Head-To-Head Analysis: Ormat Technologies (NYSE:ORA) vs. AltC Acquisition (NYSE:ALCC)

AltC Acquisition (NYSE:ALCC) and Ormat Technologies (NYSE:ORA) are both oils/energy companies, but which is the superior investment? We will contrast the two businesses based on the strength of their dividends, risk, analyst recommendations, earnings, profitability, institutional ownership and valuation.

Earnings and Valuation

This table compares AltC Acquisition and Ormat Technologies”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
AltC Acquisition	N/A	N/A	$11.87 million	N/A	N/A
Ormat Technologies	$890.25 million	4.59	$124.40 million	$1.96	34.45

Ormat Technologies has higher revenue and earnings than AltC Acquisition.

Analyst Ratings

This is a breakdown of recent recommendations for AltC Acquisition and Ormat Technologies, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
AltC Acquisition	0	0	0	0	0.00
Ormat Technologies	0	4	3	0	2.43

Ormat Technologies has a consensus target price of $83.57, indicating a potential upside of 23.77%. Given Ormat Technologies’ stronger consensus rating and higher possible upside, analysts plainly believe Ormat Technologies is more favorable than AltC Acquisition.

Insider & Institutional Ownership

85.0% of AltC Acquisition shares are held by institutional investors. Comparatively, 95.5% of Ormat Technologies shares are held by institutional investors. 21.8% of AltC Acquisition shares are held by company insiders. Comparatively, 1.0% 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 stock is poised for long-term growth.

Profitability

This table compares AltC Acquisition and Ormat Technologies’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
AltC Acquisition	N/A	-85.44%	2.50%
Ormat Technologies	13.33%	5.27%	2.40%

Volatility and Risk

AltC Acquisition has a beta of -0.06, meaning that its share price is 106% less volatile than the S&P 500. Comparatively, Ormat Technologies has a beta of 0.53, meaning that its share price is 47% less volatile than the S&P 500.

Summary

Ormat Technologies beats AltC Acquisition on 9 of the 11 factors compared between the two stocks.

About AltC Acquisition

AltC Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other business combination with one or more businesses. The company was formerly known as Churchill Capital Corp VIII and changed its name to AltC Acquisition Corp. in February 2021. AltC Acquisition Corp. was incorporated in 2021 and is based in New York, New York.

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.