TNE 0.45% $26.57 technology one limited

Not a HC favourite?, page-21

  1. 3,674 Posts.
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    Stayer, I don't see it standing out in any one area, just all round strength. True, profit ratios (PE etc) not strong, but made up for by the high ROE, as indicated by curiouswon. Balance sheet is super strong, no borrowing. Growth in most ratios are steady between 5 and 10% pa. (On the profit front, the high PE almost guarantees growth of profit by 8% for the current year, all else being equal.) also NTA keeps growing at a high rate (12%pa over last five years).

    Worth noting that the first half is never an indication of the whole year. Second half usually doubles first half.

    An excellent boring equity.
 
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