ORMAT TECHNOLOGIES, INC.【ORA】

時価総額

$70億

PER

地熱発電事業の最大手。地熱・太陽光・回収熱発電とIFM型BESSを展開し、2024年に41MW追加、蓄電120MW/360MWhを稼働。2024年1月に資産を約2.75億ドルで買収、7月に税制関連子会社持分を約980万ドルで買収。米国を中心にインドネシアや中南米で44の開発候補地を保有。

株価業績

サマリーテーブルに戻る

	2010年 12月31日	2011年 12月31日	2012年 12月31日	2013年 12月31日	2014年 12月31日	2015年 12月31日	2016年 12月31日	2017年 12月31日	2018年 12月31日	2019年 12月31日	2020年 12月31日	2021年 12月31日	2022年 12月31日	2023年 12月31日	2024年 12月31日
Net income	37	-43	-206	42	55	123	102	170	110	94	102	76	78	133	131
Depreciation and amortization	87	96	102	93	101	107	106	115	132	149	157	183	199	225	263
Accretion of asset retirement obligation	1	2	2	2	1	1	2	2	2	3	3	4	5	6	8
Stock-based compensation	7	7	6	6	6	4	5	9	10	9	10	9	12	15	20
Income attributable to sale of tax benefits, net of interest expense	4	4	4	8	14	17	7	12	9	10	12	12	13	23	22
Equity in losses (earnings) of investees, net	-	-	-0	-0	-3	-6	-8	-2	8	2	0	-3	-3	0	-0
Mark-to-market of derivative instruments	-	-	-	-8	7	-4	-0	1	-2	1	1	-1	-2	2	-1
Loss (gain) on disposal of property, plant and equipment	-	-	-	-	-	-	-	-	-	-	-	-	0	-0	-0
Write-off of unsuccessful exploration activities	3	-	3	4	15	2	3	2	0	-	-	-	1	4	4
Impairment of long-lived assets	-	-	-	-	-	-	-	-	-	-	-	-	33	-	1
Loss from prepayment of a long-term loan	-	-	-	-	-	-	-	-	-	-	-	-	-1	-	-
Loss (gain) on severance pay fund asset	-	-1	1	1	-1	0	0	2	-1	1	1	1	-1	-0	0
Loss (gain) on foreign currency exchange rate	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3
Deferred income tax provision	-	-	-	-	-	-40	18	-64	19	28	5	-3	-19	-6	5
Liability for unrecognized tax benefits	-	-	-	-	-	-	-	-3	-3	-3	13	-4	-1	-2	2
Other	-	-	-	1	0	-0	-	-1	-0	-1	-0	-1	-1	-	-
Receivables	-1	-2	4	37	-47	4	33	24	30	15	-4	-27	20	98	-27
Costs and estimated earnings in excess of billings on uncompleted contracts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12
Long-term costs and estimated earnings in excess of billings on uncompleted contracts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	26
Inventories	-3	0	8	2	-5	1	-6	1	9	-5	-0	-4	-6	22	-7
Prepaid expenses and other	3	4	15	1	1	3	13	-0	11	-3	3	19	-5	3	9
Change in operating lease right of use asset	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4
Deposits and other	0	1	13	-1	-1	1	1	3	-0	23	1	4	-3	8	4
Accounts payable and accrued expenses	10	7	11	6	-10	-0	-1	52	-57	9	-5	-22	-2	69	11
Increase (Decrease) in Contract with Customer, Liability	-	-	-	-	-	-	-	-	-2	-16	8	-2	-0	10	5
Liabilities for severance pay	-	-0	2	1	-3	-1	-1	3	-3	1	-0	-3	-3	-1	-1
Change in operating lease liabilities	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-9
Other liabilities, net	-	-1	1	2	-1	-3	3	-2	-11	-1	-2	-0	-2	11	5
Net cash provided by operating activities	-	133	89	87	213	190	159	246	146	236	265	259	281	309	411
