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ReadyTech Holdings Limited (RDY.AX)

Australian Securities Exchange Technology Software - ApplicationView data quality →
45.4Fair

ValueMarkers Composite Index

Top 14%#38,433 of 44,714
Undervalued

84% below intrinsic value ($5)

UndervaluedFair ValueOvervalued
Piotroski
5/9
Neutral
Beneish
-2.61
Low Risk
Altman
1.37
Distress
DCF Value
$5
Undervalued
ROIC
3.7%
Low
P/E
119.0
Growth
Updated: ·Source: Data sourced from SEC filings and institutional providers. Not financial advice.·Report data issue

ReadyTech Holdings Limited (RDY.AX) — VMCI valuation read

ReadyTech Holdings Limited sits at VMCI 45/100, with the Technology sector median at 50. That 5-point spread is the first thing to note on RDY.AX: it tells the reader the composite is unfavorable before any single ratio is examined, and the mid-cap tier sets the comparison set.

Form 4 disclosures on RDY.AX are blank for the trailing 30 days. With the insider channel offline, the EV/EBITDA delta, free-cash-flow trajectory, and the next earnings print do the talking.

**Investor frame.** The Value read on RDY.AX: RDY.AX trades at 16.0x earnings, 11% below the Technology median of 18.0x, with EV/EBITDA at 13.0x against 12.0x. The Quality read: ROIC of 8.0% trails the Technology median (10.0%) by 2.0pp. The Risk read: net debt to EBITDA of 0.5x leaves covenant headroom, anchoring the bear scenario on a measurable balance-sheet metric.

RDY.AX fell 3.4% over the trailing 7 days, with a -6.3% read on a 30-day basis.

ReadyTech Holdings Limited provides SaaS technology for education and work pathways, workforce solutions, and government and justice markets in Australia. It operates in three segments: Education, Workforce Solutions, and Government and Justice. The Education segment offers cloud-based student and learning management systems for education and training providers to manage the student lifecycle, including student enrolment and course completion. This segment also provides platforms to help state governments to manage vocational education and training programs; software platforms for the pathways and back-to-work sector to manage apprentices and job seekers; and a competency assessment and skills profiling tools to track on-the-job training through a qualification. The Workforce Solutions segment offers payroll software, outsourced payroll services, and human resource management software solutions to mid-sized company to assist with payroll and management of their employees. This segment also provides human resource (HR) administration services, such as employee records, workplace health and safety, and organizational structure, as well as talent management services. The Government and Justice segment offers government and justice case management software as a service solutions to local and state governments, and justice departments; and provides asset management, property, licensing and compliance, finance, HR and payroll, and customer management products. ReadyTech Holdings Limited was founded in 1998 and is headquartered in Pyrmont, Australia.

CEO: Marc Raymond Washbourne365 employeesAUreadytech.com.au

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