Reckon Limited (RKN) - Research

$0.545

RKN General Information +

ASX Code RKN
Website http://www.reckon.com
GICS Sub-Industry Application Software
Market Cap ($M) 61
Current Price $0.545
Day High $0.560
Day Low $0.545
Last Close $0.545
Price Movement - ( No change )
Prices as at 16:40, 26 Jun 2019
+Security prices are delayed by at least 20 minutes and are indicative only.

Recommendation


Reckon Limited (RKN)
BUY
below
HOLD
up to
SELL
above
Current Price
$0.545 as at 16:40, 26 Jun 2019

Price at review
$0.545 on 09 Jul 18

Business Risk

Share Price Risk

RKN Related Research

RKN Company Overview

Business Description

Reckon Limited (RKN) is a provider of software solutions for accounting and bookkeeping professionals, as well as small to medium sized businesses, small office/home office users and personal wealth management sectors. RKN operates two core areas which are Business solutions and Practice Management.

RKN Financial Summary

Year to Dec NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2018 A 9.12 8.10 1,369.10% 13.20 0.00 0.00% 0.0%
2017 A 2.21 0.60 -93.70% 269.50 0.00 0.00% 0.0%
2016 A 10.60 8.80 -28.80% 17.70 4.70 3.10% 0.0%

RKN Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2016 A 2017 A 2018 A 2016 A 2017 A 2018 A 2016 A 2017 A 2018 A
Altium (ALU) $4,321M 0.2865 0.4360 0.2133 83.6957 58.2820 48.0342 0.84% 1.37% 1.57%
Reckon (RKN) $64M 13.6909 0.0000 0.0000 6.9926 0.0000 0.0000 0.00% 0.00% 0.00%
Technology One (TNE) $2,486M 0.1418 0.1211 0.1723 48.6957 43.4349 37.0510 1.41% 1.27% 1.49%
Wisetech Global (WTC) $8,953M 0.2776 0.2849 0.4608 202.4460 157.5588 107.8574 0.10% 0.13% 0.18%
Xero (XRO) $8,629M 0.0000 0.0000 0.0000 0.0000 0.0000 395.7929 0.00% 0.00% 0.00%

RKN Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.00 6.75 3.95 0.00
Market 0.87 17.10 1.49 1.63
Sector 2.73 31.10 2.86 1.25

RKN Directors

Name Position Start Date
Mr Samuel (Sam) Allert Chief Executive Officer, Executive Director 1 Jul 2018
Mr Clive Rabie Executive Director, Managing Director 24 May 2005
Mr Philip (Phil) Ross Hayman Non-Executive Director 1 Jul 2018
Mr Gregory (Greg) John Wilkinson Non-Executive Director, Non-Executive Chairman 5 Aug 1987

RKN Management

Name Position
Myron Charles Zlotnick General Counsel,Company Secretary
Chris Hagglund Group Chief Financial Officer

RKN Substantial Shareholders

Holding Name
34,104,687 (30.10%) HSBC Custody Nominees (Australia) Limited
13,223,743 (11.67%) J P Morgan Nominees Australia Pty Limited
10,597,141 (9.35%) Clive Rabie
9,332,229 (8.24%) National Nominees Limited
8,019,374 (7.10%) Greg Wilkinson
7,941,104 (7.01%) Citicorp Nominees Pty Limited

RKN Calendar of Events

Date Event
26 March 2020 Report (Annual)
11 February 2020 Report (Prelim)
06 August 2019 Report (Interim)

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