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Opus Group

DB:OP8
Snowflake Description

Reasonable growth potential and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
OP8
DB
SEK2B
Market Cap
  1. Home
  2. DE
  3. Tech
Company description

Opus Group AB (publ) provides environmental and safety testing services to vehicles worldwide. The last earnings update was 4 days ago. More info.


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OP8 Share Price and Events
7 Day Returns
-2.6%
DB:OP8
1.6%
DE Electronic
1.8%
DE Market
1 Year Returns
-23.1%
DB:OP8
-0.2%
DE Electronic
-6%
DE Market
OP8 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Opus Group (OP8) -2.6% 6.1% -1.6% -23.1% 1.7% -62.7%
DE Electronic 1.6% 7% 19.8% -0.2% 98.5% 105%
DE Market 1.8% 4.6% 7.4% -6% 10.1% 15.3%
1 Year Return vs Industry and Market
  • OP8 underperformed the Electronic industry which returned -0.2% over the past year.
  • OP8 underperformed the Market in Germany which returned -6% over the past year.
Price Volatility
OP8
Industry
5yr Volatility vs Market
Related Companies

OP8 Value

 Is Opus Group undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Opus Group to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Opus Group.

DB:OP8 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 3 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 11%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:OP8
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Electronic Unlevered Beta Simply Wall St/ S&P Global 1.07
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.067 (1 + (1- 22%) (136.49%))
1.807
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.81
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.807 * 5.96%)
11%

Discounted Cash Flow Calculation for DB:OP8 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Opus Group is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

DB:OP8 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (SEK, Millions) Source Present Value
Discounted (@ 11%)
2019 162.50 Analyst x2 146.40
2020 242.50 Analyst x2 196.84
2021 288.00 Analyst x2 210.61
2022 322.80 Est @ 12.08% 212.68
2023 350.33 Est @ 8.53% 207.95
2024 371.48 Est @ 6.04% 198.66
2025 387.43 Est @ 4.29% 186.67
2026 399.34 Est @ 3.07% 173.34
2027 408.21 Est @ 2.22% 159.64
2028 414.84 Est @ 1.62% 146.16
Present value of next 10 years cash flows SEK1,838.94
DB:OP8 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= SEK414.84 × (1 + 0.23%) ÷ (11% – 0.23%)
SEK3,861.53
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= SEK3,861.53 ÷ (1 + 11%)10
SEK1,360.55
DB:OP8 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= SEK1,838.94 + SEK1,360.55
SEK3,199.49
Equity Value per Share
(SEK)
= Total value / Shares Outstanding
= SEK3,199.49 / 290.32
SEK11.02
DB:OP8 Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:OP8 represents 0.09346x of OM:OPUS
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.09346x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (SEK) x Listing Adjustment Factor
= SEK 11.02 x 0.09346
€1.03
Value per share (EUR) From above. €1.03
Current discount Discount to share price of €0.49
= -1 x (€0.49 - €1.03) / €1.03
52.8%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Opus Group is available for.
Intrinsic value
>50%
Share price is €0.49 vs Future cash flow value of €1.03
Current Discount Checks
For Opus Group to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Opus Group's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Opus Group's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Opus Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Opus Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:OP8 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in SEK SEK0.09
OM:OPUS Share Price ** OM (2019-04-18) in SEK SEK5.2
Germany Electronic Industry PE Ratio Median Figure of 13 Publicly-Listed Electronic Companies 23.37x
Germany Market PE Ratio Median Figure of 424 Publicly-Listed Companies 19.59x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Opus Group.

DB:OP8 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OM:OPUS Share Price ÷ EPS (both in SEK)

= 5.2 ÷ 0.09

58.5x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Opus Group is overvalued based on earnings compared to the DE Electronic industry average.
  • Opus Group is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does Opus Group's expected growth come at a high price?
Raw Data
DB:OP8 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 58.5x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts
44.5%per year
Germany Electronic Industry PEG Ratio Median Figure of 12 Publicly-Listed Electronic Companies 2.1x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.56x

*Line of best fit is calculated by linear regression .

