Tyler Technologies Inc. (TYL)
Tyler Statistics
Share Statistics
Tyler has 43.11M shares outstanding. The number of shares has increased by 1.24% in one year.
| Shares Outstanding | 43.11M |
| Shares Change (YoY) | 1.24% |
| Shares Change (QoQ) | 0.3% |
| Owned by Institutions (%) | 94.38% |
| Shares Floating | 42.79M |
| Failed to Deliver (FTD) Shares | 4.6K |
| FTD / Avg. Volume | 1.8% |
Short Selling Information
The latest short interest is 842.85K, so 1.97% of the outstanding shares have been sold short.
| Short Interest | 842.85K |
| Short % of Shares Out | 1.97% |
| Short % of Float | 1.98% |
| Short Ratio (days to cover) | 3.87 |
Valuation Ratios
The PE ratio is 93.42 and the forward PE ratio is 56.34. Tyler's PEG ratio is 1.66.
| PE Ratio | 93.42 |
| Forward PE | 56.34 |
| PS Ratio | 11.49 |
| Forward PS | 5.9 |
| PB Ratio | 7.25 |
| P/FCF Ratio | 40.67 |
| PEG Ratio | 1.66 |
Enterprise Valuation
Tyler Technologies Inc. has an Enterprise Value (EV) of 18.1B.
| EV / Earnings | 68.82 |
| EV / Sales | 8.47 |
| EV / EBITDA | 60.44 |
| EV / EBIT | 60.44 |
| EV / FCF | 29.97 |
Financial Position
The company has a current ratio of 1.35, with a Debt / Equity ratio of 0.19.
| Current Ratio | 1.35 |
| Quick Ratio | 1.35 |
| Debt / Equity | 0.19 |
| Total Debt / Capitalization | 15.85 |
| Cash Flow / Debt | 0.98 |
| Interest Coverage | 50.5 |
Financial Efficiency
Return on equity (ROE) is 0.08% and return on capital (ROIC) is 6.35%.
| Return on Equity (ROE) | 0.08% |
| Return on Assets (ROA) | 0.05% |
| Return on Capital (ROIC) | 6.35% |
| Revenue Per Employee | $288,892.3 |
| Profits Per Employee | $35,544.05 |
| Employee Count | 7,400 |
| Asset Turnover | 0.41 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 45.14M |
| Effective Tax Rate | 0.15 |
Stock Price Statistics
The stock price has increased by 36.01% in the last 52 weeks. The beta is 0.8, so Tyler's price volatility has been higher than the market average.
| Beta | 0.8 |
| 52-Week Price Change | 36.01% |
| 50-Day Moving Average | 598.11 |
| 200-Day Moving Average | 579.69 |
| Relative Strength Index (RSI) | 45.75 |
| Average Volume (20 Days) | 256.01K |
Income Statement
In the last 12 months, Tyler had revenue of 2.14B and earned 263.03M in profits. Earnings per share was 6.17.
| Revenue | 2.14B |
| Gross Profit | 935.76M |
| Operating Income | 299.53M |
| Net Income | 263.03M |
| EBITDA | 299.53M |
| EBIT | 299.53M |
| Earnings Per Share (EPS) | 6.17 |
Balance Sheet
The company has 744.72M in cash and 638.37M in debt, giving a net cash position of 106.35M.
| Cash & Cash Equivalents | 744.72M |
| Total Debt | 638.37M |
| Net Cash | 106.35M |
| Retained Earnings | 1.87B |
| Total Assets | 5.18B |
| Working Capital | 375.17M |
Cash Flow
In the last 12 months, operating cash flow was 624.63M and capital expenditures -20.54M, giving a free cash flow of 604.1M.
| Operating Cash Flow | 624.63M |
| Capital Expenditures | -20.54M |
| Free Cash Flow | 604.1M |
| FCF Per Share | 14.18 |
Margins
Gross margin is 43.77%, with operating and profit margins of 14.01% and 12.3%.
| Gross Margin | 43.77% |
| Operating Margin | 14.01% |
| Pretax Margin | 14.42% |
| Profit Margin | 12.3% |
| EBITDA Margin | 14.01% |
| EBIT Margin | 14.01% |
| FCF Margin | 28.26% |
Dividends & Yields
TYL pays an annual dividend of $0.02, which amounts to a dividend yield of 0.7%.
| Dividend Per Share | $0.02 |
| Dividend Yield | 0.7% |
| Dividend Growth (YoY) | 33.34% |
| Payout Ratio | 0.39% |
| Earnings Yield | 1.07% |
| FCF Yield | 2.42% |
Analyst Forecast
The average price target for TYL is $700, which is 21.1% higher than the current price. The consensus rating is "Buy".
| Price Target | $700 |
| Price Target Difference | 21.1% |
| Analyst Consensus | Buy |
| Analyst Count | 12 |
Stock Splits
The last stock split was on May 15, 1990. It was a forward split with a ratio of 3:1.
| Last Split Date | May 15, 1990 |
| Split Type | forward |
| Split Ratio | 3:1 |
Scores
| Altman Z-Score | 8.97 |
| Piotroski F-Score | 7 |