OPNDF (Open Door) Altman Z-Score: 10.17 (As of Jun. 26, 2026) — 75% 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 Altman Z-Score?

Open Door OPNDF +5.26% 80 Altman Z-Score is 10.17 as of Jun. 26, 2026, which is 75% below its 10-year median of 41.15. 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 86.73% on this metric.

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Good Sign:

Altman Z-score of 11.81 is strong.

Open Door has a Altman Z-Score of 10.17, indicating it is in Safe Zones. This implies the Altman Z-Score is strong.

The zones of discrimination were as such:

When Altman Z-Score <= 1.8, it is in Distress Zones.
When Altman Z-Score >= 3, it is in Safe Zones.
When Altman Z-Score is between 1.8 and 3, it is in Grey Zones.

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

OPNDF' s Altman Z-Score Range Over the Past 10 Years
Min: 11.81   Med: 41.15   Max: 126.95
Current: 11.81

During the past 12 years, Open Door's highest Altman Z-Score was 126.95. The lowest was 11.81. And the median was 41.15.


Open Door  (OTCPK:OPNDF) Altman Z-Score Explanation

X1: The Working Capital/Total Assets (WC/TA) ratio is a measure of the net liquid assets of the firm relative to the total capitalization. Working capital is defined as the difference between current assets and current liabilities. Ordinarily, a firm experiencing consistent operating losses will have shrinking current assets in relation to total assets. Altman found this one proved to be the most valuable liquidity ratio comparing with the current ratio and the quick ratio. This is however the least significant of the five factors.

X2: Retained Earnings/Total Assets: the RE/TA ratio measures the leverage of a firm. Retained earnings is the account which reports the total amount of reinvested earnings and/or losses of a firm over its entire life. Those firms with high RE, relative to TA, have financed their assets through retention of profits and have not utilized as much debt.

X3, Earnings Before Interest and Taxes/Total Assets (EBIT/TA): This ratio is a measure of the true productivity of the firm's assets, independent of any tax or leverage factors. Since a firm's ultimate existence is based on the earning power of its assets, this ratio appears to be particularly appropriate for studies dealing with corporate failure. This ratio continually outperforms other profitability measures, including cash flow.

X4, Market Value of Equity/Book Value of Total Liabilities (MVE/TL): The measure shows how much the firm's assets can decline in value (measured by market value of equity plus debt) before the liabilities exceed the assets and the firm becomes insolvent.

X5, Revenue/Total Assets (S/TA): The capital-turnover ratio is a standard financial ratio illustrating the sales generating ability of the firm's assets.

Read more about Altman Z-Score and the original research.


Be Aware

Altman Z-Score does not apply to financial companies.


Open Door Altman Z-Score Related Terms


Open Door Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Open Door's Altman Z-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 Altman Z-Score Chart

Open Door Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 126.95 41.15 29.18 26.80 0.00

Open Door Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Altman Z-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 26.80 22.05 16.06 12.12 0.00

OPNDF vs GOOGL, META, SPOT: Altman Z-Score Comparison

For the Internet Content & Information subindustry, Open Door's Altman Z-Score, along with its competitors' market caps and Altman Z-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 Altman Z-Score vs Interactive Media Industry

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

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


OPNDF
80GF Score
Open Door Inc OPNDF
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Open Door Altman Z-Score Calculation

Altman Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

Open Door's Altman Z-Score for today is calculated with this formula:

Z=1.2*X1+1.4*X2+3.3*X3+0.6*X4+1.0*X5
=1.2*0.5422+1.4*0.5792+3.3*-0.2677+0.6*14.9327+1.0*0.6321
=10.17

* 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. GuruFocus does not calculate Altman Z-Score when X4 or X5 value is 0.

Trailing Twelve Months (TTM) ended in Mar. 2026:
Total Assets was $25.62 Mil.
Total Current Assets was $17.32 Mil.
Total Current Liabilities was $3.43 Mil.
Retained Earnings was $14.84 Mil.
Pre-Tax Income was -0.173 + -6.19 + 0.01 + -0.505 = $-6.86 Mil.
Interest Expense was 0 + 0 + 0 + 0 = $0.00 Mil.
Revenue was 3.962 + 3.733 + 4.562 + 3.936 = $16.19 Mil.
Market Cap (Today) was $55.27 Mil.
Total Liabilities was $3.70 Mil.

* Note that for stock reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data.

X1=Working Capital/Total Assets
=(Total Current Assets - Total Current Liabilities)/Total Assets
=(17.323 - 3.433)/25.617
=0.5422

X2=Retained Earnings/Total Assets
=14.837/25.617
=0.5792

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-6.858 - 0)/25.617
=-0.2677

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=55.266/3.701
=14.9327

X5=Revenue/Total Assets
=16.193/25.617
=0.6321

The zones of discrimination were as such:

Distress Zones - 1.81 < Grey Zones < 2.99 - Safe Zones

Open Door has a Altman Z-Score of 10.17 indicating it is in Safe Zones.

Study by Altman found that companies that are in Distress Zone have more than 80% of chances of bankruptcy in two years.

Frequently Asked Questions Learn more about Altman Z-Score →
What does a Altman Z-Score of 10.17 mean?
Open Door (OPNDF) has a Altman Z-Score of 10.17 as of Jun. 26, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Open Door and its competitors. This is 75% below median its historical median of 41.15. Over the past decade, Open Door's Altman Z-Score has ranged from 11.81 to 126.95. According to the industry distribution chart, Open Door ranks #73 out of 550 companies in the Interactive Media industry, placing it in the top 13.3%.
Is Open Door's Altman Z-Score too high?
Open Door's current Altman Z-Score of 10.17 is 75% below median its 10-year median of 41.15. Over the past 10 years, this metric has ranged from a low of 11.81 to a high of 126.95. The Interactive Media industry median Altman Z-Score is 3.07. Open Door's value of 10.17 is 231.8% above this industry median. Based on the distribution chart, Open Door ranks #73 out of 550 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. 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 Altman Z-Score compare to GOOGL and META?
According to the Interactive Media industry distribution chart, Open Door ranks #73 out of 550 companies for Altman Z-Score. This places Open Door in the top 13% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.07. Open Door's value of 10.17 is 231.8% above this benchmark. Historically, Open Door's own Altman Z-Score has ranged from 11.81 to 126.95 over the past decade. While the company's 10-year median is 41.15 vs. the industry median of 3.07, Open Door has consistently been above 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 Altman Z-Score for an Interactive Media company?
The median Altman Z-Score among Interactive Media companies is 3.07, based on 550 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Open Door's current Altman Z-Score of 10.17 is 231.8% above 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 Altman Z-Score mean?
A high Altman Z-Score can signal that a stock is expensive relative to its fundamentals. The Altman Z-score measures a company's bankruptcy risk. View historical data on Open Door and its competitors. For the Interactive Media industry, the median Altman Z-Score is 3.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Open Door's current Altman Z-Score is 10.17, which is 75% below median its own 10-year median of 41.15. 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 Altman Z-Score is 10.17, which is 75% below median its 10-year median of 41.15 and 231.8% above the Interactive Media industry median of 3.07. 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 Altman Z-Score calculated?
Altman Z-Score is calculated from a company's financial statements. For Open Door (OPNDF), the current Altman Z-Score is 10.17 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:

  • Altman Z-Score: 10.17 (75% below median its 10-year median of 41.15)
  • GF Value™: $3.90 vs. price of $2.00 (48.7% below fair value)
  • GF Score™: 80/100 with 2 warning signs
  • Industry Position: 231.8% above the Interactive Media median (#73 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

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

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