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RDY · ASX

ReadyTech Holdings Ltd. (ASX:RDY)

AU$2.78

 -0.07 (-2.456%)
ASX:Live
06/09/2024 04:10:33 PM
Near Support Near 52 Week Low HALO Ords HALO GARP GROWTH AUS +3
Consensus Score
/10
Recommend
Target Price
Deviation
Unlock Full Consensus Insights

RDY Overview

RDY Health Scores

Short Term

Mean Reversion

Neutral

Trend

Neutral

Event

Neutral

Halo Model

MQV

Strong

GARP

Very Weak

MQV Small

Neutral

Valuation

Value

Consensus

Momentum

Price

Weak

Earnings

Very Strong

Growth

Earnings

Weak

Dividends

Very Strong

Quality

Capital Efficiency

Weak

Balance Sheet

Neutral

About RDY

Telephone

Address

Description

ReadyTech Holdings Ltd. engages in providing technology-based solutions. It operates through the following segments: Education and Work Pathways, Workforce Solutions, and Government and Justice. The Education and Work Pathways segment offers JR Plus and AVAXA Ready LMS, VeTtrak, Job Ready, and Esher House. The Workforce Solutions segment includes Ready Workforce, Ready Employ, and Ready Pay. The Government and Justice segment relates to Ready Community, Ready Case, Ready Contracts and Ready Buy, Altus, and Synergysoft. The company was founded by Marc Washbourne in 1998 and is headquartered in Sydney, Australia.

RDY Price Chart

Key Stats

Market Cap

AU$345.13M

PE

21.90

EV/EBITDA

10.3

Dividends Overview

DIV Yield

.0%

Franking

N/A

Ex Dividend Date (est.)

N/A

Market Data

52 weeks range

Low 2.73 - 3.79

Trade Value (12mth)

AU$64,918.00

1 week

-9.24%

1 month

-11.21%

YTD

-16.18%

1 year

-21.05%

All time high

4.30

Key Fundamentals

EPS 3 yr Growth

96.60%

EBITDA Margin

32.50%

Operating Cashflow

$32m

Free Cash Flow Return

16.80%

ROIC

2.90%

Interest Coverage

11.20

Quick Ratio

0.70

Other Data

Shares on Issue (Fully Dilluted)

118m

HALO Sector

Next Company Report Date

20-Aug-25

Ex Dividend Date (est.)

N/A

Next Dividend Pay Date (est.)

N/A

Reporting Currency

AUD

Short Sell (% of issue)

