Technology One Ltd

AU:TNE Australia Software - Application
Market Cap
$5.22 Billion
AU$8.43 Billion AUD
Market Cap Rank
#3024 Global
#26 in Australia
Share Price
AU$25.75
Change (1 day)
-2.61%
52-Week Range
AU$20.17 - AU$42.61
All Time High
AU$42.61
Categories
Companies in Australia Software - Application Technology AI & Machine Learning
About

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. The company offers various business software solutions, including business analytics, app builder, corporate performance management, curriculum, DxP local governm… Read more

Technology One Ltd (TNE) - Net Assets

Latest net assets as of September 2025: AU$450.70 Million AUD

Based on the latest financial reports, Technology One Ltd (TNE) has net assets worth AU$450.70 Million AUD as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$891.40 Million) and total liabilities (AU$440.70 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets AU$450.70 Million
% of Total Assets 50.56%
Annual Growth Rate 16.68%
5-Year Change 136.92%
10-Year Change 225.43%
Growth Volatility 32.38

Technology One Ltd - Net Assets Trend (1999–2025)

This chart illustrates how Technology One Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Technology One Ltd (1999–2025)

The table below shows the annual net assets of Technology One Ltd from 1999 to 2025.

Year Net Assets Change
2025-09-30 AU$450.70 Million +18.84%
2024-09-30 AU$379.26 Million +23.94%
2023-09-30 AU$306.01 Million +27.98%
2022-09-30 AU$239.10 Million +25.69%
2021-09-30 AU$190.23 Million +33.81%
2020-09-30 AU$142.17 Million +33.05%
2019-09-30 AU$106.86 Million +37.90%
2018-09-30 AU$77.49 Million -50.81%
2017-09-30 AU$157.52 Million +13.74%
2016-09-30 AU$138.49 Million +17.43%
2015-09-30 AU$117.94 Million +12.86%
2014-09-30 AU$104.50 Million +19.11%
2013-09-30 AU$87.74 Million +18.57%
2012-09-30 AU$74.00 Million +8.23%
2011-09-30 AU$68.37 Million +7.81%
2010-09-30 AU$63.41 Million +10.98%
2009-09-30 AU$57.14 Million +13.12%
2008-09-30 AU$50.51 Million +14.00%
2007-09-30 AU$44.31 Million +12.88%
2006-09-30 AU$39.26 Million +1.96%
2005-09-30 AU$38.50 Million +4.18%
2004-09-30 AU$36.96 Million +3.68%
2003-09-30 AU$35.65 Million -2.72%
2002-09-30 AU$36.64 Million +3.67%
2001-09-30 AU$35.35 Million +147.21%
2000-09-30 AU$14.30 Million +75.30%
1999-09-30 AU$8.16 Million --

Equity Component Analysis

This analysis shows how different components contribute to Technology One Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 20150200000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (September 2025)

Component Amount Percentage
Retained Earnings AU$201.50 Million 44.71%
Common Stock AU$59.43 Million 13.19%
Other Comprehensive Income AU$189.77 Million 42.11%
Total Equity AU$450.70 Million 100.00%

Technology One Ltd Competitors by Market Cap

The table below lists competitors of Technology One Ltd ranked by their market capitalization.

Company Market Cap
Wharf Holdings Ltd
PINK:WARFY
 		$4.40 Billion
Tokyu Fudosan
F:T8F
 		$4.41 Billion
Nibe Industrier AB Series B
LSE:0RH0
 		$4.41 Billion
Suzhou Maxwell Technologies Co Ltd Class A
SHE:300751
 		$4.41 Billion
Meritage Corporation
NYSE:MTH
 		$4.40 Billion
Radian Group Inc
NYSE:RDN
 		$4.40 Billion
PT Bayan Resources Tbk
F:BNB
 		$4.40 Billion
Petro Rio S.A
PINK:PTRRY
 		$4.40 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Technology One Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 379,262,000 to 450,699,000, a change of 71,437,000 (18.8%).
  • Net income of 137,645,000 contributed positively to equity growth.
  • Dividend payments of 78,413,000 reduced retained earnings.
  • Share repurchases of 30,379,000 reduced equity.
  • New share issuances of 12,488,000 increased equity.
  • Other comprehensive income increased equity by 71,668,000.
  • Other factors decreased equity by 41,572,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income AU$137.65 Million +30.54%
Dividends Paid AU$78.41 Million -17.4%
Share Repurchases AU$30.38 Million -6.74%
Share Issuances AU$12.49 Million +2.77%
Other Comprehensive Income AU$71.67 Million +15.9%
Other Changes AU$-41.57 Million -9.22%
Total Change AU$- 18.84%

