TYLER TECHNOLOGIES INC (TYL) Stock Fundamental Analysis
USA - NYSE:TYL - US9022521051 - Common Stock
469.71 USD
+2.69 (+0.58%)
469.71 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to TYL. TYL was compared to 284 industry peers in the Software industry. TYL has only an average score on both its financial health and profitability. TYL is valued quite expensive, but it does show an excellent growth. These ratings could make TYL a good candidate for growth investing.
1. Profitability
1.1 Basic Checks
In the past year TYL was profitable.
In the past year TYL had a positive cash flow from operations.
In the past 5 years TYL has always been profitable.
In the past 5 years TYL always reported a positive cash flow from operatings.
1.2 Ratios
TYL has a Return On Assets of 5.78%. This is in the better half of the industry: TYL outperforms 74.65% of its industry peers.
Looking at the Return On Equity, with a value of 8.75%, TYL is in the better half of the industry, outperforming 73.59% of the companies in the same industry.
The Return On Invested Capital of TYL (7.95%) is better than 78.87% of its industry peers.
TYL had an Average Return On Invested Capital over the past 3 years of 5.40%. This is significantly below the industry average of 11.83%.
The 3 year average ROIC (5.40%) for TYL is below the current ROIC(7.95%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.78% | ||
| ROE | 8.75% | ||
| ROIC | 7.95% |
ROA(3y)4.04%
ROA(5y)4.6%
ROE(3y)6.56%
ROE(5y)7.28%
ROIC(3y)5.4%
ROIC(5y)5.58%
1.3 Margins
With a decent Profit Margin value of 13.72%, TYL is doing good in the industry, outperforming 76.06% of the companies in the same industry.
In the last couple of years the Profit Margin of TYL has declined.
Looking at the Operating Margin, with a value of 15.42%, TYL belongs to the top of the industry, outperforming 82.04% of the companies in the same industry.
In the last couple of years the Operating Margin of TYL has remained more or less at the same level.
With a Gross Margin value of 46.06%, TYL is not doing good in the industry: 69.72% of the companies in the same industry are doing better.
In the last couple of years the Gross Margin of TYL has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.42% | ||
| PM (TTM) | 13.72% | ||
| GM | 46.06% |
OM growth 3Y2.19%
OM growth 5Y-0.68%
PM growth 3Y6.66%
PM growth 5Y-1.82%
GM growth 3Y-0.6%
GM growth 5Y-1.65%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), TYL is destroying value.
Compared to 1 year ago, TYL has more shares outstanding
TYL has more shares outstanding than it did 5 years ago.
The debt/assets ratio for TYL has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 7.72 indicates that TYL is not in any danger for bankruptcy at the moment.
TYL's Altman-Z score of 7.72 is fine compared to the rest of the industry. TYL outperforms 78.17% of its industry peers.
TYL has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 1 | ||
| Altman-Z | 7.72 |
ROIC/WACC0.73
WACC10.94%
2.3 Liquidity
TYL has a Current Ratio of 1.03. This is a normal value and indicates that TYL is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.03, TYL is doing worse than 70.77% of the companies in the same industry.
TYL has a Quick Ratio of 1.03. This is a normal value and indicates that TYL is financially healthy and should not expect problems in meeting its short term obligations.
TYL has a Quick ratio of 1.03. This is in the lower half of the industry: TYL underperforms 69.72% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.03 | ||
| Quick Ratio | 1.03 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 23.09% over the past year.
The Earnings Per Share has been growing by 12.50% on average over the past years. This is quite good.
TYL shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 10.62%.
The Revenue has been growing by 14.50% on average over the past years. This is quite good.
EPS 1Y (TTM)23.09%
EPS 3Y10.8%
EPS 5Y12.5%
EPS Q2Q%17.86%
Revenue 1Y (TTM)10.62%
Revenue growth 3Y10.32%
Revenue growth 5Y14.5%
Sales Q2Q%9.67%
3.2 Future
The Earnings Per Share is expected to grow by 15.65% on average over the next years. This is quite good.
Based on estimates for the next years, TYL will show a quite strong growth in Revenue. The Revenue will grow by 9.31% on average per year.
EPS Next Y20.66%
EPS Next 2Y15.38%
EPS Next 3Y14.93%
EPS Next 5Y15.65%
Revenue Next Year9.87%
Revenue Next 2Y9.45%
Revenue Next 3Y9.65%
Revenue Next 5Y9.31%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 42.35 indicates a quite expensive valuation of TYL.
TYL's Price/Earnings ratio is in line with the industry average.
The average S&P500 Price/Earnings ratio is at 26.03. TYL is valued rather expensively when compared to this.
With a Price/Forward Earnings ratio of 36.95, TYL can be considered very expensive at the moment.
TYL's Price/Forward Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.27, TYL is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 42.35 | ||
| Fwd PE | 36.95 |
4.2 Price Multiples
TYL's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. TYL is cheaper than 67.96% of the companies in the same industry.
67.61% of the companies in the same industry are more expensive than TYL, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 33.88 | ||
| EV/EBITDA | 40.63 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
TYL has a very decent profitability rating, which may justify a higher PE ratio.
