Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Ormat TechnologiesLTS:0KDH -2.63%82 Debt-to-EBITDA is 13.96 as of Jun. 2026, which is 236% above its 10-year median of 4.15. GuruFocus rates LTS:0KDH with a GF Score™ of 82/100 and a GF Value™ of $103.46 (Fairly Valued). The stock has 8 warning signs investors should review. Among 347 Utilities - Independent Power Producers companies, Ormat Technologies ranks worse than 72.91% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Ormat Technologies's Debt-to-EBITDA or its related term are showing as below:
LTS:0KDH'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.69 Med: 4.15 Max: 8.45
Current: 8.45
During the past 13 years, the highest Debt-to-EBITDA Ratio of Ormat Technologies was 8.45. The lowest was 2.69. And the median was 4.15.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Ormat Technologies Debt-to-EBITDA Related Terms
Ormat Technologies Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Ormat Technologies's Debt-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
LTS:0KDH vs MWH, CWEN, FRVO: Debt-to-EBITDA Comparison
For the Utilities - Renewable subindustry, Ormat Technologies's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Ormat Technologies Debt-to-EBITDA vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Ormat Technologies's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Ormat Technologies's Debt-to-EBITDA falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Jun. 2026) EBITDA data.
Ormat Technologies (LTS:0KDH) has a Debt-to-EBITDA of 13.96 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Ormat Technologies. This is 236% above median its historical median of 4.15. Over the past decade, Ormat Technologies' Debt-to-EBITDA has ranged from 2.69 to 8.45. According to the industry distribution chart, Ormat Technologies ranks #253 out of 347 companies in the Utilities - Independent Power Producers industry, placing it in the top 72.9%.
Is Ormat Technologies' Debt-to-EBITDA too high?
Ormat Technologies' current Debt-to-EBITDA of 13.96 is 236% above median its 10-year median of 4.15. Over the past 10 years, this metric has ranged from a low of 2.69 to a high of 8.45. The Utilities - Independent Power Producers industry median Debt-to-EBITDA is 4.83. Ormat Technologies' value of 13.96 is 189% above this industry median. Based on the distribution chart, Ormat Technologies ranks #253 out of 347 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Ormat Technologies has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ormat Technologies' Debt-to-EBITDA compare to MWH and CWEN?
According to the Utilities - Independent Power Producers industry distribution chart, Ormat Technologies ranks #253 out of 347 companies for Debt-to-EBITDA. This places Ormat Technologies in the lower half of its industry. The industry median Debt-to-EBITDA is 4.83. Ormat Technologies' value of 13.96 is 189% above this benchmark. Historically, Ormat Technologies' own Debt-to-EBITDA has ranged from 2.69 to 8.45 over the past decade. While the company's 10-year median is 4.15 vs. the industry median of 4.83, Ormat Technologies has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Utilities - Independent Power Producers company?
The median Debt-to-EBITDA among Utilities - Independent Power Producers companies is 4.83, based on 347 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ormat Technologies's current Debt-to-EBITDA of 13.96 is 189% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Ormat Technologies. For the Utilities - Independent Power Producers industry, the median Debt-to-EBITDA is 4.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ormat Technologies's current Debt-to-EBITDA is 13.96, which is 236% above median its own 10-year median of 4.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ormat Technologies stock overvalued right now?
Based on GuruFocus' analysis, Ormat Technologies (LTS:0KDH) is currently considered Fairly Valued. The stock's GF Value™ is $103.46, compared to a current price of $111.02 — trading 7.3% above its estimated fair value. The current Debt-to-EBITDA is 13.96, which is 236% above median its 10-year median of 4.15 and 189% above the Utilities - Independent Power Producers industry median of 4.83. Ormat Technologies' overall GF Score™ is 82/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Ormat Technologies (LTS:0KDH), the current Debt-to-EBITDA is 13.96 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Ormat Technologies (LTS:0KDH) Overvalued in 2026?
Based on GuruFocus' analysis, Ormat Technologies stock appears to be overvalued.
The current stock price of $111.02 is trading 7.3% above its estimated GF Value™ of $103.46.
GuruFocus considers Ormat Technologies to be Fairly Valued.
Key valuation signals for LTS:0KDH:
Debt-to-EBITDA: 13.96 (236% above median its 10-year median of 4.15)
GF Value™: $103.46 vs. price of $111.02 (7.3% above fair value)
Industry Position: 189% above the Utilities - Independent Power Producers median (#253 of 347)
No single metric tells the full story. See the LTS:0KDH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ormat Technologies Inc is engaged in the geothermal and recovered energy power business. It is engaged in three business segments: the Electricity Segment. where the company develops, builds, owns, and operates geothermal, solar PV, and recovered energy-based power plants in the United States and geothermal power plants in other countries and sells the electricity generated. Product Segment includes designing, manufacturing, and selling equipment for geothermal and recovered energy-based electricity generation and providing services relating to the engineering, procurement, and construction of geothermal & recovered energy-based power plants. Energy Storage Segment includes owning & operating grid-connected which provide capacity, energy, & ancillary services directly to the electric grid.
82GF Score
Get the complete analysis for LTS:0KDH
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
LTS:0KDH has been successfully added to your 