0.00

RDY Announcements

Latest Announcements

Date Announcements

27 August 24

Appendix 4E and 2024 Annual Report

×

Appendix 4E and 2024 Annual Report

27 August 24

FY24 Full Year Media Release

×

FY24 Full Year Media Release

27 August 24

FY24 Full Year Investor Presentation

×

FY24 Full Year Investor Presentation

27 August 24

2024 Corporate Governance Statement and Appendix 4G

×

2024 Corporate Governance Statement and Appendix 4G

31 July 24

FY24 results release date and investor briefing

×

FY24 results release date and investor briefing

31 July 24

Final Director's Interest Notice - T Matthews

×

Final Director's Interest Notice - T Matthews

30 July 24

ReadyTech advances Higher Education market penetration

×

ReadyTech advances Higher Education market penetration

30 July 24

Change of representative director

×

Change of representative director

12 July 24

Notification of cessation of securities - RDY

×

Notification of cessation of securities - RDY

28 June 24

Application for quotation of securities - RDY

×

Application for quotation of securities - RDY

28 June 24

Cleansing Notice

×

Cleansing Notice

24 May 24

Initial Director's Interest Notice - H Lea

×

Initial Director's Interest Notice - H Lea

22 May 24

Final Director's Interest Notice - E Crouch

×

Final Director's Interest Notice - E Crouch

21 May 24

Change of Directors

×

Change of Directors

28 March 24

Application for quotation of securities - RDY

×

Application for quotation of securities - RDY

28 March 24

Cleansing Notice

×

Cleansing Notice

27 February 24

Appendix 4D and Interim Report

×

Appendix 4D and Interim Report

27 February 24

Half Year Results - Media Release

×

Half Year Results - Media Release

27 February 24

Half Year Results - Investor Presentation

×

Half Year Results - Investor Presentation

26 February 24

Upcoming release of shares subject to voluntary escrow

×

Upcoming release of shares subject to voluntary escrow

24 January 24

H1 FY24 Results Release Date and Briefing

×

H1 FY24 Results Release Date and Briefing

22 January 24

Response to media speculation

×

Response to media speculation

15 January 24

Notification of cessation of securities - RDY

×

Notification of cessation of securities - RDY

06 December 23

Notification regarding unquoted securities - RDY

×

Notification regarding unquoted securities - RDY

06 December 23

Change of Director's Interest Notice - M Washbourne

×

Change of Director's Interest Notice - M Washbourne

RDY Fundamentals

Per Share Records

Historical data

Forecast data

AUD 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027
Per Share, Growth & Valuations
EPS (Basic) $ Lock Lock Lock Lock 0.08 0.04 0.05 Lock Lock Lock
EPS (Fully Diluted) $ Lock Lock Lock Lock 0.08 0.04 0.05 Lock Lock Lock
     Growth % Lock Lock Lock Lock 249.4 -47.1 6.4 Lock Lock Lock
     PE X Lock Lock Lock Lock 27.6 21.2 21.9 Lock Lock Lock
     EV/EBITDA X Lock Lock Lock Lock 13.7 11.4 10.3 Lock Lock Lock
CFPS $ Lock Lock Lock Lock 0.19 0.28 0.27 Lock Lock Lock
FCFPS $ Lock Lock Lock Lock 0.15 0.23 0.27 Lock Lock Lock
     Growth % Lock Lock Lock Lock 57.0 48.2 -3.6 Lock Lock Lock
     Yield % Lock Lock Lock Lock 5.0 7.0 8.2 Lock Lock Lock
DPS $ Lock Lock Lock Lock 0.00 0.00 0.00 Lock Lock Lock
     Growth % Lock Lock Lock Lock N/A N/A N/A Lock Lock Lock
     Yield % Lock Lock Lock Lock 0.0 0.0 0.0 Lock Lock Lock
     Payout Ratio % Lock Lock Lock Lock 0 0 0 Lock Lock Lock
BPS $ Lock Lock Lock Lock 0.92 1.12 1.26 Lock Lock Lock
BPS (Tangible) $ Lock Lock Lock Lock -0.49 -0.74 -0.50 Lock Lock Lock
     Growth % Lock Lock Lock Lock 23.6 -50.3 32.5 Lock Lock Lock
Shares Outstanding
Diluted m Lock Lock Lock Lock 106 114 117 Lock Lock Lock
Basic m Lock Lock Lock Lock 106 114 117 Lock Lock Lock

