Projected Income Statement: Objective Corporation Limited

Forecast Balance Sheet: Objective Corporation Limited

Fiscal Period: June 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt 1 - -63.8 -56.6 -82.5 -87.7 -83.1 -83.2 -88.2
Change - - 11.29% -45.76% -6.3% 5.25% 10.63% -6.01%
Announcement Date 26/08/21 28/08/22 20/08/23 21/08/24 20/08/25 26/08/26 - -
1AUD in Million
Estimates

Cash Flow Forecast: Objective Corporation Limited

Fiscal Period: June 2021 2022 2023 2024 2025 2026 2027 2028
CAPEX 1 1.116 1.213 0.572 1.006 0.587 3.575 1.33 1.43
Change - 8.69% -52.84% 75.87% -41.65% 509.03% -66.24% 7.52%
Free Cash Flow (FCF) 1 23.58 29.33 22.86 38.69 45.67 26.42 12.36 22.51
Change - 24.36% -22.07% 69.29% 18.05% -42.14% -51.85% 82.14%
Announcement Date 26/08/21 28/08/22 20/08/23 21/08/24 20/08/25 26/08/26 - -
1AUD in Million
Estimates

Forecast Financial Ratios: Objective Corporation Limited

Fiscal Period: June 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

        
EBITDA Margin (%) 26.92% 28.83% 23.64% 37.72% 38.72% 39.15% 32.24% 34.45%
EBIT Margin (%) 21.82% 23.63% 19.22% 32.64% 31.68% 32.02% 24.18% 25.94%
EBT Margin (%) 21.27% 21.98% 19.98% 32.66% 34.46% 33.77% 25.8% 27.36%
Net margin (%) 16.93% 18.37% 19.09% 26.66% 29.51% 28.25% 20.69% 21.68%
FCF margin (%) 24.8% 27.54% 20.78% 32.93% 38.04% 20.07% 9.64% 16.12%
FCF / Net Income (%) 146.48% 149.91% 108.83% 123.5% 128.87% 71.05% 46.59% 74.32%

Profitability

        
ROA - - 14.05% 18.83% 19.32% 19.12% 12.88% 14.13%
ROE - 35.93% 31.12% 37.78% 35.71% 34.49% 22.9% 23.89%

Financial Health

        
Leverage (Debt/EBITDA) - - - - - - - -
Debt / Free cash flow - - - - - - - -

Capital Intensity

        
CAPEX / Current Assets (%) 1.17% 1.14% 0.52% 0.86% 0.49% 2.72% 1.04% 1.02%
CAPEX / EBITDA (%) 4.36% 3.95% 2.2% 2.27% 1.26% 6.94% 3.22% 2.97%
CAPEX / FCF (%) 4.73% 4.14% 2.5% 2.6% 1.29% 13.53% 10.76% 6.35%

Items per share

        
Cash flow per share 1 - - 0.2437 0.5773 0.4781 0.5089 0.3673 0.4651
Change - - - 136.89% -17.18% 6.44% -26.09% 26.63%
Dividend per Share 1 0.09 0.11 0.135 0.17 0.22 0.26 0.1823 0.2007
Change - 22.22% 22.73% 25.93% 29.41% 18.18% -17.73% 10.1%
Book Value Per Share 1 - - 0.7651 0.9706 1.111 1.145 1.215 1.339
Change - - - 26.86% 14.45% 3.07% 0.75% 10.17%
EPS 1 0.168 0.204 0.222 0.329 0.366 0.384 0.2707 0.3045
Change - 21.43% 8.82% 48.2% 11.25% 4.92% -23.99% 12.5%
Nbr of stocks (in thousands) 94,010 94,888 95,187 95,090 95,593 95,613 95,613 95,613
Announcement Date 26/08/21 28/08/22 20/08/23 21/08/24 20/08/25 26/08/26 - -
1AUD
Estimates
2026 2027 *
P/E 26.8x 22.8x
PBR 9x 5.08x
EV / Sales 6.9x 3.95x
Yield 2.52% 2.95%

EPS & Dividend



Y-o-Y evolution of P/E

 

Year-on-year evolution of the Yield

Trader
Investor
Global
Quality
ESG MSCI
BBB
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
7
Last Close Price
6.170AUD
Average target price
8.771AUD
Spread / Average Target
+42.16%

Quarterly revenue - Rate of surprise

  1. Stock Market
  2. Stocks
  3. OCL Stock
  4. Financials Objective Corporation Limited
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