TYLER TECHNOLOGIES INC (TYL) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:TYL - US9022521051 - Common Stock
469.62 USD
+3.66 (+0.79%)
469.62 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to TYL. TYL was compared to 280 industry peers in the Software industry. TYL has an average financial health and profitability rating. TYL is valued quite expensively, but it does show have an excellent growth rating. With these ratings, TYL could be worth investigating further for growth investing!.
1. Profitability
1.1 Basic Checks
TYL had positive earnings in the past year.
In the past year TYL had a positive cash flow from operations.
TYL had positive earnings in each of the past 5 years.
TYL had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of TYL (5.78%) is better than 74.73% of its industry peers.
TYL has a better Return On Equity (8.75%) than 73.67% of its industry peers.
TYL has a Return On Invested Capital of 7.95%. This is in the better half of the industry: TYL outperforms 78.29% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for TYL is significantly below the industry average of 12.00%.
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
The Profit Margin of TYL (13.72%) is better than 76.51% of its industry peers.
TYL's Profit Margin has declined in the last couple of years.
TYL's Operating Margin of 15.42% is amongst the best of the industry. TYL outperforms 82.21% of its industry peers.
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: 71.17% of the companies in the same industry are doing better.
TYL's Gross Margin has declined in the last couple of years.
| 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.
TYL has more shares outstanding than it did 1 year ago.
TYL has more shares outstanding than it did 5 years ago.
TYL has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 7.73 indicates that TYL is not in any danger for bankruptcy at the moment.
The Altman-Z score of TYL (7.73) is better than 81.49% 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 | 7.73 |
ROIC/WACC0.73
WACC10.86%
2.3 Liquidity
A Current Ratio of 1.03 indicates that TYL should not have too much problems paying its short term obligations.
With a Current ratio value of 1.03, TYL is not doing good in the industry: 73.31% of the companies in the same industry are doing better.
A Quick Ratio of 1.03 indicates that TYL should not have too much problems paying its short term obligations.
TYL has a worse Quick ratio (1.03) than 72.24% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.03 | ||
| Quick Ratio | 1.03 |
3. Growth
3.1 Past
TYL shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 23.09%, which is quite impressive.
TYL shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 12.50% yearly.
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
TYL is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 15.56% yearly.
Based on estimates for the next years, TYL will show a quite strong growth in Revenue. The Revenue will grow by 8.99% on average per year.
EPS Next Y20.66%
EPS Next 2Y15.38%
EPS Next 3Y14.93%
EPS Next 5Y15.56%
Revenue Next Year9.87%
Revenue Next 2Y9.45%
Revenue Next 3Y9.65%
Revenue Next 5Y8.99%
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 is on the same level as the industry average.
The average S&P500 Price/Earnings ratio is at 26.31. TYL is valued rather expensively when compared to this.
With a Price/Forward Earnings ratio of 36.94, TYL can be considered very expensive at the moment.
TYL's Price/Forward Earnings is on the same level as the industry average.
TYL is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 36.59, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 42.35 | ||
| Fwd PE | 36.94 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of TYL indicates a somewhat cheap valuation: TYL is cheaper than 65.84% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of TYL indicates a somewhat cheap valuation: TYL is cheaper than 66.90% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 33.69 | ||
| EV/EBITDA | 40.64 |
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.
A more expensive valuation may be justified as TYL's earnings are expected to grow with 14.93% in the coming years.
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 |
469.62
+3.66 (+0.79%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners98.65%
Inst Owner Change-20.66%
Ins Owners0.33%
Ins Owner Change-0.78%
Market Cap20.21B
Revenue(TTM)2.30B
Net Income(TTM)315.29M
Analysts79.17
Price Target653.95 (39.25%)
Short Float %2.42%
Short Ratio2.79
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)-4.35%
PT rev (3m)-4.54%
EPS NQ rev (1m)-2.84%
EPS NQ rev (3m)-2.84%
EPS NY rev (1m)0.43%
EPS NY rev (3m)0.43%
Revenue NQ rev (1m)0.02%
Revenue NQ rev (3m)0.02%
Revenue NY rev (1m)0.13%
Revenue NY rev (3m)0.04%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 42.35 | ||
| Fwd PE | 36.94 | ||
| P/S | 8.79 | ||
| P/FCF | 33.69 | ||
| P/OCF | 31.85 | ||
| P/B | 5.61 | ||
| P/tB | 102.39 | ||
| EV/EBITDA | 40.64 |
EPS(TTM)11.09
EY2.36%
EPS(NY)12.71
Fwd EY2.71%
FCF(TTM)13.94
FCFY2.97%
OCF(TTM)14.74
OCFY3.14%
SpS53.41
BVpS83.73
TBVpS4.59
PEG (NY)2.05
PEG (5Y)3.39
Graham Number144.54
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 | 7.73 |
F-Score8
WACC10.86%
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 5Y15.56%
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 5Y8.99%
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.