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Ormat Technologies NYSE:ORA Stock Report

Last Price

US$67.52

Market Cap

US$4.1b

7D

-6.9%

1Y

-11.0%

Updated

20 Dec, 2024

Data

Company Financials +

ORA Stock Overview

Engages in the geothermal and recovered energy power business in the United States, Indonesia, Kenya, Turkey, Chile, Guatemala, Guadeloupe, New Zealand, Honduras, and internationally. More details

ORA fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance3/6
Financial Health0/6
Dividends0/6

My Notes

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US$86.14
FV
21.6% undervalued intrinsic discount
9.38%
Revenue growth p.a.
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2 days ago author updated this narrative

Ormat Technologies, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Ormat Technologies
Historical stock prices
Current Share PriceUS$67.52
52 Week HighUS$84.30
52 Week LowUS$59.41
Beta0.53
1 Month Change-14.94%
3 Month Change-10.61%
1 Year Change-11.03%
3 Year Change-8.36%
5 Year Change-9.38%
Change since IPO330.89%

Recent News & Updates

Ormat Technologies (NYSE:ORA) Might Be Having Difficulty Using Its Capital Effectively

Dec 05
Ormat Technologies (NYSE:ORA) Might Be Having Difficulty Using Its Capital Effectively

Ormat Technologies: Growth Prospects Outpaced By Overvaluation

Nov 08

Is Ormat Technologies, Inc. (NYSE:ORA) Trading At A 34% Discount?

Nov 08
Is Ormat Technologies, Inc. (NYSE:ORA) Trading At A 34% Discount?

Recent updates

Ormat Technologies (NYSE:ORA) Might Be Having Difficulty Using Its Capital Effectively

Dec 05
Ormat Technologies (NYSE:ORA) Might Be Having Difficulty Using Its Capital Effectively

Ormat Technologies: Growth Prospects Outpaced By Overvaluation

Nov 08

Is Ormat Technologies, Inc. (NYSE:ORA) Trading At A 34% Discount?

Nov 08
Is Ormat Technologies, Inc. (NYSE:ORA) Trading At A 34% Discount?

With EPS Growth And More, Ormat Technologies (NYSE:ORA) Makes An Interesting Case

Oct 18
With EPS Growth And More, Ormat Technologies (NYSE:ORA) Makes An Interesting Case

Ormat Technologies, Inc.'s (NYSE:ORA) Shareholders Might Be Looking For Exit

Sep 06
Ormat Technologies, Inc.'s (NYSE:ORA) Shareholders Might Be Looking For Exit

Ormat Technologies (NYSE:ORA) Seems To Be Using A Lot Of Debt

Aug 03
Ormat Technologies (NYSE:ORA) Seems To Be Using A Lot Of Debt

Ormat Technologies: Risk/Reward Skewed To The Downside On Starting Valuations

Aug 03

Ormat Technologies (NYSE:ORA) Could Be Struggling To Allocate Capital

Jul 16
Ormat Technologies (NYSE:ORA) Could Be Struggling To Allocate Capital

If EPS Growth Is Important To You, Ormat Technologies (NYSE:ORA) Presents An Opportunity

Jun 28
If EPS Growth Is Important To You, Ormat Technologies (NYSE:ORA) Presents An Opportunity

Earnings Not Telling The Story For Ormat Technologies, Inc. (NYSE:ORA)

May 22
Earnings Not Telling The Story For Ormat Technologies, Inc. (NYSE:ORA)

Shareholders May Find It Hard To Justify Increasing Ormat Technologies, Inc.'s (NYSE:ORA) CEO Compensation For Now

May 02
Shareholders May Find It Hard To Justify Increasing Ormat Technologies, Inc.'s (NYSE:ORA) CEO Compensation For Now

These 4 Measures Indicate That Ormat Technologies (NYSE:ORA) Is Using Debt Extensively

Mar 22
These 4 Measures Indicate That Ormat Technologies (NYSE:ORA) Is Using Debt Extensively

Ormat Technologies: An Expensive Vertically Integrated Gem

Mar 09

The Price Is Right For Ormat Technologies, Inc. (NYSE:ORA)

Feb 06
The Price Is Right For Ormat Technologies, Inc. (NYSE:ORA)

Here's What's Concerning About Ormat Technologies' (NYSE:ORA) Returns On Capital

Jan 08
Here's What's Concerning About Ormat Technologies' (NYSE:ORA) Returns On Capital

Ormat Technologies: EGS Could Provide Unexpected Upside

Oct 31

Ormat Technologies: High Earnings Not As Attractive Compared To Capital Required To Grow

Oct 04

Ormat Technologies (NYSE:ORA) Could Be Struggling To Allocate Capital

Sep 26
Ormat Technologies (NYSE:ORA) Could Be Struggling To Allocate Capital

These 4 Measures Indicate That Ormat Technologies (NYSE:ORA) Is Using Debt Extensively

Aug 31
These 4 Measures Indicate That Ormat Technologies (NYSE:ORA) Is Using Debt Extensively

Ormat Technologies: Promising Future, But Valuation Is Worrying

Jun 09

The Returns On Capital At Ormat Technologies (NYSE:ORA) Don't Inspire Confidence

May 13
The Returns On Capital At Ormat Technologies (NYSE:ORA) Don't Inspire Confidence

Ormat Technologies Q4 2022 Earnings Preview

Feb 21

Massif Capital - Ormat Technologies: Keep An Eye Out For A Catalyst

Feb 01

Ormat secures financing for Ijen geothermal power plant

Jan 12

Ormat Technologies goes ex dividend tomorrow

Nov 14

Returns On Capital Signal Tricky Times Ahead For Ormat Technologies (NYSE:ORA)

Nov 02
Returns On Capital Signal Tricky Times Ahead For Ormat Technologies (NYSE:ORA)

Shareholder Returns

ORAUS Renewable EnergyUS Market
7D-6.9%-6.0%-3.5%
1Y-11.0%60.9%22.1%

Return vs Industry: ORA underperformed the US Renewable Energy industry which returned 60.9% over the past year.

Return vs Market: ORA underperformed the US Market which returned 22.1% over the past year.

Price Volatility

Is ORA's price volatile compared to industry and market?
ORA volatility
ORA Average Weekly Movement4.0%
Renewable Energy Industry Average Movement8.7%
Market Average Movement6.3%
10% most volatile stocks in US Market17.0%
10% least volatile stocks in US Market3.1%

Stable Share Price: ORA has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: ORA's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19651,576Doron Blacharwww.ormat.com

Ormat Technologies, Inc. engages in the geothermal and recovered energy power business in the United States, Indonesia, Kenya, Turkey, Chile, Guatemala, Guadeloupe, New Zealand, Honduras, and internationally. It operates in 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.

Ormat Technologies, Inc. Fundamentals Summary

How do Ormat Technologies's earnings and revenue compare to its market cap?
ORA fundamental statistics
Market capUS$4.06b
Earnings (TTM)US$118.64m
Revenue (TTM)US$890.25m

34.4x

P/E Ratio

4.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ORA income statement (TTM)
RevenueUS$890.25m
Cost of RevenueUS$606.44m
Gross ProfitUS$283.81m
Other ExpensesUS$165.18m
EarningsUS$118.64m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.96
Gross Margin31.88%
Net Profit Margin13.33%
Debt/Equity Ratio94.8%

How did ORA perform over the long term?

See historical performance and comparison

Dividends

0.7%

Current Dividend Yield

24%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 23:12
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Ormat Technologies, Inc. is covered by 31 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jinming LiuArdour Capital Investments, LLC
Daniel MannesAvondale Partners
J. HorwitzBaird