Added to YB: 2026-09-24
Pitch date: 2026-09-19
TNE.AX [bullish]
Technology One Limited
+0.45%
current return
Author Info
No bio for this author
Company Info
Technology One Limited engages in the development, marketing, sale, implementation, and support of integrated enterprise business software solutions in Australia and internationally.
Market Cap
AUD 9.5B
Pitch Price
AUD 28.90
Price Target
N/A
Dividend
0.92%
EV/EBITDA
47.20
P/E
67.55
EV/Sales
14.69
Sector
Software
Category
growth
TechnologyOne: a business that helps you understand Constellation Software
TNE.AX (more research needed): TechnologyOne could fit Constellation Software’s acquisition universe at the right price: mission-critical public-sector software, claimed 99%+ historical retention and cross-selling drove 17% ARR growth with 114% net revenue retention in H1 2026, while new customers added only about three points. After a nearly 30% decline to around A$30, the unresolved question is whether the past decade’s performance can be repeated at a valuation that leaves shareholders sufficient upside.
Read full article (4 min)