Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Opendoor TechnologiesOPEN +1.09%57 EV-to-OCF is 3.62 as of Jul. 30, 2026, which is 417% above its 10-year median of 0.70. GuruFocus rates OPEN with a GF Score™ of 57/100 and a GF Value™ of $1.21 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,794 Real Estate companies, Opendoor Technologies ranks better than 58.31% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Opendoor Technologies's Enterprise Value is $3,918 Mil.
Opendoor Technologies's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $1,082 Mil. Therefore, Opendoor Technologies's EV-to-OCF for today is 3.62.
The historical rank and industry rank for Opendoor Technologies's EV-to-OCF or its related term are showing as below:
OPEN'
s EV-to-OCF Range Over the Past 10 Years
Min: -68.9 Med: 0.7 Max: 821.66
Current: 3.62
During the past 8 years, the highest EV-to-OCF of Opendoor Technologies was 821.66. The lowest was -68.90. And the median was 0.70.
OPEN's EV-to-OCF is ranked better than 58.31% of 1794
companies
in the Real Estate industry
Industry Median: 7.155
vs OPEN: 3.62
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Opendoor Technologies's PE Ratio (TTM) for today is calculated as:
Opendoor Technologies's share price for today is $3.71.
Opendoor Technologies's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.600.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Real Estate Services subindustry, Opendoor Technologies's EV-to-OCF, along with its competitors' market caps and EV-to-OCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Opendoor Technologies EV-to-OCF vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Opendoor Technologies's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Opendoor Technologies's EV-to-OCF falls into.
Opendoor Technologies's current Enterprise Value is $3,918 Mil.
Opendoor Technologies's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,082 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Opendoor Technologies (OPEN) has a EV-to-OCF of 3.62 as of Jul. 30, 2026. This is 417% above median its historical median of 0.70. According to the industry distribution chart, Opendoor Technologies ranks #748 out of 1794 companies in the Real Estate industry, placing it in the top 41.7%.
Is Opendoor Technologies' EV-to-OCF too high?
Opendoor Technologies' current EV-to-OCF of 3.62 is 417% above median its 10-year median of 0.70. The Real Estate industry median EV-to-OCF is 7.16. Opendoor Technologies' value of 3.62 is 49.4% below this industry median. Based on the distribution chart, Opendoor Technologies ranks #748 out of 1794 companies in the Real Estate industry, which is above the industry midpoint. Overall, Opendoor Technologies has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Opendoor Technologies' EV-to-OCF compare to CWK and IHS?
According to the Real Estate industry distribution chart, Opendoor Technologies ranks #748 out of 1794 companies for EV-to-OCF. This puts Opendoor Technologies in the upper half of its industry. The industry median EV-to-OCF is 7.16. Opendoor Technologies' value of 3.62 is 49.4% below this benchmark. While the company's 10-year median is 0.70 vs. the industry median of 7.16, Opendoor Technologies has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for a Real Estate company?
The median EV-to-OCF among Real Estate companies is 7.16, based on 1,794 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Opendoor Technologies's current EV-to-OCF of 3.62 is 49.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Real Estate industry, the median EV-to-OCF is 7.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Opendoor Technologies's current EV-to-OCF is 3.62, which is 417% above median its own 10-year median of 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Opendoor Technologies stock overvalued right now?
Based on GuruFocus' analysis, Opendoor Technologies (OPEN) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.21, compared to a current price of $3.71 — trading 206.6% above its estimated fair value. The current EV-to-OCF is 3.62, which is 417% above median its 10-year median of 0.70 and 49.4% below the Real Estate industry median of 7.16. Opendoor Technologies' overall GF Score™ is 57/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Opendoor Technologies (OPEN), the current EV-to-OCF is 3.62 as of Jul. 30, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Opendoor Technologies (OPEN) Overvalued in 2026?
Based on GuruFocus' analysis, Opendoor Technologies stock appears to be overvalued.
The current stock price of $3.71 is trading 206.6% above its estimated GF Value™ of $1.21.
GuruFocus considers Opendoor Technologies to be Significantly Overvalued.
Key valuation signals for OPEN:
EV-to-OCF: 3.62 (417% above median its 10-year median of 0.70)
GF Value™: $1.21 vs. price of $3.71 (206.6% above fair value)
Industry Position: 49.4% below the Real Estate median (#748 of 1794)
No single metric tells the full story. See the OPEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Opendoor Technologies Inc is an end-to-end real estate platform enabling customers to sell and buy a home online. Its product offerings include Sell to Opendoor, its core product where sellers sell their homes directly to the company, and it resells those homes to buyers; List with Opendoor, for customers to list their homes with a partner agent; and Opendoor Marketplace, a capital-light marketplace offering that connects home sellers with both institutional and retail buyers. In addition to these products, the company also offers its customers integrated title insurance and escrow services through its subsidiaries. A vast majority of the company's revenue is generated by its core product offering, where it acquires homes directly from sellers and resells those homes to buyers.
57GF Score
Get the complete analysis for OPEN
EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
OPEN has been successfully added to your 
