ORMAT TECHNOLOGIES INC (ORA) Stock Fundamental Analysis

NYSE:ORA • US6866881021

115.19 USD
-0.73 (-0.63%)
At close: Feb 23, 2026
115.79 USD
+0.6 (+0.52%)
Pre-Market: 2/24/2026, 8:37:04 AM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

4

Overall ORA gets a fundamental rating of 4 out of 10. We evaluated ORA against 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.
  • ORA had a positive operating cash flow in the past year.
  • Each year in the past 5 years ORA has been profitable.
  • In the past 5 years ORA always reported a positive cash flow from operatings.
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 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 75.00% of the companies in the same industry.
  • ORA has a Return On Equity (5.31%) which is in line with its industry peers.
  • ORA's Return On Invested Capital of 2.52% is fine compared to the rest of the industry. ORA outperforms 65.00% of its industry peers.
  • ORA had an Average Return On Invested Capital over the past 3 years of 2.95%. This is in line with the industry average of 3.99%.
Industry RankSector Rank
ROA 2.19%
ROE 5.31%
ROIC 2.52%
ROA(3y)2%
ROA(5y)1.92%
ROE(3y)4.67%
ROE(5y)4.42%
ROIC(3y)2.95%
ROIC(5y)3.25%
ORA Yearly ROA, ROE, ROICORA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2 4 6 8 10

1.3 Margins

  • Looking at the Profit Margin, with a value of 14.12%, ORA is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
  • ORA's Profit Margin has improved 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.
  • In the last couple of years the Operating Margin of ORA has declined.
  • Looking at the Gross Margin, with a value of 28.32%, ORA is doing worse than 65.00% of the companies in the same industry.
  • In the last couple of years the Gross Margin of ORA has declined.
Industry RankSector Rank
OM 18.71%
PM (TTM) 14.12%
GM 28.32%
OM growth 3Y-8.17%
OM growth 5Y-5.33%
PM growth 3Y14.53%
PM growth 5Y3.56%
GM growth 3Y-8.05%
GM growth 5Y-3%
ORA Yearly Profit, Operating, Gross MarginsORA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30 40

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ROAROEROICOperating and Profit MarginShow most profitable peers

1

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ORA is destroying value.
  • Compared to 1 year ago, ORA has more shares outstanding
  • The number of shares outstanding for ORA has been increased compared to 5 years ago.
  • Compared to 1 year ago, ORA has a worse debt to assets ratio.
ORA Yearly Shares OutstandingORA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 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 1B 2B 3B 4B 5B

2.2 Solvency

  • ORA has an Altman-Z score of 1.60. This is a bad value and indicates that ORA is not financially healthy and even has some risk of bankruptcy.
  • With a decent Altman-Z score value of 1.60, ORA is doing good in the industry, outperforming 75.00% of the companies in the same industry.
  • A Debt/Equity ratio of 0.87 indicates that ORA is somewhat dependend on debt financing.
  • ORA's Debt to Equity ratio of 0.87 is fine compared to the rest of the industry. ORA outperforms 65.00% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.87
Debt/FCF N/A
Altman-Z 1.6
ROIC/WACC0.33
WACC7.65%
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 0 500M 1B 1.5B 2B

2.3 Liquidity

  • A Current Ratio of 0.77 indicates that ORA may have some problems paying its short term obligations.
  • ORA has a worse Current ratio (0.77) than 65.00% of its industry peers.
  • 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 has a worse Quick ratio (0.67) than 70.00% 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 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 grown by an nice 15.08% over the past year.
  • ORA shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 7.89% yearly.
  • ORA shows a small growth in Revenue. In the last year, the Revenue has grown by 6.07%.
  • Measured over the past years, ORA shows a small growth in Revenue. The Revenue has been growing by 3.35% on average per year.
EPS 1Y (TTM)15.08%
EPS 3Y15.39%
EPS 5Y7.89%
EPS Q2Q%13.89%
Revenue 1Y (TTM)6.07%
Revenue growth 3Y9.88%
Revenue growth 5Y3.35%
Sales Q2Q%17.92%

3.2 Future

  • The Earnings Per Share is expected to grow by 23.13% on average over the next years. This is a very strong growth
  • The Revenue is expected to grow by 9.82% on average over the next years. This is quite good.
EPS Next Y4.46%
EPS Next 2Y8.14%
EPS Next 3Y9.53%
EPS Next 5Y23.13%
Revenue Next Year9.9%
Revenue Next 2Y12.95%
Revenue Next 3Y10.02%
Revenue Next 5Y9.82%

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 8

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Find the best growth stocksShow best growing peers

