Objective Corp Ltd OCL

Morningstar Rating
A$6.01 +0.19 (3.26%)
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Company Report

Price vs Fair Value

OCL is trading at a LOCK|r!pc premium.
Price
A$6.01
Fair Value
wQ
Uncertainty
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1-Star Price
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5-Star Price
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Economic Moat
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Capital Allocation
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Bulls Say, Bears Say

Bulls

Objective has successfully carved out a niche in ECM software in the public sector in Australia and New Zealand.

Bears

Objective’s key competitors are an order of magnitude the size of Objective and can use their greater operating leverage to charge lower fees to win customers.

Trading Information

Previous Close Price
A$5.82
Day Range
A$5.94–6.11
52-Week Range
A$4.75–20.67
Bid/Ask
A$5.90 / A$6.08
Shares Outstanding
95.61M
Market Cap
A$574.64M
Volume/Avg
88,410 / 236,419

Key Statistics

Price/Earnings (Normalized)
15.33
Price/Sales
6.63
Dividend Yield (Trailing)
2.16%
Dividend Yield (Forward)
2.16%
Dividend Payment Schedule
Mar, Sep
Total Yield
3.29%

Company Profile

Objective is a founder-led technology company providing software and services for compliance with government regulations. Objective’s primary business is its content management software for the Australian public sector, which ensures government information can be gathered, located, accessed, supplemented, authored, collaborated on, signed off on, and shared in a compliant manner. Objective also offers products which encompass industry-specific applications of enterprise content management software, such as for assessing building development applications, compiling new regulations and providing ministerial briefs.
Sector
Technology
Industry
Software - Application
Stock Style Box
Small Core
Total Number of Employees
450

Competitors

Valuation

Metric
OCL
TNE
TYL
Price/Earnings (Normalized)
15.3369.0828.03
Price/Book Value
5.2523.344.45
Price/Sales
6.6316.005.81
Price/Cash Flow
11.8033.0719.82
Price/Earnings
OCL
TNE
TYL

Financial Strength

Metric
OCL
TNE
TYL
Quick Ratio
1.460.911.47
Current Ratio
1.551.121.55
Interest Coverage
71.7055.1865.28
Quick Ratio
OCL
TNE
TYL

Profitability

Metric
OCL
TNE
TYL
Return on Assets (Normalized)
—18.46%9.36%
Return on Equity (Normalized)
—34.95%14.48%
Return on Invested Capital (Normalized)
—30.14%12.23%
Return on Assets
OCL
TNE
TYL

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