This ASX 200 tech share is materially undervalued Goldman Sachs - The Motley Fool Australia
| TNE Stock | 30.14 0.66 2.14% |
Slightly above 61% of Technology One's investor base is looking to short. The analysis of the overall prospects from investing in Technology One suggests that many traders are, at the present time, alarmed. Technology One's investing sentiment can be driven by a variety of factors including economic data, Technology One's earnings reports, geopolitical events, and overall market trends.
Technology |
This ASX 200 tech share is materially undervalued Goldman Sachs The Motley Fool Australia
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Technology One Fundamental Analysis
We analyze Technology One's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Technology One using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Technology One based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Earnings Per Share
Earnings Per Share Comparative Analysis
Technology One is currently under evaluation in earnings per share category among its peers. Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
Technology One Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Technology One stock to make a market-neutral strategy. Peer analysis of Technology One could also be used in its relative valuation, which is a method of valuing Technology One by comparing valuation metrics with similar companies.
Peers
Technology One Related Equities
| MFD | Mayfield Childcare | 8.89 | ||||
| AHC | Austco Healthcare | 3.33 | ||||
| CKF | Collins Foods | 1.10 | ||||
| PNI | Pinnacle Investment | 1.91 | ||||
| HCW | Healthco Healthcare | 2.04 |
Additional Tools for Technology Stock Analysis
When running Technology One's price analysis, check to measure Technology One's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Technology One is operating at the current time. Most of Technology One's value examination focuses on studying past and present price action to predict the probability of Technology One's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Technology One's price. Additionally, you may evaluate how the addition of Technology One to your portfolios can decrease your overall portfolio volatility.