1-Star Price
INVESTOR
5-Star Price
INVESTOR
Economic Moat
INVESTOR
Capital Allocation
INVESTOR
We view Tyler Technologies as the clear leader in a slow-moving and underserved niche market of government operational software. We believe there is a decadelong runway for normalized top-line growth near 10% at Tyler, especially as demand for SaaS accelerates and the need to modernize local governments’ legacy enterprise resource planning systems intensifies.
Tyler Technologies provides a full suite of software solutions and services that address the needs of cities, counties, schools, courts and other local government entities. The company’s three core products are Munis, which is the core ERP system, Odyssey, which is the court management system, or CMS, and payments. The company also provides a variety of add-on modules and offers outsourced property tax assessment services.
Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of TYL’s competitive advantage.
Tyler Technologies Inc
XNYS: TYL
| Microsoft Corp
XNAS: MSFT
| Oracle Corp
XNYS: ORCL
| SAP SE
XETR: SAP
| |
Price
| 388.67 | 326.79 | 109.85 | 123.20 |
Currency
| USD | USD | USD | EUR |
Change
| −$0.80 (0.21%) | +$1.53 (0.47%) | +$2.37 (2.21%) | −$0.40 (0.32%) |
Market Cap
| 16.30 Bil | 2.43 Tril | 296.57 Bil | 143.79 Bil |
Industry
| Software - Application | Software - Infrastructure | Software - Infrastructure | Software - Application |
Sector
|
Technology
|
Technology
|
Technology
|
Technology
|
* Trading data in this section is delayed by at least 15 minutes.
No. TYL does not currently have a forward dividend yield.
Dividend yield allows investors, particularly those interested in dividend-paying stocks,
to compare the relationship between a stock’s price and how it rewards stockholders through dividends.
The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.
Learn more about dividend yield.
TYL’s market cap is 16.30 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares.
It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the
largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.
Learn more about market capitalization.
TYL’s stock style is Mid Growth.
Style is an investment factor that has a meaningful impact on investment risk and returns.
Style is calculated by combining value and growth scores, which are first individually calculated.
High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.
Learn more about style.
TYL’s price/sales is 8.83.
Price/sales represents the amount an investor is willing to pay for a dollar generated from
a particular company’s sales or revenues.
TYL’s price/forward earnings is 106.19.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates.
The lower the Forward P/E, the cheaper the stock.
TYL’s price/book is 6.06.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets,
based on historical, rather than current, valuations. Historical valuations generally do not reflect
a company’s current market value. Value investors frequently look for companies that have low price/book ratios.
See TYL’s valuation ratios compared to the Market Index.
TYL’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.
Compare TYL’s historical performance against its industry peers and the overall market.
