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Upturn AI SWOT - About
ORA 
Ormat Technologies Inc (ORA)
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Upturn Advisory Summary
04/01/2025: ORA (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type Stock | Historic Profit -35.12% | Avg. Invested days 31 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 4.29B USD | Price to earnings Ratio 34.69 | 1Y Target Price 82.8 |
Price to earnings Ratio 34.69 | 1Y Target Price 82.8 | ||
Volume (30-day avg) 528882 | Beta 0.51 | 52 Weeks Range 59.02 - 84.03 | Updated Date 04/1/2025 |
52 Weeks Range 59.02 - 84.03 | Updated Date 04/1/2025 | ||
Dividends yield (FY) 0.68% | Basic EPS (TTM) 2.04 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 14.07% | Operating Margin (TTM) 21.77% |
Management Effectiveness
Return on Assets (TTM) 1.95% | Return on Equity (TTM) 5.24% |
Valuation
Trailing PE 34.69 | Forward PE 33.78 | Enterprise Value 6646814678 | Price to Sales(TTM) 4.88 |
Enterprise Value 6646814678 | Price to Sales(TTM) 4.88 | ||
Enterprise Value to Revenue 7.56 | Enterprise Value to EBITDA 12.98 | Shares Outstanding 60610100 | Shares Floating 57349105 |
Shares Outstanding 60610100 | Shares Floating 57349105 | ||
Percent Insiders 0.49 | Percent Institutions 93.72 |
Analyst Ratings
Rating 3.56 | Target Price 83.78 | Buy 1 | Strong Buy 2 |
Buy 1 | Strong Buy 2 | ||
Hold 6 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Ormat Technologies Inc
Company Overview
History and Background
Ormat Technologies Inc. was founded in 1965. It pioneered geothermal power technology, initially developing and manufacturing turbogenerators before expanding into geothermal power plant development, ownership, and operation. Significant milestones include expansion into new geothermal markets globally and developing new technologies for enhanced geothermal systems.
Core Business Areas
- Electricity Segment: Focuses on developing, building, owning, and operating geothermal and recovered energy-based power plants. Generates and sells electricity to utilities under long-term power purchase agreements (PPAs).
- Product Segment: Designs, manufactures, and sells geothermal power equipment and provides related services. Offers engineering, procurement, and construction (EPC) services for geothermal and recovered energy projects.
Leadership and Structure
Isaac Angel is the current CEO. The organizational structure is based on functional departments (e.g., engineering, finance, operations) reporting to the executive leadership team. There is a board of directors that oversees the overall strategy.
Top Products and Market Share
Key Offerings
- Geothermal Power Plants: Designs, builds, and operates geothermal power plants, converting geothermal resources into electricity. Ormat has a significant share in the geothermal electricity generation market, though specific percentages are difficult to pinpoint publicly. Competitors include Calpine Corporation and Enel Green Power North America.
- Organic Rankine Cycle (ORC) Turbines: Manufactures ORC turbines used in geothermal and recovered energy power plants. Competes with companies like Turboden (Mitsubishi Heavy Industries) and Exergy.
- Energy Storage Systems: Offers energy storage solutions. Competitors include Tesla, Fluence and other major energy storage solution providers.
Market Dynamics
Industry Overview
The geothermal energy industry is experiencing growth due to increasing demand for renewable energy and government incentives. It is characterized by high upfront capital costs and long project development times.
Positioning
Ormat is a vertically integrated leader in the geothermal energy sector, offering a full range of services from resource development to power generation and equipment manufacturing. This allows them to capture value across the geothermal value chain and gives them a competitive advantage in terms of control and technical knowledge.
Total Addressable Market (TAM)
The global geothermal power market is expected to reach USD 13.7 billion by 2030. Ormat is well-positioned to capture a significant share of this TAM with its integrated solutions and global presence.
