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68.63 (1y: +85%)
Market Cap 2.14 B P/E(ttm) 63.40
Enterprise Value 2.13 B P/B 14.86
TYL- NYSE (USA)
Tyler Technologies, Inc.
  • Currently 5/5
Business Predictability Rank: 5-Star
Back Testing Results:
Average gain of all 5-Star stocks: 12.1% per year.
% of Stocks that are in still loss if held for 10yrs: 3%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$68.63
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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 9/10

vs
industry		 vs
history
Cash to Debt 0.356
TYL's Cash to Debt is ranked lower than
97% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 10000.00 vs. TYL: 0.356 )
TYL' s 10-Year Cash to Debt Range
Min: 0.02   Max: No Debt
Current: 0.36
Equity to Asset -0.064
TYL's Equity to Asset is ranked lower than
90% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 0.49 vs. TYL: -0.064 )
TYL' s 10-Year Equity to Asset Range
Min: -0.22   Max: 0.34
Current: -0.06
-0.22
0.34
F-Score: 8
Z-Score: 10.64
M-Score: -2.51
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 9/10

vs
industry		 vs
history
Operating margin (%) 15.60
TYL's Operating margin (%) is ranked higher than
89% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 5.40 vs. TYL: 15.60 )
TYL' s 10-Year Operating margin (%) Range
Min: -5.8   Max: 15.6
Current: 15.6
-5.8
15.6
Net-margin (%) 9.1
TYL's Net-margin (%) is ranked higher than
78% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 3.50 vs. TYL: 9.1 )
TYL' s 10-Year Net-margin (%) Range
Min: -26.4   Max: 18.2
Current: 9.1
-26.4
18.2
ROE (%) 22.7
TYL's ROE (%) is ranked higher than
95% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 6.80 vs. TYL: 22.7 )
TYL' s 10-Year ROE (%) Range
Min: -25.6   Max: 35.3
Current: 22.7
-25.6
35.3
ROA (%) 9.8
TYL's ROA (%) is ranked higher than
92% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 4.00 vs. TYL: 9.8 )
TYL' s 10-Year ROA (%) Range
Min: -16.1   Max: 14.5
Current: 9.8
-16.1
14.5
Revenue Growth (%) 8.6
TYL's Revenue Growth (%) is ranked higher than
86% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 4.20 vs. TYL: 8.6 )
TYL' s 10-Year Revenue Growth (%) Range
Min: -0.5   Max: 14.2
Current: 8.6
-0.5
14.2
EBITDA Growth (%) 9.1
TYL's EBITDA Growth (%) is ranked higher than
90% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 6.90 vs. TYL: 9.1 )
TYL' s 10-Year EBITDA Growth (%) Range
Min: -6.5   Max: 57.2
Current: 9.1
-6.5
57.2
EPS Growth (%) 7.8
TYL's EPS Growth (%) is ranked higher than
94% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 4.85 vs. TYL: 7.8 )
TYL' s 10-Year EPS Growth (%) Range
Min: -12.9   Max: 119
Current: 7.8
-12.9
119
» TYL's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

TYL Guru Trades in Q2 2012

Mario Gabelli 379,524 sh (+1.05%)
Michael Dell Sold Out
Jim Simons 238,700 sh (-2.69%)
Steven Cohen 7,880 sh (-46.28%)
Columbia Wanger 946,500 sh (-48.45%)
» More
Q3 2012

TYL Guru Trades in Q3 2012

Steven Cohen 8,793 sh (+11.59%)
Mario Gabelli 380,624 sh (+0.29%)
Columbia Wanger 946,500 sh (unchged)
Jim Simons Sold Out
» More
Q4 2012

TYL Guru Trades in Q4 2012

Steven Cohen 14,385 sh (+63.6%)
Columbia Wanger 946,500 sh (unchged)
Mario Gabelli 364,824 sh (-4.15%)
» More
Q1 2013

TYL Guru Trades in Q1 2013

Jim Simons 367,904 sh (New)
Mario Gabelli 360,770 sh (-1.11%)
Columbia Wanger 846,500 sh (-10.57%)
Steven Cohen 9,919 sh (-31.05%)
» More
» Details

