Stock ORA ORMAT TECHNOLOGIES, INC.
Add to a list
To use this feature you must be a member
Log inSign up

Financials Ormat Technologies, Inc.

Equities

ORA

US6866881021

Electric Utilities

Market Closed - Nyse
Other stock markets
 04:00:01 2024-06-10 pm EDT 		5-day change 1st Jan Change
74.53 USD +0.78% Intraday chart for Ormat Technologies, Inc. -1.82% -1.66%
May. 14 UBS Adjusts Ormat Technologies Price Target to $100 From $95, Maintains Buy Rating MT
May. 09 Transcript : Ormat Technologies, Inc., Q1 2024 Earnings Call, May 09, 2024

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 3,800 5,041 4,441 4,850 4,574 4,468 - -
Enterprise Value (EV) 1 4,981 6,061 6,074 6,650 6,375 6,676 6,787 6,544
P/E ratio 43.3 x 54.7 x 72.1 x 73.9 x 36.4 x 35.8 x 29.2 x 23.7 x
Yield 0.59% 0.5% 0.61% 0.56% 0.63% 0.63% 0.66% 0.71%
Capitalization / Revenue 5.09 x 7.15 x 6.7 x 6.61 x 5.51 x 5.05 x 4.54 x 3.95 x
EV / Revenue 6.68 x 8.59 x 9.16 x 9.06 x 7.69 x 7.55 x 6.89 x 5.78 x
EV / EBITDA 13 x 14.4 x 15.1 x 15.3 x 13.2 x 12.6 x 11.7 x 10.6 x
EV / FCF -115 x -109 x -37.9 x -23.5 x -20.6 x -67.8 x -64.8 x -
FCF Yield -0.87% -0.92% -2.64% -4.25% -4.85% -1.48% -1.54% -
Price to Book 2.73 x 2.58 x 2.4 x 2.6 x 1.98 x 1.76 x 1.68 x 1.53 x
Nbr of stocks (in thousands) 50,994 55,841 56,002 56,085 60,354 60,422 - -
Reference price 2 74.52 90.28 79.30 86.48 75.79 73.95 73.95 73.95
Announcement Date 2/25/20 2/24/21 2/23/22 2/22/23 2/21/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 746 705.3 663.1 734.2 829.4 884.1 984.5 1,132
EBITDA 1 384.3 420.2 401.4 435.5 481.7 529.9 581.8 618.7
EBIT 1 193.8 214 169.4 152.8 166.6 194.5 225.3 285.8
Operating Margin 25.98% 30.34% 25.54% 20.81% 20.08% 22% 22.88% 25.25%
Earnings before Tax (EBT) 1 137.3 168.7 103.6 95.61 139.1 136.1 155 194.2
Net income 1 88.1 85.46 62.09 65.84 124.4 124.4 145.5 200.8
Net margin 11.81% 12.12% 9.36% 8.97% 15% 14.07% 14.78% 17.75%
EPS 2 1.720 1.650 1.100 1.170 2.080 2.067 2.532 3.125
Free Cash Flow 1 -43.49 -55.73 -160.4 -282.5 -309 -98.5 -104.8 -
FCF margin -5.83% -7.9% -24.2% -38.48% -37.25% -11.14% -10.64% -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 0.4400 0.4500 0.4800 0.4800 0.4800 0.4642 0.4868 0.5287
Announcement Date 2/25/20 2/24/21 2/23/22 2/22/23 2/21/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 191 183.7 169.1 175.9 205.5 185.2 194.8 208.1 241.3 224.2 207.6 218.7 239.8 232.4 242.3
EBITDA 1 116 107.9 100.7 102.2 124.7 123.5 100.9 118.3 139 141.2 121 125.7 143 142.2 141.8
EBIT 1 54.86 45.08 38.61 39.72 30.22 53.17 24.22 37.57 51.63 52.58 40.52 44.39 57.03 56.86 56.68
Operating Margin 28.72% 24.54% 22.83% 22.58% 14.71% 28.7% 12.44% 18.06% 21.39% 23.46% 19.52% 20.29% 23.79% 24.46% 23.4%
Earnings before Tax (EBT) 1 42.22 32.38 22.64 27.64 12.95 42.08 18.56 29.6 48.85 39.37 26.6 28.93 41.18 39.39 41.23
Net income 1 18.9 18.43 11.26 18.11 18.04 29.03 24.19 35.45 35.28 38.59 24.72 25.86 35.25 38.56 35.6
Net margin 9.9% 10.03% 6.66% 10.3% 8.78% 15.67% 12.42% 17.04% 14.62% 17.21% 11.91% 11.82% 14.7% 16.59% 14.69%
EPS 2 0.3400 0.3300 0.2000 0.3200 0.3200 0.5100 0.4000 0.5900 0.5900 0.6400 0.4173 0.4435 0.5666 0.7020 0.5864
Dividend per Share 2 0.1200 0.1200 0.1200 0.1200 0.1200 0.1200 0.1200 0.1200 0.1200 - 0.1148 0.1148 0.1148 0.1447 0.1200
Announcement Date 2/23/22 5/2/22 8/3/22 11/2/22 2/22/23 5/9/23 8/2/23 11/8/23 2/21/24 5/8/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 1,181 1,020 1,633 1,800 1,801 2,208 2,318 2,076
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 3.074 x 2.427 x 4.068 x 4.134 x 3.738 x 4.166 x 3.985 x 3.356 x
Free Cash Flow 1 -43.5 -55.7 -160 -283 -309 -98.5 -105 -
ROE (net income / shareholders' equity) 6.5% 5.34% 4.29% 3.54% 5.95% 7.59% 6.33% 6.44%
ROA (Net income/ Total Assets) 2.77% 2.39% 1.89% 2.04% 2.53% 2.2% 4.37% -
Assets 1 3,186 3,570 3,284 3,227 4,910 5,652 3,327 -
Book Value Per Share 2 27.30 35.00 33.10 33.30 38.40 42.00 44.00 48.50
Cash Flow per Share - - - - - - - -
Capex 1 280 321 419 563 618 556 490 300
Capex / Sales 37.53% 45.47% 63.23% 76.75% 74.56% 62.9% 49.81% 26.51%
Announcement Date 2/25/20 2/24/21 2/23/22 2/22/23 2/21/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Ormat Technologies, Inc.

