Kenon Holdings Stock Buy Hold or Sell Recommendation

KEN Stock  USD 26.40  0.61  2.37%   
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Kenon Holdings is 'Strong Sell'. Macroaxis provides Kenon Holdings buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding KEN positions. The advice algorithm takes into account all of Kenon Holdings' available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Kenon Holdings' buy or sell advice are summarized below:
Real Value
25.69
Target Price
29.85
Hype Value
26.37
Market Value
26.4
Naive Value
26.72
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Kenon Holdings given historical horizon and risk tolerance towards Kenon Holdings. When Macroaxis issues a 'buy' or 'sell' recommendation for Kenon Holdings, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Kenon Holdings Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
To learn how to invest in Kenon Stock, please use our How to Invest in Kenon Holdings guide.
In addition, we conduct extensive research on individual companies such as Kenon and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Kenon Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

Execute Kenon Holdings Buy or Sell Advice

The Kenon recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Kenon Holdings. Macroaxis does not own or have any residual interests in Kenon Holdings or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Kenon Holdings' advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Kenon HoldingsBuy Kenon Holdings
Strong Sell

Market Performance

InsignificantDetails

Volatility

Very steadyDetails

Hype Condition

Low keyDetails

Current Valuation

Fairly ValuedDetails

Odds Of Distress

Below AverageDetails

Economic Sensitivity

Moves indifferently to market movesDetails

Investor Sentiment

InterestedDetails

Analyst Consensus

Strong SellDetails

Financial Strenth (F Score)

PoorDetails

Financial Leverage

InapplicableDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails
For the selected time horizon Kenon Holdings has a Mean Deviation of 1.56, Semi Deviation of 2.02, Standard Deviation of 2.09, Variance of 4.36, Downside Variance of 4.52 and Semi Variance of 4.1
Our advice module complements current analysts and expert consensus on Kenon Holdings. It analyzes the company potential to grow using all fundamental, technical, and market related data available at the time. To make sure Kenon Holdings is not overpriced, please verify all Kenon Holdings fundamentals, including its book value per share, working capital, and the relationship between the cash and equivalents and number of employees . Given that Kenon Holdings has a price to earning of 3.82 X, we recommend you to check Kenon Holdings market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your last-minute risk tolerance and investing horizon.

Kenon Holdings Trading Alerts and Improvement Suggestions

The company reported the last year's revenue of 691.8 M. Reported Net Loss for the year was (235.98 M) with profit before taxes, overhead, and interest of 156.7 M.
Kenon Holdings has a poor financial position based on the latest SEC disclosures
About 61.0% of the company outstanding shares are owned by corporate insiders
Latest headline from investorplace.com: KEN Stock Earnings Kenon Hldgs Reported Results for Q4 2023

Kenon Holdings Returns Distribution Density

The distribution of Kenon Holdings' historical returns is an attempt to chart the uncertainty of Kenon Holdings' future price movements. The chart of the probability distribution of Kenon Holdings daily returns describes the distribution of returns around its average expected value. We use Kenon Holdings price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Kenon Holdings returns is essential to provide solid investment advice for Kenon Holdings.
Mean Return
0.11
Value At Risk
-3.39
Potential Upside
4.19
Standard Deviation
2.09
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Kenon Holdings historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Kenon Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Kenon Holdings is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Kenon Holdings backward and forwards among themselves. Kenon Holdings' institutional investor refers to the entity that pools money to purchase Kenon Holdings' securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Credit Suisse First Boston (csfb)2023-12-31
24.7 K
Ubs Group Ag2023-12-31
24.2 K
Meitav Dash Investments Ltd2023-12-31
20.5 K
Renaissance Technologies Corp2023-12-31
19.4 K
Nuveen Asset Management, Llc2023-12-31
15.6 K
Alliancebernstein L.p.2023-12-31
13.5 K
Amvescap Plc.2023-12-31
13.2 K
Northern Trust Corp2023-12-31
9.7 K
Cwa Asset Management Group, Llc2023-12-31
8.8 K
Altshuler Shaham Ltd2023-12-31
3.5 M
Clal Insurance Enterprises Holdings Ltd2023-12-31
2.4 M
Note, although Kenon Holdings' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Kenon Holdings Cash Flow Accounts

