Offerpad Solutions Inc. (OPAD)
Total Valuation
OPAD has a market cap or net worth of $221.01 million. The enterprise value is $398.30 million.
Market Cap | 221.01M |
Enterprise Value | 398.30M |
Important Dates
The next estimated earnings date is Wednesday, May 1, 2024, after market close.
Earnings Date | May 1, 2024 |
Ex-Dividend Date | n/a |
Share Statistics
OPAD has 27.29 million shares outstanding. The number of shares has increased by 61.45% in one year.
Shares Outstanding | 27.29M |
Shares Change (YoY) | +61.45% |
Shares Change (QoQ) | +0.10% |
Owned by Insiders (%) | 11.18% |
Owned by Institutions (%) | 47.31% |
Float | 14.81M |
Valuation Ratios
PE Ratio | n/a |
Forward PE | 2.96 |
PS Ratio | 0.17 |
Forward PS | 0.16 |
PB Ratio | 2.17 |
P/FCF Ratio | 0.85 |
PEG Ratio | n/a |
Enterprise Valuation
EV / Earnings | n/a |
EV / Sales | 0.30 |
EV / EBITDA | n/a |
EV / EBIT | n/a |
EV / FCF | 1.52 |
Financial Position
The company has a current ratio of 1.35, with a Debt / Equity ratio of 2.53.
Current Ratio | 1.35 |
Quick Ratio | 0.33 |
Debt / Equity | 2.53 |
Debt / EBITDA | n/a |
Debt / FCF | 0.98 |
Interest Coverage | -5.21 |
Financial Efficiency
Return on equity (ROE) is -93.10% and return on invested capital (ROIC) is -29.08%.
Return on Equity (ROE) | -93.10% |
Return on Assets (ROA) | -31.40% |
Return on Capital (ROIC) | -29.08% |
Revenue Per Employee | $3.76M |
Profits Per Employee | -$334,909 |
Employee Count | 350 |
Asset Turnover | 3.52 |
Inventory Turnover | 2.64 |
Taxes
In the past 12 months, OPAD has paid $163,000 in taxes.
Income Tax | 163,000 |
Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +2.07% in the last 52 weeks. The beta is 2.08, so OPAD's price volatility has been higher than the market average.
Beta (1Y) | 2.08 |
52-Week Price Change | +2.07% |
50-Day Moving Average | 8.68 |
200-Day Moving Average | 9.70 |
Relative Strength Index (RSI) | 46.40 |
Average Volume (30 Days) | 26,108 |
Short Selling Information
The latest short interest is 924,793, so 3.39% of the outstanding shares have been sold short.
Short Interest | 924,793 |
Short Previous Month | 921,589 |
Short % of Shares Out | 3.39% |
Short % of Float | 6.25% |
Short Ratio (days to cover) | 27.60 |
Income Statement
In the last 12 months, OPAD had revenue of $1.31 billion and -$117.22 million in losses. Loss per share was -$4.44.
Revenue | 1.31B |
Gross Profit | 70.18M |
Operating Income | -104.41M |
Pretax Income | -117.06M |
Net Income | -117.22M |
EBITDA | -97.47M |
EBIT | -98.20M |
Loss Per Share | -$4.44 |
Balance Sheet
The company has $79.93 million in cash and $257.22 million in debt, giving a net cash position of -$177.29 million or -$6.50 per share.
Cash & Cash Equivalents | 79.93M |
Total Debt | 257.22M |
Net Cash | -177.29M |
Net Cash Per Share | -$6.50 |
Equity / Book Value | 101.78M |
Book Value Per Share | 3.73 |
Working Capital | 95.58M |
Cash Flow
In the last 12 months, operating cash flow was $261.63 million and capital expenditures -$127,000, giving a free cash flow of $261.51 million.
Operating Cash Flow | 261.63M |
Capital Expenditures | -127,000 |
Free Cash Flow | 261.51M |
FCF Per Share | $9.91 |
Margins
Gross margin is 5.34%, with operating and profit margins of -7.94% and -8.92%.
Gross Margin | 5.34% |
Operating Margin | -7.94% |
Pretax Margin | -8.91% |
Profit Margin | -8.92% |
EBITDA Margin | -7.42% |
EBIT Margin | -7.47% |
FCF Margin | 19.90% |
Dividends & Yields
OPAD 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 | -61.45% |
Shareholder Yield | -61.45% |
Earnings Yield | -53.04% |
FCF Yield | 118.32% |
Analyst Forecast
The average price target for OPAD is $10.33, which is 27.53% higher than the current price. The consensus rating is "Hold".
Price Target | $10.33 |
Price Target Difference | 27.53% |
Analyst Consensus | Hold |
Analyst Count | 6 |
Revenue Growth Forecast (5Y) | 32.10% |
EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on June 13, 2023. It was a reverse split with a ratio of 1:15.
Last Split Date | Jun 13, 2023 |
Split Type | Reverse |
Split Ratio | 1:15 |
Scores
OPAD has an Altman Z-Score of 1.92 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.
Altman Z-Score | 1.92 |
Piotroski F-Score | 5 |