Ormat Technologies, Inc. Logo

Ormat Technologies, Inc.

ORA.TA

(2.5)
Stock Price

28.280,00 ILA

2.32% ROA

5.51% ROE

39.46x PER

Market Cap.

4.214.575.086,28 ILA

87.73% DER

0.69% Yield

15% NPM

Ormat Technologies, Inc. Stock Analysis

Ormat Technologies, Inc. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Ormat Technologies, Inc. Fundamental Stock Analysis
# Analysis Rating
1 Assets Growth

With a track record of consistent revenue growth in the past five years, this company presents a compelling opportunity.

2 Dividend

Shareholders can rely on the company's remarkable dividend history, consistently paying dividends for the past five years, demonstrating a steadfast dedication to rewarding investors.

3 ROE

ROE in an average range (4.38%) suggests satisfactory profitability and decent utilization of shareholders' equity.

4 ROA

The stock's ROA (1.94%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

5 PBV

The stock's PBV ratio (1.73x) reflects a fair valuation, making it an attractive option for investors seeking balanced opportunities.

6 DER

The stock maintains a fair debt to equity ratio (90%), indicating a reasonable balance between the money it owes and the ownership it possesses.

7 Revenue Growth

Over the past three years, this company's revenue has consistently grown, demonstrating a positive financial trend that makes it an appealing choice.

8 Net Profit Growth

This company's net profit has consistently grown over the past three years, showcasing a positive financial trend and making it an appealing investment opportunity.

9 Graham Number

The company's Graham number indicates that it is overvalued compared to its stock price, suggesting a potentially unfavorable investment opportunity.

10 Dividend Growth

The company's dividend growth has shown no improvement in the past three years, making it a less attractive investment option for those seeking increasing returns.

11 Buffet Intrinsic Value

Warren Buffett's formula suggests that the company's stock is overpriced (559), presenting a possible disadvantage for investors as its market price surpasses its estimated intrinsic value.

Ormat Technologies, Inc. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Ormat Technologies, Inc. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Hold

