Objective Corporation Limited (OCL) AI Stock Analysis

• Market Cap: AU$1.77B
• Dividend Yield: 0.97%
• Average Volume (3M): 49.44K
• Price to Earnings (P/E): 55.2
• Beta (1Y): 0.76
• Revenue Growth: 7.00%
• EPS Growth: 19.41%
• Country: AU
• Employees: 400
• Sector: Technology
• Sector Strength: 87
• Industry: Software - Application
• EPS (TTM): 0.18
• Shares Outstanding: 95,592,995
• 10 Day Avg. Volume: 43,544
• 30 Day Avg. Volume: 49,444
• PEG Ratio: 13.03
• Price to Book (P/B): 17.79
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 57.23
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: AU$20.35
• Price Target Upside: 9.82% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 2

• Rating: 76 Outperform
• Price Target: AU$22.00 ▲(18.73%Upside)

Objective Corporation Limited shows strong financial performance with solid revenue growth and profitability. Technical indicators suggest positive momentum despite overbought conditions, while high valuation levels present a potential risk. The absence of recent earnings call data or corporate events limits further insights.

Objective Corporation Limited Business Overview & Revenue Model

Company Description

Objective Corporation Limited (OCL) is a technology company that specializes in providing enterprise content management (ECM) solutions to organizations. The company operates in sectors such as government, healthcare, and regulated industries, offering software products designed to manage content, data, and processes. Objective's core products include solutions for document management, workflow automation, and information governance.

How the Company Makes Money

Objective Corporation Limited makes money primarily through the sale and licensing of its software products. The company generates revenue by offering subscription-based models for its cloud-based solutions, as well as perpetual licenses for on-premises deployments. Key revenue streams include software licenses, maintenance and support services, and professional services for implementation and integration. Additionally, Objective engages in strategic partnerships with other technology providers to enhance its product offerings and expand its reach in various markets. The company's ability to secure long-term contracts with government agencies and large enterprises significantly contributes to its stable earnings.

Objective Corporation Limited Financial Statement Overview

Summary

Objective Corporation Limited demonstrates strong financial health with consistent revenue growth, robust profitability, and effective cost management. The balance sheet is stable with low leverage, and cash flow generation is excellent, supporting future investments or distributions.

Income Statement

Objective Corporation Limited exhibits strong performance with a consistent upward trajectory in revenue and profitability. The Gross Profit Margin is robust at approximately 93.6%, and the Net Profit Margin is solid at 27.3% for the latest year. The company shows a healthy Revenue Growth Rate of 5.4% year-over-year. Although EBIT and EBITDA margins are strong at 34.0% and 39.2% respectively, indicating operational efficiency, the company could continue to optimize operational expenses.

Balance Sheet

The company maintains a strong balance sheet with a Debt-to-Equity Ratio of 0.15, indicating low leverage and financial stability. The Return on Equity is impressive at 33.9%, showcasing effective use of equity capital. The Equity Ratio is 53.4%, reflecting a strong capital structure with substantial equity financing. However, slight increases in liabilities over the years suggest a need to monitor debt levels.

Cash Flow

Objective Corporation's cash flow generation is robust, with a Free Cash Flow Growth Rate of 78.1%, highlighting efficient cash management. The Operating Cash Flow to Net Income Ratio is 1.78, showing strong cash conversion from profits. Free Cash Flow to Net Income Ratio is also strong at 1.30, indicating good free cash flow generation relative to net income. The company is in a strong position to reinvest or return capital to shareholders.

Breakdown	TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	121.03M	114.80M	108.92M	106.37M	94.92M	69.63M
Gross Profit	113.70M	107.21M	96.79M	95.22M	84.72M	62.95M
EBITDA	39.90M	45.01M	26.08M	30.64M	25.57M	17.24M
Net Income	31.95M	31.33M	21.09M	19.56M	16.09M	11.03M
Balance Sheet
Total Assets	175.85M	172.90M	159.99M	140.44M	116.73M	98.89M
Cash, Cash Equivalents and Short-Term Investments	84.25M	95.98M	72.52M	63.79M	48.36M	51.05M
Total Debt	12.81M	13.45M	15.92M	9.22M	11.50M	12.74M
Total Liabilities	79.92M	80.60M	86.44M	78.49M	69.78M	63.54M
Stockholders Equity	95.93M	92.30M	73.55M	61.96M	46.95M	35.34M
Cash Flow
Free Cash Flow	51.11M	40.69M	22.86M	29.33M	23.58M	27.92M
Operating Cash Flow	52.12M	55.78M	23.43M	30.54M	24.70M	29.15M
Investing Cash Flow	-15.97M	-15.18M	-757.00K	-4.69M	-19.35M	-4.70M
Financing Cash Flow	-19.16M	-17.16M	-14.10M	-10.42M	-8.00M	-7.67M

Objective Corporation Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 18.53
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:OCL, the sentiment is Positive. The current price of 18.53 is below the 20-day moving average (MA) of 18.57, above the 50-day MA of 17.88, and above the 200-day MA of 16.35, indicating a neutral trend. The MACD of 0.24 indicates Positive momentum. The RSI at 51.11 is Neutral, neither overbought nor oversold. The STOCH value of 51.95 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:OCL.

