OY Nofar Energy Ltd (NOFR) fair value: what the stock is really worth
As of Sep 23, 2026: fair value of OY Nofar Energy Ltd ILS 40.00, price ILS 156, upside -74.4%, quality 19 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range 70.10 ILA – 281.40 ILA · fair‑value band 33.33 ILA – 50.00 ILA · the 156.30 ILA price screens above the 40.00 ILA fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 2 fiscal years are left out: there the valuation rested on only a fraction of the usual models. Dashed = 300-day average. As of Sep 24, 2026.
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O.Y. Nofar Energy Ltd develops, designs, licenses, constructs, and operates photovoltaic systems on rooftops in Israel. It engages in the initiation, financing, construction, operation, and maintenance of solar power generation systems, wind power generation systems, and battery storage systems.
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O.Y. Nofar Energy Ltd develops, designs, licenses, constructs, and operates photovoltaic systems on rooftops in Israel. It engages in the initiation, financing, construction, operation, and maintenance of solar power generation systems, wind power generation systems, and battery storage systems. It serves in the United States, Poland, Romania, Spain, Italy, England, Serbia and Czech Republic. O.Y. Nofar Energy Ltd was incorporated in 2011 and is based in Ashdod, Israel.
Stock analysis
OY Nofar Energy Ltd (NOFR) currently trades at 156.30 ILA, while our model-based Fair Value estimate is 40.00 ILA, implying the stock looks roughly 290.8% overvalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of 47.61 ILA per share, and 0 of the 9 models we run sit above the 156.30 ILA price.
Bear case: the Earnings-Based group reads lowest at 22.52 ILA, and 9 of the 9 models stay below the price. Evidence for this calculation is medium.
Scenario range: 33.33 ILA (bear) to 50.00 ILA (bull), the price of 156.30 ILA sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 19/100 (below-average quality), in the Utilities sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
OY Nofar Energy Ltd reported revenue of 311M ILS in FY2025 versus 361M ILS in FY2021, a compound −3.6%/yr. Reported net income was 90.1M ILS in FY2025, compounding +112.9%/yr from FY2021.
Key figures
Market cap 8.2B ILA · P/E ratio 95.9 · P/S ratio 27.8 · EPS (TTM) 1.63 ILA · Net margin 29.0% · Return on equity 0.9% · Return on assets (EBIT) 0.3% · Operating margin −26.0%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 32 out of 100 (low confidence).
What moves the price
The share trades about 44% below its 52-week high and 73% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Utilities peers we cover trades at −34% fair-value upside, at −74%, NOFR screens richer than that median.
Fair Value models
Bear 33.33 ILAFair Value 40.00 ILABull 50.00 ILA
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then (1.19 ILS per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.36/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
−0.6%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−1.4%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+7.7%
Start year 2020 (pandemic)
Revenue growth 8 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+28.1%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
+68.5%
Earnings growth per share plus dividend.
Earnings per share, growth per year+68.5%
Dividend (yield on the price)0.0%
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.−122% → −24%
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Utilities - Renewable · 210 stocks
Beats the industry median on 2/11 measures
Overall it trails its industry peers.
Valuation
Quality Score19 · Bottom 25%
Fair Value upside−74% · Bottom 25%
Profitability
Return on equity (TTM)1% · Below median
Return on assets−1% · Bottom 25%
Net margin (TTM)18% · Above median
Operating margin (TTM)−26% · Bottom 25%
Growth and dividend
Revenue growth39% · Top 25%
Balance sheet
Debt / equity1.81× · Highest 25%
Valuation Multiplesvs Utilities - Renewable median · lower = cheaper
P/E (TTM)95.9× · Priciest 25%
P/B1.45× · Pricier than median
P/S (TTM)7.91× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 13
FUTURE (revenue growth)100· sector 0
PAST (return on equity)4· sector 14
HEALTH (low debt)10· sector 68
DIVIDEND (yield)0· sector 47
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "OY Nofar Energy Ltd Fair Value". https://www.fairvalue-calculator.com/stock/NOFR
Frequently asked questions
Is OY Nofar Energy Ltd (NOFR) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of 40.00 ILA versus a price of 156.30 ILA, about −74% upside (overvalued).
What is the fair value of NOFR?
Our model-based fair value for OY Nofar Energy Ltd is 40.00 ILA (as of Sep 24, 2026), built from audited fundamentals. The current price: 156.30 ILA.
What is the quality score of NOFR?
OY Nofar Energy Ltd has a Quality Score of 19/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for OY Nofar Energy Ltd (NOFR)?
Our model-based price target is the fair value of 40.00 ILA (as of Sep 24, 2026) from 9 valuation models. Cautious scenario 33.33 ILA, optimistic scenario 50.00 ILA. It is a calculation from audited fundamentals, not an analyst target.
What is the OY Nofar Energy Ltd stock forecast for 2026?
Our models put fair value at 40.00 ILA, about −74% upside versus a price of 156.30 ILA (overvalued). Cautious scenario 33.33 ILA, optimistic scenario 50.00 ILA. The calculation is refreshed regularly with new filings.
