OPmobility (OPM) AI Stock Analysis

• Market Cap: €2.14B
• Dividend Yield: 3.86%
• Average Volume (3M): 81.94K
• Price to Earnings (P/E): 12.3
• Beta (1Y): 1.21
• Revenue Growth: -0.29%
• EPS Growth: -1.66%
• Country: FR
• Employees: 29,213
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Auto - Parts
• EPS (TTM): 0.67
• Shares Outstanding: 144,022,160
• 10 Day Avg. Volume: 94,728
• 30 Day Avg. Volume: 81,944
• PEG Ratio: 1.21
• Price to Book (P/B): 1.08
• Price to Sales (P/S): 0.22
• P/FCF Ratio: 5.02
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €15.31
• Price Target Upside: 0.66% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 7
• EPS Forecast (FY): 1.58
• Revenue Forecast (FY): €10.33B

• Rating: 66 Neutral
• Price Target: €16.00 ▲(5.19% Upside)
• Action: Reiterated Date: 02/27/26
• Date: Action: Reiterated 02/27/26

The score is primarily driven by improving financial performance and cash generation, tempered by thin margins and elevated leverage for a cyclical auto-supplier. Technicals are supportive with a clear trend above major moving averages and positive momentum, while valuation is reasonable with a solid dividend yield.

Positive Factors

Free cash flow recovery

A sharp improvement in free cash flow to ~€454M provides durable internal funding for program launches, capex and potential debt reduction. Sustained positive FCF improves financial flexibility across cycles and supports reinvestment into higher‑value modules and electrification projects.

Profitability recovery with stable margins

The company has returned to sustained profitability since 2020 with stable operating margins (EBIT ~4.2%, EBITDA ~9.3%), indicating operational resilience and improved cost control. These margins support ongoing program participation and provide a platform for incremental margin expansion from higher content offerings.

Exposure to electrification and hydrogen end markets

Presence in energy/storage and hydrogen systems aligns the business with secular EV and hydrogen mobility trends. As OEMs electrify lineups, demand for higher-value energy and powertrain components can increase content per vehicle and diversify revenue beyond commodity exterior parts.

Negative Factors

Elevated leverage

Debt-to-equity near 1.2 leaves the capital structure meaningfully debt-funded, reducing flexibility if auto demand softens. Elevated leverage increases interest and refinancing risk and can amplify earnings volatility during cyclical downturns, constraining long-term strategic options.

Thin net margins

A net margin around 1.8% provides limited buffer against raw-material, energy, or pricing pressure. Low margin headroom reduces ability to absorb cost shocks, limits free cash flow scalability from incremental revenue, and makes returns sensitive to small adverse changes in mix or input costs.

Cyclicality and program dependence

Revenue is closely tied to OEM program wins and production schedules, making top-line and cashflow outcomes cyclical and lumpy. Dependence on nominations and model cycles heightens execution risk at new launches and limits predictability of sustained growth absent consistent program wins.

OPmobility Business Overview & Revenue Model

Company Description

OPmobility engages in the manufacture and sale of exterior vehicle lighting systems, batteries, and electrification systems for electric mobility in Europe, North America, China, rest of Asia, South America, the Middle East, and Africa. The company operates through three segments: Exterior Systems, Modules, and Powertrain. Its Exterior Systems segment provides intelligent exterior systems; and automotive lighting systems, headlights, and signal lighting to intelligent, and other lighting products. The company's Powertrain segment offers clean energy systems comprising energy storage and emission reduction systems for various types of gasoline, diesel, hybrid, and plug-in hybrid powertrains; designs and manufactures battery systems, electronics, and power electronics components for electric mobility of trucks, buses, trains, and construction machineries. This segment also designs and manufactures hydrogen solutions, including high-pressure fuel tanks, fuel cell stacks, and integrated systems. Its Modules segment engages in the design, development, and assemble of modules (HBPO). In addition, the company provides intelligent exterior systems, including bumpers, tailgates and spoilers, and body panels; onboard energy storage and emission reduction systems comprising selective catalytic reduction and fuel systems, and filling pipes. Further, it offers modules and personalization products, which include front-end module, active grille shutter, active rollo, and interior and charge lid modules; and lighting solutions, including interior, body shell, and front and signal lighting, as well as projection system and lighting electronics. The company was formerly known as Compagnie Plastic Omnium SE and changed its name to OPmobility in March 2024. OPmobility was founded in 1946 and is headquartered in Levallois-Perret, France. OPmobility is a subsidiary of Burelle SA.