Purchase of marketable securities	-	-	-	-	-	-	-	-	-	-	-	60	19	-	-
Maturities of marketable securities	-	-	-	-	-	-	-	-	-	-	-	-	33	-	-
Sale of marketable securities	-	-	-	-	-	-	-	-	-	-	-	-	29	-	-
Capital expenditures	-	-	-	-	-	-	-	-	-	280	321	419	563	618	488
Cash received from insurance recoveries	-	-	-	-	-	-	-	-	10	35	5	-	1	-	-
Investment in unconsolidated companies	3	0	1	5	1	-	4	46	4	11	21	6	5	10	19
Cash paid for acquisition of a business, net of cash acquired	-	-	-	-	-	-	20	35	95	-	43	171	-	-	275
Decrease (increase) in severance pay fund asset, net of payments made to retired employees	1	1	0	-1	-2	-3	-2	-1	-2	-1	-1	-3	-1	-0	-1
Net cash used in investing activities	-204	-341	-101	-157	-129	-91	-159	-368	-342	-255	-386	-638	-523	-628	-780
Proceeds from long-term loans, net of transaction costs	-	-	-	-	-	-	-	-	-	-	-	-	-	-	515
Proceeds from Stock Options Exercised	-	-	-	1	1	6	7	16	-	2	-	-	0	0	-
Proceeds from Issuance of Common Stock	-	-	-	-	-	-	-	-	-	-	339	0	-	342	-
Proceeds from Notes Payable	-	-	-	-	-	-	-	-	-	-	-	-	420	-	44
Purchase of treasury stock	-	-	-	-	-	-	-	-	-	-	-	-	18	-	-
Repayments of commercial paper and prepayments of long-term debt	-	-	-	-	-	-	-	-	-	-	50	-	219	-	-
Proceeds from Issuance of Commercial Paper	-	-	-	-	-	-	-	-	-	50	-	-	-	100	-
Proceeds from Lines of Credit	-	-	-	-	-	-	-	-	-	-	-	-	-	55	186
Repayment of revolving credit lines with banks	-	-	-	-	-	-	-	-	-	-	-	-	-	-	206
Proceeds from Noncontrolling Interests	-	-	-	-	2	2	2	2	4	3	8	5	5	7	12
Transaction with noncontrolling interest	-	-	-	-	-	-	-	-	-	-	-	-	-	30	10
Repayments of long-term debt and financing liability	-	-	-	-	-	-	-	-	-	-	-	-	-	-	209
Cash paid to noncontrolling interest	3	14	15	13	11	19	64	21	13	10	10	7	6	10	6
Payments under finance lease obligations	-	-	-	-	-	-	-	-	-	3	3	3	3	2	1
Deferred debt issuance costs	1	3	3	2	5	5	6	5	5	5	2	1	2	4	7
Cash dividends paid	12	6	4	4	10	13	26	21	27	22	22	27	27	28	29
Net cash provided by (used in) financing activities	139	225	-22	61	-101	47	44	-60	251	-6	503	186	126	380	288
Effect of exchange rate changes on cash and cash equivalents and restricted cash and cash equivalents	-	-	-	-	-	-	-	-	-	-	-	-	-1	0	-1
Net change in cash and cash equivalents and restricted cash and cash equivalents	-	-	-	-	-	-	-	-	54	-24	384	-193	-117	61	-82
Interest, net of interest capitalized	35	33	40	51	62	55	55	40	54	62	61	67	69	72	103
Income taxes, net	8	-	-	4	6	10	18	22	18	2	65	34	29	26	26
Increase (decrease) in accounts payable related to purchases of property, plant and equipment	-	13	-19	-	4	4	-2	4	-7	9	3	8	5	-12	-3
Right of use assets obtained in exchange for new lease liabilities	-	-	-	-	-	-	-	-	-	-	-	-	-	-	13
Increase in asset retirement cost and asset retirement obligation	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1