Upturn SWOT Analysis
Strengths
- Vertically integrated business model
- Proprietary geothermal technology
- Extensive experience in geothermal development and operation
- Long-term power purchase agreements (PPAs) providing stable revenue streams
- Global presence
Weaknesses
- High upfront capital costs for geothermal projects
- Long project development times
- Geographic limitations of geothermal resources
- Susceptibility to regulatory changes
Opportunities
- Growing demand for renewable energy
- Government incentives and subsidies for geothermal projects
- Expansion into new geothermal markets
- Development of enhanced geothermal systems (EGS)
- Integration of energy storage solutions
Threats
- Competition from other renewable energy sources (solar, wind)
- Fluctuations in energy prices
- Changes in government regulations
- Geopolitical risks in certain operating regions
- Technological obsolescence
Competitors and Market Share
Key Competitors
- NEE
- VWSYF
- ENLAY
Competitive Landscape
Ormat's vertical integration provides a competitive edge, allowing it to control costs and technology. However, it faces competition from larger renewable energy companies with more diverse portfolios and greater financial resources.
Major Acquisitions
US Geothermal Inc.
- Year: 2018
- Acquisition Price (USD millions): 109
- Strategic Rationale: Expanded Ormat's geothermal portfolio and geographic presence in the United States.
Growth Trajectory and Initiatives
Historical Growth: Ormat's historical growth has been driven by the expansion of its geothermal power plant portfolio and increased demand for renewable energy. They have successfully developed and acquired geothermal projects in various regions.
Future Projections: Analyst projections suggest continued growth for Ormat, driven by the increasing adoption of geothermal energy and the company's expansion into new markets and technologies. Revenue is expected to grow, depending on projects coming online. The same goes for projections of earnings.
Recent Initiatives: Recent initiatives include the development of new geothermal power plants, investments in energy storage solutions, and expansion into new markets like Chile and Indonesia. They are also working to improve the efficiency of their existing power plants.
Summary
Ormat Technologies is a leading geothermal energy company with a strong vertically integrated business model. The company's long-term power purchase agreements and proprietary technology provide stable revenue streams. However, high capital costs and regulatory risks need to be considered. Their future growth hinges on developing new projects and expanding into new geothermal markets, with a view of the competitive environment from larger firms.
Similar Companies
BEPC
Brookfield Renewable Corp
BEPC
Brookfield Renewable Corp
NEE
Nextera Energy Inc
NEE
Nextera Energy Inc
Sources and Disclaimers
Data Sources:
- Ormat Technologies Inc. Investor Relations
- Industry Reports
- Analyst Estimates
Disclaimers:
This analysis is based on publicly available information and analyst estimates. It is not financial advice. Investing in stocks involves risks, and past performance is not indicative of future results.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Ormat Technologies Inc
Exchange NYSE | Headquaters Reno, NV, United States | ||
IPO Launch date 2004-11-11 | CEO - | ||
Sector Utilities | Industry Utilities - Renewable | Full time employees 1512 | Website https://www.ormat.com |
Full time employees 1512 | Website https://www.ormat.com | ||
Ormat Technologies, Inc. engages in the geothermal and recovered energy power business in the United States, Indonesia, Kenya, Turkey, Chile, Guatemala, Guadeloupe, New Zealand, Honduras, France, Indonesia, the Philippines, and internationally. It operates through three segments: Electricity, Product, and Energy Storage. The Electricity segment develops, builds, owns, and operates geothermal, solar photovoltaic, and recovered energy-based power plants; and sells electricity. The Product segment designs, manufactures, and sells equipment for geothermal and recovered energy-based electricity generation; and provides services relating to the engineering, procurement, and construction of geothermal and recovered energy-based power plants. The Energy Storage segment provides battery energy storage systems and related services. The company serves contractors, geothermal plant owners and operators, interstate natural gas pipeline owners and operators, gas processing plant owners and operators, cement plant owners and operators, and biomass facilities owners and operators, as well as other companies engaged in energy-intensive industrial processes. Ormat Technologies, Inc. was founded in 1965 and is headquartered in Reno, Nevada.
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