Company Valuation: Ormat Technologies, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 4,441 4,850 4,574 4,097 6,715 7,846 - -
Change - 9.22% -5.69% -10.44% 63.9% 16.86% - -
Enterprise Value (EV) 1 6,074 6,650 6,375 6,314 9,151 10,553 10,645 10,622
Change - 9.49% -4.14% -0.96% 44.95% 15.31% 0.87% -0.22%
P/E 72.1x 73.9x 36.4x 33.2x 54.7x 67.8x 51.9x 41.7x
PBR 2.4x 2.6x 1.98x 1.69x 2.64x 2.72x 2.58x 2.56x
PEG - 11.61x 0.5x -17.26x -55.79x -10.02x 1.7x 1.7x
Capitalization / Revenue 6.7x 6.61x 5.51x 4.66x 6.79x 6.85x 6.72x 6.02x
EV / Revenue 9.16x 9.06x 7.69x 7.18x 9.25x 9.21x 9.12x 8.15x
EV / EBITDA 15.1x 15.3x 13.2x 11.5x 15.7x 16.7x 15.7x 14.2x
EV / EBIT 35.9x 43.5x 38.3x 36.6x 54.1x 54.5x 49.8x 42.2x
EV / FCF -37.9x -23.5x -20.6x -82.3x -32.1x -63.5x 123x 55.9x
FCF Yield -2.64% -4.25% -4.85% -1.22% -3.11% -1.58% 0.81% 1.79%
Dividend per Share 2 0.48 0.48 0.48 0.48 0.48 0.4796 0.4939 0.5046
Rate of return 0.61% 0.56% 0.63% 0.71% 0.43% 0.38% 0.39% 0.4%
EPS 2 1.1 1.17 2.08 2.04 2.02 1.883 2.459 3.064
Distribution rate 43.6% 41% 23.1% 23.5% 23.8% 25.5% 20.1% 16.5%
Net sales 1 663.1 734.2 829.4 879.7 989.5 1,146 1,168 1,303
EBITDA 1 401.4 435.5 481.7 550.5 582 633.3 678.9 745.4
EBIT 1 169.4 152.8 166.6 172.5 169.2 193.7 213.8 251.6
Net income 1 62.09 65.84 124.4 123.7 123.9 116.7 153.1 191.9
Net Debt 1 1,633 1,800 1,801 2,217 2,437 2,707 2,798 2,775
Reference price 2 79.30 86.48 75.79 67.72 110.47 127.68 127.68 127.68
Nbr of stocks (in thousands) 56,002 56,085 60,354 60,494 60,782 61,454 - -
Announcement Date 2/23/22 2/22/23 2/21/24 2/26/25 2/25/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
67.8x9.21x16.66x0.38% 7.85B
-89.1x6.93x13.6x4.21% 12.8B
25.1x3.89x9.1x0.33% 8.74B
-20.65x173.59x-50.43x-.--% 6.06B
24.47x3.93x12.95x4.13% 5.95B
997.18x5.04x13.95x-.--% 1.06B
17.91x4.25x13.42x2.73% 1.03B
16.4x7.49x14.35x - 840M
8.57x13.18x16x5.08% 669M
Average 116.41x 25.28x 6.62x 2.11% 5B
Weighted average by Cap. 16.18x 28.77x 4.61x 2.05%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. ORA Stock
  4. Valuation Ormat Technologies, Inc.
-40%: Exceptional extension
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