Opera Limited (OPRA) Financial Ratios
10 years of historical data (2016–2025) · Communication Services · Internet Content & Information
EV/EBITDA
↓
13.78
↓-35% vs avg
5yr avg: 21.07
30Y Low7.0·High54.0
P/FCF
↓
14.58
↓-30% vs avg
5yr avg: 20.79
30Y Low11.2·High39.3
P/B Ratio
↑
1.69
↑+41% vs avg
5yr avg: 1.19
30Y Low0.7·High1.8
ROE
↑
11.1%
↓+63% vs avg
5yr avg: 6.8%
30Y Low-4%·High18%
Debt/EBITDA
↓
0.12
↓-61% vs avg
5yr avg: 0.30
30Y Low0.1·High3.1
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
OPRA Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Opera Limited trades at 15.8x earnings, 26% below its 5-year average of 21.4x, sitting at the 43rd percentile of its historical range. This is roughly in line with the Communication Services sector median P/E of 15.4x. On a free-cash-flow basis, the stock trades at 14.6x P/FCF, 30% below the 5-year average of 20.8x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $1.7B | $1.3B | $1.7B | $1.2B | $694M | $813M | $1.1B | $1.0B | $580M | — | — |
| Enterprise Value | $1.5B | $1.1B | $1.6B | $1.1B | $649M | $724M | $958M | $904M | $407M | — | — |
| P/E Ratio → | 15.76 | 11.90 | 21.04 | 7.83 | 44.93 | — | 6.17 | 18.50 | 16.35 | — | — |
| P/S Ratio | 2.72 | 2.09 | 3.53 | 3.03 | 2.10 | 3.24 | 6.57 | 5.87 | 3.37 | — | — |
| P/B Ratio | 1.69 | 1.27 | 1.81 | 1.31 | 0.78 | 0.80 | 1.03 | 1.14 | 0.75 | — | — |
| P/FCF | 14.58 | 11.18 | 22.84 | 15.75 | 14.87 | 39.33 | 13.22 | — | 21.43 | — | — |
| P/OCF | 13.91 | 10.66 | 16.18 | 14.53 | 12.25 | 30.60 | 11.61 | — | 17.15 | — | — |
P/E links to full P/E history page with 30-year chart
OPRA EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Opera Limited's enterprise value stands at 13.8x EBITDA, 35% below its 5-year average of 21.1x. The Communication Services sector median is 9.0x, placing the stock at a 52% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.86 | 3.29 | 2.82 | 1.96 | 2.88 | 5.81 | 5.11 | 2.36 | — | — |
| EV / EBITDA | 13.78 | 10.26 | 14.66 | 14.72 | 11.65 | 54.04 | 53.42 | 49.16 | 7.03 | — | — |
| EV / EBIT | 16.59 | 12.36 | 15.98 | 6.98 | 26.89 | — | 25.25 | 20.58 | 9.96 | — | — |
| EV / FCF | — | 9.94 | 21.26 | 14.66 | 13.91 | 35.01 | 11.69 | — | 15.04 | — | — |
OPRA Profitability
Margins and return-on-capital ratios measuring operating efficiency
Opera Limited earns an operating margin of 15.0%. ROE of 11.1% is modest. ROIC of 8.2% represents adequate returns on invested capital.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 43.1% | 43.1% | 72.4% | 76.5% | 83.5% | 94.5% | 95.0% | 98.6% | 92.3% | 67.0% | 60.3% |
| Operating Margin | 15.0% | 15.0% | 19.2% | 15.8% | 12.6% | -2.5% | -1.5% | -0.3% | 26.3% | 7.9% | -3.1% |
| Net Profit Margin | 17.6% | 17.6% | 16.8% | 38.6% | 4.5% | -17.5% | 108.6% | 32.7% | 20.4% | 4.7% | -14.7% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 11.1% | 11.1% | 8.7% | 17.0% | 1.6% | -4.3% | 18.3% | 6.9% | 5.2% | 1.1% | -2.8% |
| ROA | 9.9% | 9.9% | 7.8% | 15.5% | 1.5% | -4.0% | 16.5% | 6.1% | 4.8% | 0.9% | -2.5% |
| ROIC | 8.2% | 8.2% | 8.3% | 5.6% | 3.5% | -0.5% | -0.2% | -0.1% | 5.9% | 1.4% | -0.5% |
| ROCE | 9.4% | 9.4% | 9.8% | 6.9% | 4.4% | -0.6% | -0.2% | -0.1% | 6.5% | 1.7% | -0.6% |
OPRA Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Opera Limited carries a Debt/EBITDA ratio of 0.1x, which is very conservative (97% below the sector average of 3.5x). The company holds a net cash position — cash of $155M exceeds total debt of $13M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns. Interest coverage of 151.5x signals virtually no risk of debt distress — earnings comfortably cover interest obligations.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.06 | 0.01 | 0.01 | 0.02 |
| Debt / EBITDA | 0.12 | 0.12 | 0.09 | 0.14 | 0.14 | 1.01 | 0.50 | 3.10 | 0.08 | 0.23 | 1.30 |
| Net Debt / Equity | — | -0.14 | -0.12 | -0.09 | -0.05 | -0.09 | -0.12 | -0.15 | -0.22 | -0.05 | -0.04 |
| Net Debt / EBITDA | -1.28 | -1.28 | -1.09 | -1.10 | -0.80 | -6.67 | -6.98 | -7.36 | -2.99 | -1.00 | -2.19 |
| Debt / FCF | — | -1.24 | -1.58 | -1.09 | -0.95 | -4.32 | -1.53 | — | -6.39 | -5.81 | — |
