OPENDOOR TECHNOLOGIES INC (OPEN)

US6837121036 - Common Stock

1.67  -0.02 (-1.18%)

After market: 1.67 0 (0%)

Fundamental Rating

2

OPEN gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 64 industry peers in the Real Estate Management & Development industry. Both the profitability and financial health of OPEN have multiple concerns. OPEN is quite expensive at the moment. It does show a decent growth rate.



Quickly go to:

1

1. Profitability

1.1 Basic Checks

In the past year OPEN has reported negative net income.
In the past year OPEN has reported a negative cash flow from operations.
OPEN had negative earnings in each of the past 5 years.
In multiple years OPEN reported negative operating cash flow during the last 5 years.

1.2 Ratios

OPEN has a Return On Assets of -10.85%. This is in the lower half of the industry: OPEN underperforms 68.25% of its industry peers.
OPEN has a Return On Equity of -46.19%. This is in the lower half of the industry: OPEN underperforms 69.84% of its industry peers.
Industry RankSector Rank
ROA -10.85%
ROE -46.19%
ROIC N/A
ROA(3y)-11.72%
ROA(5y)-12.41%
ROE(3y)-60.82%
ROE(5y)-50.18%
ROIC(3y)N/A
ROIC(5y)N/A

1.3 Margins

With a Gross Margin value of 8.50%, OPEN is not doing good in the industry: 69.84% of the companies in the same industry are doing better.
In the last couple of years the Gross Margin of OPEN has remained more or less at the same level.
The Profit Margin and Operating Margin are not available for OPEN so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 8.5%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-6.56%
GM growth 5Y-0.63%

More info and screens

3

2. Health

2.1 Basic Checks

OPEN does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for OPEN has been increased compared to 1 year ago.
OPEN has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, OPEN has an improved debt to assets ratio.

2.2 Solvency

Based on the Altman-Z score of 0.82, we must say that OPEN is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.82, OPEN is doing worse than 60.32% of the companies in the same industry.
OPEN has a Debt/Equity ratio of 2.33. This is a high value indicating a heavy dependency on external financing.
OPEN has a Debt to Equity ratio of 2.33. This is in the lower half of the industry: OPEN underperforms 79.37% of its industry peers.
Industry RankSector Rank
Debt/Equity 2.33
Debt/FCF N/A
Altman-Z 0.82
ROIC/WACCN/A
WACC6.71%

2.3 Liquidity

A Current Ratio of 4.53 indicates that OPEN has no problem at all paying its short term obligations.
OPEN has a Current ratio of 4.53. This is amongst the best in the industry. OPEN outperforms 82.54% of its industry peers.
A Quick Ratio of 1.55 indicates that OPEN should not have too much problems paying its short term obligations.
OPEN's Quick ratio of 1.55 is fine compared to the rest of the industry. OPEN outperforms 61.90% of its industry peers.
Industry RankSector Rank
Current Ratio 4.53
Quick Ratio 1.55

More info and screens

4

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 74.36% over the past year.
The Revenue for OPEN has decreased by -44.71% in the past year. This is quite bad
The Revenue has been growing by 30.46% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)74.36%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%9.09%
Revenue 1Y (TTM)-44.71%
Revenue growth 3Y39.06%
Revenue growth 5Y30.46%
Sales Q2Q%40.51%

3.2 Future

Based on estimates for the next years, OPEN will show a quite strong growth in Earnings Per Share. The EPS will grow by 18.82% on average per year.
Based on estimates for the next years, OPEN will show a small growth in Revenue. The Revenue will grow by 5.75% on average per year.
EPS Next Y66.35%
EPS Next 2Y33.2%
EPS Next 3Y23.69%
EPS Next 5Y18.82%
Revenue Next Year-27.08%
Revenue Next 2Y-6.12%
Revenue Next 3Y4.16%
Revenue Next 5Y5.75%

3.3 Evolution

The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.

