Ormat Technologies, Inc.
General ticker "ORA" information:
- Sector: Utilities
- Industry: Independent Power & Renewable Electricity Producers
- Capitalization: $4.9B (TTM average)
Ormat Technologies, Inc. follows the US Stock Market performance with the rate: 61.5%.
Estimated limits based on current volatility of 1.2%: low 111.05$, high 113.82$
Factors to consider:
- Company pays dividends (quarterly): last record date 2025-08-20, amount 0.12$ (Y0.43%)
- Total employees count: 1512 (-4.1%) as of 2024
- US accounted for 62.7% of revenue in the fiscal year ended 2024-12-31
- Top business risk factors: Dependence on power plant operations, Geological uncertainties, Cybersecurity threats, Political instability, Operational and conduct risks
- Current price 29.1% above estimated high
- Earnings for 9 months up through Q3 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-12-31 to 2026-12-31
- 2024-12-31 to 2025-12-31 estimated range: [54.17$, 86.97$]
- 2025-12-31 to 2026-12-31 estimated range: [52.89$, 85.78$]
Financial Metrics affecting the ORA estimates:
- Negative: with PPE of 31.3 at the end of fiscal year the price was very high
- Positive: Operating profit margin, % of 19.40 > 18.64
- Negative: negative Industry operating cash flow (median)
- Positive: 6.82 < Operating cash flow per share per price, % of 9.96
- Positive: 41.86 < Shareholder equity ratio, % of 42.80 <= 63.39
- Positive: 1.87 < Return on assets ratio (scaled to [-100,100]) of 2.27
- Negative: Industry earnings per price (median), % of 0 <= 0
- Positive: Industry inventory ratio change (median), % of 0 <= 0
Short-term ORA quotes
Long-term ORA plot with estimates
Financial data
| YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating Revenue | $734.16MM | $829.42MM | $889.03MM |
| Operating Expenses | $581.36MM | $662.84MM | $716.56MM |
| Operating Income | $152.80MM | $166.59MM | $172.47MM |
| Non-Operating Income | $-57.19MM | $-27.50MM | $-57.09MM |
| Interest Expense | $87.74MM | $98.88MM | $134.03MM |
| R&D Expense | $5.08MM | $7.21MM | $6.50MM |
| Income(Loss) | $95.61MM | $139.09MM | $115.38MM |
| Taxes | $14.74MM | $5.98MM | $-16.29MM |
| Other Income(Loss) | $-3.07MM | $0.04MM | $-0.42MM |
| Profit(Loss)* | $65.84MM | $124.40MM | $123.73MM |
| Stockholders Equity | $1,867.57MM | $2,315.43MM | $2,425.13MM |
| Inventory | $22.83MM | $45.04MM | $38.09MM |
| Assets | $4,611.58MM | $5,208.28MM | $5,666.22MM |
| Operating Cash Flow | $280.97MM | $309.40MM | $410.92MM |
| Capital expenditure | $563.48MM | $618.38MM | $487.68MM |
| Investing Cash Flow | $-523.41MM | $-628.34MM | $-780.25MM |
| Financing Cash Flow | $126.27MM | $379.96MM | $287.92MM |
| Earnings Per Share** | $1.17 | $2.09 | $2.05 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.