NasdaqCM:OPES

Stock Analysis Report

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Executive Summary

Opes Acquisition Corp. does not have significant operations.


Snowflake Analysis

Overvalued with weak fundamentals.

Share Price & News

How has Opes Acquisition's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: OPES has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-0.6%

OPES

6.2%

US Capital Markets

2.7%

US Market


1 Year Return

3.4%

OPES

7.0%

US Capital Markets

9.1%

US Market

Return vs Industry: OPES underperformed the US Capital Markets industry which returned 7% over the past year.

Return vs Market: OPES underperformed the US Market which returned 9.1% over the past year.


Shareholder returns

OPESIndustryMarket
7 Day-0.6%6.2%2.7%
30 Day-5.0%5.5%4.5%
90 Day0.4%0.2%2.3%
1 Year3.4%3.4%9.3%7.0%11.5%9.1%
3 Yearn/a30.0%22.3%30.6%22.0%
5 Yearn/a51.2%36.7%57.2%39.5%

Price Volatility Vs. Market

How volatile is Opes Acquisition's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Opes Acquisition undervalued compared to its fair value and its price relative to the market?

8.54x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: OPES ($10.59) is trading above our estimate of fair value ($4.16)

Significantly Below Fair Value: OPES is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: OPES is unprofitable, so we can't compare its PE Ratio to the Capital Markets industry average.

PE vs Market: OPES is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate OPES's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: OPES is good value based on its PB Ratio (8.5x) compared to the US Capital Markets industry average (8.6x).


Next Steps

Future Growth

How is Opes Acquisition forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

6.8%

Forecasted Diversified Financials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Opes Acquisition has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Opes Acquisition performed over the past 5 years?

3.7%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: OPES is currently unprofitable.

Growing Profit Margin: OPES is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if OPES's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Unable to compare OPES's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: OPES is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (16.6%).


Return on Equity

High ROE: OPES has a negative Return on Equity (15.31%), as it is currently unprofitable.


Next Steps

Financial Health

How is Opes Acquisition's financial position?


Financial Position Analysis

Short Term Liabilities: OPES's short term assets ($113.4K) do not cover its short term liabilities ($543.0K).

Long Term Liabilities: OPES's short term assets ($113.4K) do not cover its long term liabilities ($43.0M).


Debt to Equity History and Analysis

Debt Level: OPES's debt to equity ratio (45.3%) is considered high.

Reducing Debt: Insufficient data to determine if OPES's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: OPES has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: OPES has less than a year of cash runway if free cash flow continues to reduce at historical rates of 66.2% each year


Next Steps

Dividend

What is Opes Acquisition's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate OPES's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate OPES's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if OPES's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if OPES's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of OPES's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.08yrs

Average board tenure


CEO

David Brain (64yo)

0.083

Tenure

Mr. David M. Brain has been Chief Executive Officer and Director at Opes Acquisition Corp. since April 13, 2020. Mr. Brain has been an Independent Director of American Residential Properties, Inc. (a/k/a,  ...


Board Members

NamePositionTenureCompensationOwnership
David Brain
CEO & Director0.083yrno datano data
Martha L. Byorum
Independent Director2.33yrsno datano data
Paul Rapisarda
Director0.083yrno datano data
Ophir Sternberg
Independent Director0.58yrno datano data
James Anderson
Director0.083yrno datano data

0.08yrs

Average Tenure

64.5yo

Average Age

Experienced Board: OPES's board of directors are not considered experienced ( 0.1 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 6.1%.


Top Shareholders

Company Information

Opes Acquisition Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Opes Acquisition Corp.
  • Ticker: OPES
  • Exchange: NasdaqCM
  • Founded: 2017
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: US$42.708m
  • Shares outstanding: 4.03m
  • Website: https://null

Location

  • Opes Acquisition Corp.
  • Park Plaza Torre I
  • Javier Barros Sierra 540, Of. 103
  • Mexico City
  • Distrito Federal
  • 1210
  • Mexico

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
OPES.UNasdaqCM (Nasdaq Capital Market)UnitsUSUSDMar 2018
OPESNasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDMar 2018

Biography

Opes Acquisition Corp. does not have significant operations. It focuses to enter into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other related business combination with one or more businesses or entities primarily in Mexico. The company was founded in 2017 and is based in Mexico City, Mexico. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/30 06:37
End of Day Share Price2020/05/28 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


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.