Insider Trades

Latest Guru Trades with TYL

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Joel Greenblatt 2011-06-30 Sold Out 0.07%$23.26 - $27.01 $ 68.63180%0
Joel Greenblatt 2011-03-31 New Buy0.07%$20.33 - $23.65 $ 68.63217%9485
Mario Gabelli 2011-03-31 Reduce -46.4%0.05%$20.33 - $23.65 $ 68.63217%343570
Mario Gabelli 2010-09-30 Add 100.45%0.03%$15.09 - $20.22 $ 68.63293%641170
Mario Gabelli 2010-06-30 Reduce -42.76%0.01%$15.65 - $19.83 $ 68.63297%319870
Premium More recent guru trades are included for Premium Members only!!

Top Ranked Articles about Tyler Technologies, Inc.

Most Market Value Returns of the Buffett-Munger Model Portfolio
December 26, 2012
Columbia Wanger,Ron Baron - Most Market Value Returns Of The Buffett-Munger Model Portfolio
As year’s end creeps up on us and GuruFocus counts down the days until it will rebalance its top-performing Buffett-Munger Model Portolio, let’s turn our focus towards the stocks in the lineup that delivered the most in market value year to date. Read more...
President and CEO of Tyler Tech Inc. (TYL) John S. Marr Jr. sold 50,000 shares
June 18, 2012
Tyler Technologies Inc. is engaged in providing integrated information management solutions and services to the public sector. Tyler Tech Inc. has a market cap of $1.18 billion; its shares were traded at around $39.45 with a P/E ratio of 46.9 and P/S ratio of 3.8. Tyler Tech Inc. had an annual average earnings growth of 22.3% over the past 10 years. Read more...

Ratios

vs
industry		 vs
history
P/E(ttm) 63.40
TYL's P/E(ttm) is ranked higher than
60% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 25.05 vs. TYL: 63.40 )
TYL' s 10-Year P/E(ttm) Range
Min: 6.94   Max: 464
Current: 63.4
6.94
464
P/B 14.86
TYL's P/B is ranked lower than
90% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 1.90 vs. TYL: 14.86 )
TYL' s 10-Year P/B Range
Min: 0.56   Max: 16.61
Current: 14.86
0.56
16.61
P/S 6.06
TYL's P/S is ranked lower than
85% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 1.40 vs. TYL: 6.06 )
TYL' s 10-Year P/S Range
Min: 0.58   Max: 6.06
Current: 6.06
0.58
6.06
PFCF 51.99
TYL's PFCF is ranked lower than
63% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 18.41 vs. TYL: 51.99 )
TYL' s 10-Year PFCF Range
Min: 5.3   Max: 800
Current: 51.99
5.3
800
EV-to-EBIT 34.97
TYL's EV-to-EBIT is ranked higher than
65% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 18.35 vs. TYL: 34.97 )
TYL' s 10-Year EV-to-EBIT Range
Min: 11   Max: 143.8
Current: 34.97
11
143.8
PEG 3.75
TYL's PEG is ranked higher than
94% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 1.37 vs. TYL: 3.75 )
TYL' s 10-Year PEG Range
Min: 0.55   Max: 4.62
Current: 3.75
0.55
4.62
Shiller P/E 91.93
TYL's Shiller P/E is ranked higher than
79% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 22.91 vs. TYL: 91.93 )
TYL' s 10-Year Shiller P/E Range
Min: 29.74   Max: 139.33
Current: 91.93
29.74
139.33