More info and screens

1

4. Valuation

4.1 Price/Earnings Ratio

OPEN reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for OPEN. No positive earnings are expected for the next year.
Industry RankSector Rank
PE N/A
Fwd PE N/A

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A

4.3 Compensation for Growth

OPEN's earnings are expected to grow with 23.69% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y33.2%
EPS Next 3Y23.69%

More info and screens

0

5. Dividend

5.1 Amount

No dividends for OPEN!.
Industry RankSector Rank
Dividend Yield N/A

More info and screens

OPENDOOR TECHNOLOGIES INC

NASDAQ:OPEN (12/23/2024, 7:06:14 PM)

After market: 1.67 0 (0%)

1.67

-0.02 (-1.18%)

Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)11-07 2024-11-07/amc
Earnings (Next)02-13 2025-02-13/amc
Inst Owners58.42%
Inst Owner Change-9.74%
Ins Owners2.6%
Ins Owner Change4.37%
Market Cap1.19B
Analysts53.75
Price Target1.97 (17.96%)
Short Float %11.04%
Short Ratio1.93
Dividend
Industry RankSector Rank
Dividend Yield N/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)41.17%
Min EPS beat(2)24.97%
Max EPS beat(2)57.37%
EPS beat(4)4
Avg EPS beat(4)34.14%
Min EPS beat(4)24.97%
Max EPS beat(4)57.37%
EPS beat(8)8
Avg EPS beat(8)27.98%
EPS beat(12)10
Avg EPS beat(12)35.69%
EPS beat(16)13
Avg EPS beat(16)7.21%
Revenue beat(2)2
Avg Revenue beat(2)3.72%
Min Revenue beat(2)0.87%
Max Revenue beat(2)6.58%
Revenue beat(4)4
Avg Revenue beat(4)4.12%
Min Revenue beat(4)0.87%
Max Revenue beat(4)6.58%
Revenue beat(8)7
Avg Revenue beat(8)5.52%
Revenue beat(12)10
Avg Revenue beat(12)8.49%
Revenue beat(16)13
Avg Revenue beat(16)8.6%
PT rev (1m)-5.45%
PT rev (3m)-5.45%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-25.09%
EPS NY rev (1m)7.08%
EPS NY rev (3m)7.08%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-36.23%
Revenue NY rev (1m)-2.49%
Revenue NY rev (3m)-2.49%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 0.24
P/FCF N/A
P/OCF N/A
P/B 1.49
P/tB 1.5
EV/EBITDA N/A
EPS(TTM)-0.4
EYN/A
EPS(NY)-0.27
Fwd EYN/A
FCF(TTM)-1.52
FCFYN/A
OCF(TTM)-1.48
OCFYN/A
SpS6.91
BVpS1.12
TBVpS1.12
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -10.85%
ROE -46.19%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 8.5%
FCFM N/A
ROA(3y)-11.72%
ROA(5y)-12.41%
ROE(3y)-60.82%
ROE(5y)-50.18%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-6.56%
GM growth 5Y-0.63%
F-Score3
Asset Turnover1.45
Health
Industry RankSector Rank
Debt/Equity 2.33
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 59.62%
Cap/Sales 0.63%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 4.53
Quick Ratio 1.55
Altman-Z 0.82
F-Score3
WACC6.71%
ROIC/WACCN/A
Cap/Depr(3y)57.95%
Cap/Depr(5y)64.17%
Cap/Sales(3y)0.4%
Cap/Sales(5y)0.49%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)74.36%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%9.09%
EPS Next Y66.35%
EPS Next 2Y33.2%
EPS Next 3Y23.69%
EPS Next 5Y18.82%
Revenue 1Y (TTM)-44.71%
Revenue growth 3Y39.06%
Revenue growth 5Y30.46%
Sales Q2Q%40.51%
Revenue Next Year-27.08%
Revenue Next 2Y-6.12%
Revenue Next 3Y4.16%
Revenue Next 5Y5.75%
EBIT growth 1Y27.11%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year59.72%
EBIT Next 3Y27.52%
EBIT Next 5Y17.66%
FCF growth 1Y-81.73%
FCF growth 3Y51.41%
FCF growth 5YN/A
OCF growth 1Y-90.31%
OCF growth 3Y50.92%
OCF growth 5YN/A