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OPENDOOR TECHNOLOGIES INC (1OPEN.MI) Stock Fundamental Analysis

BIT:1OPEN - Euronext Milan - US6837121036 - Common Stock - Currency: EUR

1.624  +0.06 (+3.67%)

Fundamental Rating

3

We assign a fundamental rating of 3 out of 10 to 1OPEN. 1OPEN was compared to 71 industry peers in the Real Estate Management & Development industry. The financial health of 1OPEN is average, but there are quite some concerns on its profitability. While showing a medium growth rate, 1OPEN is valued expensive at the moment.


Dividend Valuation Growth Profitability Health

1

1. Profitability

1.1 Basic Checks

1OPEN had negative earnings in the past year.
In the past year 1OPEN had a positive cash flow from operations.
In the past 5 years 1OPEN always reported negative net income.
In multiple years 1OPEN reported negative operating cash flow during the last 5 years.
1OPEN.MI Yearly Net Income VS EBIT VS OCF VS FCF1OPEN.MI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2B -2B -4B

1.2 Ratios

With a Return On Assets value of -10.49%, 1OPEN is not doing good in the industry: 83.10% of the companies in the same industry are doing better.
With a Return On Equity value of -48.34%, 1OPEN is not doing good in the industry: 84.51% of the companies in the same industry are doing better.
Industry RankSector Rank
ROA -10.49%
ROE -48.34%
ROIC N/A
ROA(3y)-13.57%
ROA(5y)-11.86%
ROE(3y)-69.33%
ROE(5y)-50.65%
ROIC(3y)N/A
ROIC(5y)N/A
1OPEN.MI Yearly ROA, ROE, ROIC1OPEN.MI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 -20 -40 -60 -80 -100

1.3 Margins

1OPEN has a worse Gross Margin (8.05%) than 71.83% of its industry peers.
In the last couple of years the Gross Margin of 1OPEN has grown nicely.
The Profit Margin and Operating Margin are not available for 1OPEN so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 8.05%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.63%
GM growth 5Y5.77%
1OPEN.MI Yearly Profit, Operating, Gross Margins1OPEN.MI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -10 -20

4

2. Health

2.1 Basic Checks

1OPEN does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for 1OPEN has been increased compared to 1 year ago.
1OPEN has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, 1OPEN has a worse debt to assets ratio.
1OPEN.MI Yearly Shares Outstanding1OPEN.MI Yearly Shares OutstandingYearly Shares Outstanding 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M
1OPEN.MI Yearly Total Debt VS Total Assets1OPEN.MI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B 8B

2.2 Solvency

1OPEN has an Altman-Z score of 0.96. This is a bad value and indicates that 1OPEN is not financially healthy and even has some risk of bankruptcy.
1OPEN's Altman-Z score of 0.96 is in line compared to the rest of the industry. 1OPEN outperforms 49.30% of its industry peers.
1OPEN has a debt to FCF ratio of 4.26. This is a neutral value as 1OPEN would need 4.26 years to pay back of all of its debts.
1OPEN's Debt to FCF ratio of 4.26 is amongst the best of the industry. 1OPEN outperforms 91.55% of its industry peers.
1OPEN has a Debt/Equity ratio of 2.58. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 2.58, 1OPEN is not doing good in the industry: 85.92% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 2.58
Debt/FCF 4.26
Altman-Z 0.96
ROIC/WACCN/A
WACC6.64%
1OPEN.MI Yearly LT Debt VS Equity VS FCF1OPEN.MI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2017 2018 2019 2020 2021 2022 2023 2024 0 2B -2B -4B

2.3 Liquidity

A Current Ratio of 4.35 indicates that 1OPEN has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 4.35, 1OPEN is in the better half of the industry, outperforming 78.87% of the companies in the same industry.
A Quick Ratio of 1.97 indicates that 1OPEN should not have too much problems paying its short term obligations.
1OPEN has a better Quick ratio (1.97) than 67.61% of its industry peers.
Industry RankSector Rank
Current Ratio 4.35
Quick Ratio 1.97
1OPEN.MI Yearly Current Assets VS Current Liabilites1OPEN.MI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B 8B

5

3. Growth

3.1 Past

1OPEN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 24.39%, which is quite impressive.
Looking at the last year, 1OPEN shows a quite strong growth in Revenue. The Revenue has grown by 14.07% in the last year.
Measured over the past years, 1OPEN shows a small growth in Revenue. The Revenue has been growing by 1.68% on average per year.
EPS 1Y (TTM)24.39%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%75%
Revenue 1Y (TTM)14.07%
Revenue growth 3Y-13.71%
Revenue growth 5Y1.68%
Sales Q2Q%3.71%

