Reckon Stock

Reckon Market capitalization 2024

Reckon Market capitalization

64.01 M AUD

Ticker

RKN.AX

ISIN

AU000000RKN9

WKN

924401

In 2024, Reckon's market cap stood at 64.01 M AUD, a -0.53% increase from the 64.35 M AUD market cap in the previous year.

The Reckon Market capitalization history

YEARMarket Capitalization (undefined AUD)
202362.07
2022118.6
2021105.79
202082.41
201980.37
2018121.51
2017170.37
2016175.94
2015219.63
2014228.83
2013288.15
2012278.1
2011311.64
2010267.04
2009172.06
2008147.57
2007154.95
2006111.53
2005109.49
2004111.39

Reckon Aktienanalyse

What does Reckon do?

Reckon Ltd is an Australian software company that develops and sells applications for various business sectors. The company was founded in 1987 by Greg Wilkinson and initially focused on developing word processing and accounting software for the Australian market. Over the years, Reckon has specialized in the IT field and expanded its range of software solutions. Today, Reckon has over 600,000 customers worldwide and is listed on the Australian stock exchange. Its business model is based on selling software subscriptions and providing professional services to support customers in installing and using the software solutions. Reckon is divided into three business sectors: 1) Business customers, offering accounting, finance, payroll, and asset management solutions; 2) Private customers, offering financial software for managing income and expenses, as well as an app for managing invoices and expenses; and 3) the banking and finance sector, offering tailored software solutions for accounting, tax reconciliation, and asset management. Reckon is also active in cloud computing, providing cloud-based solutions for accessing applications over the internet and synchronizing data and applications across devices. Overall, Reckon offers a wide range of software solutions for various industries and purposes, with a focus on small and medium-sized enterprises but also catering to the private and banking sectors. The company's future looks promising as it maintains a strong presence in the Australian market and continues to expand its customer base. With its portfolio of cloud-based solutions, Reckon is well positioned to meet the changing needs of the IT industry and growing demand for data-driven solutions. Reckon ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring Reckon's Market Capitalization

Reckon's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of Reckon's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

Reckon's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in Reckon’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about Reckon stock

What is the current Reckon market capitalization?

The current market capitalization of Reckon is 64.01 M AUD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Reckon.

How has the market capitalization of Reckon developed in recent years?

The market capitalization of Reckon has increased/decreased by -0.53% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of Reckon?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of Reckon?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of Reckon have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

How much dividend does Reckon pay?

Over the past 12 months, Reckon paid a dividend of 0.11 AUD . This corresponds to a dividend yield of about 18.96 %. For the coming 12 months, Reckon is expected to pay a dividend of 0.11 AUD.

What is the dividend yield of Reckon?

The current dividend yield of Reckon is 18.96 %.

When does Reckon pay dividends?

Reckon pays a quarterly dividend. This is distributed in the months of September, December, September, September.

How secure is the dividend of Reckon?

Reckon paid dividends every year for the past 22 years.

What is the dividend of Reckon?

For the upcoming 12 months, dividends amounting to 0.11 AUD are expected. This corresponds to a dividend yield of 18.96 %.

In which sector is Reckon located?

Reckon is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von Reckon kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Reckon from 9/2/2024 amounting to 0.036 AUD, you needed to have the stock in your portfolio before the ex-date on 8/15/2024.

When did Reckon pay the last dividend?

The last dividend was paid out on 9/2/2024.

What was the dividend of Reckon in the year 2023?

In the year 2023, Reckon distributed 0.788 AUD as dividends.

In which currency does Reckon pay out the dividend?

The dividends of Reckon are distributed in AUD.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Andere Kennzahlen von Reckon

Our stock analysis for Reckon Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Reckon Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.