DB:OP8 PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 58.5x ÷ 44.5%

1.31x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Opus Group is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Opus Group's assets?
Raw Data
DB:OP8 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in SEK SEK3.45
OM:OPUS Share Price * OM (2019-04-18) in SEK SEK5.2
Germany Electronic Industry PB Ratio Median Figure of 19 Publicly-Listed Electronic Companies 2.57x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.84x
DB:OP8 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OM:OPUS Share Price ÷ Book Value per Share (both in SEK)

= 5.2 ÷ 3.45

1.51x

* Primary Listing of Opus Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Opus Group is good value based on assets compared to the DE Electronic industry average.
X
Value checks
We assess Opus Group's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Electronic industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Electronic industry average (and greater than 0)? (1 check)
  5. Opus Group has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

OP8 Future Performance

 How is Opus Group expected to perform in the next 1 to 3 years based on estimates from 3 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
44.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Opus Group expected to grow at an attractive rate?
  • Opus Group's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Opus Group's earnings growth is expected to exceed the Germany market average.
  • Opus Group's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:OP8 Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:OP8 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts 44.5%
DB:OP8 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts 6%
Germany Electronic Industry Earnings Growth Rate Market Cap Weighted Average 12.5%
Germany Electronic Industry Revenue Growth Rate Market Cap Weighted Average 7.8%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.6%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:OP8 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
All numbers in SEK Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:OP8 Future Estimates Data
Date (Data in SEK Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 3,119 1
2021-12-31 3,051 503 211 3
2020-12-31 2,876 470 164 3
2019-12-31 2,722 410 120 3
DB:OP8 Past Financials Data
Date (Data in SEK Millions) Revenue Cash Flow Net Income *
2018-12-31 2,497 323 26
2018-09-30 2,337 241 19
2018-06-30 2,160 253 41
2018-03-31 1,984 174 87
2017-12-31 1,858 186 81
2017-09-30 1,792 190 76
2017-06-30 1,754 183 73
2017-03-31 1,731 246 94
2016-12-31 1,697 204 87
2016-09-30 1,678 210 67
2016-06-30 1,645 209 79
2016-03-31 1,644 180 27

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Opus Group's earnings are expected to grow significantly at over 20% yearly.
  • Opus Group's revenue is expected to grow by 6% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:OP8 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below

All data from Opus Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:OP8 Future Estimates Data
Date (Data in SEK Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31
2021-12-31 0.72 0.77 0.68 3.00
2020-12-31 0.56 0.67 0.49 3.00
2019-12-31 0.41 0.54 0.31 3.00
DB:OP8 Past Financials Data
Date (Data in SEK Millions) EPS *
2018-12-31 0.09
2018-09-30 0.07
2018-06-30 0.14
2018-03-31 0.30
2017-12-31 0.28
2017-09-30 0.26
2017-06-30 0.25
2017-03-31 0.33
2016-12-31 0.30
2016-09-30 0.23
2016-06-30 0.27
2016-03-31 0.09

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Opus Group is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Opus Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Opus Group has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

OP8 Past Performance

  How has Opus Group performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Opus Group's growth in the last year to its industry (Electronic).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Opus Group's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Opus Group's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Opus Group's 1-year earnings growth is negative, it can't be compared to the DE Electronic industry average.
Earnings and Revenue History
Opus Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Opus Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:OP8 Past Revenue, Cash Flow and Net Income Data
Date (Data in SEK Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 2,497.33 25.81 1,795.07
2018-09-30 2,336.79 19.30 1,405.13
2018-06-30 2,160.10 41.11 1,405.13
2018-03-31 1,984.03 86.54 1,405.13
2017-12-31 1,857.51 81.16 1,405.13
2017-09-30 1,791.77 76.49 1,242.40
2017-06-30 1,753.55 73.28 1,242.40
2017-03-31 1,730.69 94.11 1,242.40
2016-12-31 1,697.15 87.05 1,242.40
2016-09-30 1,678.28 67.07 1,232.08
2016-06-30 1,644.64 78.97 1,232.08
2016-03-31 1,644.47 26.99 1,232.08
2015-12-31 1,650.16 66.45 1,232.08
2015-09-30 1,638.94 94.49 1,064.08
2015-06-30 1,614.53 116.45 1,064.08
2015-03-31 1,566.73 167.05 1,064.08
2014-12-31 1,463.27 142.15 1,064.08
2014-09-30 1,372.91 120.62 685.47
2014-06-30 1,266.02 99.54 685.47
2014-03-31 1,118.00 71.75 685.47
2013-12-31 1,048.04 61.30 685.47
2013-09-30 914.83 45.80 297.94
2013-06-30 763.82 21.82 297.94
2013-03-31 607.80 7.00 297.94
2012-12-31 468.99 -2.26 297.94
2012-09-30 354.12 -1.94 107.42
2012-06-30 299.60 -1.69 107.42

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Opus Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • Opus Group used its assets less efficiently than the DE Electronic industry average last year based on Return on Assets.
  • Opus Group has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Opus Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Electronic industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Opus Group has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

OP8 Health

 How is Opus Group's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Opus Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Opus Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Opus Group's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Opus Group's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Opus Group Company Filings, last reported 3 months ago.

