- Ticker
- OPRA
- Price
- 17.72
- Stock movement down
- -0.72 (-3.90%)
- Company name
- Opera Ltd
- Exchange
- (NASDAQ ,
- Currency
- USD )
- Sector
- Communication Services >Internet Content & Information
- Marktkapitalisatie
- 1.58B
- Ent waarde
- 1.60B
- Prijs/Verkoop
- 4.78
- Prijs/Boek
- 1.78
- Div opbrengst
- -
- Div groei
- -
- Jaren van groei
- -
- FCF-uitkering
- -
- Trailing P/E
- 105.15
- Toekomstige P/E
- 23.63
- PEG
- -
- EPS-groei
- -
- 1 jaar rendement
- 236.24%
- 3 jaar rendement
- 36.16%
- 5 jaar rendement
- -
- 10 jaar rendement
- -
iO Charts is a Seeking Alpha partner
iO Charts is a Seeking Alpha partner
ZAKELIJK INZICHT
Segment Revenues ($M)
Search and Advertising revenues are derived mainly from the core platforms: the Opera browsers and Opera News
Tech is basically the "Other" category, which includes everything outside Search and Advertising
Segment Adjusted EBITDA ($M)
Okash, Opera's main fintech arm was spun out and merged with Mobimagic in 20Q3, creating a new entity, Nanobank, of which Opera owns 42%. As a consequence, results are no longer consolidated into the standard results and an equity valuation model is used (Nanobank results are not included in operating results, but are treated as an investment and are visible on the balance sheet)
Nanobank's financial results are visible on a chart below
Opera's European Fintech (now Dify) operations have not had meaningful revenues, but are expected to ramp up soon
MAU distribution as of 2020 Dec (M)
In Africa, the Opera mobile browsers are very popular and a considerable portion of the company's products are developed specifically for African/Emerging markets
The main user base for the PC browsers is in Europe
MAU development of products (M)
Management discloses different metrics every quarter, thus some numbers are missing for specific products
The in-house products of the company include: Browsers (Cornerstone product), Opera News, Opera Ads, Olist, Dify (Pocosys acquisition), Opera Games (YoYo Games + Opera GX browser)
Investee revenues ($M - ex Nanobank)
The company has notable stakes in 5 companies. Opera owns 42% of Nanobank, 13.1% of Opay, 19.4% of StarMaker, 29.1% of nHorizon and 9.9% of Fjord Bank
OPay is the largest mobile payment platform in Nigeria with $2B+ monthly transaction volume as of December 2020
StarMaker is a karaoke app used mainly in India, the Middle East and Indonesia. It has 50M+ users and $180M revenue runrate as of 21Q1
For Nanobank details, refer to the corresponding chart below
nHorizon is a joint venture and operates an Opera browser in China
The smallest notable equity stake is in Fjord Bank with a 9.9% interest, which Opera acquired for €0.77M in 2021 January
Estimated equity value of investees ($M - 2020 Dec 31)
Opera liquidated all of its remaining stake in Powerbets in 2020
nHorizon's estimated value was $1M in 2019 and $0.5M in 2020. Because of the tiny amount it is not on the chart
Nanobank Financials ($M)
Opera owns 42% of Nanobank
Nanobank runs a microlending business, serves over 50M+ users as of the end of 2020 and has issued $2B+ worth of loans in 2019 and 2020
The company has substantial operations in 4 markets: India, Indonesia, Mexico and Kenya
