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Objective (ASX:OCL) EV-to-EBIT : 35.60 (As of May. 24, 2024)


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What is Objective EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Objective's Enterprise Value is A$1,105.4 Mil. Objective's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$31.0 Mil. Therefore, Objective's EV-to-EBIT for today is 35.60.

The historical rank and industry rank for Objective's EV-to-EBIT or its related term are showing as below:

ASX:OCL' s EV-to-EBIT Range Over the Past 10 Years
Min: 5.49   Med: 34.97   Max: 103.18
Current: 35.6

During the past 13 years, the highest EV-to-EBIT of Objective was 103.18. The lowest was 5.49. And the median was 34.97.

ASX:OCL's EV-to-EBIT is ranked worse than
74.25% of 1670 companies
in the Software industry
Industry Median: 17.675 vs ASX:OCL: 35.60

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Objective's Enterprise Value for the quarter that ended in Dec. 2023 was A$1,138.6 Mil. Objective's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$31.0 Mil. Objective's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 2.73%.


Objective EV-to-EBIT Historical Data

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.

* Premium members only.

Objective EV-to-EBIT Chart

Objective Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.08 47.82 79.17 53.20 56.95

Objective Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EV-to-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 - 53.20 - 56.95 -

Competitive Comparison of Objective's EV-to-EBIT

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's EV-to-EBIT Distribution in the 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 EV-to-EBIT Calculation

Objective's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1105.350/31.045
=35.60

Objective's current Enterprise Value is A$1,105.4 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. 2023 was A$31.0 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) EV-to-EBIT Explanation

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.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Objective's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=31.045/1138.580303
=2.73 %

Objective's Enterprise Value for the quarter that ended in Dec. 2023 was A$1,138.6 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. 2023 was A$31.0 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

Thank you for viewing the detailed overview of Objective's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Objective (ASX:OCL) Business Description

Traded in Other Exchanges
N/A
Address
177 Pacific Highway, Level 30, North Sydney, Sydney, NSW, AUS, 2060
Objective Corporation 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.

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