Objective (ASX:OCL) EBIT: A$44.2 Mil (TTM As of Dec. 2025)


ASX:OCL Objective Corp Ltd ASX:OCL
98 GF Score
Price A$10.33
GF Value A$16.50
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Objective EBIT?

Objective ASX:OCL +2.08% 98 EBIT is A$44.2 Mil as of Dec. 2025. GuruFocus rates ASX:OCL with a GF Score™ of 98/100 and a GF Value™ of A$16.50 (Significantly Undervalued). The stock has 2 warning signs investors should review.

Objective's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was A$22.7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was A$44.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Objective's annualized ROC % for the quarter that ended in Dec. 2025 was 26.05%. Objective's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 418.91%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Objective's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 4.87%.

Objective  (ASX:OCL) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Objective's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=45.18 * ( 1 - 16.36% )/( (140.778 + 149.292)/ 2 )
=37.788552/145.035
=26.05 %

where

Invested Capital(Q: Jun. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=193.964 - 11.934 - ( 99.157 - max(0, 74.315 - 115.567+99.157))
=140.778

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=198.044 - 9.02 - ( 95.087 - max(0, 72.497 - 112.229+95.087))
=149.292

Note: The Operating Income data used here is two times the semi-annual (Dec. 2025) data.

2. Joel Greenblatt's definition of Return on Capital:

Objective's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=45.32/( ( (11.506 + max(-56.691, 0)) + (10.131 + max(-52.389, 0)) )/ 2 )
=45.32/( ( 11.506 + 10.131 )/ 2 )
=45.32/10.8185
=418.91 %

where Working Capital is:

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8.037 + 0 + 6.53) - (11.934 + 0 + 59.324)
=-56.691

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(10.443 + 0 + 6.699) - (9.02 + 0 + 60.511)
=-52.389

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Objective's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=44.159/906.699
=4.87 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Objective EBIT Related Terms

Objective EBIT Historical Data

* Premium members only.

The historical data trend for Objective's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Objective EBIT Chart

Objective Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.28 23.46 22.01 38.39 41.39

Objective Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.97 18.42 19.89 21.50 22.66

ASX:OCL vs CRM, SHOP, UBER: EBIT Comparison

For the Software - Application subindustry, Objective's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Objective EV-to-EBIT vs Software Industry

For the Software industry and Technology sector, Objective's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Objective's EV-to-EBIT falls into.


ASX:OCL
98GF Score
Objective Corp Ltd ASX:OCL
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Objective EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$44.2 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of A$44.2 Mil mean?
Objective (ASX:OCL) has a EBIT of A$44.2 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Objective.
Is Objective's EBIT too high?
Objective's current EBIT is A$44.2 Mil. Overall, Objective has a GF Score™ of 98/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Objective's EBIT compare to CRM and SHOP?
Objective's EBIT of A$44.2 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Software company?
A good EBIT depends on the Software industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Objective. Objective's current EBIT is A$44.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Objective stock overvalued right now?
Based on GuruFocus' analysis, Objective (ASX:OCL) is currently considered Significantly Undervalued. The stock's GF Value™ is A$16.50, compared to a current price of A$10.33 — trading 37.4% below its estimated fair value. The current EBIT is A$44.2 Mil. Objective's overall GF Score™ is 98/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Objective (ASX:OCL), the current EBIT is A$44.2 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Objective (ASX:OCL) Overvalued in 2026?

Based on GuruFocus' analysis, Objective stock appears to be undervalued. The current stock price of A$10.33 is trading 37.4% below its estimated GF Value™ of A$16.50. GuruFocus considers Objective to be Significantly Undervalued.

Key valuation signals for ASX:OCL:

  • EBIT: A$44.2 Mil
  • GF Value™: A$16.50 vs. price of A$10.33 (37.4% below fair value)
  • GF Score™: 98/100 with 2 warning signs

No single metric tells the full story. See the ASX:OCL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Objective Business Description

Address 177 Pacific Highway, Level 30, North Sydney, Sydney, NSW, AUS, 2060
Objective is a founder-led technology company providing software and services for compliance with government regulations. Objective's primary business is its content management software for the Australian public sector, which ensures government information can be gathered, located, accessed, supplemented, authored, collaborated on, signed off on, and shared in a compliant manner. Objective also offers products which encompass industry-specific applications of enterprise content management software, such as for assessing building development applications, compiling new regulations and providing ministerial briefs.
98GF Score

Get the complete analysis for ASX:OCL

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$10.33
Price
A$16.50
GF Value