Objective Corporation Limited (OCL) AI Stock Analysis

• Market Cap: AU$1.79B
• Dividend Yield: 0.96%
• Average Volume (3M): 36.06K
• Price to Earnings (P/E): 55.6
• Beta (1Y): 0.78
• Revenue Growth: 7.00%
• EPS Growth: 19.41%
• Country: AU
• Employees: 400
• Sector: Technology
• Sector Strength: 92
• Industry: Software - Application
• EPS (TTM): 0.18
• Shares Outstanding: 95,600,240
• 10 Day Avg. Volume: 29,956
• 30 Day Avg. Volume: 36,056
• PEG Ratio: 17.54
• Price to Book (P/B): 17.70
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 33.33
• 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$17.65
• Price Target Upside: -6.22% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 4

• Rating: 74 Outperform
• Price Target: AU$20.50 ▲(8.93%Upside)

Objective Corporation Limited's strong financial performance is the most significant factor contributing to its overall stock score. While the technical analysis presents a neutral outlook, the high P/E ratio suggests potential overvaluation concerns. The absence of earnings call data and notable corporate events limits further insights.

Objective Corporation Limited Business Overview & Revenue Model

Company Description

Objective Corporation Limited (OCL) is a software development company that specializes in providing information and process governance solutions. The company operates primarily in the public sector, financial services, and regulated industries, offering products that facilitate secure collaboration, content management, and process automation. Objective Corporation's core services include document management, workflow automation, and enterprise content management systems, designed to help organizations increase productivity and maintain compliance with regulatory requirements.

How the Company Makes Money

Objective Corporation Limited generates revenue through the sale of software licenses, subscriptions, and professional services. The company's primary revenue streams include upfront license fees for its software products, recurring revenue from subscription-based services, and fees for consulting and implementation services to ensure successful deployment and integration of their solutions. Additionally, Objective Corporation benefits from strategic partnerships with technology providers and system integrators that enhance its market reach and offer complementary solutions to its customers. The company's focus on sectors with stringent regulatory demands ensures a steady demand for its governance and compliance solutions, contributing significantly to its 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	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	114.80M	108.92M	106.37M	94.92M	69.63M
Gross Profit	107.21M	101.72M	100.75M	89.59M	62.95M
EBITDA	44.37M	26.08M	28.98M	25.15M	17.24M
Net Income	31.33M	21.09M	19.56M	16.09M	11.03M
Balance Sheet
Total Assets	172.90M	159.99M	140.44M	116.73M	98.89M
Cash, Cash Equivalents and Short-Term Investments	95.98M	72.52M	63.79M	48.36M	51.05M
Total Debt	13.45M	15.92M	9.22M	11.50M	12.74M
Total Liabilities	80.60M	86.44M	78.49M	69.78M	63.54M
Stockholders Equity	92.30M	73.55M	61.96M	46.95M	35.34M
Cash Flow
Free Cash Flow	40.69M	22.86M	29.33M	23.58M	27.92M
Operating Cash Flow	55.78M	23.43M	30.54M	24.70M	29.15M
Investing Cash Flow	-15.18M	-757.00K	-4.69M	-19.35M	-4.70M
Financing Cash Flow	-17.16M	-14.10M	-10.42M	-8.00M	-7.67M

Objective Corporation Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 18.82
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

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 18.82 is above the 20-day moving average (MA) of 18.44, above the 50-day MA of 18.47, and above the 200-day MA of 16.60, indicating a bullish trend. The MACD of 0.06 indicates Negative momentum. The RSI at 55.75 is Neutral, neither overbought nor oversold. The STOCH value of 80.17 is Negative, 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	74 Outperform	AU$1.79B	55.64	36.92%	0.96%	7.00%	19.41%
BVS	66 Neutral	AU$946.03M	13.20	57.04%	8.48%	18.63%	―
TNE	65 Neutral	€12.98B	97.32	37.44%	0.60%	17.52%	20.78%
XRO	64 Neutral	$29.32B	131.26	12.98%	―	20.44%	26.78%
NXL	62 Neutral	AU$800.37M	308.39	-0.19%	―	17.64%	96.99%
IRE	55 Neutral	€1.42B	16.09	27.46%	1.30%	-3.98%	―
Sector *	51 Neutral	AU$1.68B	2.26	-31.66%	3.52%	16.55%	-7.79%

Objective Corporation Limited Corporate Events

Objective Corporation Issues Unquoted Equity Securities

Objective Corporation Limited has announced the issuance of 1,375 unquoted equity securities under its employee incentive scheme, which are not intended to be quoted on the ASX. This move is part of the company’s strategy to incentivize and retain talent, potentially strengthening its operational capabilities and market position.

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 on ASX

Objective Corporation Limited announced the quotation of 3,750 ordinary fully paid securities on the Australian Securities Exchange (ASX) as of July 17, 2025. This move reflects the company’s ongoing efforts to optimize its capital structure and potentially improve its market positioning, 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 Limited Announces Quotation of New Securities

Objective Corporation Limited has announced the quotation of 3,000 new ordinary fully paid securities on the Australian Securities Exchange (ASX) under the code OCL. This move follows the exercise of options or conversion of other convertible securities, potentially impacting the company’s market liquidity and shareholder value.

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 New Employee Incentive Options

Objective Corporation Limited announced the issuance of 20,000 unquoted equity securities in the form of options expiring on December 31, 2029, with an exercise price of $17.99. This issuance is part of an employee incentive scheme, reflecting the company’s strategy to motivate and retain talent, potentially impacting its operational efficiency and market competitiveness.

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 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.