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OFX Group LimitedASX:OFX Stock Report

Market Cap AU$130.9m
Share Price
AU$0.56
AU$0.95
40.5% undervalued intrinsic discount
1Y-22.6%
7D-2.6%
1D
Portfolio Value
View

OFX Group Limited

ASX:OFX Stock Report

Market Cap: AU$130.9m

OFX Group (OFX) Stock Overview

Provides international payments and foreign exchange services in the Asia Pacific, North America, Europe, the Middle East, and Africa. More details

OFX fundamental analysis
Snowflake Score
Valuation5/6
Future Growth3/6
Past Performance0/6
Financial Health4/6
Dividends0/6

OFX Community Fair Values

Create Narrative

See what 19 others think this stock is worth. Follow their fair value or set your own to get alerts.

OFX Group Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for OFX Group
Historical stock prices
Current Share PriceAU$0.56
52 Week HighAU$0.92
52 Week LowAU$0.46
Beta0.21
1 Month Change3.67%
3 Month Change-8.13%
1 Year Change-22.60%
3 Year Change-71.32%
5 Year Change-57.84%
Change since IPO-77.93%

Recent News & Updates

Narrative Update Jun 05

OFX: Ongoing Strategic Review Will Support View Of Undervalued Shares

Analysts have adjusted their A$ price target on OFX Group in line with updated assumptions on revenue growth, profit margins, discount rate and future P/E. This leads to a valuation view that reflects these refreshed inputs rather than a change in the underlying fair value multiple.
Narrative Update May 11

OFX: CFO Appointment And Higher Future P/E Will Support Undervalued Shares

Analysts have trimmed their price target on OFX Group to A$x from A$y, reflecting slightly revised assumptions around the discount rate, revenue growth, profit margin and future P/E, while keeping fair value broadly unchanged. What's in the News OFX Group Limited was removed from the S&P/ASX All Ordinaries Index, which may affect how some index and benchmark-focused investors view the stock (Index Constituent Drops).
Narrative Update Apr 21

OFX: Option Review And Higher P/E Will Support Undervalued Shares

Analysts have trimmed their price target on OFX Group by A$0.05, reflecting slightly higher assumed discount rates and P/E expectations, along with modest adjustments to revenue growth and profit margin forecasts. What's in the News OFX Group Limited was removed from the S&P/ASX All Ordinaries Index, which can affect index-tracking fund ownership and trading volumes (Index Constituent Drops).

Recent updates

Narrative Update Jun 05

OFX: Ongoing Strategic Review Will Support View Of Undervalued Shares

Analysts have adjusted their A$ price target on OFX Group in line with updated assumptions on revenue growth, profit margins, discount rate and future P/E. This leads to a valuation view that reflects these refreshed inputs rather than a change in the underlying fair value multiple.
Narrative Update May 11

OFX: CFO Appointment And Higher Future P/E Will Support Undervalued Shares

Analysts have trimmed their price target on OFX Group to A$x from A$y, reflecting slightly revised assumptions around the discount rate, revenue growth, profit margin and future P/E, while keeping fair value broadly unchanged. What's in the News OFX Group Limited was removed from the S&P/ASX All Ordinaries Index, which may affect how some index and benchmark-focused investors view the stock (Index Constituent Drops).
Narrative Update Apr 21

OFX: Option Review And Higher P/E Will Support Undervalued Shares

Analysts have trimmed their price target on OFX Group by A$0.05, reflecting slightly higher assumed discount rates and P/E expectations, along with modest adjustments to revenue growth and profit margin forecasts. What's in the News OFX Group Limited was removed from the S&P/ASX All Ordinaries Index, which can affect index-tracking fund ownership and trading volumes (Index Constituent Drops).
Narrative Update Apr 07

OFX: Review Of Options And Higher P/E Will Support Undervalued Shares

Analysts have modestly lifted their A$ price target for OFX Group, citing small adjustments to the discount rate and revenue growth assumptions, along with slightly lower profit margin expectations and a marginally higher forward P/E of 34.54x. What's in the News OFX Group Limited was removed from the S&P/ASX All Ordinaries Index, which may affect how some index-tracking funds and mandates treat the stock (Index Constituent Drops).
Narrative Update Mar 23

