Ormat Technologies Inc ORA
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if ORA is a good fit for your portfolio.
News
-
Ormat Technologies, Inc. to Host Conference Call Announcing First Quarter 2024 Financial Results
-
Ormat Technologies Signs PPA for a New Geothermal Power Plant in Guadeloupe
-
Ormat Technologies Reports Fourth Quarter and Year-End 2023 Financial Results
-
Ormat Secures Approval for PPA Amendments Between Its Puna Geothermal Venture and Hawaiian Electric
-
Ormat Technologies, Inc. to Host Conference Call Announcing Fourth Quarter and Year End 2023 Financial Results
Trading Information
- Previous Close Price
- $62.92
- Day Range
- $62.34–63.78
- 52-Week Range
- $58.73–88.64
- Bid/Ask
- $61.44 / $67.26
- Market Cap
- $3.85 Bil
- Volume/Avg
- 1.2 Mil / 487,745
Key Statistics
- Price/Earnings (Normalized)
- 29.63
- Price/Sales
- 4.53
- Dividend Yield (Trailing)
- 0.76%
- Dividend Yield (Forward)
- 0.76%
- Total Yield
- 0.76%
Company Profile
Ormat Technologies Inc is engaged in the geothermal energy power business. The company is engaged in three business segments: Electricity Segment. where the company develops, builds, owns and operates geothermal, solar PV and recovered energy-based power plants in the United States and geothermal power plants in other countries and sell the electricity generated. Product Segment includes designing, manufacturing and selling equipment for geothermal and recovered energy-based electricity generation and providing services relating to the engineering, procurement and construction of geothermal and recovered energy-based power plants. Energy Storage Segment includes owning and operating grid-connected which provide capacity, energy and ancillary services directly to the electric grid.
- Sector
- Utilities
- Industry
- Utilities - Renewable
- Stock Style Box
- Small Growth
- Total Number of Employees
- 1,576
- Website
- https://www.ormat.com
Comparables
Valuation
|
Metric
|
ORA
|
600886
|
9519
|
|---|---|---|---|
Price/Earnings (Normalized) | 29.63 | 19.67 | 19.21 |
Price/Book Value | 1.64 | 2.17 | 1.77 |
Price/Sales | 4.53 | 2.18 | 2.80 |
Price/Cash Flow | 10.63 | 5.17 | 7.17 |
Price/Earnings
ORA
600886
9519
Financial Strength
|
Metric
|
ORA
|
600886
|
9519
|
|---|---|---|---|
Quick Ratio | 0.87 | 0.68 | 0.70 |
Current Ratio | 1.20 | 0.74 | 1.66 |
Interest Coverage | 2.29 | 3.59 | 2.88 |
Quick Ratio
ORA
600886
9519
Profitability
|
Metric
|
ORA
|
600886
|
9519
|
|---|---|---|---|
Return on Assets (Normalized) | 2.45% | 2.29% | 1.47% |
Return on Equity (Normalized) | 5.59% | 11.84% | 8.92% |
Return on Invested Capital (Normalized) | 4.67% | 4.25% | 2.07% |
Return on Assets
ORA
600886
9519
Utilities - Renewable Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
CEG
| Constellation Energy Corp | — | Wcrqvw | $57.9 Bil | |
GEV
| GE Vernova Inc | Xtddjclb | Pqkqt | $36.7 Bil | |
OEZVY
| Verbund AG ADR | — | Hyjks | $26.0 Bil | |
OEZVF
| Verbund AG Class A | — | Zsnl | $26.0 Bil | |
DNNGY
| Orsted A/S ADR | — | Rdyngfb | $23.4 Bil | |
DOGEF
| Orsted A/S | — | Ktkzs | $23.4 Bil | |
CZAVF
| CEZ a.s | — | Zyjsh | $19.8 Bil | |
EBR
| Centrais Eletricas Brasileiras SA ADR | — | Wtvjl | $16.5 Bil | |
BEP
| Brookfield Renewable Partners LP | Dryxvrwwq | Yqkc | $5.9 Bil | |
BEPC
| Brookfield Renewable Corp Ordinary Shares - Class A (Sub Voting) | Tjprzwqzgh | Wgks | $4.0 Bil |