WallStSmart

Opera Ltd (OPRA)vsSpotify Technology SA (SPOT)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Spotify Technology SA generates 2605% more annual revenue ($17.53B vs $647.94M). OPRA leads profitability with a 17.7% profit margin vs 15.4%. OPRA trades at a lower P/E of 15.0x. SPOT earns a higher WallStSmart Score of 64/100 (C+).

OPRA

Buy

61

out of 100

Grade: C+

Growth: 9.3Profit: 7.0Value: 6.0Quality: 8.0
Piotroski: 4/9Altman Z: 6.47

SPOT

Buy

64

out of 100

Grade: C+

Growth: 8.0Profit: 8.5Value: 3.3Quality: 8.0
Piotroski: 4/9Altman Z: 2.66
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

Intrinsic value data unavailable for OPRA.

SPOTSignificantly Overvalued (-64.9%)

Margin of Safety

-64.9%

Fair Value

$295.49

Current Price

$462.29

$166.80 premium

UndervaluedFair: $295.49Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

OPRA6 strengths · Avg: 8.7/10
Debt/EquityHealth
0.0110/10

Conservative balance sheet, low leverage

Altman Z-ScoreHealth
6.4710/10

Safe zone — low bankruptcy risk

P/E RatioValuation
15.0x8/10

Attractively priced relative to earnings

Price/BookValuation
1.8x8/10

Reasonable price relative to book value

Revenue GrowthGrowth
23.2%8/10

Revenue surging 23.2% year-over-year

EPS GrowthGrowth
35.0%8/10

Earnings expanding 35.0% YoY

SPOT4 strengths · Avg: 9.8/10
Return on EquityProfitability
33.8%10/10

Every $100 of equity generates 34 in profit

EPS GrowthGrowth
222.4%10/10

Earnings expanding 222.4% YoY

Debt/EquityHealth
0.0610/10

Conservative balance sheet, low leverage

Market CapQuality
$93.66B9/10

Large-cap with strong market position

Areas to Watch

OPRA1 concerns · Avg: 3.0/10
Market CapQuality
$1.69B3/10

Smaller company, higher risk/reward

SPOT3 concerns · Avg: 4.0/10
PEG RatioValuation
1.554/10

Expensive relative to growth rate

P/E RatioValuation
30.8x4/10

Premium valuation, high expectations priced in

Price/BookValuation
9.7x4/10

Trading at 9.7x book value

Comparative Analysis Report

WallStSmart Research

Bull Case : OPRA

The strongest argument for OPRA centers on Debt/Equity, Altman Z-Score, P/E Ratio. Profitability is solid with margins at 17.7% and operating margin at 17.3%. Revenue growth of 23.2% demonstrates continued momentum.

Bull Case : SPOT

The strongest argument for SPOT centers on Return on Equity, EPS Growth, Debt/Equity. Profitability is solid with margins at 15.4% and operating margin at 15.8%.

Bear Case : OPRA

The primary concerns for OPRA are Market Cap.

Bear Case : SPOT

The primary concerns for SPOT are PEG Ratio, P/E Ratio, Price/Book.

Key Dynamics to Monitor

OPRA profiles as a growth stock while SPOT is a mature play — different risk/reward profiles.

SPOT carries more volatility with a beta of 1.55 — expect wider price swings.

OPRA is growing revenue faster at 23.2% — sustainability is the question.

SPOT generates stronger free cash flow (845M), providing more financial flexibility.

Bottom Line

SPOT scores higher overall (64/100 vs 61/100), backed by strong 15.4% margins. Both earn "Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Opera Ltd

COMMUNICATION SERVICES · INTERNET CONTENT & INFORMATION · USA

Opera Limited, provides web browsers for mobile and PC.

Spotify Technology SA

COMMUNICATION SERVICES · INTERNET CONTENT & INFORMATION · USA

Spotify Technology SA, provides audio streaming services worldwide. The company is headquartered in Luxembourg, Luxembourg.

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