TYL's earnings are expected to grow with 14.93% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.05
PEG (5Y)3.39
EPS Next 2Y15.38%
EPS Next 3Y14.93%
5. Dividend
5.1 Amount
No dividends for TYL!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
469.71
+2.69 (+0.58%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners98.65%
Inst Owner Change-1.28%
Ins Owners0.33%
Ins Owner Change-0.74%
Market Cap20.32B
Revenue(TTM)2.30B
Net Income(TTM)315.29M
Analysts79.17
Price Target683.72 (45.56%)
Short Float %2.57%
Short Ratio3.45
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.4%
Min EPS beat(2)2.97%
Max EPS beat(2)3.84%
EPS beat(4)3
Avg EPS beat(4)3.39%
Min EPS beat(4)-1.13%
Max EPS beat(4)7.9%
EPS beat(8)7
Avg EPS beat(8)3.37%
EPS beat(12)10
Avg EPS beat(12)3%
EPS beat(16)13
Avg EPS beat(16)3.6%
Revenue beat(2)1
Avg Revenue beat(2)-0.18%
Min Revenue beat(2)-0.75%
Max Revenue beat(2)0.39%
Revenue beat(4)2
Avg Revenue beat(4)-0.19%
Min Revenue beat(4)-0.87%
Max Revenue beat(4)0.48%
Revenue beat(8)3
Avg Revenue beat(8)-0.65%
Revenue beat(12)4
Avg Revenue beat(12)-0.6%
Revenue beat(16)6
Avg Revenue beat(16)-0.19%
PT rev (1m)-0.22%
PT rev (3m)0.57%
EPS NQ rev (1m)0%
EPS NQ rev (3m)1.22%
EPS NY rev (1m)0%
EPS NY rev (3m)1.59%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.77%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.55%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 42.35 | ||
| Fwd PE | 36.95 | ||
| P/S | 8.84 | ||
| P/FCF | 33.88 | ||
| P/OCF | 32.03 | ||
| P/B | 5.64 | ||
| P/tB | 102.96 | ||
| EV/EBITDA | 40.63 |
EPS(TTM)11.09
EY2.36%
EPS(NY)12.71
Fwd EY2.71%
FCF(TTM)13.87
FCFY2.95%
OCF(TTM)14.67
OCFY3.12%
SpS53.13
BVpS83.28
TBVpS4.56
PEG (NY)2.05
PEG (5Y)3.39
Graham Number144.16
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.78% | ||
| ROE | 8.75% | ||
| ROCE | 9.41% | ||
| ROIC | 7.95% | ||
| ROICexc | 10.64% | ||
| ROICexgc | N/A | ||
| OM | 15.42% | ||
| PM (TTM) | 13.72% | ||
| GM | 46.06% | ||
| FCFM | 26.1% |
ROA(3y)4.04%
ROA(5y)4.6%
ROE(3y)6.56%
ROE(5y)7.28%
ROIC(3y)5.4%
ROIC(5y)5.58%
ROICexc(3y)6.06%
ROICexc(5y)6.77%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)6.39%
ROCE(5y)6.6%
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3Y14.88%
ROICexc growth 5Y-4.33%
OM growth 3Y2.19%
OM growth 5Y-0.68%
PM growth 3Y6.66%
PM growth 5Y-1.82%
GM growth 3Y-0.6%
GM growth 5Y-1.65%
F-Score8
Asset Turnover0.42
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 1 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 26.36% | ||
| Cap/Sales | 1.51% | ||
| Interest Coverage | 147.72 | ||
| Cash Conversion | 130.62% | ||
| Profit Quality | 190.24% | ||
| Current Ratio | 1.03 | ||
| Quick Ratio | 1.03 | ||
| Altman-Z | 7.72 |
F-Score8
WACC10.94%
ROIC/WACC0.73
Cap/Depr(3y)33.58%
Cap/Depr(5y)35.33%
Cap/Sales(3y)2.59%
Cap/Sales(5y)2.76%
Profit Quality(3y)205.85%
Profit Quality(5y)196.2%
High Growth Momentum
Growth
EPS 1Y (TTM)23.09%
EPS 3Y10.8%
EPS 5Y12.5%
EPS Q2Q%17.86%
EPS Next Y20.66%
EPS Next 2Y15.38%
EPS Next 3Y14.93%
EPS Next 5Y15.65%
Revenue 1Y (TTM)10.62%
Revenue growth 3Y10.32%
Revenue growth 5Y14.5%
Sales Q2Q%9.67%
Revenue Next Year9.87%
Revenue Next 2Y9.45%
Revenue Next 3Y9.65%
Revenue Next 5Y9.31%
EBIT growth 1Y27.52%
EBIT growth 3Y12.74%
EBIT growth 5Y13.72%
EBIT Next Year28.99%
EBIT Next 3Y19.26%
EBIT Next 5Y11.38%
FCF growth 1Y94.89%
FCF growth 3Y22.04%
FCF growth 5Y21.99%
OCF growth 1Y78.78%
OCF growth 3Y18.88%
OCF growth 5Y19.65%
TYLER TECHNOLOGIES INC / TYL FAQ
Can you provide the ChartMill fundamental rating for TYLER TECHNOLOGIES INC?
ChartMill assigns a fundamental rating of 5 / 10 to TYL.
What is the valuation status for TYL stock?
ChartMill assigns a valuation rating of 3 / 10 to TYLER TECHNOLOGIES INC (TYL). This can be considered as Overvalued.
How profitable is TYLER TECHNOLOGIES INC (TYL) stock?
TYLER TECHNOLOGIES INC (TYL) has a profitability rating of 6 / 10.
Can you provide the financial health for TYL stock?
The financial health rating of TYLER TECHNOLOGIES INC (TYL) is 6 / 10.