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 1,006 - -
Change - -20.67% 0.61% -12.73% 60.11% -45.05% - -
Enterprise Value (EV) 1 1,642 1,239 1,254 1,061 1,744 910.7 898.3 881.2
Change - -24.56% 1.22% -15.37% 64.3% -47.78% -1.35% -1.91%
P/E 104x 67.3x 62x 36.6x 52.3x 28.8x 26x 23.1x
PBR - - 18x 12.4x 17.2x 8.44x 7.25x 6.34x
PEG - 3.1x 7.03x 0.8x 4.7x -50.43x 2.4x 1.8x
Capitalization / Revenue 17.3x 12.2x 11.9x 9.74x 15.3x 7.55x 6.75x 6.07x
EV / Revenue 17.3x 11.6x 11.4x 9.03x 14.5x 6.83x 6.03x 5.32x
EV / EBITDA 64.2x 40.4x 48.2x 23.9x 37.5x 17.9x 15.2x 13.1x
EV / EBIT 79.1x 49.2x 59.3x 27.7x 45.8x 21.9x 19.2x 16.7x
EV / FCF 69.6x 42.2x 54.9x 27.4x 38.2x 34.5x 26.2x 20.8x
FCF Yield 1.44% 2.37% 1.82% 3.65% 2.62% 2.9% 3.82% 4.81%
Dividend per Share 2 0.09 0.11 0.135 0.17 0.22 0.223 0.2351 0.269
Rate of return 0.52% 0.8% 0.98% 1.41% 1.15% 2.13% 2.24% 2.56%
EPS 2 0.168 0.204 0.222 0.329 0.366 0.3639 0.4034 0.455
Distribution rate 53.6% 53.9% 60.8% 51.7% 60.1% 61.3% 58.3% 59.1%
Net sales 1 95.1 106.5 110 117.5 120.1 133.4 149 165.7
EBITDA 1 25.6 30.7 26 44.33 46.5 51 58.91 67.12
EBIT 1 20.75 25.17 21.14 38.35 38.04 41.5 46.74 52.87
Net income 1 16.1 19.56 21 31.33 35.44 35.71 39.55 44.34
Net Debt 1 - -63.79 -56.6 -82.53 -87.71 -95.74 -108.1 -125.2
Reference price 2 17.47 13.73 13.77 12.03 19.16 10.49 10.49 10.49
Nbr of stocks (in thousands) 94,010 94,888 95,187 95,090 95,593 95,938 - -
Announcement Date 8/26/21 8/28/22 8/20/23 8/21/24 8/20/25 - - -
1AUD in Million2AUD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
28.83x6.83x17.86x2.13% 695M
26.41x4.28x14.93x2.48% 255B
-87.2x13.76x79.66x-.--% 86.29B
13.44x2.45x9.03x6.15% 80.34B
9.58x1.05x5.51x5.03% 78.93B
18.71x4.89x12.09x3.06% 55.03B
13.5x1.97x8.24x5.76% 44.67B
12.69x1.45x9.94x1.27% 34.33B
14.99x1.91x8.86x5.76% 31.57B
17.59x1.28x8.2x1.12% 31.14B
Average 6.85x 3.99x 17.43x 3.28% 69.83B
Weighted average by Cap. 5.96x 4.40x 19.72x 3.17%

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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