OBJECTIVE CORPORATION LIMITED (OCL)
Share Price Analysis and Chart

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OCL - OBJECTIVE CORPORATION LIMITED

FNArena Sector : IT & Support
Year End: June
GICS Industry Group : Software & Services
Debt/EBITDA: 0.32
Index: ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$13.00

23 Aug
2024

0.030

OPEN

$12.97

0.23%

HIGH

$13.00

126,159

LOW

$12.30

TARGET
$11.30 -13.1% downside
Franking for last dividend paid out: 0%
OTHER COMPANIES IN THE SAME SECTOR
APX . DTL . FLN . HSN . IRI . STG . TNE .
FNARENA'S MARKET CONSENSUS FORECASTS
OCL: 1
Title FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx 32.9 32.1 xxx
DPS (cps) xxx 9.0 16.8 xxx
EPS Growth xxx 48.3% - 2.5% xxx
DPS Growth xxx - 33.3% 87.0% xxx
PE Ratio xxx N/A 40.5 xxx
Dividend Yield xxx N/A 1.3% xxx
Div Pay Ratio(%) xxx 27.3% 52.4% xxx

Dividend yield today if purchased 3 years ago: 0.45%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 0.69

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 08/09 - ex-div 13.5c (franking 0%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx32.9
DPS All xxxxxxxxxxxxxxx9.0
Sales/Revenue xxxxxxxxxxxxxxx114.8 M
Book Value Per Share xxxxxxxxxxxxxxx97.1
Net Operating Cash Flow xxxxxxxxxxxxxxx55.8 M
Net Profit Margin xxxxxxxxxxxxxxx27.29 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx37.78 %
Return on Invested Capital xxxxxxxxxxxxxxx32.99 %
Return on Assets xxxxxxxxxxxxxxx18.67 %
Return on Equity xxxxxxxxxxxxxxx37.78 %
Return on Total Capital xxxxxxxxxxxxxxx37.23 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx42.0 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201920202021202220232024
Short-Term Debt xxxxxxxxxxxxxxx3 M
Long Term Debt xxxxxxxxxxxxxxx11 M
Total Debt xxxxxxxxxxxxxxx13 M
Goodwill - Gross xxxxxxxxxxxxxxx39 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx96 M
Price To Book Value xxxxxxxxxxxxxxx12.39

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx15.1 M
Capex % of Sales xxxxxxxxxxxxxxx13.15 %
Cost of Goods Sold xxxxxxxxxxxxxxx14 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx65 M
Research & Development xxxxxxxxxxxxxxx17 M
Investments - Total xxxxxxxxxxxxxxx0 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.3

No. Of Recommendations

3
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Shaw and Partners

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Morgans

16/07/2024

1

Add

$14.00

7.69%

Morgans reviews its coverage and forecasts for Tech, Media, Telco and Gaming into the August reporting season.

The top picks are Next DC, TechnologyOne, Airtasker, Camplify Holdings, Superloop, and Light & Wonder.

For the Tech sector, the broker forecasts year-on-year revenue growth of 18%, EBITDA of 47% and EPS of 82%. The sector is Neutral rated.

Morgans makes no changes to earnings forecasts for Objective Corp. Add rating and $14 target unchanged.

FORECAST
Morgans forecasts a full year FY25 dividend of 17.00 cents and EPS of 36.00 cents.

Ord Minnett

xx/xx/xxxx

5

xxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Goldman Sachs

07/03/2024

3

Neutral

$13.75

5.77%

Goldman Sachs highlights the "solid" first half result from Objective Corp, with EBITDA ahead of estimates amid better gross margins on lower operating expenditure.

The broker notes the strong cost control and hails the fact the company allowed low-margin/non-core deals to churn yet envisages limited scope for the business to outperform in the absence of additional material deals. Neutral retained. Target is reduced to $13.75 from $13.80.

FORECAST
Goldman Sachs forecasts a full year FY25 dividend of 17.00 cents and EPS of 36.00 cents.
Access Stockbroker Research History >

OCL STOCK CHART

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