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Opendoor Technologies (Opendoor Technologies) Enterprise Value : $2,898 Mil (As of Apr. 27, 2024)


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What is Opendoor Technologies Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Opendoor Technologies's Enterprise Value is $2,898 Mil. Opendoor Technologies's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-63 Mil. Therefore, Opendoor Technologies's EV-to-EBIT ratio for today is -45.99.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Opendoor Technologies's Enterprise Value is $2,898 Mil. Opendoor Technologies's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $9 Mil. Therefore, Opendoor Technologies's EV-to-EBITDA ratio for today is 321.95.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Opendoor Technologies's Enterprise Value is $2,898 Mil. Opendoor Technologies's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $6,946 Mil. Therefore, Opendoor Technologies's EV-to-Revenue ratio for today is 0.42.


Opendoor Technologies Enterprise Value Historical Data

The historical data trend for Opendoor Technologies's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Opendoor Technologies Enterprise Value Chart

Opendoor Technologies Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial - 11,379.45 13,894.15 4,858.37 4,501.81

Opendoor Technologies Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4,858.37 3,883.79 4,503.50 3,397.09 4,501.81

Competitive Comparison of Opendoor Technologies's Enterprise Value

For the Real Estate Services subindustry, Opendoor Technologies's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Opendoor Technologies's Enterprise Value Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Opendoor Technologies's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Opendoor Technologies's Enterprise Value falls into.



Opendoor Technologies Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Opendoor Technologies's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Opendoor Technologies's Enterprise Value for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Opendoor Technologies  (NAS:OPEN) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Opendoor Technologies's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2897.562/-63
=-45.99

Opendoor Technologies's current Enterprise Value is $2,898 Mil.
Opendoor Technologies's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-63 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Opendoor Technologies's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=2897.562/9
=321.95

Opendoor Technologies's current Enterprise Value is $2,898 Mil.
Opendoor Technologies's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $9 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Opendoor Technologies's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=2897.562/6946
=0.42

Opendoor Technologies's current Enterprise Value is $2,898 Mil.
Opendoor Technologies's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $6,946 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Opendoor Technologies Enterprise Value Related Terms

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Opendoor Technologies (Opendoor Technologies) Business Description

Traded in Other Exchanges
Address
410 N. Scottsdale Road, Suite 1600, Tempe, AZ, USA, 85281
Opendoor Technologies Inc is a digital platform for residential real estate. This platform enables customers to buy and sell houses online. It generates revenue through home sales, along with other revenue from real estate services.
Executives
Megan D. Meyer officer: President, Sell Direct & Svcs. C/O OPENDOOR TECHNOLOGIES, INC., 410 N. SCOTTSDALE ROAD, SUITE 1600, TEMPE AZ 85281
Christina Schwartz officer: See Remarks C/O OPENDOOR TECHNOLOGIES, INC., 410 N. SCOTTSDALE ROAD, SUITE 1600, TEMPE AZ 85281
Sydney Schaub officer: Chief Legal Officer OPENDOOR TECHNOLOGIES INC., 410 N. SCOTTSDALE ROAD, SUITE 1600, TEMPE AZ 85281
Carrie Wheeler officer: CFO 500 VOLVO PARKWAY, CHESAPEAKE VA 23320
Dana Hamilton director C/O ARCHSTONE-SMITH TRUST, 9200 E. PANORAMA CIRCLE, SUITE 400, ENGLEWOOD CO 80112
Eric Chung-wei Wu director, officer: CEO C/O OPENDOOR TECHNOLOGIES INC., 1 POST STREET, FLOOR 11, SAN FRANCISCO CA 94104
Daniel Morillo officer: Chief Investment Officer C/O OPENDOOR TECHNOLOGIES INC., 1 POST STREET, FLOOR 11, SAN FRANCISCO CA 94104
Low Ah Kee Andrew officer: President C/O GODADDY INC., 14455 N. HAYDEN RD., SCOTTSDALE AZ 85260
Glenn Solomon director C/O GGV CAPITAL, 3000 SAND HILL ROAD, SUITE 4-230, MENLO PARK CA 94025
Pueo Keffer director C/O OPENDOOR TECHNOLOGIES INC., 1 POST STREET, FLOOR 11, SAN FRANCISCO CA 94104
Svf Excaliber (cayman) Ltd 10 percent owner 27 HOSPITAL ROAD, WALKERS CORPORATE LTD., CAYMAN CORPORATE CENTRE, GEORGE TOWN, GRAND CAYMAN E9 KY-9008
Elizabeth Ann Stevens officer: Head of Legal C/O OPENDOOR TECHNOLOGIES INC., 1 POST STREET, FLOOR 11, SAN FRANCISCO CA 94104
Rice E. John Jr director 7272 WISCONSIN AVENUE, SUITE 1300, BETHESDA MD 20814
Jason Kilar director 208 S. AKARD ST, DALLAS TX 75202
Jonathan M Jaffe director LENNAR CORPORATION, 700 NW 107 AVE 4TH FLR, MIAMI FL 33172