Objective Corporation Ltd

AU:OCL Australia Software - Application
Market Cap
$743.52 Million
AU$1.20 Billion AUD
Market Cap Rank
#13852 Global
#181 in Australia
Share Price
AU$12.51
Change (1 day)
+1.87%
52-Week Range
AU$12.28 - AU$22.90
All Time High
AU$22.90
Categories
Companies in Australia Software - Application Technology AI & Machine Learning
About

Objective Corporation Limited, together with its subsidiaries, supplies information technology software and services in Australia and internationally. The company offers Objective Nexus, a SaaS-based solution that provide records compliance, enterprise scale information management, and process automation; Objective 3Sixty to discover, organize, and manage enterprise information; Objective Connect… Read more

Objective Corporation Ltd (OCL) - Net Assets

Latest net assets as of December 2025: AU$111.45 Million AUD

Based on the latest financial reports, Objective Corporation Ltd (OCL) has net assets worth AU$111.45 Million AUD as of December 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$198.04 Million) and total liabilities (AU$86.59 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets AU$111.45 Million
% of Total Assets 56.27%
Annual Growth Rate 12.39%
5-Year Change 126.17%
10-Year Change 491.26%
Growth Volatility 23.15

Objective Corporation Ltd - Net Assets Trend (1999–2025)

This chart illustrates how Objective Corporation Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Objective Corporation Ltd (1999–2025)

The table below shows the annual net assets of Objective Corporation Ltd from 1999 to 2025.

Year Net Assets Change
2025-06-30 AU$106.19 Million +15.05%
2024-06-30 AU$92.30 Million +25.50%
2023-06-30 AU$73.55 Million +18.71%
2022-06-30 AU$61.96 Million +31.96%
2021-06-30 AU$46.95 Million +32.84%
2020-06-30 AU$35.34 Million +17.22%
2019-06-30 AU$30.15 Million +21.93%
2018-06-30 AU$24.73 Million +15.91%
2017-06-30 AU$21.33 Million +18.79%
2016-06-30 AU$17.96 Million +14.97%
2015-06-30 AU$15.62 Million +30.38%
2014-06-30 AU$11.98 Million -16.66%
2013-06-30 AU$14.38 Million +15.77%
2012-06-30 AU$12.42 Million -22.93%
2011-06-30 AU$16.11 Million +10.84%
2010-06-30 AU$14.54 Million -8.11%
2009-06-30 AU$15.82 Million -5.87%
2008-06-30 AU$16.81 Million -6.54%
2007-06-30 AU$17.98 Million -20.86%
2006-06-30 AU$22.72 Million +24.30%
2005-06-30 AU$18.28 Million +52.79%
2004-06-30 AU$11.96 Million +66.24%
2003-06-30 AU$7.20 Million +34.61%
2002-06-30 AU$5.35 Million +47.03%
2001-06-30 AU$3.64 Million -29.51%
2000-06-30 AU$5.16 Million +1.14%
1999-06-30 AU$5.10 Million --

Equity Component Analysis

This analysis shows how different components contribute to Objective Corporation Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 50633900.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (June 2025)

Component Amount Percentage
Retained Earnings AU$101.27 Million 95.36%
Common Stock AU$13.86 Million 13.05%
Other Comprehensive Income AU$5.60 Million 5.27%
Total Equity AU$106.19 Million 100.00%

Objective Corporation Ltd Competitors by Market Cap

The table below lists competitors of Objective Corporation Ltd ranked by their market capitalization.

Company Market Cap
Ningbo Heli Mould Technology Co Ltd Class A
SHG:603917
 		$248.87 Million
Guilin Sanjin Pharmaceutical Co Ltd
SHE:002275
 		$248.96 Million
I-MAB SPONS.ADS/1 -0001
F:0VY
 		$249.02 Million
Esab India Limited
NSE:ESABINDIA
 		$249.10 Million
Shanghai Xujiahui Commercial Co Ltd
SHE:002561
 		$248.72 Million
QC Solar (Suzhou) Co. Ltd. A
SHE:301278
 		$248.68 Million
Zhejiang Jasan Holding Group Co Ltd
SHG:603558
 		$248.60 Million
Batu Kawan Bhd
KLSE:1899
 		$248.59 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Objective Corporation Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 92,301,000 to 106,191,000, a change of 13,890,000 (15.0%).
  • Net income of 35,440,000 contributed positively to equity growth.
  • Dividend payments of 24,810,000 reduced retained earnings.
  • Share repurchases of 132,000 reduced equity.
  • Other comprehensive income increased equity by 16,282,000.
  • Other factors decreased equity by 12,890,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income AU$35.44 Million +33.37%
Dividends Paid AU$24.81 Million -23.36%
Share Repurchases AU$132.00K -0.12%
Other Comprehensive Income AU$16.28 Million +15.33%
Other Changes AU$-12.89 Million -12.14%
Total Change AU$- 15.05%

