Risk factor
Strong & resilient to price shocks
Profitability factor
Greatly overvalued vs peers
In Guru Portfolios
Manager | Fund | Portfolio Weight (%) | Change |
|---|---|---|---|
| Kenneth Griffin | CITADEL ADVISORS LLC | 0.0% | -0.00% |
| Bob Prince, Greg Jensen, Karen Karniol-Tambour | Bridgewater Associates | 0.0% | +0.00% |
About
Ormat Technologies, Inc. actively participates in the geothermal and recovered energy power sector, conducting operations across the globe in regions such as the United States, Indonesia, Kenya, Turkey, Chile, Guatemala, Guadeloupe, New Zealand, Honduras, France, and the Philippines. The company's diverse activities are organized into three principal segments: Electricity, Product, and Energy Storage. Through its Electricity segment, Ormat develops, constructs, owns, and manages power plants utilizing geothermal, solar photovoltaic, and recovered energy sources, subsequently selling the generated electricity. The Product segment focuses on the design, manufacturing, and sale of specialized equipment for geothermal and recovered energy power generation, alongside offering engineering, procurement, and construction (EPC) services for these facilities. Complementing these, the Energy Storage segment delivers advanced battery energy storage systems and associated support services. Ormat caters to a diverse clientele, including contractors, operators of geothermal plants, owners and operators of interstate natural gas pipelines, gas processing facilities, cement plants, and biomass facilities, as well as various other companies involved in energy-intensive industrial operations. Established in 1965, the company maintains its corporate headquarters in Reno, Nevada.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers. In particular, the stock is overpriced on P/E, 'expensive' on EV/EB
Target Price
The average target price of ORA is 124 and suggests 8.02% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendation