OPENDOOR TECHNOLOGIES INC (OPEN) Stock Fundamental Analysis
USA - NASDAQ:OPEN - US6837121036 - Common Stock
8.16 USD
+0.19 (+2.38%)
8.16 USD
0 (0%)
Overall OPEN gets a fundamental rating of 3 out of 10. We evaluated OPEN against 64 industry peers in the Real Estate Management & Development industry. The financial health of OPEN is average, but there are quite some concerns on its profitability. While showing a medium growth rate, OPEN is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year OPEN has reported negative net income.
In the past year OPEN had a positive cash flow from operations.
OPEN had negative earnings in each of the past 5 years.
The reported operating cash flow has been mixed in the past 5 years: OPEN reported negative operating cash flow in multiple years.
1.2 Ratios
The Return On Assets of OPEN (-10.49%) is worse than 70.31% of its industry peers.
OPEN has a Return On Equity of -48.34%. This is in the lower half of the industry: OPEN underperforms 71.88% of its industry peers.
| Industry Rank | Sector 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
1.3 Margins
OPEN has a Gross Margin of 8.05%. This is in the lower half of the industry: OPEN underperforms 71.88% of its industry peers.
OPEN's Gross Margin has improved in the last couple of years.
The Profit Margin and Operating Margin are not available for OPEN so they could not be analyzed.
| Industry Rank | Sector 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%
2. Health
2.1 Basic Checks
OPEN does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, OPEN has more shares outstanding
Compared to 5 years ago, OPEN has more shares outstanding
OPEN has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.16 indicates that OPEN is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.16, OPEN is in the better half of the industry, outperforming 67.19% of the companies in the same industry.
The Debt to FCF ratio of OPEN is 4.26, which is a neutral value as it means it would take OPEN, 4.26 years of fcf income to pay off all of its debts.
OPEN's Debt to FCF ratio of 4.26 is fine compared to the rest of the industry. OPEN outperforms 79.69% of its industry peers.
OPEN 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, OPEN is not doing good in the industry: 79.69% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.58 | ||
| Debt/FCF | 4.26 | ||
| Altman-Z | 2.16 |
ROIC/WACCN/A
WACC8.11%
2.3 Liquidity
OPEN has a Current Ratio of 4.35. This indicates that OPEN is financially healthy and has no problem in meeting its short term obligations.
OPEN has a Current ratio of 4.35. This is amongst the best in the industry. OPEN outperforms 87.50% of its industry peers.
OPEN has a Quick Ratio of 1.97. 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 1.97, OPEN is in the better half of the industry, outperforming 65.63% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.35 | ||
| Quick Ratio | 1.97 |
3. Growth
3.1 Past
OPEN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 23.90%, which is quite impressive.
Looking at the last year, OPEN shows a quite strong growth in Revenue. The Revenue has grown by 14.07% in the last year.
Measured over the past years, OPEN shows a small growth in Revenue. The Revenue has been growing by 1.68% on average per year.
EPS 1Y (TTM)23.9%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%70%
Revenue 1Y (TTM)14.07%
Revenue growth 3Y-13.71%
Revenue growth 5Y1.68%
Sales Q2Q%3.71%
3.2 Future
Based on estimates for the next years, OPEN will show a very strong growth in Earnings Per Share. The EPS will grow by 39.49% on average per year.
OPEN is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 12.39% yearly.
EPS Next Y29.61%
EPS Next 2Y14.55%
EPS Next 3Y14.89%
EPS Next 5Y39.49%
Revenue Next Year-19.69%
Revenue Next 2Y-12.45%
Revenue Next 3Y-2.82%
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.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for OPEN. In the last year negative earnings were reported.
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
OPEN's Price/Free Cash Flow ratio is rather cheap when compared to the industry. OPEN is cheaper than 92.19% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.85 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
A more expensive valuation may be justified as OPEN's earnings are expected to grow with 14.89% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y14.55%
EPS Next 3Y14.89%
5. Dividend
5.1 Amount
No dividends for OPEN!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
8.16
+0.19 (+2.38%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)
Earnings (Next)
Inst Owners44.58%
Inst Owner Change1.05%
Ins Owners2.96%
Ins Owner Change63.89%
Market Cap6.06B
Revenue(TTM)5.18B
Net Income(TTM)-305000000
Analysts48
Price Target1.27 (-84.44%)
Short Float %26.56%
Short Ratio0.54
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/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)18.12%
Min EPS beat(2)14.67%
Max EPS beat(2)21.57%
EPS beat(4)4
Avg EPS beat(4)20.56%
Min EPS beat(4)14.67%
Max EPS beat(4)24.97%
EPS beat(8)8
Avg EPS beat(8)27.36%
EPS beat(12)11
Avg EPS beat(12)15.27%
EPS beat(16)14
Avg EPS beat(16)33.17%
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)0%
PT rev (3m)7.69%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-62.67%
EPS NY rev (1m)0%
EPS NY rev (3m)-29.61%
Revenue NQ rev (1m)-3.25%
Revenue NQ rev (3m)-28.83%
Revenue NY rev (1m)-1.87%
Revenue NY rev (3m)-17.1%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 1.17 | ||
| P/FCF | 11.85 | ||
| P/OCF | 11.51 | ||
| P/B | 9.6 | ||
| P/tB | 9.64 | ||
| EV/EBITDA | N/A |
EPS(TTM)-0.31
EYN/A
EPS(NY)-0.25
Fwd EYN/A
FCF(TTM)0.69
FCFY8.44%
OCF(TTM)0.71
OCFY8.69%
SpS6.98
BVpS0.85
TBVpS0.85
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector 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
ROICexgc growth 3YN/A
ROICexgc 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 Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.58 | ||
| Debt/FCF | 4.26 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 34.09% | ||
| 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 | 2.16 |
F-Score5
WACC8.11%
ROIC/WACCN/A
Cap/Depr(3y)51.19%
Cap/Depr(5y)54.15%
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)23.9%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%70%
EPS Next Y29.61%
EPS Next 2Y14.55%
EPS Next 3Y14.89%
EPS Next 5Y39.49%
Revenue 1Y (TTM)14.07%
Revenue growth 3Y-13.71%
Revenue growth 5Y1.68%
Sales Q2Q%3.71%
Revenue Next Year-19.69%
Revenue Next 2Y-12.45%
Revenue Next 3Y-2.82%
Revenue Next 5Y12.39%
EBIT growth 1Y41.89%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year76.36%
EBIT Next 3Y26.39%
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
OPENDOOR TECHNOLOGIES INC / OPEN FAQ
What is the ChartMill fundamental rating of OPENDOOR TECHNOLOGIES INC (OPEN) stock?
ChartMill assigns a fundamental rating of 3 / 10 to OPEN.
Can you provide the valuation status for OPENDOOR TECHNOLOGIES INC?
ChartMill assigns a valuation rating of 2 / 10 to OPENDOOR TECHNOLOGIES INC (OPEN). This can be considered as Overvalued.
Can you provide the profitability details for OPENDOOR TECHNOLOGIES INC?
OPENDOOR TECHNOLOGIES INC (OPEN) has a profitability rating of 1 / 10.
Can you provide the expected EPS growth for OPEN stock?
The Earnings per Share (EPS) of OPENDOOR TECHNOLOGIES INC (OPEN) is expected to grow by 29.61% in the next year.