DB:OP8 Past Debt and Equity Data
Date (Data in SEK Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 987.07 2,060.53 384.16
2018-09-30 970.87 1,963.08 328.09
2018-06-30 1,029.66 1,974.54 342.02
2018-03-31 985.44 1,911.31 443.79
2017-12-31 946.69 1,611.90 642.80
2017-09-30 888.79 1,393.83 454.96
2017-06-30 936.34 1,402.73 518.79
2017-03-31 1,020.00 1,192.12 468.88
2016-12-31 1,041.75 1,189.58 507.30
2016-09-30 968.19 1,191.56 511.93
2016-06-30 928.88 1,190.97 484.57
2016-03-31 870.70 916.53 194.83
2015-12-31 890.66 960.27 256.21
2015-09-30 890.67 984.99 295.55
2015-06-30 855.34 996.77 232.85
2015-03-31 894.34 1,085.56 305.94
2014-12-31 638.63 1,063.92 382.30
2014-09-30 589.51 803.90 125.75
2014-06-30 524.07 794.62 112.60
2014-03-31 482.62 813.40 149.90
2013-12-31 465.63 535.84 452.92
2013-09-30 310.47 165.97 105.29
2013-06-30 291.46 350.67 61.37
2013-03-31 268.01 371.31 59.27
2012-12-31 262.14 414.23 96.96
2012-09-30 271.44 93.25 19.66
2012-06-30 240.89 105.57 21.21
  • Opus Group's level of debt (208.8%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (115.7% vs 208.8% today).
  • Debt is not well covered by operating cash flow (15.7%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 2.4x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Opus Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Opus Group has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

OP8 Dividends

 What is Opus Group's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0.96%
Current annual income from Opus Group dividends. Estimated to be 2.97% next year.
If you bought €2,000 of Opus Group shares you are expected to receive €19 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Opus Group's pays a lower dividend yield than the bottom 25% of dividend payers in Germany (1.43%).
  • Opus Group's dividend is below the markets top 25% of dividend payers in Germany (3.71%).
Upcoming dividend payment

Purchase Opus Group before the 'Buy Limit' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:OP8 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
Germany Electronic Industry Average Dividend Yield Market Cap Weighted Average of 9 Stocks 1.1%
Germany Market Average Dividend Yield Market Cap Weighted Average of 327 Stocks 3%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:OP8 Future Dividends Estimate Data
Date (Data in SEK) Dividend per Share (annual) Avg. No. Analysts
2022-12-31
2021-12-31 0.21 3.00
2020-12-31 0.15 3.00
2019-12-31 0.11 3.00
DB:OP8 Past Annualized Dividends Data
Date (Data in SEK) Dividend per share (annual) Avg. Yield (%)
2019-04-17 0.050 0.964
2018-04-18 0.050 0.844
2017-05-16 0.120 1.826
2016-04-19 0.100 1.603
2015-04-21 0.090 1.423
2014-04-29 0.060 0.579
2014-02-20 0.060 0.515
2013-05-23 0.020 0.243
2012-04-30 0.020 0.913
2012-02-22 0.020 1.626

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Opus Group has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Dividend payments have increased, but Opus Group only paid a dividend in the past 7 years.
Current Payout to shareholders
What portion of Opus Group's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.8x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (4x coverage).
X
Income/ dividend checks
We assess Opus Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Opus Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Opus Group has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

OP8 Management

 What is the CEO of Opus Group's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Lothar Geilen
COMPENSATION SEK5,114,883
AGE 57
TENURE AS CEO 2 years
CEO Bio

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 Environmental Systems Products Holdings Inc., since December 16, 2011. Mr. Geilen serves as the Chief Executive Officer of Opus US Inc. He serves as a Division Manager of Vehicle Inspection at Opus Group AB. He served as the President of Opus US Inc. until August 2014. He served as Business Area Manager-North America at Opus Group AB (publ) (formerly Opus Prodox AB). Mr. Geilen served as President of Opus Inspection, Inc. since 2000 and its Chief Executive Officer until April 1, 2017. He served as President of Sensors, Inc. (U.S.) from 1997 to 2000 and Managing Director of Sensors Europe (Germany) from 1987 to 1997. He serves as a Director of Nextennis, LLC. He served as a Director of Opus Prodox AB since 2008 until May 16, 2017. He holds a Dipl.-Kfm. at Ludwig-Maximilian University in Munich, Germany.

