ORMAT TECHNOLOGIES INC (ORA) Stock Fundamental Analysis

NYSE:ORA • US6866881021

107.15 USD
+3.45 (+3.33%)
At close: Mar 2, 2026
105.9 USD
-1.25 (-1.17%)
Pre-Market: 3/3/2026, 8:01:02 AM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

4

Taking everything into account, ORA scores 4 out of 10 in our fundamental rating. ORA was compared to 20 industry peers in the Independent Power and Renewable Electricity Producers industry. There are concerns on the financial health of ORA while its profitability can be described as average. ORA is quite expensive at the moment. It does show a decent growth rate.


Dividend Valuation Growth Profitability Health

5

1. Profitability

1.1 Basic Checks

  • In the past year ORA was profitable.
  • In the past year ORA had a positive cash flow from operations.
  • In the past 5 years ORA has always been profitable.
  • Of the past 5 years ORA 4 years had a positive operating cash flow.
ORA Yearly Net Income VS EBIT VS OCF VS FCFORA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 200M -200M 400M

1.2 Ratios

  • Looking at the Return On Assets, with a value of 2.19%, ORA is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
  • The Return On Equity of ORA (5.31%) is better than 65.00% of its industry peers.
  • ORA has a Return On Invested Capital of 2.52%. This is in the better half of the industry: ORA outperforms 70.00% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for ORA is in line with the industry average of 4.10%.
Industry RankSector Rank
ROA 2.19%
ROE 5.31%
ROIC 2.52%
ROA(3y)2.19%
ROA(5y)1.88%
ROE(3y)5.12%
ROE(5y)4.44%
ROIC(3y)2.64%
ROIC(5y)2.96%
ORA Yearly ROA, ROE, ROICORA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2 4 6 8 10

1.3 Margins

  • ORA has a better Profit Margin (14.12%) than 85.00% of its industry peers.
  • ORA's Profit Margin has been stable in the last couple of years.
  • ORA's Operating Margin of 18.71% is fine compared to the rest of the industry. ORA outperforms 75.00% of its industry peers.
  • ORA's Operating Margin has declined in the last couple of years.
  • ORA has a Gross Margin of 28.32%. This is in the lower half of the industry: ORA underperforms 65.00% of its industry peers.
  • ORA's Gross Margin has declined in the last couple of years.
Industry RankSector Rank
OM 18.71%
PM (TTM) 14.12%
GM 28.32%
OM growth 3Y-10.15%
OM growth 5Y-6.85%
PM growth 3Y11.77%
PM growth 5Y0.65%
GM growth 3Y-9.04%
GM growth 5Y-6.26%
ORA Yearly Profit, Operating, Gross MarginsORA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30 40

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ROAROEROICOperating and Profit MarginShow most profitable peers

2

2. Health

2.1 Basic Checks

  • ORA has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • The number of shares outstanding for ORA remains at a similar level compared to 1 year ago.
  • The number of shares outstanding for ORA has been increased compared to 5 years ago.
  • ORA has a worse debt/assets ratio than last year.
ORA Yearly Shares OutstandingORA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M
ORA Yearly Total Debt VS Total AssetsORA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B

2.2 Solvency

  • Based on the Altman-Z score of 1.52, we must say that ORA is in the distress zone and has some risk of bankruptcy.
  • ORA has a better Altman-Z score (1.52) than 75.00% of its industry peers.
  • A Debt/Equity ratio of 0.87 indicates that ORA is somewhat dependend on debt financing.
  • Looking at the Debt to Equity ratio, with a value of 0.87, ORA is in the better half of the industry, outperforming 65.00% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.87
Debt/FCF N/A
Altman-Z 1.52
ROIC/WACC0.34
WACC7.51%
ORA Yearly LT Debt VS Equity VS FCFORA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 500M 1B 1.5B 2B 2.5B

2.3 Liquidity

  • A Current Ratio of 0.77 indicates that ORA may have some problems paying its short term obligations.
  • The Current ratio of ORA (0.77) is comparable to the rest of the industry.
  • ORA has a Quick Ratio of 0.77. This is a bad value and indicates that ORA is not financially healthy enough and could expect problems in meeting its short term obligations.
  • ORA's Quick ratio of 0.67 is on the low side compared to the rest of the industry. ORA is outperformed by 65.00% of its industry peers.
Industry RankSector Rank
Current Ratio 0.77
Quick Ratio 0.67
ORA Yearly Current Assets VS Current LiabilitesORA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

6

3. Growth

3.1 Past

  • The Earnings Per Share has been growing slightly by 5.66% over the past year.
  • The Earnings Per Share has been growing slightly by 5.92% on average over the past years.
  • The Revenue has grown by 12.49% in the past year. This is quite good.
  • Measured over the past years, ORA shows a small growth in Revenue. The Revenue has been growing by 7.01% on average per year.
EPS 1Y (TTM)5.66%
EPS 3Y11.18%
EPS 5Y5.92%
EPS Q2Q%-6.94%
Revenue 1Y (TTM)12.49%
Revenue growth 3Y10.46%
Revenue growth 5Y7.01%
Sales Q2Q%19.65%