OFX: Strategic Review Will Unlock Future Upside From Undervalued Levels

Analysts have trimmed their fair value estimate for OFX Group from A$0.93 to A$0.91, citing updated assumptions for growth, profitability, and a higher implied future P/E multiple. What's in the News OFX Group Limited was removed from the S&P/ASX All Ordinaries Index, which may affect how some index-tracking funds and mandates treat the stock (Key Developments).
Narrative Update Mar 08

OFX: Review And Higher Future P/E Will Support Confidence In Undervalued Shares

Analysts have made a slight adjustment to their A$ price target for OFX Group, reflecting updated assumptions around discount rates, revenue growth, profit margins and future P/E. Taken together, these factors point to a broadly unchanged view of fair value at 0.95x.
Narrative Update Feb 22

OFX: Higher Future P/E Will Underpin Confidence Despite Margin Reset

Analysts have slightly adjusted their price target for OFX Group, with a modest change in the A$ value reflecting updated views on discount rates, revenue growth assumptions, profit margins and future P/E expectations. Valuation Changes Fair Value: The A$ fair value estimate is unchanged at 0.95, indicating no revision to the central valuation point.
Narrative Update Feb 07

OFX: Higher Future P/E Will Underpin Confidence Despite Margin Reset

Analysts have cut their fair value estimate for OFX Group from A$1.63 to A$0.95 as they now apply a slightly higher discount rate, assume lower revenue growth and profit margins, and use a higher future P/E multiple in their models. Valuation Changes Fair Value: revised down from A$1.63 to A$0.95, a substantial cut in the analysts' estimate.
Narrative Update Jan 23

OFX: Steady Assumptions Will Support Future Upside From Undervalued Levels

Analysts have nudged their price target on OFX Group slightly higher, citing marginal tweaks to their discount rate and earnings assumptions while keeping fair value broadly steady at about A$0.93 per share. Valuation Changes Fair Value: Fair value per share remains unchanged at about A$0.93.
Narrative Update Jan 09

OFX: Stable Assumptions Will Support Long-Term Upside Potential

Analysts have kept their fair value estimate for OFX Group flat at A$0.93 per share, with only small tweaks to the discount rate, revenue growth, profit margin and future P/E assumptions. This reflects a view that the prior valuation already captured their current outlook.
Narrative Update Dec 14

OFX: Global Corporate Card Expansion Will Drive Long-Term Upside Potential

Analysts have nudged their price target for OFX Group slightly higher to reflect modest upward revisions in discount rate and future earnings multiples, while maintaining a broadly unchanged view of the company’s fair value and long term fundamentals. What's in the News OFX Group deepens its partnership with Thredd to underpin its global cards, payments and FX platform, integrating card issuing, spend management, FX solutions and payments into a single offering for SMB and corporate clients (Client Announcements).
Narrative Update Nov 28

OFX: US And APAC Expansion Will Drive Future Upside Despite Index Removal

Analysts have modestly increased their price target for OFX Group, citing an improved outlook for revenue growth. This comes despite only minor adjustments to profit margin and discount rate forecasts.
Narrative Update Nov 13

OFX: Future Expansion Into US And APAC Markets Will Drive Upside

OFX Group Price Target Lowered Amid Analyst Revisions Analysts have reduced their fair value estimate for OFX Group from $1.37 to $0.93. They cite updated assumptions for discount rates, revenue growth, profit margin, and future price-to-earnings multiples, which reflect a more cautious outlook on the company's financial trajectory.
Analysis Article Oct 27

Investors Don't See Light At End Of OFX Group Limited's (ASX:OFX) Tunnel

OFX Group Limited's ( ASX:OFX ) price-to-earnings (or "P/E") ratio of 6.6x might make it look like a strong buy right...
Narrative Update Oct 18

Pivot To B2B Spending Management Will Attract Clients Seeking Comprehensive Services

