Technology One (ASX:TNE) EBIT: A$192.0 Mil (TTM As of Mar. 2026)


ASX:TNE Technology One Ltd ASX:TNE
100 GF Score
Price A$28.41
GF Value A$30.00
Valuation Fairly Valued
! 1 Warning Sign
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What is Technology One EBIT?

Technology One ASX:TNE +2.45% 100 EBIT is A$192.0 Mil as of Mar. 2026. GuruFocus rates ASX:TNE with a GF Score™ of 100/100 and a GF Value™ of A$30.00 (Fairly Valued). The stock has 1 warning sign investors should review.

Technology One's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was A$90.7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was A$192.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Technology One's annualized ROC % for the quarter that ended in Mar. 2026 was 17.09%. Technology One's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 316.18%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Technology One's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 2.11%.


Technology One  (ASX:TNE) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Technology One's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=172.8 * ( 1 - 25% )/( (796.621 + 720.353)/ 2 )
=129.6/758.487
=17.09 %

where

Invested Capital(Q: Sep. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=891.402 - 40.913 - ( 319.641 - max(0, 392.036 - 445.904+319.641))
=796.621

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=814.846 - 52.536 - ( 245.46 - max(0, 340.088 - 382.045+245.46))
=720.353

Note: The Operating Income data used here is two times the semi-annual (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Technology One's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=181.324/( ( (59.755 + max(-261.397, 0)) + (54.94 + max(-198.027, 0)) )/ 2 )
=181.324/( ( 59.755 + 54.94 )/ 2 )
=181.324/57.3475
=316.18 %

where Working Capital is:

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(57.938 + 0 + 65.461) - (40.913 + 312.932 + 30.951)
=-261.397

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(65.54 + 0 + 71.045) - (52.536 + 0 + 282.076)
=-198.027

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Technology One's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=191.993/9104.528
=2.11 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Technology One EBIT Related Terms


Technology One EBIT Historical Data

* Premium members only.

The historical data trend for Technology One's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Technology One EBIT Chart

Technology One Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 99.34 114.16 131.98 155.52 185.06

Technology One Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 62.49 93.03 83.73 101.33 90.66

ASX:TNE vs CRM, SHOP, UBER: EBIT Comparison

For the Software - Application subindustry, Technology One's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Technology One EV-to-EBIT vs Software Industry

For the Software industry and Technology sector, Technology One's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Technology One's EV-to-EBIT falls into.


ASX:TNE
100GF Score
Technology One Ltd ASX:TNE
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Technology One EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$192.0 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of A$192.0 Mil mean?
Technology One (ASX:TNE) has a EBIT of A$192.0 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Technology One.
Is Technology One's EBIT too high?
Technology One's current EBIT is A$192.0 Mil. Overall, Technology One has a GF Score™ of 100/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Technology One's EBIT compare to CRM and SHOP?
Technology One's EBIT of A$192.0 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Software company?
A good EBIT depends on the Software industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Technology One. Technology One's current EBIT is A$192.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Technology One stock overvalued right now?
Based on GuruFocus' analysis, Technology One (ASX:TNE) is currently considered Fairly Valued. The stock's GF Value™ is A$30.00, compared to a current price of A$28.41 — trading 5.3% below its estimated fair value. The current EBIT is A$192.0 Mil. Technology One's overall GF Score™ is 100/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Technology One (ASX:TNE), the current EBIT is A$192.0 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Technology One (ASX:TNE) Overvalued in 2026?

Based on GuruFocus' analysis, Technology One stock appears to be undervalued. The current stock price of A$28.41 is trading 5.3% below its estimated GF Value™ of A$30.00. GuruFocus considers Technology One to be Fairly Valued.

Key valuation signals for ASX:TNE:

  • EBIT: A$192.0 Mil
  • GF Value™: A$30.00 vs. price of A$28.41 (5.3% below fair value)
  • GF Score™: 100/100 with 1 warning sign

No single metric tells the full story. See the ASX:TNE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Technology One Business Description

Other Exchanges THNOF:USARW8:Germany
Address 540 Wickham Street, Level 11, Fortitude Valley, Brisbane, QLD, AUS, 4006
Technology One is a technology company providing enterprise resource planning software, primarily to governmental organizations, education institutions, and healthcare organizations in Australia, New Zealand, and the United Kingdom. Over the past three decades, Technology One has successfully carved out its niche, boasting dominant market shares in some of its key verticals, world-leading annual customer retention rates of over 99%, and a consistently growing number of products used per customer.
100GF Score

Get the complete analysis for ASX:TNE

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$28.41
Price
A$30.00
GF Value