Open Up Group (TSE:2154) Scaled Net Operating Assets: 0.56 (As of Mar. 2026)


TSE:2154 Open Up Group Inc TSE:2154
72 GF Score
Price 円1,918.00
GF Value 円1,975.18
Valuation Fairly Valued
! 3 Warning Signs
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What is Open Up Group Scaled Net Operating Assets?

Open Up Group TSE:2154 +1.27% 72 Scaled Net Operating Assets is 0.56 as of Mar. 2026. GuruFocus rates TSE:2154 with a GF Score™ of 72/100 and a GF Value™ of 円1,975.18 (Fairly Valued). The stock has 3 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Open Up Group's operating assets for the quarter that ended in Mar. 2026 was 円103,688 Mil. Open Up Group's operating liabilities for the quarter that ended in Mar. 2026 was 円34,005 Mil. Open Up Group's Total Assets for the quarter that ended in Dec. 2025 was 円125,484 Mil. Therefore, Open Up Group's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.56.


Open Up Group Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Open Up Group's Scaled Net Operating Assets 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 Scaled Net Operating Assets Chart

Open Up Group Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.58 0.49 0.51 0.51 0.53

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
Scaled Net Operating Assets 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 0.52 0.54 0.53 0.55 0.56

TSE:2154 vs KFY, RHI, TNET: Scaled Net Operating Assets Comparison

For the Staffing & Employment Services subindustry, Open Up Group's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Business Services Industry

For the Business Services industry and Industrials sector, Open Up Group's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Open Up Group's Scaled Net Operating Assets falls into.


TSE:2154
72GF Score
Open Up Group Inc TSE:2154
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Open Up Group Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Open Up Group's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2025 )
=(Operating Assets (A: Jun. 2025 )-Operating Liabilities (A: Jun. 2025 ))/Total Assets (A: Jun. 2024 )
=(100557-38805)/116566
=0.53

where

Operating Assets(A: Jun. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=122702 - 22145
=100557

Operating Liabilities(A: Jun. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=43835 - 0 - 5030
=38805

Open Up Group's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(103688-34005)/125484
=0.56

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=121991 - 18303
=103688

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=44008 - 5003 - 5000
=34005

* 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.

What does a Scaled Net Operating Assets of 0.56 mean?
Open Up Group (TSE:2154) has a Scaled Net Operating Assets of 0.56 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Open Up Group and its competitors.
Is Open Up Group's Scaled Net Operating Assets too high?
Open Up Group's current Scaled Net Operating Assets is 0.56. 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 Scaled Net Operating Assets compare to KFY and RHI?
Open Up Group's Scaled Net Operating Assets of 0.56 can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Business Services company?
A good Scaled Net Operating Assets depends on the Business Services industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Open Up Group and its competitors. Open Up Group's current Scaled Net Operating Assets is 0.56. 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1,975.18, compared to a current price of 円1,918.00 — trading 2.9% below its estimated fair value. The current Scaled Net Operating Assets is 0.56. Open Up Group's overall GF Score™ is 72/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Open Up Group (TSE:2154), the current Scaled Net Operating Assets is 0.56 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1,918.00 is trading 2.9% below its estimated GF Value™ of 円1,975.18. GuruFocus considers Open Up Group to be Fairly Valued.

Key valuation signals for TSE:2154:

  • Scaled Net Operating Assets: 0.56
  • GF Value™: 円1,975.18 vs. price of 円1,918.00 (2.9% below fair value)
  • GF Score™: 72/100 with 3 warning signs

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

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円1,918.00
Price
円1,975.18
GF Value