Company Valuation: Objective Corporation Limited

Data adjusted to current consolidation scope
Fiscal Period: June 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,642 1,303 1,311 1,144 1,832 673.5 - -
Change - -20.67% 0.61% -12.73% 60.11% -63.23% - -
Enterprise Value (EV) 1 1,642 1,239 1,254 1,061 1,744 578.1 572.1 558.2
Change - -24.56% 1.22% -15.37% 64.3% -66.85% -1.04% -2.43%
P/E 104x 67.3x 62x 36.6x 52.3x 19.7x 22.2x 19.7x
PBR - - 18x 12.4x 17.2x 5.64x 5.1x 4.56x
PEG - 3.1x 7.03x 0.8x 4.7x -7.28x -2x 1.5x
Capitalization / Revenue 17.3x 12.2x 11.9x 9.74x 15.3x 5.08x 4.93x 4.5x
EV / Revenue 17.3x 11.6x 11.4x 9.03x 14.5x 4.36x 4.19x 3.73x
EV / EBITDA 64.2x 40.4x 48.2x 23.9x 37.5x 11.4x 11.6x 9.92x
EV / EBIT 79.1x 49.2x 59.3x 27.7x 45.8x 14x 15.3x 13.2x
EV / FCF 69.6x 42.2x 54.9x 27.4x 38.2x 22.5x 25.5x 17.2x
FCF Yield 1.44% 2.37% 1.82% 3.65% 2.62% 4.44% 3.92% 5.82%
Dividend per Share 2 0.09 0.11 0.135 0.17 0.22 0.2216 0.194 0.2217
Rate of return 0.52% 0.8% 0.98% 1.41% 1.15% 3.16% 2.76% 3.16%
EPS 2 0.168 0.204 0.222 0.329 0.366 0.3561 0.316 0.3566
Distribution rate 53.6% 53.9% 60.8% 51.7% 60.1% 62.2% 61.4% 62.2%
Net sales 1 95.1 106.5 110 117.5 120.1 132.6 136.6 149.8
EBITDA 1 25.6 30.7 26 44.33 46.5 50.73 49.45 56.26
EBIT 1 20.75 25.17 21.14 38.35 38.04 41.21 37.36 42.28
Net income 1 16.1 19.56 21 31.33 35.44 35.28 32.27 36.4
Net Debt 1 - -63.79 -56.6 -82.53 -87.71 -95.36 -101.4 -115.3
Reference price 2 17.470 13.730 13.770 12.030 19.160 7.020 7.020 7.020
Nbr of stocks (in thousands) 94,010 94,888 95,187 95,090 95,593 95,938 - -
Announcement Date 26/08/21 28/08/22 20/08/23 21/08/24 20/08/25 - - -
1AUD in Million2AUD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
19.71x4.36x11.4x3.16% 471M
22.22x3.5x12.4x3.17% 200B
-96.09x15.2x88x-.--% 95.09B
10.75x1.18x6.19x4.48% 88.57B
14.6x2.66x10.05x5.63% 84.46B
19.72x5.16x12.72x2.86% 59.15B
14.12x2.06x8.64x5.52% 45.64B
20.09x1.49x9.43x0.98% 35.53B
18.84x1.52x9.54x1.58% 35.2B
16.64x2.14x9.95x5.2% 34.27B
Average 6.06x 3.93x 17.83x 3.26% 67.86B
Weighted average by Cap. 1.86x 4.50x 21.24x 3.24%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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