201920202021202220232024 (projected)
Change To Inventory1M0.02.5M(453K)(407.7K)(428.1K)
Change In Cash16.0M139M188.4M60M116.2M122.0M
Free Cash Flow51.0M18M7.8M501M(65.5M)(62.2M)
Depreciation32.1M34M57.6M63M90.9M96.0M
Other Non Cash Items28.9M(489M)(713.5M)340M424.1M445.3M
Dividends Paid65.2M120M100.2M741M(150.4M)(142.8M)
Capital Expenditures34.4M74M232.7M270M332.1M216.5M
Net Income2.4M504M875.3M350M(236.0M)(224.2M)
End Period Cash Flow147.2M286M474.5M535M697.4M406.1M
Investments(5.0M)(281.9M)(205.5M)(203.4M)(384.4M)(365.2M)
Net Borrowings(30M)223.8M43.9M46.6M41.9M39.8M
Change To Netincome70M(484.5M)(745.8M)434.8M391.3M410.9M

Kenon Holdings Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Kenon Holdings or Independent Power and Renewable Electricity Producers sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Kenon Holdings' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Kenon stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
0.11
β
Beta against NYSE Composite-0.04
σ
Overall volatility
2.11
Ir
Information ratio -0.01

Kenon Holdings Volatility Alert

Kenon Holdings currently demonstrates below-average downside deviation. It has Information Ratio of -0.01 and Jensen Alpha of 0.11. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Kenon Holdings' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Kenon Holdings' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Kenon Holdings Fundamentals Vs Peers

Comparing Kenon Holdings' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Kenon Holdings' direct or indirect competition across all of the common fundamentals between Kenon Holdings and the related equities. This way, we can detect undervalued stocks with similar characteristics as Kenon Holdings or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Kenon Holdings' fundamental indicators could also be used in its relative valuation, which is a method of valuing Kenon Holdings by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Kenon Holdings to competition
FundamentalsKenon HoldingsPeer Average
Return On Equity-0.0966-0.31
Return On Asset0.0068-0.14
Profit Margin(0.34) %(1.27) %
Operating Margin0.06 %(5.51) %
Current Valuation1.94 B16.62 B
Shares Outstanding53.89 M571.82 M
Shares Owned By Insiders61.37 %10.09 %
Shares Owned By Institutions19.15 %39.21 %
Number Of Shares Shorted8.53 K4.71 M
Price To Earning3.82 X28.72 X
Price To Book1.16 X9.51 X
Price To Sales2.05 X11.42 X
Revenue691.8 M9.43 B
Gross Profit156.7 M27.38 B
EBITDA125.68 M3.9 B
Net Income(235.98 M)570.98 M
Cash And Equivalents475 M2.7 B
Cash Per Share22.28 X5.01 X
Total Debt1.59 B5.32 B
Debt To Equity0.46 %48.70 %
Current Ratio1.77 X2.16 X
Book Value Per Share22.80 X1.93 K
Cash Flow From Operations266.62 M971.22 M
Short Ratio1.85 X4.00 X
Earnings Per Share(20.16) X3.12 X
Target Price29.85
Number Of Employees28818.84 K
Beta0.64-0.15
Market Capitalization1.42 B19.03 B
Total Asset4.11 B29.47 B
Retained Earnings1.09 B9.33 B
Working Capital868.74 M1.48 B
Current Asset915.47 M9.34 B

Kenon Holdings Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Kenon . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Kenon Holdings Buy or Sell Advice

When is the right time to buy or sell Kenon Holdings? Buying financial instruments such as Kenon Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2021 2022 2023 2024 (projected)
Net Invested Capital3.0B2.8B3.2B2.2B
Non Current Liabilities Other28.8M41.4M47.6M50.0M

Use Investing Ideas to Build Portfolios

In addition to having Kenon Holdings in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Obamacare Repeal
Obamacare Repeal Theme
Healthcare and drug manufacturing companies that will most likely be affected by the final stages of Obamacare repeal. The Obamacare Repeal theme has 56 constituents at this time.
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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 Kenon Holdings Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
To learn how to invest in Kenon Stock, please use our How to Invest in Kenon Holdings guide.
Note that the Kenon Holdings information on this page should be used as a complementary analysis to other Kenon Holdings' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stocks Directory module to find actively traded stocks across global markets.

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Is Kenon Holdings' industry 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
(20.16)
Revenue Per Share
12.958
Quarterly Revenue Growth
0.04
Return On Assets
0.0068
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.