Stock AnalizOrmat Technologies, Inc. ORA
Electric Utilities: Central · IPO 2004 · data as of November 13, 2026
Ormat Technologies, Inc. (ORA) is a utility company listed in the US with a market value of about $5.6B. In the twelve months to September 30, 2026 it had revenue of $1.2B and net income of $134M, a net margin of 11.1%.
Its overall Stock Analiz score is 1.4 out of 5 (weak). The strongest part is shareholder returns (3/5); the weakest is value (0/5).
Key numbers: a P/E of 41.9, 5-year revenue growth of 7% a year, a 5-year average ROIC of 3%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 90% below the current price.
Score: 1.4 / 5
Checks passed
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- Profitable 5 years in a row
- Liabilities below 60% of assets
- Pays a dividend
- Dividend 3 years in a row
- Stock-based pay below 5% of revenue
Checks not passed
- P/E below 25
- P/E below the industry median
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- Profit margin improving
- 3-year free cash flow growth above 10% a year
- Strong R&D investment or growth above 20%
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.2B | $990M | $880M | $829M | $734M | $663M | $705M | $746M | $719M | $693M | $663M |
| Net income | $134M | $124M | $124M | $124M | $66M | $62M | $85M | $88M | $98M | $132M | $89M |
| Free cash flow | -$236M | -$285M | -$77M | -$309M | -$283M | -$160M | -$56M | -$43M | -$113M | -$14M | $7M |
| EPS (diluted) | $2.16 | $2.02 | $2.04 | $2.08 | $1.17 | $1.10 | $1.65 | $1.72 | $1.92 | $2.61 | $1.77 |
| Net margin | 11.1% | 12.5% | 14.1% | 15.0% | 9.0% | 9.4% | 12.1% | 11.8% | 13.6% | 19.1% | 13.4% |
| ROIC | — | 2.5% | 2.8% | 3.7% | 3.3% | 3.4% | 3.9% | 5.0% | 5.7% | 8.6% | 7.3% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 13 analysts is $116.46, 29% above the current price; targets range from $99.00 to $145.00; the consensus rating is “Buy”; expected EPS is $2.91 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is Ormat Technologies’s P/E ratio?
About 41.9, based on the last twelve months of diluted earnings per share (forward P/E about 35.1).
Is Ormat Technologies stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 90% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Ormat Technologies pay a dividend?
Yes. The dividend yield is about 0.51%, and it has paid dividends for 10 years in our data.
Is Ormat Technologies a good stock to buy?
We do not give buy or sell advice. Ormat Technologies scores 1.4 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
Similar companies
Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.