Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Objective Corporation Limited (OCL.AX)

Company Dividend Discount ModelIndustry: Software - ApplicationSector: Technology

Valuation Snapshot

Stable Growth$12.83 - $30.87$19.01
Multi-Stage$9.41 - $10.26$9.83
Blended Fair Value$14.42
Current Price$19.16
Upside-24.73%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS34.76%23.16%0.260.130.110.090.070.060.050.050.040.04
YoY Growth--93.96%23.12%22.82%28.85%17.59%21.29%2.79%22.35%7.36%10.36%
Dividend Yield--1.34%1.13%0.78%0.64%0.39%0.78%1.70%1.32%1.71%1.97%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)57.56
(-) Cash Dividends Paid (M)33.25
(=) Cash Retained (M)24.31
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)11.517.204.32
Cash Retained (M)24.3124.3124.31
(-) Cash Required (M)-11.51-7.20-4.32
(=) Excess Retained (M)12.8017.1220.00
(/) Shares Outstanding (M)96.6896.6896.68
(=) Excess Retained per Share0.130.180.21
LTM Dividend per Share0.340.340.34
(+) Excess Retained per Share0.130.180.21
(=) Adjusted Dividend0.480.520.55
WACC / Discount Rate9.42%9.42%9.42%
Growth Rate5.50%6.50%7.50%
Fair Value$12.83$19.01$30.87
Upside / Downside-33.06%-0.76%61.10%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)57.5661.3065.2969.5374.0578.8681.23
Payout Ratio57.76%64.21%70.66%77.10%83.55%90.00%92.50%
Projected Dividends (M)33.2539.3646.1353.6161.8770.9875.14

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.42%9.42%9.42%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)35.6435.9736.31
Year 2 PV (M)37.8138.5339.26
Year 3 PV (M)39.7840.9242.09
Year 4 PV (M)41.5743.1644.81
Year 5 PV (M)43.1745.2647.42
PV of Terminal Value (M)712.07746.47782.18
Equity Value (M)910.04950.32992.06
Shares Outstanding (M)96.6896.6896.68
Fair Value$9.41$9.83$10.26
Upside / Downside-50.87%-48.70%-46.44%

High-Yield Dividend Screener

« Prev Page 62 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
5139.KLAEON Credit Service (M) Berhad2.49%$0.1421.23%
MOBA.OLMorrow Bank ASA2.49%$0.4035.32%
NOKIA.HENokia Oyj2.49%$0.1465.00%
SUNI.JKPT Sunindo Pratama Tbk2.49%$20.7827.09%
TIPCO.BKTipco Foods Public Company Limited2.49%$0.1933.58%
003220.KSDaewon Pharmaceutical Co., Ltd.2.48%$297.3678.76%
081000.KSIljin Diamond Co.,Ltd2.48%$298.1639.09%
2489.HKPersistence Resources Group Ltd2.48%$0.0348.82%
2755.TWOYoungQin International Co., Ltd.2.48%$2.9054.00%
5474.TWOYuan High-Tech Development Co., Ltd.2.48%$3.9963.53%
6665.TWOHealthconn Corp.2.48%$0.5186.65%
7276.TKoito Manufacturing Co., Ltd.2.48%$57.3733.13%
BREB.BRBrederode S.A.2.48%$2.6620.88%
ICBP.JKPT Indofood CBP Sukses Makmur Tbk2.48%$200.0025.69%
ILU.AXIluka Resources Limited2.48%$0.1513.66%
LOXLEY.BKLoxley Public Company Limited2.48%$0.0332.70%
203450.KQUNION biometrics Co., Ltd.2.47%$77.4517.43%
300138.SZChenGuang Biotech Group Co., Ltd.2.47%$0.3144.10%
600854.SSJiangsu chunlan refrigerating equipment stock co.,ltd.2.47%$0.1253.56%
601108.SSCaitong Securities Co.,Ltd.2.47%$0.2238.34%
ACTINVRB.MXCorporación Actinver, S. A. B. de C. V.2.47%$0.5516.64%
ALCIS.PACatering International & Services S.A.2.47%$0.3426.64%
QBR-A.TOQuebecor Inc.2.47%$1.3738.63%
U13.SIUnited Overseas Insurance Limited2.47%$0.1947.92%
002415.SZHangzhou Hikvision Digital Technology Co., Ltd.2.46%$0.7451.16%
2897.TNissin Foods Holdings Co.,Ltd.2.46%$71.7542.73%
300144.SZSongcheng Performance Development Co.,Ltd2.46%$0.2066.36%
300257.SZKaishan Group Co., Ltd.2.46%$0.3585.09%
4452.TKao Corporation2.46%$153.9058.66%
6530.TWOAxcen Photonics Corporation2.46%$1.5382.52%
6571.TQB Net Holdings Co.,Ltd.2.46%$34.3143.61%
7298.TYachiyo Industry Co., Ltd.2.46%$34.0716.58%
2478.TWTA-I Technology Co., Ltd.2.45%$1.5253.44%
603305.SSNingbo Xusheng Auto Technology Co., Ltd.2.45%$0.4098.16%
603919.SSJINHUI LIQUOR Co.,Ltd.2.45%$0.5065.59%
688616.SSHangzhou Xili Intelligent Technology Co.,Ltd2.45%$0.3055.59%
KALMAR.HEKalmar Oyj2.45%$1.0044.14%
TOWR.JKPT Sarana Menara Nusantara Tbk.2.45%$14.3423.50%
VIVT3.SATelefônica Brasil S.A.2.45%$0.8042.63%
103140.KSPoongsan Corporation2.44%$2,600.4939.75%
300017.SZWangsu Science & Technology Co.,Ltd.2.44%$0.2572.18%
3086.TJ. Front Retailing Co., Ltd.2.44%$53.5343.66%
600182.SSGiti Tire Corporation2.44%$0.3789.97%
600785.SSYinchuan Xinhua Commercial (Group) Co., Ltd.2.44%$0.3355.95%
601636.SSZhuzhou Kibing Group Co.,Ltd2.44%$0.1564.94%
ELET5.SACentrais Elétricas Brasileiras S.A. - Eletrobrás2.44%$1.9263.99%
LISN.SWChocoladefabriken Lindt & Sprüngli AG2.44%$2,845.6050.18%
SCA-A.STSvenska Cellulosa Aktiebolaget SCA (publ)2.44%$3.0059.52%
000858.SZWuliangye Yibin Co.,Ltd.2.43%$2.5835.17%
002328.SZShanghai Xinpeng Industry Co.,Ltd.2.43%$0.1682.89%