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Ormat Technologies ORA
$ 114.76 1.08%
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Quarterly report 2026-Q2
added 08-06-2026

Ormat Technologies Financial Ratios 2025-2007 | ORA

Brief overview of Ormat Technologies's market valuation

This overview follows the five latest available observations from 2021 through 2025.

Market valuation is represented by P/E 51.19x (median 51.19x), EV/EBITDA 21.48x (median 16.99x), P/S 6.57x (median 5.75x). On average, this basket is 26.4% above its own five-year medians. The market is pricing in elevated future expectations.

Current earnings relative to valuation equal about 2% on the 1/P/E measure. This is a valuation reference, not an expected payout.

Current measures of operating quality are ROE 5%, ROA 2%, ROCE 6.7%. Efficiency ratios are restrained, with capital and assets producing modest returns.

The cash conversion cycle decreased 16.4 days to 18.6 days, supporting working-capital efficiency.

Valuation takeaway

Ormat Technologies's multiples are demanding relative to current business quality. Material improvement is needed to justify them.

Annual Financial Ratios Ormat Technologies

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007

P/E

 51.2 32.0 28.7 60.0 61.4 68.3 46.9 29.0 22.7 28.2 14.4 22.5 27.6 -4.6 -18.5 33.5 27.3 50.5 -

P/S

 6.6 4.8 4.6 6.4 5.7 63485.3 5.5 4.0 5.1 4.0 2.9 2.2 2.1 1.9 1.8 8991.4 - - -

EPS

 2.0 2.0 2.1 1.2 1.1 1.7 1.7 1.9 2.6 1.8 2.5 1.2 0.9 -4.7 -0.9 0.8 1.5 1.0 -

EV (Enterprise Value)

 9.91 B 7.21 B 6.38 B 7.15 B 5.99 B 7.34 B 5.8 B 4.42 B 4.75 B 3.71 B 2.74 B 2.51 B 2.5 B 2.28 B 2.1 B 2.27 B 2.79 B 2.17 B -47.2 M

EBITDA per Share

 7.6 7.2 6.59 6.27 6.29 7.19 6.73 6.53 6.36 6.28 5.62 5.69 4.27 4.1 3.53 2.43 2.89 2.51 -

EV/EBITDA

 21.5 16.6 16.3 20.3 17.0 19.7 15.5 12.1 13.6 10.8 9.0 8.4 11.1 10.3 10.6 20.5 21.3 19.6 -

PEG

 36.15 19.3 68.62 -1017.91 244.44 13.34 -4.53 -0.68 0.29 -1.24 0.13 0.72 0.23 0.01 0.09 - - - -

P/B

 2.4 1.6 1.6 2.3 1.9 3.0 3.0 2.2 2.9 2.5 1.7 1.6 1.6 1.4 0.9 1.3 2.1 - -

P/CF

 19.4 10.2 12.3 16.6 14.7 22.0 -95.0 -25.2 -242.9 359.7 46.4 19.7 -9.7 -6.7 -5.7 12.3 17.0 - -

ROE %

 4.99 5.41 5.75 4.17 3.11 4.40 6.33 7.42 12.58 8.71 12.08 6.99 5.63 -29.70 -4.79 3.97 7.28 5.15 -

ROA %

 2.03 2.32 2.56 1.69 1.40 2.20 2.71 3.14 6.01 3.82 5.21 2.55 1.91 -9.86 -1.86 1.83 3.69 - -

ROCE %

 6.65 7.11 7.19 8.18 8.47 11.02 6.74 7.20 8.98 9.02 7.87 8.30 5.12 4.46 3.02 2.51 7.05 5.98 -

Current Ratio

 1.8 1.8 1.9 1.8 1.8 2.0 1.1 1.3 1.1 2.5 2.0 1.3 1.6 1.3 1.5 1.9 2.0 - -

DSO

 60.6 77.3 74.3 62.6 74.9 602438.5 105.2 101.0 87.0 82.9 54.2 57.6 87.9 52.9 54.5 141690.9 - - -

DIO

 21.2 25.0 21.9 20.1 29.2 29.9 26.8 36.6 16.8 11.2 17.5 17.4 21.8 19.9 14.3 17.3 9.7 - -

DPO

 63.3 79.8 70.4 59.9 69.1 63.4 56.1 45.8 55.3 45.0 40.1 49.5 48.5 49.3 79.7 32.1 - - -

