KENON HOLDINGS LTD (KEN) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:KEN - SG9999012629 - Common Stock
72 USD
-3.65 (-4.82%)
KEN gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 20 industry peers in the Independent Power and Renewable Electricity Producers industry. KEN has an excellent financial health rating, but there are some minor concerns on its profitability. KEN is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
- KEN had positive earnings in the past year.
- KEN had a positive operating cash flow in the past year.
- Of the past 5 years KEN 4 years were profitable.
- Each year in the past 5 years KEN had a positive operating cash flow.
1.2 Ratios
- KEN's Return On Assets of 10.17% is amongst the best of the industry. KEN outperforms 100.00% of its industry peers.
- KEN's Return On Equity of 31.84% is amongst the best of the industry. KEN outperforms 100.00% of its industry peers.
- KEN has a worse Return On Invested Capital (0.51%) than 75.00% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for KEN is below the industry average of 4.09%.
- The 3 year average ROIC (0.50%) for KEN is below the current ROIC(0.51%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.17% | ||
| ROE | 31.84% | ||
| ROIC | 0.51% |
ROA(3y)5.58%
ROA(5y)12.04%
ROE(3y)12.37%
ROE(5y)27.3%
ROIC(3y)0.5%
ROIC(5y)0.58%
1.3 Margins
- KEN has a Profit Margin of 59.34%. This is amongst the best in the industry. KEN outperforms 100.00% of its industry peers.
- KEN's Profit Margin has declined in the last couple of years.
- The Operating Margin of KEN (4.42%) is worse than 75.00% of its industry peers.
- KEN's Operating Margin has declined in the last couple of years.
- KEN has a worse Gross Margin (18.15%) than 70.00% of its industry peers.
- In the last couple of years the Gross Margin of KEN has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.42% | ||
| PM (TTM) | 59.34% | ||
| GM | 18.15% |
OM growth 3Y9.8%
OM growth 5Y-15.86%
PM growth 3Y-25.28%
PM growth 5YN/A
GM growth 3Y-6.34%
GM growth 5Y-6.78%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), KEN is destroying value.
- Compared to 1 year ago, KEN has less shares outstanding
- Compared to 5 years ago, KEN has less shares outstanding
- KEN has a better debt/assets ratio than last year.
2.2 Solvency
- KEN has an Altman-Z score of 1.65. This is a bad value and indicates that KEN is not financially healthy and even has some risk of bankruptcy.
- With a decent Altman-Z score value of 1.65, KEN is doing good in the industry, outperforming 80.00% of the companies in the same industry.
- KEN has a debt to FCF ratio of 9.07. This is a negative value and a sign of low solvency as KEN would need 9.07 years to pay back of all of its debts.
- Looking at the Debt to FCF ratio, with a value of 9.07, KEN belongs to the top of the industry, outperforming 85.00% of the companies in the same industry.
- A Debt/Equity ratio of 0.84 indicates that KEN is somewhat dependend on debt financing.
- With a decent Debt to Equity ratio value of 0.84, KEN is doing good in the industry, outperforming 70.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.84 | ||
| Debt/FCF | 9.07 | ||
| Altman-Z | 1.65 |
ROIC/WACC0.07
WACC7.22%
2.3 Liquidity
- A Current Ratio of 4.66 indicates that KEN has no problem at all paying its short term obligations.
- Looking at the Current ratio, with a value of 4.66, KEN belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
- A Quick Ratio of 4.66 indicates that KEN has no problem at all paying its short term obligations.
- KEN's Quick ratio of 4.66 is amongst the best of the industry. KEN outperforms 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.66 | ||
| Quick Ratio | 4.66 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 180.11% over the past year.
- KEN shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -13.11% yearly.
- The Revenue has grown by 8.15% in the past year. This is quite good.
- Measured over the past years, KEN shows a quite strong growth in Revenue. The Revenue has been growing by 15.00% on average per year.
EPS 1Y (TTM)180.11%
EPS 3Y-13.11%
EPS 5YN/A
EPS Q2Q%-44.44%
Revenue 1Y (TTM)8.15%
Revenue growth 3Y15.48%
Revenue growth 5Y15%
Sales Q2Q%11.81%
3.2 Future
- No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
- No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
- No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
- No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 7.97, which indicates a rather cheap valuation of KEN.
- Based on the Price/Earnings ratio, KEN is valued cheaper than 90.00% of the companies in the same industry.
- The average S&P500 Price/Earnings ratio is at 28.60. KEN is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.97 | ||
| Fwd PE | N/A |
4.2 Price Multiples
- KEN's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. KEN is more expensive than 70.00% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, KEN is valued a bit cheaper than the industry average as 80.00% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.94 | ||
| EV/EBITDA | 35.13 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 6.79%, KEN is a good candidate for dividend investing.
- KEN's Dividend Yield is rather good when compared to the industry average which is at 1.36. KEN pays more dividend than 100.00% of the companies in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.82, KEN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.79% |
5.2 History
- The dividend of KEN is nicely growing with an annual growth rate of 25.85%!
- KEN has been paying a dividend for over 5 years, so it has already some track record.
- The dividend of KEN decreased recently.
Dividend Growth(5Y)25.85%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
- 54.66% of the earnings are spent on dividend by KEN. This is a bit on the high side, but may be sustainable.
DP54.66%
EPS Next 2YN/A
EPS Next 3YN/A
KENON HOLDINGS LTD / KEN FAQ
What is the ChartMill fundamental rating of KENON HOLDINGS LTD (KEN) stock?
ChartMill assigns a fundamental rating of 5 / 10 to KEN.
Can you provide the valuation status for KENON HOLDINGS LTD?
ChartMill assigns a valuation rating of 4 / 10 to KENON HOLDINGS LTD (KEN). This can be considered as Fairly Valued.
What is the profitability of KEN stock?
KENON HOLDINGS LTD (KEN) has a profitability rating of 5 / 10.
What is the financial health of KENON HOLDINGS LTD (KEN) stock?
The financial health rating of KENON HOLDINGS LTD (KEN) is 7 / 10.