Risk factor
Weak & very vulnerable to price shocks
Profitability factor
Undervalued vs peers
About
OPUS GLOBAL Nyrt., based in Budapest, Hungary, is a diversified conglomerate primarily focusing on the construction sector through its various subsidiaries. Its extensive operations are strategically organized across five key divisions: Industrial Production, Agriculture and Food Industry, Tourism, Energy, and Asset Management. Within its construction portfolio, the company undertakes projects such as road development, public utility infrastructure, and hydraulic structures. It also specializes in the building, maintenance, planning, and licensing of protective and telecommunication systems, in addition to railway and subway infrastructure. Broadening its industrial reach, OPUS GLOBAL is involved in vehicle rental services, real estate transactions (both buying and selling), and the manufacturing of fireplaces, stoves, various electrical devices, and non-electric household appliances. In the agricultural and food industry segment, its activities encompass diverse farming operations, the production of starches and starch-based goods, and the wholesale distribution of agricultural commodities including grain, raw tobacco, seeds, and animal feed. The energy division provides essential steam and air-conditioning services. Furthermore, it plays a significant role in utility provision, supplying electricity to approximately 772,000 households and businesses across 400 municipalities, and distributing natural gas through an extensive pipeline network spanning roughly 34,000 kilometers. OPUS GLOBAL's tourism arm offers a comprehensive range of services, including domestic and rural wellness experiences, event tourism, and various accommodation options such as hotels and campsites. Notably, it manages 17 hotels and two spas under the HUNGUEST brand, collectively boasting around 3,113 rooms. Finally, the Asset Management division is responsible for property leasing and operations, alongside offering specialized engineering and technical consulting services, as well as data processing and web-hosting solutions. Founded in 1912, the company adopted its current name in September 2017, having previously operated as OPIMUS GROUP Nyrt.
Company Valuation
Considering past and projected metrics, the stock is 'cheaper' than its peers. In particular, the stock is underpriced on P/E, 'cheap' on EV/EBITDA, undervalued on P/FCF.