Open Up Group (TSE:2154) ROE %: 16.61% (As of Mar. 2026) — Near Median


TSE:2154 Open Up Group Inc TSE:2154
72 GF Score
Price 円1,916.00
GF Value 円1,969.47
Valuation Fairly Valued
! 2 Warning Signs
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What is Open Up Group ROE %?

Open Up Group TSE:2154 +1.70% 72 ROE % is 16.61% as of Mar. 2026, which is 1% below its 10-year median of 16.78. GuruFocus rates TSE:2154 with a GF Score™ of 72/100 and a GF Value™ of 円1,969.47 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,058 Business Services companies, Open Up Group ranks better than 77.6% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Open Up Group's annualized net income for the quarter that ended in Mar. 2026 was 円12,920 Mil. Open Up Group's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was 円77,762 Mil. Therefore, Open Up Group's annualized ROE % for the quarter that ended in Mar. 2026 was 16.61%.

The historical rank and industry rank for Open Up Group's ROE % or its related term are showing as below:

TSE:2154' s ROE % Range Over the Past 10 Years
Min: -69.76   Med: 16.78   Max: 32.28
Current: 17.67

During the past 13 years, Open Up Group's highest ROE % was 32.28%. The lowest was -69.76%. And the median was 16.78%.

TSE:2154's ROE % is ranked better than
77.6% of 1058 companies
in the Business Services industry
Industry Median: 8.095 vs TSE:2154: 17.67

Open Up Group  (TSE:2154) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=12920/77761.5
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(12920 / 166788)*(166788 / 123737.5)*(123737.5 / 77761.5)
=Net Margin %*Asset Turnover*Equity Multiplier
=7.75 %*1.3479*1.5912
=ROA %*Equity Multiplier
=10.45 %*1.5912
=16.61 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=12920/77761.5
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (12920 / 18564) * (18564 / 18488) * (18488 / 166788) * (166788 / 123737.5) * (123737.5 / 77761.5)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.696 * 1.0041 * 11.08 % * 1.3479 * 1.5912
=16.61 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Open Up Group ROE % Related Terms


Open Up Group ROE % Historical Data

* Premium members only.

The historical data trend for Open Up Group's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Open Up Group ROE % Chart

Open Up Group Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -69.76 10.88 14.86 17.04 16.52

Open Up Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.17 19.89 14.56 19.59 16.61

TSE:2154 vs KFY, RHI, TNET: ROE % Comparison

For the Staffing & Employment Services subindustry, Open Up Group's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Open Up Group ROE % vs Business Services Industry

For the Business Services industry and Industrials sector, Open Up Group's ROE % distribution charts can be found below:

* The bar in red indicates where Open Up Group's ROE % falls into.


TSE:2154
72GF Score
Open Up Group Inc TSE:2154
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Open Up Group ROE % Calculation

Open Up Group's annualized ROE % for the fiscal year that ended in Jun. 2025 is calculated as

ROE %=Net Income (A: Jun. 2025 )/( (Total Stockholders Equity (A: Jun. 2024 )+Total Stockholders Equity (A: Jun. 2025 ))/ count )
=12559/( (73198+78835)/ 2 )
=12559/76016.5
=16.52 %

Open Up Group's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=12920/( (77592+77931)/ 2 )
=12920/77761.5
=16.61 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 16.61% mean?
Open Up Group (TSE:2154) has a ROE % of 16.61% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Open Up Group and its competitors. This is near median its historical median of 16.78. According to the industry distribution chart, Open Up Group ranks #237 out of 1058 companies in the Business Services industry, placing it in the top 22.4%.
Is Open Up Group's ROE % too high?
Open Up Group's current ROE % of 16.61% is near median its 10-year median of 16.78. The Business Services industry median ROE % is 8.10. Open Up Group's value of 16.61% is 105.2% above this industry median. Based on the distribution chart, Open Up Group ranks #237 out of 1058 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Open Up Group has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Open Up Group's ROE % compare to KFY and RHI?
According to the Business Services industry distribution chart, Open Up Group ranks #237 out of 1058 companies for ROE %. This places Open Up Group in the top 22% of its industry — outperforming the majority of peers. The industry median ROE % is 8.10. Open Up Group's value of 16.61% is 105.2% above this benchmark. While the company's 10-year median is 16.78 vs. the industry median of 8.10, Open Up Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Business Services company?
The median ROE % among Business Services companies is 8.10, based on 1,058 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Open Up Group's current ROE % of 16.61% is 105.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Open Up Group and its competitors. For the Business Services industry, the median ROE % is 8.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Open Up Group's current ROE % is 16.61%, which is near median its own 10-year median of 16.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Open Up Group stock overvalued right now?
Based on GuruFocus' analysis, Open Up Group (TSE:2154) is currently considered Fairly Valued. The stock's GF Value™ is 円1,969.47, compared to a current price of 円1,916.00 — trading 2.7% below its estimated fair value. The current ROE % is 16.61%, which is near median its 10-year median of 16.78 and 105.2% above the Business Services industry median of 8.10. Open Up Group's overall GF Score™ is 72/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Open Up Group (TSE:2154), the current ROE % is 16.61% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Open Up Group (TSE:2154) Overvalued in 2026?

Based on GuruFocus' analysis, Open Up Group stock appears to be undervalued. The current stock price of 円1,916.00 is trading 2.7% below its estimated GF Value™ of 円1,969.47. GuruFocus considers Open Up Group to be Fairly Valued.

Key valuation signals for TSE:2154:

  • ROE %: 16.61% (near median its 10-year median of 16.78)
  • GF Value™: 円1,969.47 vs. price of 円1,916.00 (2.7% below fair value)
  • GF Score™: 72/100 with 2 warning signs
  • Industry Position: 105.2% above the Business Services median (#237 of 1058)

No single metric tells the full story. See the TSE:2154 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Open Up Group Business Description

Address 2-14-1 Higashi Shimbashi, NBF Commodio Shiodome, Minato-ku, Tokyo, JPN, 105-0021
Open Up Group Inc provides human resource services and outsourcing or contracting services for manufacturing companies in Japan and overseas. The business segments of the company include: Mechatronics/IT field: it includes workers dispatching, contracting, consignment business such as development design engineers. Construction area segment includes construction management engineer business / CAD operator dispatch business for customers in construction industry. Manufacturing Area segment includes manufacturing site contracting and dispatch business for customers in manufacturing industry Temporary staffing, outsourcing and referral business for technology and manufacturing fields.
72GF Score

Get the complete analysis for TSE:2154

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円1,916.00
Price
円1,969.47
GF Value