OPENDOOR TECHNOLOGIES INC (OPEN)
US6837121036 - Common Stock
Taking everything into account, OPEN scores 2 out of 10 in our fundamental rating. OPEN was compared to 68 industry peers in the Real Estate Management & Development industry. OPEN may be in some trouble as it scores bad on both profitability and health. While showing a medium growth rate, OPEN is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
OPEN had negative earnings in the past year.
In the past year OPEN has reported a negative cash flow from operations.
In the past 5 years OPEN always reported negative net income.
In multiple years OPEN reported negative operating cash flow during the last 5 years.
1.2 Ratios
OPEN's Return On Assets of -10.85% is on the low side compared to the rest of the industry. OPEN is outperformed by 68.66% of its industry peers.
With a Return On Equity value of -46.19%, OPEN is not doing good in the industry: 71.64% of the companies in the same industry are doing better.
| Industry Rank | Sector 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: 68.66% 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.
OPEN does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector 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%
2. Health
2.1 Basic Checks
OPEN does not have a ROIC to compare to the WACC, probably because it is not profitable.
OPEN has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, OPEN has more shares outstanding
OPEN has a better debt/assets ratio than last year.
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.
OPEN's Altman-Z score of 0.82 is on the low side compared to the rest of the industry. OPEN is outperformed by 61.19% of its industry peers.
OPEN has a Debt/Equity ratio of 2.33. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 2.33, OPEN is doing worse than 77.61% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.33 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.82 |
ROIC/WACCN/A
WACC7.01%
2.3 Liquidity
OPEN has a Current Ratio of 4.53. This indicates that OPEN is financially healthy and has no problem in meeting its short term obligations.
OPEN's Current ratio of 4.53 is amongst the best of the industry. OPEN outperforms 85.07% of its industry peers.
OPEN has a Quick Ratio of 1.55. This is a normal value and indicates that OPEN is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.55, OPEN is in the better half of the industry, outperforming 61.19% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.53 | ||
| Quick Ratio | 1.55 |
3. Growth
3.1 Past
OPEN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 74.36%, which is quite impressive.
The Revenue for OPEN has decreased by -44.71% in the past year. This is quite bad
Measured over the past years, OPEN shows a very strong growth in Revenue. The Revenue has been growing by 30.46% on average per year.
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
The Earnings Per Share is expected to grow by 18.82% on average over the next years. This is quite good.
The Revenue is expected to grow by 14.82% on average over the next years. This is quite good.
EPS Next Y63.79%
EPS Next 2Y32.24%
EPS Next 3Y22.86%
EPS Next 5Y18.82%
Revenue Next Year-25.22%
Revenue Next 2Y3.09%
Revenue Next 3Y10.65%
Revenue Next 5Y14.82%
3.3 Evolution
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
OPEN reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Also next year OPEN is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
OPEN's earnings are expected to grow with 22.86% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y32.24%
EPS Next 3Y22.86%
5. Dividend
5.1 Amount
OPEN does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
OPENDOOR TECHNOLOGIES INC
NASDAQ:OPEN (11/22/2024, 8:00:02 PM)
After market: 1.9801 -0.01 (-0.5%)1.99
+0.29 (+17.06%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap1.42B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -10.85% | ||
| ROE | -46.19% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 8.5% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover1.45
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.33 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 4.53 | ||
| Quick Ratio | 1.55 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)74.36%
EPS 3YN/A
EPS 5Y
EPS Q2Q%
EPS Next Y63.79%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-44.71%
Revenue growth 3Y39.06%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y