Opera Book Value Per Share vs Free Cash Flow Yield Analysis

OPRA Stock  USD 20.01  0.42  2.14%   
Opera financial indicator trend analysis is much more than just breaking down Opera prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Opera is a good investment. Please check the relationship between Opera Book Value Per Share and its Free Cash Flow Yield accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Opera. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Opera Stock refer to our How to Trade Opera Stock guide.

Book Value Per Share vs Free Cash Flow Yield

Book Value Per Share vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Opera Book Value Per Share account and Free Cash Flow Yield. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Opera's Book Value Per Share and Free Cash Flow Yield is 0.52. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Opera, assuming nothing else is changed. The correlation between historical values of Opera's Book Value Per Share and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of Opera are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Book Value Per Share i.e., Opera's Book Value Per Share and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

0.52
Relationship DirectionPositive 
Relationship StrengthWeak

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.
Most indicators from Opera's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Opera current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Opera. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Opera Stock refer to our How to Trade Opera Stock guide.The current year's Sales General And Administrative To Revenue is expected to grow to 0.34, whereas Tax Provision is forecasted to decline to about 3.3 M.
 2021 2022 2023 2024 (projected)
Gross Profit237.3M276.4M207.4M210.3M
Total Revenue251.0M331.0M396.8M259.5M

Opera fundamental ratios Correlations

0.30.740.540.99-0.870.990.670.03-0.710.830.60.760.87-0.950.270.50.880.570.45-0.950.720.50.93-0.710.39
0.30.490.880.21-0.110.210.79-0.18-0.04-0.040.690.280.0-0.23-0.07-0.270.360.76-0.08-0.220.240.320.260.280.63
0.740.490.650.71-0.690.690.56-0.14-0.190.540.570.310.62-0.550.230.150.60.560.37-0.570.710.760.74-0.510.42
0.540.880.650.45-0.450.460.790.13-0.090.360.940.310.26-0.450.10.060.460.90.19-0.460.250.470.58-0.120.8
0.990.210.710.45-0.871.00.610.02-0.740.840.530.760.9-0.950.280.530.880.50.46-0.950.730.480.92-0.750.32
-0.87-0.11-0.69-0.45-0.87-0.88-0.49-0.150.54-0.86-0.6-0.55-0.720.85-0.42-0.74-0.73-0.58-0.490.86-0.62-0.54-0.920.89-0.23
0.990.210.690.461.0-0.880.6-0.01-0.740.820.540.760.89-0.950.30.550.870.50.38-0.950.690.490.91-0.750.33
0.670.790.560.790.61-0.490.6-0.03-0.40.430.720.580.41-0.620.10.260.60.80.24-0.610.580.20.68-0.090.64
0.03-0.18-0.140.130.02-0.15-0.01-0.030.040.50.27-0.060.15-0.09-0.280.29-0.150.070.66-0.07-0.28-0.420.24-0.320.25
-0.71-0.04-0.19-0.09-0.740.54-0.74-0.40.04-0.5-0.14-0.97-0.610.850.02-0.29-0.86-0.2-0.250.82-0.54-0.06-0.510.480.17
0.83-0.040.540.360.84-0.860.820.430.5-0.50.540.490.83-0.80.260.720.580.420.74-0.810.50.240.92-0.860.38
0.60.690.570.940.53-0.60.540.720.27-0.140.540.310.31-0.560.30.340.470.940.27-0.570.180.470.68-0.330.79
0.760.280.310.310.76-0.550.760.58-0.06-0.970.490.310.59-0.88-0.040.220.910.380.25-0.850.590.130.56-0.390.0
0.870.00.620.260.9-0.720.890.410.15-0.610.830.310.59-0.760.010.480.630.170.44-0.750.590.260.82-0.740.3
-0.95-0.23-0.55-0.45-0.950.85-0.95-0.62-0.090.85-0.8-0.56-0.88-0.76-0.28-0.52-0.94-0.57-0.461.0-0.66-0.39-0.860.71-0.23
0.27-0.070.230.10.28-0.420.30.1-0.280.020.260.3-0.040.01-0.280.480.220.420.06-0.350.260.60.34-0.30.13
0.5-0.270.150.060.53-0.740.550.260.29-0.290.720.340.220.48-0.520.480.250.310.31-0.550.230.070.67-0.70.18
0.880.360.60.460.88-0.730.870.6-0.15-0.860.580.470.910.63-0.940.220.250.540.32-0.930.730.50.71-0.550.09
0.570.760.560.90.5-0.580.50.80.07-0.20.420.940.380.17-0.570.420.310.540.23-0.590.330.510.64-0.220.65
0.45-0.080.370.190.46-0.490.380.240.66-0.250.740.270.250.44-0.460.060.310.320.23-0.460.470.00.6-0.560.14
-0.95-0.22-0.57-0.46-0.950.86-0.95-0.61-0.070.82-0.81-0.57-0.85-0.751.0-0.35-0.55-0.93-0.59-0.46-0.67-0.43-0.870.72-0.24
0.720.240.710.250.73-0.620.690.58-0.28-0.540.50.180.590.59-0.660.260.230.730.330.47-0.670.420.68-0.420.01
0.50.320.760.470.48-0.540.490.2-0.42-0.060.240.470.130.26-0.390.60.070.50.510.0-0.430.420.43-0.410.21
0.930.260.740.580.92-0.920.910.680.24-0.510.920.680.560.82-0.860.340.670.710.640.6-0.870.680.43-0.770.48
-0.710.28-0.51-0.12-0.750.89-0.75-0.09-0.320.48-0.86-0.33-0.39-0.740.71-0.3-0.7-0.55-0.22-0.560.72-0.42-0.41-0.77-0.01
0.390.630.420.80.32-0.230.330.640.250.170.380.790.00.3-0.230.130.180.090.650.14-0.240.010.210.48-0.01
Click cells to compare fundamentals

