Overview Dividends

(OPRA) Opera - Ratings and Ratios

Exchange: NASDAQ • Country: Norway • Currency: USD • Type: Common Stock • ISIN: US68373M1071

Browser, VPN, News, Finance, Gaming

OPRA EPS (Earnings per Share)

EPS Growth (3Y CAGR): 3.91%
EPS Trend (3Y Correlation): 8.6%

OPRA Revenue

Revenue Growth (3Y CAGR): 20.63%
Revenue Trend (3Y Correlation): 96.2%

Description: OPRA Opera August 13, 2025

Opera Ltd (NASDAQ:OPRA) is a Norwegian application software company listed on the NASDAQ exchange. The companys stock has been trading at $15.98, indicating a potential undervaluation given its historical price range of $11.92 to $21.41 over the past 52 weeks.

To evaluate the companys financial health, we can examine key performance indicators (KPIs) such as Return on Equity (RoE), which stands at 9.10%. This suggests that Opera Ltd is generating a relatively stable return for its shareholders. The Price-to-Earnings (P/E) ratio is 17.05, indicating that the stock may be reasonably valued compared to its earnings.

The application software industry is driven by factors such as technological innovation, user adoption rates, and revenue growth. Key economic drivers for Opera Ltd include its ability to generate revenue through its software applications, expand its user base, and maintain a competitive edge in the market. The companys market capitalization of $1.42 billion suggests a significant presence in the industry.

A deeper analysis of Opera Ltds financials would require examining its income statement, particularly the yearly Income Tax Expense, to understand its tax obligations and potential impact on its net income. Additionally, evaluating the companys cash flow statement would provide insights into its ability to generate cash and invest in growth opportunities.

OPRA Stock Overview

Market Cap in USD	1,301m
Sub-Industry	Application Software
IPO / Inception	2018-07-27

OPRA Stock Ratings

Growth Rating	37.4%
Fundamental	72.2%
Dividend Rating	12.4%
Return 12m vs S&P 500	-30.0%
Analyst Rating	4.71 of 5

OPRA Dividends

Dividend Yield 12m	5.75%
Yield on Cost 5y	11.27%
Annual Growth 5y	-33.33%
Payout Consistency	87.8%
Payout Ratio	72.1%

OPRA Growth Ratios

Growth Correlation 3m	-39.6%
Growth Correlation 12m	-27.9%
Growth Correlation 5y	76.4%
CAGR 5y	53.11%
CAGR/Max DD 3y (Calmar Ratio)	0.86
CAGR/Mean DD 3y (Pain Ratio)	1.62
Sharpe Ratio 12m	-0.32
Alpha	-35.16
Beta	1.053
Volatility	65.05%
Current Volume	896.6k
Average Volume 20d	824.5k
Stop Loss	13.1 (-5.8%)
Signal	-1.00

Piotroski VR‑10 (Strict, 0-10) 7.0

Net Income (80.6m TTM) > 0 and > 6% of Revenue (6% = 33.3m TTM)

FCFTA 0.09 (>2.0%) and ΔFCFTA 4.26pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 25.75% (prev 27.07%; Δ -1.32pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.10 (>3.0%) and CFO 105.6m > Net Income 80.6m (YES >=105%, WARN >=100%)

Net Debt (-124.1m) to EBITDA (107.0m) ratio: -1.16 <= 3.0 (WARN <= 3.5)

Current Ratio 2.43 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (90.3m) change vs 12m ago 1.12% (target <= -2.0% for YES)

Gross Margin 63.91% (prev 70.50%; Δ -6.59pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 53.40% (prev 41.18%; Δ 12.22pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 160.3 (EBITDA TTM 107.0m / Interest Expense TTM 558.0k) >= 6 (WARN >= 3)

Altman Z'' 8.61

(A) 0.13 = (Total Current Assets 243.0m - Total Current Liabilities 100.2m) / Total Assets 1.07b

(B) 0.55 = Retained Earnings (Balance) 584.6m / Total Assets 1.07b

(D) 5.12 = Book Value of Equity 582.8m / Total Liabilities 113.9m

Total Rating: 8.61 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 72.20

1. Piotroski 7.0pt = 2.0

2. FCF Yield 8.33% = 4.16

3. FCF Margin 17.67% = 4.42

4. Debt/Equity 0.01 = 2.50

5. Debt/Ebitda -1.16 = 2.50

6. ROIC - WACC (= -1.39)% = -1.74

7. RoE 8.63% = 0.72

8. Rev. Trend 96.16% = 7.21

9. EPS Trend 8.56% = 0.43

What is the price of OPRA shares?

