Open Door (3926) AI Stock Analysis

• Market Cap: $15.17B
• Dividend Yield: N/A
• Average Volume (3M): 77.28K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.74
• Revenue Growth: -3.62%
• EPS Growth: -549.45%
• Country: JP
• Employees: 186
• Sector: Communication Services
• Sector Strength: 90
• Industry: Internet Content & Information
• EPS (TTM): -1.67
• Shares Outstanding: 31,260,000
• 10 Day Avg. Volume: 87,510
• 30 Day Avg. Volume: 77,280
• PEG Ratio: 11.77
• Price to Book (P/B): 8.51
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -2.20K
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 47 Neutral
• Price Target: ―

The stock faces significant challenges, primarily due to negative financial performance and unattractive valuation metrics. The technical analysis provides a slightly more optimistic view with mixed signals, but overall, the stock's prospects are weighed down by consistent operational challenges and negative profitability.

Open Door Business Overview & Revenue Model

Company Description

OpenDoor Inc. provides Web services through the Internet in Japan. The company operates Travelko, a travel comparison site; TRAVELKO, a multi-language travel comparison site; and GALLERY JAPAN, a Japanese traditional art crafts site. It is also involved in the development and provision of online systems for the Internet and mobile phones; and planning and operation of software development and content delivery. OpenDoor Inc. was incorporated in 1997 and is headquartered in Tokyo, Japan.

How the Company Makes Money

Open Door makes money primarily through the buying and selling of residential properties. The company purchases homes directly from sellers, often making cash offers to expedite the transaction process. Once acquired, these properties are renovated, if necessary, and then resold on the open market. Open Door generates revenue from the difference between the purchase price and resale price of the properties, as well as from service fees charged to sellers. Additionally, the company offers ancillary services such as mortgage financing and title insurance, which provide additional revenue streams. Strategic partnerships with real estate agents and technology providers enhance their service offerings and contribute to their overall earnings.

Open Door Financial Statement Overview

Summary

Open Door is experiencing operational challenges, reflecting in negative profitability margins and cash flows. While the balance sheet remains strong with no debt, the company faces difficulties in revenue growth and cash generation, which may impact its long-term financial stability if not addressed.

Income Statement

The company has faced challenges, with declining revenues in the latest TTM period and negative EBIT and net income margins. However, gross profit margins remain relatively strong. The revenue growth rate has been inconsistent, showing strong growth in earlier years but declining recently.

Balance Sheet

The balance sheet shows a solid equity position with no debt, reflected in a strong equity ratio. Return on equity is negative due to persistent losses, but the absence of debt reduces financial risk.

Cash Flow

Cash flows have been negative in recent periods, with no free cash flow growth and poor cash flow to net income ratios. This suggests challenges in converting revenue into cash flow, impacting liquidity.

Breakdown
TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement		Total Revenue
2.44B	2.41B	2.56B	2.06B	1.20B	1.12B
	Gross Profit
1.50B	1.44B	1.67B	1.22B	539.41M	475.04M
	EBIT
-331.76M	-102.06M	-181.00M	-52.11M	-653.60M	-772.11M
	EBITDA
-302.32M	-72.35M	-153.00M	-15.00M	-584.00M	-707.00M
	Net Income Common Stockholders
-284.56M	-120.69M	-170.16M	-44.66M	-544.80M	-652.16M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
2.17B	2.21B	2.63B	2.99B	3.02B	2.92B
	Total Assets
4.62B	4.80B	5.66B	6.40B	5.37B	6.70B
	Total Debt
0.00	0.00	0.00	0.00	0.00	0.00
	Net Debt
-2.17B	-2.21B	-2.63B	-2.99B	-3.02B	-2.92B
	Total Liabilities
411.00M	457.53M	551.70M	734.36M	280.98M	485.84M
	Stockholders Equity
4.21B	4.34B	5.11B	5.67B	5.09B	6.21B
Cash Flow		Free Cash Flow
0.00	-24.24M	-351.07M	-21.89M	101.51M	-1.21B
	Operating Cash Flow
0.00	-4.68M	-313.00M	-7.33M	117.73M	-1.15B
	Investing Cash Flow
0.00	-413.88M	-48.08M	-23.99M	-17.10M	-1.58B
	Financing Cash Flow
0.00	-21.00K	-34.00K	0.00	-165.00K	0.00

Open Door Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 492.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3926, the sentiment is Negative. The current price of 492 is below the 20-day moving average (MA) of 501.75, below the 50-day MA of 538.12, and below the 200-day MA of 630.57, indicating a bearish trend. The MACD of -18.20 indicates Negative momentum. The RSI at 42.89 is Neutral, neither overbought nor oversold. The STOCH value of 33.20 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:3926.

Open Door Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
3930	76 Outperform	¥5.04B	24.94		―	13.96%	200.83%
2477	73 Outperform	¥20.67B	19.32		0.94%	8.97%	13.17%
3662	71 Outperform	¥22.05B	15.51		0.34%	-5.81%	1585.94%
3922	68 Neutral	¥30.45B	27.14		0.46%	17.06%	-3.97%
3645	62 Neutral	¥2.70B	―		0.98%	19.56%	-906.44%
Sector *	61 Neutral	$14.79B	5.90	-3.99%	6.20%	2.67%	-30.30%
3926	47 Neutral	$15.17B	―	-2.47%	―	-3.62%	-549.45%

Open Door Corporate Events

Travelko Tops ORICON Customer Satisfaction Survey for Second Year

Travelko, operated by OpenDoor Inc., has been ranked No. 1 overall for the second consecutive year in the 2025 ORICON Customer Satisfaction Survey for both airline ticket and hotel comparison sites. This achievement highlights Travelko’s strong performance in customer satisfaction, particularly in ease of use, search functionality, and comprehensive search results across domestic and international sectors. This recognition reinforces Travelko’s position as a leading travel comparison platform in Japan, potentially enhancing its market presence and stakeholder confidence.

OpenDoor Inc. Reports Decline in Nine-Month Financial Performance

OpenDoor Inc. reported a decline in its consolidated financial results for the nine months ended December 31, 2024, with net sales dropping by 6.3% and a recorded operating loss. The financial report indicates challenges in maintaining profitability, with the company experiencing a decrease in net assets and no dividends declared for the fiscal year, highlighting potential concerns for stakeholders regarding its current financial health.