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 1,832 680.8 - -
Change - -20.67% 0.61% -12.73% 60.11% -62.83% - -
Enterprise Value (EV) 1 1,642 1,239 1,254 1,061 1,744 587.6 579 565.1
Change - -24.56% 1.22% -15.37% 64.3% -66.3% -1.47% -2.39%
P/E 104x 67.3x 62x 36.6x 52.3x 20x 22.5x 20x
PBR - - 18x 12.4x 17.2x 5.9x 5.31x 4.74x
PEG - 3.1x 7.03x 0.8x 4.7x -7.39x -2x 1.6x
Capitalization / Revenue 17.3x 12.2x 11.9x 9.74x 15.3x 5.13x 4.95x 4.49x
EV / Revenue 17.3x 11.6x 11.4x 9.03x 14.5x 4.42x 4.21x 3.73x
EV / EBITDA 64.2x 40.4x 48.2x 23.9x 37.5x 11.6x 11.6x 9.85x
EV / EBIT 79.1x 49.2x 59.3x 27.7x 45.8x 14.3x 15.3x 13.1x
EV / FCF 69.6x 42.2x 54.9x 27.4x 38.2x 22.9x 25.8x 17.4x
FCF Yield 1.44% 2.37% 1.82% 3.65% 2.62% 4.37% 3.88% 5.75%
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% 3.11% 2.72% 3.11%
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 95.1 106.5 110 117.5 120.1 132.8 137.4 151.6
EBITDA 1 25.6 30.7 26 44.33 46.5 50.6 49.98 57.35
EBIT 1 20.75 25.17 21.14 38.35 38.04 41.19 37.87 43.21
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 -93.13 -101.8 -115.6
Reference price 2 17.470 13.730 13.770 12.030 19.160 7.120 7.120 7.120
Nbr of stocks (in thousands) 94,010 94,888 95,187 95,090 95,593 95,613 - -
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.($)
19.99x4.42x11.61x3.11% 483M
23.09x3.73x13.03x2.9% 219B
-114.18x18.14x104.54x-.--% 113B
12.82x1.41x7.43x3.73% 106B
14.77x2.7x10.18x5.57% 86.1B
19.89x5.24x12.87x2.86% 60.07B
14.6x2.12x9.01x5.33% 47.13B
20.29x1.66x10.25x1.44% 39.14B
20.58x1.57x9.93x0.92% 38.64B
17.68x2.29x10.64x4.89% 36.66B
Average 4.95x 4.33x 19.95x 3.08% 74.6B
Weighted average by Cap. -1.42x 5.19x 25.05x 2.96%

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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