Reckon Ltd
ASX:RKN
Intrinsic Value
Reckon Ltd. engages in delivering market solutions to accountants, bookkeepers, legal professionals, and small to medium-sized businesses. [ Read More ]
The intrinsic value of one RKN stock under the Base Case scenario is 1.092 AUD. Compared to the current market price of 0.545 AUD, Reckon Ltd is Undervalued by 50%.
Valuation Backtest
Reckon Ltd
Run backtest to discover the historical profit from buying and selling RKN stocks based on their intrinsic value.
Analyze the historical link between intrinsic value and market price to make more informed investment decisions.
Fundamental Analysis
Balance Sheet Decomposition
Reckon Ltd
Current Assets | 5.3m |
Cash & Short-Term Investments | 975k |
Receivables | 2.3m |
Other Current Assets | 2m |
Non-Current Assets | 35.9m |
PP&E | 1.7m |
Intangibles | 32.1m |
Other Non-Current Assets | 2.2m |
Current Liabilities | 12.1m |
Accounts Payable | 2.8m |
Accrued Liabilities | 1.8m |
Other Current Liabilities | 7.4m |
Non-Current Liabilities | 9.5m |
Long-Term Debt | 4m |
Other Non-Current Liabilities | 5.6m |
Earnings Waterfall
Reckon Ltd
Revenue
|
53.4m
AUD
|
Cost of Revenue
|
-7.7m
AUD
|
Gross Profit
|
45.7m
AUD
|
Operating Expenses
|
-40.4m
AUD
|
Operating Income
|
5.3m
AUD
|
Other Expenses
|
261k
AUD
|
Net Income
|
5.6m
AUD
|
Free Cash Flow Analysis
Reckon Ltd
RKN Profitability Score
Profitability Due Diligence
Reckon Ltd's profitability score is 66/100. The higher the profitability score, the more profitable the company is.
Score
Reckon Ltd's profitability score is 66/100. The higher the profitability score, the more profitable the company is.
RKN Solvency Score
Solvency Due Diligence
Reckon Ltd's solvency score is 52/100. The higher the solvency score, the more solvent the company is.
Score
Reckon Ltd's solvency score is 52/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
RKN Price Targets Summary
Reckon Ltd
According to Wall Street analysts, the average 1-year price target for RKN is 0.75 AUD with a low forecast of 0.657 AUD and a high forecast of 0.861 AUD.
Shareholder Return
RKN Price
Reckon Ltd
Average Annual Return | 17.72% |
Standard Deviation of Annual Returns | 9.14% |
Max Drawdown | -54% |
Market Capitalization | 61.7m AUD |
Shares Outstanding | 113 295 000 |
Percentage of Shares Shorted |
N/A
|
Company Profile
Country
Industry
Market Cap
Dividend Yield
Description
Reckon Ltd. engages in delivering market solutions to accountants, bookkeepers, legal professionals, and small to medium-sized businesses. The company is headquartered in North Sydney, New South Wales. The firm operates through three divisions, Business Group, Practice Management Accountants Group, and Practice Management Legal Group. The Business Group division is engaged in the development, distribution and support of business accounting and personal financial software, as well as related products and services. Products sold in this division include Reckon Accounts and Reckon One. The Practice Management Accountants Group division is engaged in the development, distribution and support of practice management, tax, client accounting and related software and services under the APS and Elite brands. The Practice Management Legal Group division is engaged in the development, distribution and support of cost recovery, cost management, scan and cloud-based integration platforms under the nQ Zebraworks brand.
Contact
IPO
Employees
Officers
The intrinsic value of one RKN stock under the Base Case scenario is 1.092 AUD.
Compared to the current market price of 0.545 AUD, Reckon Ltd is Undervalued by 50%.