NYSE
TYL
Last Price
US $292.46
KEY FIGURES
MKT CAP
$12.4B
EPS
TTM
$7.39
PEG
TTM
4.76x
P/E
TTM
40.11x
P/S
TTM
5.32x
YIELD
0.00%
GROWTH
Revenue Y/Y
Profit margin
Current Ratio
Capital Returns
8.71%
Return on equity
ROIC: 7.68%
Valuation History
40.1X
Price to Earnings
EV/EBITDA: 23.2X
Cash flow
Profit margin
15.87%
(FY vs FY)
EBITDA Y/Y
16.17%
(FY vs FY)
Cash flow Y/Y
14.31%
(FY vs FY)
Cash Flow (DCF)
Fair Value
Market $292.46
-7.28%
Default assumptions
EBITDA Multiple
Fair Value
Market $292.46
-69.15%
Default assumptions
Base valuations use default assumptions. Customize in the Valuator.
Valuation
Financial
Performance
Financial stability - Cash flow debt coverage.
Tyler Technologies, Inc. cash flow to debt ratio of 96.68% indicates that the company generates enough cash to cover a substantial portion of its debt. This level indicates very strong financial health.
Financial stability - Healthy cash flow growth.
Tyler Technologies, Inc.'s free cash flow has increased 5.53% from $604.10M last year to $637.53M, signaling increasing performance
Financial stability - Healthy debt to equity ratio.
Tyler Technologies, Inc.'s debt to equity ratio is 0.01, which means that the company's assets are healthy financed, signaling financial stability. READ MORE: A ratio under 0.60 means the company finances its assets with own equity, signaling financial stability and good management.
Financial stability - Healthy debt to equity ratio development.
Tyler Technologies, Inc.'s debt has decreased relative to shareholder equity from 0.19 last year to 0.01 today, signaling strengthened financials
Financial stability - Net debt/EBITDA.
Tyler Technologies, Inc. has a net debt to EBITDA ratio of 0.00x, which is below the 3.00x threshold, indicating healthy leverage and financial stability
Financial stability - ICR.
Tyler Technologies, Inc.'s interest coverage ratio of 76.49 indicates that earnings with good margin can cover interest payments on company debt
Financial stability - Profit margin growth.
Tyler Technologies, Inc.'s profit margin has increased (7.79%) in the last year from 12.30% to 13.26%, signaling increasing performance
Financial stability - Short term assets vs short term liabilities.
Tyler Technologies, Inc.'s short-term assets of $1.84G exceed its short-term liabilities of $1.76G
Increasing performance - ROA.
Tyler Technologies, Inc.'s return on assets of 6.58% is higher than the 5.00% threshold, indicating efficient asset utilization
Decreasing performance - Absolute return on equity.
Tyler Technologies, Inc.'s return on equity of 8.71%, is lower than 15.00%, indicating bad performance
Increasing performance - Earnings quality.
Tyler Technologies, Inc.'s operating cash flow exceeds its net income, indicating high-quality earnings backed by actual cash generation
Increasing performance - Earnings stability.
Tyler Technologies, Inc. had positive net income in 5.00 out of 5 years, indicating stable and consistent earnings
Increasing performance - Free cash flow.
Tyler Technologies, Inc. has positive free cash flow, indicating the company generates cash after capital expenditures
Increasing performance - FCF yield.
Tyler Technologies, Inc. has a free cash flow yield of 5.14%, which is above the 2.00% threshold, indicating strong cash generation relative to market value
Increasing performance - Healthy earnings growth.
Tyler Technologies, Inc.'s yearly earnings has increased 19.99% since last year from $263.03M to $315.60M, signaling increasing performance
Increasing performance - Healthy revenue growth.
Tyler Technologies, Inc.'s yearly revenue has increased 9.10% since last year from $2.14G to $2.33G, signaling increasing performance
Increasing performance - ROIC.
ROIC 7.68% (Source: FMP key-metrics). In the 5–10% partial-credit band. Score: 1 of 2. This band sits within the typical US weighted-average cost of capital range. Methodology choice can change the conclusion: under FMP's invested-capital definition the company is at or near its cost of capital; under narrower operating-capital definitions the same company may score higher. Invested capital here includes equity, non-current liabilities, and short-term debt. Cash is not subtracted. See methodology.
Increasing performance - 3-year revenue CAGR.
Tyler Technologies, Inc.'s 3-year revenue CAGR of 8.02% is positive, indicating growing revenue over the past 3 years
Increasing performance - Revenue consistency.
Tyler Technologies, Inc. had revenue growth in 5.00 out of 5 years, indicating consistent revenue performance
Increasing performance - ROE consistency.
Tyler Technologies, Inc. had positive ROE in 5.00 out of 5 years, indicating consistent and reliable returns on equity
Overvalued - DCF valuation.
Tyler Technologies, Inc. is overvalued relative to its fair value price of 271.16 based on Discounted Cash Flow model
Overvalued - Earnings yield.
Tyler Technologies, Inc. has an earnings yield of 2.51%, which is below the 4.00% threshold, indicating the stock may be expensive relative to its earnings
Overvalued - EBITDA valuation.
Tyler Technologies, Inc. is overvalued relative to its fair value price of 90.23 based on EBITDA multiple model
Overvalued - EV/EBITDA.
Tyler Technologies, Inc. has an EV/EBITDA ratio of 23.20x, which exceeds the 20.00x threshold, indicating the stock may be overvalued relative to its operating earnings
Overvalued - PEG ratio value.
Tyler Technologies, Inc. has a PEG-ratio over 1 which is considered overvalued
Undervalued - P/B ratio.
Tyler Technologies, Inc. has a price-to-book ratio of 3.54x, which is below the 5.00x threshold, indicating reasonable valuation relative to its book value
Undervalued - P/S ratio.
Tyler Technologies, Inc. has a price-to-sales ratio of 5.21x, which is below the 8.00x threshold, indicating reasonable valuation relative to its revenue