Reckon Ltd. engage in the provision business software solutions. It operates through the following segments: Business, Accountant, and International Group. The Business Group segment engages in development, distribution and support of business accounting and personal financial software, as well as related products and services. Products sold in this division include Reckon Accounts and Reckon One. The Accountant Group segment deals with the development, distribution, and support of practice management, tax, client accounting, and related software under the APS brand as well as the ReckonDocs and Reckon Elite products. The International Group segment develops, distributes, and supports cost recovery, cost management and related software under the nQueue Billback brand and document management and client portal products under the Virtual Cabinet brand. The company was founded by Gregory John Wilkinson, Phil Hayman, and Steve Rickwood on June 28, 1987 and is headquartered in Sydney, Australia.
|Market Price at 11-12-2017
|Price to Earnings Ratio
|Return on Equity (ROE)
Blog posts that reference Reckon:
Friday, February 13, 2015
If you have Stock Alerts set up to check when new financial results flow through Skaffold, Skaffold Scores update and companies in your portfolio release new ASX announcements, you're already saving yourself a bucket load of time.
If you haven’t set up our suggested Stock Alert for reporting seasona yet, here’s a quick recap of what has changed in Skaffold over the last week or so.
Thursday, October 09, 2014
With the low growth environment likely to continue for some time, investors chasing double-digit growth need to look beyond cyclicals wired to the struggling Australian economy, and refocus on sectors displaying what are known as ‘secular growth opportunities’. For those unfamiliar with the term, ‘secular’ refers to companies with growth upside that’s less reliant on macroeconomic drivers and more hitched to company or sector-specific dynamics.
Tuesday, April 01, 2014
Now that the excitement of the reporting season has settled down and analysts have digested financial reports, we take a look inside Skaffold to discover well-positioned, top-quality stocks.
Of the 1767 ASX-listed stocks available for analysis in Skaffold, 163 achieve Skaffold’s preferred scores of A1, A2, B1 and B2. So less than 10 per cent are considered premium investment grade by Skaffold and analysis beyond top-line numbers is critical.
The services sector offers the largest choice of top-quality growth stocks, followed by technology, finance and capital goods.
Friday, February 14, 2014
New opportunities were thin on the ground this week, with the majority of companies to report experiencing deteriorating Skaffold Scores. Many stocks also continue to trade at large premiums to Skaffold’s intrinsic value estimates.
After 6 years of membership in Skaffold’s premium group of companies, Domino’s Pizza Enterprises (DMP) has declined to B3.
This is a great example of Skaffold’s ability to demystify company results and present the facts of the case, so to speak.
Friday, August 30, 2013
At the start of August 33 top stocks were rated A1 by Skaffold, and another 94 were rated A2. Fast forward to close of trade on 28 August and 30 companies achieved Skaffold’s premium A1 Score for balance sheet quality and business performance. 80 stocks are rated A2.
Running a quick filter in Skaffold for A1 top stocks, then switching to the Table View to find those forecast to increase in value over the next few years, 21 A1 stocks remain. After a closer look to determine which companies have updated in Skaffold based upon their latest financial results, we are left with 13.
Of the 80 stocks rated A2, Skaffold forecasts positive growth for 53.
Friday, August 16, 2013
Full year results for Domino’s Pizza Enterprises (DMP), REA Group (REA), Worleyparsons (WOR), Bradken (BKN) and Reckon (RKN) flowed through Skaffold overnight. All five companies delivered consistent performance over the past six months, retaining their previous interim Skaffold Scores.
Goodman Fielder is the latest business to deliver improving balance sheet quality and business performance. Its Skaffold Score rose from C3 to B2.
The biggest disappointment overnight was SAI Global (SAI), a provider of information, compliance and assurance services.
Thursday, February 07, 2013
Skaffold’s Score for NeuroDiscovery (NDL), a company engaged in the development of compounds for the treatment of pain and listed investment company Ozgrowth (OZG), have changed following the release of their half-year results.
Wednesday, December 05, 2012
Technology One’s business spans research, development, sales, marketing, customer support, implementation and consulting. Its customers include local, state and federal governments, education institutions, community service providers and businesses operating in the healthcare, financial services and utilities sectors. TNE is one of Australia’s largest publicly listed software companies and has been rated A1 for 5 of the past 10 years. Aside from a slide to A4 in 2007, the company has maintained a consistently high Skaffold Score of A1 or A2.
Wednesday, October 24, 2012
Today when you login to Skaffold, navigate to the Skaffold Score Evaluate screen for AMP Limited, Coca-Cola Amatil, Westfield, Rio Tinto or Westpac (they’re just a few companies whose Skaffold Score changed last night). You’ll notice the 2012 columns look a little different. Skaffold’s interim Scores ensure you have access to the latest reported financial information for every company. Skaffold’s Scores are based on past reported results and do not take into consideration future value forecasts. The Scores are completely objective and manufactured independently of human intervention and personal opinion. Continue reading the see a summary of the companies that reported at 30 June and their resulting interim Skaffold Scores.