Ormat Technologies, Inc. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Ormat Technologies, Inc. Revenue
Year Revenue Growth
2001 47.915.000
2002 85.629.000 44.04%
2003 119.440.000 28.31%
2004 219.230.000 45.52%
2005 237.992.000 7.88%
2006 268.937.000 11.51%
2007 295.919.000 9.12%
2008 344.833.000 14.18%
2009 415.244.000 16.96%
2010 373.230.000 -11.26%
2011 437.009.000 14.59%
2012 514.408.000 15.05%
2013 533.239.000 3.53%
2014 559.524.000 4.7%
2015 594.644.000 5.91%
2016 662.591.000 10.25%
2017 692.812.000 4.36%
2018 719.267.000 3.68%
2019 746.044.000 3.59%
2020 705.342.000 -5.77%
2021 663.084.000 -6.37%
2022 734.159.000 9.68%
2023 832.224.000 11.78%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Ormat Technologies, Inc. Research and Development Expenses
Year Research and Development Expenses Growth
2001 1.729.000
2002 1.503.000 -15.04%
2003 1.391.000 -8.05%
2004 2.175.000 36.05%
2005 3.036.000 28.36%
2006 2.983.000 -1.78%
2007 3.663.000 18.56%
2008 4.595.000 20.28%
2009 10.502.000 56.25%
2010 10.120.000 -3.77%
2011 8.801.000 -14.99%
2012 6.108.000 -44.09%
2013 4.965.000 -23.02%
2014 783.000 -534.1%
2015 1.780.000 56.01%
2016 2.762.000 35.55%
2017 3.157.000 12.51%
2018 4.183.000 24.53%
2019 4.647.000 9.98%
2020 5.395.000 13.86%
2021 4.129.000 -30.66%
2022 5.078.000 18.69%
2023 5.568.000 8.8%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Ormat Technologies, Inc. General and Administrative Expenses
Year General and Administrative Expenses Growth
2001 0
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 26.412.000 100%
2010 27.442.000 3.75%
2011 27.885.000 1.59%
2012 28.267.000 1.35%
2013 29.188.000 3.16%
2014 28.614.000 -2.01%
2015 34.782.000 17.73%
2016 46.710.000 25.54%
2017 42.881.000 -8.93%
2018 47.750.000 10.2%
2019 55.833.000 14.48%
2020 60.226.000 7.29%
2021 75.901.000 20.65%
2022 61.274.000 -23.87%
2023 56.176.000 -9.08%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Ormat Technologies, Inc. EBITDA
Year EBITDA Growth
2001 16.196.000
2002 33.832.000 52.13%
2003 41.961.000 19.37%
2004 97.343.000 56.89%
2005 98.411.000 1.09%
2006 102.691.000 4.17%
2007 97.766.000 -5.04%
2008 137.585.000 28.94%
2009 71.779.000 -91.68%
2010 63.889.000 -12.35%
2011 65.434.000 2.36%
2012 95.849.000 31.73%
2013 123.921.000 22.65%
2014 184.140.000 32.7%
2015 189.377.000 2.77%
2016 217.028.000 12.74%
2017 224.014.000 3.12%
2018 226.456.000 1.08%
2019 217.063.000 -4.33%
2020 222.125.000 2.28%
2021 200.681.000 -10.69%
2022 222.872.000 9.96%
2023 231.024.000 3.53%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Ormat Technologies, Inc. Gross Profit
Year Gross Profit Growth
2001 17.925.000
2002 34.854.000 48.57%
2003 43.220.000 19.36%
2004 83.152.000 48.02%
2005 89.141.000 6.72%
2006 93.366.000 4.53%
2007 79.185.000 -17.91%
2008 102.025.000 22.39%
2009 122.638.000 16.81%
2010 77.627.000 -57.98%
2011 116.900.000 33.6%
2012 134.428.000 13.04%
2013 159.818.000 15.89%
2014 203.751.000 21.56%
2015 218.279.000 6.66%
2016 270.795.000 19.39%
2017 268.452.000 -0.87%
2018 270.435.000 0.73%
2019 269.323.000 -0.41%
2020 276.275.000 2.52%
2021 264.338.000 -4.52%
2022 268.824.000 1.67%
2023 240.012.000 -12%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Ormat Technologies, Inc. Net Profit
Year Net Profit Growth
2001 -6.413.000
2002 -1.044.000 -514.27%
2003 15.454.000 106.76%
2004 17.791.000 13.14%
2005 15.177.000 -17.22%
2006 34.447.000 55.94%
2007 27.376.000 -25.83%
2008 49.832.000 45.06%
2009 68.851.000 27.62%
2010 37.318.000 -84.5%
2011 -43.056.000 186.67%
2012 -207.067.000 79.21%
2013 41.238.000 602.13%
2014 54.182.000 23.89%
2015 119.573.000 54.69%
2016 93.930.000 -27.3%
2017 170.730.000 44.98%
2018 97.966.000 -74.27%
2019 88.095.000 -11.2%
2020 85.456.000 -3.09%
2021 62.092.000 -37.63%
2022 65.841.000 5.69%
2023 141.812.000 53.57%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Ormat Technologies, Inc. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2001 0
2002 0 0%
2003 1 0%
2004 1 0%
2005 0 0%
2006 1 100%
2007 1 0%
2008 1 0%
2009 2 100%
2010 1 0%
