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.
7 Day Return
US Capital Markets
1 Year Return
US Capital Markets
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.
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
Is Opes Acquisition undervalued compared to its fair value and its price relative to the market?
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).
How is Opes Acquisition forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
- Take a look at our analysis of OPES’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Explore growth companies in the Diversified Financials industry.
How has Opes Acquisition performed over the past 5 years?
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.
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.
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
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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
David Brain (64yo)
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, ...
|CEO & Director||0.083yr||no data||no data|
|Independent Director||2.33yrs||no data||no data|
|Director||0.083yr||no data||no data|
|Independent Director||0.58yr||no data||no data|
|Director||0.083yr||no data||no data|
Experienced Board: OPES'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: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 6.1%.
Opes Acquisition Corp.'s company bio, employee growth, exchange listings and data sources
- 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
- Opes Acquisition Corp.
- Park Plaza Torre I
- Javier Barros Sierra 540, Of. 103
- Mexico City
- Distrito Federal
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|OPES.U||NasdaqCM (Nasdaq Capital Market)||Units||US||USD||Mar 2018|
|OPES||NasdaqCM (Nasdaq Capital Market)||Yes||Common Stock||US||USD||Mar 2018|
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
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/30 06:37|
|End of Day Share Price||2020/05/28 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.