Opera Account Relationship Matchups

Opera fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.1B1.1B1.1B964.7M1.0B1.0B
Short Long Term Debt Total57.0M9.0M13.5M7.8M10.5M12.1M
Other Current Liab22.9M18.3M25.7M19.1M16.2M20.0M
Total Current Liabilities128.6M45.5M71.5M64.3M81.4M70.9M
Total Stockholder Equity912.2M1.0B1.0B888.2M919.9M926.1M
Other Liab10.7M11.8M6.6M7.4M6.7M9.1M
Net Tangible Assets379.8M512.0M508.0M358.8M412.6M324.1M
Property Plant And Equipment Net26.1M18.2M12.3M14.6M16.1M17.1M
Current Deferred Revenue708K345K1.1M995K10.3M10.8M
Net Debt(82.5M)(125.2M)(89.4M)(44.6M)(83.3M)(87.5M)
Retained Earnings99.5M280.2M277.3M273.3M445.2M467.4M
Accounts Payable57.1M20.2M32.5M40.0M49.3M35.5M
Cash139.5M134.2M102.9M52.4M93.9M105.3M
Non Current Assets Total642.3M920.1M868.8M624.5M802.5M765.7M
Non Currrent Assets Other92K3K2.0M76.3M(510.0)(484.5)
Other Assets6.2M4.4M4.3M79.5M6.6K6.3K
Long Term Debt1.8M3.6M2.1M4.7M5.4M3.1M
Cash And Short Term Investments183.2M135.0M181.0M118.7M93.9M131.5M
Net Receivables201.6M28.8M62.4M131.5M109.9M90.8M
Common Stock Shares Outstanding114.5M118.7M115.1M110.3M90.9M118.2M
Short Term Investments43.7M856K78.1M66.3M2.2M2.1M
Liabilities And Stockholders Equity1.1B1.1B1.1B964.7M1.0B1.0B
Non Current Liabilities Total19.8M15.4M8.6M12.1M9.7M11.6M
Capital Lease Obligations12.0M7.8M5.4M7.6M10.4M7.2M
Inventory7.8M9.1M9.2M90.0M1.00.95
Other Current Assets25.8M9.1M297.6M90.0M4.7M4.4M
Other Stockholder Equity814.2M762.0M764.4M618.3M478.8M572.9M
Total Liab148.4M60.9M80.2M76.5M91.1M86.9M
Long Term Investments77.7M361.1M319.0M2.6M256.3M146.3M
Short Long Term Debt43.2M5.4M11.4M3.1M111K105.5K
Total Current Assets418.3M187.5M252.6M340.2M208.5M247.3M
Accumulated Other Comprehensive Income(1.5M)1.3M(520K)(3.4M)(4.1M)(4.3M)
Non Current Liabilities Other212K137K68K22K93K88.4K
Short Term Debt47.8M5.4M11.4M3.1M3.8M3.6M
Intangible Assets110.8M112.0M103.6M100.0M99.1M88.4M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Opera offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Opera's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Opera Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Opera Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Opera. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Opera Stock refer to our How to Trade Opera Stock guide.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Opera. If investors know Opera will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Opera listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.111
Dividend Share
0.8
Earnings Share
1.8
Revenue Per Share
5.073
Quarterly Revenue Growth
0.2
The market value of Opera is measured differently than its book value, which is the value of Opera that is recorded on the company's balance sheet. Investors also form their own opinion of Opera's value that differs from its market value or its book value, called intrinsic value, which is Opera's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Opera's market value can be influenced by many factors that don't directly affect Opera's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Opera's value and its price as these two are different measures arrived at by different means. Investors typically determine if Opera is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Opera's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.