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OPERA LTD-ADR (OPRA) Stock Fundamental Analysis

NASDAQ:OPRA - Nasdaq - US68373M1071 - ADR - Currency: USD

19.59  -0.75 (-3.69%)

After market: 19.5292 -0.06 (-0.31%)

Fundamental Rating

7

OPRA gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 284 industry peers in the Software industry. OPRA gets an excellent profitability rating and is at the same time showing great financial health properties. OPRA is evaluated to be cheap and growing strongly. This does not happen too often! With these ratings, OPRA could be worth investigating further for value and growth and quality investing!.


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

OPRA had positive earnings in the past year.
In the past year OPRA had a positive cash flow from operations.
OPRA had positive earnings in 4 of the past 5 years.
OPRA had a positive operating cash flow in 4 of the past 5 years.
OPRA Yearly Net Income VS EBIT VS OCF VS FCFOPRA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 0 50M -50M 100M 150M

1.2 Ratios

OPRA has a better Return On Assets (15.75%) than 91.67% of its industry peers.
OPRA's Return On Equity of 17.50% is amongst the best of the industry. OPRA outperforms 85.51% of its industry peers.
OPRA has a better Return On Invested Capital (7.35%) than 81.52% of its industry peers.
Industry RankSector Rank
ROA 15.75%
ROE 17.5%
ROIC 7.35%
ROA(3y)4.23%
ROA(5y)6.86%
ROE(3y)4.67%
ROE(5y)7.49%
ROIC(3y)N/A
ROIC(5y)N/A
OPRA Yearly ROA, ROE, ROICOPRA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 0 5 10 15

1.3 Margins

OPRA's Profit Margin of 35.41% is amongst the best of the industry. OPRA outperforms 95.29% of its industry peers.
OPRA's Profit Margin has improved in the last couple of years.
With an excellent Operating Margin value of 18.90%, OPRA belongs to the best of the industry, outperforming 85.51% of the companies in the same industry.
In the last couple of years the Operating Margin of OPRA has declined.
OPRA's Gross Margin of 74.85% is fine compared to the rest of the industry. OPRA outperforms 65.94% of its industry peers.
OPRA's Gross Margin has declined in the last couple of years.
Industry RankSector Rank
OM 18.9%
PM (TTM) 35.41%
GM 74.85%
OM growth 3Y167.01%
OM growth 5Y-10.09%
PM growth 3Y-27.56%
PM growth 5Y12.06%
GM growth 3Y-7.05%
GM growth 5Y-4.77%
OPRA Yearly Profit, Operating, Gross MarginsOPRA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 0 20 40 60 80 100

8

2. Health

2.1 Basic Checks

OPRA has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for OPRA has been reduced compared to 1 year ago.
OPRA has less shares outstanding than it did 5 years ago.
The debt/assets ratio for OPRA is higher compared to a year ago.
OPRA Yearly Shares OutstandingOPRA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 50M 100M 150M 200M
OPRA Yearly Total Debt VS Total AssetsOPRA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 200M 400M 600M 800M 1B

2.2 Solvency

OPRA has an Altman-Z score of 12.24. This indicates that OPRA is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 12.24, OPRA belongs to the top of the industry, outperforming 85.87% of the companies in the same industry.
The Debt to FCF ratio of OPRA is 0.11, which is an excellent value as it means it would take OPRA, only 0.11 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 0.11, OPRA is doing good in the industry, outperforming 78.62% of the companies in the same industry.
OPRA has a Debt/Equity ratio of 0.01. This is a healthy value indicating a solid balance between debt and equity.
OPRA has a better Debt to Equity ratio (0.01) than 64.13% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.01
Debt/FCF 0.11
Altman-Z 12.24
ROIC/WACC0.9
WACC8.21%
OPRA Yearly LT Debt VS Equity VS FCFOPRA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 0 200M 400M 600M 800M 1B

2.3 Liquidity

A Current Ratio of 2.10 indicates that OPRA has no problem at all paying its short term obligations.
The Current ratio of OPRA (2.10) is better than 61.96% of its industry peers.
OPRA has a Quick Ratio of 2.10. This indicates that OPRA is financially healthy and has no problem in meeting its short term obligations.
Looking at the Quick ratio, with a value of 2.10, OPRA is in the better half of the industry, outperforming 63.04% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 2.1
Quick Ratio 2.1
OPRA Yearly Current Assets VS Current LiabilitesOPRA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 100M 200M 300M 400M 500M

