Opera Limited American Depositary Shares (OPRA)

FairStock Score: 79/100 — HIGH CONVICTION

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

As a value investor, I start with the business and the price. Opera sells browsers and related services—Opera One, Opera AI, Opera GX, Opera Ads, GameMaker—with only 605 employees, so it is a focused operation. In the latest filed quarter, fiscal Q2 2026, revenue was $178.1M and net income was $27.6M, a 15.47% net margin. The provided growth rates—21.51% revenue growth and 94.17% profit growth—are strong, though the data do not label their period. Free cash flow is $114.2M, and the FairStock FCF yield is 7.6%, which supports a 4.43% dividend. The balance sheet is fortress-like with D/E of 0.01 and a FairStock Altman Z-Score of 7.35. The FairStock return metrics are ROE 12.86% and ROCE 6.22%. At the 2026-10-13 close of $18.11, the FairStock calculations show market cap $1.5B, P/E 13.12, P/B 1.59, EV/EBITDA 8.00, and PEG 0.14. The FairStock Graham Number is $18.81, leaving only a 3.72% margin of safety. FairStock Piotroski is 6/9, and the provided Lynch category is none because there are not three years of filed results. The figures show growing cash flows, but I cannot identify a wide moat from the provided data alone, and the market already recognizes much of the value. I would call it fairly valued, with the dividend and FCF yield providing some support.

In plain English: Opera makes web browsers and related online products such as advertising and gaming tools. The business looks profitable and growing, with almost no debt and good cash generation. At the recent price of $18.11, the shares look roughly fair compared with the company's profits and assets—not obviously cheap, but not expensive either.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer