Ormat Technologies Financials
| HNM Stock | EUR 77.28 0.34 0.44% |
Ormat |
Understanding current and past Ormat Technologies Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Ormat Technologies' financial statements are interrelated, with each one affecting the others. For example, an increase in Ormat Technologies' assets may result in an increase in income on the income statement.
Ormat Technologies Stock Summary
Ormat Technologies competes with Neoen SA, Encavis AG, TOHOKU EL, and BEIJJINGNENG CLERGHYC1. Ormat Technologies, Inc. engages in the geothermal and recovered energy power business in the United States, Indonesia, Kenya, Turkey, Chile, Guadeloupe, Guatemala, Ethiopia, New Zealand, Honduras, and internationally. Ormat Technologies, Inc. was founded in 1965 and is based in Reno, Nevada. ORMAT TECHNOLOG operates under UtilitiesRenewable classification in Germany and is traded on Frankfurt Stock Exchange. It employs 1402 people.| Foreign Associate | Germany |
| Instrument | Germany Stock View All |
| Exchange | Frankfurt Exchange |
| ISIN | US6866881021 |
| Business Address | 6140 Plumas Street, |
| Sector | Utilities |
| Industry | Utilities—Renewable |
| Benchmark | Dow Jones Industrial |
| Website | www.ormat.com |
| Phone | 775 356 9029 |
| Currency | EUR - Euro |
You should never invest in Ormat Technologies without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Ormat Stock, because this is throwing your money away. Analyzing the key information contained in Ormat Technologies' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Ormat Technologies Key Financial Ratios
There are many critical financial ratios that Ormat Technologies' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Ormat Technologies reports annually and quarterly.| Return On Equity | 0.0385 | |||
| Return On Asset | 0.0257 | |||
| Target Price | 80.33 | |||
| Beta | 0.49 | |||
| Z Score | 1.2 |
Ormat Financial Ratios 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 rated # 3 in return on equity category among its peers. It also is rated # 3 in return on asset category among its peers reporting about 0.67 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Ormat Technologies is roughly 1.50 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Ormat Technologies' earnings, one of the primary drivers of an investment's value.Ormat Technologies Systematic Risk
Ormat Technologies' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Ormat Technologies volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-eight with a total number of output elements of thirty-three. The Beta measures systematic risk based on how returns on Ormat Technologies correlated with the market. If Beta is less than 0 Ormat Technologies generally moves in the opposite direction as compared to the market. If Ormat Technologies Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ormat Technologies is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ormat Technologies is generally in the same direction as the market. If Beta > 1 Ormat Technologies moves generally in the same direction as, but more than the movement of the benchmark.
Ormat Technologies December 3, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Ormat Technologies help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Ormat Technologies. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ormat Technologies based on widely used predictive technical indicators. In general, we focus on analyzing Ormat Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ormat Technologies's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.63 | |||
| Information Ratio | 0.0681 | |||
| Maximum Drawdown | 8.52 | |||
| Value At Risk | (2.28) | |||
| Potential Upside | 2.73 |
Complementary Tools for Ormat Stock analysis
When running Ormat Technologies' price analysis, check to measure Ormat Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ormat Technologies is operating at the current time. Most of Ormat Technologies' value examination focuses on studying past and present price action to predict the probability of Ormat Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ormat Technologies' price. Additionally, you may evaluate how the addition of Ormat Technologies to your portfolios can decrease your overall portfolio volatility.
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