Objective Financials

OCL Stock   16.82  0.35  2.13%   
You can utilize fundamental analysis to find out if Objective is mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We were able to break down and interpolate twenty-eight available financial ratios for Objective, which can be compared to its competitors. The stock experiences an unexpected upward trend. Watch out for market signals. Check odds of Objective to be traded at 20.18 in 90 days.
 
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Objective Balance Sheet Chart

At this time, Objective's Accounts Payable is comparatively stable compared to the past year. Cash is likely to gain to about 119.7 M in 2026, whereas Common Stock Total Equity is likely to drop slightly above 3.1 M in 2026.
Key indicators impacting Objective's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Operating Income58 M55.3 M
Sufficiently Up
Slightly volatile
  
Please note, the imprecision that can be found in Objective's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Objective. Check Objective's Beneish M Score to see the likelihood of Objective's management manipulating its earnings.

Objective Stock Summary

Objective competes with Super Retail, Ainsworth Game, Australian Unity, and Computershare. Objective is entity of Australia. It is traded as Stock on AU exchange.
Specialization
Information Technology, Software - Application
InstrumentAustralia Stock View All
ExchangeAustralian Securities Exchange
ISINAU000000OCL7
Business Address177 Pacific Highway,
SectorSoftware
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.objective.com
Phone61 2 9955 2288
You should never invest in Objective without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Objective Stock, because this is throwing your money away. Analyzing the key information contained in Objective's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Objective Key Financial Ratios

Objective's financial ratios allow both analysts and investors to convert raw data from Objective's financial statements into concise, actionable information that can be used to evaluate the performance of Objective over time and compare it to other companies across industries.

Objective Key Balance Sheet Accounts

202120222023202420252026 (projected)
Total Assets140.4M160.0M172.9M194.0M223.1M234.2M
Other Current Liab9.1M7.8M8.5M60.1M69.1M72.6M
Net Debt(54.6M)(56.6M)(81.9M)(87.7M)(78.9M)(75.0M)
Retained Earnings61.5M72.1M90.6M101.3M116.5M122.3M
Accounts Payable6.9M7.2M7.1M8.1M9.3M9.8M
Cash63.8M72.5M96.0M99.2M114.0M119.7M
Net Receivables17.6M20.6M4.5M10.1M11.6M10.7M
Other Current Assets5.0M6.5M5.4M6.3M7.3M7.6M
Total Liab78.5M86.4M80.6M87.8M100.9M106.0M
Total Current Assets86.4M99.7M105.9M115.6M132.9M139.5M
Common Stock11.3M11.7M12.4M13.9M15.9M16.7M
Other Assets2.3M1.02.4M6K6.9K6.6K
Short Term Debt6.7M5.1M3.4M6.1M5.5M5.8M
Intangible Assets40.7M41.1M14.2M26.8M30.8M32.4M
Good Will38.4M39.1M39.2M40.1M46.1M48.4M
Long Term Debt Total5.9M13.4M10.7M8.4M9.6M8.2M
Net Invested Capital47.0M62.0M73.5M92.3M106.1M53.1M

Objective Key Income Statement Accounts

202120222023202420252026 (projected)
Interest Expense472K495K657K582K669.3K702.8K
Total Revenue106.4M108.9M114.8M123.5M142.0M149.1M
Gross Profit100.7M101.7M107.2M116.3M133.8M140.4M
Operating Income25.3M21.1M36.3M48.1M55.3M58.0M
Research Development25.0M27.2M17.0M15.6M17.9M12.2M
Ebitda29.4M27.4M44.4M42.2M48.6M51.0M
Income Before Tax23.4M22.0M38.4M41.4M47.6M50.0M
Net Income19.6M21.1M31.3M35.4M40.8M42.8M
Income Tax Expense3.8M891K7.0M5.9M6.8M7.2M
Cost Of Revenue5.3M5.6M7.2M7.6M8.3M8.7M
Ebit23.9M22.5M38.4M40.8M47.0M49.3M
Tax Provision3.8M891K7.0M5.9M6.8M7.2M
Net Interest Income(562K)(334K)950K2.0M2.3M2.5M
Interest Income92K138K1.4M2.7M3.1M3.3M

