OPAD

Offerpad SolutionsNYSE:OPAD Stock Report

Market Cap

US$4.5b

7D

95.8%

1Y

n/a

Updated

16 Sep, 2021

Data

Company Financials
OPAD fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance2/6
Financial Health2/6
Dividends0/6

OPAD Overview

Offerpad Solutions Inc. engages in buying, selling, renting, and renovating properties to homeowners in the United States.

Share Price & News

How has Offerpad Solutions's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: Insufficient data to determine OPAD's volatility over the past 3 months.

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


Market Performance


7 Day Return

95.8%

OPAD

-3.4%

US Real Estate

-0.6%

US Market


1 Year Return

n/a

OPAD

-10.2%

US Real Estate

33.6%

US Market

Return vs Industry: Insufficient data to determine how OPAD performed against the US Real Estate industry.

Return vs Market: Insufficient data to determine how OPAD performed against the US Market.


Shareholder returns

OPADIndustryMarket
7 Day95.8%-3.4%-0.6%
30 Dayn/a-0.1%1.3%
90 Dayn/a-21.3%5.3%
1 Yearn/a-9.9%-10.2%35.6%33.6%
3 Yearn/a51.5%47.1%60.9%51.0%
5 Yearn/a96.3%87.1%123.4%99.1%

Long-Term Price Volatility Vs. Market

How volatile is Offerpad Solutions's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Offerpad Solutions Fundamentals Summary

How do Offerpad Solutions's earnings and revenue compare to its market cap?
OPAD fundamental statistics
Market CapUS$4.46b
Earnings (TTM)US$4.69m
Revenue (TTM)US$1.07b

951.4x

P/E Ratio

4.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
OPAD income statement (TTM)
RevenueUS$1.07b
Cost of RevenueUS$942.79m
Gross ProfitUS$129.42m
ExpensesUS$124.73m
EarningsUS$4.69m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.61
Gross Margin12.07%
Net Profit Margin0.44%
Debt/Equity Ratio949.9%

How did OPAD perform over the long term?

See historical performance and comparison

Valuation

Is Offerpad Solutions undervalued compared to its fair value and its price relative to the market?

951.41x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: OPAD is poor value based on its PE Ratio (951.4x) compared to the US Real Estate industry average (26.6x).

PE vs Market: OPAD is poor value based on its PE Ratio (951.4x) compared to the US market (17.8x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: OPAD has negative assets, so we can't compare its PB Ratio to the US Real Estate industry average.


Future Growth

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

29.0%

Forecasted Real Estate 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 Offerpad Solutions 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 Offerpad Solutions performed over the past 5 years?

0.2%

Last years revenue growth


Earnings and Revenue History

Quality Earnings: OPAD has a high level of non-cash earnings.

Growing Profit Margin: OPAD became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: OPAD has become profitable over the past 5 years.

Accelerating Growth: OPAD has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: OPAD has become profitable in the last year, making it difficult to compare its past year earnings growth to the Real Estate industry (61.9%).


Return on Equity

High ROE: OPAD's Return on Equity (9.1%) is considered low.


Financial Health

How is Offerpad Solutions's financial position?


Financial Position Analysis

Short Term Liabilities: OPAD's short term assets ($561.1M) exceed its short term liabilities ($521.8M).

Long Term Liabilities: OPAD has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: OPAD's debt to equity ratio (949.9%) is considered high.

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

Debt Coverage: OPAD's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: OPAD's interest payments on its debt are not well covered by EBIT (1.8x coverage).


Balance Sheet


Dividend

What is Offerpad Solutions's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate OPAD'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 OPAD's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if OPAD'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 OPAD's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

1.9yrs

Average management tenure


CEO

Brian Bair

6.17yrs

Tenure

Mr. Brian Bair serves as Founder, Chief Executive Officer and a Member of Board of Directors at Offerpad Solutions Inc since July 2015 and also serves as its Chairman of the Board since September 2021. Mr....


Leadership Team

Experienced Management: OPAD's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.


Ownership

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


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

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


Top Shareholders

Company Information

Offerpad Solutions Inc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Offerpad Solutions Inc
  • Ticker: OPAD
  • Exchange: NYSE
  • Founded: 2015
  • Industry: Real Estate Services
  • Sector: Real Estate
  • Market Cap: US$4.464b
  • Shares outstanding: 223.53m
  • Website: https://www.offerpad.com

Number of Employees


Location

  • Offerpad Solutions Inc
  • 2212 East Williams Field Road
  • Gilbert
  • Arizona
  • 85295
  • United States

Listings


Biography

Offerpad Solutions Inc. engages in buying, selling, renting, and renovating properties to homeowners in the United States. It operates iBuying, a real estate solutions platform, which includes that empower...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/16 22:57
End of Day Share Price2021/09/16 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.