0.46%
4.34%
-0.65%
5.90%
42.32%
26.98%
85.87%
AI Spotlight on TYL
Company Description
Tyler Technologies, Inc.provides integrated information management solutions and services for the public sector.The company operates in three segments: Enterprise Software; Appraisal and Tax; and NIC.
It offers financial management solutions, including modular fund accounting systems for government agencies or not-for-profit entities; utility billing systems for the billing and collection of metered and non-metered services; products to automate city and county functions, such as municipal courts, parking tickets, equipment and project costing, animal and business licenses, permits and inspections, code enforcement, citizen complaint tracking, ambulance billing, fleet maintenance, and cemetery records management; and student information and transportation solutions for K-12 schools.The company also provides a suite of judicial solutions comprising court case management, court and law enforcement, prosecutor, and supervision systems to handle multi-jurisdictional county or statewide implementations, and single county systems; public safety software solutions; systems and software to automate the appraisal and assessment of real and personal property, as well as tax applications for agencies that bill and collect taxes; planning, regulatory, and maintenance software solutions for public sector agencies; software applications to enhance and automate operations involving records and document management; and data and insights solutions.In addition, it offers software as a service arrangements and electronic document filing solutions for courts and law offices; software and hardware installation, data conversion, training, product modification, and maintenance and support services; and property appraisal outsourcing services for taxing jurisdictions.
The company has a strategic collaboration agreement with Amazon Web Services for cloud hosting services.Tyler Technologies, Inc.was founded in 1966 and is headquartered in Plano, Texas.
Market Data
| Last Price | 601.64 |
| Change Percentage | 0.46% |
| Open | 598.72 |
| Previous Close | 598.89 |
| Market Cap ( Millions) | 25749 |
| Volume | 272427 |
| Year High | 638.56 |
| Year Low | 397.8 |
| M A 50 | 599.91 |
| M A 200 | 552.34 |
Financial Ratios
| FCF Yield | 1.91% |
| Dividend Yield | 0.00% |
| ROE | 7.66% |
| Debt / Equity | 19.60% |
| Net Debt / EBIDTA | 23.51% |
| Price To Book | 7.85 |
| Price Earnings Ratio | 108.57 |
| Price To FCF | 52.22 |
| Price To sales | 12.39 |
| EV / EBITDA | 58.7 |
News
- Jan -31 - Tyler Technologies Acquires MyGov
- Jan -30 - Tyler Technologies Schedules Fourth Quarter 2024 Earnings Conference Call and Webcast
- Jan -21 - Tyler Technologies Named to America's Greatest Workplaces for Inclusion & Diversity 2025 List
- Jan -16 - Why Tyler Technologies (TYL) is Poised to Beat Earnings Estimates Again
- Jan -09 - Tyler Technologies to Participate in January and February Investor Conferences
- Jan -06 - Tyler Technologies Announces C-Suite Leadership Changes
- Jan -03 - Zacks Industry Outlook Cognizant, Tyler, Guidewire and Q2 Holdings
- Jan -02 - 4 Stocks to Watch From the Robust Business-Software Services Industry
- Dec -31 - Tyler Surges 39% YTD: How Should Investors Play the Stock?
- Dec -19 - Tyler Technologies' State Partners Receive 2024 Government Experience Awards from the Center for Digital Government
- Dec -17 - Tyler Technologies Named a Top Workplace in Troy, Michigan
- Dec -12 - Tyler Technologies Named to Forbes' America's Dream Employers 2025 List
- Dec -05 - Illinois Department of Financial and Professional Regulation Optimizes Licensing Process With New Regulatory Platform From Tyler Technologies
- Nov -21 - Tyler Technologies' Plano Office Named a Top Workplace in North Texas
- Nov -18 - Time to Buy These Up-and-Coming Software Firms?
- Nov -15 - TYL, CourtCall Team Up to Grow in Legal Space: How to Play the Stock
- Nov -14 - CourtCall Announces Multi-Year Agreement with Tyler Technologies to Expand Delivery of Remote Collaboration Platform, Increasing Access to Justice
- Nov -07 - Tyler Technologies Announces 2024 Veterans Service Officers Excellence Award Winners
- Nov -06 - Tyler Technologies to Participate in November and December Investor Conferences
- Nov -02 - Companies brace for Tuesday: Mentions of election surge on company conference calls
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Enterprise Software
Expected Growth : 10 %
What the company do ?
Tyler Technologies' Enterprise Software provides a comprehensive suite of solutions for local governments, schools, and other public sector entities to manage their operations, finances, and services.
Why we expect these perspectives ?
Tyler Technologies' 10% growth in Enterprise Software is driven by increasing demand for digital transformation in the public sector, expansion into new markets, and strategic acquisitions. The company's cloud-based solutions, such as Odyssey and EnerGov, are experiencing high adoption rates, while its data analytics and artificial intelligence capabilities are enhancing customer engagement and retention.
