P PRIMESTOCKFINDER.COM

TNE Shares Technology One Limited

BUY ASX · ASX
$32.12 -2.52% Prices as of close 2026-10-26

Defensive SaaS growth, government demand, and rising margins offer durable compounding potential.

Future value: $31.14 (-3.05%) · 6-12 months · analyst consensus

  • ▸Recurring software growth remains resilient despite recent technology-sector weakness.
  • ▸Above 50-day MA (+4.77%)
  • ▸Above 200-day MA — long-term uptrend
  • ▸Volume 2.64× average — accumulation
  • ▾Trading above its price target — limited upside

Trend: TNE is trading above the 50-day average (+7.47%), RSI 57 — neutral momentum, with a 3-month return of +6.32%.

Valuation & quality: Technology One Limited trades on a trailing P/E of 74.9, forward P/E 54.8, PEG 1.94, price-to-book 25.15; fundamentals show net margin 22.4%, return on equity 33.5%, revenue growth 11.5% year on year.

Analyst consensus: 16 analysts have a mean 12-month price target of A$31.14 (-3.1% vs the last close; range A$22.00 – A$36.56), consensus rating “buy”.

Income: trailing dividend yield 0.87%.

Our screen: BUY (score 2) — Defensive SaaS growth, government demand, and rising margins offer durable compounding potential.

Computed from end-of-day data; not personal advice.

Our simulated $10,000 funds have traded TNE 1 time — 0 of 1 closed trade profitable.

FundBoughtSoldReturn
ASX Medium-risk2026-08-22 @ $32.332026-09-02 @ $31.46 · AI review sell-2.69%

Paper trades from our simulated funds at real end-of-day prices; past results don't predict future returns.

33.8 20.2 FebMarAprMayJunJulAugSepOct
Daily close, 2026-02-08 → 2026-10-26 (AUD). Range 20.2 – 33.8.
Mar 26Apr 26May 26Jun 26Jul 26Aug 26Sep 26Oct 26
+7.00%+0.30%+6.60%-1.20%+4.40%+5.90%-11.10%+13.80%
Market cap
$10.79B
P/E (ttm)
74.9
Forward P/E
54.8
EPS (ttm)
$0.44
Price / book
25.15
PEG
1.94
Beta
0.67
Net margin
22.4%
ROE
33.5%
Revenue growth
11.5%
Earnings growth
6.3%
Revenue (ttm)
$631.2M
Free cash flow
$152.0M
Debt / equity
12%
Dividend yield
0.87%
52-wk range
$20.14 – $39.13
Volume
1,094,699
Avg volume (3m)
801,715
Mean target
$31.14
Low
$22.00
High
$36.56
Analysts
16
Consensus
BUY
RSI (14)
56.8
vs 50-day MA
+7.47%
1-mo return
+13.00%
3-mo return
+6.32%
Volume z-score
1.62

Technology One Limited engages in the development, marketing, sale, implementation, and support of integrated enterprise business software solutions in Australia and internationally. It operates through Software and Consulting segments.

Sector: Technology · Industry: Software - Application · Australia · 1,500 employees · Website

Browse: all ASX stocks · Technology picks · today's movers

General information only (Australia). This is general information, not financial product advice. It doesn't consider your objectives, financial situation or needs — consider its appropriateness and seek licensed advice before acting. Not a recommendation to buy or sell any financial product.

Market data from end-of-day feeds; AI-generated research for educational purposes only — not investment advice.