Kenon Holdings Stock Today

KEN Stock  USD 29.85  0.47  1.60%   

Performance

14 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 27

 
High
 
Low
Below Average
Kenon Holdings is selling at 29.85 as of the 30th of November 2024; that is 1.60 percent up since the beginning of the trading day. The stock's open price was 29.38. Kenon Holdings has about a 27 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat good performance during the last 90 days. Equity ratings for Kenon Holdings are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
Business Domain
Utilities
IPO Date
14th of January 2015
Kenon Holdings Ltd., through its subsidiaries, operates as an owner, developer, and operator of power generation facilities in Israel, the United States, and internationally. Kenon Holdings Ltd. is a subsidiary of Ansonia Holdings Singapore B.V. Kenon Holdings operates under UtilitiesIndependent Power Producers classification in the United States and is traded on New York Stock Exchange. The company has 52.78 M outstanding shares of which 16.32 K shares are now shorted by investors with about 2.05 days to cover. More on Kenon Holdings

Moving together with Kenon Stock

  0.83NRG NRG EnergyPairCorr
  0.84PAM Pampa Energia SAPairCorr
  0.78TAC TransAlta CorpPairCorr
  0.87VST Vistra Energy CorpPairCorr

Moving against Kenon Stock

  0.85ELPC Companhia ParanaensePairCorr
  0.71FE FirstEnergy Sell-off TrendPairCorr
  0.7RNWWW ReNew Energy GlobalPairCorr
  0.69ES Eversource EnergyPairCorr
  0.54ED Consolidated EdisonPairCorr
  0.47HE Hawaiian ElectricPairCorr

Kenon Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Chief Executive OfficerRobert Rosen
Old Names[Kenadyr Mining Corp, KUTHENERGY FPO]
Business ConcentrationIndependent Power and Renewable Electricity Producers, Utilities - Independent Power Producers, Utilities, NYSE Composite, Tel Aviv 90, Utilities, Independent Power and Renewable Electricity Producers, Utilities—Independent Power Producers, Utilities (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.160.1684
Notably Down
Pretty Stable
Gross Profit Margin0.230.1727
Significantly Up
Slightly volatile
Non Current Liabilities Total1.4 B1.7 B
Significantly Down
Slightly volatile
Total Cash From Operating Activities293.2 M276.8 M
Notably Up
Pretty Stable
Debt Levels
Kenon Holdings can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Kenon Holdings' financial leverage. It provides some insight into what part of Kenon Holdings' total assets is financed by creditors.
Liquidity
Kenon Holdings has 1.59 B in debt with debt to equity (D/E) ratio of 0.46, which is OK given its current industry classification. Kenon Holdings has a current ratio of 1.73, which is typical for the industry and considered as normal. Note however, debt could still be an excellent tool for Kenon to invest in growth at high rates of return.

Begin Period Cash Flow

388.86 Million
Kenon Holdings (KEN) is traded on New York Stock Exchange in USA. It is located in Millenia Tower, Singapore, Singapore, 039192 and employs 325 people. Kenon Holdings is listed under Independent Power and Renewable Electricity Producers category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 1.53 B. Kenon Holdings runs under Independent Power and Renewable Electricity Producers sector within Utilities industry. The entity has 52.78 M outstanding shares of which 16.32 K shares are now shorted by investors with about 2.05 days to cover. Kenon Holdings has about 475 M in cash with 276.79 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 22.28.
Check Kenon Holdings Probability Of Bankruptcy
Ownership Allocation
Kenon Holdings maintains a total of 52.78 Million outstanding shares. Kenon Holdings holds significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Kenon Ownership Details

Kenon Stock Institutional Holders

InstituionRecorded OnShares
Ubs Asset Mgmt Americas Inc2024-09-30
23.9 K
Manufacturers Life Insurance Co2024-09-30
20.5 K
Renaissance Technologies Corp2024-09-30
19.4 K
Meitav Dash Investments Ltd2024-09-30
19 K
Legal & General Group Plc2024-06-30
18.2 K
Cwa Asset Management Group, Llc2024-09-30
18 K
Nuveen Asset Management, Llc2024-06-30
15.6 K
Norges Bank2024-06-30
13.7 K
Alliancebernstein L.p.2024-06-30
13.5 K
Clal Insurance Enterprises Holdings Ltd2024-09-30
2.7 M
Altshuler Shaham Ltd2024-09-30
M
View Kenon Holdings Diagnostics

Kenon Holdings Historical Income Statement

At this time, Kenon Holdings' Depreciation And Amortization is very stable compared to the past year. As of the 30th of November 2024, Gross Profit is likely to grow to about 127.9 M, while Interest Expense is likely to drop about 57.7 M. View More Fundamentals

Kenon Stock Against Markets

Kenon Holdings Corporate Directors

Aviad KaufmanIndependent DirectorProfile
Antoine BonnierIndependent DirectorProfile
Nathan FineIndependent DirectorProfile
Laurence CharneyIndependent DirectorProfile
When determining whether Kenon Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Kenon Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Kenon Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Kenon Holdings Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kenon Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
To learn how to invest in Kenon Stock, please use our How to Invest in Kenon Holdings guide.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Independent Power and Renewable Electricity Producers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Kenon Holdings. If investors know Kenon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Kenon Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.348
Earnings Share
(1.44)
Revenue Per Share
13.743
Quarterly Revenue Growth
0.097
Return On Assets
0.0088
The market value of Kenon Holdings is measured differently than its book value, which is the value of Kenon that is recorded on the company's balance sheet. Investors also form their own opinion of Kenon Holdings' value that differs from its market value or its book value, called intrinsic value, which is Kenon Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Kenon Holdings' market value can be influenced by many factors that don't directly affect Kenon Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Kenon Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Kenon Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kenon Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.