Narrative Update on OFX Group Analysts have maintained their price target for OFX Group at $1.37, citing steady projections for revenue growth, profit margins, and valuation multiples, with only negligible adjustments to underlying financial assumptions. What's in the News OFX Group expands its partnership with Thredd to enhance integrated corporate card and payments solutions, including launches in the United States and select APAC markets (Key Developments).
Narrative Update Oct 04

Pivot To B2B Spending Management Will Attract Clients Seeking Comprehensive Services

Analysts have raised their fair value estimate for OFX Group from $1.22 to $1.37. This change reflects improved revenue growth forecasts and a slight reduction in the anticipated discount rate.
Analysis Article May 22

News Flash: 3 Analysts Think OFX Group Limited (ASX:OFX) Earnings Are Under Threat

The latest analyst coverage could presage a bad day for OFX Group Limited ( ASX:OFX ), with the analysts making...
Analysis Article May 21

Why Investors Shouldn't Be Surprised By OFX Group Limited's (ASX:OFX) 29% Share Price Plunge

To the annoyance of some shareholders, OFX Group Limited ( ASX:OFX ) shares are down a considerable 29% in the last...
User avatar
New Narrative Feb 07

Pivot To B2B Spending Management Will Attract Clients Seeking Comprehensive Services

Pivot to B2B and investment in new platform with multicurrency accounts aim to increase revenue through enhanced client retention and service offerings.
Analysis Article Oct 17

Market Cool On OFX Group Limited's (ASX:OFX) Earnings Pushing Shares 31% Lower

OFX Group Limited ( ASX:OFX ) shareholders that were waiting for something to happen have been dealt a blow with a 31...
Analysis Article May 22

OFX Group Limited's (ASX:OFX) Shares Leap 35% Yet They're Still Not Telling The Full Story

The OFX Group Limited ( ASX:OFX ) share price has done very well over the last month, posting an excellent gain of 35...
Analysis Article Nov 14

Here's Why We Think OFX Group (ASX:OFX) Might Deserve Your Attention Today

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article Jul 07

Is Now The Time To Put OFX Group (ASX:OFX) On Your Watchlist?

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article Aug 19

OFX Group Limited's (ASX:OFX) CEO Might Not Expect Shareholders To Be So Generous This Year

Shareholders will probably not be too impressed with the underwhelming results at OFX Group Limited ( ASX:OFX...

Shareholder Returns

OFXAU Diversified FinancialAU Market
7D-2.6%2.9%1.7%
1Y-22.6%10.8%2.2%

Return vs Industry: OFX underperformed the Australian Diversified Financial industry which returned 10.8% over the past year.

Return vs Market: OFX underperformed the Australian Market which returned 2.2% over the past year.

Price Volatility

Is OFX's price volatile compared to industry and market?
OFX volatility
OFX Average Weekly Movement6.0%
Diversified Financial Industry Average Movement6.0%
Market Average Movement10.1%
10% most volatile stocks in AU Market17.2%
10% least volatile stocks in AU Market4.0%

Stable Share Price: OFX has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: OFX's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1998702Skander Malcolmwww.ofx.com

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.

OFX Group Limited Fundamentals Summary

How do OFX Group's earnings and revenue compare to its market cap?
OFX fundamental statistics
Market capAU$130.94m
Earnings (TTM)-AU$391.00k
Revenue (TTM)AU$213.01m
0.6x
P/S Ratio
-334.9x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
OFX income statement (TTM)
RevenueAU$213.01m
Cost of RevenueAU$16.39m
Gross ProfitAU$196.62m
Other ExpensesAU$197.01m
Earnings-AU$391.00k

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

Nov 10, 2026

Earnings per share (EPS)-0.0017
Gross Margin92.31%
Net Profit Margin-0.18%
Debt/Equity Ratio10.3%

How did OFX perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/13 20:38
End of Day Share Price 2026/06/12 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

OFX Group Limited is covered by 6 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Silvia SpadeaBofA Global Research
Cameron HalkettCanaccord Genuity
Bob ChenDeutsche Bank