Financials Tyler Technologies, Inc.

Equities

TYL

US9022521051

Software

Market Closed - Nyse Other stock markets 21:00:01 06/09/2024 BST			5-day change	1st Jan Change
581.16 ^USD	-0.46%		-1.14%	+38.99%

09-03	Tyler Technologies Insider Sold Shares Worth $2,939,830, According to a Recent SEC Filing	MT
08-22	Tyler Technologies Insider Sold Shares Worth $5,785,130, According to a Recent SEC Filing	MT

Projected Income Statement: Tyler Technologies, Inc.

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	1,086	1,117	1,592	1,850	1,952	2,137	2,354	2,607
Change	-	2.78%	42.59%	16.2%	5.49%	9.47%	10.17%	10.73%
EBITDA ¹	303.4	326	435.7	475	488.4	574.9	658.7	786.4
Change	-	7.46%	33.63%	9.02%	2.83%	17.72%	14.56%	19.39%
EBIT ¹	276.2	299.5	405.5	437.1	448.1	518.7	591.8	698.9
Change	-	8.43%	35.38%	7.79%	2.51%	15.77%	14.09%	18.1%
Interest Paid ¹	-	-	-23.3	-26.66	-20.3	-5.514	-4.271	-6.6
Earnings before Tax (EBT) ¹	159.8	175	159	187.6	198.2	306.1	376.8	465.7
Change	-	9.51%	-9.18%	18%	5.67%	54.42%	23.08%	23.59%
Net income ¹	146.5	194.8	161.5	164.2	165.9	254.9	305.4	372.1
Change	-	32.96%	-17.12%	1.72%	1.02%	53.6%	19.85%	21.82%
Announcement Date	12/02/20	10/02/21	16/02/22	15/02/23	14/02/24	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2019 Q3	2019 Q4	2020 Q1	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2
Net sales ¹	275.4	288.8	276.5	271.1	285.7	283.3	294.8	404.1	459.9	433.5	456.1	468.7	473.2	452.2	471.9	504.3	494.7	480.9	512.4	541	547.1	538	561.1	594.8	603.2	593.4	616.6	658.3
Change	-	4.88%	-4.26%	-1.97%	5.41%	-0.86%	4.07%	37.07%	13.81%	-5.73%	5.21%	2.76%	0.96%	-4.43%	4.34%	6.87%	-1.9%	-2.78%	6.53%	5.59%	1.14%	-1.67%	4.29%	6.01%	1.41%	-1.63%	3.91%	6.76%
EBITDA ¹	77.1	82.19	73.16	80.7	88.94	83.23	85.65	114.7	125	110.3	119.2	119	126.9	109.8	112.5	125.5	132.5	117.9	134.6	144	150.1	148.1	154.9	164.1	168.5	164.1	173.9	189.2
Change	-	6.6%	-10.98%	10.3%	10.21%	-6.42%	2.91%	33.89%	9.02%	-11.76%	8.05%	-0.13%	6.58%	-13.44%	2.44%	11.55%	5.56%	-10.97%	14.14%	6.95%	4.25%	-1.32%	4.59%	5.93%	2.7%	-2.61%	5.96%	8.8%
EBIT ¹	70.97	73.91	66.78	74.62	81.76	76.38	78.89	107.4	116.8	102.5	110.8	110.6	117.8	97.88	102.2	115.9	122.5	107.4	121.7	132.6	135.2	129.5	135.5	148.8	152.9	147.9	150.6	165.8
Change	-	4.14%	-9.65%	11.75%	9.57%	-6.59%	3.29%	36.15%	8.71%	-12.25%	8.16%	-0.2%	6.53%	-16.92%	4.47%	13.36%	5.7%	-12.34%	13.33%	8.92%	1.98%	-4.24%	4.65%	9.83%	2.72%	-3.22%	1.8%	10.09%
Charge d'intérêts ¹	0.499	2.633	0.99	0.47	0.28	-	-	-12.2	-4.951	-4.987	-4.44	-5.998	-9.127	-7.091	-6.438	-5.744	-5.021	-3.098	-2.184	0.63	-1.084	-0.8177	-0.7265	-0.7265	-0.7265	-0.7265	-1.3	-1.3
Earnings before Tax (EBT) ¹	40.55	47.79	34.88	41.81	49.94	48.41	38.3	26.09	51.23	43.36	51.43	50.76	51.79	33.62	38.54	56.13	58.91	44.65	66.64	78.66	82.58	78.46	83.84	94.09	100.5	97.83	106	119.3
Change	-	17.85%	-27.01%	19.86%	19.43%	-3.05%	-20.9%	-31.87%	96.36%	-15.37%	18.61%	-1.3%	2.02%	-35.08%	14.64%	45.63%	4.96%	-24.21%	49.25%	18.05%	4.98%	-4.99%	6.85%	12.23%	6.85%	-2.69%	8.35%	12.55%
Net income ¹	40.39	46.79	47.55	53.89	39.28	54.09	36.98	25.53	44.17	54.78	39.98	39.95	53.23	31.08	30.88	49.13	47.01	38.9	54.17	67.74	68.43	64.68	68.59	77.47	80.95	77.64	83.15	93.6
Change	-	15.85%	1.62%	13.34%	-27.11%	37.7%	-31.64%	-30.96%	73.01%	24.03%	-27.01%	-0.1%	33.26%	-41.62%	-0.65%	59.13%	-4.31%	-17.25%	39.24%	25.05%	1.02%	-5.49%	6.05%	12.95%	4.49%	-4.1%	7.1%	12.57%
Announcement Date	30/10/19	12/02/20	29/04/20	29/07/20	04/11/20	10/02/21	28/04/21	28/07/21	27/10/21	16/02/22	27/04/22	27/07/22	26/10/22	15/02/23	26/04/23	26/07/23	01/11/23	14/02/24	24/04/24	24/07/24	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: Tyler Technologies, Inc.