7

3. Growth

3.1 Past

OPRA shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 165.00%, which is quite impressive.
The Earnings Per Share has been growing by 39.43% on average over the past years. This is a very strong growth
OPRA shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 18.45%.
The Revenue has been growing by 19.77% on average over the past years. This is quite good.
EPS 1Y (TTM)165%
EPS 3Y68.46%
EPS 5Y39.43%
EPS Q2Q%44.44%
Revenue 1Y (TTM)18.45%
Revenue growth 3Y31.05%
Revenue growth 5Y19.77%
Sales Q2Q%20.04%

3.2 Future

OPRA is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 12.87% yearly.
The Revenue is expected to grow by 15.43% on average over the next years. This is quite good.
EPS Next Y-50.35%
EPS Next 2Y-22.26%
EPS Next 3Y-9.88%
EPS Next 5Y12.87%
Revenue Next Year19.26%
Revenue Next 2Y17.37%
Revenue Next 3Y16.66%
Revenue Next 5Y15.43%

3.3 Evolution

The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
OPRA Yearly Revenue VS EstimatesOPRA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 200M 400M 600M 800M 1B
OPRA Yearly EPS VS EstimatesOPRA Yearly EPS VS EstimatesYearly EPS VS Estimates 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 1 2 3 4

7

4. Valuation

4.1 Price/Earnings Ratio

OPRA is valuated reasonably with a Price/Earnings ratio of 9.24.
93.12% of the companies in the same industry are more expensive than OPRA, based on the Price/Earnings ratio.
OPRA's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 29.63.
A Price/Forward Earnings ratio of 16.54 indicates a correct valuation of OPRA.
Based on the Price/Forward Earnings ratio, OPRA is valued cheaper than 84.78% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of OPRA to the average of the S&P500 Index (22.68), we can say OPRA is valued slightly cheaper.
Industry RankSector Rank
PE 9.24
Fwd PE 16.54
OPRA Price Earnings VS Forward Price EarningsOPRA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40 50

4.2 Price Multiples

86.23% of the companies in the same industry are more expensive than OPRA, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, OPRA is valued cheaply inside the industry as 84.06% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 20.52
EV/EBITDA 17.09
OPRA Per share dataOPRA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6 8 10

4.3 Compensation for Growth

OPRA has a very decent profitability rating, which may justify a higher PE ratio.
OPRA's earnings are expected to decrease with -9.88% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.23
EPS Next 2Y-22.26%
EPS Next 3Y-9.88%

5

5. Dividend

5.1 Amount

OPRA has a Yearly Dividend Yield of 3.83%.
Compared to an average industry Dividend Yield of 12.71, OPRA pays a better dividend. On top of this OPRA pays more dividend than 97.46% of the companies listed in the same industry.
OPRA's Dividend Yield is rather good when compared to the S&P500 average which is at 2.29.
Industry RankSector Rank
Dividend Yield 3.83%

5.2 History

OPRA has paid a dividend for less than 5 years, so there is no long track record yet.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
OPRA Yearly Dividends per shareOPRA Yearly Dividends per shareYearly Dividends per share 2023 2024 2025 0.2 0.4 0.6 0.8 1

5.3 Sustainability

23.47% of the earnings are spent on dividend by OPRA. This is a low number and sustainable payout ratio.
DP23.47%
EPS Next 2Y-22.26%
EPS Next 3Y-9.88%
OPRA Yearly Income VS Free CF VS DividendOPRA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 0 50M -50M 100M 150M
OPRA Dividend Payout.OPRA Dividend Payout, showing the Payout Ratio.OPRA Dividend Payout.PayoutRetained Earnings

OPERA LTD-ADR

NASDAQ:OPRA (2/21/2025, 8:00:02 PM)

After market: 19.5292 -0.06 (-0.31%)

19.59

-0.75 (-3.69%)

Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)10-29 2024-10-29/bmo
Earnings (Next)02-26 2025-02-26/amc
Inst Owners14.92%
Inst Owner Change30.27%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap1.73B
Analysts83.33
Price Target24.77 (26.44%)
Short Float %3.7%
Short Ratio3.2
Dividend
Industry RankSector Rank
Dividend Yield 3.83%
Yearly Dividend0.13
Dividend Growth(5Y)N/A
DP23.47%
Div Incr Years0
Div Non Decr Years0
Ex-Date01-06 2025-01-06 (0.4)
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.27%
Min EPS beat(2)1.96%
Max EPS beat(2)4.58%
EPS beat(4)3
Avg EPS beat(4)119.79%
Min EPS beat(4)-23.97%
Max EPS beat(4)496.58%
EPS beat(8)6
Avg EPS beat(8)72%
EPS beat(12)6
Avg EPS beat(12)-79.11%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)-0.29%
Min Revenue beat(2)-0.89%
Max Revenue beat(2)0.3%
Revenue beat(4)1
Avg Revenue beat(4)-0.52%
Min Revenue beat(4)-1.25%
Max Revenue beat(4)0.3%
Revenue beat(8)5
Avg Revenue beat(8)0.66%
Revenue beat(12)9
Avg Revenue beat(12)1.62%
Revenue beat(16)13
Avg Revenue beat(16)3.14%
PT rev (1m)0%
PT rev (3m)10.27%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0.14%
Revenue NQ rev (3m)0.14%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE 9.24
Fwd PE 16.54
P/S 3.85
P/FCF 20.52
P/OCF 15.96
P/B 1.9
P/tB 4.51
EV/EBITDA 17.09
EPS(TTM)2.12
EY10.82%
EPS(NY)1.18
Fwd EY6.05%
FCF(TTM)0.95
FCFY4.87%
OCF(TTM)1.23
OCFY6.27%
SpS5.09
BVpS10.3
TBVpS4.34
PEG (NY)N/A
PEG (5Y)0.23
Profitability
Industry RankSector Rank
ROA 15.75%
ROE 17.5%
ROCE 9.25%
ROIC 7.35%
ROICexc 8.31%
ROICexgc 23.59%
OM 18.9%
PM (TTM) 35.41%
GM 74.85%
FCFM 18.75%
ROA(3y)4.23%
ROA(5y)6.86%
ROE(3y)4.67%
ROE(5y)7.49%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3Y279.89%
ROICexcg growth 5Y-18.67%
ROICexc growth 3Y262.56%
ROICexc growth 5Y1.19%
OM growth 3Y167.01%
OM growth 5Y-10.09%
PM growth 3Y-27.56%
PM growth 5Y12.06%
GM growth 3Y-7.05%
GM growth 5Y-4.77%
F-Score5
Asset Turnover0.44
Health
Industry RankSector Rank
Debt/Equity 0.01
Debt/FCF 0.11
Debt/EBITDA 0.05
Cap/Depr 166.5%
Cap/Sales 5.36%
Interest Coverage 152.62
Cash Conversion 108.97%
Profit Quality 52.94%
Current Ratio 2.1
Quick Ratio 2.1
Altman-Z 12.24
F-Score5
WACC8.21%
ROIC/WACC0.9
Cap/Depr(3y)14.81%
Cap/Depr(5y)22.93%
Cap/Sales(3y)0.64%
Cap/Sales(5y)1.93%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)165%
EPS 3Y68.46%
EPS 5Y39.43%
EPS Q2Q%44.44%
EPS Next Y-50.35%
EPS Next 2Y-22.26%
EPS Next 3Y-9.88%
EPS Next 5Y12.87%
Revenue 1Y (TTM)18.45%
Revenue growth 3Y31.05%
Revenue growth 5Y19.77%
Sales Q2Q%20.04%
Revenue Next Year19.26%
Revenue Next 2Y17.37%
Revenue Next 3Y16.66%
Revenue Next 5Y15.43%
EBIT growth 1Y44.58%
EBIT growth 3Y249.92%
EBIT growth 5Y7.68%
EBIT Next Year100.76%
EBIT Next 3Y41.59%
EBIT Next 5Y30.59%
FCF growth 1Y80.86%
FCF growth 3Y-3.07%
FCF growth 5Y20.91%
OCF growth 1Y118.94%
OCF growth 3Y-3.92%
OCF growth 5Y19.59%