ORMAT TECHNOLOGIES Net Income vs. Revenue
| HNM Stock | EUR 63.80 1.04 1.60% |
For ORMAT TECHNOLOGIES profitability analysis, we use financial ratios and fundamental drivers that measure the ability of ORMAT TECHNOLOGIES to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well ORMAT TECHNOLOGIES utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between ORMAT TECHNOLOGIES's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of ORMAT TECHNOLOGIES over time as well as its relative position and ranking within its peers.
ORMAT |
ORMAT TECHNOLOGIES Revenue vs. Net Income Fundamental Analysis
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. ORMAT TECHNOLOGIES is one of the top stocks in net income category among its peers. It also is rated as one of the top companies in revenue category among its peers totaling about 11.15 of Revenue per Net Income. 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's earnings, one of the primary drivers of an investment's value.ORMAT Revenue vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
ORMAT TECHNOLOGIES |
| = | 65.84 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
ORMAT TECHNOLOGIES |
| = | 734.16 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
ORMAT Revenue vs Competition
ORMAT TECHNOLOGIES is rated as one of the top companies in revenue category among its peers. Market size based on revenue of Other industry is currently estimated at about 47.74 Billion. ORMAT TECHNOLOGIES claims roughly 734.16 Million in revenue contributing just under 2% to all equities under Other industry.
ORMAT Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on ORMAT TECHNOLOGIES. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of ORMAT TECHNOLOGIES position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the ORMAT TECHNOLOGIES's important profitability drivers and their relationship over time.
Use ORMAT TECHNOLOGIES in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ORMAT TECHNOLOGIES position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ORMAT TECHNOLOGIES will appreciate offsetting losses from the drop in the long position's value.ORMAT TECHNOLOGIES Pair Trading
ORMAT TECHNOLOGIES Pair Trading Analysis
The ability to find closely correlated positions to ORMAT TECHNOLOGIES could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ORMAT TECHNOLOGIES when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ORMAT TECHNOLOGIES - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ORMAT TECHNOLOGIES to buy it.
The correlation of ORMAT TECHNOLOGIES is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ORMAT TECHNOLOGIES moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ORMAT TECHNOLOGIES moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ORMAT TECHNOLOGIES can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your ORMAT TECHNOLOGIES position
In addition to having ORMAT TECHNOLOGIES in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Transportation Thematic Idea Now
Transportation
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Transportation theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Transportation Theme or any other thematic opportunities.
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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. For information on how to trade ORMAT Stock refer to our How to Trade ORMAT Stock guide.You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
To fully project ORMAT TECHNOLOGIES's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of ORMAT TECHNOLOGIES at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include ORMAT TECHNOLOGIES's income statement, its balance sheet, and the statement of cash flows.