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.
Kenon |
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
Strong Sell
Market Performance | Insignificant | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Strong Sell | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
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 Ag | 2023-12-31 | 24.2 K | Meitav Dash Investments Ltd | 2023-12-31 | 20.5 K | Renaissance Technologies Corp | 2023-12-31 | 19.4 K | Nuveen Asset Management, Llc | 2023-12-31 | 15.6 K | Alliancebernstein L.p. | 2023-12-31 | 13.5 K | Amvescap Plc. | 2023-12-31 | 13.2 K | Northern Trust Corp | 2023-12-31 | 9.7 K | Cwa Asset Management Group, Llc | 2023-12-31 | 8.8 K | Altshuler Shaham Ltd | 2023-12-31 | 3.5 M | Clal Insurance Enterprises Holdings Ltd | 2023-12-31 | 2.4 M |
Kenon Holdings Cash Flow Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Change To Inventory | 1M | 0.0 | 2.5M | (453K) | (407.7K) | (428.1K) | |
Change In Cash | 16.0M | 139M | 188.4M | 60M | 116.2M | 122.0M | |
Free Cash Flow | 51.0M | 18M | 7.8M | 501M | (65.5M) | (62.2M) | |
Depreciation | 32.1M | 34M | 57.6M | 63M | 90.9M | 96.0M | |
Other Non Cash Items | 28.9M | (489M) | (713.5M) | 340M | 424.1M | 445.3M | |
Dividends Paid | 65.2M | 120M | 100.2M | 741M | (150.4M) | (142.8M) | |
Capital Expenditures | 34.4M | 74M | 232.7M | 270M | 332.1M | 216.5M | |
Net Income | 2.4M | 504M | 875.3M | 350M | (236.0M) | (224.2M) | |
End Period Cash Flow | 147.2M | 286M | 474.5M | 535M | 697.4M | 406.1M | |
Investments | (5.0M) | (281.9M) | (205.5M) | (203.4M) | (384.4M) | (365.2M) | |
Net Borrowings | (30M) | 223.8M | 43.9M | 46.6M | 41.9M | 39.8M | |
Change To Netincome | 70M | (484.5M) | (745.8M) | 434.8M | 391.3M | 410.9M |
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 |
Fundamentals | Kenon Holdings | Peer Average |
Return On Equity | -0.0966 | -0.31 |
Return On Asset | 0.0068 | -0.14 |
Profit Margin | (0.34) % | (1.27) % |
Operating Margin | 0.06 % | (5.51) % |
Current Valuation | 1.94 B | 16.62 B |
Shares Outstanding | 53.89 M | 571.82 M |
Shares Owned By Insiders | 61.37 % | 10.09 % |
Shares Owned By Institutions | 19.15 % | 39.21 % |
Number Of Shares Shorted | 8.53 K | 4.71 M |
Price To Earning | 3.82 X | 28.72 X |
Price To Book | 1.16 X | 9.51 X |
Price To Sales | 2.05 X | 11.42 X |
Revenue | 691.8 M | 9.43 B |
Gross Profit | 156.7 M | 27.38 B |
EBITDA | 125.68 M | 3.9 B |
Net Income | (235.98 M) | 570.98 M |
Cash And Equivalents | 475 M | 2.7 B |
Cash Per Share | 22.28 X | 5.01 X |
Total Debt | 1.59 B | 5.32 B |
Debt To Equity | 0.46 % | 48.70 % |
Current Ratio | 1.77 X | 2.16 X |
Book Value Per Share | 22.80 X | 1.93 K |
Cash Flow From Operations | 266.62 M | 971.22 M |
Short Ratio | 1.85 X | 4.00 X |
Earnings Per Share | (20.16) X | 3.12 X |
Target Price | 29.85 | |
Number Of Employees | 288 | 18.84 K |
Beta | 0.64 | -0.15 |
Market Capitalization | 1.42 B | 19.03 B |
Total Asset | 4.11 B | 29.47 B |
Retained Earnings | 1.09 B | 9.33 B |
Working Capital | 868.74 M | 1.48 B |
Current Asset | 915.47 M | 9.34 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 Capital | 3.0B | 2.8B | 3.2B | 2.2B | Non Current Liabilities Other | 28.8M | 41.4M | 47.6M | 50.0M |
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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.Did You Try This Idea?
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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.
Complementary Tools for Kenon Stock analysis
When running Kenon Holdings' price analysis, check to measure Kenon Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kenon Holdings is operating at the current time. Most of Kenon Holdings' value examination focuses on studying past and present price action to predict the probability of Kenon Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kenon Holdings' price. Additionally, you may evaluate how the addition of Kenon Holdings to your portfolios can decrease your overall portfolio volatility.
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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.