ORMAT TECHNOLOGIES Price To Earnings To Growth vs. Price To Sales

HNM Stock   75.70  1.26  1.64%   
Based on ORMAT TECHNOLOGIES's profitability indicators, ORMAT TECHNOLOGIES may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess ORMAT TECHNOLOGIES's ability to earn profits and add value for shareholders.
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.
  
Check out Risk vs Return Analysis.
For more information on how to buy ORMAT Stock please use our How to Invest in ORMAT TECHNOLOGIES guide.
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.

ORMAT TECHNOLOGIES Price To Sales vs. Price To Earnings To Growth 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 price to earnings to growth category among its peers. It also is one of the top stocks in price to sales category among its peers fabricating about  1.37  of Price To Sales per Price To Earnings To Growth. 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 Price To Sales vs. Price To Earnings To Growth

PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.

ORMAT TECHNOLOGIES

PEG Ratio

 = 

PE Ratio

EPS Growth

 = 
5.17 X
Generally speaking, PEG ratio is a 'quick and dirty' way to measure how the current price of a firm's stock relates to its earnings and growth rate. The main benefit of using PEG ratio is that investors can compare the relative valuations of companies within different industries without analyzing their P/E ratios.
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

ORMAT TECHNOLOGIES

P/S

 = 

MV Per Share

Revenue Per Share

 = 
7.07 X
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.

ORMAT Price To Sales Comparison

ORMAT TECHNOLOGIES is currently under evaluation in price to sales category among its peers.

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.
Pair CorrelationCorrelation Matching

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.

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Run Small Value Funds Thematic Idea Now

Small Value Funds
Small Value Funds Theme
Funds or Etfs that invest in the undervalued stocks of small to mid-sized companies. The Small Value Funds theme has 37 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 Small Value Funds Theme or any other thematic opportunities.
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Additional Tools for ORMAT Stock Analysis

When running ORMAT TECHNOLOGIES's price analysis, check to measure ORMAT TECHNOLOGIES's 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's value examination focuses on studying past and present price action to predict the probability of ORMAT TECHNOLOGIES's 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's price. Additionally, you may evaluate how the addition of ORMAT TECHNOLOGIES to your portfolios can decrease your overall portfolio volatility.