OPAP Holding Societe Anonyme Unsponsored ADR (GOFPY)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
OPAP Holding Societe Anonyme Unsponsored ADR (GOFPY) trades at $8.00 with AI Score 46/100 (Grade C). OPAP Holding SA is a Greek gaming company operating lotteries, sports betting, and VLTs. Market cap: $5.79B, Sector: Consumer cyclical.
Price live · AI analysis from Mar 18, 2026Analyst Coverage for GOFPY: GOFPY does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates GOFPY against Consumer Cyclical peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
GOFPY: the 1 perspectives are evenly split.
How is this calculated? →OPAP Holding Societe Anonyme Unsponsored ADR (GOFPY) Consumer Business Overview
OPAP Holding SA, a leading Greek gaming operator established in 1958, dominates the local market with its diverse portfolio of lottery, sports betting, and VLT games, offering a high dividend yield and demonstrating a strong profit margin within the Consumer Cyclical sector.
What Is the Investment Thesis for GOFPY?
OPAP Holding SA presents a compelling investment case based on its dominant market position in the Greek gaming sector and its attractive dividend yield of 8.95%. The company's high profit margin of 31.1% and gross margin of 60.2% demonstrate efficient operations and strong pricing power. Growth catalysts include the expansion of its online gaming platform and the continued recovery of the Greek economy. However, potential risks include regulatory changes in the gaming industry and increased competition. With a beta of 0.12, the stock exhibits low volatility, making it a relatively stable investment. The company's P/E ratio of 9.9 suggests that it may be undervalued compared to its peers.
Based on FMP financials and quantitative analysis
GOFPY Key Highlights
- Market capitalization of $5.79B, reflecting its significant size and market presence in the Greek gaming industry.
- Profit margin of 31.1%, indicating strong profitability and efficient cost management.
- Gross margin of 60.2%, showcasing its ability to generate substantial revenue from its gaming operations.
- Dividend yield of 8.95%, making it an attractive investment for income-seeking investors.
- Low beta of 0.12, suggesting lower volatility compared to the overall market.
Who Are GOFPY's Competitors?
GOFPY is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| ASEKF Aisin Corporation | $13.01 | -9.27% | $9.43B | 42 |
| GIGNF Genting Singapore Limited | $0.52 | +0.00% | $6.28B | 42 |
| GIGNY Genting Singapore Limited | $20.90 | +0.00% | $5.05B | 44 |
| GMVHF Entain Plc | $7.38 | +1.70% | $4.72B | 48 |
| GMVHY Entain Plc | $7.18 | -0.97% | $4.59B | 48 |
| PDSSF Paradise Entertainment Limited | $0.09 | +0.00% | $96.39M | 63 |
| RSI Rush Street Interactive (RSI) | $31.68 | +1.34% | $7.53B | 62 |
| CDRO Codere Online Luxembourg, S.A. | $9.56 | +1.70% | $434.69M | 59 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are GOFPY's Key Strengths?
- Dominant market position in Greece.
- High profit margin and dividend yield.
- Strong brand recognition.
- Extensive retail network.
What Are GOFPY's Weaknesses?
- Concentration in the Greek market.
- Dependence on regulatory environment.
- Exposure to economic fluctuations in Greece.
- Potential impact of responsible gaming initiatives.
What Could Drive GOFPY Stock Higher?
- Expansion of online gaming platform to capture a larger market share.
- Increased penetration of VLTs through expansion of venue network.
- Potential regulatory changes in the Greek gaming sector that could favor OPAP.
- Continued recovery of the Greek economy, boosting consumer spending on gaming activities.
What Are the Key Risks for GOFPY?
- Financial-distress signal — its Altman Z-Score of 0.33 sits in the distress zone (elevated bankruptcy risk).
- Regulatory changes in the gaming industry that could negatively impact OPAP's operations.
- Increased competition from international gaming operators.
- Economic downturn in Greece, reducing consumer spending on gaming activities.
- Changes in consumer preferences, shifting away from traditional gaming activities.
What Are the Growth Opportunities for GOFPY?
- Expansion of Online Gaming Platform: OPAP has the opportunity to further expand its online gaming platform to capture a larger share of the growing online gambling market. This includes offering a wider range of games, enhancing the user experience, and leveraging digital marketing strategies to attract new customers. The global online gambling market is projected to reach $92.9 billion by 2023, presenting a significant growth opportunity for OPAP.
- Increased Penetration of VLTs: OPAP can increase the penetration of its video lottery terminals (VLTs) by expanding its network of VLT venues and introducing new and innovative VLT games. The VLT market is driven by the increasing demand for electronic gaming machines and the convenience of playing in dedicated venues. This expansion could significantly boost revenue and profitability.
- Development of New Lottery Games: OPAP can develop and launch new lottery games to attract a wider range of players and increase lottery ticket sales. This includes introducing games with innovative features, higher jackpots, and different prize structures. The lottery market remains a significant source of revenue for OPAP, and new games can help to sustain and grow this revenue stream.
