Head to Head Review: Ormat Technologies (NYSE:ORA) vs. Spark Power Group (OTCMKTS:SKPGF)

Spark Power Group (OTCMKTS:SKPGF) and Ormat Technologies (NYSE:ORA) are both utilities companies, but which is the superior business? We will compare the two businesses based on the strength of their valuation, analyst recommendations, institutional ownership, profitability, risk, earnings and dividends.

Insider & Institutional Ownership

95.5% of Ormat Technologies shares are held by institutional investors. 0.5% of Ormat Technologies shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Valuation & Earnings

This table compares Spark Power Group and Ormat Technologies”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Spark Power Group	N/A	N/A	N/A	N/A	N/A
Ormat Technologies	$989.54 million	7.14	$123.90 million	$2.03	56.57

Ormat Technologies has higher revenue and earnings than Spark Power Group.

Profitability

This table compares Spark Power Group and Ormat Technologies’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Spark Power Group	N/A	N/A	N/A
Ormat Technologies	10.66%	6.61%	2.75%

Analyst Ratings

This is a summary of current ratings and price targets for Spark Power Group and Ormat Technologies, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Spark Power Group	0	0	0	0	0.00
Ormat Technologies	1	5	8	0	2.50

Ormat Technologies has a consensus target price of $130.83, suggesting a potential upside of 13.93%. Given Ormat Technologies’ stronger consensus rating and higher possible upside, analysts plainly believe Ormat Technologies is more favorable than Spark Power Group.

Summary

Ormat Technologies beats Spark Power Group on 9 of the 9 factors compared between the two stocks.

About Spark Power Group

Spark Power Group Inc. provides electrical contracting, operations, and maintenance services, as well as energy sustainability solutions in Canada and the United States. The company's Technical Services segment offers low-voltage technical services, including electrical contracting, custom control panel design and assembly, industrial automation, electronic repair, systems integration, and 24/7 emergency services; and medium and high voltage technical services, such as power on', equipment installation, sub-station construction and maintenance, commissioning, power line construction and maintenance, thermography, and transformer maintenance services. This segment also provides engineering services comprising power systems engineering, protection and control engineering, substation engineering, SCADA engineering, and arc flash studies, as well as fabrication shop/paint services; buys, refurbishes, and resells used electrical equipment; sells and rents power transformers; and sells medium voltage electrical switchgears. Its Renewables segment offers renewables operations and maintenance services comprising wind, solar, battery energy storage systems, and electric vehicle assets. The company serves industrial, commercial, institutional, renewable, and agricultural customers, as well as utility markets, including municipalities, universities, schools, and hospitals. Spark Power Group Inc. is headquartered in Oakville, Canada. As of December 5, 2023, Spark Power Group Inc. was taken private.

About Ormat Technologies

Ormat Technologies, Inc. engages in the geothermal and recovered energy power business in the United States, Indonesia, Kenya, Turkey, Chile, Guatemala, Guadeloupe, New Zealand, Honduras, and internationally. It operates in three segments: Electricity, Product, and Energy Storage. The Electricity segment develops, builds, owns, and operates geothermal, solar photovoltaic, and recovered energy-based power plants; and sells electricity. The Product segment designs, manufactures, and sells equipment for geothermal and recovered energy-based electricity generation; and provides services relating to the engineering, procurement, construction, operation, and maintenance of geothermal and recovered energy-based power plants. This segment serves contractors; and owners and operators of interstate natural gas pipelines, gas processing plants, and cement plants, as well as companies in other energy-intensive industrial processes. The Energy Storage segment offers battery energy storage systems and related services. Ormat Technologies, Inc. was founded in 1965 and is headquartered in Reno, Nevada.