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Ormat Technologies (Ormat Technologies) Enterprise Value

: $5,600.8 Mil (As of Today)
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Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Ormat Technologies's Enterprise Value is $5,600.8 Mil. Ormat Technologies's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $238.0 Mil. Therefore, Ormat Technologies's EV-to-EBIT ratio for today is 23.54.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Ormat Technologies's Enterprise Value is $5,600.8 Mil. Ormat Technologies's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $462.8 Mil. Therefore, Ormat Technologies's EV-to-EBITDA ratio for today is 12.10.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Ormat Technologies's Enterprise Value is $5,600.8 Mil. Ormat Technologies's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $829.4 Mil. Therefore, Ormat Technologies's EV-to-Revenue ratio for today is 6.75.


Ormat Technologies Enterprise Value Historical Data

The historical data trend for Ormat Technologies's Enterprise Value 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.

* Premium members only.

Ormat Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5,123.71 6,235.12 6,250.02 6,971.01 6,630.10

Ormat Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Enterprise Value 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 Premium Member Only Premium Member Only Premium Member Only 6,971.01 6,912.64 6,767.18 6,277.20 6,630.10

Competitive Comparison

For the Utilities - Renewable subindustry, Ormat Technologies's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value Distribution

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

* The bar in red indicates where Ormat Technologies's Enterprise Value falls into.



Ormat Technologies Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Ormat Technologies's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Ormat Technologies's Enterprise Value for the quarter that ended in Dec. 2023 is calculated as

* 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  (NYSE:ORA) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Ormat Technologies's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=5600.806/237.968
=23.54

Ormat Technologies's current Enterprise Value is $5,600.8 Mil.
Ormat Technologies's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $238.0 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Ormat Technologies's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=5600.806/462.765
=12.10

Ormat Technologies's current Enterprise Value is $5,600.8 Mil.
Ormat Technologies's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $462.8 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Ormat Technologies's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=5600.806/829.424
=6.75

Ormat Technologies's current Enterprise Value is $5,600.8 Mil.
Ormat Technologies's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $829.4 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.


Ormat Technologies Enterprise Value Related Terms

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Ormat Technologies (Ormat Technologies) Business Description

Traded in Other Exchanges
Address
6140 Plumas Street, Reno, NV, USA, 89519-6075
Ormat Technologies Inc is engaged in the geothermal energy power business. The company is engaged in three business segments: 1) 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 sell the electricity generated. 2) 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 and recovered energy-based power plants. 3) Energy Storage Segment includes owning and operating grid-connected which provide capacity, energy and ancillary services directly to the electric grid.
Executives
Dafna Sharir director C/O AMPAL AMERICAN ISRAEL CORP, 111 ARLOZOROV STREET, TEL AVIV ISREL L3 00000
Isaac Angel officer: CEO Appointee 2099 GATEWAY PLACE, SUITE 600 CA 95110
Doron Blachar officer: CFO 6225 NEIL ROAD, RENO NV 89511
Stanley Stern director C/O THCG, INC, 650 MADISON AVENUE, 21ST FL, NEW YORK NY 10022
Orix Corp 10 percent owner WORLD TRADE CENTER BLDG., SOUTH TOWER, 2-4-1 HAMAMATSU-CHO, MINATO-KU, TOKYO M0 105 5135
Byron G. Wong director 2 TRAILS END, WESTPORT CT 06880
David Granot director 6225 NEIL ROAD, RENO NV 89511
Shimon Hatzir officer: VP, Elect. & Conceptual Engin. 6225 NEIL ROAD, SUITE 300, C/O ORMAT TECHNOLOGIES, INC., RENO NV 89511
Shlomi Argas officer: V.P., Projects 6225 NEIL ROAD, RENO NV 89511
Karin Corfee director 6140 PLUMAS STREET, RENO NV 89519
Michal Marom director 6140 PLUMAS STREET, RENO NV 89519
Dan Falk director 6225 NEIL ROAD, SUITE 300, C/O ORMAT TECHNOLOGIES, INC., RENO NV 89511
Jessica Woelfel officer: General Counsel and CCO 6140 PLUMAS STREET, RENO NV 89519
Mike Nikkel director 6140 PLUMAS STREET, RENO NV 89519
Zvi Krieger officer: VP, Geothermal Enginerring 6225 NEIL ROAD, SUITE 300, C/O ORMAT TECHNOLOGIES, INC., RENO NV 89511