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OFX Group (OFX) Fair Value & Analysis

Financial Services · AU · Market cap A$126M

OG OFX Group OFX · AU
PriceA$0.8100
Fair ValueA$0.1900
Upside-76.5%
Quality62/100
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Mixed Growth
Loss-making · -0.2% net margin
Low debt · generates free cash flow
Mixed vs. peers (5/11)
Narrow moat 22/100
Evidence: Medium Range A$0.1800 – A$0.2000 Share as image

Fair value as of: Jul 18, 2026

From 3 valuation models · updated 23 days ago

Share price +57.3% over the past month.

A solid business, but screening 77% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (A$0.2000). The favourable scenario is already priced in.
  • Solid but not exceptional quality (62/100) and above fair value, neither a clear bargain nor a standout compounder.
  • The models converge in a tight band (A$0.1800 to A$0.2000), unusually little disagreement for a valuation.
  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
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Price vs Fair Value (5 years)

A$2.83 A$0.4600 Fair Value A$0.1900 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 18, 2026.

How to read this chart

60‑month range A$0.4600 – A$2.83 · fair‑value band A$0.1800 – A$0.2000 · the A$0.8100 price screens above the A$0.1900 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 18, 2026.

Full chart & analysis →

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Analysis

OFX Group (OFX) currently trades at A$0.8100, while our model-based Fair Value estimate is A$0.1900, implying the stock looks roughly 76.5% overvalued today. The Quality Score stands at 62/100 (solid quality), in the Financial Services sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: medium).

Over the trailing twelve months, OFX Group generated revenue of A$213M at a net margin of -0.2%. Revenue declined 11.2% year over year. It earns a return on equity of -0.2%. The balance sheet holds a net cash position of A$14.6M. Fundamentals as of Jul 18, 2026

Our scenario range runs from A$0.1800 (bear case) to A$0.2000 (bull case); at A$0.8100, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 12% below its 52-week high and 76% above its 52-week low, currently above its 200-day average. For context, the median of 10 Financial Services peers we cover trades at 11% fair-value upside, at -77%, OFX screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model 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. Evidence
Highest evidence
Growth DCF A$6.82 A$10.94 A$17.36 80
NCAV (Graham) A$0.3800 A$0.5100 A$0.7500 50
Owner Earnings A$1.20 A$2.23 A$4.02 31
All 3 models by family
DCF Models
Owner Earnings A$1.20 A$2.23 A$4.02 31
Asset-Based
NCAV (Graham) A$0.3800 A$0.5100 A$0.7500 50
Growth DCF
Growth DCF A$6.82 A$10.94 A$17.36 80

Widest divergence: Growth DCF (A$10.94) versus Asset-Based (A$0.5100). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) A$213M
Revenue growth (YoY) -11.2%
Net margin -0.2%
Return on equity -0.2%
Free cash flow A$140M FY2026
Operating margin -3.5%
More key figures
EPS growth (YoY) -77.7%
Net cash A$14.6M FY2026

Figures from reported company fundamentals · as of Jul 18, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 62/100

Of which business quality 64 · Market factors (momentum, volatility) 58

Profitability 20
Margins and returns on capital today
Quality Growth 61
Are margins and returns improving?
Cashflow 100
Earnings quality: real cash, not paper profit
Fin. Strength 37
Balance sheet, leverage, solvency risk
Investment 88
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 67
Price trend over the last 3–12 months (market factor)
52W Momentum 52
Distance to the 52-week high (market factor)
Net Issuance 100
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

OFX Group Limited provides international payments and foreign exchange services in the Asia Pacific, North America, Europe, the Middle East, and Africa.

Full company description

OFX Group Limited provides international payments and foreign exchange services in the Asia Pacific, North America, Europe, the Middle East, and Africa. The company offers business accounts, payments and transfers, corporate cards, currency accounts, FX solutions, batch and payroll payments, spot transfers, forward contracts, control hub, spend management, accounts payable and bill payments services. It offers products and services to consumers, corporates, online sellers, and enterprise clients. The company was formerly known as OzForex Group Limited and changed its name to OFX Group Limited in September 2016. OFX Group Limited was founded in 1998 and is headquartered in Sydney, Australia.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

OFX Group reported revenue of A$213M in FY2026 versus A$158M in FY2022, a compound +7.7%/yr. Reported net income was −A$391K in FY2026.

