Reported data for all historic NPAT, for the prior year EPS and as base for last year EPS growth. |
| Data & Chart sourced from IRESS Market Technology Ltd. |
One Year Chart
As at 30 December 2013
Other Highlights
| Sector: | Application Software |
| Return on Equity, FY12 : | 32% |
| Net Debt to Equity, FY12 : | -56 % |
| EBIT / Interest Cover, FY12 : | -34.22 x |
| Gicscode: | 45103010 |
| First Listed: | 8-Dec-99 |
Business Activities
Technology One Limited (TNE) is an end-to-end enterprise software provider and consultant, servicing business, government, financial services, health and community, education, and utilities sectors. Software is aimed at 'out-of-the-box' functionality.
Glossary:
| ♠ | "A Core Stock" - reliable long-term yield & growth |
| ♥ | "We like it" - a seasoned performer, growth & yield |
| ♦ | "A tough scout" - creating a potential breakthrough |
| ♣ | "A steady performer" - giving reliable yield or growth |
| Best Stocks | Portfolio of selected attractive investments |
| Potential | Stocks that may have good improvement prospects |
| Speculative | More risky usually smaller stocks with spec. upside |
| Midcaps | In RR Midcap Index, $ 70m to 1,500m market cap. |
| Large Stocks | Larger Stocks upwards of $ 1,500m market cap |