How to buy Objective Corporation (OCL) shares
Learn how to easily invest in Objective Corporation shares.
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Objective Corporation Limited is a software-application business based in Australia. Objective Corporation shares (OCL) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian Dollars. Objective Corporation has a trailing 12-month revenue of around $95.1 million. If you're looking to buy shares, check out the steps below.
How to buy shares in Objective Corporation
- Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
- Search for Objective Corporation . Find the share by name or ticker symbol: OCL. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Objective Corporation reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
- Check in on your investment. Congratulations, you own a part of Objective Corporation . Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
What's in this guide?
- Objective Corporation key stats
- Compare share trading platforms
- Is Objective Corporation stock a buy or sell?
- Objective Corporation performance over time
- Are Objective Corporation shares over-valued?
- Objective Corporation 's financials
- How volatile are Objective Corporation shares?
- Does Objective Corporation pay a dividend?
- Other common questions
Objective Corporation stock price (ASX:OCL)Use our graph to track the performance of OCL stocks over time.
Objective Corporation shares at a glance
|52-week range||$10.8385 - $20.7315|
|50-day moving average||$18.7695|
|200-day moving average||$15.5122|
|Dividend yield||$0.09 (0.5%)|
|Earnings per share (TTM)||$0.168|
Compare share trading platforms
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
Is it a good time to buy Objective Corporation stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Objective Corporation price performance over time
|1 week (2021-09-17)||-2.63%|
|1 month (2021-08-25)||-2.94%|
|3 months (2021-06-25)||24.95%|
|6 months (2021-03-25)||45.04%|
|1 year (2020-09-25)||50.21%|
|2 years (2019-09-25)||344.36%|
|3 years (2018-09-24)||527.34%|
Is Objective Corporation under- or over-valued?
Valuing Objective Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Objective Corporation 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Objective Corporation 's P/E ratio
Objective Corporation 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 108x. In other words, Objective Corporation shares trade at around 108x recent earnings.
That's relatively high compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Objective Corporation 's EBITDA
Objective Corporation 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $23.3 million (£0.0 million).
The EBITDA is a measure of a Objective Corporation 's overall financial performance and is widely used to measure a its profitability.
Objective Corporation financials
|Revenue TTM||$95.1 million|
|Operating margin TTM||21.92%|
|Gross profit TTM||$89.7 million|
|Return on assets TTM||12.09%|
|Return on equity TTM||39.09%|
|Market capitalisation||$1.7 billion|
TTM: trailing 12 months
Objective Corporation share dividends
Dividend payout ratio: 52.94% of net profits
Recently Objective Corporation has paid out, on average, around 52.94% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.5% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Objective Corporation shareholders could enjoy a 0.5% return on their shares, in the form of dividend payments. In Objective Corporation 's case, that would currently equate to about A$0.09 per share.
Objective Corporation 's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
The latest dividend was paid out to all shareholders who bought their shares by 8 September 2021 (the "ex-dividend date").
Objective Corporation share price volatility
Over the last 12 months, Objective Corporation 's shares have ranged in value from as little as $10.8385 up to $20.7315. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Objective Corporation 's is 0.4151. This would suggest that Objective Corporation 's shares are less volatile than average (for this exchange).
Objective Corporation overview
Objective Corporation Limited, together with its subsidiaries, supplies information technology software and services in Australia, the United Kingdom, New Zealand, and internationally. It offers Objective Inform, which provides document management, records management, office 365, SharePoint governance, reporting insights, and drawings management solutions; Objective Perform to streamline and automate content-driven processes; Objective ECM, an information management and process automation solution; Objective Connect, a secure external file sharing application; Objective Redact, a redaction software for security for conscious organizations; and Objective GOV365. The company also provides Objective Ministerials, a workflow software for ministerial briefs and correspondence, as well as offers professional, managed, learning, and technical support services; Objective OpenGov to locate, collaborate, protect, and release information; Objective Trapeze, a software purpose-built for planners and building surveyors; Objective Keystone solution to author, review, and publish documents; Objective REGWORKS, a software designed specifically for regulation, compliance, and enforcement; and Objective REACH, a solution for matching data. It serves the public sector, local government, regulation, wealth, banking, and insurance sectors. The company was founded in 1987 and is headquartered in North Sydney, Australia.
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Objective Corporation in the news
Investors in Objective (ASX:OCL) have made a fantastic return of 924% over the past five years
Frequently asked questions
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