OPENDOOR TECHNOLOGIES INC (OPEN) Stock Fundamental Analysis
USA - NASDAQ:OPEN - US6837121036 - Common Stock
7.97 USD
+0.94 (+13.37%)
8.0203 USD
+0.05 (+0.63%)
OPEN gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 64 industry peers in the Real Estate Management & Development industry. OPEN scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. 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.
OPEN had a positive operating cash flow in the past year.
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
Looking at the Return On Assets, with a value of -10.49%, OPEN is doing worse than 70.31% of the companies in the same industry.
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's Gross Margin of 8.05% is on the low side compared to the rest of the industry. OPEN is outperformed by 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.
OPEN has more shares outstanding than it did 1 year ago.
The number of shares outstanding for OPEN has been increased compared to 5 years ago.
Compared to 1 year ago, OPEN has a worse debt to assets ratio.
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.
The Altman-Z score of OPEN (2.16) is better than 65.63% of its industry peers.
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 has a better Debt to FCF ratio (4.26) than 81.25% of its industry peers.
A Debt/Equity ratio of 2.58 is on the high side and indicates that OPEN has dependencies on debt financing.
The Debt to Equity ratio of OPEN (2.58) is worse than 79.69% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.58 | ||
| Debt/FCF | 4.26 | ||
| Altman-Z | 2.16 |
ROIC/WACCN/A
WACC8.05%
2.3 Liquidity
A Current Ratio of 4.35 indicates that OPEN has no problem at all paying its short term obligations.
OPEN has a Current ratio of 4.35. This is amongst the best in the industry. OPEN outperforms 85.94% 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.
OPEN has a better Quick ratio (1.97) than 65.63% of its industry peers.
| 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.
OPEN shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.68% yearly.
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
OPEN is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 39.49% yearly.
Based on estimates for the next years, OPEN will show a quite strong growth in Revenue. The Revenue will grow by 12.39% on average per year.
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
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.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for OPEN. In the last year negative earnings were reported.
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 Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
92.19% of the companies in the same industry are more expensive than OPEN, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.57 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
OPEN's earnings are expected to grow with 14.89% in the coming years. This may justify a more expensive valuation.
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 |
7.97
+0.94 (+13.37%)
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 Cap5.91B
Revenue(TTM)5.18B
Net Income(TTM)-305000000
Analysts48
Price Target1.27 (-84.07%)
Short Float %24.84%
Short Ratio0.51
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 | 1.14 | ||
| P/FCF | 11.57 | ||
| P/OCF | 11.24 | ||
| P/B | 9.37 | ||
| P/tB | 9.42 | ||
| EV/EBITDA | N/A |
EPS(TTM)-0.31
EYN/A
EPS(NY)-0.25
Fwd EYN/A
FCF(TTM)0.69
FCFY8.64%
OCF(TTM)0.71
OCFY8.89%
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
WACC8.05%
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.