Segment n°2 -> Platform Technologies
Expected Growth : 8 %
What the company do ?
Platform Technologies from Tyler Technologies, Inc. provides a suite of software solutions for local governments, schools, and other public sector entities to manage their operations efficiently.
Why we expect these perspectives ?
Tyler Technologies' Platform Technologies segment growth is driven by increasing demand for cloud-based software solutions, expansion into new markets, and strategic acquisitions. The segment benefits from the growing need for digital transformation in the public sector, driving adoption of its civic services, courts, and justice solutions. Additionally, the company's focus on innovation and R&D investments in emerging technologies such as AI and blockchain further supports growth.
Segment n°3 -> Corporate
Expected Growth : 7 %
What the company do ?
Tyler Technologies, Inc. is a software company providing integrated technology solutions for the public sector, including courts, justice, and public safety.
Why we expect these perspectives ?
Tyler Technologies' 7% corporate growth is driven by increasing demand for cloud-based software solutions, strategic acquisitions, and expansion into new markets. The company's focus on digital transformation, cybersecurity, and data analytics also contributes to its growth. Additionally, Tyler's strong brand reputation, high customer retention rates, and cross-selling opportunities further support its corporate growth.
Tyler Technologies, Inc. Products
| Product Range | What is it ? |
|---|---|
| Munis | A comprehensive ERP system designed for local governments, providing a range of modules for financial management, human resources, and utility billing. |
| Incode | A suite of software solutions for courts and justice agencies, offering case management, court administration, and probation management capabilities. |
| EnerGov | A permitting, licensing, and regulatory management solution for governments, enabling efficient permitting, inspections, and code enforcement. |
| New World ERP | A comprehensive ERP system designed for local governments, providing financial management, human resources, and community development capabilities. |
| Tyler Public Safety | A suite of software solutions for public safety agencies, offering computer-aided dispatch, records management, and mobile data access. |
| Socrata | A data-as-a-service platform for governments, providing data sharing, analytics, and visualization capabilities. |
Tyler Technologies, Inc.'s Porter Forces
Threat Of Substitutes
Tyler Technologies, Inc. operates in a niche market, providing software solutions to the public sector. While there are some substitutes available, they are not as comprehensive as Tyler's offerings, reducing the threat of substitutes.
Bargaining Power Of Customers
Tyler Technologies, Inc.'s customers are primarily government agencies, which have limited bargaining power due to their reliance on Tyler's specialized software solutions.
Bargaining Power Of Suppliers
Tyler Technologies, Inc. has a diversified supplier base, reducing its dependence on any single supplier. Additionally, the company's software-centric business model reduces its reliance on physical components, further minimizing the bargaining power of suppliers.
Threat Of New Entrants
The public sector software market has high barriers to entry, including significant investment requirements and complex regulatory hurdles. This limits the threat of new entrants and provides a competitive advantage to established players like Tyler Technologies, Inc.
Intensity Of Rivalry
The public sector software market is moderately competitive, with a few established players competing for market share. While there is some rivalry, the market is not overly saturated, and Tyler Technologies, Inc. has a strong market position.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 18.28% |
| Debt Cost | 4.05% |
| Equity Weight | 81.72% |
| Equity Cost | 7.71% |
| WACC | 7.04% |
| Leverage | 22.36% |
Tyler Technologies, Inc. : Quality Control
Tyler Technologies, Inc. passed 4 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| PCTY | Paylocity Holding Corporation provides cloud-based human capital management and payroll software solutions for workforce in the United States. The company offers Payroll and Tax Services solution to simplifies payroll, automates … |
| MANH | Manhattan Associates, Inc. develops, sells, deploys, services, and maintains software solutions to manage supply chains, inventory, and omni-channel operations. It offers Manhattan SCALE, a portfolio of logistics execution solutions that … |
| DUOL | Duolingo, Inc. develops a language-learning website and mobile app in the United States and China. The company offers courses in 40 different languages, including Spanish, English, French, Japanese, German, Italian, … |
| CWAN | Clearwater Analytics Holdings, Inc. develops and provides a Software-as-a-Service solution for automated investment data aggregation, reconciliation, accounting, and reporting services to insurers, investment managers, corporations, institutional investors, and government entities. … |
| AZPN | Aspen Technology, Inc. provides enterprise asset performance management, asset performance monitoring, and asset optimization solutions worldwide. The company's solutions address complex environments where it is critical to optimize the asset … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Tyler Technologies
A-Score
1-Year Total Return ->
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Aspen Technology
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1-Year Total Return ->
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Paylocity
A-Score
1-Year Total Return ->
4
Manhattan Associates
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1-Year Total Return ->
5
Duolingo
A-Score
1-Year Total Return ->
6
