(OPY) Oppenheimer Holdings - Overview
Sector: Financial Services | Industry: Capital Markets | Exchange: NYSE (USA) | Market Cap: 1.010m USD | Total Return: 49.8% in 12m
Avg Turnover: 7.23M
EPS Trend: 92.1%
Rev. Trend: 97.9%
Warnings
Below Avwap Earnings
Tailwinds
No distinct edge detected
Oppenheimer Holdings Inc. is a global middle-market investment bank and broker-dealer providing wealth management, institutional sales and trading, and investment banking services. Headquartered in New York, the firm operates across the Americas, Europe, the Middle East, and Asia, catering to high-net-worth individuals, corporations, and government entities. Its business model relies on a diversified revenue stream generated from asset management fees, brokerage commissions, and advisory services for capital markets and restructuring.
The investment banking and brokerage sector is highly sensitive to interest rate fluctuations and market volatility, which directly impact transaction volumes and assets under management. As a middle-market specialist, Oppenheimer focuses on providing tailored financial solutions to smaller and mid-sized firms that may be underserved by larger bulge-bracket institutions. Investors looking for deeper fundamental metrics can find additional data on ValueRay.
- Asset management fee growth depends on equity market performance and net inflows
- Investment banking revenue fluctuates with middle-market merger and acquisition deal volume
- Interest rate volatility impacts net interest income from margin lending and cash
- Higher regulatory compliance costs and litigation reserves pressure operating profit margins
- Institutional trading commissions remain sensitive to global equity and fixed income volatility
| Net Income: 97.2m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.02 > 0.02 and ΔFCF/TA 5.46 > 1.0 |
| NWC/Revenue: 32.75% < 20% (prev 94.24%; Δ -61.49% < -1%) |
| CFO/TA 0.02 > 3% & CFO 76.9m > Net Income 97.2m |
| Net Debt (1.54b) to EBITDA (326.4m): 4.71 < 3 |
| Current Ratio: 1.43 > 1.5 & < 3 |
| Outstanding Shares: last quarter (10.6m) vs 12m ago -5.63% < -2% |
| Gross Margin: 66.51% > 18% (prev 0.33%; Δ 6.62k% > 0.5%) |
| Asset Turnover: 46.10% > 50% (prev 40.51%; Δ 5.59% > 0%) |
| Interest Coverage Ratio: 3.36 > 6 (EBITDA TTM 326.4m / Interest Expense TTM 85.9m) |
| A: 0.15 (Total Current Assets 1.87b - Total Current Liabilities 1.31b) / Total Assets 3.87b |
| B: 0.24 (Retained Earnings 924.9m / Total Assets 3.87b) |
| C: 0.08 (EBIT TTM 288.5m / Avg Total Assets 3.72b) |
| D: 0.32 (Book Value of Equity 928.8m / Total Liabilities 2.90b) |
| Altman-Z'' = 2.59 = A |
| DSRI: 0.93 (Receivables 1.84b/1.67b, Revenue 1.72b/1.45b) |
| GMI: 0.49 (GM 66.51% / 32.85%) |
| AQI: 1.07 (AQ_t 0.48 / AQ_t-1 0.45) |
| SGI: 1.19 (Revenue 1.72b / 1.45b) |
| TATA: 0.01 (NI 97.2m - CFO 76.9m) / TA 3.87b) |
| Beneish M = -3.36 (Cap -4..+1) = AA |
As of May 24, 2026, the stock is trading at USD 96.61 with a total of 39,021 shares traded.
Over the past week, the price has changed by -0.53%,
over one month by -18.86%,
over three months by +8.71% and
over the past year by +49.82%.
Oppenheimer Holdings has no consensus analysts rating.
| Analysts Target Price | 37 | -61.7% |
P/E Forward = 10.8108
P/S = 0.6193
P/B = 1.0748
P/EG = 12.0
Revenue TTM = 1.72b USD
EBIT TTM = 288.5m USD
EBITDA TTM = 326.4m USD
Long Term Debt = 620.0m USD (from longTermDebt, last quarter)
Short Term Debt = 1.31b USD (from shortTermDebt, last quarter)
Debt = 1.57b USD (from shortLongTermDebtTotal, last quarter) + Leases 147.5m
Net Debt = 1.54b USD (calculated: Debt 1.57b - CCE 34.6m)
Enterprise Value = 2.55b USD (1.01b + Debt 1.57b - CCE 34.6m)
Interest Coverage Ratio = 3.36 (Ebit TTM 288.5m / Interest Expense TTM 85.9m)
EV/FCF = 34.71x (Enterprise Value 2.55b / FCF TTM 73.4m)
FCF Yield = 2.88% (FCF TTM 73.4m / Enterprise Value 2.55b)
FCF Margin = 4.28% (FCF TTM 73.4m / Revenue TTM 1.72b)
Net Margin = 5.66% (Net Income TTM 97.2m / Revenue TTM 1.72b)
Gross Margin = 66.51% ((Revenue TTM 1.72b - Cost of Revenue TTM 574.5m) / Revenue TTM)
Gross Margin QoQ = 94.35% (prev none%)
Tobins Q-Ratio = 0.66 (Enterprise Value 2.55b / Total Assets 3.87b)
Interest Expense / Debt = 5.47% (Interest Expense 85.9m / Debt 1.57b)
Taxrate = 29.94% (63.2m / 211.2m)
NOPAT = 202.1m (EBIT 288.5m * (1 - 29.94%))
Current Ratio = 1.43 (Total Current Assets 1.87b / Total Current Liabilities 1.31b)
Debt / Equity = 1.65 (Debt 1.57b / totalStockholderEquity, last quarter 952.4m)
Debt / EBITDA = 4.71 (Net Debt 1.54b / EBITDA 326.4m)
Debt / FCF = 20.94 (Net Debt 1.54b / FCF TTM 73.4m)
Total Stockholder Equity = 938.3m (last 4 quarters mean from totalStockholderEquity)
RoA = 2.61% (Net Income 97.2m / Total Assets 3.87b)
RoE = 10.36% (Net Income TTM 97.2m / Total Stockholder Equity 938.3m)
RoCE = 18.52% (EBIT 288.5m / Capital Employed (Equity 938.3m + L.T.Debt 620.0m))
RoIC = 5.23% (NOPAT 202.1m / Invested Capital 3.86b)
WACC = 5.65% (E(1.01b)/V(2.58b) * Re(8.47%) + D(1.57b)/V(2.58b) * Rd(5.47%) * (1-Tc(0.30)))
Discount Rate = 8.47% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 26.97 | Cagr: -2.65%
[DCF] Terminal Value 75.44% ; FCFF base≈73.4m ; Y1≈73.7m ; Y5≈78.0m
[DCF] Fair Price = N/A (negative equity: EV 1.21b - Net Debt 1.54b = -322.6m; debt exceeds intrinsic value)
EPS Correlation: 92.12 | EPS CAGR: 60.80% | SUE: N/A | # QB: 0
Revenue Correlation: 97.93 | Revenue CAGR: 12.78% | SUE: N/A | # QB: 0