What is the revenue of OY Nofar Energy Ltd (NOFR)?
OY Nofar Energy Ltd reported trailing-twelve-month revenue of about 341M ILS (latest available figure, as of Sep 24, 2026).
What is the intrinsic value of OY Nofar Energy Ltd (NOFR)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For OY Nofar Energy Ltd it is 40.00 ILA per share (as of Sep 24, 2026), against a price of 156.30 ILA. It is the blended result of 9 valuation models (cash flow, earnings, asset, dividend).
Is OY Nofar Energy Ltd stock overvalued or undervalued in 2026?
As of Sep 24, 2026, NOFR trades above its calculated fair value: price 156.30 ILA, fair value 40.00 ILA, a gap of about −74% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of NOFR?
No. The price is what the market pays today (156.30 ILA); the fair value is what the company's own numbers justify (40.00 ILA). For OY Nofar Energy Ltd the two are 116.30 ILA per share apart. That gap is exactly why we show both numbers side by side.
How much is OY Nofar Energy Ltd worth?
The market values OY Nofar Energy Ltd at about 8.2B ILA (market capitalisation, as of Sep 24, 2026). Per share that is 156.30 ILA; our models calculate a fair value of 40.00 ILA per share.
What do the bullish and bearish scenarios say about NOFR?
Our models span a range for OY Nofar Energy Ltd: cautious scenario 33.33 ILA, base 40.00 ILA, optimistic 50.00 ILA per share (as of Sep 24, 2026, price 156.30 ILA). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of NOFR?
OY Nofar Energy Ltd trades at a price-to-earnings ratio of 95.9 (as of Sep 24, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 40.00 ILA is built from several models across several years. Other multiples: P/B 1.5, P/S 7.9.
How solid is the balance sheet of OY Nofar Energy Ltd (NOFR)?
Balance-sheet figures for OY Nofar Energy Ltd (as of Sep 24, 2026): return on equity 0.9%, debt of 1.81 per unit of equity. They feed the Quality Score of 19/100, which measures business quality independently of the share price.
How far is NOFR from its 52-week high?
OY Nofar Energy Ltd trades at 156.30 ILA, about 44% below its 52-week high of 281.40 ILA and 73% above the low of 90.37 ILA (as of Sep 23, 2026). Distance from the high says nothing about value: that is what the fair value of 40.00 ILA is for.
Which stocks are comparable to OY Nofar Energy Ltd?
From the same area (Utilities) we also value China Yangtze Power Co, Ørsted A/S, Huaneng Lancang River Hydropower Inc, Adani Green Energy Limited, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is OY Nofar Energy Ltd stock attractive at the current price?
The data as of Sep 24, 2026: price 156.30 ILA, calculated fair value 40.00 ILA (−74%), Quality Score 19/100, from 9 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of NOFR calculated?
We run OY Nofar Energy Ltd through 9 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of 40.00 ILA, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.1 % above its aggregate fair value. OY Nofar Energy Ltd itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of OY Nofar Energy Ltd (NOFR)?
The closing price on Sep 23, 2026 was 156.30 ILA. Our model-based fair value is 40.00 ILA, about −74% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with OY Nofar Energy Ltd right now?
The price sits above even our optimistic bull case (50.00 ILA). The favourable scenario is already priced in. Weak quality (19/100) and above fair value at the same time, the margin of safety is missing on both counts.
Key figures of OY Nofar Energy Ltd
How large is the market capitalisation of OY Nofar Energy Ltd (NOFR)?
The market capitalisation of OY Nofar Energy Ltd is 8.2B ILA. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of OY Nofar Energy Ltd (NOFR)?
The price-to-sales ratio of OY Nofar Energy Ltd is 27.8 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of OY Nofar Energy Ltd (NOFR)?
Earnings per share at OY Nofar Energy Ltd are 1.63 ILA (price ÷ EPS = P/E 95.9). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of OY Nofar Energy Ltd (NOFR)?
The net margin of OY Nofar Energy Ltd is 29.0% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of OY Nofar Energy Ltd (NOFR)?
The return on equity (ROE) of OY Nofar Energy Ltd is 0.9% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of OY Nofar Energy Ltd (NOFR)?
On an EBIT basis the return on assets of OY Nofar Energy Ltd is 0.3% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of OY Nofar Energy Ltd (NOFR)?
The operating margin of OY Nofar Energy Ltd is −26.0% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at OY Nofar Energy Ltd (NOFR)?
Revenue at OY Nofar Energy Ltd is growing +38.7% versus a year earlier (3y avg −1.4%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at OY Nofar Energy Ltd (NOFR)?
Earnings per share at OY Nofar Energy Ltd are growing +940% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does OY Nofar Energy Ltd (NOFR) generate?
The free cash flow of OY Nofar Energy Ltd is −1.3B ILA (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does OY Nofar Energy Ltd (NOFR) carry?
The net debt of OY Nofar Energy Ltd is 3.7B ILA (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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