Ormat Technologies Financials
| ORA Stock | 29,500 10.00 0.03% |
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.
Please note, the presentation of Ormat Technologies' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Ormat Technologies' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Ormat Technologies' management manipulating its earnings.
Ormat Technologies Stock Summary
Ormat Technologies competes with Elbit Systems, Nice, Tower Semiconductor, Nova, and Enlight Renewable. 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.| Foreign Associate | USA |
| Instrument | Israel Stock View All |
| Exchange | Tel Aviv Stock Exchange |
| ISIN | US6866881021 |
| Business Address | 6140 Plumas Street, |
| Sector | Utilities |
| Industry | Utilities - Independent Power Producers |
| Benchmark | Dow Jones Industrial |
| Website | www.ormat.com |
| Phone | 775 356 9029 |
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
Ormat Technologies' financial ratios allow both analysts and investors to convert raw data from Ormat Technologies' financial statements into concise, actionable information that can be used to evaluate the performance of Ormat Technologies over time and compare it to other companies across industries.| Return On Equity | 0.0401 | |||
| Return On Asset | 0.0252 | |||
| Beta | 0.49 | |||
| Z Score | 7.2 | |||
| Last Dividend Paid | 0.48 |
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 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.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 thirty-six with a total number of output elements of twenty-five. 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 Thematic Clasifications
Ormat Technologies is part of IT investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Information technology and IT services. Information Technology (IT) companies and IT service providers across different domains
This theme covers Information technology and IT services. Information Technology (IT) companies and IT service providers across different domains. Get More Thematic Ideas
| IT | View |
Ormat Technologies November 22, 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 | 1.61 | |||
| Information Ratio | 4.0E-4 | |||
| Maximum Drawdown | 6.88 | |||
| Value At Risk | (2.20) | |||
| Potential Upside | 2.38 |
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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