Objective Corporation Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
OCL	76 Outperform	AU$1.77B	55.17	36.92%	0.97%	7.00%	19.41%
XRO	71 Outperform	$29.30B	131.20	12.98%	―	23.95%	―
BVS	65 Neutral	AU$928.09M	12.95	57.04%	3.09%	18.63%	―
TNE	65 Neutral	€13.24B	99.29	37.44%	0.50%	17.52%	20.78%
IRE	55 Neutral	€1.43B	16.21	27.46%	1.29%	-3.98%	―
NXL	52 Neutral	AU$717.69M	308.39	-0.19%	―	17.64%	96.99%
Sector *	50 Neutral	AU$1.49B	1.75	-28.24%	3.26%	16.24%	-7.89%

Objective Corporation Limited Corporate Events

Objective Corporation Acquires Isovist to Enhance Planning Sector Capabilities

Objective Corporation has announced the acquisition of Isovist, a provider of GIS-based e-planning solutions for local governments in Australia and New Zealand. This acquisition aims to enhance Objective’s capabilities in the Planning and Building sector, supporting its mission to deliver market-defining GovTech software. Isovist’s products, known for their intuitive user experience and alignment with local planning frameworks, will complement Objective’s existing offerings. The acquisition is expected to integrate Objective’s AI capabilities to further transform the planning process, benefiting councils, property owners, and developers. The transaction, valued at NZ$5 million, will see all Isovist employees joining Objective, with plans for integration and product enhancement underway.

The most recent analyst rating on (AU:OCL) stock is a Hold with a A$13.75 price target. To see the full list of analyst forecasts on Objective Corporation Limited stock, see the AU:OCL Stock Forecast page.

Objective Corporation Limited Applies for Quotation of New Securities

Objective Corporation Limited has announced the application for quotation of 500 ordinary fully paid securities on the Australian Securities Exchange (ASX). This move indicates the company’s ongoing efforts to enhance its market presence and provide value to its stakeholders by increasing the liquidity of its shares.

The most recent analyst rating on (AU:OCL) stock is a Hold with a A$13.75 price target. To see the full list of analyst forecasts on Objective Corporation Limited stock, see the AU:OCL Stock Forecast page.

Objective Corporation Limited Announces New Securities Quotation

Objective Corporation Limited has announced the issuance of 2,250 ordinary fully paid securities, which are set to be quoted on the ASX. This move reflects the company’s ongoing efforts to enhance its capital structure and potentially strengthen its market position, signaling a positive development for stakeholders and investors.

The most recent analyst rating on (AU:OCL) stock is a Hold with a A$13.75 price target. To see the full list of analyst forecasts on Objective Corporation Limited stock, see the AU:OCL Stock Forecast page.

Objective Corporation Issues Unquoted Equity Securities to Employees

Objective Corporation Limited announced the issuance of 3,000 unquoted equity securities under an employee incentive scheme, which are not intended to be quoted on the ASX. This move is part of the company’s strategy to incentivize employees, potentially impacting its operational dynamics by aligning employee interests with corporate goals, thereby strengthening its position in the competitive software industry.

The most recent analyst rating on (AU:OCL) stock is a Hold with a A$13.75 price target. To see the full list of analyst forecasts on Objective Corporation Limited stock, see the AU:OCL Stock Forecast page.

Objective Corporation Limited Announces Quotation of New Securities

Objective Corporation Limited has announced the application for quotation of 2,000 ordinary fully paid securities on the Australian Securities Exchange (ASX), with the issue date set for May 6, 2025. This move indicates the company’s ongoing efforts to manage its capital structure and potentially enhance its market presence, which may have implications for its stakeholders and market positioning.

Objective Corporation Limited Announces Quotation of New Securities

Objective Corporation Limited announced the quotation of 2,000 fully paid ordinary securities on the Australian Securities Exchange (ASX) as of April 16, 2025. This move is part of the company’s strategy to enhance its market presence and liquidity, potentially impacting its operational capabilities and offering stakeholders an opportunity to engage with the company’s growth trajectory.

Objective Corporation Limited Announces Quotation of New Securities

Objective Corporation Limited has announced the application for the quotation of 100 fully paid ordinary shares on the ASX, dated April 16, 2025. This move signifies the company’s ongoing efforts to manage its securities and maintain its presence in the market, potentially impacting its operational strategies and stakeholder interests.