Ormat Financial Statements From 2010 to 2024
| ORA Stock | 29,500 10.00 0.03% |
Check Ormat Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ormat Technologies' main balance sheet or income statement drivers, such as , as well as many indicators such as . Ormat financial statements analysis is a perfect complement when working with Ormat Technologies Valuation or Volatility modules.
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Ormat Technologies Company Return On Equity Analysis
Ormat Technologies' Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Ormat Technologies Return On Equity | 0.0401 |
Most of Ormat Technologies' fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Ormat Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Based on the latest financial disclosure, Ormat Technologies has a Return On Equity of 0.0401. This is 99.31% lower than that of the Utilities sector and 99.64% lower than that of the Utilities - Independent Power Producers industry. The return on equity for all Israel stocks is 112.94% lower than that of the firm.
Ormat Technologies Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Ormat Technologies's current stock value. Our valuation model uses many indicators to compare Ormat Technologies value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ormat Technologies competition to find correlations between indicators driving Ormat Technologies's intrinsic value. More Info.Ormat Technologies is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about 0.63 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Ormat Technologies is roughly 1.59 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Ormat Technologies by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ormat Technologies' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About Ormat Technologies Financial Statements
Ormat Technologies stakeholders use historical fundamental indicators, such as Ormat Technologies' revenue or net income, to determine how well the company is positioned to perform in the future. Although Ormat Technologies investors may analyze each financial statement separately, they are all interrelated. For example, changes in Ormat Technologies' assets and liabilities are reflected in the revenues and expenses on Ormat Technologies' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Ormat Technologies. Please read more on our technical analysis and fundamental analysis pages.
Ormat Technologies, Inc. engages in the geothermal and recovered energy power business in the United States, Indonesia, Kenya, Turkey, Chile, Guatemala, New Zealand, and internationally. Ormat Technologies, Inc. was founded in 1965 and is based in Reno, Nevada. ORMAT TECHNOLOGIES operates under Utilities - Independent Power Producers classification in Israel and is traded on Tel Aviv Stock Exchange. It employs 1346 people.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Information and Resources on Investing in Ormat Stock
When determining whether Ormat Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ormat Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ormat Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ormat Technologies Stock:Check out the analysis of Ormat Technologies Correlation against competitors. For information on how to trade Ormat Stock refer to our How to Trade Ormat Stock guide.You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.