David Granot - Ormat Technologies Independent Director

ORA Stock  USD 80.74  0.66  0.82%   

Director

Mr. David Granot serves as Independent Director at Ormat Technologies, Inc. since May 22, 2012 since 2012.
Age 73
Tenure 12 years
Professional MarksMBA
Address 6140 Plumas Street, Reno, NV, United States, 89519-6075
Phone775 356 9029
Webhttps://www.ormat.com

Latest Insider Transactions

2024-05-30Disposed of 686 shares @ 73.46View
Granot has served as the Temporary Acting Chairman of Bezeq Israeli Telecommunication Co. Ltd. since July 2017 to May 2018 and as a board member there since. From 2001 through 2007, Mr. Granot served as the Chief Executive Officer of the First International Bank of Israel Ltd. He also serves on the board of directors of nonUnited States public companies Alrov Ltd., Tempo Beverages Ltd., Protalix Ltd. and Jerusalem Economy Ltd. and on the board of directors of Geregu Power PLC . During the past five years, Mr. Granot served as a member of the board of directors of the following nonU.S. public and private companies, for which he no longer serves as a director: Harel Insurance, Investment and Finance Ltd., DIKLA Insurance Ltd. He earned a BA in Economics and an MBA from the Hebrew University in Jerusalem.

David Granot Latest Insider Activity

Tracking and analyzing the buying and selling activities of David Granot against Ormat Technologies stock is an integral part of due diligence when investing in Ormat Technologies. David Granot insider activity provides valuable insight into whether Ormat Technologies is net buyers or sellers over its current business cycle. Note, Ormat Technologies insiders must abide by specific rules, including filing SEC forms every time they buy or sell Ormat Technologies'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Ormat Technologies Management Efficiency

The company has Return on Asset of 0.0212 % which means that on every $100 spent on assets, it made $0.0212 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0516 %, implying that it generated $0.0516 on every 100 dollars invested. Ormat Technologies' management efficiency ratios could be used to measure how well Ormat Technologies manages its routine affairs as well as how well it operates its assets and liabilities. At present, Ormat Technologies' Return On Capital Employed is projected to slightly decrease based on the last few years of reporting. The current year's Return On Equity is expected to grow to 0.06, whereas Return On Tangible Assets are forecasted to decline to 0.02. At present, Ormat Technologies' Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 4.8 B, whereas Other Assets are forecasted to decline to about 132.5 M.
Ormat Technologies has 2.12 B in debt with debt to equity (D/E) ratio of 1.05, which is OK given its current industry classification. Ormat Technologies has a current ratio of 1.63, which is typical for the industry and considered as normal. Note however, debt could still be an excellent tool for Ormat to invest in growth at high rates of return.

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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 Technologies operates under UtilitiesRenewable classification in the United States and is traded on New York Stock Exchange. It employs 1385 people. Ormat Technologies (ORA) is traded on New York Stock Exchange in USA. It is located in 6140 Plumas Street, Reno, NV, United States, 89519-6075 and employs 1,576 people. Ormat Technologies is listed under Independent Power and Renewable Electricity Producers category by Fama And French industry classification.

Management Performance

Ormat Technologies Leadership Team

Elected by the shareholders, the Ormat Technologies' board of directors comprises two types of representatives: Ormat Technologies inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ormat. The board's role is to monitor Ormat Technologies' management team and ensure that shareholders' interests are well served. Ormat Technologies' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Ormat Technologies' outside directors are responsible for providing unbiased perspectives on the board's policies.
Ravit Barniv, Independent Director
Shlomi Argas, President, Executive Vice President - Operations and Products
Ofer Benyosef, Executive Vice President—Energy Storage and Business Development
Stanley Stern, Independent Director
Elad Zalkin, Business Projects
Dan Falk, Lead Independent Director
Bob Sullivan, Executive Vice President of Sales and Marketing and Business Development
Doron Blachar, President, Chief Financial Officer
Jessica Woelfel, Vice President - U.S. Legal, Interim General Counsel
Etty Rosner, Senior Vice President - Contract Management, Corporate Secretary
Zvi Krieger, Executive Vice President - Electricity Segment
Byron Wong, Independent Director
Mike Nikkel, Independent Director
Isaac Angel, Chief Executive Officer
Hidetake Takahashi, Independent Director
Stan Koyanagi, Independent Director
Assaf Ginzburg, Executive Vice President - Business Development, Sales and Marketing
Smadar Lavi, Vice President Corporate Finance, Head of Investor Relations
Ofer Yosef, Executive Development
Hezi Kattan, Chief Compliance Officer, General Counsel
Shimon Hatzir, Executive Vice President—Electricity Segment
Nirit Grushko, RD, Engineering
Jessica JD, Chief Counsel
David Granot, Independent Director
Dafna Sharir, Independent Director
Albertus Bruggink, Independent Director
Liza Tavori, Executive Resources
Assaf CPA, Chief Officer

Ormat Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Ormat Technologies a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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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:
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Is Independent Power and Renewable Electricity Producers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ormat Technologies. If investors know Ormat will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ormat Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.39)
Dividend Share
0.48
Earnings Share
1.96
Revenue Per Share
14.733
Quarterly Revenue Growth
0.018
The market value of Ormat Technologies is measured differently than its book value, which is the value of Ormat that is recorded on the company's balance sheet. Investors also form their own opinion of Ormat Technologies' value that differs from its market value or its book value, called intrinsic value, which is Ormat Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ormat Technologies' market value can be influenced by many factors that don't directly affect Ormat Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ormat Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ormat Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ormat Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.