Opera Ltd (OPRA) - Net Assets
Based on the latest financial reports, Opera Ltd (OPRA) has net assets worth $947.64 Million USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.06 Billion) and total liabilities ($112.15 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 OPRA asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $947.64 Million |
| % of Total Assets | 89.42% |
| Annual Growth Rate | 6.5% |
| 5-Year Change | -10.38% |
| 10-Year Change | N/A |
| Growth Volatility | 13.14 |
Opera Ltd - Net Assets Trend (2016–2024)
This chart illustrates how Opera Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Opera Ltd balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Opera Ltd (2016–2024)
The table below shows the annual net assets of Opera Ltd from 2016 to 2024. For live valuation and market cap data, see Opera Ltd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 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 54432700000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $536.62 Million | 57.08% |
| Common Stock | $18.00K | 0.00% |
| Other Comprehensive Income | $-4.94 Million | -0.53% |
| Other Components | $408.40 Million | 43.44% |
| Total Equity | $940.10 Million | 100.00% |
Opera Ltd Competitors by Market Cap
The table below lists competitors of Opera Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Usinas Siderúrgicas de Minas Gerais S.A
SA:USIM3
|
$1.11 Billion |
|
Zhongzhong Science & Technology (Tianjin) Co. Ltd. A
SHG:603135
|
$1.11 Billion |
|
Shanghai Hugong Elec(Group)
SHG:603131
|
$1.11 Billion |
|
Safety Insurance Group Inc
NASDAQ:SAFT
|
$1.11 Billion |
|
Wuxi Online Offline Communication Information Technology Co. Ltd.
SHE:300959
|
$1.11 Billion |
|
immatics biotechnologies GmbH
F:4A3
|
$1.11 Billion |
|
Preferred Bank
NASDAQ:PFBC
|
$1.11 Billion |
|
Sichuan Xunyou Network Technology Co Ltd
SHE:300467
|
$1.11 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 2023 to 2024, total equity changed from 919,850,000 to 940,100,000, a change of 20,250,000 (2.2%).
- Net income of 80,771,000 contributed positively to equity growth.
- Dividend payments of 37,435,000 reduced retained earnings.
- Other comprehensive income decreased equity by 811,000.
- Other factors decreased equity by 22,275,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $80.77 Million | +8.59% |
| Dividends Paid | $37.44 Million | -3.98% |
| Other Comprehensive Income | $-811.00K | -0.09% |
| Other Changes | $-22.27 Million | -2.37% |
| Total Change | $- | 2.20% |
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: 1.77x
- 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 3.58x to 1.77x 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 | $18.53 | x |
| 2017-12-31 | $5.32 | $18.53 | x |
| 2018-12-31 | $7.43 | $18.53 | x |
| 2019-12-31 | $8.11 | $18.53 | x |
| 2020-12-31 | $8.84 | $18.53 | x |
| 2021-12-31 | $8.80 | $18.53 | x |
| 2022-12-31 | $8.05 | $18.53 | x |
| 2023-12-31 | $10.12 | $18.53 | x |
| 2024-12-31 | $10.48 | $18.53 | 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): 8.59%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.80%
- • Asset Turnover: 0.46x
- • Equity Multiplier: 1.12x
- Recent ROE (8.59%) is above the historical average (5.43%), 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 |
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: $4,720,440,688
- Average return on equity (ROE) among peers: -6.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Opera Ltd (OPRA) | $947.64 Million | -2.78% | 0.12x | $1.11 Billion |
| Calibre (ALWIN) | $9.89 Million | -68.49% | 2.74x | $11.23 Million |
| ANGI Homeservices Inc (ANGI) | $-22.17 Million | 0.00% | 0.00x | $306.40 Million |
| Arena Group Holdings Inc (AREN) | $-52.15 Million | 0.00% | 0.00x | $123.41 Million |
| Autohome Inc (ATHM) | $7.12 Billion | 13.92% | 0.06x | $2.20 Billion |
| Baidu Inc (BIDU) | $8.41 Billion | 41.94% | 0.31x | $35.02 Billion |
| Bilibili Inc (BILI) | $15.24 Billion | -49.26% | 1.74x | $7.20 Billion |
| Bumble Inc (BMBL) | $1.35 Billion | -41.29% | 0.87x | $540.03 Million |
| The Beachbody Company, Inc. (BODI) | $87.40 Million | 36.95% | 2.33x | $62.80 Million |
| Kanzhun Ltd ADR (BZ) | $14.96 Billion | 10.59% | 0.29x | $5.37 Billion |
| BuzzFeed Inc (BZFD) | $106.94 Million | -9.44% | 1.07x | $28.12 Million |
About Opera Ltd
Opera Limited, together with its subsidiaries, provides mobile and PC web browsers and related products and services in Norway and internationally. The company offers mobile browser products, such as Opera Mini, Opera browser for Android and iOS, and Opera GX for PCs and Mobile; PC browsers, including Opera for Computers and Opera GX; Apex Football; Opera VPN Pro; and Opera News, an AI-powered pe… Read more