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Stock Screener·Australia·Technology·RDY.AX
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ReadyTech Holdings Limited Stocks

A$ 1.45Last Updated 30.09.2026

Issuer Rating

4/7
Performance

Favourable

Risk

Considerable

Recommendation

Hold

Market Cap

A$ 121.53M

A$ 1.45
Key Takeaways

Risk factor

Very poor trading liquidity

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Data is available to registered users only

Profitability factor

Greatly undervalued vs peers

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Data is available to registered users only
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Risks

  • Default risk
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  • Volatility
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  • Selling difficulty
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  • Stress test
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  • Country risks
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  • Other risks
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About

ReadyTech Holdings Limited (RDY.AX) is an Australian provider of SaaS (Software-as-a-Service) technology, serving diverse sectors including education and vocational pathways, workforce management, and government and judicial bodies. The Education division offers cloud-based platforms that streamline the entire student journey for education and training institutions, from initial enrollment through to course completion. It also equips state governments with tools for managing vocational education programs, supports the back-to-work and apprenticeship sectors with software for job seeker and apprentice administration, and provides competency assessment and skills tracking functionalities for monitoring on-the-job training. Within Workforce Solutions, the company supplies payroll software, outsourced payroll services, and comprehensive human resource management solutions tailored for mid-sized companies. This segment further extends to HR administration, covering aspects like employee records, workplace health and safety, and organizational design, alongside talent management services. Finally, the Government and Justice segment delivers SaaS case management solutions to both local and state government agencies, as well as justice departments. Their product suite in this area also encompasses asset management, property administration, licensing and compliance, financial systems, HR and payroll functionalities, and customer relationship management tools. Founded in 1998, ReadyTech Holdings Limited maintains its headquarters in Pyrmont, Australia.

Company Valuation

Greatly undervalued
7/7

Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. In particular, the stock is reasonably priced on P/E, 'cheap' on E

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Target Price

Somewhat favourable
5/7

The average target price of RDY.AX is 1.93 and suggests 35.9% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to in

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Risks

  • Default risk
    Data is available to registered users only
  • Volatility
    Data is available to registered users only
  • Selling difficulty
    Data is available to registered users only
  • Stress test
    Data is available to registered users only
  • Country risks
    Data is available to registered users only
  • Other risks
    Data is available to registered users only
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