Reckon Limited (RKN) - Research

$0.700
Prices as at 16:30, 25 Apr 2019

RKN Current Share Price+

Current Price $0.700
Open $0.700
High $0.700
Low $0.700
Last Close $0.700
Volume 3320
Price Movement - ( No change )
  • +Security prices are delayed by at least 20 minutes and are indicative only.

RKN General Information

Reckon Limited
RKN
http://www.reckon.com.au
Application Software
79
113
Reckon Limited
(RKN)
BUY
below
HOLD
up to
SELL
above
Current Price
$0.700 as at 16:30, 25 Apr 2019
Price at review
$0.700 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 F 3.78 3.33 -54.80% 21.02 2.00 2.86% 50.0%
2017 F 8.41 7.38 -14.90% 9.49 4.00 5.71% 0.0%
2016 A 9.89 8.67 -26.70% 17.82 5.00 3.24% 0.0%

RKN Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2016 A 2017 F 2018 F 2016 A 2017 F 2018 F 2016 A 2017 F 2018 F
Altium (ALU) $4,317M 0.2865 0.4360 0.2133 83.6198 58.2292 47.9907 0.84% 1.38% 1.57%
Reckon (RKN) $79M 13.6909 0.0000 0.0000 8.6634 0.0000 0.0000 0.00% 0.00% 0.00%
Technology One (TNE) $2,638M 0.1418 0.1758 0.1764 51.6770 43.9514 37.3597 1.32% 1.28% 1.50%
Wisetech Global (WTC) $6,769M 0.2776 0.2849 0.4608 153.5252 119.4849 81.7938 0.13% 0.17% 0.24%
Xero (XRO) $7,506M 0.0000 0.0000 0.0000 0.0000 0.0000 194.9872 0.00% 0.00% 0.00%

RKN Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.00 8.66 5.07 0.00
Market 0.95 16.70 1.52 1.56
Sector 2.27 27.10 2.48 1.28

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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