IRSA Inversiones Y Representaciones S.A. (IRS) vs Opendoor Technologies Inc. (OPEN)

IRSA Inversiones Y Representaciones S.A. and Opendoor Technologies Inc. are both Real Estate Services companies. Opendoor Technologies Inc. is the larger, with a market value of $1.7B against $1.0B — 1.7× the size. Opendoor Technologies Inc. has negative trailing earnings, so its P/E is not meaningful; IRSA Inversiones Y Representaciones S.A. trades at 3.6×. IRSA Inversiones Y Representaciones S.A. grew revenue faster over the last twelve months: −1.75% against −28.8%. IRSA Inversiones Y Representaciones S.A. has the higher net margin (59.8% vs −49.1%) and the higher return on invested capital (9.81% vs −67.6%). Across the 18 metrics below, IRSA Inversiones Y Representaciones S.A. leads on 14 and Opendoor Technologies Inc. on 4.

Valuation

Metric IRS OPEN Real Estate Services median
P/E 3.64 n/m 24.54
P/S 2.08 0.50 0.88
P/B 0.57 2.85 0.80
Price to free cash flow 23.19 n/m 16.74
EV/EBITDA 3.87 n/m 10.14
EV/Sales 2.71 0.80 1.13
Earnings yield 27.50% (103.37%) (0.80%)
Free cash flow yield 4.31% (103.15%) (0.83%)

Profitability

Metric IRS OPEN Real Estate Services median
Gross margin 60.74% 7.53% 25.69%
Operating margin 67.72% (19.04%) 0.00%
Net margin 59.84% (49.06%) 0.11%
Free cash flow margin 8.97% (51.83%) 0.00%
Return on equity 16.37% (235.07%) 0.94%
Return on assets 8.15% (51.21%) 0.00%
Return on invested capital 9.81% (67.57%) 0.00%

Growth

Metric IRS OPEN Real Estate Services median
Revenue growth (TTM) (1.75%) (28.78%) 3.97%
EPS growth (last fiscal year) 49.43% (203.57%) 28.72%
Revenue growth, 5-year CAGR 24.41% 11.09% 5.94%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric IRS OPEN Real Estate Services median
Debt to equity 0.42 0.00 0.05
Current ratio 2.25 1.68 1.79
Net debt to EBITDA 0.90 (0.05) 0.61

Dividend

Metric IRS OPEN Real Estate Services median
Dividend yield 11.51% — 1.74%
Payout ratio 0.43 — 0.40

Size

Metric IRS OPEN Real Estate Services median
Market cap 1.03b 1.74b 247.44m

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