Operating Cycle

 81.9 102.3 96.2 82.7 104.1 602468.3 131.9 137.7 103.8 94.1 71.7 75.0 109.7 72.8 68.8 141708.2 9.7 - -

Cash Conversion Cycle

 18.6 22.5 25.7 22.8 35.0 602404.9 75.8 91.9 48.5 49.1 31.6 25.5 61.2 23.5 -10.9 141676.1 9.7 - -

All numbers in USD currency

Quarterly Financial Ratios Ormat Technologies

2026-Q2 2026-Q1 2025-Q3 2025-Q2 2025-Q1 2024-Q4 2024-Q3 2024-Q2 2024-Q1 2023-Q4 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1 2010-Q3 2010-Q2

EPS

 0.44 0.72 0.4 0.46 0.67 - 0.37 0.37 0.64 - 0.59 0.4 0.51 - 0.32 0.2 0.33 - 0.27 0.23 0.27 0.39 0.31 0.45 0.51 0.25 0.31 0.67 0.51 0.36 0.21 -0.01 1.37 1.28 0.48 0.17 0.71 0.47 0.24 0.48 0.6 0.47 1.47 0.29 0.21 0.15 0.37 0.2 0.47 0.18 0.29 0.55 -0.11 -4.89 -0.01 0.19 0.17 -0.95 0.02 0.18 -0.2 - -

EBITDA per Share

 1.85 2.57 1.9 1.74 1.99 - 1.69 1.64 1.9 - - - 1.87 - 2.88 0.69 1.66 - 3.04 0.51 1.64 1 3.28 2.41 1.92 1.07 2.95 2.37 1.79 1.34 2.45 1.98 1.68 0.96 2.48 2.15 1.74 1.03 2.54 2.09 1.56 1 2.59 1.87 1.17 0.76 2.6 1.56 1.45 0.48 2.22 1.84 0.68 -4.86 1.93 1.63 1.11 0.38 2.1 1.48 0.58 1.75 0.94

ROE %

 4.84 5.44 4.61 4.53 4.97 3.33 4.80 4.93 5.37 3.81 4.72 3.81 3.72 2.39 3.15 2.95 3.22 2.31 3.46 3.57 4.13 4.73 4.49 4.74 5.90 6.33 6.80 6.48 4.02 7.42 11.38 12.55 13.29 10.93 7.76 6.90 8.39 8.23 8.38 14.56 13.81 12.07 10.65 5.50 5.22 6.99 7.21 6.84 9.10 5.63 -27.46 -60.16 -94.54 -92.71 -65.49 -34.46 -2.61 -4.75 3.48 3.22 -1.00 3.47 -0.16

ROA %

 1.91 2.20 1.95 1.96 2.19 1.50 2.21 2.29 2.47 1.77 2.17 1.71 1.64 1.07 1.41 1.35 1.50 1.08 1.61 1.67 1.92 2.20 2.05 2.13 2.58 2.71 2.91 2.77 1.71 3.14 5.02 5.59 5.93 5.05 3.53 3.10 3.74 3.60 3.67 6.35 6.02 5.26 4.58 2.18 1.98 2.55 2.60 2.42 3.16 1.91 -9.12 -19.93 -31.30 -30.68 -21.89 -11.65 -1.10 -1.86 1.65 1.54 -0.39 1.65 -0.07

ROCE %

 7.47 8.22 6.52 6.31 7.02 4.95 6.51 6.10 7.13 5.00 6.95 7.34 8.57 6.14 7.96 7.58 8.38 6.14 9.08 10.12 11.22 11.85 12.82 12.74 13.44 13.92 15.16 14.34 13.75 14.03 12.87 14.54 16.15 16.92 17.69 18.54 18.97 18.74 18.93 19.14 18.23 16.55 16.09 17.05 16.02 18.50 16.98 15.39 17.68 13.23 -21.49 -23.80 -25.43 -22.77 10.91 11.85 10.46 7.11 6.78 4.34 0.35 1.59 0.26

Current Ratio

 1.7 1.7 1.8 1.8 1.8 1.8 1.8 1.8 - 1.9 1.9 1.9 1.9 1.8 1.8 - 1.9 1.8 1.8 2.1 2.0 2.0 2.0 2.0 2.0 1.9 1.9 1.9 1.9 1.9 1.9 1.9 1.9 2.0 2.0 2.0 2.0 1.9 1.9 1.9 1.9 1.9 1.9 1.9 1.9 1.6 1.6 1.6 1.6 1.5 1.5 1.5 1.5 1.5 1.6 1.5 1.5 1.6 1.6 1.6 1.6 1.9 1.9