2011 -1 0%
2012 -5 100%
2013 1 0%
2014 1 100%
2015 2 50%
2016 2 -100%
2017 3 66.67%
2018 2 -200%
2019 2 0%
2020 2 0%
2021 1 0%
2022 1 0%
2023 2 50%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Ormat Technologies, Inc. Free Cashflow
Year Free Cashflow Growth
2002 -11.165.000
2003 20.723.000 153.88%
2004 25.336.000 18.21%
2005 18.189.000 -39.29%
2006 -86.462.000 121.04%
2007 -158.783.000 45.55%
2008 -299.657.000 47.01%
2009 -159.851.000 -87.46%
2010 -183.382.000 12.83%
2011 -138.729.000 -32.19%
2012 -143.549.000 3.36%
2013 -117.868.000 -21.79%
2014 62.082.000 289.86%
2015 37.075.000 -67.45%
2016 7.355.000 -404.08%
2017 -14.527.000 150.63%
2018 -112.699.000 87.11%
2019 -43.493.000 -159.12%
2020 -55.733.000 21.96%
2021 -160.450.000 65.26%
2022 -282.502.000 43.2%
2023 -85.787.000 -229.31%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Ormat Technologies, Inc. Operating Cashflow
Year Operating Cashflow Growth
2002 11.545.000
2003 46.019.000 74.91%
2004 63.458.000 27.48%
2005 134.938.000 52.97%
2006 73.035.000 -84.76%
2007 58.725.000 -24.37%
2008 116.949.000 49.79%
2009 110.772.000 -5.58%
2010 101.403.000 -9.24%
2011 132.734.000 23.6%
2012 89.471.000 -48.35%
2013 86.760.000 -3.12%
2014 213.235.000 59.31%
2015 190.025.000 -12.21%
2016 159.285.000 -19.3%
2017 245.575.000 35.14%
2018 145.822.000 -68.41%
2019 236.493.000 38.34%
2020 265.005.000 10.76%
2021 258.822.000 -2.39%
2022 280.974.000 7.88%
2023 74.049.000 -279.44%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Ormat Technologies, Inc. Capital Expenditure
Year Capital Expenditure Growth
2002 22.710.000
2003 25.296.000 10.22%
2004 38.122.000 33.64%
2005 116.749.000 67.35%
2006 159.497.000 26.8%
2007 217.508.000 26.67%
2008 416.606.000 47.79%
2009 270.623.000 -53.94%
2010 284.785.000 4.97%
2011 271.463.000 -4.91%
2012 233.020.000 -16.5%
2013 204.628.000 -13.87%
2014 151.153.000 -35.38%
2015 152.950.000 1.17%
2016 151.930.000 -0.67%
2017 260.102.000 41.59%
2018 258.521.000 -0.61%
2019 279.986.000 7.67%
2020 320.738.000 12.71%
2021 419.272.000 23.5%
2022 563.476.000 25.59%
2023 159.836.000 -252.53%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Ormat Technologies, Inc. Equity
Year Equity Growth
2002 26.031.000
2003 41.524.000 37.31%
2004 167.914.000 75.27%
2005 182.259.000 7.87%
2006 440.794.000 58.65%
2007 618.083.000 28.68%
2008 846.428.000 26.98%
2009 906.972.000 6.68%
2010 939.132.000 3.42%
2011 898.718.000 -4.5%
2012 694.465.000 -29.41%
2013 732.740.000 5.22%
2014 774.923.000 5.44%
2015 990.001.000 21.73%
2016 1.078.425.000 8.2%
2017 1.198.390.000 10.01%
2018 1.445.096.000 17.07%
2019 1.515.410.000 4.64%
2020 1.941.437.000 21.94%
2021 2.007.790.000 3.3%
2022 2.030.565.000 1.12%
2023 2.414.980.000 15.92%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Ormat Technologies, Inc. Assets
Year Assets Growth
2002 287.378.000
2003 547.536.000 47.51%
2004 850.088.000 35.59%
2005 914.480.000 7.04%
2006 1.160.102.000 21.17%
2007 1.274.909.000 9.01%
2008 1.637.691.000 22.15%
2009 1.855.001.000 11.71%
2010 2.043.328.000 9.22%
2011 2.314.718.000 11.72%
2012 2.041.899.000 -13.36%
2013 2.159.433.000 5.44%
2014 2.121.556.000 -1.79%
2015 2.293.044.000 7.48%
2016 2.461.569.000 6.85%
2017 2.566.527.000 4.09%
2018 3.121.350.000 17.78%
2019 3.250.494.000 3.97%
2020 3.888.987.000 16.42%
2021 4.425.678.000 12.13%
2022 4.611.579.000 4.03%
2023 5.010.812.000 7.97%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Ormat Technologies, Inc. Liabilities
Year Liabilities Growth
2002 258.815.000
2003 503.899.000 48.64%
2004 682.110.000 26.13%
2005 732.157.000 6.84%
2006 719.244.000 -1.8%
2007 591.444.000 -21.61%
2008 674.018.000 12.25%
2009 943.306.000 28.55%
2010 1.098.101.000 14.1%
2011 1.408.074.000 22.01%
2012 1.340.338.000 -5.05%
2013 1.414.322.000 5.23%
2014 1.334.810.000 -5.96%
2015 1.209.170.000 -10.39%
2016 1.291.562.000 6.38%
2017 1.283.815.000 -0.6%
2018 1.676.254.000 23.41%
2019 1.735.084.000 3.39%
2020 1.947.550.000 10.91%
2021 2.417.888.000 19.45%
2022 2.581.014.000 6.32%
2023 2.595.832.000 0.57%

