Gilon Beck - Ormat Technologies Independent Chairman of the Board

ORA Stock  USD 62.92  0.81  1.30%   

Chairman

Mr. Gillon Beck is Independent Chairman of the Board of the Company. He was the Chairman of our Board since November 17, 2015 and a member of our Board since May 22, 2012. He also served as Chairman of our Board from May 22, 2012 until June 30, 2014. Since 2003, Mr. Beck was a Senior Partner at FIMI Opportunity Funds, as well as a Director of the FIMI Opportunity Funds General Partners and SPV companies. In addition, Mr. Beck currently serves as Chairman of the Board of Directors of HamLet Ltd., Chairman of Magal Security Systems Ltd. and Chairman of Inrom Industries, Ltd., Rivulis Ltd, H.R. Givon Ltd., Overseas Commerce Ltd and Oxygen and Argon Works Ltd, the five of which are private companies. He also serves as a member of the Board of Directors of Inrom Construction Material Ltd . During the past five years, Mr. Beck had served as a member of the Board of Directors of the following public companies Ormat Industries Ltd and Retalix Ltd. From 1999 to 2003, Mr. Beck served as Chief Executive Officer and President of Arad Ltd., a publiclytraded water measurement and automatic meter reading company, and from 1995 to 1999, he served as Chief Operating Officer of Arad Ltd since 2015.
Age 53
Tenure 9 years
Professional MarksMBA
Address 6140 Plumas Street, Reno, NV, United States, 89519-6075
Phone775 356 9029
Webhttps://www.ormat.com
Beck received a BS degree in Industrial Engineering in 1990 from the Technion – Israel Institute of Technology, and a MBA in Finance in 1992 from BarIlan University.

Ormat Technologies Management Efficiency

The company has Return on Asset of 0.0215 % which means that on every $100 spent on assets, it made $0.0215 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0594 %, implying that it generated $0.0594 on every 100 dollars invested. Ormat Technologies' management efficiency ratios could be used to measure how well Ormat Technologies manages its routine affairs as well as how well it operates its assets and liabilities. At present, Ormat Technologies' Return On Capital Employed is projected to slightly decrease based on the last few years of reporting. The current year's Return On Equity is expected to grow to 0.06, whereas Return On Tangible Assets are forecasted to decline to 0.02. At present, Ormat Technologies' Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 4.8 B, whereas Other Assets are forecasted to decline to about 132.5 M.
The company has 2.12 B in debt with debt to equity (D/E) ratio of 1.05, which is OK given its current industry classification. Ormat Technologies has a current ratio of 1.63, which is typical for the industry and considered as normal. Debt can assist Ormat Technologies until it has trouble settling it off, either with new capital or with free cash flow. So, Ormat Technologies' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Ormat Technologies sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ormat to invest in growth at high rates of return. When we think about Ormat Technologies' use of debt, we should always consider it together with cash and equity.

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Ormat Technologies, Inc. engages in the geothermal and recovered energy power business in the United States, Indonesia, Kenya, Turkey, Chile, Guadeloupe, Guatemala, Ethiopia, New Zealand, Honduras, and internationally. Ormat Technologies, Inc. was founded in 1965 and is based in Reno, Nevada. Ormat Technologies operates under UtilitiesRenewable classification in the United States and is traded on New York Stock Exchange. It employs 1385 people. Ormat Technologies (ORA) is traded on New York Stock Exchange in USA. It is located in 6140 Plumas Street, Reno, NV, United States, 89519-6075 and employs 1,576 people. Ormat Technologies is listed under Independent Power and Renewable Electricity Producers category by Fama And French industry classification.

Management Performance

Ormat Technologies Leadership Team

Elected by the shareholders, the Ormat Technologies' board of directors comprises two types of representatives: Ormat Technologies inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ormat. The board's role is to monitor Ormat Technologies' management team and ensure that shareholders' interests are well served. Ormat Technologies' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Ormat Technologies' outside directors are responsible for providing unbiased perspectives on the board's policies.
Ravit Barniv, Independent Director
Ami Boehm, Independent Director
Nir Wolf, Executive VP of Market Devel.
Shlomi Argas, President, Executive Vice President - Operations and Products
Ofer Benyosef, Executive Vice President—Energy Storage and Business Development
Stanley Stern, Independent Director
Robert Joyal, Independent Director
Erez Klein, Executive Vice President - Production
Elad Zalkin, Business Projects
Dan Falk, Lead Independent Director
Bob Sullivan, Executive Vice President of Sales and Marketing and Business Development
Doron Blachar, President, Chief Financial Officer
Robert Clarke, Independent Director
Todd Freeland, Independent Chairman of the Board
Jessica Woelfel, Vice President - U.S. Legal, Interim General Counsel
Etty Rosner, Senior Vice President - Contract Management, Corporate Secretary
Zvi Krieger, Executive Vice President - Electricity Segment
Byron Wong, Independent Director
Yuichi Nishigori, Independent Director
Gilon Beck, Independent Chairman of the Board
Mike Nikkel, Independent Director
Isaac Angel, Chief Executive Officer
Hidetake Takahashi, Independent Director
Stan Koyanagi, Independent Director
Assaf Ginzburg, Executive Vice President - Business Development, Sales and Marketing
Smadar Lavi, Vice President Corporate Finance, Head of Investor Relations
Ofer Yosef, Executive Development
Hezi Kattan, Chief Compliance Officer, General Counsel
Shimon Hatzir, Executive Vice President—Electricity Segment
Nirit Grushko, RD, Engineering
David Granot, Independent Director
Dafna Sharir, Independent Director
Albertus Bruggink, Independent Director
Liza Tavori, Executive Resources
Gillon Beck, Director

Ormat Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Ormat Technologies a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether Ormat Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ormat Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ormat Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ormat Technologies Stock:
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Is Ormat Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ormat Technologies. If investors know Ormat will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ormat Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.84
Dividend Share
0.48
Earnings Share
2.08
Revenue Per Share
13.958
Quarterly Revenue Growth
0.174
The market value of Ormat Technologies is measured differently than its book value, which is the value of Ormat that is recorded on the company's balance sheet. Investors also form their own opinion of Ormat Technologies' value that differs from its market value or its book value, called intrinsic value, which is Ormat Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ormat Technologies' market value can be influenced by many factors that don't directly affect Ormat Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ormat Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ormat Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ormat Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.