Kenon Holdings (KEN) and The Competition Financial Analysis
Kenon Holdings (NYSE: KEN) is one of 83 publicly-traded companies in the “Electric Utilities” industry, but how does it compare to its peers? We will compare Kenon Holdings to similar companies based on the strength of its dividends, institutional ownership, risk, profitability, analyst recommendations, valuation and earnings.
Institutional & Insider Ownership
0.9% of Kenon Holdings shares are owned by institutional investors. Comparatively, 65.6% of shares of all “Electric Utilities” companies are owned by institutional investors. 2.9% of shares of all “Electric Utilities” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.
Risk & Volatility
Kenon Holdings has a beta of 0.97, suggesting that its share price is 3% less volatile than the S&P 500. Comparatively, Kenon Holdings’ peers have a beta of 0.70, suggesting that their average share price is 30% less volatile than the S&P 500.
Valuation & Earnings
This table compares Kenon Holdings and its peers top-line revenue, earnings per share (EPS) and valuation.
|Gross Revenue||EBITDA||Price/Earnings Ratio|
|Kenon Holdings||$2.08 billion||$522.12 million||-2.31|
|Kenon Holdings Competitors||$7.30 billion||$2.15 billion||30.23|
Kenon Holdings’ peers have higher revenue and earnings than Kenon Holdings. Kenon Holdings is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.
This table compares Kenon Holdings and its peers’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Kenon Holdings Competitors||-10.36%||3.40%||0.63%|
This is a breakdown of recent ratings and target prices for Kenon Holdings and its peers, as provided by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Kenon Holdings Competitors||692||3227||2433||52||2.29|
As a group, “Electric Utilities” companies have a potential upside of 5.04%. Given Kenon Holdings’ peers higher possible upside, analysts plainly believe Kenon Holdings has less favorable growth aspects than its peers.
Kenon Holdings peers beat Kenon Holdings on 7 of the 9 factors compared.
About Kenon Holdings
Kenon Holdings Ltd. is a holding company that operates primarily growth-oriented businesses. The Company’s segments include I.C. Power Asia Development Ltd (IC Power), Qoros Automotive Co., Ltd. (Qoros) and Other. I.C. Power, through its subsidiary companies, is engaged in the production, operation and sale of electricity in countries in Latin America, the Caribbean region and Israel. Qoros is an automotive company. Its other activities include shipping services and renewable energy businesses. The Company also holds interests in ZIM Integrated Shipping Services, Ltd. (ZIM), which is a provider of container shipping services, and Primus Green Energy, Inc. (Primus), which is a developer and owner of a natural gas-to-liquid technology process. IC Power is an owner, developer and operator of power generation facilities, and operates power distribution business. Qoros offers approximately three vehicle models, which include the Qoros 3 Sedan, the Qoros 3 Hatch and the Qoros 3 City SUV.
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