Ormat Technologies Stock Beneish M Score

HNM Stock  EUR 74.48  0.60  0.80%   
This module uses fundamental data of ORMAT TECHNOLOGIES to approximate the value of its Beneish M Score. ORMAT TECHNOLOGIES M Score tells investors if the company management is likely to be manipulating earnings. The score is calculated using eight financial indicators that are adjusted by a specific multiplier. Please note, the M Score is a probabilistic model and cannot detect companies that manipulate their earnings with 100% accuracy. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ORMAT TECHNOLOGIES. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade ORMAT Stock refer to our How to Trade ORMAT Stock guide.
  
At this time, ORMAT TECHNOLOGIES's M Score is inapplicable. The earnings manipulation may begin if ORMAT TECHNOLOGIES's top management creates an artificial sense of financial success, forcing the stock price to be traded at a high price-earnings multiple than it should be. In general, excessive earnings management by ORMAT TECHNOLOGIES executives may lead to removing some of the operating profits from subsequent periods to inflate earnings in the following periods. This way, the manipulation of ORMAT TECHNOLOGIES's earnings can lead to misrepresentations of actual financial condition, taking the otherwise loyal stakeholders on to the path of questionable ethical practices and plain fraud.
-4.84
Beneish M Score - Inapplicable
Elasticity of Receivables

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Focus
Asset Quality

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Expense Coverage

N/A

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Gross Margin Strengs

N/A

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Accruals Factor

N/A

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Depreciation Resistance

N/A

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Net Sales Growth

N/A

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Financial Leverage Condition

N/A

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About ORMAT TECHNOLOGIES Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze ORMAT TECHNOLOGIES's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ORMAT TECHNOLOGIES using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ORMAT TECHNOLOGIES based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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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's 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ORMAT TECHNOLOGIES. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade ORMAT Stock refer to our How to Trade ORMAT Stock guide.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Please note, there is a significant difference between ORMAT TECHNOLOGIES's 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's 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.