| Interest Coverage | 151.47 | 151.47 | 186.68 | 248.38 | 13.35 | -6.21 | 73.24 | 67.07 | 24.12 | 39.55 | — |
Net cash position: cash ($155M) exceeds total debt ($13M)
OPRA Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Opera Limited's current ratio of 2.35x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The current ratio has declined from 2.56x to 2.35x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.35 | 2.35 | 2.29 | 2.56 | 5.29 | 7.64 | 4.05 | 3.25 | 7.00 | 2.02 | 1.48 |
| Quick Ratio | 2.35 | 2.35 | 2.29 | 2.56 | 5.29 | 7.64 | 4.05 | 3.19 | 6.57 | 1.95 | 1.41 |
| Cash Ratio | 1.31 | 1.31 | 1.25 | 1.15 | 1.84 | 2.56 | 2.98 | 1.84 | 5.27 | 0.89 | 0.61 |
| Asset Turnover | — | 0.54 | 0.46 | 0.39 | 0.34 | 0.23 | 0.15 | 0.17 | 0.21 | 0.20 | 0.17 |
| Inventory Turnover | — | — | — | — | — | — | — | 0.33 | 0.91 | 17.68 | 11.15 |
| Days Sales Outstanding | — | 70.80 | 73.95 | 101.12 | 145.01 | 90.75 | 87.63 | 306.55 | 94.47 | 110.27 | 145.47 |
OPRA Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Opera Limited returns 4.2% to shareholders annually primarily through dividends. A payout ratio of 65.7% is moderate and appears sustainable, balancing shareholder returns with reinvestment capacity. The earnings yield of 6.3% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 4.2% | 5.5% | 2.2% | 1.9% | — | — | — | — | — | — | — |
| Payout Ratio | 65.7% | 65.7% | 46.3% | 15.1% | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 6.3% | 8.4% | 4.8% | 12.8% | 2.2% | — | 16.2% | 5.4% | 6.1% | — | — |
| FCF Yield | 6.9% | 8.9% | 4.4% | 6.3% | 6.7% | 2.5% | 7.6% | — | 4.7% | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 2.7% | 21.0% | 0.1% | 4.5% | 0.6% | 0.8% | — | — |
| Total Shareholder Yield | 4.2% | 5.5% | 2.2% | 4.6% | 21.0% | 0.1% | 4.5% | 0.6% | 0.8% | — | — |
| Shares Outstanding | — | $91M | $90M | $91M | $110M | $115M | $119M | $112M | $104M | $110M | $110M |
Peer Comparison
Compare OPRA with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 OPRAYou | $2B | 15.8 | 13.8 | 14.6 | 43.1% | 15.0% | 11.1% | 8.2% | 0.1 |
 MNTS | $3M | -0.1 | — | — | 96.9% | -1404.1% | — | -734.0% | — |
 IAC | $3B | -32.4 | 14.3 | 71.5 | 66.8% | -4.1% | -1.9% | -1.2% | 5.5 |
 SNAP | $10B | -22.2 | — | 23.1 | 55.0% | -9.0% | -19.5% | -6.9% | — |
 PINS | $14B | 35.4 | 39.5 | 11.5 | 80.1% | 7.6% | 8.8% | 6.1% | 0.8 |
 MGNI | $2B | 14.7 | 11.4 | 12.1 | 62.7% | 13.7% | 17.1% | 9.5% | 1.8 |
 GOOGL | $4.8T | 36.8 | 32.2 | 65.7 | 59.7% | 32.1% | 35.7% | 25.1% | 0.4 |
 META | $1.6T | 26.3 | 15.8 | 33.9 | 82.0% | 41.4% | 30.2% | 27.6% | 0.8 |
 MSFT | $3.1T | 30.9 | 19.7 | 43.7 | 68.8% | 45.6% | 33.3% | 24.9% | 0.7 |
 MOMO | $2B | 9.3 | 6.9 | 21.9 | 37.6% | 12.7% | 7.0% | 10.9% | 0.1 |
 WB | $1B | 7.3 | 2.4 | 2.3 | 78.9% | 28.2% | 8.5% | 10.3% | 3.4 |
| Communication Services Median | — | 15.4 | 9.0 | 11.8 | 48.3% | 0.7% | 2.2% | 3.0% | 3.5 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Start ComparisonOPRA — Frequently Asked Questions
Quick answers to the most common questions about buying OPRA stock.
What is Opera Limited's P/E ratio?
Opera Limited's current P/E ratio is 15.8x. The historical average is 18.1x. This places it at the 43th percentile of its historical range.
What is Opera Limited's EV/EBITDA?
Opera Limited's current EV/EBITDA is 13.8x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 26.9x.
What is Opera Limited's ROE?
Opera Limited's return on equity (ROE) is 11.1%. The historical average is 6.3%.
Is OPRA stock overvalued?
Based on historical data, Opera Limited is trading at a P/E of 15.8x. This is at the 43th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Opera Limited's dividend yield?
Opera Limited's current dividend yield is 4.18% with a payout ratio of 65.7%.
What are Opera Limited's profit margins?
Opera Limited has 43.1% gross margin and 15.0% operating margin. Operating margin between 10-20% is typical for established companies.
How much debt does Opera Limited have?
Opera Limited's Debt/EBITDA ratio is 0.1x, indicating low leverage. A ratio below 2x is generally considered financially healthy.