Company Valuation: Ormat Technologies, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 4,441 4,850 4,574 4,097 6,715 6,783 - -
Change - 9.22% -5.69% -10.44% 63.9% 1.01% - -
Enterprise Value (EV) 1 6,074 6,650 6,375 6,314 9,151 9,489 9,581 9,558
Change - 9.49% -4.14% -0.96% 44.95% 3.69% 0.97% -0.24%
P/E 72.1x 73.9x 36.4x 33.2x 54.7x 58.6x 44.9x 36x
PBR 2.4x 2.6x 1.98x 1.69x 2.64x 2.35x 2.23x 2.21x
PEG - 11.61x 0.5x -17.26x -55.79x -8.66x 1.5x 1.5x
Capitalization / Revenue 6.7x 6.61x 5.51x 4.66x 6.79x 5.92x 5.81x 5.21x
EV / Revenue 9.16x 9.06x 7.69x 7.18x 9.25x 8.28x 8.21x 7.34x
EV / EBITDA 15.1x 15.3x 13.2x 11.5x 15.7x 15x 14.1x 12.8x
EV / EBIT 35.9x 43.5x 38.3x 36.6x 54.1x 49x 44.8x 38x
EV / FCF -37.9x -23.5x -20.6x -82.3x -32.1x -56.7x 111x 50.3x
FCF Yield -2.64% -4.25% -4.85% -1.22% -3.11% -1.76% 0.9% 1.99%
Dividend per Share 2 0.48 0.48 0.48 0.48 0.48 0.4796 0.4939 0.5046
Rate of return 0.61% 0.56% 0.63% 0.71% 0.43% 0.43% 0.45% 0.46%
EPS 2 1.1 1.17 2.08 2.04 2.02 1.883 2.459 3.064
Distribution rate 43.6% 41% 23.1% 23.5% 23.8% 25.5% 20.1% 16.5%
Net sales 1 663.1 734.2 829.4 879.7 989.5 1,146 1,168 1,303
EBITDA 1 401.4 435.5 481.7 550.5 582 633.3 678.8 745.4
EBIT 1 169.4 152.8 166.6 172.5 169.2 193.7 213.8 251.6
Net income 1 62.09 65.84 124.4 123.7 123.9 116.7 153.1 191.9
Net Debt 1 1,633 1,800 1,801 2,217 2,437 2,707 2,798 2,775
Reference price 2 79.30 86.48 75.79 67.72 110.47 110.37 110.37 110.37
Nbr of stocks (in thousands) 56,002 56,085 60,354 60,494 60,782 61,454 - -
Announcement Date 23/02/22 22/02/23 21/02/24 26/02/25 25/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
59.01x8.32x15.06x0.43% 6.83B
23.46x3.69x8.65x0.34% 8.09B
23.29x3.77x12.44x4.34% 5.61B
-16x115.68x-41.17x-.--% 4.69B
21.27x4.97x15.28x2.39% 1.2B
951.68x4.85x13.88x-.--% 1.06B
13.86x7.16x14x - 806M
8.1x12.87x15.62x5.37% 621M
Average 135.58x 20.17x 6.72x 1.84% 3.61B
Weighted average by Cap. 58.71x 23.37x 3.58x 1.29%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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