Book Value vs Market Value Analysis

This analysis compares Objective Corporation Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 11.40x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 331.34x to 11.40x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1999-06-30 AU$0.04 AU$12.51 x
2000-06-30 AU$0.04 AU$12.51 x
2001-06-30 AU$0.03 AU$12.51 x
2002-06-30 AU$0.04 AU$12.51 x
2003-06-30 AU$0.05 AU$12.51 x
2004-06-30 AU$0.09 AU$12.51 x
2005-06-30 AU$0.14 AU$12.51 x
2006-06-30 AU$0.17 AU$12.51 x
2007-06-30 AU$0.13 AU$12.51 x
2008-06-30 AU$0.12 AU$12.51 x
2009-06-30 AU$0.12 AU$12.51 x
2010-06-30 AU$0.12 AU$12.51 x
2011-06-30 AU$0.13 AU$12.51 x
2012-06-30 AU$0.11 AU$12.51 x
2013-06-30 AU$0.14 AU$12.51 x
2014-06-30 AU$0.13 AU$12.51 x
2015-06-30 AU$0.17 AU$12.51 x
2016-06-30 AU$0.19 AU$12.51 x
2017-06-30 AU$0.23 AU$12.51 x
2018-06-30 AU$0.27 AU$12.51 x
2019-06-30 AU$0.32 AU$12.51 x
2020-06-30 AU$0.38 AU$12.51 x
2021-06-30 AU$0.49 AU$12.51 x
2022-06-30 AU$0.65 AU$12.51 x
2023-06-30 AU$0.77 AU$12.51 x
2024-06-30 AU$0.96 AU$12.51 x
2025-06-30 AU$1.10 AU$12.51 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Objective Corporation Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 33.37%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 28.70%
  • • Asset Turnover: 0.64x
  • • Equity Multiplier: 1.83x
  • Recent ROE (33.37%) is above the historical average (28.80%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1999 4.13% 0.00% 0.00x 1.85x AU$-299.29K
2000 100.01% 37.60% 1.37x 1.94x AU$4.64 Million
2001 -36.11% -16.26% 1.32x 1.68x AU$-1.68 Million
2002 31.99% 13.35% 1.52x 1.58x AU$1.18 Million
2003 29.46% 13.99% 1.43x 1.48x AU$1.40 Million
2004 45.48% 20.25% 1.47x 1.53x AU$4.24 Million
2005 43.79% 24.02% 1.18x 1.54x AU$6.18 Million
2006 31.72% 19.50% 1.13x 1.44x AU$4.93 Million
2007 -7.16% -4.16% 1.01x 1.71x AU$-3.09 Million
2008 12.10% 6.28% 0.98x 1.96x AU$352.40K
2009 27.51% 11.03% 0.93x 2.67x AU$2.77 Million
2010 14.58% 5.17% 1.05x 2.69x AU$665.30K
2011 19.18% 7.89% 1.26x 1.94x AU$1.48 Million
2012 37.06% 11.82% 1.22x 2.56x AU$3.36 Million
2013 27.07% 9.69% 1.19x 2.35x AU$2.45 Million
2014 47.45% 11.84% 1.45x 2.76x AU$4.49 Million
2015 28.61% 9.04% 1.19x 2.65x AU$2.91 Million
2016 29.30% 10.49% 1.33x 2.10x AU$3.47 Million
2017 38.45% 13.10% 1.36x 2.17x AU$6.07 Million
2018 29.84% 11.69% 1.15x 2.23x AU$4.91 Million
2019 30.02% 14.58% 0.81x 2.56x AU$6.04 Million
2020 31.19% 15.83% 0.70x 2.80x AU$7.49 Million
2021 34.26% 16.95% 0.81x 2.49x AU$11.39 Million
2022 31.58% 18.39% 0.76x 2.27x AU$13.37 Million
2023 28.67% 19.36% 0.68x 2.18x AU$13.73 Million
2024 33.94% 27.29% 0.66x 1.87x AU$22.10 Million
2025 33.37% 28.70% 0.64x 1.83x AU$24.82 Million

Industry Comparison

This section compares Objective Corporation Ltd's net assets metrics with peer companies in the Software - Application industry.

Industry Context

  • Industry: Software - Application
  • Average net assets among peers: $16,854,589
  • Average return on equity (ROE) among peers: -153.62%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Objective Corporation Ltd (OCL) AU$111.45 Million 4.13% 0.78x $248.75 Million
One Click Group Ltd (1CG) $3.18 Million -217.18% 0.32x $5.25 Million
Thrive Tribe Technologies Ltd (1TT) $118.58K -1191.23% 2.04x $300.18K
Pointerra Ltd (3DP) $-405.80K 0.00% 0.00x $12.42 Million
8COMMON Ltd (8CO) $6.31 Million 6.08% 0.27x $1.47 Million
Adacel Tech Ltd (ADA) $10.52 Million 7.02% 1.02x $10.91 Million
Aeeris Ltd (AER) $584.79K -43.08% 0.80x $1.76 Million
Aerometrex Ltd (AMX) $37.60 Million -0.78% 0.33x $5.49 Million
Assetowl Ltd (AO1) $2.71 Million -52.24% 0.05x $577.74K
Bridge Saas Ltd (BGE) $1.93 Million -58.39% 1.02x $176.99K
Bravura Solutions Ltd (BVS) $105.98 Million 13.61% 0.72x $394.35 Million