Technology OneASX:TNE +2.45%100 Net Margin % is 20.98% as of Mar. 2026, which is 5% below its 10-year median of 22.05. 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. Among 2,825 Software companies, Technology One ranks better than 91.89% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Technology One's Net Income for the
six
months ended in Mar. 2026 was A$66.8 Mil. Technology One's Revenue for the
six
months ended in Mar. 2026 was A$318.4 Mil. Therefore, Technology One's net margin for the quarter that ended in Mar. 2026 was 20.98%.
The historical rank and industry rank for Technology One's Net Margin % or its related term are showing as below:
ASX:TNE'
s Net Margin % Range Over the Past 10 Years
Min: 16.38 Med: 22.05 Max: 24.13
Current: 22.41
ASX:TNE's Net Margin % is ranked better than 91.89% of 2825
companies
in the Software industry
Industry Median: 2.54
vs ASX:TNE: 22.41
Technology One (ASX:TNE) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Technology One Net Margin % Related Terms
Technology One Net Margin % Historical Data
* Premium members only.
The historical data trend for Technology One's Net Margin % 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.
ASX:TNE vs CRM, SHOP, UBER: Net Margin % Comparison
For the Software - Application subindustry, Technology One's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Software Industry
For the Software industry and Technology sector, Technology One's Net Margin % distribution charts can be found below:
* The bar in red indicates where Technology One's Net Margin % falls into.
* 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 (ASX:TNE) has a Net Margin % of 20.98% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Technology One and its competitors. This is near median its historical median of 22.05. Over the past decade, Technology One's Net Margin % has ranged from 16.38 to 24.13. According to the industry distribution chart, Technology One ranks #229 out of 2825 companies in the Software industry, placing it in the top 8.1%.
Is Technology One's Net Margin % too high?
Technology One's current Net Margin % of 20.98% is near median its 10-year median of 22.05. Over the past 10 years, this metric has ranged from a low of 16.38 to a high of 24.13. The Software industry median Net Margin % is 2.54. Technology One's value of 20.98% is 726% above this industry median. Based on the distribution chart, Technology One ranks #229 out of 2825 companies in the Software industry, which is in the top quartile — a strong position 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 Net Margin % compare to CRM and SHOP?
According to the Software industry distribution chart, Technology One ranks #229 out of 2825 companies for Net Margin %. This places Technology One in the top 8% of its industry — outperforming the majority of peers. The industry median Net Margin % is 2.54. Technology One's value of 20.98% is 726% above this benchmark. Historically, Technology One's own Net Margin % has ranged from 16.38 to 24.13 over the past decade. While the company's 10-year median is 22.05 vs. the industry median of 2.54, 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 Net Margin % for a Software company?
The median Net Margin % among Software companies is 2.54, based on 2,825 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Technology One's current Net Margin % of 20.98% is 726% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Technology One and its competitors. For the Software industry, the median Net Margin % is 2.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Technology One's current Net Margin % is 20.98%, which is near median its own 10-year median of 22.05. 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 Net Margin % is 20.98%, which is near median its 10-year median of 22.05 and 726% above the Software industry median of 2.54. 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 Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Technology One (ASX:TNE), the current Net Margin % is 20.98% 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:
Net Margin %: 20.98% (near median its 10-year median of 22.05)
GF Value™: A$30.00 vs. price of A$28.41 (5.3% below fair value)
Industry Position: 726% above the Software median (#229 of 2825)
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 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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