Reckon Share Price and Company Fundamentals



Price
$1.025
Change
0.020 (1.990%)
52 week
0.695 - 1.195

Last traded: Last Friday at 5:15 AM

Reckon Limited provides software solutions in Australia, the United States, and internationally. It operates through Business Group; Practice Management Group, Accountants; and Practice Management Group, Legal segments. The company offers Reckon One, an online accounting software for small businesses; Single Touch Payroll software for managing pay runs, allowances, leave, and superannuation; Reckon Accounts Hosted, an online accounting software to manage finances, payroll, and inventory; Reckon Cloud POS, an online point of sale software; and Better Clinics, an online practice management software for health and fitness professionals. It also provides Reckon Loans, which offers business loans; Reckon Accounts Desktop, a desktop accounting software; Desktop Point of Sale; Reckon Personal Range for personal finances; Reckon APS that provides accounting practice solutions; Reckon Elite for smaller practice management; and Reckon Billback, a client cost recovery solution. In addition, the company develops, distributes, and supports cost recovery, scan and cloud-based integration platforms under the nQ Zebraworks brand primarily to the legal market. Reckon Limited was incorporated in 1987 and is headquartered in North Sydney, Australia.

Key Metrics

PE ratio

12.20

PB ratio

4.00

Dividend yield

4.98%

Beta

0.92

Market cap

$116.1M

Enterprise value

$136.94M

Company profile

Primary activitiesFinancial management software
Industry / SectorSoftware—Application / Technology
Websitehttp://www.reckon.com
Mailing address100 Pacific Highway Level 2 North Sydney NSW 2060 Australia
Phone / Fax61 2 9577 5000 / 61 2 9460 1434
Share registryCOMPUTERSHARE INVESTOR SERVICES PTY LIMITED

Dividends

More: Reckon Dividend history, yield and payout ratio

Dividend yield

4.98%

Dividend amount

$0.05

Payout ratio

60.20%

Reckon paid $0.05 dividend and the ex-dividend date was 24 Aug 2021.The dividend payout ratio is 60.20%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.RKN dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

RKN's forward dividend amount is $0.05 and the forward dividend yield is 4.88%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Sep 2021, following are the company executives and directors listed on Reckon.

NameTitleAgeTotal Pay
Mr. Gregory John WilkinsonFounder & Independent Non-Exec. Chairman64134.03k
Mr. Samuel AllertGroup CEO & Exec. Director742.74k
Mr. Christer Henrik HagglundGroup Chief Financial Officer59666.94k
Mr. Clive Alan RabieGroup MD & Exec. Director60712.85k
Mr. Myron Zlotnick L.L.M., LLM, GCertAppFinCompany Sec.55

Profitability and management effectiveness

Profit margin

12.89%

Operating margin

18.24%

Return on assets

10.90%

Return on equity

37.07%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Reckon is 116.1M and its enterprise value is 136.94M. The enterprise value to revenue ratio of RKN is 1.81.

The RKN's stocks Beta value is 0.92 making it 8% less volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Companies similar to Reckon (RKN)

Reckon (ASX:RKN) Frequently Asked Questions

1. What is Reckon's Stock Symbol?

Reckon trades on ASX under the ticker symbol "RKN".

2. What is Reckon's stock price today?

One share of RKN stock can currently be purchased for approximately $1.025.

3. How can I contact Reckon?

Reckon's mailing address is 100 Pacific Highway Level 2 North Sydney NSW 2060 Australia. The company can be reached via phone at 61 2 9577 5000.

4. What is Reckon's official website?

The official website of Reckon is http://www.reckon.com.

5. Which share registry manages Reckon's stock?

Reckon's stock is managed by COMPUTERSHARE INVESTOR SERVICES PTY LIMITED.