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	-	-	980	777	470	46.9	-423	-1,357
Change	-	-	-	-20.71%	-39.51%	-90.02%	-1,001.92%	-420.8%
Announcement Date	12/02/20	10/02/21	16/02/22	15/02/23	14/02/24	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: Tyler Technologies, Inc.

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
CAPEX ¹	37.24	22.69	33.92	22.53	20.52	21.04	25.07	25.15
Change	-	-39.06%	49.49%	-33.58%	-8.92%	2.55%	19.14%	0.32%
Free Cash Flow (FCF) ¹	217.5	332.4	337.8	331.3	327.4	406.9	482.4	598
Change	-	52.84%	1.64%	-1.93%	-1.17%	24.27%	18.56%	23.95%
Announcement Date	12/02/20	10/02/21	16/02/22	15/02/23	14/02/24	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: Tyler Technologies, Inc.

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Profitability
EBITDA Margin (%)	27.93%	29.2%	27.36%	25.67%	25.02%	26.91%	27.98%	30.17%
EBIT Margin (%)	25.43%	26.82%	25.47%	23.63%	22.96%	24.28%	25.14%	26.81%
EBT Margin (%)	14.71%	15.68%	9.98%	10.14%	10.16%	14.33%	16.01%	17.86%
Net margin (%)	13.49%	17.45%	10.14%	8.88%	8.5%	11.93%	12.98%	14.27%
FCF margin (%)	20.02%	29.77%	21.22%	17.91%	16.78%	19.04%	20.49%	22.94%
FCF / Net Income (%)	148.43%	170.62%	209.24%	201.72%	197.34%	159.66%	157.95%	160.71%
Profitability
ROA	7.36%	9.55%	4.4%	3.49%	3.54%	6.87%	7.64%	8.95%
ROE	9.96%	12.73%	7.49%	6.64%	5.97%	10.75%	11.61%	12.66%
Financial Health
Leverage (Debt/EBITDA)	-	-	2.25x	1.63x	0.96x	0.08x	-	-
Debt / Free cash flow	-	-	2.9x	2.34x	1.44x	0.12x	-	-
Capital Intensity
CAPEX / Current Assets (%)	3.43%	2.03%	2.13%	1.22%	1.05%	0.98%	1.06%	0.96%
CAPEX / EBITDA (%)	12.27%	6.96%	7.79%	4.74%	4.2%	3.66%	3.81%	3.2%
CAPEX / FCF (%)	17.12%	6.83%	10.04%	6.8%	6.27%	5.17%	5.2%	4.21%
Items per share
Cash flow per share ¹	6.351	8.551	-	8.997	8.895	-	-	-
Change	-	34.63%	-	-	-1.13%	-	-	-
Dividend per Share ¹	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Book Value Per Share ¹	-	-	-	62.81	69.5	76.21	83.23	91.5
Change	-	-	-	-	10.64%	9.65%	9.21%	9.94%
EPS ¹	3.65	4.69	3.82	3.87	3.88	5.88	6.904	8.444
Change	-	28.49%	-18.55%	1.31%	0.26%	51.55%	17.42%	22.3%
Nbr of stocks (in thousands)	38,986	40,327	40,976	41,640	42,124	42,673	42,673	42,673
Announcement Date	12/02/20	10/02/21	16/02/22	15/02/23	14/02/24	-	-	-