OPENDOOR TECHNOLOGIES INC (OPEN) Fundamental Analysis & Valuation

NASDAQ:OPEN • US6837121036

Current stock price

4.91 USD
-0.23 (-4.47%)
At close:
4.93 USD
+0.02 (+0.41%)
After Hours:

This OPEN fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

1

1. OPEN Profitability Analysis

1.1 Basic Checks

  • OPEN had negative earnings in the past year.
  • OPEN had a positive operating cash flow in the past year.
  • In the past 5 years OPEN always reported negative net income.
  • The reported operating cash flow has been mixed in the past 5 years: OPEN reported negative operating cash flow in multiple years.
OPEN Yearly Net Income VS EBIT VS OCF VS FCFOPEN Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B -2B -4B

1.2 Ratios

  • The Return On Assets of OPEN (-54.01%) is worse than 87.30% of its industry peers.
  • OPEN has a worse Return On Equity (-129.35%) than 80.95% of its industry peers.
Industry RankSector Rank
ROA -54.01%
ROE -129.35%
ROIC N/A
ROA(3y)-24.75%
ROA(5y)-20.34%
ROE(3y)-70.92%
ROE(5y)-73.36%
ROIC(3y)N/A
ROIC(5y)N/A
OPEN Yearly ROA, ROE, ROICOPEN Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 -20 -40 -60 -80 -100

1.3 Margins

  • The Gross Margin of OPEN (8.01%) is worse than 71.43% of its industry peers.
  • 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 8.01%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y23.17%
GM growth 5Y-1.41%
OPEN Yearly Profit, Operating, Gross MarginsOPEN Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 -10 -20

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6

2. OPEN Health Analysis

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.
OPEN Yearly Shares OutstandingOPEN Yearly Shares OutstandingYearly Shares Outstanding 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M
OPEN Yearly Total Debt VS Total AssetsOPEN Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B

2.2 Solvency

  • OPEN has an Altman-Z score of 1.61. This is a bad value and indicates that OPEN is not financially healthy and even has some risk of bankruptcy.
  • OPEN has a Altman-Z score (1.61) which is in line with its industry peers.
  • The Debt to FCF ratio of OPEN is 1.27, which is an excellent value as it means it would take OPEN, only 1.27 years of fcf income to pay off all of its debts.
  • With an excellent Debt to FCF ratio value of 1.27, OPEN belongs to the best of the industry, outperforming 87.30% of the companies in the same industry.
  • OPEN has a Debt/Equity ratio of 1.06. This is a high value indicating a heavy dependency on external financing.
  • OPEN has a worse Debt to Equity ratio (1.06) than 63.49% of its industry peers.
  • Even though the debt/equity ratio score it not favorable for OPEN, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
Industry RankSector Rank
Debt/Equity 1.06
Debt/FCF 1.27
Altman-Z 1.61
ROIC/WACCN/A
WACC8.12%
OPEN Yearly LT Debt VS Equity VS FCFOPEN Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B -2B -4B

2.3 Liquidity

  • A Current Ratio of 7.03 indicates that OPEN has no problem at all paying its short term obligations.
  • OPEN has a better Current ratio (7.03) than 90.48% of its industry peers.
  • OPEN has a Quick Ratio of 4.20. This indicates that OPEN is financially healthy and has no problem in meeting its short term obligations.
  • OPEN has a better Quick ratio (4.20) than 84.13% of its industry peers.
Industry RankSector Rank
Current Ratio 7.03
Quick Ratio 4.2
OPEN Yearly Current Assets VS Current LiabilitesOPEN Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. OPEN Growth Analysis

3.1 Past

  • The earnings per share for OPEN have decreased strongly by -289.73% in the last year.
  • The Revenue for OPEN has decreased by -15.18% in the past year. This is quite bad
  • Measured over the past years, OPEN shows a quite strong growth in Revenue. The Revenue has been growing by 11.09% on average per year.
EPS 1Y (TTM)-289.73%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-1045.45%
Revenue 1Y (TTM)-15.18%
Revenue growth 3Y-34.52%
Revenue growth 5Y11.09%
Sales Q2Q%-32.1%

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 24.67% on average per year.
  • Based on estimates for the next years, OPEN will show a quite strong growth in Revenue. The Revenue will grow by 17.58% on average per year.
EPS Next Y85.62%
EPS Next 2Y39.85%
EPS Next 3Y26.29%
EPS Next 5Y24.67%
Revenue Next Year4.4%
Revenue Next 2Y26.73%
Revenue Next 3Y23.11%
Revenue Next 5Y17.58%

3.3 Evolution

  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
OPEN Yearly Revenue VS EstimatesOPEN 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
OPEN Yearly EPS VS EstimatesOPEN Yearly EPS VS EstimatesYearly EPS VS Estimates 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 1 -1 -2

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2

4. OPEN Valuation Analysis

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 RankSector Rank
PE N/A
Fwd PE N/A
OPEN Price Earnings VS Forward Price EarningsOPEN Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 20 -20 40 60 80

4.2 Price Multiples

  • Based on the Price/Free Cash Flow ratio, OPEN is valued cheaply inside the industry as 93.65% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 4.54
EV/EBITDA N/A
OPEN Per share dataOPEN EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 2 4

