OPNDF (Open Door) Piotroski F-Score: 5 (As of Jun. 26, 2026) — 17% Below Median


OPNDF Open Door Inc OPNDF
80 GF Score
Price $2.00
GF Value $3.90
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Open Door Piotroski F-Score?

Open Door OPNDF +5.26% 80 Piotroski F-Score is 5 as of Jun. 26, 2026, which is 17% below its 10-year median of 6.00. GuruFocus rates OPNDF with a GF Score™ of 80/100 and a GF Value™ of $3.90 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 550 Interactive Media companies, Open Door ranks better than 59.82% on this metric.

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Open Door has an F-score of 5 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Open Door's Piotroski F-Score or its related term are showing as below:

OPNDF' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 6   Max: 7
Current: 5

During the past 12 years, the highest Piotroski F-Score of Open Door was 7. The lowest was 2. And the median was 6.

Open Door  (OTCPK:OPNDF) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


Open Door Piotroski F-Score Related Terms


Open Door Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Open Door's Piotroski F-Score 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.

Open Door Piotroski F-Score Chart

Open Door Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.00 6.00 4.00 5.00 5.00

Open Door Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.00 0.00 0.00 0.00 5.00

OPNDF vs GOOGL, META, SPOT: Piotroski F-Score Comparison

For the Internet Content & Information subindustry, Open Door's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score 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.


Open Door Piotroski F-Score vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Open Door's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Open Door's Piotroski F-Score falls into.


OPNDF
80GF Score
Open Door Inc OPNDF
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

How is the Piotroski F-Score calculated?

* 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.

This Year (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was $-7.13 Mil.
Cash Flow from Operations was $-0.07 Mil.
Revenue was $15.46 Mil.
Gross Profit was $9.73 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (32.216 + 25.617) / 2 = $28.9165 Mil.
Total Assets at the begining of this year (Mar25) was $32.22 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.
Total Current Assets was $17.32 Mil.
Total Current Liabilities was $3.43 Mil.
Net Income was $-0.81 Mil.

Revenue was $16.14 Mil.
Gross Profit was $9.63 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (37.802 + 32.216) / 2 = $35.009 Mil.
Total Assets at the begining of last year (Mar24) was $37.80 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.
Total Current Assets was $18.52 Mil.
Total Current Liabilities was $2.78 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Open Door's current Net Income (TTM) was -7.13. ==> Negative ==> Score 0.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Open Door's current Cash Flow from Operations (TTM) was -0.07. ==> Negative ==> Score 0.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Mar25)
=-7.13/32.216
=-0.2213186

ROA (Last Year)=Net Income/Total Assets (Mar24)
=-0.81/37.802
=-0.02142744

Open Door's return on assets of this year was -0.2213186. Open Door's return on assets of last year was -0.02142744. ==> Last year is higher ==> Score 0.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

Open Door's current Net Income (TTM) was -7.13. Open Door's current Cash Flow from Operations (TTM) was -0.07. ==> -0.07 > -7.13 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=0/28.9165
=0

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=0/35.009
=0

Open Door's gearing of this year was 0. Open Door's gearing of last year was 0. ==> This year is lower or equal to last year. ==> Score 1.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Mar26)=Total Current Assets/Total Current Liabilities
=17.323/3.433
=5.04602389

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=18.521/2.784
=6.65265805

Open Door's current ratio of this year was 5.04602389. Open Door's current ratio of last year was 6.65265805. ==> Last year's current ratio is higher ==> Score 0.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

Open Door's number of shares in issue this year was 31.013. Open Door's number of shares in issue last year was 31.014. ==> There is smaller number of shares in issue this year, or the same. ==> Score 1.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=9.731/15.463
=0.62930867

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=9.634/16.135
=0.59708708

Open Door's gross margin of this year was 0.62930867. Open Door's gross margin of last year was 0.59708708. ==> This year's gross margin is higher. ==> Score 1.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar25)
=15.463/32.216
=0.47997889

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=16.135/37.802
=0.42682927

Open Door's asset turnover of this year was 0.47997889. Open Door's asset turnover of last year was 0.42682927. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=0+0+0+1+1+0+1+1+1
=5

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Open Door has an F-score of 5 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 5 mean?
Open Door (OPNDF) has a Piotroski F-Score of 5 as of Jun. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Open Door and its competitors. This is 17% below median its historical median of 6.00. Over the past decade, Open Door's Piotroski F-Score has ranged from 2.00 to 7.00. According to the industry distribution chart, Open Door ranks #221 out of 550 companies in the Interactive Media industry, placing it in the top 40.2%.
Is Open Door's Piotroski F-Score too high?
Open Door's current Piotroski F-Score of 5 is 17% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 7.00. The Interactive Media industry median Piotroski F-Score is 5.00. Open Door's value of 5 is 0% at this industry median. Based on the distribution chart, Open Door ranks #221 out of 550 companies in the Interactive Media industry, which is above the industry midpoint. Overall, Open Door has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Open Door's Piotroski F-Score compare to GOOGL and META?
According to the Interactive Media industry distribution chart, Open Door ranks #221 out of 550 companies for Piotroski F-Score. This puts Open Door in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Open Door's value of 5 is 0% at this benchmark. Historically, Open Door's own Piotroski F-Score has ranged from 2.00 to 7.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Open Door has consistently been at 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 Piotroski F-Score for an Interactive Media company?
The median Piotroski F-Score among Interactive Media companies is 5.00, based on 550 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Open Door's current Piotroski F-Score of 5 is 0% at 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 Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Open Door and its competitors. For the Interactive Media industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Open Door's current Piotroski F-Score is 5, which is 17% below median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Open Door stock overvalued right now?
Based on GuruFocus' analysis, Open Door (OPNDF) is currently considered Significantly Undervalued. The stock's GF Value™ is $3.90, compared to a current price of $2.00 — trading 48.7% below its estimated fair value. The current Piotroski F-Score is 5, which is 17% below median its 10-year median of 6.00 and 0% at the Interactive Media industry median of 5.00. Open Door's overall GF Score™ is 80/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Open Door (OPNDF), the current Piotroski F-Score is 5 as of Jun. 26, 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 Open Door (OPNDF) Overvalued in 2026?

Based on GuruFocus' analysis, Open Door stock appears to be undervalued. The current stock price of $2.00 is trading 48.7% below its estimated GF Value™ of $3.90. GuruFocus considers Open Door to be Significantly Undervalued.

Key valuation signals for OPNDF:

  • Piotroski F-Score: 5 (17% below median its 10-year median of 6.00)
  • GF Value™: $3.90 vs. price of $2.00 (48.7% below fair value)
  • GF Score™: 80/100 with 2 warning signs
  • Industry Position: 0% at the Interactive Media median (#221 of 550)

No single metric tells the full story. See the OPNDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Open Door Business Description

Other Exchanges 3926:Japan
Address 2-17-7 Akasaka, Akasaka Tameike Tower, 6th Floor, Minato-ku, Chikusei-cho, Tokyo, JPN, 107-0052
Open Door Inc is engaged in the planning and operation of game content for mobile phones, software development, and content delivery. It is also involved in development and provision of online systems for the internet and mobile phones. The company operates in two sites Travelko, a travel comparison site and GALLERY JAPAN, a japanese traditional art crafts site.
80GF Score

Get the complete analysis for OPNDF

Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.00
Price
$3.90
GF Value