KENON HOLDINGS LTD (KEN) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:KEN - SG9999012629 - Common Stock
65.47 USD
+0.74 (+1.14%)
61.39 USD
-4.08 (-6.23%)
Taking everything into account, KEN scores 5 out of 10 in our fundamental rating. KEN was compared to 20 industry peers in the Independent Power and Renewable Electricity Producers industry. KEN is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. KEN has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
KEN had positive earnings in the past year.
In the past year KEN had a positive cash flow from operations.
Of the past 5 years KEN 4 years were profitable.
In the past 5 years KEN always reported a positive cash flow from operatings.
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 has a Return On Equity of 31.84%. This is amongst the best in the industry. KEN outperforms 100.00% of its industry peers.
Looking at the Return On Invested Capital, with a value of 0.51%, KEN is doing worse than 75.00% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for KEN is below the industry average of 4.09%.
The last Return On Invested Capital (0.51%) for KEN is above the 3 year average (0.50%), which is a sign of increasing profitability.
| 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
The Profit Margin of KEN (59.34%) is better than 100.00% of its industry peers.
In the last couple of years the Profit Margin of KEN has declined.
KEN's Operating Margin of 4.42% is on the low side compared to the rest of the industry. KEN is outperformed by 75.00% of its industry peers.
KEN's Operating Margin has declined in the last couple of years.
The Gross Margin of KEN (18.15%) is worse 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so KEN is destroying value.
The number of shares outstanding for KEN has been reduced compared to 1 year ago.
The number of shares outstanding for KEN has been reduced compared to 5 years ago.
The debt/assets ratio for KEN has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.55, we must say that KEN is in the distress zone and has some risk of bankruptcy.
KEN's Altman-Z score of 1.55 is fine compared to the rest of the industry. KEN outperforms 70.00% of its industry peers.
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.
With an excellent Debt to FCF ratio value of 9.07, KEN belongs to the best of the industry, outperforming 85.00% of the companies in the same industry.
KEN has a Debt/Equity ratio of 0.84. This is a neutral value indicating KEN is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.84, KEN is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.84 | ||
| Debt/FCF | 9.07 | ||
| Altman-Z | 1.55 |
ROIC/WACC0.07
WACC7.05%
2.3 Liquidity
A Current Ratio of 4.66 indicates that KEN has no problem at all paying its short term obligations.
KEN's Current ratio of 4.66 is amongst the best of the industry. KEN outperforms 100.00% of its industry peers.
A Quick Ratio of 4.66 indicates that KEN has no problem at all paying its short term obligations.
With an excellent Quick ratio value of 4.66, KEN belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
| 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.
Measured over the past years, KEN shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -13.11% on average per year.
The Revenue has grown by 8.15% in the past year. This is quite good.
KEN shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 15.00% yearly.
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 7.25, which indicates a rather cheap valuation of KEN.
KEN's Price/Earnings ratio is rather cheap when compared to the industry. KEN is cheaper than 90.00% of the companies in the same industry.
KEN's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.50.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.25 | ||
| Fwd PE | N/A |
4.2 Price Multiples
65.00% of the companies in the same industry are cheaper than KEN, based on the Enterprise Value to EBITDA ratio.
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 | 22.68 | ||
| EV/EBITDA | 30.39 |
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
KEN has a Yearly Dividend Yield of 7.58%, which is a nice return.
Compared to an average industry Dividend Yield of 1.46, KEN pays a better dividend. On top of this KEN pays more dividend than 100.00% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 1.87, KEN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.58% |
5.2 History
On average, the dividend of KEN grows each year by 25.85%, which is quite nice.
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
KEN pays out 54.66% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP54.66%
EPS Next 2YN/A
EPS Next 3YN/A
65.47
+0.74 (+1.14%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Earnings (Last)
Earnings (Next)
Inst Owners22.23%
Inst Owner Change7.65%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap3.41B
Revenue(TTM)803.30M
Net Income(TTM)476.67M
Analysts84
Price TargetN/A
Short Float %0.16%
Short Ratio3.13
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.58% |
Yearly Dividend3.82
Dividend Growth(5Y)25.85%
DP54.66%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.25 | ||
| Fwd PE | N/A | ||
| P/S | 4.25 | ||
| P/FCF | 22.68 | ||
| P/OCF | 14.63 | ||
| P/B | 2.28 | ||
| P/tB | 2.41 | ||
| EV/EBITDA | 30.39 |
EPS(TTM)9.03
EY13.79%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)2.89
FCFY4.41%
OCF(TTM)4.47
OCFY6.83%
SpS15.42
BVpS28.73
TBVpS27.2
PEG (NY)N/A
PEG (5Y)N/A
Graham Number76.41
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.17% | ||
| ROE | 31.84% | ||
| ROCE | 0.81% | ||
| ROIC | 0.51% | ||
| ROICexc | 0.71% | ||
| ROICexgc | 0.73% | ||
| OM | 4.42% | ||
| PM (TTM) | 59.34% | ||
| GM | 18.15% | ||
| FCFM | 18.72% |
ROA(3y)5.58%
ROA(5y)12.04%
ROE(3y)12.37%
ROE(5y)27.3%
ROIC(3y)0.5%
ROIC(5y)0.58%
ROICexc(3y)0.68%
ROICexc(5y)0.83%
ROICexgc(3y)0.73%
ROICexgc(5y)0.88%
ROCE(3y)0.8%
ROCE(5y)0.92%
ROICexgc growth 3Y19.58%
ROICexgc growth 5Y-18.03%
ROICexc growth 3Y24.1%
ROICexc growth 5Y-18.43%
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%
F-Score5
Asset Turnover0.17
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.84 | ||
| Debt/FCF | 9.07 | ||
| Debt/EBITDA | 11.29 | ||
| Cap/Depr | 108.15% | ||
| Cap/Sales | 10.29% | ||
| Interest Coverage | 0.69 | ||
| Cash Conversion | 208.22% | ||
| Profit Quality | 31.56% | ||
| Current Ratio | 4.66 | ||
| Quick Ratio | 4.66 | ||
| Altman-Z | 1.55 |
F-Score5
WACC7.05%
ROIC/WACC0.07
Cap/Depr(3y)386.51%
Cap/Depr(5y)356.45%
Cap/Sales(3y)46.81%
Cap/Sales(5y)41.5%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)180.11%
EPS 3Y-13.11%
EPS 5YN/A
EPS Q2Q%-44.44%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)8.15%
Revenue growth 3Y15.48%
Revenue growth 5Y15%
Sales Q2Q%11.81%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-41.38%
EBIT growth 3Y26.8%
EBIT growth 5Y-3.24%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y142.21%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-25.63%
OCF growth 3Y3.3%
OCF growth 5Y25.43%
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.
What is the valuation status for KEN stock?
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 valuation of KENON HOLDINGS LTD based on its PE and PB ratios?
The Price/Earnings (PE) ratio for KENON HOLDINGS LTD (KEN) is 7.25 and the Price/Book (PB) ratio is 2.28.
What is the financial health of KENON HOLDINGS LTD (KEN) stock?
The financial health rating of KENON HOLDINGS LTD (KEN) is 7 / 10.