Growth Quality 49/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2026)
A$213M
Avg. growth/yr (3Y) 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.
−2.4%
Avg. growth/yr (5Y) 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.
+9.6%
Avg. growth/yr (16Y) 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.
+14.0%
Revenue +7.7%/yr
FY22 A$158M
FY23 A$229M
FY24 A$243M
FY25 A$8.3M
FY26 A$213M
Net income
FY22 A$24.5M
FY23 A$31.4M
FY24 A$31.3M
FY25 A$24.9M
FY26 −A$391K
Character of growth · EPS growth decomposed (2015-2026) +2.9 % p.a.
Revenue per share +1.6 pp

of which total revenue +1.7 pp · buybacks/dilution −0.1 pp

EBIT margin +0.9 pp
Tax rate +1.8 pp
Residual (interest, one-offs) −1.4 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

OFX screens 77% overvalued. Compare with Huatai Securities Co →

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Cite: Fair Value Calculator (2026). "OFX Group Fair Value". https://www.fairvalue-calculator.com/stock/OFX

Peer Group

Capital Markets · 423 stocks

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.

Quality Score 63 · Above median
Fair Value upside −77% · Bottom 25%
Return on assets -0% · Bottom 25%
Net margin (TTM) -0% · Bottom 25%
Operating margin (TTM) -4% · Bottom 25%
Revenue growth -11% · Bottom 25%
Debt / equity 0.10× · Lower than median

Valuation Multiples vs Capital Markets median · lower = cheaper

P/B 0.51× · Cheaper than 75% of peers
P/S (TTM) 0.42× · Cheaper than 75% of peers
P/FCF 0.6× · Cheaper than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 9
FUTURE 0 · sector 96
PAST 0 · sector 30
HEALTH 95 · sector 93
DIVIDEND 0 · sector 36

VALUE 0: the price sits above our fair-value range.

Insider activity: 35/100

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Capital Markets stocks, each showing price versus our Fair Value estimate (as of Jul 18, 2026).

Stock Price Fair Value vs Fair Value
Huatai Securities Co HTSC $0.2700 $0.0400 -85%
Mirae Asset Securities Co 006800 38,750 KRW 31,645 KRW -18%
Meritz Financial Group 138040 117,000 KRW 87,706 KRW -25%
Korea Investment Holdings 071050 239,000 KRW 318,825 KRW +33%
NH Investment & Securities Co 005940 31,000 KRW 37,133 KRW +20%
Samsung Securities Co 016360 107,700 KRW 126,487 KRW +17%
Motilal Oswal Financial Services Limited MOTILALOFS ₹967.00 ₹299.65 -69%
Kiwoom Securities Co 039490 322,000 KRW 358,091 KRW +11%
SSI Securities Corporation SSI 24,250 VND 28,021 VND +16%
Bolsas y Mercados Argentinos S.A BYMA 313.75 ARS 120.22 ARS -62%

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Frequently asked questions

Is OFX Group (OFX) overvalued or undervalued?
As of Jul 18, 2026, our model estimates a fair value of A$0.1900 versus a price of A$0.8100, about −77% (overvalued).
What is the fair value of OFX?
Our model-based fair value for OFX Group is A$0.1900 (as of Jul 18, 2026), built from audited fundamentals. The current price is A$0.8100.
What is the quality score of OFX?
OFX Group has a Quality Score of 62/100. 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 revenue of OFX Group (OFX)?
OFX Group reported trailing-twelve-month revenue of about A$213M (latest available figure, as of Jul 18, 2026).
What is the net profit margin of OFX?
The net profit margin of OFX Group is about -0.2%, meaning it is currently running at a net loss. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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