Ormat Technologies Inc (ORA) Files 10-K for the Fiscal Year Ended on December 31, 2018

Ormat Technologies Inc (ORA, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Ormat Technologies Inc is engaged in the geothermal and recovered energy power business. It designs, develops, builds, sells, owns, and operates clean, environmentally friendly geothermal and recovered energy-based power plants. Ormat Technologies Inc has a market cap of $2.83 billion; its shares were traded at around $55.78 with a P/E ratio of 29.05 and P/S ratio of 4.10. The dividend yield of Ormat Technologies Inc stocks is 0.94%.

For the last quarter Ormat Technologies Inc reported a revenue of $190.5 million, compared with the revenue of $166.4 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $719.3 million, an increase of 3.8% from last year. For the last five years Ormat Technologies Inc had an average revenue growth rate of 6.6% a year.

The reported diluted earnings per share was $1.92 for the year, a decline of 26.4% from the previous year. Over the last five years Ormat Technologies Inc had an EPS growth rate of 18% a year. The Ormat Technologies Inc had a decent operating margin of 30.27%, compared with the operating margin of 32.43% a year before. The 10-year historical median operating margin of Ormat Technologies Inc is 20.24%. The profitability rank of the company is 7 (out of 10).

At the end of the fiscal year, Ormat Technologies Inc has the cash and cash equivalents of $98.8 million, compared with $47.8 million in the previous year. The long term debt was $1 billion, compared with $804.3 million in the previous year. The interest coverage to the debt is 3.1. Ormat Technologies Inc has a financial strength rank of 5 (out of 10).

At the current stock price of $55.78, Ormat Technologies Inc is traded at 23.1% premium to its historical median P/S valuation band of $45.32. The P/S ratio of the stock is 4.10, while the historical median P/S ratio is 3.33. The stock lost 9.94% during the past 12 months.

For the complete 20-year historical financial data of ORA, click here.