DSO

 60.6 36.3 55.6 63.9 67.0 - 64.7 31.6 42.5 - 68.6 68.5 67.2 - 30.4 31.4 59.5 - 19543.7 20919.5 24317.7 75.9 85.6 77.8 72.1 73.3 82.7 76.6 67.0 65.9 75.4 70.4 61.5 60.6 64.1 56.2 45.9 44.3 39.9 46.1 41.0 29.5 31.0 35.9 39.4 29.7 31.6 34.8 46.1 66.5 66.6 57.0 58.0 53.4 46.9 40.1 36.9 37.8 42.2 44.7 51.5 - -

DIO

 22.3 14.5 22.0 22.4 23.3 - 27.5 13.4 14.1 - 25.5 26.2 28.5 - 11.8 13.5 24.6 - 26.6 32.2 36.3 30.9 30.7 29.4 29.1 27.0 27.7 26.8 29.2 41.2 34.9 34.0 26.6 17.5 18.2 16.4 12.5 11.0 9.9 11.6 15.6 15.4 15.9 18.4 21.0 16.4 18.2 17.6 20.1 23.1 22.4 19.9 21.3 20.1 18.5 21.3 16.4 12.6 15.2 16.0 15.0 17.8 -

DPO

 - - - - - - - - - - - - - - - - 30.1 - - - 37.3 33.1 - - 30.3 28.3 - - 20.6 25.8 - - 26.5 28.8 - - 19.1 22.1 - - 21.5 17.6 - - 28.9 23.3 - - 25.4 25.7 - - 25.4 24.9 - - 34.5 35.1 - - - - -

Operating Cycle

 - - 77.6 86.3 90.4 - 92.2 - - - 94.1 94.6 95.8 - 42.3 44.9 84.1 - 19570.3 20951.7 24354.0 106.8 116.4 107.3 101.2 100.3 110.4 103.4 96.2 107.1 110.3 104.4 88.1 78.0 82.3 72.6 58.4 55.2 49.9 57.8 56.6 44.9 46.9 54.3 60.4 46.1 49.9 52.4 66.2 89.6 88.9 76.9 79.2 73.4 65.3 61.4 53.2 50.4 57.5 60.7 - - -

Cash Conversion Cycle

 - - 77.6 86.3 90.4 - 92.2 - - - 94.1 94.6 95.8 - 42.3 44.9 53.9 - 19570.3 20951.7 24316.7 73.6 116.4 107.3 70.9 72.0 110.4 103.4 75.6 81.4 110.3 104.4 61.6 49.3 82.3 72.6 39.3 33.2 49.9 57.8 35.1 27.3 46.9 54.3 31.5 22.8 49.9 52.4 40.8 63.9 88.9 76.9 53.8 48.5 65.3 61.4 18.8 15.3 57.5 60.7 - - -

All numbers in USD currency

Multiples are an important financial analysis tool for the company Ormat Technologies, allowing investors and analysts to quickly assess the company’s value and investment attractiveness based on the ratio of market indicators to the company’s financial performance. Essentially, multiples express how the market values the company relative to its earnings, revenue, equity, or other key metrics.

Advantages of Using Financial Ratios
  • Simplified Data Analysis
    Financial ratios transform large volumes of accounting data into compact and easily interpretable indicators, significantly simplifying the assessment of the company’s condition.
  • Comparability Between Companies
    Multiples standardize financial metrics, enabling objective comparison of companies of different sizes, industries, and market capitalizations.
  • Identification of Trends and Issues
    Regular analysis of ratios helps track the dynamics of financial health, identify strengths and weaknesses of the business, as well as potential risks.
  • Decision Support
    Financial multiples serve as an important tool for investors, creditors, and company management in making investment, credit, and managerial decisions.
  • Accelerated Assessment of Investment Attractiveness
    Ratios allow quick determination of key performance, liquidity, and financial stability indicators, facilitating prompt evaluation of companies’ attractiveness for investments.

Using multiples enables comparison between companies, even if they differ in size or industry, as they standardize financial data into ratios convenient for analysis. This is especially useful for evaluating companies where direct analysis of financial statements may be complex or require in-depth knowledge.

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