ObjectiveASX:OCL -1.02%92 3-Year ROIIC % is 62.28 as of Jun. 2025, which is 275% above its 10-year median of 16.59. GuruFocus rates ASX:OCL with a GF Score™ of 92/100 and a GF Value™ of A$16.52 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 2,621 Software companies, Objective ranks better than 83.63% on this metric.
3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
Objective's 3-Year ROIIC % for the quarter that ended in Jun. 2025 was 62.28%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Objective's 3-Year ROIIC % or its related term are showing as below:
ASX:OCL's 3-Year ROIIC % is ranked better than 83.63% of 2621
companies
in the Software industry
Industry Median: 5.25
vs ASX:OCL: 62.28
Objective (ASX:OCL) 3-Year ROIIC % Explanation
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Objective 3-Year ROIIC % Related Terms
Objective 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Objective's 3-Year ROIIC % 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.
ASX:OCL vs UBER, SHOP, CRM: 3-Year ROIIC % Comparison
For the Software - Application subindustry, Objective's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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 3-Year ROIIC % vs Software Industry
For the Software industry and Technology sector, Objective's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Objective's 3-Year ROIIC % falls into.
* 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.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Objective (ASX:OCL) has a 3-Year ROIIC % of 62.28 as of Jun. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Objective and its competitors. This is 275% above median its historical median of 16.59. Over the past decade, Objective's 3-Year ROIIC % has ranged from 2.36 to 62.28. According to the industry distribution chart, Objective ranks #429 out of 2621 companies in the Software industry, placing it in the top 16.4%.
Is Objective's 3-Year ROIIC % too high?
Objective's current 3-Year ROIIC % of 62.28 is 275% above median its 10-year median of 16.59. Over the past 10 years, this metric has ranged from a low of 2.36 to a high of 62.28. The Software industry median 3-Year ROIIC % is 5.25. Objective's value of 62.28 is 1086.3% above this industry median. Based on the distribution chart, Objective ranks #429 out of 2621 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Objective has a GF Score™ of 92/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Objective's 3-Year ROIIC % compare to UBER and SHOP?
According to the Software industry distribution chart, Objective ranks #429 out of 2621 companies for 3-Year ROIIC %. This places Objective in the top 16% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 5.25. Objective's value of 62.28 is 1086.3% above this benchmark. Historically, Objective's own 3-Year ROIIC % has ranged from 2.36 to 62.28 over the past decade. While the company's 10-year median is 16.59 vs. the industry median of 5.25, 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 3-Year ROIIC % for a Software company?
The median 3-Year ROIIC % among Software companies is 5.25, based on 2,621 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Objective's current 3-Year ROIIC % of 62.28 is 1086.3% 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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Objective and its competitors. For the Software industry, the median 3-Year ROIIC % is 5.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Objective's current 3-Year ROIIC % is 62.28, which is 275% above median its own 10-year median of 16.59. 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$16.52, compared to a current price of A$6.78 — trading 59% below its estimated fair value. The current 3-Year ROIIC % is 62.28, which is 275% above median its 10-year median of 16.59 and 1086.3% above the Software industry median of 5.25. Objective's overall GF Score™ is 92/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Objective (ASX:OCL), the current 3-Year ROIIC % is 62.28 as of Jun. 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$6.78 is trading 59% below its estimated GF Value™ of A$16.52.
GuruFocus considers Objective to be Significantly Undervalued.
Key valuation signals for ASX:OCL:
3-Year ROIIC %: 62.28 (275% above median its 10-year median of 16.59)
GF Value™: A$16.52 vs. price of A$6.78 (59% below fair value)
Industry Position: 1086.3% above the Software median (#429 of 2621)
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.
92GF Score
Get the complete analysis for ASX:OCL
3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:OCL has been successfully added to your 