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 31.1
TYL's Price/Net Current Asset Value is ranked higher than
89% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 13.80 vs. TYL: 31.1 )
TYL' s 10-Year Price/Net Current Asset Value Range
Min: 2.9   Max: 23
Current: 31.1
2.9
23
Price/DCF (Projected) 3.4
TYL's Price/DCF (Projected) is ranked higher than
94% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 1.40 vs. TYL: 3.4 )
TYL' s 10-Year Price/DCF (Projected) Range
Min: 1   Max: 5.8
Current: 3.4
1
5.8
Price/Median PS Value 2.4
TYL's Price/Median PS Value is ranked higher than
92% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 0.80 vs. TYL: 2.4 )
TYL' s 10-Year Price/Median PS Value Range
Min: 0.3   Max: 1.8
Current: 2.4
0.3
1.8
Price/Peter Lynch Fair Value 3.9
TYL's Price/Peter Lynch Fair Value is ranked higher than
97% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 1.90 vs. TYL: 3.9 )
TYL' s 10-Year Price/Peter Lynch Fair Value Range
Min: 1.1   Max: 2.9
Current: 3.9
1.1
2.9
Earnings Yield (Greenblatt) 2.90
TYL's Earnings Yield (Greenblatt) is ranked higher than
79% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 4.80 vs. TYL: 2.90 )
TYL' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.7   Max: 9.1
Current: 2.9
0.7
9.1
Forward Rate of Return (Yacktman) 17.6
TYL's Forward Rate of Return (Yacktman) is ranked higher than
89% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 6.38 vs. TYL: 17.6 )
TYL' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -16.2   Max: 60
Current: 17.6
-16.2
60

Business Description

Tyler Technologies, Inc. was founded in 1966. The Company is a major provider of integrated information management solutions and services for the public sector, with a focus on local governments. The Company partners with clients to make local government more accessible to the public, more responsive to the needs of citizens and more efficient in its operations. It has a broad line of software solutions and services to address the information technology (IT) needs of virtually every major area of operation for cities, counties, schools and other local government entities. Most of its customers have its software installed in-house. For customers who prefer not to physically acquire the software and hardware, it provides many of its applications under subscription-based applications service provider (ASP) arrangements. It provides professional IT services to its customers, including software and hardware installation, data conversion, training and, at times, product modifications. It provides a comprehensive and flexible suite of products and services that addresses the information technology needs of cities, counties, schools and other local government entities. It derives its revenues from five primary sources: sales of software licenses; subscription-based arrangements; software services; maintenance and support; and appraisal services. It designs, develops and markets a broad range of software solutions to serve mission-critical 'back-office' functions of local governments. Many of its software applications include Internet-accessible solutions that allow for real-time public access to a variety of information or that allow the public to transact business with local governments via the Internet. The Company's software solutions and services are generally grouped in three major areas: Financial Management and Education; Courts and Justice; and Property Appraisal and Tax and Other. It also offers certain software solutions on a 'software as a service' basis for customers who do not wish to maintain, update and operate these systems or to make large up-front capital expenditures to implement these advanced technologies. Some of the competitors are Oracle Corporation, Lawson Software, Inc., SAP AG, Affiliated Computer Services, Inc. The Company is subject to U.S. federal tax as well as income tax of multiple state and local jurisdictions.
Company Website
SEC Reports
Industry: Software - Application
Compare:CRM, SQI, RHT, INTU, ADBE
Traded in other countries:TYP.Germany
» More Articles for TYL

Headlines

Articles On GuruFocus.com
Most Market Value Returns of the Buffett-Munger Model Portfolio Dec 26 2012 
Weekly CFO Buys Highlight: MPAC, STAG, FUL, MCF, TYL Oct 08 2012 
President and CEO of Tyler Tech Inc. (TYL) John S. Marr Jr. sold 50,000 shares Jun 18 2012 
5 High Growth Tech Stocks For 2012 Mar 31 2012 
Michael Dell’s Hedge Fund Reports Second Quarter Portfolio Aug 18 2011 
Michael Dell’s Hedge Fund MSD Capital Reports Q1 Portfolio May 18 2011 
Tyler Technologies Inc. (TYL) Executive VP and CFO Brian K Miller sells 2,865 Shares Mar 15 2011 
Weekly CFO Buys Highlight: CNLG, SIFID, FUL, SURG, TYL Jan 15 2011 
Tyler Technologies Inc. (TYL) President and CEO John S Jr Marr sells 50,000 Shares Dec 10 2010 
Tyler Technologies Inc. (TYL) Chairman of the Board John M Yeaman sells 13,259 Shares Dec 08 2010 

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