Kenon Holdings Stock Fundamentals
| KEN Stock | USD 32.12 0.43 1.32% |
Kenon Holdings fundamentals help investors to digest information that contributes to Kenon Holdings' financial success or failures. It also enables traders to predict the movement of Kenon Stock. The fundamental analysis module provides a way to measure Kenon Holdings' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Kenon Holdings stock.
At this time, Kenon Holdings' Selling And Marketing Expenses is very stable compared to the past year.
Kenon | Select Account or Indicator |
Kenon Holdings Company Return On Asset Analysis
Kenon Holdings' Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Kenon Holdings Return On Asset | 0.0088 |
Most of Kenon Holdings' fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Kenon Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Kenon Total Assets
Total Assets |
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At this time, Kenon Holdings' Total Assets are very stable compared to the past year.
Based on the latest financial disclosure, Kenon Holdings has a Return On Asset of 0.0088. This is 99.64% lower than that of the Independent Power and Renewable Electricity Producers sector and significantly higher than that of the Utilities industry. The return on asset for all United States stocks is 106.29% lower than that of the firm.
Kenon Holdings Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Kenon Holdings's current stock value. Our valuation model uses many indicators to compare Kenon Holdings value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Kenon Holdings competition to find correlations between indicators driving Kenon Holdings's intrinsic value. More Info.Kenon Holdings is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers . At this time, Kenon Holdings' Return On Equity is very stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Kenon Holdings' earnings, one of the primary drivers of an investment's value.Kenon Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Kenon Holdings' direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Kenon Holdings could also be used in its relative valuation, which is a method of valuing Kenon Holdings by comparing valuation metrics of similar companies.Kenon Holdings is currently under evaluation in return on asset category among its peers.
Kenon Holdings ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Kenon Holdings' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Kenon Holdings' managers, analysts, and investors.Environmental | Governance | Social |
Kenon Fundamentals
| Return On Equity | -0.0292 | ||||
| Return On Asset | 0.0088 | ||||
| Profit Margin | (0.11) % | ||||
| Operating Margin | 0.05 % | ||||
| Current Valuation | 2.43 B | ||||
| Shares Outstanding | 52.78 M | ||||
| Shares Owned By Insiders | 56.24 % | ||||
| Shares Owned By Institutions | 12.64 % | ||||
| Number Of Shares Shorted | 16.32 K | ||||
| Price To Earning | 3.82 X | ||||
| Price To Book | 1.43 X | ||||
| Price To Sales | 2.28 X | ||||
| Revenue | 691.8 M | ||||
| Gross Profit | 156.7 M | ||||
| EBITDA | 169.8 M | ||||
| Net Income | (235.98 M) | ||||
| Cash And Equivalents | 475 M | ||||
| Cash Per Share | 22.28 X | ||||
| Total Debt | 1.59 B | ||||
| Debt To Equity | 0.46 % | ||||
| Current Ratio | 1.77 X | ||||
| Book Value Per Share | 22.80 X | ||||
| Cash Flow From Operations | 276.79 M | ||||
| Short Ratio | 2.05 X | ||||
| Earnings Per Share | (1.44) X | ||||
| Target Price | 29.85 | ||||
| Number Of Employees | 325 | ||||
| Beta | 0.65 | ||||
| Market Capitalization | 1.53 B | ||||
| Total Asset | 4.11 B | ||||
| Retained Earnings | 1.09 B | ||||
| Working Capital | 737.24 M | ||||
| Current Asset | 915.47 M | ||||
| Current Liabilities | 653.39 M | ||||
| Annual Yield | 0.22 % | ||||
| Net Asset | 4.11 B |
About Kenon Holdings Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Kenon Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Kenon Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Kenon Holdings based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 102.2 M | 85.2 M | |
| Total Revenue | 622.6 M | 615.3 M | |
| Cost Of Revenue | 515.1 M | 487.3 M | |
| Sales General And Administrative To Revenue | 0.08 | 0.08 | |
| Research And Ddevelopement To Revenue | 0.02 | 0.01 | |
| Capex To Revenue | 0.55 | 0.42 | |
| Revenue Per Share | 14.91 | 15.77 | |
| Ebit Per Revenue | 0.06 | 0.05 |
Pair Trading with Kenon Holdings
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Kenon Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Kenon Holdings will appreciate offsetting losses from the drop in the long position's value.Moving against Kenon Stock
| 0.51 | RNWWW | ReNew Energy Global | PairCorr |
| 0.5 | VSTE | Vast Renewables | PairCorr |
| 0.47 | WAVE | Eco Wave Power | PairCorr |
| 0.37 | CMS-PC | CMS Energy | PairCorr |
The ability to find closely correlated positions to Kenon Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kenon Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Kenon Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Kenon Holdings to buy it.
The correlation of Kenon Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Kenon Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kenon Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Kenon Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Kenon Holdings Piotroski F Score and Kenon Holdings Altman Z Score analysis. To learn how to invest in Kenon Stock, please use our How to Invest in Kenon Holdings guide.You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
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 | Quarterly Revenue Growth 0.097 | Return On Assets |
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.