Objective Key Cash Accounts

202120222023202420252026 (projected)
Other Non Cash Items5.5M(2.6M)384K8.1M9.3M9.8M
Capital Expenditures1.2M572K15.1M587K675.1K641.3K
Net Income19.6M21.1M31.3M35.4M40.8M42.8M
End Period Cash Flow63.8M72.5M96.0M99.2M114.0M119.7M
Change In Cash15.4M8.7M23.5M3.2M3.7M4.4M
Free Cash Flow29.3M22.9M40.7M45.7M52.5M55.2M
Dividends Paid8.5M10.4M(12.8M)(24.8M)(22.3M)(21.2M)
Depreciation5.5M4.9M6.0M7.2M8.3M8.7M
Change To Inventory(14.1M)(4.6M)(10.1M)264K237.6K249.5K
Investments(19.4M)(4.7M)(757K)(15.2M)(13.7M)(13.0M)

Objective Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Objective's current stock value. Our valuation model uses many indicators to compare Objective value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Objective competition to find correlations between indicators driving Objective's intrinsic value. More Info.
Objective is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about  0.39  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Objective is roughly  2.57 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Objective's earnings, one of the primary drivers of an investment's value.

Objective Common Stock Shares Outstanding Over Time

Most indicators from Objective's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Objective current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Objective. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
At this time, Objective's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 7.2 M in 2026, whereas Issuance Of Capital Stock is likely to drop slightly above 843.9 K in 2026.
 2023 2024 2025 2026 (projected)
Gross Profit107.2M116.3M133.8M140.4M
Total Revenue114.8M123.5M142.0M149.1M

Objective fundamental ratios Correlations

-0.42-0.3-0.46-0.38-0.4-0.460.34-0.45-0.55-0.37-0.4-0.37-0.490.0-0.41-0.35-0.510.18-0.45-0.34-0.42-0.25-0.430.1-0.26
-0.420.770.980.990.830.97-0.960.990.970.991.00.990.390.470.930.720.91-0.380.980.991.00.970.86-0.24-0.24
-0.30.770.710.80.510.67-0.720.790.710.80.770.80.070.180.720.580.720.010.720.690.770.740.550.16-0.33
-0.460.980.710.940.881.0-0.930.950.970.960.980.960.510.530.920.660.88-0.541.00.980.980.930.9-0.4-0.13
-0.380.990.80.940.750.92-0.961.00.940.990.990.990.290.410.890.750.92-0.260.940.970.990.970.8-0.11-0.34
-0.40.830.510.880.750.9-0.760.760.820.790.820.790.580.70.930.440.66-0.630.90.850.820.760.97-0.50.25
-0.460.970.671.00.920.9-0.930.930.960.950.970.950.530.560.930.630.87-0.571.00.970.970.920.92-0.44-0.08
0.34-0.96-0.72-0.93-0.96-0.76-0.93-0.96-0.9-0.98-0.96-0.98-0.25-0.49-0.88-0.72-0.890.33-0.93-0.96-0.97-0.94-0.820.170.35
-0.450.990.790.951.00.760.93-0.960.960.990.990.990.320.390.890.750.93-0.260.950.970.990.960.81-0.11-0.3
-0.550.970.710.970.940.820.96-0.90.960.940.970.940.50.390.890.730.87-0.440.970.950.960.890.85-0.31-0.14
-0.370.990.80.960.990.790.95-0.980.990.940.991.00.280.440.920.740.9-0.310.960.980.990.970.84-0.15-0.31
-0.41.00.770.980.990.820.97-0.960.990.970.990.990.390.480.920.720.89-0.380.980.990.990.970.86-0.25-0.24
-0.370.990.80.960.990.790.95-0.980.990.941.00.990.280.440.920.740.9-0.310.960.980.990.970.84-0.15-0.31
-0.490.390.070.510.290.580.53-0.250.320.50.280.390.280.390.40.020.39-0.790.50.410.380.320.49-0.770.5
0.00.470.180.530.410.70.56-0.490.390.390.440.480.440.390.520.110.32-0.530.530.530.460.530.58-0.490.27
-0.410.930.720.920.890.930.93-0.880.890.890.920.920.920.40.520.580.81-0.430.950.920.930.850.96-0.260.03
-0.350.720.580.660.750.440.63-0.720.750.730.740.720.740.020.110.580.570.080.650.680.710.680.470.16-0.52
-0.510.910.720.880.920.660.87-0.890.930.870.90.890.90.390.320.810.57-0.310.880.880.920.90.74-0.16-0.25
0.18-0.380.01-0.54-0.26-0.63-0.570.33-0.26-0.44-0.31-0.38-0.31-0.79-0.53-0.430.08-0.31-0.52-0.45-0.38-0.34-0.580.97-0.39
-0.450.980.721.00.940.91.0-0.930.950.970.960.980.960.50.530.950.650.88-0.520.980.980.930.92-0.38-0.11
-0.340.990.690.980.970.850.97-0.960.970.950.980.990.980.410.530.920.680.88-0.450.980.980.970.88-0.31-0.2
-0.421.00.770.980.990.820.97-0.970.990.960.990.990.990.380.460.930.710.92-0.380.980.980.970.86-0.23-0.24
-0.250.970.740.930.970.760.92-0.940.960.890.970.970.970.320.530.850.680.9-0.340.930.970.970.77-0.21-0.33
-0.430.860.550.90.80.970.92-0.820.810.850.840.860.840.490.580.960.470.74-0.580.920.880.860.77-0.430.15
0.1-0.240.16-0.4-0.11-0.5-0.440.17-0.11-0.31-0.15-0.25-0.15-0.77-0.49-0.260.16-0.160.97-0.38-0.31-0.23-0.21-0.43-0.41
-0.26-0.24-0.33-0.13-0.340.25-0.080.35-0.3-0.14-0.31-0.24-0.310.50.270.03-0.52-0.25-0.39-0.11-0.2-0.24-0.330.15-0.41
Click cells to compare fundamentals