4.3 Compensation for Growth

  • A more expensive valuation may be justified as OPEN's earnings are expected to grow with 26.29% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y39.85%
EPS Next 3Y26.29%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. OPEN Dividend Analysis

5.1 Amount

  • OPEN does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

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OPEN Fundamentals: All Metrics, Ratios and Statistics

OPENDOOR TECHNOLOGIES INC

NASDAQ:OPEN (3/20/2026, 8:15:37 PM)

After market: 4.93 +0.02 (+0.41%)

4.91

-0.23 (-4.47%)

Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)02-19
Earnings (Next)05-04
Inst Owners43.63%
Inst Owner Change32.19%
Ins Owners12.11%
Ins Owner Change9.67%
Market Cap4.71B
Revenue(TTM)4.37B
Net Income(TTM)-1.30B
Analysts52.86
Price Target4.81 (-2.04%)
Short Float %16.36%
Short Ratio2.44
Dividend
Industry RankSector Rank
Dividend Yield 0%
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)0
Avg EPS beat(2)-606.83%
Min EPS beat(2)-1200.31%
Max EPS beat(2)-13.34%
EPS beat(4)2
Avg EPS beat(4)-294.35%
Min EPS beat(4)-1200.31%
Max EPS beat(4)21.57%
EPS beat(8)6
Avg EPS beat(8)-131.12%
EPS beat(12)10
Avg EPS beat(12)-80.62%
EPS beat(16)13
Avg EPS beat(16)-42.31%
Revenue beat(2)2
Avg Revenue beat(2)13.53%
Min Revenue beat(2)5.59%
Max Revenue beat(2)21.47%
Revenue beat(4)4
Avg Revenue beat(4)9.01%
Min Revenue beat(4)2.22%
Max Revenue beat(4)21.47%
Revenue beat(8)8
Avg Revenue beat(8)7.19%
Revenue beat(12)11
Avg Revenue beat(12)6.24%
Revenue beat(16)14
Avg Revenue beat(16)7.99%
PT rev (1m)11.47%
PT rev (3m)65.28%
EPS NQ rev (1m)8.7%
EPS NQ rev (3m)8.7%
EPS NY rev (1m)5.87%
EPS NY rev (3m)5.43%
Revenue NQ rev (1m)-35.18%
Revenue NQ rev (3m)-37.5%
Revenue NY rev (1m)-15.05%
Revenue NY rev (3m)-10.37%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 1.08
P/FCF 4.54
P/OCF 4.49
P/B 4.68
P/tB 4.7
EV/EBITDA N/A
EPS(TTM)-1.44
EYN/A
EPS(NY)-0.21
Fwd EYN/A
FCF(TTM)1.08
FCFY22.04%
OCF(TTM)1.09
OCFY22.29%
SpS4.56
BVpS1.05
TBVpS1.05
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -54.01%
ROE -129.35%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 8.01%
FCFM 23.72%
ROA(3y)-24.75%
ROA(5y)-20.34%
ROE(3y)-70.92%
ROE(5y)-73.36%
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 3Y23.17%
GM growth 5Y-1.41%
F-Score5
Asset Turnover1.82
Health
Industry RankSector Rank
Debt/Equity 1.06
Debt/FCF 1.27
Debt/EBITDA N/A
Cap/Depr 27.27%
Cap/Sales 0.27%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 7.03
Quick Ratio 4.2
Altman-Z 1.61
F-Score5
WACC8.12%
ROIC/WACCN/A
Cap/Depr(3y)45.43%
Cap/Depr(5y)50.64%
Cap/Sales(3y)0.43%
Cap/Sales(5y)0.39%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-289.73%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-1045.45%
EPS Next Y85.62%
EPS Next 2Y39.85%
EPS Next 3Y26.29%
EPS Next 5Y24.67%
Revenue 1Y (TTM)-15.18%
Revenue growth 3Y-34.52%
Revenue growth 5Y11.09%
Sales Q2Q%-32.1%
Revenue Next Year4.4%
Revenue Next 2Y26.73%
Revenue Next 3Y23.11%
Revenue Next 5Y17.58%
EBIT growth 1Y7.77%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year74.92%
EBIT Next 3Y45.72%
EBIT Next 5Y19.69%
FCF growth 1Y267.26%
FCF growth 3Y14.38%
FCF growth 5Y9.31%
OCF growth 1Y276.3%
OCF growth 3Y12.85%
OCF growth 5Y9%

OPENDOOR TECHNOLOGIES INC / OPEN Fundamental Analysis FAQ

What is the ChartMill fundamental rating of OPENDOOR TECHNOLOGIES INC (OPEN) stock?

ChartMill assigns a fundamental rating of 3 / 10 to OPEN.


What is the valuation status of OPENDOOR TECHNOLOGIES INC (OPEN) stock?

ChartMill assigns a valuation rating of 2 / 10 to OPENDOOR TECHNOLOGIES INC (OPEN). This can be considered as Overvalued.


How profitable is OPENDOOR TECHNOLOGIES INC (OPEN) stock?

OPENDOOR TECHNOLOGIES INC (OPEN) has a profitability rating of 1 / 10.