Financial Records

Historical data

Forecast data

AUD 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027
Income Statement
Sales $m Lock Lock Lock Lock 78 103 114 Lock Lock Lock
     Growth % Lock Lock Lock Lock 56.5 32.0 10.2 Lock Lock Lock
Selling & General Expenses $m Lock Lock Lock Lock 5 5 7 Lock Lock Lock
Gross Income $m Lock Lock Lock Lock 18 18 21 Lock Lock Lock
     Growth % Lock Lock Lock Lock 48.9 4.3 15.2 Lock Lock Lock
     Margin % Lock Lock Lock Lock 22.4 17.7 18.5 Lock Lock Lock
Cost of Goods Sold to Sales % Lock Lock Lock Lock 78 82 81 Lock Lock Lock
EBITDA $m Lock Lock Lock Lock 27 31 37 Lock Lock Lock
     Growth % Lock Lock Lock Lock 57.8 15.7 19.4 Lock Lock Lock
     Margin % Lock Lock Lock Lock 34.2 30.0 32.5 Lock Lock Lock
Depreciation & Amortisation $m Lock Lock Lock Lock 14 17 23 Lock Lock Lock
EBIT $m Lock Lock Lock Lock 13 14 14 Lock Lock Lock
     Growth % Lock Lock Lock Lock 114.8 8.0 3.1 Lock Lock Lock
     Margin % Lock Lock Lock Lock 16.2 13.3 12.4 Lock Lock Lock
Pretax Income $m Lock Lock Lock Lock 12 7 6 Lock Lock Lock
Income Taxes $m Lock Lock Lock Lock 3 2 1 Lock Lock Lock
Net Income $m Lock Lock Lock Lock 9 5 5 Lock Lock Lock
     Growth % Lock Lock Lock Lock 308.1 -43.4 9.8 Lock Lock Lock
     Margin % Lock Lock Lock Lock 11.2 4.8 4.8 Lock Lock Lock
Cash Flow Statement
Net Operating Cash Flow $m Lock Lock Lock Lock 17 28 32 Lock Lock Lock
Capital Expenditures $m Lock Lock Lock Lock 13 20 18 Lock Lock Lock
Net Investing Cash Flow $m Lock Lock Lock Lock -21 -28 -24 Lock Lock Lock
Net Financing Cash Flow $m Lock Lock Lock Lock 1 11 -7 Lock Lock Lock
Free Cash Flow $m Lock Lock Lock Lock 16 26 31 Lock Lock Lock
     Growth % Lock Lock Lock Lock -14.0 60.4 18.3 Lock Lock Lock
     Margin % Lock Lock Lock Lock 0.2 0.3 0.3 Lock Lock Lock
Franking Balance $m Lock Lock Lock Lock 0 0 0 Lock Lock Lock
Balance Sheet
Cash & Short-Term Investments $m Lock Lock Lock Lock 9 21 22 Lock Lock Lock
Total Assets $m Lock Lock Lock Lock 186 259 261 Lock Lock Lock
Long Term Debt $m Lock Lock Lock Lock 36 51 46 Lock Lock Lock
Net Debt $m Lock Lock Lock Lock 28 31 25 Lock Lock Lock
Total Liabilities $m Lock Lock Lock Lock 88 131 110 Lock Lock Lock
Equity $m Lock Lock Lock Lock 98 128 151 Lock Lock Lock
Invested Capital Lock Lock Lock Lock 134 179 197 Lock Lock Lock
     Growth % Lock Lock Lock Lock 24.8 33.3 9.8 Lock Lock Lock
Return Ratios
Return on Assets % Lock Lock Lock Lock 4.7 1.9 2.1 Lock Lock Lock
Return on Equity % Lock Lock Lock Lock 9.0 3.9 3.6 Lock Lock Lock
Return on Total Capital % Lock Lock Lock Lock 10.4 8.7 7.5 Lock Lock Lock
Return on Invested Capital % Lock Lock Lock Lock 7.3 3.2 2.9 Lock Lock Lock
Cash Flow Return on Invested Capital % Lock Lock Lock Lock 14.0 17.7 16.8 Lock Lock Lock