- Leveraging Telecommunication & eMoney Services: OPAP can leverage its telecommunication and eMoney services to enhance its customer engagement and create new revenue streams. This includes offering mobile payment options, loyalty programs, and other value-added services. The integration of these services can improve the overall customer experience and drive customer loyalty.
- Expansion into New Markets: While primarily focused on the Greek market, OPAP could explore opportunities to expand into new markets, either through strategic acquisitions or partnerships. This would diversify its revenue base and reduce its reliance on the Greek economy. However, this strategy would require careful consideration of regulatory and competitive factors in the target markets.
What Opportunities Does GOFPY Have?
- Expansion of online gaming platform.
- Increased penetration of VLTs.
- Development of new lottery games.
- Leveraging telecommunication & eMoney services.
What Threats Does GOFPY Face?
- Regulatory changes in the gaming industry.
- Increased competition from international operators.
- Economic downturn in Greece.
- Changes in consumer preferences.
What Are GOFPY's Competitive Advantages?
- Strong brand recognition in Greece.
- Extensive retail network across the country.
- Dominant market share in the Greek gaming sector.
- Long-standing history and established reputation.
What Does GOFPY Do?
OPAP Holding SA, founded in 1958 and headquartered in Athens, Greece, has evolved into the dominant gaming operator in the country. Initially established to manage and operate lotteries, OPAP has expanded its offerings to include sports betting, instant and passive games, and video lottery terminals (VLTs). The company operates through several segments: Lotteries, which includes popular numerical games; Sports Betting, encompassing both fixed-odds and live betting options; Instant & Passives, offering scratch tickets and other quick-win games; VLTs, providing electronic gaming machines in dedicated venues; and Telecommunication & eMoney Services, reflecting its diversification into related sectors. OPAP's strong brand recognition and extensive retail network across Greece have solidified its market leadership. The company's commitment to responsible gaming and its contributions to Greek society further enhance its reputation. OPAP's financial performance is characterized by robust profitability and a high dividend yield, making it an attractive investment for income-seeking investors.
What Products and Services Does GOFPY Offer?
- Operates numerical lottery games.
- Offers sports betting services.
- Provides instant and passive games (scratch tickets).
- Manages video lottery terminals (VLTs).
- Offers telecommunication and eMoney services.
- Provides online gaming platforms.
How Does GOFPY Make Money?
- Generates revenue from the sale of lottery tickets.
- Earns commissions from sports betting activities.
- Receives revenue from VLT gaming operations.
- Collects fees from telecommunication and eMoney services.
What Industry Does GOFPY Operate In?
The gambling, resorts, and casinos industry is characterized by intense competition and evolving regulatory landscapes. OPAP Holding SA operates primarily within the Greek market, where it holds a dominant position. The industry is experiencing growth driven by the increasing popularity of online gaming and sports betting. Key trends include the adoption of mobile gaming platforms and the integration of technology to enhance the customer experience. Competitors include other European gaming operators seeking to expand their presence in the Greek market.
Who Are GOFPY's Key Customers?
- Individuals who participate in lottery games.
- Customers who engage in sports betting.
- Players who use video lottery terminals.
- Users of telecommunication and eMoney services.
FY2026 estForward Outlook
Wall Street analysts project OPAP Holding Societe Anonyme Unsponsored ADR revenue of about $10.38B for fiscal 2026, with EPS near $0.00.
ROE 41%Key Financial Metrics
Return on equity for OPAP Holding Societe Anonyme Unsponsored ADR stands at 41.5%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 2.5%, showing how much profit it generates from its asset base. GOFPY trades at a trailing price-to-earnings ratio of 9.94, below the Consumer Cyclical sector average of ~39x. Its free cash flow yield is 2.9%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.97 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 9.0%, the inverse of the P/E and a quick read on earnings relative to price.
F-Score 5/9Financial Health
OPAP Holding Societe Anonyme Unsponsored ADR's Piotroski F-Score is 5/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 0.33 places it in the distress zone, a signal of elevated financial risk.
GOFPY Valuation & Market Position
With a $5.79B market cap, OPAP Holding Societe Anonyme Unsponsored ADR sits in the mid-cap segment of the market. Relative to its peer group, GOFPY's quantitative score of 46/100 is roughly in line with the peer average of 45/100.
GOFPY Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Recent insider buying activity indicates confidence in OPAP's future performance, suggesting a strong belief in the company's fundamentals.
- Community sentiment has shifted positively, with discussions highlighting OPAP's potential growth in the gaming sector as regulations evolve.
- Analysts have noted OPAP's strategic initiatives to expand its market presence, which could enhance revenue streams in the coming quarters.
- The overall market perception of the gaming industry has improved, with increasing interest from investors in companies like OPAP.
Bear Case
- Concerns over potential regulatory changes in the gaming industry could pose risks to OPAP's operations and profitability.
- Community sentiment shows some skepticism regarding OPAP's ability to maintain competitive advantages in a rapidly changing market.
- Recent bearish views highlight the impact of economic uncertainties that could affect consumer spending on gaming and entertainment.
