Opera Limited (OPRA)

NASDAQ: OPRA · IEX Real-Time Price · USD
16.26
+0.37 (2.33%)
Mar 28, 2024, 10:27 AM EDT - Market open

Total Valuation

Opera has a market cap or net worth of $1.39 billion. The enterprise value is $1.27 billion.

Market Cap 1.39B
Enterprise Value 1.27B

Important Dates

The next estimated earnings date is Thursday, April 25, 2024, before market open.

Earnings Date Apr 25, 2024
Ex-Dividend Date Jan 2, 2024

Share Statistics

Opera has 87.52 million shares outstanding.

Shares Outstanding 87.52M
Owned by Insiders (%) 1.35%
Owned by Institutions (%) 11.03%
Float 46.96M

Valuation Ratios

The trailing PE ratio is 8.54.

PE Ratio 8.54
Forward PE n/a
PS Ratio 3.50
Forward PS 2.98
PB Ratio 1.49
P/FCF Ratio 18.15
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 6.71, with an EV/FCF ratio of 16.64.

EV / Earnings 7.52
EV / Sales 3.21
EV / EBITDA 6.71
EV / EBIT 7.21
EV / FCF 16.64

Financial Position

The company has a current ratio of 2.56, with a Debt / Equity ratio of 0.01.

Current Ratio 2.56
Quick Ratio 2.50
Debt / Equity 0.01
Debt / EBITDA 0.06
Debt / FCF 0.14
Interest Coverage 274.45

Financial Efficiency

Return on equity (ROE) is 19.90% and return on invested capital (ROIC) is 6.39%.

Return on Equity (ROE) 19.90%
Return on Assets (ROA) 18.10%
Return on Capital (ROIC) 6.39%
Revenue Per Employee $654,830
Profits Per Employee $279,551
Employee Count 606
Asset Turnover 0.42
Inventory Turnover n/a

Taxes

In the past 12 months, Opera has paid $6.70 million in taxes.

Income Tax 6.70M
Effective Tax Rate 3.80%

Stock Price Statistics

The stock price has increased by +65.18% in the last 52 weeks. The beta is 0.72, so Opera's price volatility has been lower than the market average.

Beta (1Y) 0.72
52-Week Price Change +65.18%
50-Day Moving Average 12.66
200-Day Moving Average 14.07
Relative Strength Index (RSI) 63.79
Average Volume (30 Days) 1,036,737

Short Selling Information

Short Interest 3.71M
Short Previous Month 3.96M
Short % of Shares Out 92.57%
Short % of Float n/a
Short Ratio (days to cover) 2.33

Income Statement

In the last 12 months, Opera had revenue of $396.83 million and earned $169.41 million in profits. Earnings per share was $1.86.

Revenue 396.83M
Gross Profit 303.58M
Operating Income 62.89M
Pretax Income 176.11M
Net Income 169.41M
EBITDA 189.91M
EBIT 176.75M
Earnings Per Share (EPS) $1.86
Full Income Statement

Balance Sheet

The company has $126.66 million in cash and $10.55 million in debt, giving a net cash position of $116.11 million or $1.33 per share.

Cash & Cash Equivalents 126.66M
Total Debt 10.55M
Net Cash 116.11M
Net Cash Per Share $1.33
Equity / Book Value 935.96M
Book Value Per Share 10.69
Working Capital 127.05M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $82.76 million and capital expenditures -$6.15 million, giving a free cash flow of $76.61 million.

Operating Cash Flow 82.76M
Capital Expenditures -6.15M
Free Cash Flow 76.61M
FCF Per Share $0.86
Full Cash Flow Statement

Margins

Gross margin is 76.50%, with operating and profit margins of 15.85% and 42.69%.

Gross Margin 76.50%
Operating Margin 15.85%
Pretax Margin 44.38%
Profit Margin 42.69%
EBITDA Margin 47.86%
EBIT Margin 44.54%
FCF Margin 19.30%

Dividends & Yields

This stock pays an annual dividend of $0.80, which amounts to a dividend yield of 4.89%.

Dividend Per Share $0.80
Dividend Yield 4.89%
Dividend Growth (YoY) n/a
Years of Dividend Growth 1
Payout Ratio 43.01%
Buyback Yield 17.60%
Shareholder Yield 22.63%
Earnings Yield 12.18%
FCF Yield 5.51%
Dividend Details

Analyst Forecast

The average price target for Opera is $21.17, which is 29.40% higher than the current price. The consensus rating is "Strong Buy".

Price Target $21.17
Price Target Difference 29.40%
Analyst Consensus Strong Buy
Analyst Count 3
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Opera has an Altman Z-Score of 10.89 and a Piotroski F-Score of 5.

Altman Z-Score 10.89
Piotroski F-Score 5