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
7
Last Close Price
73.95 USD
Average target price
78.29 USD
Spread / Average Target
+5.86%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Alternative Electric Utilities

1st Jan change Capi.
ORMAT TECHNOLOGIES, INC. Stock Ormat Technologies, Inc.
-1.66% 4.47B
BROOKFIELD RENEWABLE CORPORATION Stock Brookfield Renewable Corporation
+13.92% 11.36B
CORPORACIÓN ACCIONA ENERGÍAS RENOVABLES, S.A. Stock Corporación Acciona Energías Renovables, S.A.
-25.00% 7.51B
ATLANTICA SUSTAINABLE INFRASTRUCTURE PLC Stock Atlantica Sustainable Infrastructure plc
+2.42% 2.56B
ENERGY ABSOLUTE Stock Energy Absolute
-54.80% 2.17B
VOLTALIA SA Stock Voltalia SA
+6.72% 1.65B
AES BRASIL ENERGIA S.A. Stock AES Brasil Energia S.A.
-8.69% 1.28B
AKFEN YENILENEBILIR ENERJI Stock Akfen Yenilenebilir Enerji
+77.42% 828M
GUNKUL ENGINEERING Stock Gunkul Engineering
-11.43% 584M
BCPG Stock BCPG
-30.11% 505M
Alternative Electric Utilities
  1. Stock Market
  2. Equities
  3. ORA Stock
  4. Financials Ormat Technologies, Inc.