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.
Clean Energy Future | Learn how Ormat is positioned to capitalize on rising demand for renewable energy, particularly from data centers seeking reliable, sustainable power sources |
Market Valuation | Analysts set price targets ranging from $78 to $80, reflecting the market's assessment of Ormat's growth potential and operational challenges |
Financial Crossroads | Delve into Ormat's mixed Q1 2025 performance, with strong results in Energy Storage and Products offset by challenges in the Electricity segment |
Geothermal Giant | Explore Ormat Technologies' dominant position in the geothermal energy sector, its diversified portfolio, and ambitious plans to increase generating capacity by 36% over three years |
Metrics to compare | ORA | Sector Sector - Average of metrics from a broad group of related Utilities sector companies | Relationship RelationshipORAPeersSector | |
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P/E Ratio | 42.3x | 16.1x | 12.5x | |
PEG Ratio | −6.29 | 0.04 | 0.02 | |
Price / Book | 2.2x | 1.6x | 1.3x | |
Price / LTM Sales | 6.0x | 2.7x | 1.5x | |
Upside (Analyst Target) | 0.0% | 13.4% | 11.3% | |
Fair Value Upside | Unlock | −4.5% | 2.7% | Unlock |