3.2 Future

  • The Earnings Per Share is expected to grow by 24.75% on average over the next years. This is a very strong growth
  • The Revenue is expected to grow by 9.26% on average over the next years. This is quite good.
EPS Next Y6.5%
EPS Next 2Y11.13%
EPS Next 3Y12.61%
EPS Next 5Y24.75%
Revenue Next Year16.99%
Revenue Next 2Y11.27%
Revenue Next 3Y10.05%
Revenue Next 5Y9.26%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
ORA Yearly Revenue VS EstimatesORA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 500M 1B 1.5B
ORA Yearly EPS VS EstimatesORA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2 4 6

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Find the best growth stocksShow best growing peers

1

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 47.83, which means the current valuation is very expensive for ORA.
  • Based on the Price/Earnings ratio, ORA is valued a bit cheaper than the industry average as 75.00% of the companies are valued more expensively.
  • ORA's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 27.13.
  • A Price/Forward Earnings ratio of 44.91 indicates a quite expensive valuation of ORA.
  • ORA's Price/Forward Earnings ratio is in line with the industry average.
  • The average S&P500 Price/Forward Earnings ratio is at 28.11. ORA is valued rather expensively when compared to this.
Industry RankSector Rank
PE 47.83
Fwd PE 44.91
ORA Price Earnings VS Forward Price EarningsORA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 50 100 150

4.2 Price Multiples

  • ORA's Enterprise Value to EBITDA ratio is in line with the industry average.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 19.18
ORA Per share dataORA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20 30 40

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates ORA does not grow enough to justify the current Price/Earnings ratio.
  • A more expensive valuation may be justified as ORA's earnings are expected to grow with 12.61% in the coming years.
PEG (NY)7.36
PEG (5Y)8.08
EPS Next 2Y11.13%
EPS Next 3Y12.61%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

5

5. Dividend

5.1 Amount

  • ORA has a yearly dividend return of 0.45%, which is pretty low.
  • Compared to an average industry Dividend Yield of 1.26, ORA pays a bit more dividend than its industry peers.
  • Compared to an average S&P500 Dividend Yield of 1.82, ORA's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 0.45%

5.2 History

  • The dividend of ORA has a limited annual growth rate of 1.80%.
  • ORA has been paying a dividend for at least 10 years, so it has a reliable track record.
  • ORA has decreased its dividend recently.
Dividend Growth(5Y)1.8%
Div Incr Years0
Div Non Decr Years1
ORA Yearly Dividends per shareORA Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.1 0.2 0.3 0.4 0.5

5.3 Sustainability

  • ORA pays out 21.81% of its income as dividend. This is a sustainable payout ratio.
  • The dividend of ORA is growing, but earnings are growing more, so the dividend growth is sustainable.
DP21.81%
EPS Next 2Y11.13%
EPS Next 3Y12.61%
ORA Yearly Income VS Free CF VS DividendORA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 100M -100M -200M -300M
ORA Dividend Payout.ORA Dividend Payout, showing the Payout Ratio.ORA Dividend Payout.PayoutRetained Earnings

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Find the best dividend stocksShow peers with best dividend

ORMAT TECHNOLOGIES INC

NYSE:ORA (3/2/2026, 8:04:00 PM)

Premarket: 105.9 -1.25 (-1.17%)

107.15

+3.45 (+3.33%)

Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Earnings (Last)02-25
Earnings (Next)05-05
Inst Owners91.44%
Inst Owner Change-2.28%
Ins Owners0.29%
Ins Owner Change-1.69%
Market Cap6.52B
Revenue(TTM)989.54M
Net Income(TTM)133.37M
Analysts78.57
Price Target134.64 (25.66%)
Short Float %5.9%
Short Ratio5.38
Dividend
Industry RankSector Rank
Dividend Yield 0.45%
Yearly Dividend0.48
Dividend Growth(5Y)1.8%
DP21.81%
Div Incr Years0
Div Non Decr Years1
Ex-Date03-10
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)17.05%
Min EPS beat(2)8.9%
Max EPS beat(2)25.2%
EPS beat(4)4
Avg EPS beat(4)23.27%
Min EPS beat(4)8.9%
Max EPS beat(4)41.54%
EPS beat(8)8
Avg EPS beat(8)15.11%
EPS beat(12)12
Avg EPS beat(12)21.5%
EPS beat(16)16
Avg EPS beat(16)21.09%
Revenue beat(2)2
Avg Revenue beat(2)4.66%
Min Revenue beat(2)3.8%
Max Revenue beat(2)5.53%
Revenue beat(4)2
Avg Revenue beat(4)1.62%
Min Revenue beat(4)-2.84%
Max Revenue beat(4)5.53%
Revenue beat(8)3
Avg Revenue beat(8)0.35%
Revenue beat(12)4
Avg Revenue beat(12)-1.03%
Revenue beat(16)8
Avg Revenue beat(16)-0.03%
PT rev (1m)7.32%
PT rev (3m)12.72%
EPS NQ rev (1m)0.54%
EPS NQ rev (3m)1.69%
EPS NY rev (1m)-0.58%
EPS NY rev (3m)3.42%
Revenue NQ rev (1m)-0.02%
Revenue NQ rev (3m)-0.29%
Revenue NY rev (1m)-1.56%
Revenue NY rev (3m)2.71%
Valuation
Industry RankSector Rank
PE 47.83
Fwd PE 44.91
P/S 6.91
P/FCF N/A
P/OCF 16.77
P/B 2.6
P/tB 3.16
EV/EBITDA 19.18
EPS(TTM)2.24
EY2.09%
EPS(NY)2.39
Fwd EY2.23%
FCF(TTM)-3.51
FCFYN/A
OCF(TTM)6.39
OCFY5.96%
SpS15.52
BVpS41.25
TBVpS33.86
PEG (NY)7.36
PEG (5Y)8.08
Graham Number45.59
Profitability
Industry RankSector Rank
ROA 2.19%
ROE 5.31%
ROCE 3.25%
ROIC 2.52%
ROICexc 2.56%
ROICexgc 2.79%
OM 18.71%
PM (TTM) 14.12%
GM 28.32%
FCFM N/A
ROA(3y)2.19%
ROA(5y)1.88%
ROE(3y)5.12%
ROE(5y)4.44%
ROIC(3y)2.64%
ROIC(5y)2.96%
ROICexc(3y)2.72%
ROICexc(5y)3.08%
ROICexgc(3y)2.97%
ROICexgc(5y)3.41%
ROCE(3y)3.43%
ROCE(5y)3.8%
ROICexgc growth 3Y-10.43%
ROICexgc growth 5Y-10.51%
ROICexc growth 3Y-9.71%
ROICexc growth 5Y-10.73%
OM growth 3Y-10.15%
OM growth 5Y-6.85%
PM growth 3Y11.77%
PM growth 5Y0.65%
GM growth 3Y-9.04%
GM growth 5Y-6.26%
F-Score5
Asset Turnover0.15
Health
Industry RankSector Rank
Debt/Equity 0.87
Debt/FCF N/A
Debt/EBITDA 4.75
Cap/Depr 211.5%
Cap/Sales 63.8%
Interest Coverage 250
Cash Conversion 84.22%
Profit Quality N/A
Current Ratio 0.77
Quick Ratio 0.67
Altman-Z 1.52
F-Score5
WACC7.51%
ROIC/WACC0.34
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)5.66%
EPS 3Y11.18%
EPS 5Y5.92%
EPS Q2Q%-6.94%
EPS Next Y6.5%
EPS Next 2Y11.13%
EPS Next 3Y12.61%
EPS Next 5Y24.75%
Revenue 1Y (TTM)12.49%
Revenue growth 3Y10.46%
Revenue growth 5Y7.01%
Sales Q2Q%19.65%
Revenue Next Year16.99%
Revenue Next 2Y11.27%
Revenue Next 3Y10.05%
Revenue Next 5Y9.26%
EBIT growth 1Y0.2%
EBIT growth 3Y-0.75%
EBIT growth 5Y-0.32%
EBIT Next Year243.21%
EBIT Next 3Y62.1%
EBIT Next 5Y41.29%
FCF growth 1Y-54.79%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-0.71%
OCF growth 3YN/A
OCF growth 5YN/A

ORMAT TECHNOLOGIES INC / ORA FAQ

What is the ChartMill fundamental rating of ORMAT TECHNOLOGIES INC (ORA) stock?

ChartMill assigns a fundamental rating of 4 / 10 to ORA.


Can you provide the valuation status for ORMAT TECHNOLOGIES INC?

ChartMill assigns a valuation rating of 1 / 10 to ORMAT TECHNOLOGIES INC (ORA). This can be considered as Overvalued.


Can you provide the profitability details for ORMAT TECHNOLOGIES INC?

ORMAT TECHNOLOGIES INC (ORA) has a profitability rating of 5 / 10.


What are the PE and PB ratios of ORMAT TECHNOLOGIES INC (ORA) stock?

The Price/Earnings (PE) ratio for ORMAT TECHNOLOGIES INC (ORA) is 47.83 and the Price/Book (PB) ratio is 2.6.


What is the expected EPS growth for ORMAT TECHNOLOGIES INC (ORA) stock?

The Earnings per Share (EPS) of ORMAT TECHNOLOGIES INC (ORA) is expected to grow by 6.5% in the next year.