Tyler Technologies, Inc.

Tyler Technologies, Inc.

TYLยทNYSE

$303.77

-3.1%
TechnologySoftware - Application

Tyler Technologies, Inc. provides integrated information management solutions and services for the public sector. The company operates in three segments: Enterprise Software; Appraisal and Tax; and NIC. It offers financial management solutions, including modular fund accounting systems for government agencies or not-for-profit entities; utility billing systems for the billing and collection of metered and non-metered services; products to automate city and county functions, such as municipal courts, parking tickets, equipment and project costing, animal and business licenses, permits and inspections, code enforcement, citizen complaint tracking, ambulance billing, fleet maintenance, and cemetery records management; and student information and transportation solutions for K-12 schools. The company also provides a suite of judicial solutions comprising court case management, court and law enforcement, prosecutor, and supervision systems to handle multi-jurisdictional county or statewide implementations, and single county systems; public safety software solutions; systems and software to automate the appraisal and assessment of real and personal property, as well as tax applications for agencies that bill and collect taxes; planning, regulatory, and maintenance software solutions for public sector agencies; software applications to enhance and automate operations involving records and document management; and data and insights solutions. In addition, it offers software as a service arrangements and electronic document filing solutions for courts and law offices; software and hardware installation, data conversion, training, product modification, and maintenance and support services; and property appraisal outsourcing services for taxing jurisdictions. The company has a strategic collaboration agreement with Amazon Web Services for cloud hosting services. Tyler Technologies, Inc. was founded in 1966 and is headquartered in Plano, Texas.

At a Glance

Live Snapshot
Market Cap$12.81B
EPS7.3200
P/E Ratio41.50
Earnings Date07/29/2026
Tyler Technologies, Inc.

Tyler Technologies, Inc. Fair Value Envelope

TYL ยท NYSE

Our analysis suggests that TYL has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $303.77, this represents a potential HIDDEN relative to our calculated worth for Tyler Technologies, Inc..

Intrinsic Value
Current Price: $303.77

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

$
%
$
%
$
$

Projection Settings

Forecast period and terminal assumptions

%
%

DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$14.5B
+ Cash & Equivalents$1.0B
Firm Value$15.5B
- Debt$676.0M
Equity Value$14.9B
/ Shares Outstanding43,027,728B
DCF Value$345
UNDERVALUED BY 14%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$689.7M
$727.9M
$768.2M
$810.7M
$855.5M
$902.9M
$952.8M
$1.0B
$1.1B
$1.1B
Maintenance CapEx
-$3.4M
-$3.6M
-$3.8M
-$4.0M
-$4.2M
-$4.4M
-$4.7M
-$4.9M
-$5.2M
-$5.5M
Owner Earnings
$686.3M
$724.3M
$764.4M
$806.7M
$851.3M
$898.4M
$948.2M
$1.0B
$1.1B
$1.1B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$635.5M
$621.0M
$606.8M
$592.9M
$579.4M
$566.2M
$553.2M
$540.6M
$528.3M
$516.2M
Terminal Value represents 60.5% of Enterprise Value