Objective (ASX:OCL) FCF Margin %: 18.96% (As of Dec. 2025) — 24% Below Median


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 FCF Margin %?

Objective ASX:OCL +2.08% 98 FCF Margin % is 18.96% as of Dec. 2025, which is 24% below its 10-year median of 24.91. 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. Among 2,811 Software companies, Objective ranks better than 94.09% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Objective's Free Cash Flow for the six months ended in Dec. 2025 was A$12.7 Mil. Objective's Revenue for the six months ended in Dec. 2025 was A$66.7 Mil. Therefore, Objective's FCF Margin % for the quarter that ended in Dec. 2025 was 18.96%.

As of today, Objective's current FCF Yield % is 3.84%.

The historical rank and industry rank for Objective's FCF Margin % or its related term are showing as below:

ASX:OCL' s FCF Margin % Range Over the Past 10 Years
Min: -3.8   Med: 24.91   Max: 40.1
Current: 30.38


During the past 13 years, the highest FCF Margin % of Objective was 40.10%. The lowest was -3.80%. And the median was 24.91%.

ASX:OCL's FCF Margin % is ranked better than
94.09% of 2811 companies
in the Software industry
Industry Median: 2.4 vs ASX:OCL: 30.38


Objective FCF Margin % Related Terms


Objective FCF Margin % Historical Data

* Premium members only.

The historical data trend for Objective's FCF Margin % 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 FCF Margin % Chart

Objective Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.84 27.57 20.98 35.44 24.98

Objective Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
FCF Margin % 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 15.55 55.60 7.39 43.35 18.96

ASX:OCL vs CRM, SHOP, UBER: FCF Margin % Comparison

For the Software - Application subindustry, Objective's FCF Margin %, along with its competitors' market caps and FCF Margin % 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 FCF Margin % vs Software Industry

For the Software industry and Technology sector, Objective's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Objective's FCF Margin % falls into.


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

Objective FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Objective's FCF Margin for the fiscal year that ended in Jun. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Jun. 2025 )/Revenue (A: Jun. 2025 )
=29.999/120.075
=24.98 %

Objective's FCF Margin for the quarter that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=12.652/66.729
=18.96 %

* 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 FCF Margin % →
What does a FCF Margin % of 18.96% mean?
Objective (ASX:OCL) has a FCF Margin % of 18.96% as of Dec. 2025. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Objective and its competitors. This is 24% below median its historical median of 24.91. According to the industry distribution chart, Objective ranks #166 out of 2811 companies in the Software industry, placing it in the top 5.9%.
Is Objective's FCF Margin % too high?
Objective's current FCF Margin % of 18.96% is 24% below median its 10-year median of 24.91. The Software industry median FCF Margin % is 2.40. Objective's value of 18.96% is 690% above this industry median. Based on the distribution chart, Objective ranks #166 out of 2811 companies in the Software industry, which is in the top quartile — a strong position relative to peers. 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 FCF Margin % compare to CRM and SHOP?
According to the Software industry distribution chart, Objective ranks #166 out of 2811 companies for FCF Margin %. This places Objective in the top 6% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 2.40. Objective's value of 18.96% is 690% above this benchmark. While the company's 10-year median is 24.91 vs. the industry median of 2.40, Objective has consistently been above 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 FCF Margin % for a Software company?
The median FCF Margin % among Software companies is 2.40, based on 2,811 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Objective's current FCF Margin % of 18.96% is 690% above 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Objective and its competitors. For the Software industry, the median FCF Margin % is 2.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Objective's current FCF Margin % is 18.96%, which is 24% below median its own 10-year median of 24.91. 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 FCF Margin % is 18.96%, which is 24% below median its 10-year median of 24.91 and 690% above the Software industry median of 2.40. 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 FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Objective (ASX:OCL), the current FCF Margin % is 18.96% 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:

  • FCF Margin %: 18.96% (24% below median its 10-year median of 24.91)
  • GF Value™: A$16.50 vs. price of A$10.33 (37.4% below fair value)
  • GF Score™: 98/100 with 2 warning signs
  • Industry Position: 690% above the Software median (#166 of 2811)

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

FCF Margin % 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