Tyler Technologies Inc (TYL)
Fair ValueFundamental
68
Price
$329.14
Market Cap
$13.27B
Part 1 · What the company is worth
Overview
Tyler Technologies, Inc. provides integrated software and technology management solutions for the public sector in the United States. It operates in two segments, Enterprise Software and Platform Technologies. The company designs, develops, markets, and supports a range of software solutions to serve mission-critical back-office functions. It also offers platform and transformative technology solutions, such as cybersecurity, data and insights, digital solutions, payments, platform technologies, and outdoor recreation; public administration solutions, including civic services, ERP, property and recording, and regulatory; and corrections, courts and justice, and public safety solutions. In addition, the company provides school ERP and student transportation K-12 education solutions; and health and human services solutions comprising environmental health, and disability and benefits. It has a strategic collaboration agreement with Amazon Web Services for cloud hosting services. The company was formerly known as Tyler Corporation and changed its name to Tyler Technologies, Inc. in June 1999. Tyler Technologies, Inc. was founded in 1966 and is based in Plano, Texas.
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Direct competitors
Who this company fights with for the same customers
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Balance Sheet & Liquidity
Revenue
$2.43B
Trailing 12 months (through 6/30/2026)
Net Income
$325M
Trailing 12 months (through 6/30/2026)
Free Cash Flow
$638M
Total Equity
$3.70B
Total Liabilities
$1.94B
Current Ratio
1.55
Interest Coverage
56.35
Debt/EBITDA
2.93
Earnings Per Share
Revenue & Net Income
Free Cash Flow
Income Breakdown
Historical statement
Margins over time
Debt over time
How heavy the debt is
Growth grid
Growth — Revenue
Fair Value Estimation
Fair Value
$302.55
Current Price
$329.14
Margin of Safety
-8.8%
Fair Value Range
$196.66 - $408.44
Spread across the valuation methods used, not a statistically calibrated confidence interval.
Estimation Methods
Valuation Metrics
P/E Ratio
42.25
ROE
8.5%
P/B Ratio
4.30
P/FCF
18.27
Gross Margin
47.2%
ROIC
6.3%
Profitability Radar
Value Creation (Economic Moat)
ROIC
6.3%
WACC
7.9%
ROIC − WACC
-1.7 pp
ROIC is below the cost of capital — the company is destroying value for every dollar invested.
Fundamental Analysis Criteria
Passed (20)
- EPS shows upward trend
- EPS CAGR 15.28%
- Price CAGR 8.96%
- ROIC 6.3%
- Gross Margin 47.2%
- P/FCF 18.27
- Debt/Equity ratio
- Operating Margin 15.1%
- Positive Free Cash Flow
- CapEx intensity
- Current Ratio
- Interest Coverage
- Debt/EBITDA
- Return on Tangible Assets
- ROE 9.3%
- Revenue Growth 5Y 15.9%
- Analyst Consensus 82% Buy
- Earnings Quality (OCF/NI) 2.25
- Share Dilution 0.8%
- Piotroski F-Score 8/9
Failed (7)
- P/B Ratio 4.30
- Low reliance on intangibles
- Price below Graham Number
- DCF valuation (Overvalued)
- Earnings Surprise avg 0.1%
- PEG Ratio 4.55
- Net Margin Trend 13.4% vs 13.7%
Unavailable (1)
- Dividend Payout NaN%
Piotroski F-Score
Strong financial health
Earnings Quality
High quality: earnings backed by cash
Share Dilution
Share count is stable
Institutional Holdings
Governance
Executive Team
| Name | Title | Age |
|---|---|---|
| Mr. H. Lynn Moore Jr. | CEO, President & Chairman | 57 |
| Mr. Brian K. Miller CPA | Executive VP & CFO | 66 |
| Mr. Jeffrey D. Puckett | Chief Operating Officer | 57 |
| Ms. Abigail M. Diaz | Chief Administrative Officer & Corporate Secretary | - |
| Mr. Jason P. Durham | Chief Accounting Officer | - |
| Mr. Russell A. Gainford | Chief Technology Officer | - |
| Mr. Kevin W. Iwersen | Chief Information Officer | - |
| Ms. Hala Elsherbini | Senior Director of Investor Relations | - |
| Mr. William A. Van Asselt | Chief Legal Officer | 50 |
| Ms. Kirsten Gappelberg | Vice President of Corporate Communications | - |
Audit Risk
4
Board Risk
9
Compensation Risk
4
Shareholder Rights Risk
3
Part 2 · The price and when to enter
This part won't tell you whether the company is worth owning: it helps you choose when to buy it, once the fundamentals have convinced you. Inside: technical analysis, potential, historical drawdowns, gamma exposure.
Documents
- View document
Annual Report (10-K)
A yearly overview of the business, its financial results, and the risks it faces.
Filed on 2026-02-18
- View document
Quarterly Report (10-Q)
A snapshot of financial performance for the most recent three-month period.
Filed on 2026-07-29
- View document
Current Report (8-K)
An announcement of a major event, such as a leadership change or big news.
Filed on 2026-09-15
via SEC EDGAR
Income History
via SEC EDGAR
Latest News
Recent headlines for TYL, sourced from Markets Gazette.