Technology One Limited
TNE.AXTechnologyASXSoftware - Application
Scan Results
Daily timeframeHeadquartered within the technology sector, Technology One Limited focuses on Software - Application services and products. Technology One Limited engages in the development, marketing, sale, implementation, and support of integrated enterprise business software solutions in Australia and internationally. At a $9.68B market cap, Technology One Limited ranks as a mid-cap company within technology. It operates through Software and Consulting segments.
Market Cap
$9.68B
Beta
0.57
P/E (TTM)
70.43
P/E (Fwd)
48.91
EPS (TTM)
$0.42
EPS (Fwd)
$0.60
ROE
33.5%
ROA
14.6%
Cash
$245.5M
Total Debt
$49.4M
Free CF
$152.0M
52W Change
-28.8%
Annual Financials
Cash vs Debt
The balance sheet looks solid with $245.5M in cash comfortably exceeding the $49.4M debt load. A net cash position generally provides financial flexibility during uncertain economic periods. Free cash flow comes in at $152.0M, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. Return on equity stands at 33.5%, which is exceptionally high for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. Return on assets of 14.6% further supports the picture of efficient asset utilization. Revenue has grown from $368.2M (2022) to $598.5M (2025), reflecting a 63% increase over the period.
TNE.AX's low beta indicates it tends to be less volatile than the broader market, which may suit investors seeking more stable price behavior. With cash comfortably exceeding debt, TNE.AX has financial flexibility that may help navigate uncertain periods. At over 50x earnings, TNE.AX carries valuation risk — any slowdown in growth expectations could lead to meaningful price adjustments. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Technology One Limited and its sector.