Kenon Holdings Ltd
NYSE:KEN

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Kenon Holdings Ltd
NYSE:KEN
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Price: 80.92 USD -0.48% Market Closed
Market Cap: $4.2B

EV/EBITDA

37.6
Current
181%
More Expensive
vs 3-y average of 13.4

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
37.6
=
Enterprise Value
$4.3B
/
EBITDA
$111.9m

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
37.6
=
Enterprise Value
$4.3B
/
EBITDA
$111.9m

Valuation Scenarios

Kenon Holdings Ltd is trading above its 3-year average

If EV/EBITDA returns to its 3-Year Average (13.4), the stock would be worth $28.79 (64% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-76%
Maximum Upside
No Upside Scenarios
Average Downside
65%
Scenario EV/EBITDA Value Implied Price Upside/Downside
Current Multiple 37.6 $80.92
0%
3-Year Average 13.4 $28.79
-64%
5-Year Average 18 $38.68
-52%
Industry Average 12.2 $26.17
-68%
Country Average 9.1 $19.51
-76%

Forward EV/EBITDA
Today’s price vs future ebitda

Not enough data available to calculate forward EV/EBITDA

Peer Comparison

All Multiples
EV/EBITDA
P/E
All Countries
Close
Market Cap EV/EBITDA P/E
SG
Kenon Holdings Ltd
NYSE:KEN
4.2B USD 37.6 8.8
US
Vistra Corp
NYSE:VST
52.7B USD 14 70
SA
ACWA Power Co
SAU:2082
184.5B SAR 64.7 99.6
IN
Adani Power Ltd
NSE:ADANIPOWER
4.2T INR 22.3 36.5
IN
NTPC Ltd
NSE:NTPC
3.9T INR 10.5 16.2
CN
CGN Power Co Ltd
SZSE:003816
233.3B CNY 22.2 23.9
TH
Gulf Energy Development PCL
SET:GULF
870.2B THB 46 40.7
CN
China National Nuclear Power Co Ltd
SSE:601985
184.3B CNY 20.1 21.4
DE
Uniper SE
XETRA:UN0
17.5B EUR 8.1 12.6
CN
SDIC Power Holdings Co Ltd
SSE:600886
108.1B CNY 12.9 16.5
US
Talen Energy Corp
NASDAQ:TLN
15.5B USD 62.4 -71.6

Market Distribution

Higher than 86% of companies in Singapore
Percentile
86th
Based on 540 companies
86th percentile
37.6
Low
0 — 5.3
Typical Range
5.3 — 17.7
High
17.7 —
Distribution Statistics
Singapore
Min 0
30th Percentile 5.3
Median 9.1
70th Percentile 17.7
Max 4 149.6

Kenon Holdings Ltd
Glance View

Market Cap
4.2B USD
Industry
Utilities

Kenon Holdings Ltd. emerged as a compelling player on the global stage, weaving a narrative defined by strategic diversification and steady value generation. Originally spun off as a separate entity by Israel Corp, one of Israel’s largest holding companies, Kenon's structure is built around leveraging its core investments in energy and shipping sectors. The company is primarily anchored by its significant stake in OPC Energy, a firm focused on generating and selling electricity in Israel, which aligns with the increasing demand for reliable energy solutions. OPC Energy’s portfolio consists of power plants that serve as critical infrastructure, helping fuel robust revenue streams through long-term power purchase agreements. These agreements provide a stable cash flow, reinforcing Kenon’s financial foundation and allowing it to strategically reinvest or distribute returns to its shareholders. In addition to its energy ventures, Kenon Holdings has interests that span global geographies and industries, the most notable of which is its stake in ZIM Integrated Shipping Services. ZIM, an international shipping company, has adeptly navigated the volatile waters of global trade, capitalizing on market opportunities through a fleet that services major routes with efficiency and precision. The shipping business, bolstered by Kenon’s investment acumen, has managed to capitalize on the cyclical nature of maritime transport, reaping benefits during peak periods of trade activity and strategic cost management. This symbiotic approach across distinct markets illustrates Kenon’s business ethos: a balanced portfolio that mitigates risk while positioning itself for substantial growth. As a holding company, Kenon continues to explore and tactically manage its investments, ensuring its story is one of resilience and forward-looking ambition in an ever-evolving economic landscape.

KEN Intrinsic Value
29.68 USD
Overvaluation 63%
Intrinsic Value
Price $80.92
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