Desktop browser market share (%)
Chrome is developed by Google, Firefox by Mozilla, Safari by Apple, the Opera browsers by Opera and IE was developed by Microsoft but has been discontinued
https://gs.statcounter.com/browser-market-share/desktop/worldwide#yearly-2009-2021
Mobile browser market share (%)
Chrome and the Android browser (as well as the OS) are developed by Google, Safari by Apple, UC Browser by a subsidiary of Alibaba, the Opera browsers by Opera, Samsung Internet by Samsung, Nokia by Nokia and Blackberry by Blackberry (then Research in Motion)
https://gs.statcounter.com/browser-market-share/mobile/worldwide#yearly-2009-2021
DIVIDENDEN
iO Charts is a Seeking Alpha partner
iO Charts is a Seeking Alpha partner
WAARDERING
Waarderingsverhoudingen
| Trailing P/E | 105.15 |
| Prijs tot OCF | 27.90 |
| Prijs tot FCF | 31.87 |
| Prijs tot EBITDA | 15.37 |
| EV tot EBITDA | 15.60 |
Waardering (verkoop/boekwaarde)
| Prijs tot verkoop | 4.78 |
| Prijs te boeken | 1.78 |
| EV naar verkoop | 4.85 |
FINANCIËN
Per aandeel
| Huidig aantal aandelen | 89.22M |
| WPA (TTM) | 0.16 |
| FCF per aandeel (TTM) | 0.52 |
Resultatenrekening
| Inkomsten (TTM) | 331.04M |
| Brutowinst (TTM) | 276.45M |
| Bedrijfsresultaat (TTM) | 40.60M |
| Netto inkomsten (TTM) | 15.03M |
| WPA (TTM) | 0.16 |
| Winst per aandeel (1 jaar vooruit) | 0.75 |
Marges
| Brutomarge (TTM) | 83.51% |
| Operationele marge (TTM) | 12.26% |
| Winstmarge (TTM) | 4.54% |
Balans
| Cash | 52.41M |
| Netto vorderingen | 131.52M |
| Totaal vlottende activa | 340.21M |
| Goodwill | 429.44M |
| Immateriële activa | 99.98M |
| Materiële vaste activa | 0.00 |
| Totaal activa | 964.69M |
| Crediteuren | 46.94M |
| Schuld op korte/lange termijn | 7.83M |
| Totaal vlottende passiva | 64.33M |
| Totaal passiva | 76.47M |
| Eigen vermogen | 888.21M |
| Netto materiële activa | 0.00 |
Kasstroom
| Bedrijfskasstroom (TTM) | 56.66M |
| Investeringsuitgaven (TTM) | 7.89M |
| Vrije kasstroom (TTM) | 49.61M |
| Betaalde dividenden (TTM) | 0.00 |
Financieel rendement
| Rendement op eigen vermogen | 1.69% |
| Rendement op activa | 1.56% |
| Rendement op geïnvesteerd kapitaal | 1.68% |
| Contant rendement op geïnvesteerd kapitaal | 5.54% |
iO Charts is a Seeking Alpha partner
iO Charts is a Seeking Alpha partner
VOORRAADINFORMATIE
Voorraadgrafiek
| Open | 18.45 |
| Dagelijks hoog | 18.46 |
| Dagelijks laag | 17.12 |
| Dagelijks volume | 1.03M |
| Hoogtepunt aller tijden | 18.94 |
| 1y analistenraming | 13.00 |
| Beta | 0.95 |
| WPA (TTM) | 0.16 |
| Dividend per aandeel | - |
| Ex-div datum | 27 Jan 2023 |
| Volgende inkomsten datum | 28 Aug 2023 |
Negatief potentieel
| OPRA | S&P500 | |
| Huidige prijsdaling vanaf het hoogste punt ooit | -6.44% | -10.71% |
| Hoogste prijsdaling | -72.85% | -56.47% |
| Datum van hoogste daling | 24 Oct 2022 | 9 Mar 2009 |
| Gemiddelde daling vanaf de top | -41.72% | -11.53% |
| Gemiddelde tijd tot nieuwe high | 102 days | 13 days |
| Max tijd tot nieuwe hoogte | 934 days | 1805 days |
iO Charts is a Seeking Alpha partner
iO Charts is a Seeking Alpha partner
iO Charts is a Seeking Alpha partner
iO Charts is a Seeking Alpha partner
