Reckon Share Price and Company Fundamentals



Price
$1.26
Change
-0.025 (-1.946%)
52 week
0.805 - 1.38

Last traded: Today at 6:10 AM

Reckon Limited provides software solutions in Australia, the United States, and internationally. The company operates through three divisions: Business Group; Practice Management Group, Accountants; and Practice Management Group, Legal. It 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 for large businesses; Reckon Cloud POS, a cloud-based point of sale software; and Better Clinics, an online practice management software for allied health professionals. The company also provides Reckon Loans, which offers business loans; Reckon Accounts Desktop, a desktop accounting software for businesses; Desktop Point of Sale software; personal finance software; Reckon APS, an accounting practice management software; and Reckon Elite, a small and medium firms practice management software. In addition, it delivers digitalization, practice management, and cost recovery and analytics solutions under the nQ Zebraworks brand primarily to the law firms, and government and corporate legal departments. The company was incorporated in 1987 and is based in North Sydney, Australia.

Key Metrics

PE ratio

15.48

PB ratio

4.77

Dividend yield

3.89%

Beta

0.78

Market cap

-

Enterprise value

-

Company profile

Primary activitiesFinancial management software
Industry / SectorSoftware—Application / Technology
Websitehttps://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

3.89%

Dividend amount

$0.05

Payout ratio

60.25%

Reckon paid $0.05 dividend and the ex-dividend date was 22 Feb 2022.The dividend payout ratio is 60.25%. 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 3.97%. 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 Aug 2022, following are the company executives and directors listed on Reckon.

NameTitleAgeTotal Pay
Mr. Gregory John WilkinsonFounder & Independent Non-Exec. Chairman65137.03k
Mr. Samuel AllertGroup CEO & Exec. Director819.26k
Mr. Christer Henrik HagglundGroup Chief Financial Officer60689.96k
Mr. Myron Zlotnick GCertAppFin, L.L.M., LLMCompany Sec. & Corp. Counsel56317.21k

Profitability and management effectiveness

Profit margin

13.77%

Operating margin

13.48%

Return on assets

7.76%

Return on equity

31.81%

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 and its enterprise value is .

The RKN's stocks Beta value is 0.78 making it 22% 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 $1.26.

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 https://www.reckon.com.

5. Which share registry manages Reckon's stock?

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