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Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Offerpad Solutions's Enterprise Value is $319.3 Mil. Offerpad Solutions's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 was $-40.4 Mil. Therefore, Offerpad Solutions's EV-to-EBIT ratio for today is -7.90.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Offerpad Solutions's Enterprise Value is $319.3 Mil. Offerpad Solutions's EBITDA for the trailing twelve months (TTM) ended in Sep. 2024 was $-39.8 Mil. Therefore, Offerpad Solutions's EV-to-EBITDA ratio for today is -8.02.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Offerpad Solutions's Enterprise Value is $319.3 Mil. Offerpad Solutions's Revenue for the trailing twelve months (TTM) ended in Sep. 2024 was $985.0 Mil. Therefore, Offerpad Solutions's EV-to-Revenue ratio for today is 0.32.
The historical data trend for Offerpad Solutions's Enterprise Value can be seen below:
* 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.
Offerpad Solutions Annual Data | |||||||||||
Trend | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | ||||||
Enterprise Value | - | - | 2,387.13 | 684.92 | 462.67 |
Offerpad Solutions Quarterly Data | ||||||||||||||||||
Dec19 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
Enterprise Value | Get a 7-Day Free Trial | 437.87 | 462.67 | 409.37 | 369.69 | 314.84 |
For the Real Estate Services subindustry, Offerpad Solutions's Enterprise Value, along with its competitors' market caps and Enterprise Value 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.
For the Real Estate industry and Real Estate sector, Offerpad Solutions's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Offerpad Solutions's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Offerpad Solutions's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as
Enterprise Value (A: Dec. 2023 ) | |||||
= | Market Cap | + | Preferred Stock | + | Long-Term Debt & Capital Lease Obligation |
= | 279.139275 | + | 0 | + | 0 |
+ | Short-Term Debt & Capital Lease Obligation | + | Minority Interest | - | Cash, Cash Equivalents, Marketable Securities |
+ | 259.495 | + | 0 | - | 75.967 |
= | 462.7 |
Offerpad Solutions's Enterprise Value for the quarter that ended in Sep. 2024 is calculated as
Enterprise Value (Q: Sep. 2024 ) | |||||
= | Market Cap | + | Preferred Stock | + | Long-Term Debt & Capital Lease Obligation |
= | 111.087284 | + | 0 | + | 0 |
+ | Short-Term Debt & Capital Lease Obligation | + | Minority Interest | - | Cash, Cash Equivalents, Marketable Securities |
+ | 252.261 | + | 0 | - | 48.504 |
= | 314.8 |
* 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.
Offerpad Solutions (NYSE:OPAD) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Offerpad Solutions's EV-to-EBIT for today is
EV-to-EBIT | = | Enterprise Value (Today) | / | EBIT (TTM) |
= | 319.275 | / | -40.436 | |
= | -7.90 |
Offerpad Solutions's current Enterprise Value is $319.3 Mil.
Offerpad Solutions's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-40.4 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Offerpad Solutions's EV-to-EBITDA for today is:
EV-to-EBITDA | = | Enterprise Value (Today) | / | EBITDA(TTM) |
= | 319.275 | / | -39.8 | |
= | -8.02 |
Offerpad Solutions's current Enterprise Value is $319.3 Mil.
Offerpad Solutions's EBITDA for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-39.8 Mil.
3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.
Offerpad Solutions's EV-to-Revenue for today is:
EV-to-Revenue | = | Enterprise Value (Today) | / | Revenue (TTM) |
= | 319.275 | / | 985.005 | |
= | 0.32 |
Offerpad Solutions's current Enterprise Value is $319.3 Mil.
Offerpad Solutions's Revenue for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $985.0 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.
Thank you for viewing the detailed overview of Offerpad Solutions's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Roberto Marco Sella | director | 2400 MARKET STREET, SUITE 302, PHILADELPHIA PA 19103 |
Brian Bair | director, officer: Chief Executive Officer | C/O OFFERPAD SOLUTIONS INC., 2150 E GERMAN ROAD, SUITE 1, CHANDLER AZ 85286 |
Jawad A Ahsan | officer: Chief Financial Officer | 17800 N 85TH ST, SCOTTSDALE AZ 85255 |
Kenneth D Degiorgio | director | |
Ryan Ohara | director | 6922 HOLLYWOOD BLVD., 12TH FL, LOS ANGELES CA 90028 |
Stephen Michael Johnson | officer: Chief Operating Officer | C/O OFFERPAD SOLUTIONS INC., 2150 E GERMAN ROAD, SUITE 1, CHANDLER AZ 85286 |
Benjamin Adam Aronovitch | officer: Chief Legal Officer | C/O OFFERPAD SOLUTIONS INC., 2150 E GERMAN ROAD, SUITE 1, CHANDLER AZ 85286 |
Katherine Curnutte | director | 4301 50TH STREET, N.W., SUITE 300, PMB 1044, WASHINGTON DC 20007 |
Ll Capital Partners I, L.p. | 10 percent owner | C/O LL FUNDS, LLC, 2400 MARKET STREET, SUITE 302, PHILADELPHIA PA 19103 |
Michael S. Burnett | officer: Chief Financial Officer | 8601 NORTH SCOTTSDALE ROAD, SUITE 225, SCOTTSDALE AZ 85253 |
First American Financial Corp | 10 percent owner | 1 FIRST AMERICAN WAY, SANTA ANA CA 92707 |
Sheryl Palmer | director | 4900 N. SCOTTSDALE ROAD, SUITE 2000, SCOTTSDALE AZ 85251 |
Supernova Partners Llc | 10 percent owner | 4520 DEXTER STREET, N.W., WASHINGTON DC 20007 |
Michael S. Clifton | officer: Chief Financial Officer | C/O SUPERNOVA PARTNERS ACQUISITION CO., 4520 DEXTER STREET, N.W., WASHINGTON DC 20007 |
Gregg Renfrew | director | C/O SUPERNOVA PARTNERS ACQUISITION CO., 4520 DEXTER STREET, N.W., WASHINGTON DC 20007 |
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