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 5,986 - -
Change - 9.22% -5.69% -10.44% 63.9% -10.85% - -
Enterprise Value (EV) 1 6,074 6,650 6,375 6,314 9,151 8,730 8,932 9,165
Change - 9.49% -4.14% -0.96% 44.95% -4.61% 2.31% 2.61%
P/E 72.1x 73.9x 36.4x 33.2x 54.7x 48.2x 39.2x 29.6x
PBR 2.4x 2.6x 1.98x 1.69x 2.64x 2.11x 2.03x 1.88x
PEG - 11.61x 0.5x -17.26x -55.79x 893.25x 1.7x 0.9x
Capitalization / Revenue 6.7x 6.61x 5.51x 4.66x 6.79x 5.08x 5.19x 4.67x
EV / Revenue 9.16x 9.06x 7.69x 7.18x 9.25x 7.41x 7.74x 7.15x
EV / EBITDA 15.1x 15.3x 13.2x 11.5x 15.7x 13.5x 13x 12.1x
EV / EBIT 35.9x 43.5x 38.3x 36.6x 54.1x 43.8x 41.1x 34.8x
EV / FCF -37.9x -23.5x -20.6x -82.3x -32.1x -31.9x -24.5x -35.2x
FCF Yield -2.64% -4.25% -4.85% -1.22% -3.11% -3.13% -4.07% -2.84%
Dividend per Share 2 0.48 0.48 0.48 0.48 0.48 0.4796 0.4796 0.4796
Rate of return 0.61% 0.56% 0.63% 0.71% 0.43% 0.49% 0.49% 0.49%
EPS 2 1.1 1.17 2.08 2.04 2.02 2.021 2.484 3.29
Distribution rate 43.6% 41% 23.1% 23.5% 23.8% 23.7% 19.3% 14.6%
Net sales 1 663.1 734.2 829.4 879.7 989.5 1,178 1,154 1,281
EBITDA 1 401.4 435.5 481.7 550.5 582 645.1 685.6 758.4
EBIT 1 169.4 152.8 166.6 172.5 169.2 199.5 217.4 263.3
Net income 1 62.09 65.84 124.4 123.7 123.9 126.2 156 206.8
Net Debt 1 1,633 1,800 1,801 2,217 2,437 2,744 2,946 3,178
Reference price 2 79.30 86.48 75.79 67.72 110.47 97.34 97.34 97.34
Nbr of stocks (in thousands) 56,002 56,085 60,354 60,494 60,782 61,497 - -
Announcement Date 23/2/22 22/2/23 21/2/24 26/2/25 25/2/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
48.16x7.41x13.53x0.49% 5.99B
-24.93x6.6x12.36x5.26% 10.34B
19.31x3.57x8.12x0.16% 7.99B
21.54x3.66x11.14x4.84% 5.3B
-10.02x91.82x-83.72x-.--% 3.19B
22.12x5.3x16.24x2.52% 1.33B
15.74x8.81x16.03x - 878M
695.65x4.63x13.29x-.--% 697M
5.88x - - - 641M
7.63x12.78x15.9x5.55% 593M
Average 80.11x 16.06x 2.54x 2.35% 3.69B
Weighted average by Cap. 21.75x 13.19x 3.31x 2.57%

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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