Ratios Records

Historical data

Forecast data

AUD 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027
Leverage
Interest Cover X Lock Lock Lock Lock 25.7 12.1 11.2 Lock Lock Lock
Debt to EBITDA X Lock Lock Lock Lock 1.1 1.0 0.7 Lock Lock Lock
Net Debt to Equity % Lock Lock Lock Lock 28.7 24.6 16.7 Lock Lock Lock
Liquidity
Current Ratio X Lock Lock Lock Lock 0.5 0.8 0.7 Lock Lock Lock
Quick Ratio X Lock Lock Lock Lock 0.5 0.8 0.7 Lock Lock Lock
Cash & ST Inv/Current Assets % Lock Lock Lock Lock 39.5 54.6 53.2 Lock Lock Lock
CFO/Current Liabilities % Lock Lock Lock Lock 34.4 55.7 50.5 Lock Lock Lock
Balance Sheet Efficiency
Receivables Turnover X Lock Lock Lock Lock 7.3 7.7 7.3 Lock Lock Lock
Inventory Turnover X Lock Lock Lock Lock 0.0 0.0 0.0 Lock Lock Lock
Working Capital Turnover X Lock Lock Lock Lock 0.0 0.0 0.0 Lock Lock Lock
Payables Turnover X Lock Lock Lock Lock 2.2 3.4 2.2 Lock Lock Lock
Asset Turnover X Lock Lock Lock Lock 0.4 0.4 0.4 Lock Lock Lock
Du Pont
Asset Turnover X Lock Lock Lock Lock 0.4 0.4 0.4 Lock Lock Lock
x Pretax Margin % Lock Lock Lock Lock 14.8 6.6 5.6 Lock Lock Lock
= Pretax Return on Assets % Lock Lock Lock Lock 6.3 2.6 2.5 Lock Lock Lock
x Tax Rate Complement (1-Tax Rate) % Lock Lock Lock Lock 24.3 26.8 14.8 Lock Lock Lock
Return on Assets % Lock Lock Lock Lock 4.7 1.9 2.1 Lock Lock Lock
x Equity Multiplier (Assets/Equity) % Lock Lock Lock Lock 1.9 2.0 1.7 Lock Lock Lock
Return on Equity % Lock Lock Lock Lock 9.0 3.9 3.6 Lock Lock Lock
x Earnings Retention (1-Payout) % Lock Lock Lock Lock 100.0 100.0 100.0 Lock Lock Lock
= Reinvestment Rate (%) % Lock Lock Lock Lock 9.0 3.9 3.6 Lock Lock Lock
Operating Cycle
Days of Inventory on Hand Days Lock Lock Lock Lock 0.0 0.0 0.0 Lock Lock Lock
+ Days of Sales Outstanding Days Lock Lock Lock Lock 49.8 47.4 49.8 Lock Lock Lock
Operating Cycle Days Lock Lock Lock Lock 49.8 47.4 49.8 Lock Lock Lock
- Days of Payables Outstanding Days Lock Lock Lock Lock 10.3 11.4 12.0 Lock Lock Lock
Net Operating Cycle Days Lock Lock Lock Lock 39.5 36.0 37.8 Lock Lock Lock

Dividends

Key Stats

Ex Dividend Date (est.)

N/A

DIV Yield

.0%

Franking Level

N/A

DPSg

N/A

Quality Yield

Lock

Falling Divs over next 2

Lock

Values and Recommendations

Key Stats

Consensus Score

Lock

Recommendation

Lock

EPS 1 month Change

Lock

Quality Yield

Lock

Falling Divs over next 2

Lock

Halo Consensus Score

Lock Chart

PEG Ratio

Lock Chart

Consensus EPS Revisions

Lock Chart

Short selling

Key Stats

Percent of Issue

0.00%

Value ($M)

0

Prior Change

N/A

7 Day Change

N/A

1 Month Change

N/A

3 Month Change

N/A

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RDY Shortsell

Frequently Asked Questions

The current share price of ReadyTech Holdings Ltd. (RDY:ASX) is AU$2.78.
The 52-week high share price for ReadyTech Holdings Ltd. (RDY:ASX) is AU$3.79.
The 52-week low share price for ReadyTech Holdings Ltd. (RDY:ASX)? is AU$2.73.
The current TTM dividend payout for ReadyTech Holdings Ltd. (RDY:ASX) is 0.00.
ReadyTech Holdings Ltd. (RDY:ASX) does not pay a dividend.
ReadyTech Holdings Ltd. (RDY:ASX) has a franking level of 0.0%.
ReadyTech Holdings Ltd. (RDY:ASX) is classified in the Technology.
The current P/E ratio for ReadyTech Holdings Ltd. (RDY:ASX) is 21.90.