OPN

Openn NegotiationASX:OPN Stock Report

Market Cap

AU$28.8m

7D

-9.1%

1Y

n/a

Updated

21 Oct, 2021

Data

Company Financials
OPN fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

OPN Overview

Openn Negotiation Limited operates as a property technology company in Australia and New Zealand.

Price History & Performance

Summary of all time highs, changes and price drops for Openn Negotiation
Historical stock prices
Current Share PriceAU$0.15
52 Week HighAU$0.14
52 Week LowAU$0.43
Beta0
1 Month Change-21.05%
3 Month Change-50.00%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO-51.61%

Recent News & Updates

Shareholder Returns

OPNAU Commercial ServicesAU Market
7D-9.1%1.9%0.7%
1Yn/a11.9%21.4%

Return vs Industry: Insufficient data to determine how OPN performed against the Australian Commercial Services industry.

Return vs Market: Insufficient data to determine how OPN performed against the Australian Market.

Price Volatility

Is OPN's price volatile compared to industry and market?
OPN volatility
OPN Beta0
Industry Beta0.91
Market Beta1

Stable Share Price: OPN is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: Insufficient data to determine OPN's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
2016n/aPeter Gibbonshttps://www.openn.com.au

Openn Negotiation Limited operates as a property technology company in Australia and New Zealand. It offers a cloud-based software platform that facilitates a negotiation process to support real estate agents in selling properties online. Openn Negotiation Limited was formerly known as Appwell Pty Ltd.

Openn Negotiation Fundamentals Summary

How do Openn Negotiation's earnings and revenue compare to its market cap?
OPN fundamental statistics
Market CapAU$28.76m
Earnings (TTM)-AU$2.07m
Revenue (TTM)AU$1.05m

27.5x

P/S Ratio

-13.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
OPN income statement (TTM)
RevenueAU$1.05m
Cost of RevenueAU$0
Gross ProfitAU$1.05m
ExpensesAU$3.12m
Earnings-AU$2.07m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.011
Gross Margin100.00%
Net Profit Margin-198.24%
Debt/Equity Ratio1.9%

How did OPN perform over the long term?

See historical performance and comparison

Valuation

Is Openn Negotiation undervalued compared to its fair value and its price relative to the market?

21.74x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate OPN's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate OPN's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: OPN is unprofitable, so we can't compare its PE Ratio to the Australian Commercial Services industry average.

PE vs Market: OPN is unprofitable, so we can't compare its PE Ratio to the Australian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate OPN's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: OPN is overvalued based on its PB Ratio (21.7x) compared to the AU Commercial Services industry average (2.5x).


Future Growth

How is Openn Negotiation forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

12.2%

Forecasted Commercial Services industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Openn Negotiation has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Openn Negotiation performed over the past 5 years?

-72.0%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: OPN is currently unprofitable.

Growing Profit Margin: OPN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if OPN's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Unable to compare OPN's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: OPN is unprofitable, making it difficult to compare its past year earnings growth to the Commercial Services industry (7.9%).


Return on Equity

High ROE: OPN has a negative Return on Equity (-156.77%), as it is currently unprofitable.


Financial Health

How is Openn Negotiation's financial position?


Financial Position Analysis

Short Term Liabilities: OPN's short term assets (A$856.5K) exceed its short term liabilities (A$818.4K).

Long Term Liabilities: OPN's short term assets (A$856.5K) exceed its long term liabilities (A$48.4K).


Debt to Equity History and Analysis

Debt Level: OPN's debt to equity ratio (1.9%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if OPN's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: OPN has sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: OPN is forecast to have sufficient cash runway for 5 months based on free cash flow estimates, but has since raised additional capital.


Dividend

What is Openn Negotiation current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate OPN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate OPN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if OPN's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if OPN's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of OPN's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.9yrs

Average management tenure


CEO

Peter Gibbons

5.42yrs

Tenure

Mr. Peter John Gibbons has been Independent Non-Executive Director at Swift Media Limited since June 22, 2020. Mr. Gibbons has been Managing Director and Executive Director at Openn Negotiation Limited sin...


Leadership Team

Experienced Management: OPN's management team is considered experienced (2.9 years average tenure).


Board Members

Experienced Board: OPN's board of directors are not considered experienced ( 1.1 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: OPN insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: OPN only recently listed within the past 12 months.


Top Shareholders

Company Information

Openn Negotiation Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Openn Negotiation Limited
  • Ticker: OPN
  • Exchange: ASX
  • Founded: 2016
  • Industry: Diversified Support Services
  • Sector: Commercial Services
  • Market Cap: AU$28.759m
  • Shares outstanding: 191.73m
  • Website: https://www.openn.com.au

Location

  • Openn Negotiation Limited
  • Level 1
  • 4 Stirling Road
  • Claremont
  • Western Australia
  • 6010
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/21 18:22
End of Day Share Price2021/10/21 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.