OPAL Competitors

OPAL Stock  USD 2.05  -0.05  -2.38%   
The company conducts business in the Utilities industry (Electric Utilities sector). OPAL Fuels competes with SolarBank Common, Via Renewables, Eco Wave, Rain Enhancement, and Verde Clean and other related companies. This provides context for comparative analysis. Use comparative scoring to see how OPAL Fuels ranks on profitability, leverage, and momentum.

OPAL Fuels vs Brenmiller Energy Correlation Overview

Poor diversification

The correlation between OPAL and BNRG is 0.65, which Macroaxis classifies as Poor diversification for the selected horizon. Used correctly, the chart helps investors judge whether adding the second position genuinely diversifies the first.

Moving against OPAL Stock

  0.55TRV The Travelers CompaniesPairCorr
  0.53SOJC SouthernPairCorr
  0.52XOM Exxon Mobil Corp Aggressive PushPairCorr
  0.51NIHK Video River NetworksPairCorr
  0.5SLF Sun Life FinancialPairCorr
Specify up to 10 symbols:
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of OPAL Fuels' price to converge to an average value over time is called mean reversion.
Hype
Prediction
LowEstimatedHigh
0.102.057.09
Details
Intrinsic
Valuation
LowRealHigh
0.091.856.89
Details
Naive
Forecast
LowNextHigh
0.042.097.13
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
1.932.162.40
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as OPAL Fuels. Your research has to be compared to or analyzed against OPAL Fuels' peers to derive any actionable benefits.

OPAL Fuels Competition Correlation Matrix

Correlation analysis between OPAL Fuels and its competitors helps investors understand whether diversification is real or only superficial inside the same peer group. This matrix is most informative when investors want to know whether adding another peer would improve diversification, increase crowding, or leave total risk largely unchanged.

High positive correlations

BNRGVGAS
BNRGSUUN
BNRGRAIN
RAINWAVE
VGASSUUN
VGASRAIN
  

High negative correlations

RAINVIASP
BNRGVIASP
WAVEVIASP
VGASVIASP
ADNSUUN
BNRGADN

Risk-Adjusted Indicators

There is a big difference between OPAL Stock performing well and OPAL Fuels Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze OPAL Fuels' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

OPAL Fuels Competitive Analysis

Within its peer group that includes SolarBank Common, Via Renewables, and Eco Wave, OPAL Fuels stands out in several ways. The company commands a 364.1 M market valuation built on 300.0 M in annual revenue. Profitability stands at a 3.39% net margin with return on equity reaching 3.12%. Market capitalization diverges sharply here: 364.1 M versus 33.1 M, giving OPAL Fuels a clear size advantage. Valuation multiples differ: Via Renewables at 26.83x P/E versus OPAL Fuels at 5.25x, suggesting different growth expectations. Top-line revenue favors OPAL Fuels by a wide margin: 300.0 M to 168,000.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
OPAL SUUN VIASP WAVE RAIN VGAS HTOO ADN RGCO BNRG
 2.38 
2.05
OPAL
 4.23 
0.68
SolarBank
 0.16 
25.51
Via
 9.52 
5.51
Eco
 7.86 
3.02
Rain
 7.53 
1.57
Verde
 1.86 
3.16
Fusion
 2.33 
0.42
Advent
 1.35 
21.90
RGC
 18.07 
0.98
Brenmiller
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(90 Days Macroaxis Advice)
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Peer Performance Charts

How to Analyze OPAL Fuels Against Peers

OPAL Fuels' peer analysis compares OPAL Fuels with related companies to put valuation, quality, and risk metrics in context. This helps determine whether recent performance is company-specific or broadly sector-driven. A practical workflow includes:
  • Set a relevant peer group: Include direct competitors and close alternatives with comparable business exposure.
  • Benchmark core financials: Compare profitability, growth, capital structure, and cash flow quality.
  • Check valuation dispersion: Review whether OPAL Fuels trades at a premium or discount versus peers and why.
  • Evaluate risk profile: Compare volatility, drawdowns, and correlation to avoid false diversification assumptions.
  • Document the thesis: Record where OPAL Fuels leads or lags and what catalysts could close or widen the gap.
Use this as an educational baseline, then validate conclusions with current filings, market conditions, and portfolio objectives.