Discounted Cash Flow

Ormat Technologies, Inc.

ORA · Based on 10 years of SEC filings

DCF estimate unavailable — No positive free cash flow in recent history — company has not generated positive FCF

Average annual growth rates

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income
Dividends

Average annual growth is the mean year-over-year change across each period.

Endpoint CAGR (better for long term trend)

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Endpoint CAGR is the compound annual rate from the first to last year in each period.

Projections use average year-over-year growth. Change this in Settings.

Projected growth rate

Free cash flow growth
10-year: — 5-year: — 3-year: —
Averaged growth (FCF & NI)
10-year: — 5-year: — 3-year: —
Net income growth
10-year: — 5-year: — 3-year: —
Sales growth (not added to calculations)
10-year: — 5-year: — 3-year: —

Click a greyed-out slider to switch metrics. Slide between the 10-year, 5-year, and 3-year historic growth rates for FCF, net income, or their average.

%
%

Historical inputs (10 fiscal years)

YEAR Sales Net Income Free Cash Flow Net Margin EPS (diluted)
2016 $662.6m $93.9m $7.4m 14.2% $1.90
2017 $692.8m (4.6%) $132.4m (41.0%) $-13.7m (-285.7%) 19.1% (34.8%) $2.64 (38.9%)
2018 $719.3m (3.8%) $98.0m (-26.0%) $-112.7m (-725.1%) 13.6% (-28.7%) $1.93 (-26.9%)
2019 $746.0m (3.7%) $88.1m (-10.1%) $-43.5m (61.4%) 11.8% (-13.3%) $1.73 (-10.4%)
2020 $705.3m (-5.5%) $85.5m (-3.0%) $-55.7m (-28.1%) 12.1% (2.6%) $1.66 (-4.0%)
2021 $663.1m (-6.0%) $62.1m (-27.3%) $-160.4m (-187.9%) 9.4% (-22.7%) $1.11 (-33.1%)
2022 $734.2m (10.7%) $65.8m (6.0%) $-282.5m (-76.1%) 9.0% (-4.2%) $1.17 (5.4%)
2023 $829.4m (13.0%) $124.4m (88.9%) $-309.0m (-9.4%) 15.0% (67.2%) $2.09 (78.6%)
2024 $879.7m (6.1%) $123.7m (-0.5%) $-76.8m (75.2%) 14.1% (-6.2%) $2.05 (-1.9%)
2025 $989.5m (12.5%) $123.9m (0.1%) $-284.7m (-270.9%) 12.5% (-11.0%) $2.04 (-0.5%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

Projected cash flows

Year Projected cash flow Discount Factor Present Value

PV of projected FCF:

Terminal FCF:

Terminal value:

PV of terminal value:

Enterprise value (DCF):

DCF price per share:

Current price:

Alternative DCF Models

Model Fair Value Upside PV(FCFs) PV(Terminal) Total Years
Standard (10yr→TV) 10 + TV
Alt A (Gradual Decline)
Alt B (30yr Hard Stop) N/A

This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.

+ 10YR Financials Balance Sheet (10YR) Cash Flow (10YR) DCF Model

No positive free cash flow in recent history — company has not generated positive FCF

Once the company meets all DCF eligibility criteria (sufficient history, profitability, growth trends), an estimate will become available automatically. No action is needed.