1

4. Valuation

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 50.30, ORA can be considered very expensive at the moment.
  • 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 is valuated expensively when we compare the Price/Earnings ratio to 26.64, which is the current average of the S&P500 Index.
  • With a Price/Forward Earnings ratio of 46.47, ORA can be considered very expensive at the moment.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of ORA is on the same level as its industry peers.
  • ORA is valuated expensively when we compare the Price/Forward Earnings ratio to 27.75, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 50.3
Fwd PE 46.47
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 is on the same level as the industry average.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 20.22
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 an expensive valuation of the company.
PEG (NY)11.29
PEG (5Y)6.37
EPS Next 2Y8.14%
EPS Next 3Y9.53%

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

5

5. Dividend

5.1 Amount

  • With a yearly dividend of 0.40%, ORA is not a good candidate for dividend investing.
  • 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 1.80, ORA's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 0.4%

5.2 History

  • The dividend of ORA has a limited annual growth rate of 1.80%.
  • ORA has paid a dividend for at least 10 years, which is a reliable track record.
  • The dividend of ORA decreased 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 0.1 0.2 0.3 0.4 0.5

5.3 Sustainability

  • 21.81% of the earnings are spent on dividend by ORA. This is a low number and sustainable payout ratio.
  • The dividend of ORA is growing, but earnings are growing more, so the dividend growth is sustainable.
DP21.81%
EPS Next 2Y8.14%
EPS Next 3Y9.53%
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 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 (2/23/2026, 8:07:42 PM)

Premarket: 115.79 +0.6 (+0.52%)

115.19

-0.73 (-0.63%)

Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Earnings (Last)11-03
Earnings (Next)02-25
Inst Owners91.44%
Inst Owner Change-1.35%
Ins Owners0.29%
Ins Owner Change-1.69%
Market Cap7.00B
Revenue(TTM)944.25M
Net Income(TTM)133.37M
Analysts81.43
Price Target128.83 (11.84%)
Short Float %6.1%
Short Ratio6.11
Dividend
Industry RankSector Rank
Dividend Yield 0.4%
Yearly Dividend0.48
Dividend Growth(5Y)1.8%
DP21.81%
Div Incr Years0
Div Non Decr Years1
Ex-DateN/A
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)2.68%
PT rev (3m)7.86%
EPS NQ rev (1m)0.6%
EPS NQ rev (3m)1.14%
EPS NY rev (1m)0.2%
EPS NY rev (3m)1.54%
Revenue NQ rev (1m)-0.02%
Revenue NQ rev (3m)-0.29%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.2%
Valuation
Industry RankSector Rank
PE 50.3
Fwd PE 46.47
P/S 7.41
P/FCF N/A
P/OCF 18.01
P/B 2.79
P/tB 3.4
EV/EBITDA 20.22
EPS(TTM)2.29
EY1.99%
EPS(NY)2.48
Fwd EY2.15%
FCF(TTM)-3.52
FCFYN/A
OCF(TTM)6.39
OCFY5.55%
SpS15.54
BVpS41.29
TBVpS33.89
PEG (NY)11.29
PEG (5Y)6.37
Graham Number46.13
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%
ROA(5y)1.92%
ROE(3y)4.67%
ROE(5y)4.42%
ROIC(3y)2.95%
ROIC(5y)3.25%
ROICexc(3y)3.03%
ROICexc(5y)3.47%
ROICexgc(3y)3.34%
ROICexgc(5y)3.83%
ROCE(3y)3.78%
ROCE(5y)4.15%
ROICexgc growth 3Y-11.23%
ROICexgc growth 5Y-12.21%
ROICexc growth 3Y-10.01%
ROICexc growth 5Y-12.56%
OM growth 3Y-8.17%
OM growth 5Y-5.33%
PM growth 3Y14.53%
PM growth 5Y3.56%
GM growth 3Y-8.05%
GM growth 5Y-3%
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 1.6
F-Score5
WACC7.65%
ROIC/WACC0.33
Cap/Depr(3y)248.02%
Cap/Depr(5y)235.6%
Cap/Sales(3y)68.92%
Cap/Sales(5y)63.09%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)15.08%
EPS 3Y15.39%
EPS 5Y7.89%
EPS Q2Q%13.89%
EPS Next Y4.46%
EPS Next 2Y8.14%
EPS Next 3Y9.53%
EPS Next 5Y23.13%
Revenue 1Y (TTM)6.07%
Revenue growth 3Y9.88%
Revenue growth 5Y3.35%
Sales Q2Q%17.92%
Revenue Next Year9.9%
Revenue Next 2Y12.95%
Revenue Next 3Y10.02%
Revenue Next 5Y9.82%
EBIT growth 1Y0.2%
EBIT growth 3Y0.91%
EBIT growth 5Y-2.16%
EBIT Next Year190.57%
EBIT Next 3Y52.42%
EBIT Next 5Y37.5%
FCF growth 1Y40.44%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y58.66%
OCF growth 3Y16.66%
OCF growth 5Y11.68%

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 50.3 and the Price/Book (PB) ratio is 2.79.


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 4.46% in the next year.