NYSE
TYL
Last Price
US $328.95
KEY FIGURES
MKT CAP
$13.5B
EPS
TTM
$7.81
EPS Growth (1Y)
19.01%
PEG
TTM
4.71x
P/E
TTM
42.12x
P/S
TTM
5.63x
YIELD
-
GROWTH (5Y CAGR)
Profit margin
Current Ratio
Capital Returns
9.34%
Return on equity
ROIC: 6.11%
Valuation History
43.1X
Price to Earnings
EV/EBITDA: 29.4X
Cash flow
Profit margin
Revenue
15.87%
EBITDA
16.17%
Cash flow
14.31%
Cash Flow (DCF)
Fair Value
Market $328.95
-17.57%
Default assumptions
EBITDA Multiple
Fair Value
Market $328.95
-72.57%
Default assumptions
Base valuations use default assumptions. Customize in the Valuator.
Valuation
Financial
Performance
Cash flow to 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.
Free 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
Debt-to-equity ratio
Tyler Technologies, Inc.'s debt to equity ratio is 0.48, which means that the company's assets are healthy financed, signaling financial stability.
Debt-to-equity trend
Tyler Technologies, Inc.'s debt has increased relative to shareholder equity from 0.19 last year to 0.48 today, signaling weakened financials
Net debt to EBITDA
Tyler Technologies, Inc. has a net cash position, so leverage is healthy.
Interest coverage
Tyler Technologies, Inc.'s interest coverage ratio of 56.35 indicates that earnings with good margin can cover interest payments on company debt
Profit margin growth
Tyler Technologies, Inc.'s profit margin has increased (8.59%) in the last year from 12.30% to 13.36%, signaling increasing performance
Current ratio
Tyler Technologies, Inc.'s short-term assets of $1.84B exceed its short-term liabilities of $1.76B
Return on assets
Tyler Technologies, Inc.'s return on assets of 5.58% is higher than the 5.00% threshold, indicating efficient asset utilization
Return on equity
Tyler Technologies, Inc.'s return on equity of 9.34%, is lower than 15.00%, indicating bad performance
Earnings quality
Tyler Technologies, Inc.'s operating cash flow exceeds its net income, indicating high-quality earnings backed by actual cash generation
Earnings stability
Tyler Technologies, Inc. had positive net income in 5 out of 5 years, indicating stable and consistent earnings
Positive free cash flow
Tyler Technologies, Inc. has positive free cash flow, indicating the company generates cash after capital expenditures
Free cash flow yield
Tyler Technologies, Inc. has a free cash flow yield of 4.89%, which is above the 2.00% threshold, indicating strong cash generation relative to market value
Earnings growth
Tyler Technologies, Inc.'s yearly earnings has increased 19.99% since last year from $263.03M to $315.60M, signaling increasing performance
Revenue growth
Tyler Technologies, Inc.'s yearly revenue has increased 9.10% since last year from $2.14B to $2.33B, signaling increasing performance
Return on invested capital
ROIC 6.11% (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.
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
Revenue consistency
Tyler Technologies, Inc. had revenue growth in 5 out of 5 years, indicating consistent revenue performance
Return on equity consistency
Tyler Technologies, Inc. had positive ROE in 5 out of 5 years, indicating consistent and reliable returns on equity
Cash Flow Valuation (DCF)
Tyler Technologies, Inc. is overvalued relative to its fair value price of 271.16 based on Discounted Cash Flow model
Earnings yield (TTM)
Tyler Technologies, Inc. has an earnings yield of 2.45%, which is below the 4.00% threshold, indicating the stock may be expensive relative to its earnings
EBITDA Valuation
Tyler Technologies, Inc. is overvalued relative to its fair value price of 90.23 based on EBITDA multiple model
EV/EBITDA (FY)
Tyler Technologies, Inc. has an EV/EBITDA ratio of 23.25x, which exceeds the 20.00x threshold, indicating the stock may be overvalued relative to its operating earnings
PEG ratio (TTM/FY)
Tyler Technologies, Inc. has a PEG-ratio over 1 which is considered overvalued
Price-to-book ratio (FY)
Tyler Technologies, Inc. has a price-to-book ratio of 4.36x, which is below the 5.00x threshold, indicating reasonable valuation relative to its book value
Price-to-sales ratio (TTM)
Tyler Technologies, Inc. has a price-to-sales ratio of 5.45x, which is below the 8.00x threshold, indicating reasonable valuation relative to its revenue