As of November 08, 2025, the stock is trading at USD 13.91 with a total of 896,633 shares traded.
Over the past week, the price has changed by -5.63%, over one month by -19.17%, over three months by -14.53% and over the past year by -20.21%.

Is Opera a good stock to buy?

Partly, yes. Based on ValueRay´s Fundamental Analyses, Opera (NASDAQ:OPRA) is currently (November 2025) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 72.20 and therefor a somewhat positive outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of OPRA is around 16.65 USD . This means that OPRA is currently undervalued and has a potential upside of +19.7% (Margin of Safety).

Is OPRA a buy, sell or hold?

Opera has received a consensus analysts rating of 4.71. Therefore, it is recommended to buy OPRA.

Strong Buy: 5
Buy: 2
Hold: 0
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the OPRA price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	25.5	83.3%
Analysts Target Price	25.5	83.3%
ValueRay Target Price	18.8	35.1%

OPRA Fundamental Data Overview November 01, 2025

Market Cap USD = 1.30b (1.30b USD * 1.0 USD.USD)
P/E Trailing = 16.1444
P/S = 2.2373
P/B = 1.7139
Beta = 1.053
Revenue TTM = 554.7m USD
EBIT TTM = 89.5m USD
EBITDA TTM = 107.0m USD
Long Term Debt = 9.73m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 4.47m USD (from shortTermDebt, last quarter)
Debt = 9.73m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -124.1m USD (from netDebt column, last quarter)
Enterprise Value = 1.18b USD (1.30b + Debt 9.73m - CCE 133.8m)
Interest Coverage Ratio = 160.3 (Ebit TTM 89.5m / Interest Expense TTM 558.0k)
FCF Yield = 8.33% (FCF TTM 98.0m / Enterprise Value 1.18b)
FCF Margin = 17.67% (FCF TTM 98.0m / Revenue TTM 554.7m)
Net Margin = 14.53% (Net Income TTM 80.6m / Revenue TTM 554.7m)
Gross Margin = 63.91% ((Revenue TTM 554.7m - Cost of Revenue TTM 200.2m) / Revenue TTM)
Gross Margin QoQ = 64.42% (prev 64.48%)
Tobins Q-Ratio = 1.10 (Enterprise Value 1.18b / Total Assets 1.07b)
Interest Expense / Debt = 2.29% (Interest Expense 223.0k / Debt 9.73m)
Taxrate = 11.75% (2.09m / 17.8m)
NOPAT = 79.0m (EBIT 89.5m * (1 - 11.75%))
Current Ratio = 2.43 (Total Current Assets 243.0m / Total Current Liabilities 100.2m)
Debt / Equity = 0.01 (Debt 9.73m / totalStockholderEquity, last quarter 955.8m)
Debt / EBITDA = -1.16 (Net Debt -124.1m / EBITDA 107.0m)
Debt / FCF = -1.27 (Net Debt -124.1m / FCF TTM 98.0m)
Total Stockholder Equity = 934.3m (last 4 quarters mean from totalStockholderEquity)
RoA = 7.53% (Net Income 80.6m / Total Assets 1.07b)
RoE = 8.63% (Net Income TTM 80.6m / Total Stockholder Equity 934.3m)
RoCE = 9.48% (EBIT 89.5m / Capital Employed (Equity 934.3m + L.T.Debt 9.73m))
RoIC = 8.45% (NOPAT 79.0m / Invested Capital 934.3m)
WACC = 9.84% (E(1.30b)/V(1.31b) * Re(9.90%) + D(9.73m)/V(1.31b) * Rd(2.29%) * (1-Tc(0.12)))
Discount Rate = 9.90% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 0.60%
[DCF Debug] Terminal Value 75.65% ; FCFE base≈78.5m ; Y1≈96.9m ; Y5≈165.3m
Fair Price DCF = 22.73 (DCF Value 2.03b / Shares Outstanding 89.5m; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: 8.56 | EPS CAGR: 3.91% | SUE: 0.16 | # QB: 0
Revenue Correlation: 96.16 | Revenue CAGR: 20.63% | SUE: 1.55 | # QB: 4

Additional Sources for OPRA Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle