Mulya.ai
Ticker
TYL
Scenario
Key Inputs
Revenue est.?Analyst
OP margin est.?hist_ind
Reinvestment est.?projected
R&D capitalizedYes · 5yr amort
Leases factoredNo
Key Assumptions
WACC ?9.3%
ERP ?4.5%
Risk-free rate ?4.1%
Beta (blended) ?1.157
Beta (levered) ?1.199
Terminal OM% ?38.0%
Segment conc. ?60% dominant
Terminal growth ?4.1%
Bond rating ?AAA · 0.60%
ROIC option ?Opt 4 · 17.0%
Prob of failure ?0.0%
Pipeline validated · 2026-05-17

TYL · Tyler Technologies, Inc.

$338.032026-05-17
Sector: Technology; Industry: Software - Application; Sub-Industry: Application Software

Intrinsic Value Range Comparison · Mulya.ai

R&D capitalized (5yr)
Bull
$409
+21.0% vs market
Base · active
$326
-3.6% vs market
Bear
$300
-11.2% vs market
Mulya.ai vs Analyst IV Comparison?
Bear $300
Base $326
Market $338
Bull $409
Median $460
Market Price $338
Mulya.ai Base $326
Analysts Median $460
Mulya.ai IV range ($300 · $409)
Analysts Range ($325 · $675)
Fundamentals · historical + forward · base
italics = DCF projection
PeriodRevenueRev Gr ?Ops M% ?Tax Rate ?NOPAT ?
Reinvest ?
FCFF ?WACC% ?PV FCFF ?ROIC ?Inv. Cap ?EPS ?P/E
2021.Q4$1.6B17.2%0.0%$279MM−$2.1B−$1.8B7.1%7.9%$3.5B$3.71
2022.Q4$1.9B16.2%15.6%12.4%$253MM−$90MM$163MM8.1%7.1%$3.6B$3.77
2023.Q4$2.0B5.5%14.9%16.3%$244MM−$11MM$233MM7.9%6.7%$3.6B$3.81
2024.Q4$2.1B9.5%18.7%14.6%$341MM$162MM$503MM8.6%9.6%$3.5B$6.04
2025.Q4$2.3B9.1%20.5%19.1%$386MM−$93MM$292MM8.5%10.8%$3.7B$7.2530.9
italics below = DCF projection · 10yr Rev CAGR: 6.1%
2026.Q4$2.5B+8.5%27.3%19.2%$557MM−$141MM$416MM9.2%$381MM14.9%$3.8B$7.2046.9
2027.Q4$2.8B+9.7%29.4%19.3%$659MM−$215MM$445MM9.2%$373MM16.8%$4.0B$9.2536.5
2028.Q4$3.0B+8.8%31.6%19.4%$769MM−$274MM$495MM9.1%$380MM18.4%$4.3B$11.5229.3
2029.Q4$3.2B+6.2%33.7%19.5%$871MM$0MM$871MM9.0%$614MM20.2%$4.3B$13.7824.5
2030.Q4$3.4B+5.3%38.0%19.6%$1.0B$0MM$1.0B9.0%$668MM24.0%$4.3B$17.7719.0
Term. Yr+$4.4B4.1%38.0%20.0%$1.3B−$323MM$1.0B8.6%$9.6B17.0%
Active scenario IV: $326 (-3.6% vs market)