Opera Price To Sales Ratio vs Book Value Per Share Analysis
OPRA Stock | USD 19.81 0.25 1.25% |
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 Price To Sales Ratio and its Book Value Per Share 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.
Price To Sales Ratio vs Book Value Per Share
Price To Sales Ratio vs Book Value Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Opera Price To Sales Ratio account and Book Value Per Share. At this time, the significance of the direction appears to have pay attention.
The correlation between Opera's Price To Sales Ratio and Book Value Per Share is -0.79. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of Opera, assuming nothing else is changed. The correlation between historical values of Opera's Price To Sales Ratio and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of Opera are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Price To Sales Ratio i.e., Opera's Price To Sales Ratio and Book Value Per Share go up and down completely randomly.
Correlation Coefficient | -0.79 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Opera stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Opera sales, a figure that is much harder to manipulate than other Opera multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.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.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 Profit | 237.3M | 276.4M | 207.9M | 210.3M | Total Revenue | 251.0M | 331.0M | 397.2M | 259.6M |
Opera fundamental ratios Correlations
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Opera Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Opera fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.1B | 1.1B | 1.1B | 964.7M | 1.0B | 1.0B | |
Short Long Term Debt Total | 57.0M | 9.0M | 13.5M | 7.8M | 10.5M | 12.1M | |
Other Current Liab | 22.9M | 18.3M | 25.7M | 19.1M | 16.2M | 20.0M | |
Total Current Liabilities | 128.6M | 45.5M | 71.5M | 64.3M | 81.4M | 70.9M | |
Total Stockholder Equity | 912.2M | 1.0B | 1.0B | 888.2M | 919.9M | 926.1M | |
Other Liab | 10.7M | 11.8M | 6.6M | 7.4M | 6.7M | 9.1M | |
Net Tangible Assets | 379.8M | 512.0M | 508.0M | 358.8M | 412.6M | 324.1M | |
Property Plant And Equipment Net | 26.1M | 18.2M | 12.3M | 14.6M | 16.1M | 17.1M | |
Current Deferred Revenue | 708K | 345K | 1.1M | 995K | 10.3M | 10.8M | |
Net Debt | (82.5M) | (125.2M) | (89.4M) | (44.6M) | (83.3M) | (87.5M) | |
Retained Earnings | 99.5M | 280.2M | 277.3M | 273.3M | 445.2M | 467.4M | |
Accounts Payable | 57.1M | 20.2M | 32.5M | 40.0M | 49.3M | 35.5M | |
Cash | 139.5M | 134.2M | 102.9M | 52.4M | 93.9M | 105.3M | |
Non Current Assets Total | 642.3M | 920.1M | 868.8M | 624.5M | 802.5M | 765.7M | |
Non Currrent Assets Other | 92K | 3K | 2.0M | 76.3M | 3.3M | 3.1M | |
Other Assets | 6.2M | 4.4M | 4.3M | 79.5M | 6.6K | 6.3K | |
Long Term Debt | 1.8M | 3.6M | 2.1M | 4.7M | 5.4M | 3.1M | |
Cash And Short Term Investments | 183.2M | 135.0M | 181.0M | 118.7M | 93.9M | 131.5M | |
Net Receivables | 201.6M | 28.8M | 62.4M | 131.5M | 109.9M | 90.8M | |
Common Stock Shares Outstanding | 114.5M | 118.7M | 115.1M | 110.3M | 90.9M | 118.2M | |
Short Term Investments | 43.7M | 856K | 78.1M | 66.3M | 2.2M | 2.1M | |
Liabilities And Stockholders Equity | 1.1B | 1.1B | 1.1B | 964.7M | 1.0B | 1.0B | |
Non Current Liabilities Total | 19.8M | 15.4M | 8.6M | 12.1M | 9.7M | 11.6M | |
Capital Lease Obligations | 12.0M | 7.8M | 5.4M | 7.6M | 10.4M | 7.2M | |
Inventory | 7.8M | 9.1M | 9.2M | 90.0M | 1.0 | 0.95 | |
Other Current Assets | 25.8M | 9.1M | 297.6M | 90.0M | 4.7M | 4.4M | |
Other Stockholder Equity | 814.2M | 762.0M | 764.4M | 618.3M | 478.8M | 572.9M | |
Total Liab | 148.4M | 60.9M | 80.2M | 76.5M | 91.1M | 86.9M | |
Long Term Investments | 77.7M | 361.1M | 319.0M | 2.6M | 256.3M | 146.3M | |
Short Long Term Debt | 43.2M | 5.4M | 11.4M | 3.1M | 111K | 105.5K | |
Total Current Assets | 418.3M | 187.5M | 252.6M | 340.2M | 208.5M | 247.3M | |
Accumulated Other Comprehensive Income | (1.5M) | 1.3M | (520K) | (3.4M) | (4.1M) | (4.3M) | |
Non Current Liabilities Other | 212K | 137K | 68K | 22K | 93K | 88.4K | |
Short Term Debt | 47.8M | 5.4M | 11.4M | 3.1M | 3.8M | 3.6M | |
Intangible Assets | 110.8M | 112.0M | 103.6M | 100.0M | 99.1M | 88.4M |
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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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
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 1.79 | 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.