How the Company Makes Money

OPmobility generates revenue through multiple streams, primarily from the sale of electric vehicles, including scooters and bikes, which constitute a significant portion of its income. Additionally, the company earns revenue from its MaaS platform subscriptions, allowing users to access various transportation options seamlessly. Strategic partnerships with municipalities and private entities for smart transportation projects also contribute to revenue, as OPM provides consulting and implementation services. Furthermore, the company capitalizes on data analytics services, offering insights from its mobility platforms to third parties for a fee, thus diversifying its financial sources.

OPmobility Financial Statement Overview

Summary

Post-2020 profitability recovery with 2025 net income of €185M and stable operating margins (EBIT ~4.2%, EBITDA ~9.3%), plus stronger 2025 free cash flow (~€454M). Offsetting this are thin net margins (~1.8%), slightly declining 2025 revenue (~-1.8%), and elevated leverage (debt-to-equity ~1.18) that increases cyclicality risk.

Income Statement

Profitability is positive and improving versus the loss in 2020, with 2025 revenue at €10.2B and net income at €185M. Operating performance is reasonably stable (2025 EBIT margin ~4.2% and EBITDA margin ~9.3%), but overall margins remain thin for the revenue base (2025 net margin ~1.8%). Growth has cooled: revenue was down ~1.8% in 2025 after modest growth in 2024, which limits operating leverage despite the earnings rebound since 2021.

Balance Sheet

Leverage is elevated for a cyclical auto-supplier profile, with 2025 total debt of ~€2.5B versus equity of ~€2.1B (debt-to-equity ~1.18). Equity has grown gradually since 2022, and returns on equity are solidly positive (~8–9% in 2023–2025), showing improved profitability after 2020. However, the balance sheet remains meaningfully debt-funded, which can amplify downside risk if demand weakens or margins compress.

Cash Flow

Cash generation looks healthier than accounting earnings: operating cash flow remains strong and consistent (roughly €709–754M in 2023–2025), and free cash flow improved sharply to ~€454M in 2025 from ~€195M in 2024. That said, free cash flow has been volatile over the cycle (notably weaker in 2022), and cash flow covers only a modest share of total debt (2025 operating cash flow is ~20% of total debt), leaving the capital structure reliant on continued cash discipline.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	10.22B	10.48B	10.31B	8.54B	7.23B
Gross Profit	964.00M	1.14B	1.14B	745.61M	617.74M
EBITDA	952.00M	770.00M	758.00M	734.35M	661.01M
Net Income	185.00M	170.00M	163.12M	167.61M	126.37M
Balance Sheet
Total Assets	7.72B	7.68B	7.55B	7.40B	6.34B
Cash, Cash Equivalents and Short-Term Investments	736.00M	671.00M	637.44M	575.63M	892.64M
Total Debt	2.50B	2.36B	2.29B	2.34B	1.84B
Total Liabilities	5.55B	5.59B	5.57B	5.47B	4.29B
Stockholders Equity	2.12B	2.06B	1.95B	1.89B	1.98B
Cash Flow
Free Cash Flow	454.00M	195.00M	143.36M	66.16M	239.62M
Operating Cash Flow	745.00M	754.00M	709.42M	446.58M	544.92M
Investing Cash Flow	-460.00M	-558.00M	-471.00M	-461.91M	-394.32M
Financing Cash Flow	-201.00M	-169.00M	-149.54M	-301.23M	-85.14M

OPmobility Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 15.21
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FR:OPM, the sentiment is Negative. The current price of 15.21 is below the 20-day moving average (MA) of 16.81, below the 50-day MA of 16.44, and above the 200-day MA of 13.97, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 34.37 is Neutral, neither overbought nor oversold. The STOCH value of 17.34 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FR:OPM.

OPmobility Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ALDEL	68 Neutral	€65.83M	1.86	9.65%	2.13%	-7.45%	―
OPM	66 Neutral	€2.14B	12.33	7.91%	3.86%	-0.29%	-1.66%
AKW	65 Neutral	€189.48M	3.48	2.91%	7.43%	-8.58%	-52.26%
FRVIA	63 Neutral	€2.12B	-10.74	-11.30%	3.79%	-0.90%	-324.34%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
FR	59 Neutral	€2.69B	14.37	3.67%	3.66%	-4.16%	-48.55%
PVL	44 Neutral	€51.47M	-2.44	-8.45%	―	-0.06%	66.40%