Opus Group AB (publ) operates in the vehicle inspection and intelligent vehicle support markets.
High growth potential and slightly overvalued.
Share Price & News
How has Opus Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: OP8's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: OP8 exceeded the German Electronic industry which returned -23.9% over the past year.
Return vs Market: OP8 exceeded the German Market which returned -14.1% over the past year.
Price Volatility Vs. Market
How volatile is Opus Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Opus Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: OP8 (€0.6) is trading below our estimate of fair value (€0.76)
Significantly Below Fair Value: OP8 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: OP8 is poor value based on its PE Ratio (890.7x) compared to the Electronic industry average (16.9x).
PE vs Market: OP8 is poor value based on its PE Ratio (890.7x) compared to the German market (16.6x).
Price to Earnings Growth Ratio
PEG Ratio: OP8 is poor value based on its PEG Ratio (16x)
Price to Book Ratio
PB vs Industry: OP8 is overvalued based on its PB Ratio (1.9x) compared to the DE Electronic industry average (1.2x).
How is Opus Group forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: OP8's forecast earnings growth (55.6% per year) is above the savings rate (-0.4%).
Earnings vs Market: OP8's earnings (55.6% per year) are forecast to grow faster than the German market (14.7% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: OP8's revenue (5.2% per year) is forecast to grow faster than the German market (4% per year).
High Growth Revenue: OP8's revenue (5.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: OP8's Return on Equity is forecast to be high in 3 years time (20.5%)
How has Opus Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: OP8 has a large one-off loss of SEK37.0M impacting its December 31 2019 financial results.
Growing Profit Margin: OP8's current net profit margins (0.08%) are lower than last year (1%).
Past Earnings Growth Analysis
Earnings Trend: OP8's earnings have declined by -31.1% per year over the past 5 years.
Accelerating Growth: OP8's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: OP8 had negative earnings growth (-91.5%) over the past year, making it difficult to compare to the Electronic industry average (-7.4%).
Return on Equity
High ROE: OP8's Return on Equity (-3.9%) is considered low.
How is Opus Group's financial position?
Financial Position Analysis
Short Term Liabilities: OP8's short term assets (SEK856.6M) exceed its short term liabilities (SEK717.1M).
Long Term Liabilities: OP8's short term assets (SEK856.6M) do not cover its long term liabilities (SEK2.5B).
Debt to Equity History and Analysis
Debt Level: OP8's debt to equity ratio (215.7%) is considered high.
Reducing Debt: OP8's debt to equity ratio has increased from 165.9% to 215.7% over the past 5 years.
Debt Coverage: OP8's debt is well covered by operating cash flow (21.3%).
Interest Coverage: OP8's interest payments on its debt are not well covered by EBIT (2.1x coverage).
Inventory Level: OP8 has a high level of physical assets or inventory.
Debt Coverage by Assets: OP8's debt is not covered by short term assets (assets are 0.4x debt).
What is Opus Group's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: OP8's dividend (0.75%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.66%).
High Dividend: OP8's dividend (0.75%) is low compared to the top 25% of dividend payers in the German market (4.86%).
Stability and Growth of Payments
Stable Dividend: OP8 is not paying a notable dividend for the German market, therefore no need to check if payments are stable.
Growing Dividend: OP8 is not paying a notable dividend for the German market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: OP8 is not paying a notable dividend for the German market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of OP8's dividend in 3 years as they are not forecast to pay a notable one for the German market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Lothar Geilen (58yo)
Mr. Lothar Geilen has been the Chief Executive Officer of Opus Group AB (publ) since April 1, 2017 and serves as its President since April 10, 2017. Mr. Geilen has been the Chief Executive Officer of Envir ...
CEO Compensation Analysis
Compensation vs Market: Lothar's total compensation ($USD375.64K) is below average for companies of similar size in the German market ($USD760.78K).
Compensation vs Earnings: Lothar's compensation has been consistent with company performance over the past year.
|CEO, President & Director||2.92yrs||kr3.73m||no data|
|Executive VP & CFO||4.17yrs||kr2.78m||0.049% SEK86.6k|
|Co-Founder & VP of Strategic Business Development||no data||kr3.32m||0.024% SEK42.6k|
|Chief Technology Officer||8.17yrs||no data||no data|
|Director of Corporate Communications||2.58yrs||no data||0.013% SEK22.6k|
|Director of Sales and Area Sales Manager of Benelux||no data||no data||no data|
|Global Director of Human Resources||1yr||no data||no data|
|Head of Administration - Opus Inspection||no data||no data||no data|
|President of Vehicle Inspection Europe||2.92yrs||no data||0.034% SEK60.6k|
|President of Vehicle Inspection Latin America||2.92yrs||no data||0.0056% SEK9.9k|
Experienced Management: OP8's management team is considered experienced (2.9 years average tenure).
|CEO, President & Director||2.92yrs||kr3.73m||no data|
|Independent Director||3.83yrs||kr226.00k||no data|
|Chairman of the Board||0.083yr||no data||no data|
|Director||0.083yr||no data||no data|
|Director||0.083yr||no data||no data|
Experienced Board: OP8's board of directors are not considered experienced ( 0.1 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: OP8 insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Opus Group AB (publ)'s company bio, employee growth, exchange listings and data sources
- Name: Opus Group AB (publ)
- Ticker: OP8
- Exchange: DB
- Founded: 1974
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Market Cap: kr1.945b
- Listing Market Cap: kr176.483m
- Shares outstanding: 290.32m
- Website: https://www.opus.global
Number of Employees
- Opus Group AB (publ)
- Basargatan 10
- 411 10
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|OPUS||OM (OMX Nordic Exchange Stockholm)||Yes||Common Shares||SE||SEK||Apr 2006|
|OPPX.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Apr 2006|
|0QFH||LSE (London Stock Exchange)||Yes||Common Shares||GB||SEK||Apr 2006|
|OP8||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Apr 2006|
|OPUSs||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Common Shares||GB||SEK||Apr 2006|
Opus Group AB (publ) operates in the vehicle inspection and intelligent vehicle support markets. It designs and builds vehicle inspection programs; designs, builds, and operates emission testing programs; designs, develops, manufactures, and sells emission testing equipment under the ESP brand; and offers remote sensing technology that measures vehicle emissions. The company also provides vehicle diagnostics tools, which allows technicians to identify faults after a breakdown or accident; diagnostic and reprogramming tools for automotive service shops; touchless tire tracking system that checks a vehicle’s alignment status; diagnostic tools and remote technical assistance for automotive service shops; and remote assistance to automotive service technicians. It serves automotive service shops, vehicle owners, and governments Sweden and rest of Europe, the United States, Asia, Latin America, and internationally. The company was founded in 1974 and is headquartered in Gothenburg, Sweden. As of February 14, 2020, Opus Group AB (publ) operates as a subsidiary of SCP III EPC UK Limited.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/29 23:56|
|End of Day Share Price||2020/03/27 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.