Ormat Technologies, Inc. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
13.16
Net Income per Share
1.77
Price to Earning Ratio
39.46x
Price To Sales Ratio
5.31x
POCF Ratio
14.22
PFCF Ratio
-15.58
Price to Book Ratio
1.85
EV to Sales
7.73
EV Over EBITDA
25.66
EV to Operating CashFlow
20.72
EV to FreeCashFlow
-22.68
Earnings Yield
0.03
FreeCashFlow Yield
-0.06
Market Cap
4,21 Bil.
Enterprise Value
6,14 Bil.
Graham Number
38.79
Graham NetNet
-38.54

Income Statement Metrics

Net Income per Share
1.77
Income Quality
3.02
ROE
0.05
Return On Assets
0.02
Return On Capital Employed
0.03
Net Income per EBT
0.89
EBT Per Ebit
1.09
Ebit per Revenue
0.15
Effective Tax Rate
0.04

Margins

Sales, General, & Administrative to Revenue
0.08
Research & Developement to Revenue
0.01
Stock Based Compensation to Revenue
0.02
Gross Profit Margin
0.32
Operating Profit Margin
0.15
Pretax Profit Margin
0.17
Net Profit Margin
0.15

Dividends

Dividend Yield
0.01
Dividend Yield %
0.69
Payout Ratio
0.26
Dividend Per Share
0.48

Operating Metrics

Operating Cashflow per Share
4.91
Free CashFlow per Share
-4.49
Capex to Operating CashFlow
-1.91
Capex to Revenue
-0.71
Capex to Depreciation
-2.71
Return on Invested Capital
0.02
Return on Tangible Assets
0.02
Days Sales Outstanding
105.09
Days Payables Outstanding
0
Days of Inventory on Hand
31.01
Receivables Turnover
3.47
Payables Turnover
0
Inventory Turnover
11.77
Capex per Share
-9.4

Balance Sheet

Cash per Share
1,29
Book Value per Share
37,79
Tangible Book Value per Share
33.35
Shareholders Equity per Share
37.79
Interest Debt per Share
34.76
Debt to Equity
0.88
Debt to Assets
0.4
Net Debt to EBITDA
8.03
Current Ratio
0.95
Tangible Asset Value
2,01 Bil.
Net Current Asset Value
-2,08 Bil.
Invested Capital
0.88
Working Capital
-0,02 Bil.
Intangibles to Total Assets
0.08
Average Receivables
0,22 Bil.
Average Payables
0,00 Bil.
Average Inventory
41372000
Debt to Market Cap
0.47

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Ormat Technologies, Inc. Dividends
Year Dividends Growth
2019 44
2020 44 0%
2021 48 8.33%
2022 48 0%
2023 36 -33.33%

Ormat Technologies, Inc. Profile

About Ormat Technologies, Inc.

Ormat Technologies, Inc. engages in the geothermal and recovered energy power business in the United States, Indonesia, Kenya, Turkey, Chile, Guadeloupe, Guatemala, Ethiopia, New Zealand, Honduras, and internationally. It operates through three segments: Electricity, Product, and Energy Storage. The Electricity segment develops, builds, owns, and operates geothermal, solar photovoltaic, and recovered energy-based power plants; and sells electricity. The Product segment designs, manufactures, and sells equipment for geothermal, recovered energy-based electricity generation, and remote power units, such as fossil fuel powered turbo-generators and heavy duty direct-current generators; and provides services relating to the engineering, procurement, construction, operation, and maintenance of geothermal and recovered energy-based power plants. The Product segment serves contractors; developers, owners, and operators of geothermal power plants; and owners and operators of interstate natural gas pipelines, gas processing plants, and cement plants, as well as companies in other energy-intensive industrial processes. The Energy Storage segment offers energy storage and related services, as well as services relating to the engineering, procurement, construction, operation, and maintenance of energy storage units. Ormat Technologies, Inc. was founded in 1965 and is based in Reno, Nevada.

CEO
Mr. Doron Blachar
Employee
1.576
Address
6140 Plumas Street
Reno, 89519-6075

Ormat Technologies, Inc. Executives & BODs

Ormat Technologies, Inc. Executives & BODs
# Name Age
1 Mr. Elad Zalkin
Senior Vice President of Projects, Business Excellence, Planning & Control
70
2 Ms. Liza Tavori
Executive Vice President of Human Resources
70
3 Mr. Ofer Ben Yosef
Executive Vice President of Energy Storage & Business Development
70
4 Ms. Jessica Woelfel
General Counsel, Chief Compliance Officer & Corporate Secretary
70
5 Ms. Nirit Grushko
Senior Vice President of Engineering, R&D, Quality, Safety, & Innovation
70
6 Mr. Doron Blachar
Chief Executive Officer
70
7 Mr. Assaf Ginzburg
Chief Financial Officer
70
8 Mr. Shimon Hatzir
Executive Vice President of Electricity Segment
70
9 Ms. Smadar Lavi
Vice President, Head of Investor Relations & ESG Planning and Reporting
70
10 Ms. Etty Rosner
Senior Vice President of Contract Management
70

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