Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker / Industry / Sector

Ormat Technologies, Inc. (ORA)

Company Dividend Discount ModelIndustry: Renewable UtilitiesSector: Utilities

Valuation Snapshot

Stable Growth$36.13 - $70.89$49.86
Multi-Stage$36.31 - $39.76$38.01
Blended Fair Value$43.93
Current Price$96.25
Upside-54.36%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS5.39%11.78%0.480.470.450.440.370.370.440.340.420.21
YoY Growth--2.45%4.68%0.58%20.09%0.38%-16.58%30.83%-20.13%101.97%33.08%
Dividend Yield--0.67%0.72%0.53%0.54%0.47%0.54%0.80%0.60%0.74%0.51%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)133.37
(-) Cash Dividends Paid (M)29.09
(=) Cash Retained (M)104.27
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)26.6716.6710.00
Cash Retained (M)104.27104.27104.27
(-) Cash Required (M)-26.67-16.67-10.00
(=) Excess Retained (M)77.6087.6094.27
(/) Shares Outstanding (M)60.9460.9460.94
(=) Excess Retained per Share1.271.441.55
LTM Dividend per Share0.480.480.48
(+) Excess Retained per Share1.271.441.55
(=) Adjusted Dividend1.751.912.02
WACC / Discount Rate8.40%8.40%8.40%
Growth Rate3.39%4.39%5.39%
Fair Value$36.13$49.86$70.89
Upside / Downside-62.46%-48.20%-26.35%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)133.37139.22145.34151.72158.39165.35170.31
Payout Ratio21.81%35.45%49.09%62.73%76.36%90.00%92.50%
Projected Dividends (M)29.0949.3671.3495.17120.95148.81157.53

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate8.40%8.40%8.40%
Growth Rate3.39%4.39%5.39%
Year 1 PV (M)45.0945.5345.97
Year 2 PV (M)59.5660.7161.88
Year 3 PV (M)72.5874.7176.88
Year 4 PV (M)84.2887.5990.99
Year 5 PV (M)94.7499.41104.27
PV of Terminal Value (M)1,856.561,948.092,043.20
Equity Value (M)2,212.822,316.052,423.19
Shares Outstanding (M)60.9460.9460.94
Fair Value$36.31$38.01$39.76
Upside / Downside-62.27%-60.51%-58.69%

High-Yield Dividend Screener

« Prev Page 27 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
138930.KSBNK Financial Group Inc.5.33%$837.7733.77%
RPI-UN.TORichards Packaging Income Fund5.33%$1.6282.84%
8956.TNTT UD REIT Investment Corporation5.32%$7,471.7960.60%
ACGLArch Capital Group Ltd.5.32%$4.9945.85%
BTTBlackrock Municipal 2030 Target Term Trust5.32%$1.2174.76%
PREV-B.STPrevas AB5.31%$5.0990.29%
000690.SZGuangdong Baolihua New Energy Stock Co., Ltd.5.30%$0.2251.75%
005830.KSDB Insurance Co., Ltd.5.29%$6,766.2625.66%
1157.HKZoomlion Heavy Industry Science and Technology Co., Ltd.5.29%$0.4189.60%
6884.TWOHighpoint Service Network Corporation5.29%$2.0256.70%
7237.KLPower Root Berhad5.29%$0.0798.68%
MCKPA.NZMillennium & Copthorne Hotels New Zealand Limited5.29%$0.0957.34%
MFCManulife Financial Corporation5.29%$1.9255.22%
CLSC3.SACentrais Elétricas de Santa Catarina S.A.5.28%$6.1235.64%
000899.SZJiangxi Ganneng Co., Ltd.5.27%$0.5253.85%
0QQN.LBucher Industries AG5.27%$19.4043.82%
601107.SSSichuan Expressway Company Limited5.27%$0.3299.95%
CRAP.PACaisse Régionale de Crédit Agricole Mutuel Alpes Provence Société coopérative5.27%$6.9619.09%
0IW5.LThales S.A.5.26%$7.0970.33%
AIRARABIA.AEAir Arabia PJSC5.26%$0.2575.35%
PHOR.MEPublic Joint-Stock Company PhosAgro5.26%$335.1737.65%
RBREW.CORoyal Unibrew A/S5.26%$29.5094.31%
TCELL.ISTurkcell Iletisim Hizmetleri A.S.5.26%$5.0570.22%
TLC.AXThe Lottery Corporation Limited5.26%$0.2778.26%
TTA-R.BKThoresen Thai Agencies Public Company Limited5.26%$0.2217.40%
4712.TKeyHolder, Inc.5.25%$37.1432.06%
8926.TWTaiwan Cogeneration Corporation5.25%$2.1587.97%
RJH.BKRajthanee Hospital Public Company Limited5.25%$0.6575.57%
016090.KSDaehyun Co.,Ltd.5.24%$87.5664.98%
ALGEV.PAGévelot S.A.5.24%$9.2742.01%
1209.HKChina Resources Mixc Lifestyle Services Limited5.23%$2.2571.56%
HTECH.BKHalcyon Technology Public Company Limited5.23%$0.1538.21%
002911.SZForan Energy Group Co.,Ltd.5.22%$0.6390.85%
000913.SZZhejiang Qianjiang Motorcycle Co., Ltd.5.21%$0.8077.77%
4915.TWPrimax Electronics Ltd.5.21%$3.9968.04%
601000.SSTangShan Port Group Co.,Ltd5.21%$0.2066.38%
CAFO.PACentrale d'Achat Française pour l'Outre-Mer S.A.5.21%$0.4416.81%
KBLI.JKPT KMI Wire and Cable Tbk5.21%$16.9931.01%
0QOH.Lnaturenergie holding AG5.20%$1.6927.11%
600551.SSTime Publishing and Media Co., Ltd.5.20%$0.4268.97%
8979.TStarts Proceed Investment Corporation5.20%$10,484.9163.22%
AMIN.JKPT Ateliers Mecaniques D'Indonesie Tbk5.20%$13.0170.06%
EBO.AXEBOS Group Limited5.20%$1.2245.78%
SMCB.JKPT Solusi Bangun Indonesia Tbk5.20%$40.2745.56%
5159.KLYoong Onn Corporation Berhad5.19%$0.0858.97%
603355.SSKingclean Electric Co.,Ltd5.19%$1.6597.04%
603855.SSWarom Technology Incorporated Company5.19%$1.0077.28%
8034.TWOOPNET Technologies Co., Ltd.5.19%$1.3498.92%
ALRFG.PARacing Force S.p.A.5.19%$0.2671.02%
DEME.BRDEME Group N.V.5.19%$7.4131.20%