Thorney Technologies Ltd [ASX:TEK] share price and news 2022

Company Description

Thorney Technologies Ltd (TEK, formerly Australian Renewable Fuels Limited) is an investment company. Its principal activity is investing in global, listed and unlisted, technology investments at all phases of the investment lifecycle.

Thorney Technologies Ltd belongs to Financials sector and under industry of Multi-Sector Holdings. You can get more information about this company via their website: http://www.thorneytechnologies.com.au.

This a small cap company with market cap of 130 millions.

Compared to Market and Sector

The following table compares the company to Market and Sector based on Earning, Price/Earning ratio(P/E), Price/Book ratio (P/B) and PE growth.

Company PE is greater than both sector and market. while Company PB is less than both sector and market. On the other hand, Company Earning is less than both sector and market.

Earnings PE PB PE growth
Company 0.73 450 1.07 0
Market 0.85 22.3 1.99 0.84
Sector 1.02 23.4 1.15 1.09

Dividend Growth Chart

The following chart shows you how tek dividend grows in the recent years.

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