Offerpad Solutions Stock Piotroski F Score

OPAD Stock  USD 4.14  0.06  1.47%   
This module uses fundamental data of Offerpad Solutions to approximate its Piotroski F score. Offerpad Solutions F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Offerpad Solutions. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about Offerpad Solutions financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Offerpad Solutions Altman Z Score, Offerpad Solutions Correlation, Offerpad Solutions Valuation, as well as analyze Offerpad Solutions Alpha and Beta and Offerpad Solutions Hype Analysis.
For information on how to trade Offerpad Stock refer to our How to Trade Offerpad Stock guide.
  
At present, Offerpad Solutions' Debt To Equity is projected to drop based on the last few years of reporting. The current year's Debt To Assets is expected to grow to 0.86, whereas Net Debt is forecasted to decline to about 174.4 M. At present, Offerpad Solutions' PTB Ratio is projected to decrease significantly based on the last few years of reporting. The current year's Days Sales Outstanding is expected to grow to 2.90, whereas Capex To Depreciation is forecasted to decline to 0.17.
At this time, it appears that Offerpad Solutions' Piotroski F Score is Healthy. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
5.0
Piotroski F Score - Healthy
Current Return On Assets

Negative

Focus
Change in Return on Assets

Increased

Focus
Cash Flow Return on Assets

Positive

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

Decrease

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

Increase

Focus
Change in Gross Margin

Increase

Focus

Offerpad Solutions Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Offerpad Solutions is to make sure Offerpad is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Offerpad Solutions' auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Offerpad Solutions' financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover2.743.4618
Significantly Down
Pretty Stable
Gross Profit Margin0.07850.0534
Way Up
Pretty Stable
Net Debt174.4 M183.5 M
Notably Down
Very volatile
Total Current Liabilities262.2 M276 M
Notably Down
Pretty Stable
Non Current Liabilities Total1.8 M1.9 M
Notably Down
Slightly volatile
Total Assets699.5 M379.7 M
Way Up
Slightly volatile
Total Current Assets689.8 M371.6 M
Way Up
Slightly volatile

Offerpad Solutions F Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Offerpad Solutions' different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Offerpad Solutions in a much-optimized way.

About Offerpad Solutions Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

Book Value Per Share

2.65

At present, Offerpad Solutions' Book Value Per Share is projected to drop based on the last few years of reporting.

Offerpad Solutions ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Offerpad Solutions' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Offerpad Solutions' managers, analysts, and investors.
Environmental
Governance
Social

About Offerpad Solutions Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Offerpad Solutions's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Offerpad Solutions using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Offerpad Solutions based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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When determining whether Offerpad Solutions is a strong investment it is important to analyze Offerpad Solutions' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Offerpad Solutions' future performance. For an informed investment choice regarding Offerpad Stock, refer to the following important reports:
Check out Offerpad Solutions Altman Z Score, Offerpad Solutions Correlation, Offerpad Solutions Valuation, as well as analyze Offerpad Solutions Alpha and Beta and Offerpad Solutions Hype Analysis.
For information on how to trade Offerpad Stock refer to our How to Trade Offerpad Stock guide.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Real Estate Management & Development space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Offerpad Solutions. If investors know Offerpad will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Offerpad Solutions listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.18)
Revenue Per Share
35.993
Quarterly Revenue Growth
(0.11)
Return On Assets
(0.07)
Return On Equity
(0.67)
The market value of Offerpad Solutions is measured differently than its book value, which is the value of Offerpad that is recorded on the company's balance sheet. Investors also form their own opinion of Offerpad Solutions' value that differs from its market value or its book value, called intrinsic value, which is Offerpad Solutions' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Offerpad Solutions' market value can be influenced by many factors that don't directly affect Offerpad Solutions' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Offerpad Solutions' value and its price as these two are different measures arrived at by different means. Investors typically determine if Offerpad Solutions is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Offerpad Solutions' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.