WallStSmart
OPAL

OPAL Fuels Inc

NASDAQ: OPAL · UTILITIES · UTILITIES - REGULATED GAS

$2.03
-2.63% today

Updated 2026-06-03

Market cap
$366.12M
P/E ratio
29.93
P/S ratio
1.09x
EPS (TTM)
$0.07
Dividend yield
52W range
$2 – $3
Volume
0.2M

OPAL Fuels Inc (OPAL) Stock Valuation Analysis

Fair value estimate, historical valuation range, and quality signals for OPAL.

WallStSmart Verdict
Overvalued

Current price exceeds what fundamentals support. Risk/reward skewed unfavorably.

Smart Value Score: 29 / 100
P/E (TTM)
29.9x
vs 5Y median of 16.7x
PEG
Margin of Safety
+44.37%
Fair value $4.26 vs $2.03
EV / EBITDA
11.7x

OPAL historical valuation range

Where current P/E sits in OPAL's own 5Y range.

NOW
6.7x
5Y Low
15.0x
25th
16.7x
Median
32.5x
75th
169.5x
5Y High
OPAL is trading more expensive than 75% of the last 5Y.
75th percentile · Historically expensive

OPAL intrinsic value (DCF)

DCF-based fair value estimate vs current market price.

Current price
$2.03
Market value
Intrinsic value
$4.26
DCF estimate
Margin of safety
+44.37%
+109.9% upside to fair value

Intrinsic value calculated using discounted cash flow (DCF) model based on projected free cash flows, discount rate, and terminal growth assumptions. A positive margin of safety indicates the current price is below estimated fair value, providing a cushion against estimation error.

OPAL valuation signals

Quick-read green flags, caution flags, and risks based on current metrics.

!
P/E in mid-range
P/E sits at the 75th percentile of the 5Y range. Neither cheap nor rich historically.
Strong margin of safety
Current price 44.4% below DCF intrinsic value estimate. Meaningful downside cushion.

P/E Ratio — History

Current: 29.93x

P/S Ratio — History

Current: 1.09x

Is OPAL overvalued in 2026?

OPAL Fuels Inc (OPAL) currently trades at $2.03 per share with a market capitalization of $366,115,000.00. Based on our multi-factor framework, the stock appears richly valued with a Smart Value Score of 29/100. This score blends growth quality, financial health, and price attractiveness into a single institutional-grade read.

The stock trades at a P/E ratio of 29.9x, above its 5-year median of 16.7x.

Looking at its own history, OPAL is currently trading more expensive than 75% of the last 5Y on P/E. This places it in the 75th percentile of its historical range, a reasonable but unremarkable position.

Our discounted cash flow model estimates OPAL's intrinsic value at $4.26 per share, against the current market price of $2.03. This implies a margin of safety of +44.37%. A meaningful cushion exists against model error, making this a reasonable risk-adjusted entry.

The Piotroski F-Score of 4/9 puts financial quality in a middling range, neither a standout strength nor an obvious red flag.

Bottom line: OPAL appears richly valued on our framework, with a Smart Value Score of 29/100. At current levels the risk/reward is skewed against the buyer. A materially lower price or significant operational improvement would be needed to change the picture.

Frequently asked questions

Is OPAL overvalued?

OPAL scores 29/100 on our Smart Value Score (Grade F), a weak overall profile. The DCF also shows a positive margin of safety, so price and fundamentals line up reasonably well.

What is OPAL's fair value?

Our DCF model estimates OPAL's intrinsic value at $4.26 per share, versus the current price of $2.03, a margin of safety of +44.37%. Fair value is the present value of the cash flows we project the business to produce, so a price below it means the market is pricing the stock below that conservative estimate.

What P/E ratio does OPAL trade at?

OPAL trades at a P/E of 29.9x on trailing twelve-month earnings, against a 5-year median of 16.7x. P/E is what you pay per dollar of profit, and sitting above its own median means the stock is pricier than usual relative to its earnings.

Is OPAL a buy based on valuation?

Our Smart Value rating for OPAL is Strong Sell, from a Smart Value Score of 29/100 that blends growth, quality, and valuation. The profile skews cautious, and a better price or clearer operating improvement would strengthen the case. This is research to inform your decision, not personalized financial advice.

How does OPAL's valuation compare to its history?

On P/E, OPAL sits in the 75th percentile of its own 5Y range, historically expensive relative to where it has traded. A high percentile means today's multiple is near the top of its historical band.

What is OPAL's Smart Value Score?

OPAL's Smart Value Score is 29/100. It is a proprietary WallStSmart metric blending growth quality, financial health, and valuation into a single 0-100 read, and scores above 75 are rare, signaling strong multi-factor alignment.