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Hansen Technologies (ASX:HSN) is a billing software provider for utilities and telecommunications companies that value-focused managers see as oversold. In September 2026, Forager Funds added Hansen to its portfolio after a disappointing result, acknowledging real headwinds from currency, cost inflation and a problematic German acquisition, but noting the share price had almost halved. Investors Mutual, a major holder, said the shares fell 18% after lower FY27 earnings guidance due to AI investment, viewing this as temporary, and stressed its mission-critical role in customer billing. Hansen operates in the Information Technology sector within the Software industry, and Thesis Tracker has captured 20 comments from 12 fund managers, including Forager, Investors Mutual and Hayborough. Founded in 1971 and headquartered in Melbourne, Hansen develops billing and customer management software for energy, water and telecommunications providers worldwide.
Company figures as of 15 Oct 2026. For information only.
Fund managers including Endeavor Asset Management, QVG Capital, Blackwattle Investment Partners, Clime Investment Management, Contact Asset Management, Tyndall Asset Management, Hayborough Investment Partners, Infinity Asset Management, LSN Capital Partners, Forager Funds, Investors Mutual Limited and Asymmetric Asset Management have invested in Hansen Technologies Ltd (ASX:HSN).
Investors Mutual and Hayborough highlight Hansen's mission-critical billing software, which large, complex utility and telecommunications customers rely on to charge their customers, making it sticky and defensive. Forager sees a halved share price as an attractive entry point, and Investors Mutual views lower FY27 guidance as a temporary result of AI investment.
Forager points to currency headwinds, cost inflation and a problematic German acquisition, while Investors Mutual notes lower FY27 earnings guidance due to AI investment and a shift away from one-off licence fees. Hansen has also been caught up in a broad sell-off in software stocks.
Hansen Technologies Ltd. develops, integrates, and supports billing software for the energy and communications industries. Founded in 1971 by Kenneth A. Hansen and headquartered in Melbourne, Australia, the company serves global markets through its Billing and Other business segments. Hansen Technologies provides enterprise-grade billing systems essential for operational management in the utilities and telecommunications sectors.
General information only. Thesis Tracker reports what named fund managers have published about ASX companies. It does not take into account your objectives, financial situation or needs, and is not financial product advice or a recommendation to buy, sell or hold any security.
11,356 comments from 164 managers on 761 companies, snapshot 15 Oct 2026.