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ObjectiveASX:OCL -1.04%93 EV-to-EBIT is 12.56 as of Jul. 24, 2026, which is 70% below its 10-year median of 41.75. GuruFocus rates ASX:OCL with a GF Score™ of 93/100 and a GF Value™ of A$16.49 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,769 Software companies, Objective ranks better than 53.7% on this metric.
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
Objective's Enterprise Value for the quarter that ended in Dec. 2025 was A$1,498.1 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Objective's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 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.
Objective EV-to-EBIT Related Terms
Objective EV-to-EBIT Historical Data
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The historical data trend for Objective's EV-to-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.
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.
Objective's current Enterprise Value is A$554.7 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Objective's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 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.
Objective (ASX:OCL) has a EV-to-EBIT of 12.56 as of Jul. 24, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Objective and its competitors. This is 70% below median its historical median of 41.75. Over the past decade, Objective's EV-to-EBIT has ranged from 12.72 to 103.26. According to the industry distribution chart, Objective ranks #819 out of 1769 companies in the Software industry, placing it in the top 46.3%.
Is Objective's EV-to-EBIT too high?
Objective's current EV-to-EBIT of 12.56 is 70% below median its 10-year median of 41.75. Over the past 10 years, this metric has ranged from a low of 12.72 to a high of 103.26. The Software industry median EV-to-EBIT is 13.96. Objective's value of 12.56 is 10% below this industry median. Based on the distribution chart, Objective ranks #819 out of 1769 companies in the Software industry, which is above the industry midpoint. Overall, Objective has a GF Score™ of 93/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Objective's EV-to-EBIT compare to UBER and SHOP?
According to the Software industry distribution chart, Objective ranks #819 out of 1769 companies for EV-to-EBIT. This puts Objective in the upper half of its industry. The industry median EV-to-EBIT is 13.96. Objective's value of 12.56 is 10% below this benchmark. Historically, Objective's own EV-to-EBIT has ranged from 12.72 to 103.26 over the past decade. While the company's 10-year median is 41.75 vs. the industry median of 13.96, Objective has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Software company?
The median EV-to-EBIT among Software companies is 13.96, based on 1,769 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Objective's current EV-to-EBIT of 12.56 is 10% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Objective and its competitors. For the Software industry, the median EV-to-EBIT is 13.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Objective's current EV-to-EBIT is 12.56, which is 70% below median its own 10-year median of 41.75. 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$16.49, compared to a current price of A$6.69 — trading 59.4% below its estimated fair value. The current EV-to-EBIT is 12.56, which is 70% below median its 10-year median of 41.75 and 10% below the Software industry median of 13.96. Objective's overall GF Score™ is 93/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Objective (ASX:OCL), the current EV-to-EBIT is 12.56 as of Jul. 24, 2026. 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$6.69 is trading 59.4% below its estimated GF Value™ of A$16.49.
GuruFocus considers Objective to be Significantly Undervalued.
Key valuation signals for ASX:OCL:
EV-to-EBIT: 12.56 (70% below median its 10-year median of 41.75)
GF Value™: A$16.49 vs. price of A$6.69 (59.4% below fair value)
Industry Position: 10% below the Software median (#819 of 1769)
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 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.
93GF Score
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