- Insider selling activity has raised eyebrows, leading to questions about the company's short-term outlook and management's confidence.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
GOFPY Latest News
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Stocks That Hit 52-Week Highs On Tuesday
· Mar 24, 2020
GOFPY Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for GOFPY.
Price Targets
Wall Street price target analysis for GOFPY.
GOFPY MoonshotScore
What does this score mean?
The MoonshotScore rates GOFPY's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Jan Karas
CEO
Jan Karas serves as the CEO of OPAP Holding SA, leading a workforce of 1315 employees. His background includes extensive experience in the gaming and entertainment industries. He has held various leadership positions in multinational companies, demonstrating expertise in strategic planning, operational management, and business development. Karas's experience spans across different geographies and market segments, providing him with a broad perspective on the global gaming landscape. His educational background includes advanced degrees in business administration and finance.
Track Record: Under Jan Karas's leadership, OPAP Holding SA has focused on expanding its online gaming platform and enhancing its retail network. Key achievements include the successful launch of new online games and the implementation of innovative marketing strategies. Karas has also overseen the company's efforts to promote responsible gaming and contribute to Greek society. His strategic decisions have helped to maintain OPAP's dominant market position and drive revenue growth.
OPAP Holding Societe Anonyme Unsponsored ADR ADR Information Unsponsored
An American Depositary Receipt (ADR) is a certificate representing shares of a foreign company trading on U.S. stock exchanges. GOFPY is an unsponsored Level 1 ADR, meaning it trades over-the-counter (OTC) without direct involvement from OPAP. It allows U.S. investors to invest in OPAP without dealing with foreign exchanges.
- Home Market Ticker: Athens Stock Exchange, Greece
- ADR Level: 1
- ADR Ratio: 1:1
- Home Market Ticker: GOFP
GOFPY OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that GOFPY may have limited financial disclosure and regulatory oversight compared to companies listed on major exchanges like the NYSE or NASDAQ. Companies on this tier may not meet the minimum listing requirements of higher-tier exchanges, potentially increasing investment risk. OTC Other stocks often have lower trading volumes and wider bid-ask spreads.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited financial disclosure and regulatory oversight.
- Lower trading volume and liquidity.
- Wider bid-ask spreads.
- Potential for price volatility.
- Increased risk of fraud or manipulation.
- Verify the company's financial statements and audit reports.
- Research the company's management team and their track record.
- Assess the company's business model and competitive landscape.
- Review the company's regulatory filings and compliance history.
- Check for any legal or regulatory issues.
- Monitor trading volume and price movements.
- Consult with a financial advisor.
- Established operating history since 1958.
- Dominant market position in Greece.
- High profit margin and dividend yield.
- Operation of numerical lottery and sports betting games.
- Publicly available information from reputable financial news sources.
OPAP Holding Societe Anonyme Unsponsored ADR Consumer Cyclical Stock: Key Questions Answered
What does OPAP Holding Societe Anonyme Unsponsored ADR do?
OPAP Holding SA is the leading gaming operator in Greece, offering a diverse portfolio of lottery, sports betting, and VLT games. The company operates through multiple segments, including Lotteries, Sports Betting, Instant & Passives, and VLTs. OPAP has a strong brand presence and an extensive retail network across Greece. Its primary revenue streams come from the sale of lottery tickets, commissions from sports betting, and revenue from VLT gaming operations. OPAP also offers telecommunication and eMoney services, further diversifying its business model.
What do analysts say about GOFPY stock?
Analyst coverage of GOFPY is limited due to its OTC listing and focus on the Greek market. However, key valuation metrics such as its P/E ratio of 9.9 and dividend yield of 8.95% suggest that the stock may be undervalued compared to its peers. Growth considerations include the expansion of its online gaming platform and the continued recovery of the Greek economy. Investors should conduct their own due diligence and consider their risk tolerance before investing in GOFPY.
What are the main risks for GOFPY?
The main risks for GOFPY include regulatory changes in the gaming industry, increased competition from international operators, and economic downturns in Greece. Regulatory changes could impact OPAP's operations and profitability. Increased competition could erode its market share. Economic downturns could reduce consumer spending on gaming activities. Additionally, changes in consumer preferences and the potential impact of responsible gaming initiatives could also pose risks to the company's performance.
What are the key factors to evaluate for GOFPY?
OPAP Holding Societe Anonyme Unsponsored ADR (GOFPY) holds an AI score of 46/100 (low). P/E: 9.9x vs the S&P 500's ~20-25x. Not financial advice.
How frequently does GOFPY data refresh on this page?
GOFPY prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven GOFPY's recent stock price performance?
OPAP Holding Societe Anonyme Unsponsored ADR (GOFPY) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Dominant market position in Greece. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider GOFPY overvalued or undervalued right now?
OPAP Holding Societe Anonyme Unsponsored ADR (GOFPY) trades at 9.9x earnings. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying GOFPY?
Before investing in OPAP Holding Societe Anonyme Unsponsored ADR (GOFPY), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Limited analyst coverage due to OTC listing.
- Disclosure status on OTC markets is unknown.