Opera (OPRA) ROA %: 8.68% (As of Mar. 2026) — 41% Above Median


OPRA Opera Ltd OPRA
90 GF Score
Price $18.13
GF Value $22.86
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Opera ROA %?

Opera OPRA -0.82% 90 ROA % is 8.68% as of Mar. 2026, which is 41% above its 10-year median of 6.14. GuruFocus rates OPRA with a GF Score™ of 90/100 and a GF Value™ of $22.86 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 568 Interactive Media companies, Opera ranks better than 80.28% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Opera's annualized Net Income for the quarter that ended in Mar. 2026 was $99.1 Mil. Opera's average Total Assets over the quarter that ended in Mar. 2026 was $1,142.1 Mil. Therefore, Opera's annualized ROA % for the quarter that ended in Mar. 2026 was 8.68%.

The historical rank and industry rank for Opera's ROA % or its related term are showing as below:

OPRA' s ROA % Range Over the Past 10 Years
Min: -3.99   Med: 6.14   Max: 16.51
Current: 10.52

During the past 10 years, Opera's highest ROA % was 16.51%. The lowest was -3.99%. And the median was 6.14%.

OPRA's ROA % is ranked better than
80.28% of 568 companies
in the Interactive Media industry
Industry Median: 0.675 vs OPRA: 10.52

Opera  (NAS:OPRA) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=99.144/1142.0995
=(Net Income / Revenue)*(Revenue / Total Assets)
=(99.144 / 703.088)*(703.088 / 1142.0995)
=Net Margin %*Asset Turnover
=14.1 %*0.6156
=8.68 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Opera ROA % Related Terms


Opera ROA % Historical Data

* Premium members only.

The historical data trend for Opera's ROA % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Opera ROA % Chart

Opera Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.99 1.46 15.52 7.82 9.85

Opera Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.97 5.94 6.99 20.23 8.68

OPRA vs WBTN, GENI, WB: ROA % Comparison

For the Internet Content & Information subindustry, Opera's ROA %, along with its competitors' market caps and ROA % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Opera ROA % vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Opera's ROA % distribution charts can be found below:

* The bar in red indicates where Opera's ROA % falls into.


OPRA
90GF Score
Opera Ltd OPRA
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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Opera ROA % Calculation

Opera's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=108.282/( (1055.585+1143.251)/ 2 )
=108.282/1099.418
=9.85 %

Opera's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=99.144/( (1143.251+1140.948)/ 2 )
=99.144/1142.0995
=8.68 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Mar. 2026) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 8.68% mean?
Opera (OPRA) has a ROA % of 8.68% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Opera and its competitors. This is 41% above median its historical median of 6.14. According to the industry distribution chart, Opera ranks #112 out of 568 companies in the Interactive Media industry, placing it in the top 19.7%.
Is Opera's ROA % too high?
Opera's current ROA % of 8.68% is 41% above median its 10-year median of 6.14. The Interactive Media industry median ROA % is 0.68. Opera's value of 8.68% is 1185.9% above this industry median. Based on the distribution chart, Opera ranks #112 out of 568 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, Opera has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Opera's ROA % compare to WBTN and GENI?
According to the Interactive Media industry distribution chart, Opera ranks #112 out of 568 companies for ROA %. This places Opera in the top 20% of its industry — outperforming the majority of peers. The industry median ROA % is 0.68. Opera's value of 8.68% is 1185.9% above this benchmark. While the company's 10-year median is 6.14 vs. the industry median of 0.68, Opera has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for an Interactive Media company?
The median ROA % among Interactive Media companies is 0.68, based on 568 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Opera's current ROA % of 8.68% is 1185.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Opera and its competitors. For the Interactive Media industry, the median ROA % is 0.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Opera's current ROA % is 8.68%, which is 41% above median its own 10-year median of 6.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Opera stock overvalued right now?
Based on GuruFocus' analysis, Opera (OPRA) is currently considered Modestly Undervalued. The stock's GF Value™ is $22.86, compared to a current price of $18.13 — trading 20.7% below its estimated fair value. The current ROA % is 8.68%, which is 41% above median its 10-year median of 6.14 and 1185.9% above the Interactive Media industry median of 0.68. Opera's overall GF Score™ is 90/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Opera (OPRA), the current ROA % is 8.68% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Opera (OPRA) Overvalued in 2026?

Based on GuruFocus' analysis, Opera stock appears to be undervalued. The current stock price of $18.13 is trading 20.7% below its estimated GF Value™ of $22.86. GuruFocus considers Opera to be Modestly Undervalued.

Key valuation signals for OPRA:

  • ROA %: 8.68% (41% above median its 10-year median of 6.14)
  • GF Value™: $22.86 vs. price of $18.13 (20.7% below fair value)
  • GF Score™: 90/100 with 4 warning signs
  • Industry Position: 1185.9% above the Interactive Media median (#112 of 568)

No single metric tells the full story. See the OPRA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Opera Business Description

Other Exchanges 2V8:Germany
Address Vitaminveien 4, Oslo, NOR, 0485
Opera Ltd is a consumer internet software company providing a diversified portfolio of high-performance web browsers and adjacent digital services to engaged user base The company has transitioned from browser developer to multi-faceted platform offering a products and services that include PC and mobile browsers, its Opera Gaming portals and development tools, Opera News content platforms, Opera Ads platform, as well as a number of AI and web3 products and services, such as MiniPay and Opera AI, to a user base.
90GF Score

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ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$18.13
Price
$22.86
GF Value