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Open Up Group Valuation Multiples
Discover revenue and EBITDA valuation multiples for Open Up Group and similar public comparables like Matrix Design Co., JAC Recruitment, McMillan Shakespeare, Timee and more.
Open Up Group Overview
About Open Up Group
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.
Founded
1997
HQ

Employees
17.6K
Website
Financials (LTM)
EV
$861M
Valuation Multiples
Start free trialOpen Up Group Financials
Open Up Group reported last 12-month revenue of $1B and EBITDA of $121M.
In the same LTM period, Open Up Group generated $307M in gross profit, $121M in EBITDA, and $77M in net income.
Revenue (LTM)
Open Up Group P&L
In the most recent fiscal year, Open Up Group reported revenue of $1B and EBITDA of $126M.
Open Up Group is profitable as of last fiscal year, with gross margin of 24%, EBITDA margin of 10%, and net margin of 7%.
Financial data powered by Morningstar, Inc.
Open Up Group Stock Performance
Open Up Group has current market cap of $942M, and enterprise value of $861M.
Market Cap Evolution
Open Up Group's stock price is $11.09.
Open Up Group share price increased by 1.3% in the last 30 days, and decreased by 3.4% in the last year.
Open Up Group has an EPS (earnings per share) of $1.00.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $861M | $942M | -0.2% | 1.3% | -7.9% | -3.4% | $1.00 |
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Start Free TrialOpen Up Group Valuation Multiples
Open Up Group trades at 0.8x EV/Revenue multiple, and 7.1x EV/EBITDA.
EV / Revenue (LTM)
Open Up Group Financial Valuation Multiples
As of May 6, 2026, Open Up Group has market cap of $942M and EV of $861M.
Open Up Group has a P/E ratio of 12.3x.
Multiples above and below 250x are considered non-meaningful (n/m). Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Open Up Group Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Open Up Group Margins & Growth Rates
Open Up Group decreased revenue by 16% and EBITDA by 5% in the last fiscal year.
In the most recent fiscal year, Open Up Group reported gross margin of 24%, EBITDA margin of 10%, and net margin of 7%.
Open Up Group Margins
Open Up Group Growth Rates
Data powered by FactSet, Inc. and Morningstar, Inc.
Open Up Group Operational KPIs
Open Up Group's revenue per employee in the last FY averaged $0.1M, while opex per employee averaged $0.0M for the same period.
Open Up Group's Rule of 40 is 9% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Open Up Group's Rule of X is 5% (created by Bessemer, Rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Data powered by FactSet, Inc. and Morningstar, Inc.
Open Up Group Competitors
Open Up Group competitors include Matrix Design Co., JAC Recruitment, McMillan Shakespeare, Timee, Insperity, Kforce, BrightView, Synergie, Barrett Bus Services and Hays.
Most Open Up Group public comparables operate across Recruitment & Staffing and Business Services.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| 7.1x | 6.8x | 55.5x | — | |||
| 2.4x | 2.3x | 9.0x | 8.6x | |||
| 3.8x | 3.2x | 7.7x | 10.9x | |||
| 3.5x | 3.4x | 17.3x | 16.1x | |||
| 0.1x | 0.1x | 14.9x | 6.3x | |||
| 0.7x | 0.7x | 16.0x | 12.1x | |||
| 0.9x | 0.9x | 8.0x | 6.8x | |||
| 0.1x | 0.1x | 2.5x | 2.4x | |||
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Open Up Group Investment Activity
Open Up Group has invested in 1 company to date.
Latest investment by Open Up Group was on July 18th 2024. Open Up Group invested in ROXX in their $3M Seed round (EV/Revenue multiple of ).
Latest Investments by Open Up Group
| Description | ROXX Inc is engaged in Z Career Platform Business and Back Check Business. |
| HQ Country | |
| HQ City | Tokyo |
| Deal Date | 18 Jul 2024 |
| Round | Seed |
| Raised | $3M |
| Investors | Darwin Venture Management; Fundnote; Heights Capital Management; Open Up Group |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Open Up Group investments and their VC round multiples. Start Free Trial | |
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Start Free TrialAbout Open Up Group
| When was Open Up Group founded? | Open Up Group was founded in 1997. |
| Where is Open Up Group headquartered? | Open Up Group is headquartered in Japan. |
| How many employees does Open Up Group have? | As of today, Open Up Group has over 17K employees. |
| Who is the CEO of Open Up Group? | Open Up Group's CEO is Yutaka Nishida. |
| Is Open Up Group publicly listed? | Yes, Open Up Group is a public company listed on Tokyo Stock Exchange. |
| What is the stock symbol of Open Up Group? | Open Up Group trades under 2154 ticker. |
| When did Open Up Group go public? | Open Up Group went public in 2007. |
| Who are competitors of Open Up Group? | Open Up Group main competitors include Matrix Design Co., JAC Recruitment, McMillan Shakespeare, Timee, Insperity, Kforce, BrightView, Synergie, Barrett Bus Services, Hays. |
| What is the current market cap of Open Up Group? | Open Up Group's current market cap is $942M. |
| What is the current revenue of Open Up Group? | Open Up Group's last 12 months revenue is $1B. |
| What is the current revenue growth of Open Up Group? | Open Up Group revenue growth (NTM/LTM) is 3%. |
| What is the current EV/Revenue multiple of Open Up Group? | Current revenue multiple of Open Up Group is 0.8x. |
| Is Open Up Group profitable? | Yes, Open Up Group is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Open Up Group? | Open Up Group's last 12 months EBITDA is $121M. |
| What is Open Up Group's EBITDA margin? | Open Up Group's last 12 months EBITDA margin is 11%. |
| What is the current EV/EBITDA multiple of Open Up Group? | Current EBITDA multiple of Open Up Group is 7.1x. |
| What is the current FCF of Open Up Group? | Open Up Group's last 12 months FCF is $73M. |
| What is Open Up Group's FCF margin? | Open Up Group's last 12 months FCF margin is 7%. |
| What is the current EV/FCF multiple of Open Up Group? | Current FCF multiple of Open Up Group is 11.8x. |
| How many companies Open Up Group has acquired to date? | Open Up Group hasn't acquired any companies yet (or none have been disclosed publicly). |
| In how many companies Open Up Group has invested to date? | As of May 2026, Open Up Group has invested in 1 company. |
| What was the last Open Up Group investment? | On 18th July 2024 Open Up Group invested in ROXX, participating in a $3M Seed round, alongside Darwin Venture Management, Fundnote, and Heights Capital Management. |
| In what companies Open Up Group invested in? | Open Up Group invested in ROXX. |
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