Book Value vs Market Value Analysis

This analysis compares Technology One Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 18.85x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 761.71x to 18.85x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1999-09-30 AU$0.03 AU$25.75 x
2000-09-30 AU$0.06 AU$25.75 x
2001-09-30 AU$0.11 AU$25.75 x
2002-09-30 AU$0.12 AU$25.75 x
2003-09-30 AU$0.12 AU$25.75 x
2004-09-30 AU$0.12 AU$25.75 x
2005-09-30 AU$0.13 AU$25.75 x
2006-09-30 AU$0.13 AU$25.75 x
2007-09-30 AU$0.15 AU$25.75 x
2008-09-30 AU$0.17 AU$25.75 x
2009-09-30 AU$0.19 AU$25.75 x
2010-09-30 AU$0.21 AU$25.75 x
2011-09-30 AU$0.22 AU$25.75 x
2012-09-30 AU$0.24 AU$25.75 x
2013-09-30 AU$0.28 AU$25.75 x
2014-09-30 AU$0.33 AU$25.75 x
2015-09-30 AU$0.37 AU$25.75 x
2016-09-30 AU$0.44 AU$25.75 x
2017-09-30 AU$0.50 AU$25.75 x
2018-09-30 AU$0.24 AU$25.75 x
2019-09-30 AU$0.33 AU$25.75 x
2020-09-30 AU$0.44 AU$25.75 x
2021-09-30 AU$0.59 AU$25.75 x
2022-09-30 AU$0.74 AU$25.75 x
2023-09-30 AU$0.94 AU$25.75 x
2024-09-30 AU$1.16 AU$25.75 x
2025-09-30 AU$1.37 AU$25.75 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Technology One Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 30.54%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 23.00%
  • • Asset Turnover: 0.67x
  • • Equity Multiplier: 1.98x
  • Recent ROE (30.54%) is below the historical average (31.73%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1999 36.09% 18.95% 1.24x 1.53x AU$2.67 Million
2000 40.21% 20.44% 1.26x 1.56x AU$4.32 Million
2001 21.97% 20.42% 0.74x 1.45x AU$4.23 Million
2002 23.89% 19.45% 0.88x 1.39x AU$5.09 Million
2003 19.72% 14.84% 1.02x 1.30x AU$3.47 Million
2004 25.65% 18.78% 1.02x 1.34x AU$5.78 Million
2005 26.70% 18.90% 1.06x 1.34x AU$6.43 Million
2006 31.37% 18.87% 1.21x 1.38x AU$8.39 Million
2007 33.36% 19.18% 1.18x 1.47x AU$10.35 Million
2008 34.11% 15.86% 1.48x 1.45x AU$12.18 Million
2009 27.45% 12.89% 1.45x 1.46x AU$9.97 Million
2010 28.09% 13.29% 1.36x 1.55x AU$11.47 Million
2011 29.73% 13.20% 1.38x 1.63x AU$13.49 Million
2012 31.84% 14.17% 1.39x 1.62x AU$16.16 Million
2013 30.76% 14.94% 1.31x 1.57x AU$18.21 Million
2014 29.63% 15.87% 1.29x 1.45x AU$20.52 Million
2015 30.34% 16.36% 1.20x 1.55x AU$23.99 Million
2016 29.85% 16.60% 1.14x 1.58x AU$27.49 Million
2017 28.25% 16.28% 1.10x 1.58x AU$28.74 Million
2018 27.99% 8.57% 0.89x 3.67x AU$13.94 Million
2019 54.71% 20.51% 0.90x 2.98x AU$47.77 Million
2020 44.28% 21.10% 0.74x 2.83x AU$48.73 Million
2021 38.21% 23.35% 0.61x 2.68x AU$53.67 Million
2022 37.16% 24.13% 0.63x 2.46x AU$64.93 Million
2023 33.62% 23.96% 0.67x 2.08x AU$72.28 Million
2024 31.12% 23.30% 0.67x 2.00x AU$80.09 Million
2025 30.54% 23.00% 0.67x 1.98x AU$92.58 Million

Industry Comparison

This section compares Technology One Ltd's net assets metrics with peer companies in the Software - Application industry.

Industry Context

  • Industry: Software - Application
  • Average net assets among peers: $9,191,327
  • Average return on equity (ROE) among peers: -38.57%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Technology One Ltd (TNE) AU$450.70 Million 36.09% 0.98x $4.40 Billion
One Click Group Ltd (1CG) $722.40K -186.50% 0.31x $5.25 Million
Thrive Tribe Technologies Ltd (1TT) $1.98 Million 25.74% 0.29x $300.18K
Pointerra Ltd (3DP) $22.72 Million -17.27% 0.34x $12.76 Million
8COMMON Ltd (8CO) $6.57 Million -0.17% 0.48x $1.47 Million
Adacel Tech Ltd (ADA) $9.15 Million 40.06% 1.35x $10.91 Million
Aeeris Ltd (AER) $4.17 Million -17.31% 0.06x $1.74 Million
Aerometrex Ltd (AMX) $36.83 Million 6.96% 0.32x $6.35 Million
Assetowl Ltd (AO1) $2.23 Million -90.90% 0.15x $577.74K
Bridge Saas Ltd (BGE) $1.59 Million -146.32% 0.42x $176.99K
Bravura Solutions Ltd (BVS) $5.96 Million 0.00% 1.72x $392.40 Million