Open Up Group Inc. (BNXYF) fair value: what the stock is really worth
As of Oct 30, 2026: fair value (intrinsic value) of Open Up Group Inc. stock $18.55, price $12.74, upside +45.6%, quality 69 out of 100. Rating: undervalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 4, 2026.
How to read this chart
30‑month range $11.64 – $13.22 · fair‑value band $13.91 – $23.18 · the $12.74 price screens below the $18.55 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 4, 2026.
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Open Up Group Inc., together with its subsidiaries, engages in the dispatch of engineers to manufacturers, construction contractors, and IT companies in Japan, the United Kingdom, and internationally.
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It operates through Machinery, Electronics and IT Software; Construction; Overseas; and Other segments.
The company offers outsourcing and contracting services for engineer temporary staffing, embedded software development, experimentation, and evaluation, etc.; technical consulting; research and development; automotive development support; image recognition software development; and other solutions.
It also provides system planning, development, implementation, modification, maintenance, and operation; and IT consulting services.
In addition, the company is involved in the construction management engineer dispatch, CAD operator dispatch, and construction drawing production activities; construction drafting; experienced dispatch; fee-charging job placement; technical dispatch; personnel placement and consulting; and contracting/paid job introduction businesses.
Further, it engages in online programming education, placement, and corporate training businesses; personnel referral; and employment services for people with disabilities in the flower arrangement and stationery businesses, as well as the outsourcing businesses, which include digitalization and filing of documents, data entry into internal systems, and contract binding.
The company was formerly known as BeNext-Yumeshin Group Co. and changed its name to Open Up Group Inc. in January 2023. Open Up Group Inc. was incorporated in 1997 and is headquartered in Minato, Japan.
Stock analysis
Open Up Group Inc. (BNXYF) currently trades at $12.74, while our model-based Fair Value estimate is $18.55, implying the stock looks roughly 31% undervalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of $20.79 per share, and 17 of the 26 models we run sit above the $12.74 price.
Bear case: the Dividend Discount group reads lowest at $7.44, and 9 of the 26 models stay below the price. Data coverage for this calculation is high.
Scenario range: $13.91 (bear) to $23.18 (bull), the price of $12.74 sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 69/100 (solid quality), in the Industrials sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Open Up Group Inc. reported revenue of ¥167B in FY2026 versus ¥149B in FY2022, a compound +3.0%/yr. Reported net income was ¥11.8B in FY2026, compounding +14.1%/yr from FY2022.
Key figures
Market cap $1.1B Small · P/E ratio 12.7 · P/S ratio 0.90 · EPS (TTM) $1.00 · Dividend yield 4.2% · Net margin 7.1% · Return on equity 14.9% · Return on assets (EBIT) 12.2% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 50 out of 100 (low confidence).
What moves the price
The share trades about 3% above its previous 52-week high, currently above its 200-day average.
For context, the median of 10 Industrials peers we cover trades at 14% fair-value upside, at 46%, BNXYF screens cheaper than that median.
Fair Value models
Bear$13.91Fair Value $18.55Bull$23.18
Price $12.74 · Upside +45.6%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2026 figures (about 4 months old). Earnings retained since then ($0.1674 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.95/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+8.2%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+18.1%
Start year 2020 (pandemic)
’20
’21
’22
’23
’24
’25
’26
What shareholders gained per year (last 5 years), in JPY ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in JPY: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+24.6%
Earnings growth per share plus dividend.
Earnings per share, growth per year+20.4%
Dividend (yield on the price)4.2%
Profit margin 2021 to 2026 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.−26% → 10%
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far and less than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
−3.4%
The company could shrink this much every year for the next five years and today's price would still be justified.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+9.3%
Yearly sales growth analysts expect, extended to five years.
After inflation (figures in JPY, Japan: IMF forecast 2.1% a year to 2030, 1.3% from 2016 to 2025) that is about −5.4% a year for the price and +7.0% for the forecasts.
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Staffing & Employment Services · 83 stocks
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Open Up Group Inc. Fair Value". https://www.fairvalue-calculator.com/stock/BNXYF
Frequently asked questions
Is Open Up Group Inc. (BNXYF) overvalued or undervalued?
As of Nov 4, 2026, our model estimates a fair value of $18.55 versus the last price from Oct 30, 2026 of $12.74, about +46% upside (undervalued).
What is the fair value of BNXYF?
Our model-based fair value for Open Up Group Inc. is $18.55 (as of Nov 4, 2026), built from audited fundamentals. Last price (from Oct 30, 2026): $12.74.
What is the quality score of BNXYF?
Open Up Group Inc. has a Quality Score of 69/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Open Up Group Inc. (BNXYF)?
Our model-based price target is the fair value of $18.55 (as of Nov 4, 2026) from 26 valuation models. Cautious scenario $13.91, optimistic scenario $23.18. It is a calculation from audited fundamentals, not an analyst target.
What is the Open Up Group Inc. stock forecast for 2026?
Our models put fair value at $18.55, about +46% upside versus the last price from Oct 30, 2026 of $12.74 (undervalued). Cautious scenario $13.91, optimistic scenario $23.18. The calculation is refreshed regularly with new filings.
What is the revenue of Open Up Group Inc. (BNXYF)?
Open Up Group Inc. reported trailing-twelve-month revenue of about ¥167B (latest available figure, as of Nov 4, 2026).
Does Open Up Group Inc. pay a dividend?
Open Up Group Inc. currently shows a dividend yield of 4.22% relative to its recent price (as of Nov 4, 2026).
