OFX Group Limited

CHIA:OFX Stock Report

Market Cap: AU$334.8m

OFX Group Valuation

Is OFX undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

6/6

Valuation Score 6/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of OFX when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: OFX (A$1.41) is trading below our estimate of fair value (A$3.71)

Significantly Below Fair Value: OFX is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for OFX?

Key metric: As OFX is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for OFX. This is calculated by dividing OFX's market cap by their current earnings.
What is OFX's PE Ratio?
PE Ratio12.8x
EarningsAU$26.24m
Market CapAU$334.84m

Price to Earnings Ratio vs Peers

How does OFX's PE Ratio compare to its peers?

The above table shows the PE ratio for OFX vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average35.3x
TYR Tyro Payments
19.3x1.5%AU$495.4m
CCL Cuscal
18.3xn/aAU$478.9m
FND Findi
89.6x71.5%AU$361.8m
AFG Australian Finance Group
14.1xn/aAU$408.9m
OFX OFX Group
12.8x20.2%AU$334.8m

Price-To-Earnings vs Peers: OFX is good value based on its Price-To-Earnings Ratio (12.8x) compared to the peer average (35.3x).

Price to Earnings Ratio vs Industry

How does OFX's PE Ratio compare vs other companies in the Oceanian Diversified Financial Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
OFX 12.8xIndustry Avg. 15.8xNo. of Companies5PE0816243240+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: OFX is good value based on its Price-To-Earnings Ratio (12.8x) compared to the Global Diversified Financial industry average (15.7x).

Price to Earnings Ratio vs Fair Ratio

What is OFX's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

OFX PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio12.8x
Fair PE Ratio18.5x

Price-To-Earnings vs Fair Ratio: OFX is good value based on its Price-To-Earnings Ratio (12.8x) compared to the estimated Fair Price-To-Earnings Ratio (18.5x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst OFX forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentAU$1.41
AU$2.09
+48.7%
6.1%AU$2.27AU$2.00n/a3
Nov ’25AU$1.41
AU$2.18
+55.3%
2.6%AU$2.24AU$2.11n/a3
Oct ’25AU$2.18
AU$2.55
+17.4%
4.2%AU$2.64AU$2.37n/a4
Sep ’25AU$2.05
AU$2.55
+24.5%
4.2%AU$2.64AU$2.37n/a4
Aug ’25AU$2.21
AU$2.55
+15.8%
4.2%AU$2.64AU$2.37n/a4
Jul ’25AU$2.21
AU$2.55
+15.5%
4.2%AU$2.64AU$2.37n/a4
Jun ’25AU$2.10
AU$2.55
+21.6%
4.2%AU$2.64AU$2.37n/a4
May ’25AU$1.61
AU$2.25
+40.0%
3.4%AU$2.37AU$2.17n/a4
Apr ’25AU$1.63
AU$2.25
+38.1%
3.4%AU$2.37AU$2.17n/a4
Mar ’25AU$1.53
AU$2.21
+44.7%
1.5%AU$2.25AU$2.17n/a3
Feb ’25AU$1.48
AU$2.21
+49.1%
1.5%AU$2.25AU$2.17n/a3
Jan ’25AU$1.50
AU$2.09
+39.3%
7.5%AU$2.20AU$1.82n/a4
Dec ’24AU$1.37
AU$2.09
+52.7%
7.5%AU$2.20AU$1.82n/a4
Nov ’24AU$1.51
AU$2.39
+58.3%
15.0%AU$2.74AU$1.82AU$1.414
Oct ’24AU$1.76
AU$2.39
+36.2%
15.0%AU$2.74AU$1.82AU$2.184
Sep ’24AU$1.87
AU$2.39
+28.2%
15.0%AU$2.74AU$1.82AU$2.054
Aug ’24AU$2.07
AU$2.31
+11.7%
17.8%AU$2.78AU$1.82AU$2.214
Jul ’24AU$1.99
AU$2.31
+16.5%
17.8%AU$2.78AU$1.82AU$2.214
Jun ’24AU$1.82
AU$2.26
+24.7%
16.0%AU$2.65AU$1.82AU$2.104
May ’24AU$1.45
AU$2.29
+58.3%
17.6%AU$2.60AU$1.72AU$1.613
Apr ’24AU$1.57
AU$2.29
+45.9%
17.6%AU$2.60AU$1.72AU$1.633
Mar ’24AU$1.93
AU$3.06
+58.8%
10.5%AU$3.35AU$2.61AU$1.533
Feb ’24AU$2.03
AU$3.06
+50.6%
10.5%AU$3.35AU$2.61AU$1.483
Jan ’24AU$2.36
AU$3.08
+30.6%
9.6%AU$3.35AU$2.67AU$1.503
Dec ’23AU$2.45
AU$2.92
+19.2%
12.9%AU$3.35AU$2.44AU$1.374
Nov ’23AU$2.65
AU$2.86
+7.9%
11.8%AU$3.30AU$2.44AU$1.514

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

Discover undervalued companies

OFX Group

AU$334.8m

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

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AU$1.40

7D

-2.1%

1Y

1.4%

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HFA Holdings Limited operates as a fund management company in Australia.

NGI

AU$1.67

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-1.8%

1Y

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Perpetual

AU$2.4b

A publicly owned investment manager.

PPT

AU$21.38

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1Y

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