Technology One (ASX:TNE) EV-to-FCF: 51.20 (As of Jul. 02, 2026) — Near Median


ASX:TNE Technology One Ltd ASX:TNE
100 GF Score
Price A$29.73
GF Value A$30.10
Valuation Fairly Valued
! 1 Warning Sign
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What is Technology One EV-to-FCF?

Technology One ASX:TNE +0.54% 100 EV-to-FCF is 51.20 as of Jul. 02, 2026, which is 0% below its 10-year median of 51.40. GuruFocus rates ASX:TNE with a GF Score™ of 100/100 and a GF Value™ of A$30.10 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,590 Software companies, Technology One ranks worse than 84.84% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Technology One's Enterprise Value is A$9,484.3 Mil. Technology One's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was A$185.2 Mil. Therefore, Technology One's EV-to-FCF for today is 51.20.

The historical rank and industry rank for Technology One's EV-to-FCF or its related term are showing as below:

ASX:TNE' s EV-to-FCF Range Over the Past 10 Years
Min: 30.61   Med: 51.4   Max: 114.05
Current: 49.96

During the past 13 years, the highest EV-to-FCF of Technology One was 114.05. The lowest was 30.61. And the median was 51.40.

ASX:TNE's EV-to-FCF is ranked worse than
84.84% of 1590 companies
in the Software industry
Industry Median: 14.255 vs ASX:TNE: 49.96

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-07-02), Technology One's stock price is A$29.73. Technology One's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was A$0.431. Therefore, Technology One's PE Ratio (TTM) for today is 68.98.


Technology One  (ASX:TNE) EV-to-FCF Explanation

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Technology One's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=29.73/0.431
=68.98

Technology One's share price for today is A$29.73.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Technology One's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was A$0.431.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Technology One EV-to-FCF Related Terms


Technology One EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Technology One's EV-to-FCF 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 EV-to-FCF Chart

Technology One Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 57.06 43.52 46.80 62.95 65.50

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
EV-to-FCF 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 0.00 62.95 0.00 65.50 0.00

ASX:TNE vs UBER, SHOP, CRM: EV-to-FCF Comparison

For the Software - Application subindustry, Technology One's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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-FCF vs Software Industry

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

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


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

Technology One's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=9484.276/185.246
=51.20

Technology One's current Enterprise Value is A$9,484.3 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Technology One's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was A$185.2 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 EV-to-FCF →
What does a EV-to-FCF of 51.20 mean?
Technology One (ASX:TNE) has a EV-to-FCF of 51.20 as of Jul. 02, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Technology One and its competitors. This is near median its historical median of 51.40. Over the past decade, Technology One's EV-to-FCF has ranged from 30.61 to 114.05. According to the industry distribution chart, Technology One ranks #1349 out of 1590 companies in the Software industry, placing it in the top 84.8%.
Is Technology One's EV-to-FCF too high?
Technology One's current EV-to-FCF of 51.20 is near median its 10-year median of 51.40. Over the past 10 years, this metric has ranged from a low of 30.61 to a high of 114.05. The Software industry median EV-to-FCF is 14.26. Technology One's value of 51.20 is 259.2% above this industry median. Based on the distribution chart, Technology One ranks #1349 out of 1590 companies in the Software industry, which is in the bottom quartile relative to peers. 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 EV-to-FCF compare to UBER and SHOP?
According to the Software industry distribution chart, Technology One ranks #1349 out of 1590 companies for EV-to-FCF. This places Technology One in the lower half of its industry. The industry median EV-to-FCF is 14.26. Technology One's value of 51.20 is 259.2% above this benchmark. Historically, Technology One's own EV-to-FCF has ranged from 30.61 to 114.05 over the past decade. While the company's 10-year median is 51.40 vs. the industry median of 14.26, Technology One has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for a Software company?
The median EV-to-FCF among Software companies is 14.26, based on 1,590 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Technology One's current EV-to-FCF of 51.20 is 259.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Technology One and its competitors. For the Software industry, the median EV-to-FCF is 14.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Technology One's current EV-to-FCF is 51.20, which is near median its own 10-year median of 51.40. 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$30.10, compared to a current price of A$29.73 — trading 1.2% below its estimated fair value. The current EV-to-FCF is 51.20, which is near median its 10-year median of 51.40 and 259.2% above the Software industry median of 14.26. 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 EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Technology One (ASX:TNE), the current EV-to-FCF is 51.20 as of Jul. 02, 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$29.73 is trading 1.2% below its estimated GF Value™ of A$30.10. GuruFocus considers Technology One to be Fairly Valued.

Key valuation signals for ASX:TNE:

  • EV-to-FCF: 51.20 (near median its 10-year median of 51.40)
  • GF Value™: A$30.10 vs. price of A$29.73 (1.2% below fair value)
  • GF Score™: 100/100 with 1 warning sign
  • Industry Position: 259.2% above the Software median (#1349 of 1590)

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

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

A$29.73
Price
A$30.10
GF Value