ORA (Ormat Technologies) EV-to-OCF: 27.74 (As of Aug. 04, 2026) — 28% Above Median

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ORA Ormat Technologies Inc ORA
86 GF Score
Price $99.76
GF Value $101.61
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is Ormat Technologies EV-to-OCF?

Ormat Technologies ORA +1.77% 86 EV-to-OCF is 27.74 as of Aug. 04, 2026, which is 28% above its 10-year median of 21.60. GuruFocus rates ORA with a GF Score™ of 86/100 and a GF Value™ of $101.61 (Fairly Valued). The stock has 8 warning signs investors should review. Among 447 Utilities - Independent Power Producers companies, Ormat Technologies ranks worse than 82.33% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Ormat Technologies's Enterprise Value is $9,035 Mil. Ormat Technologies's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $326 Mil. Therefore, Ormat Technologies's EV-to-OCF for today is 27.74.

The historical rank and industry rank for Ormat Technologies's EV-to-OCF or its related term are showing as below:

ORA' s EV-to-OCF Range Over the Past 10 Years
Min: 14.07   Med: 21.6   Max: 37.39
Current: 27.74

During the past 13 years, the highest EV-to-OCF of Ormat Technologies was 37.39. The lowest was 14.07. And the median was 21.60.

ORA's EV-to-OCF is ranked worse than
82.33% of 447 companies
in the Utilities - Independent Power Producers industry
Industry Median: 9.7 vs ORA: 27.74

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-08-04), Ormat Technologies's stock price is $99.755. Ormat Technologies's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $2.060. Therefore, Ormat Technologies's PE Ratio (TTM) for today is 48.42.


Ormat Technologies  (NYSE:ORA) EV-to-OCF Explanation

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Ormat Technologies's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=99.755/2.060
=48.42

Ormat Technologies's share price for today is $99.755.
Ormat Technologies's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.060.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Ormat Technologies EV-to-OCF Related Terms


Ormat Technologies EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Ormat Technologies's EV-to-OCF 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.

Ormat Technologies EV-to-OCF Chart

Ormat Technologies Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.15 24.81 21.43 16.04 28.58

Ormat Technologies Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-OCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.00 17.44 22.30 28.58 30.04

ORA vs MWH, CWEN, FRVO: EV-to-OCF Comparison

For the Utilities - Renewable subindustry, Ormat Technologies's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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 EV-to-OCF vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Ormat Technologies's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where Ormat Technologies's EV-to-OCF falls into.


ORA
86GF Score
Ormat Technologies Inc ORA
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ormat Technologies EV-to-OCF Calculation

Ormat Technologies's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=9034.997/325.67
=27.74

Ormat Technologies's current Enterprise Value is $9,035 Mil.
Ormat Technologies's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $326 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-OCF →
What does a EV-to-OCF of 27.74 mean?
Ormat Technologies (ORA) has a EV-to-OCF of 27.74 as of Aug. 04, 2026. This is 28% above median its historical median of 21.60. Over the past decade, Ormat Technologies' EV-to-OCF has ranged from 14.07 to 37.39. According to the industry distribution chart, Ormat Technologies ranks #368 out of 447 companies in the Utilities - Independent Power Producers industry, placing it in the top 82.3%.
Is Ormat Technologies' EV-to-OCF too high?
Ormat Technologies' current EV-to-OCF of 27.74 is 28% above median its 10-year median of 21.60. Over the past 10 years, this metric has ranged from a low of 14.07 to a high of 37.39. The Utilities - Independent Power Producers industry median EV-to-OCF is 9.70. Ormat Technologies' value of 27.74 is 186% above this industry median. Based on the distribution chart, Ormat Technologies ranks #368 out of 447 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Ormat Technologies has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ormat Technologies' EV-to-OCF compare to MWH and CWEN?
According to the Utilities - Independent Power Producers industry distribution chart, Ormat Technologies ranks #368 out of 447 companies for EV-to-OCF. This places Ormat Technologies in the lower half of its industry. The industry median EV-to-OCF is 9.70. Ormat Technologies' value of 27.74 is 186% above this benchmark. Historically, Ormat Technologies' own EV-to-OCF has ranged from 14.07 to 37.39 over the past decade. While the company's 10-year median is 21.60 vs. the industry median of 9.70, 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 EV-to-OCF for an Utilities - Independent Power Producers company?
The median EV-to-OCF among Utilities - Independent Power Producers companies is 9.70, based on 447 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ormat Technologies's current EV-to-OCF of 27.74 is 186% 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 EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Utilities - Independent Power Producers industry, the median EV-to-OCF is 9.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ormat Technologies's current EV-to-OCF is 27.74, which is 28% above median its own 10-year median of 21.60. 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 (ORA) is currently considered Fairly Valued. The stock's GF Value™ is $101.61, compared to a current price of $99.76 — trading 1.8% below its estimated fair value. The current EV-to-OCF is 27.74, which is 28% above median its 10-year median of 21.60 and 186% above the Utilities - Independent Power Producers industry median of 9.70. Ormat Technologies' overall GF Score™ is 86/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Ormat Technologies (ORA), the current EV-to-OCF is 27.74 as of Aug. 04, 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 (ORA) Overvalued in 2026?

Based on GuruFocus' analysis, Ormat Technologies stock appears to be undervalued. The current stock price of $99.76 is trading 1.8% below its estimated GF Value™ of $101.61. GuruFocus considers Ormat Technologies to be Fairly Valued.

Key valuation signals for ORA:

  • EV-to-OCF: 27.74 (28% above median its 10-year median of 21.60)
  • GF Value™: $101.61 vs. price of $99.76 (1.8% below fair value)
  • GF Score™: 86/100 with 8 warning signs
  • Industry Position: 186% above the Utilities - Independent Power Producers median (#368 of 447)

No single metric tells the full story. See the ORA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ormat Technologies Business Description

Address 6884 Sierra Center Parkway, Reno, NV, USA, 89511-2210
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.
86GF Score

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EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$99.76
Price
$101.61
GF Value