3.2 Future

The Earnings Per Share is expected to grow by 17.37% on average over the next years. This is quite good.
Based on estimates for the next years, 1OPEN will show a quite strong growth in Revenue. The Revenue will grow by 12.39% on average per year.
EPS Next Y45.69%
EPS Next 2Y21.16%
EPS Next 3Y17.37%
EPS Next 5YN/A
Revenue Next Year-3.44%
Revenue Next 2Y7.17%
Revenue Next 3Y8.95%
Revenue Next 5Y12.39%

3.3 Evolution

The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
1OPEN.MI Yearly Revenue VS Estimates1OPEN.MI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 5B 10B 15B
1OPEN.MI Yearly EPS VS Estimates1OPEN.MI Yearly EPS VS EstimatesYearly EPS VS Estimates 2020 2021 2022 2023 2024 2025 2026 2027 -0.5 -1 -1.5 -2

2

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for 1OPEN. In the last year negative earnings were reported.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for 1OPEN. No positive earnings are expected for the next year.
Industry RankSector Rank
PE N/A
Fwd PE N/A
1OPEN.MI Price Earnings VS Forward Price Earnings1OPEN.MI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 10 20 30

4.2 Price Multiples

1OPEN's Price/Free Cash Flow ratio is rather cheap when compared to the industry. 1OPEN is cheaper than 97.18% of the companies in the same industry.
Industry RankSector Rank
P/FCF 2.7
EV/EBITDA N/A
1OPEN.MI Per share data1OPEN.MI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 2 4 6

4.3 Compensation for Growth

1OPEN's earnings are expected to grow with 17.37% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y21.16%
EPS Next 3Y17.37%

0

5. Dividend

5.1 Amount

No dividends for 1OPEN!.
Industry RankSector Rank
Dividend Yield N/A

OPENDOOR TECHNOLOGIES INC

BIT:1OPEN (8/8/2025, 7:00:00 PM)

1.624

+0.06 (+3.67%)

Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)08-05 2025-08-05/amc
Earnings (Next)11-05 2025-11-05/amc
Inst Owners45.75%
Inst Owner ChangeN/A
Ins Owners3.95%
Ins Owner ChangeN/A
Market Cap1.18B
Analysts52.5
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr YearsN/A
Div Non Decr YearsN/A
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)24.65%
Min EPS beat(2)14.67%
Max EPS beat(2)34.64%
EPS beat(4)4
Avg EPS beat(4)23.83%
Min EPS beat(4)14.67%
Max EPS beat(4)34.64%
EPS beat(8)8
Avg EPS beat(8)29%
EPS beat(12)11
Avg EPS beat(12)16.36%
EPS beat(16)14
Avg EPS beat(16)33.98%
Revenue beat(2)2
Avg Revenue beat(2)4.49%
Min Revenue beat(2)2.22%
Max Revenue beat(2)6.76%
Revenue beat(4)4
Avg Revenue beat(4)5.93%
Min Revenue beat(4)2.22%
Max Revenue beat(4)8.18%
Revenue beat(8)7
Avg Revenue beat(8)3.51%
Revenue beat(12)11
Avg Revenue beat(12)7.07%
Revenue beat(16)14
Avg Revenue beat(16)8.09%
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 0.27
P/FCF 2.7
P/OCF 2.62
P/B 2.19
P/tB 2.2
EV/EBITDA N/A
EPS(TTM)-0.27
EYN/A
EPS(NY)-0.17
Fwd EYN/A
FCF(TTM)0.6
FCFY37.05%
OCF(TTM)0.62
OCFY38.14%
SpS6.1
BVpS0.74
TBVpS0.74
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -10.49%
ROE -48.34%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 8.05%
FCFM 9.86%
ROA(3y)-13.57%
ROA(5y)-11.86%
ROE(3y)-69.33%
ROE(5y)-50.65%
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-2.63%
GM growth 5Y5.77%
F-Score5
Asset Turnover1.78
Health
Industry RankSector Rank
Debt/Equity 2.58
Debt/FCF 4.26
Debt/EBITDA N/A
Cap/Depr 30%
Cap/Sales 0.29%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 4.35
Quick Ratio 1.97
Altman-Z 0.96
F-Score5
WACC6.64%
ROIC/WACCN/A
Cap/Depr(3y)47.71%
Cap/Depr(5y)52.06%
Cap/Sales(3y)0.42%
Cap/Sales(5y)0.47%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)24.39%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%75%
EPS Next Y45.69%
EPS Next 2Y21.16%
EPS Next 3Y17.37%
EPS Next 5YN/A
Revenue 1Y (TTM)14.07%
Revenue growth 3Y-13.71%
Revenue growth 5Y1.68%
Sales Q2Q%3.71%
Revenue Next Year-3.44%
Revenue Next 2Y7.17%
Revenue Next 3Y8.95%
Revenue Next 5Y12.39%
EBIT growth 1Y41.89%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year88%
EBIT Next 3Y26.96%
EBIT Next 5Y17.19%
FCF growth 1Y-87.66%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-87.4%
OCF growth 3YN/A
OCF growth 5YN/A