How much is the dividend of Open Up Group Inc. (BNXYF) and when is the ex-dividend date?
Open Up Group Inc. pays a dividend of $0.537 per share a year, a dividend yield of 4.2%. The next ex-dividend date is Dec 29, 2026. The payout ratio is 61.1% of earnings. Free cash flow covers the dividend 2.39 times. Our assessment: Sustainable. Payout and cash coverage both look sustainable.
What growth is priced into Open Up Group Inc. (BNXYF)?
For today's price to be fair in a discounted-cash-flow model, Open Up Group Inc. would have to grow free cash flow by -3.4 % per year for five years (discount rate 10.3 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +11.1 % per year. As of Nov 4, 2026.
What discount rate (WACC) does the fair value of BNXYF use?
Our models discount Open Up Group Inc. at 10.3 %: a base by market capitalisation (small), damped by beta 0.67, country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Open Up Group Inc. that is -3.4 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (10.3 %) and the same formula as our fair value.
How much growth has Open Up Group Inc. (BNXYF) delivered so far?
Over the past 5 years revenue at Open Up Group Inc. grew +11.1 % a year. The price currently implies free-cash-flow growth of -3.4 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Open Up Group Inc. (BNXYF) growing?
The median revenue growth in the sector is +7.8 % a year. That is the yardstick for the growth priced into Open Up Group Inc. (-3.4 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Open Up Group Inc. (BNXYF)?
The free-cash-flow yield on the price is 10.10 %: that much free cash flow Open Up Group Inc. produces per unit of market value. When it exceeds the discount rate of our models (10.3 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Open Up Group Inc. (BNXYF)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Open Up Group Inc. it is $18.55 per share (as of Nov 4, 2026), against a price of $12.74. It is the blended result of 26 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Open Up Group Inc. stock overvalued or undervalued in 2026?
As of Nov 4, 2026, BNXYF trades below its calculated fair value: price $12.74, fair value $18.55, a gap of about +46% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of BNXYF?
No. The price is what the market pays today ($12.74); the fair value is what the company's own numbers justify ($18.55). For Open Up Group Inc. the two are $5.81 per share apart. That gap is exactly why we show both numbers side by side.
How much is Open Up Group Inc. worth?
The market values Open Up Group Inc. at about $1.1B (market capitalisation, as of Nov 4, 2026). Per share that is $12.74; our models calculate a fair value of $18.55 per share.
What do the bullish and bearish scenarios say about BNXYF?
Our models span a range for Open Up Group Inc.: cautious scenario $13.91, base $18.55, optimistic $23.18 per share (as of Nov 4, 2026, price $12.74). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of BNXYF?
Open Up Group Inc. trades at a price-to-earnings ratio of 12.7 (as of Nov 4, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $18.55 is built from several models across several years. Other multiples: P/B 2.1, P/S 1.0, EV/EBITDA 7.9.
How solid is the balance sheet of Open Up Group Inc. (BNXYF)?
Balance-sheet figures for Open Up Group Inc. (as of Nov 4, 2026): return on equity 14.9%, debt of 0.06 per unit of equity. They feed the Quality Score of 69/100, which measures business quality independently of the share price.
How far is BNXYF from its 52-week high?
Open Up Group Inc. trades at $12.74, about 3% above its previous 52-week high of $12.38 and 13% above the low of $11.31 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of $18.55 is for.
Which stocks are comparable to Open Up Group Inc.?
From the same area (Industrials) we also value Randstad N.V, Adecco Group, Korn Ferry,, Robert Half Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Open Up Group Inc. stock attractive at the current price?
The data as of Nov 4, 2026: price $12.74, calculated fair value $18.55 (+46%), Quality Score 69/100, from 26 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of BNXYF calculated?
We run Open Up Group Inc. through 26 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of $18.55 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. Open Up Group Inc. currently trades 31% below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Open Up Group Inc. (BNXYF)?
The latest price we hold is from Oct 30, 2026 and stands at $12.74. Our model-based fair value is $18.55, about +46% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Open Up Group Inc. right now?
The price is below even our cautious bear case ($13.91). The market is more pessimistic than our downside scenario. Solid quality (69/100) at a price below fair value, the discount is the argument here, not the business quality.
Key figures of Open Up Group Inc.
How large is the market capitalisation of Open Up Group Inc. (BNXYF)?
The market capitalisation of Open Up Group Inc. is $1.1B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Open Up Group Inc. (BNXYF)?
The price-to-sales ratio of Open Up Group Inc. is 0.90 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Open Up Group Inc. (BNXYF)?
Earnings per share at Open Up Group Inc. are $1.00 (price ÷ EPS = P/E 12.7). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Open Up Group Inc. (BNXYF)?
The dividend yield of Open Up Group Inc. is 4.2% (payout 53.7%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Open Up Group Inc. (BNXYF)?
The net margin of Open Up Group Inc. is 7.1% (fiscal year 2026). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Open Up Group Inc. (BNXYF)?
The return on equity (ROE) of Open Up Group Inc. is 14.9% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Open Up Group Inc. (BNXYF)?
On an EBIT basis the return on assets of Open Up Group Inc. is 12.2% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Open Up Group Inc. (BNXYF)?
The operating margin of Open Up Group Inc. is 6.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Open Up Group Inc. (BNXYF)?
Revenue at Open Up Group Inc. is growing +2.6% versus a year earlier (3y avg +3.6%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Open Up Group Inc. (BNXYF)?
Earnings per share at Open Up Group Inc. are growing −43.2% versus a year earlier. How much earnings per share grew versus a year earlier.
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Broad data
Nov 4, 2026