Opera Ltd (OPRA) - Net Assets
Based on the latest financial reports, Opera Ltd (OPRA) has net assets worth $988.98 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.14 Billion) and total liabilities ($151.97 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Opera Ltd (OPRA) tangible net worth to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $988.98 Million |
| % of Total Assets | 86.68% |
| Annual Growth Rate | 6.61% |
| 5-Year Change | -0.23% |
| 10-Year Change | N/A |
| Growth Volatility | 12.39 |
Opera Ltd - Net Assets Trend (2016–2025)
This chart illustrates how Opera Ltd's net assets have evolved over time, based on quarterly financial data. See OPRA defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Opera Ltd (2016–2025)
The table below shows the annual net assets of Opera Ltd from 2016 to 2025. For live valuation and market cap data, see Opera Ltd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $1.01 Billion | +7.51% |
| 2024-12-31 | $940.10 Million | +2.20% |
| 2023-12-31 | $919.85 Million | +3.56% |
| 2022-12-31 | $888.21 Million | -12.32% |
| 2021-12-31 | $1.01 Billion | -3.42% |
| 2020-12-31 | $1.05 Billion | +14.99% |
| 2019-12-31 | $912.20 Million | +17.63% |
| 2018-12-31 | $775.46 Million | +32.90% |
| 2017-12-31 | $583.50 Million | +2.69% |
| 2016-12-31 | $568.20 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Opera Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 68244595500.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $674.74 Million | 66.76% |
| Common Stock | $18.00K | 0.00% |
| Other Comprehensive Income | $-1.27 Million | -0.13% |
| Other Components | $337.23 Million | 33.37% |
| Total Equity | $1.01 Billion | 100.00% |
Opera Ltd Competitors by Market Cap
The table below lists competitors of Opera Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TriCo Bancshares
NASDAQ:TCBK
|
$1.64 Billion |
|
Westone Information Industry Inc
SHE:002268
|
$1.64 Billion |
|
Sobha Limited
NSE:SOBHA
|
$1.64 Billion |
|
Expro Group Holdings NV
NYSE:XPRO
|
$1.64 Billion |
|
Israel Canada
TA:ISCN
|
$1.63 Billion |
|
BlackRock Capital Allocation Trust
NYSE:BCAT
|
$1.63 Billion |
|
ORG Packaging Co Ltd
SHE:002701
|
$1.63 Billion |
|
North Chemical Industries Co Ltd
SHE:002246
|
$1.63 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Opera Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 940,100,000 to 1,010,726,419, a change of 70,626,419 (7.5%).
- Net income of 108,617,690 contributed positively to equity growth.
- Dividend payments of 71,387,628 reduced retained earnings.
- Other comprehensive income increased equity by 3,669,987.
- Other factors increased equity by 29,726,370.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $108.62 Million | +10.75% |
| Dividends Paid | $71.39 Million | -7.06% |
| Other Comprehensive Income | $3.67 Million | +0.36% |
| Other Changes | $29.73 Million | +2.94% |
| Total Change | $- | 7.51% |
Book Value vs Market Value Analysis
This analysis compares Opera Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.69x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 3.63x to 1.69x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | $5.18 | $18.79 | x |
| 2017-12-31 | $5.32 | $18.79 | x |
| 2018-12-31 | $7.43 | $18.79 | x |
| 2019-12-31 | $8.11 | $18.79 | x |
| 2020-12-31 | $8.84 | $18.79 | x |
| 2021-12-31 | $8.80 | $18.79 | x |
| 2022-12-31 | $8.05 | $18.79 | x |
| 2023-12-31 | $10.12 | $18.79 | x |
| 2024-12-31 | $10.48 | $18.79 | x |
| 2025-12-31 | $11.11 | $18.79 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Opera Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.75%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.61%
- • Asset Turnover: 0.54x
- • Equity Multiplier: 1.13x
- Recent ROE (10.75%) is above the historical average (5.96%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -2.78% | -14.74% | 0.17x | 1.13x | $-72.63 Million |
| 2017 | 1.04% | 4.70% | 0.20x | 1.09x | $-52.29 Million |
| 2018 | 4.53% | 20.41% | 0.21x | 1.06x | $-42.39 Million |
| 2019 | 6.35% | 32.70% | 0.17x | 1.16x | $-33.32 Million |
| 2020 | 17.08% | 108.55% | 0.15x | 1.06x | $74.28 Million |
| 2021 | -4.34% | -17.52% | 0.23x | 1.08x | $-145.27 Million |
| 2022 | 1.69% | 4.54% | 0.34x | 1.09x | $-73.79 Million |
| 2023 | 16.67% | 38.63% | 0.39x | 1.10x | $61.32 Million |
| 2024 | 8.59% | 16.80% | 0.46x | 1.12x | $-13.24 Million |
| 2025 | 10.75% | 17.61% | 0.54x | 1.13x | $7.55 Million |
Industry Comparison
This section compares Opera Ltd's net assets metrics with peer companies in the Internet Content & Information industry.
Industry Context
- Industry: Internet Content & Information
- Average net assets among peers: $2,562,519,698
- Average return on equity (ROE) among peers: -20.97%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Opera Ltd (OPRA) | $988.98 Million | -2.78% | 0.15x | $1.63 Billion |
| Calibre (ALWIN) | $14.84 Million | -32.00% | 2.03x | $8.50 Million |
| ANGI Homeservices Inc (ANGI) | $-36.27 Million | 0.00% | 0.00x | $206.28 Million |
| Arena Group Holdings Inc (AREN) | $-5.91 Million | 0.00% | 0.00x | $72.36 Million |
| Autohome Inc (ATHM) | $2.33 Billion | 9.15% | 0.02x | $2.12 Billion |
| Baidu Inc (BIDU) | $16.33 Billion | 40.66% | 0.43x | $31.05 Billion |
| Bilibili Inc (BILI) | $7.78 Billion | -38.70% | 2.07x | $5.79 Billion |
| Bumble Inc (BMBL) | $1.35 Billion | -41.29% | 0.87x | $386.08 Million |
| The Beachbody Company, Inc. (BODI) | $82.76 Million | -184.44% | 2.35x | $37.46 Million |
| The Beachbody Company, Inc. (BODI) | $87.40 Million | 36.95% | 2.33x | $48.17 Million |
| Kanzhun Ltd ADR (BZ) | $-2.30 Billion | 0.00% | 0.00x | $5.37 Billion |
About Opera Ltd
Opera Limited, together with its subsidiaries, provides mobile and PC web browsers and related products and services in Ireland, Singapore, the United States, and internationally. The company offers specialized browsers, including Opera One browser, Opera AI, Opera GX; Opera Neon, a subscription-based agentic AI browser designed for productivity-oriented users; and offers Web3 and e-commerce serv… Read more