Ormat Technologies, Inc.
General ticker "ORA" information:
- Sector: Utilities
- Industry: Independent Power & Renewable Electricity Producers
- Capitalization: $4.6B
Ormat Technologies, Inc. follows the US Stock Market performance with the rate: 54.6%.
Estimated limits based on current volatility of 2.1%: low 67.15$, high 70.25$
Factors to consider:
- Company pays dividends: last record date 2024-11-20, amount 0.12$ (Y0.71%)
- US accounted for 65.9% of revenue in the fiscal year ended 2022-12-31
- Price in estimated range
- 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 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [59.92$, 90.22$]
- 2024-12-30 to 2025-12-30 estimated range: [56.83$, 87.21$]
Financial Metrics affecting the ORA estimates:
- Positive: 0.93 < Non-GAAP EPS, $ of 2.09
- Positive: Operating profit margin, % of 20.08 > 19.51
- Positive: 7.18 < Operating cash flow per share per price, % of 7.28
- Positive: 6.94 < Industry operating cash flow per share per price (median), % of 7.28
- Negative: Investing cash flow per share, $ of -10.57 <= -3.48
- Negative: Industry inventory ratio change (median), % of 0.83 > 0.49
- Negative: Return on assets ratio (scaled to [-100,100]) of 2.49 <= 2.86
Short-term ORA quotes
Long-term ORA plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $663.33MM | $734.16MM | $829.42MM |
| Operating Expenses | $493.98MM | $581.36MM | $662.84MM |
| Operating Income | $169.36MM | $152.80MM | $166.59MM |
| Non-Operating Income | $-65.81MM | $-57.19MM | $-27.50MM |
| Interest Expense | $82.66MM | $87.74MM | $98.88MM |
| R&D Expense | $4.13MM | $5.08MM | $7.21MM |
| Income(Loss) | $103.55MM | $95.61MM | $139.09MM |
| Taxes | $24.85MM | $14.74MM | $5.98MM |
| Other Income(Loss) | $-2.62MM | $-3.07MM | $0.04MM |
| Profit(Loss) | $76.08MM | $77.80MM | $133.14MM |
| Stockholders Equity | $1,855.00MM | $1,867.57MM | $2,315.43MM |
| Inventory | $28.45MM | $22.83MM | $45.04MM |
| Assets | $4,425.68MM | $4,611.58MM | $5,208.28MM |
| Operating Cash Flow | $258.82MM | $280.97MM | $309.40MM |
| Capital expenditure | $419.27MM | $563.48MM | $618.38MM |
| Investing Cash Flow | $-638.19MM | $-523.41MM | $-628.34MM |
| Financing Cash Flow | $186.38MM | $126.71MM | $379.96MM |
| Earnings Per Share* | $1.11 | $1.17 | $2.09 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.