CEO Compensation
  • Insufficient data for Lothar to compare compensation growth.
  • Lothar's remuneration is about average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Opus Group management team in years:

2
Average Tenure
57
Average Age
  • The tenure for the Opus Group management team is about average.
Management Team

Lothar Geilen

TITLE
CEO & President
COMPENSATION
SEK5M
AGE
57
TENURE
2 yrs

Linus Brandt

TITLE
Executive VP & CFO
COMPENSATION
SEK3M
AGE
52
TENURE
3.3 yrs

Magnus Greko

TITLE
Co-Founder
COMPENSATION
SEK3M
AGE
55

Tom Fournier

TITLE
Chief Technology Officer
AGE
68
TENURE
7.3 yrs

Helene Carlson

TITLE
Director of Corporate Communications & Investor Relations
AGE
40
TENURE
1.7 yrs

Pär Börjesson

TITLE
Director of Sales and Area Sales Manager of Benelux

Olle Lindkvist

TITLE
Global Director of Human Resources
AGE
44
TENURE
0.1 yrs

Jeff Bagley

TITLE
Head of Administration - Opus Inspection
AGE
57

Alfredo Granai

TITLE
President of Vehicle Inspection Latin America
AGE
60
TENURE
2 yrs

Sandra McCulloch

TITLE
President of Vehicle Inspection U.S. & Asia
AGE
58
TENURE
2 yrs
Board of Directors Tenure

Average tenure and age of the Opus Group board of directors in years:

1.9
Average Tenure
55
Average Age
  • The average tenure for the Opus Group board of directors is less than 3 years, this suggests a new board.
Board of Directors

Katarina Bonde

TITLE
Chairman of the Board
COMPENSATION
SEK475K
AGE
60
TENURE
2.9 yrs

Magnus Greko

TITLE
Co-Founder
COMPENSATION
SEK3M
AGE
55
TENURE
1.9 yrs

Håkan Erixon

TITLE
Director
AGE
57
TENURE
0.9 yrs

Friedrich Hecker

TITLE
Director
COMPENSATION
SEK215K
AGE
56
TENURE
2.9 yrs

Anne-Lie Lind

TITLE
Director
COMPENSATION
SEK289K
AGE
47
TENURE
2.9 yrs

Ödgärd Andersson

TITLE
Director
COMPENSATION
SEK177K
AGE
46
TENURE
1.9 yrs

Jimmy Tillotson

TITLE
Director
AGE
39
TENURE
0.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
18. Dec 18 Buy AB Kommandoran Company 18. Dec 18 18. Dec 18 94,348 €0.46 €43,164
12. Dec 18 Buy AB Kommandoran Company 12. Dec 18 12. Dec 18 5,652 €0.48 €2,732
22. Nov 18 Buy AB Kommandoran Company 22. Nov 18 22. Nov 18 18,530 €0.49 €9,141
03. Sep 18 Sell Per Rosén Individual 31. Aug 18 31. Aug 18 -151,725 €0.64 €-97,086
24. Aug 18 Sell Magnus Greko Individual 22. Aug 18 22. Aug 18 -200,000 €0.63 €-125,951
04. Jul 18 Sell Magnus Greko Individual 03. Jul 18 03. Jul 18 -70,000 €0.63 €-44,314
27. Jun 18 Sell Magnus Greko Individual 25. Jun 18 25. Jun 18 -3,000,000 €0.64 €-1,933,607
27. Jun 18 Buy Magnus Greko Individual 25. Jun 18 25. Jun 18 3,000,000 €0.64 €1,933,607
X
Management checks
We assess Opus Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Opus Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

OP8 News

Simply Wall St News

OP8 Company Info

Description

Opus Group AB (publ) provides environmental and safety testing services to vehicles worldwide. It operates in two segments, Vehicle Inspection International and Vehicle Inspection Sweden. The company offers vehicle inspection, exhaust emissions remote sensing, biometric inspector authentication, on-demand video auditing, and wireless remote on board diagnostics testing services under the Opus Inspection, Opus Bilprovning, Envirotest, ETEST, Revistar, and Systech brands. It serves individuals, businesses, and government agencies. The company was founded in 1974 and is headquartered in Mölndal, Sweden.

Details
Name: Opus Group AB (publ)
OP8
Exchange: DB
Founded: 1974
SEK144,399,780
290,318,246
Website: http://www.opus.global
Address: Opus Group AB (publ)
Bäckstensgatan 11D,
Mölndal,
431 49,
Sweden
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OM OPUS Common Shares OMX Nordic Exchange Stockholm SE SEK 18. Apr 2006
OTCPK OPPX.F Common Shares Pink Sheets LLC US USD 18. Apr 2006
DB OP8 Common Shares Deutsche Boerse AG DE EUR 18. Apr 2006
LSE 0QFH Common Shares London Stock Exchange GB SEK 18. Apr 2006
BATS-CHIXE OPUSs Common Shares BATS 'Chi-X Europe' GB SEK 18. Apr 2006
Number of employees
Current staff
Staff numbers
2,569
Opus Group employees.
Industry
Electronic Equipment and Instruments
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/21 21:33
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2019/04/15
Last earnings filing: 2019/04/17
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.