Objective Account Relationship Matchups

Objective fundamental ratios Accounts

202120222023202420252026 (projected)
Total Assets140.4M160.0M172.9M194.0M223.1M234.2M
Other Current Liab9.1M7.8M8.5M60.1M69.1M72.6M
Net Debt(54.6M)(56.6M)(81.9M)(87.7M)(78.9M)(75.0M)
Retained Earnings61.5M72.1M90.6M101.3M116.5M122.3M
Accounts Payable6.9M7.2M7.1M8.1M9.3M9.8M
Cash63.8M72.5M96.0M99.2M114.0M119.7M
Net Receivables17.6M20.6M4.5M10.1M11.6M10.7M
Other Current Assets5.0M6.5M5.4M6.3M7.3M7.6M
Total Liab78.5M86.4M80.6M87.8M100.9M106.0M
Total Current Assets86.4M99.7M105.9M115.6M132.9M139.5M
Common Stock11.3M11.7M12.4M13.9M15.9M16.7M
Other Assets2.3M1.02.4M6K6.9K6.6K
Short Term Debt6.7M5.1M3.4M6.1M5.5M5.8M
Intangible Assets40.7M41.1M14.2M26.8M30.8M32.4M
Good Will38.4M39.1M39.2M40.1M46.1M48.4M
Long Term Debt Total5.9M13.4M10.7M8.4M9.6M8.2M
Net Invested Capital47.0M62.0M73.5M92.3M106.1M53.1M

Objective January 15, 2026 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Objective help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Objective. We use our internally-developed statistical techniques to arrive at the intrinsic value of Objective based on widely used predictive technical indicators. In general, we focus on analyzing Objective Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Objective's daily price indicators and compare them against related drivers.

Additional Tools for Objective Stock Analysis

When running Objective's price analysis, check to measure Objective's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Objective is operating at the current time. Most of Objective's value examination focuses on studying past and present price action to predict the probability of Objective's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Objective's price. Additionally, you may evaluate how the addition of Objective to your portfolios can decrease your overall portfolio volatility.