ORA:NYE-Ormat Technologies Inc. (USD)

EQUITY | Utilities - Renewable | New York Stock Exchange

Last Closing

USD 72.49

Change

+0.01 (+0.01)%

Market Cap

USD 2.37B

Volume

0.33M

Analyst Target

USD 71.40
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Ormat Technologies Inc is engaged in the geothermal and recovered energy power business. It designs, develops, builds, owns, and operates clean, environmentally friendly geothermal and recovered energy-based power plants.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-05-17 )

Largest Industry Peers for Utilities - Renewable

Symbol Name Price(Change) Market Cap
GEV GE Vernova LLC

N/A

USD 46.01B
EBR-B Centrais Elétricas Brasileira..

N/A

USD 16.75B
BEP Brookfield Renewable Partners ..

N/A

USD 16.62B
EBR Centrais Electricas Brasileira..

N/A

USD 15.76B
CWEN Clearway Energy Inc Class C

N/A

USD 5.41B
BEPC Brookfield Renewable Corp

N/A

USD 5.40B
CWEN-A Clearway Energy Inc

N/A

USD 5.26B
AQN Algonquin Power & Utilities Co..

N/A

USD 3.98B
NEP Nextera Energy Partners LP

N/A

USD 3.09B
AMPS Altus Power Inc

N/A

USD 0.70B

ETFs Containing ORA

EXV2:F iShares (DE) I - iShares .. 8.05 % 0.00 %

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USD 0.10B
SXKPEX:SW iShares STOXX Europe 600 .. 8.05 % 0.00 %

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USD 0.08B
BKGI 6.69 % 0.00 %

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SPYT:F SSgA SPDR ETFs Europe II .. 6.47 % 0.00 %

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USD 0.08B
STTX:SW SPDR® MSCI Europe Commun.. 6.47 % 0.00 %

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USD 0.08B
RNRG:LSE Global X Renewable Energy.. 4.75 % 0.00 %

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USD 3.33M
RNRU:LSE Global X Renewable Energy.. 4.75 % 0.00 %

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USD 3.30M
CLNE:AU VanEck Global Clean Energ.. 4.73 % 0.00 %

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USD 0.09B
ZERP:LSE 4.62 % 0.00 %

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ZERO:LSE 4.62 % 0.00 %

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ZERO:PA 4.48 % 0.00 %

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ZER0:XETRA 4.40 % 0.00 %

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C051:F Lyxor EURO STOXX Select D.. 4.00 % 0.00 %

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USD 0.07B
CBSDIV:SW 4.00 % 0.00 %

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UIQK:F UBS (Irl) Fund Solutions .. 3.81 % 0.00 %

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USD 1.10B
CCUSAS:SW UBS (Irl) Fund Solutions .. 3.81 % 0.00 %

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USD 1.10B
CCCHA:SW UBS (Irl) Fund Solutions .. 3.81 % 0.00 %

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USD 0.28B
CCEUA:SW UBS (Irl) Fund Solutions .. 3.81 % 0.00 %

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USD 0.28B
CCGBAS:SW UBS (Irl) Fund Solutions .. 3.81 % 0.00 %

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USD 0.01B
S5USAS:SW UBS (Irl) Fund Solutions .. 3.81 % 0.00 %

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USD 0.16B
MUUSAS:SW UBS (Irl) Fund Solutions .. 3.80 % 0.00 %

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USD 0.44B
UIQI:F UBS (Irl) Fund Solutions .. 3.78 % 0.00 %

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USD 0.31B
AJEUAS:SW UBS (Irl) Fund Solutions .. 3.78 % 0.00 %

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OSX4:F Ossiam Lux - Ossiam Europ.. 3.22 % 0.00 %

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USD 0.02B
C2MV:SW Ossiam Europe ESG Machine.. 3.22 % 0.00 %

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USD 0.04B
PBW Invesco WilderHill Clean .. 1.84 % 0.70 %

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USD 0.35B
UIMY:F UBS (Lux) Fund Solutions .. 1.83 % 0.00 %

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USD 0.05B
ELOVD:SW UBS(Lux)Fund Solutions .. 1.83 % 0.00 %

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USD 0.05B
ELOW:PA SSgA SPDR ETFs Europe II .. 1.39 % 0.00 %

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USD 0.02B
ZPRL:F SPDR® EURO STOXX Low Vol.. 1.39 % 0.00 %

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USD 0.02B
ELOW:SW SPDR® EURO STOXX Low Vol.. 1.39 % 0.00 %

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USD 0.02B
CHGX Change Finance Diversifie.. 1.15 % 0.64 %

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USD 0.12B
GEX 0.00 % 0.63 %

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ICLN iShares Global Clean Ener.. 0.00 % 0.46 %

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USD 2.45B
LVL 0.00 % 0.64 %

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RBIN 0.00 % 0.42 %

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BOON 0.00 % 0.85 %

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FCIL:CA 0.00 % 0.00 %

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SCIX 0.00 % 0.38 %

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ELOV:LSE 0.00 % 0.00 %

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DNRG:LSE 0.00 % 0.00 %

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ELOW:LSE 0.00 % 0.00 %

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EUHD:PA PowerShares EURO STOXX Hi.. 0.00 % 0.00 %

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USD 0.03B
EUMV:PA Ossiam Europe ESG Machine.. 0.00 % 0.00 %

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USD 0.02B
STT:PA SSgA SPDR ETFs Europe II .. 0.00 % 0.00 %

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USD 0.08B
EHDV:F PowerShares EURO STOXX Hi.. 0.00 % 0.00 %

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USD 0.03B
C051:XETRA Amundi Euro Stoxx Select .. 0.00 % 0.00 %

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USD 0.06B
EHDV:XETRA 0.00 % 0.00 %

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EXV2:XETRA iShares (DE) I - iShares .. 0.00 % 0.00 %

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USD 0.10B
OSX4:XETRA Ossiam Europe ESG Machine.. 0.00 % 0.00 %

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USD 0.06B
SPYT:XETRA SPDR® MSCI Europe Commun.. 0.00 % 0.00 %

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USD 0.02B
UEQ3:XETRA UBS (Irl) Fund Solutions .. 0.00 % 0.00 %

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USD 0.05B
UIQI:XETRA UBSs plc - MSCI AC Asia E.. 0.00 % 0.00 %

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USD 0.31B
UIQK:XETRA UBS (Irl) Fund Solutions .. 0.00 % 0.00 %

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USD 0.91B
ZPRL:XETRA SPDR® EURO STOXX Low Vol.. 0.00 % 0.00 %

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USD 0.02B
RNRG Global X Renewable Energy.. 0.00 % 0.00 %

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USD 0.04B
ACES ALPS Clean Energy 0.00 % 0.00 %

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USD 0.22B
R4RU:XETRA Global X Renewable Energy.. 0.00 % 0.00 %

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USD 3.17M
EUHD:SW Invesco EURO STOXX High D.. 0.00 % 0.00 %

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USD 0.03B

Market Performance

  Market Performance vs. Industry/Classification (Utilities - Renewable) Market Performance vs. Exchange (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -4.35% 33% F 19% F
Dividend Return 0.16% 8% B- 6% D-
Total Return -4.20% 33% F 18% F
Trailing 12 Months  
Capital Gain -13.16% 40% F 13% F
Dividend Return 0.57% 8% B- 5% F
Total Return -12.59% 33% F 12% F
Trailing 5 Years  
Capital Gain 20.56% 67% D+ 55% F
Dividend Return 3.69% 13% F 11% F
Total Return 24.25% 56% F 47% F
Average Annual (5 Year Horizon)  
Capital Gain 2.54% 60% D- 49% F
Dividend Return 3.16% 47% F 42% F
Total Return 0.62% 8% B- 15% F
Risk Return Profile  
Volatility (Standard Deviation) 20.55% 73% C 55% F
Risk Adjusted Return 15.39% 53% F 37% F
Market Capitalization 2.37B 46% F 73% C

Key Financial Ratios

  Ratio vs. Industry/Classification (Utilities - Renewable) Ratio vs. Market (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 25.80 54% 21%
Price/Book Ratio 1.68 15% 49%
Price / Cash Flow Ratio 13.37 17% 28%
Price/Free Cash Flow Ratio 12.54 31% 32%
Management Effectiveness  
Return on Equity 5.94% 87% 42%
Return on Invested Capital 3.99% 67% 39%
Return on Assets 2.15% 73% 46%
Debt to Equity Ratio 77.28% 85% 46%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Low debt

The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

What to not like:
Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector