Openlane Inc. (KAR)
Total Valuation
Openlane has a market cap or net worth of $1.87 billion. The enterprise value is $2.14 billion.
Market Cap | 1.87B |
Enterprise Value | 2.14B |
Important Dates
The next estimated earnings date is Tuesday, April 30, 2024, after market close.
Earnings Date | Apr 30, 2024 |
Ex-Dividend Date | n/a |
Share Statistics
Openlane has 108.05 million shares outstanding. The number of shares has decreased by -0.82% in one year.
Shares Outstanding | 108.05M |
Shares Change (YoY) | -0.82% |
Shares Change (QoQ) | -1.31% |
Owned by Insiders (%) | 2.22% |
Owned by Institutions (%) | 103.38% |
Float | 105.69M |
Valuation Ratios
PE Ratio | n/a |
Forward PE | 20.64 |
PS Ratio | 1.14 |
Forward PS | 1.10 |
PB Ratio | 1.41 |
P/FCF Ratio | 10.19 |
PEG Ratio | 1.34 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 19.19, with an EV/FCF ratio of 11.65.
EV / Earnings | n/a |
EV / Sales | 1.30 |
EV / EBITDA | 19.19 |
EV / EBIT | 213.99 |
EV / FCF | 11.65 |
Financial Position
The company has a current ratio of 1.15, with a Debt / Equity ratio of 0.32.
Current Ratio | 1.15 |
Quick Ratio | 1.10 |
Debt / Equity | 0.32 |
Debt / EBITDA | 3.83 |
Debt / FCF | 2.33 |
Interest Coverage | 0.06 |
Financial Efficiency
Return on equity (ROE) is -11.20% and return on invested capital (ROIC) is -0.30%.
Return on Equity (ROE) | -11.20% |
Return on Assets (ROA) | -3.20% |
Return on Capital (ROIC) | -0.30% |
Revenue Per Employee | $365,578 |
Profits Per Employee | -$34,244 |
Employee Count | 4,500 |
Asset Turnover | 0.34 |
Inventory Turnover | n/a |
Taxes
In the past 12 months, Openlane has paid $8.30 million in taxes.
Income Tax | 8.30M |
Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +35.16% in the last 52 weeks. The beta is 1.22, so Openlane's price volatility has been higher than the market average.
Beta (1Y) | 1.22 |
52-Week Price Change | +35.16% |
50-Day Moving Average | 15.18 |
200-Day Moving Average | 15.00 |
Relative Strength Index (RSI) | 73.96 |
Average Volume (30 Days) | 705,304 |
Short Selling Information
The latest short interest is 3.88 million, so 3.59% of the outstanding shares have been sold short.
Short Interest | 3.88M |
Short Previous Month | 3.27M |
Short % of Shares Out | 3.59% |
Short % of Float | 3.67% |
Short Ratio (days to cover) | 4.16 |
Income Statement
In the last 12 months, Openlane had revenue of $1.65 billion and -$154.10 million in losses. Loss per share was -$1.82.
Revenue | 1.65B |
Gross Profit | 777.50M |
Operating Income | -5.20M |
Pretax Income | -145.80M |
Net Income | -154.10M |
EBITDA | 111.50M |
EBIT | 10.00M |
Loss Per Share | -$1.82 |
Balance Sheet
The company has $158.90 million in cash and $427.40 million in debt, giving a net cash position of -$268.50 million or -$2.49 per share.
Cash & Cash Equivalents | 158.90M |
Total Debt | 427.40M |
Net Cash | -268.50M |
Net Cash Per Share | -$2.49 |
Equity / Book Value | 1.33B |
Book Value Per Share | 12.28 |
Working Capital | 363.10M |
Cash Flow
In the last 12 months, operating cash flow was $235.40 million and capital expenditures -$51.70 million, giving a free cash flow of $183.70 million.
Operating Cash Flow | 235.40M |
Capital Expenditures | -51.70M |
Free Cash Flow | 183.70M |
FCF Per Share | $1.70 |
Margins
Gross margin is 47.26%, with operating and profit margins of -0.32% and -9.37%.
Gross Margin | 47.26% |
Operating Margin | -0.32% |
Pretax Margin | -8.86% |
Profit Margin | -9.37% |
EBITDA Margin | 6.78% |
EBIT Margin | 0.61% |
FCF Margin | 11.17% |
Dividends & Yields
Openlane does not appear to pay any dividends at this time.
Dividend Per Share | n/a |
Dividend Yield | n/a |
Dividend Growth (YoY) | n/a |
Years of Dividend Growth | n/a |
Payout Ratio | n/a |
Buyback Yield | 0.82% |
Shareholder Yield | 0.82% |
Earnings Yield | -8.23% |
FCF Yield | 9.82% |
Analyst Forecast
The average price target for Openlane is $20.33, which is 17.51% higher than the current price. The consensus rating is "Buy".
Price Target | $20.33 |
Price Target Difference | 17.51% |
Analyst Consensus | Buy |
Analyst Count | 3 |
Revenue Growth Forecast (5Y) | n/a |
EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on June 28, 2019. It was a forward split with a ratio of 2642:1000.
Last Split Date | Jun 28, 2019 |
Split Type | Forward |
Split Ratio | 2642:1000 |
Scores
Openlane has an Altman Z-Score of 0.96 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
Altman Z-Score | 0.96 |
Piotroski F-Score | 7 |