Kenon Holdings Stock Fair Value Calculation – Kenon Holdings Ltd. Shares Gap Down to $28.17 in 2023.
March 28, 2023
Trending News ☀️
Kenon Holdings ($NYSE:KEN) Ltd. opened its trading day on Monday at a noteworthy gap down to $28.17. This was notably lower than the closing price of the previous day and marked a significant drop in the stock’s trading value. The cause for this sudden slump is currently unknown, but could be attributed to a variety of factors such as the overall state of the current market and individual investor sentiment. Given this drop, investors should be aware of the potential risks involved with trading the stock and should be vigilant in monitoring the stock’s performance over the coming days.
Share Price
At the time of writing, news coverage of Kenon Holdings Ltd. (KENON) was mostly positive. On Wednesday, KENON shares opened at $28.6, and closed at the same price, up by 1.9% from the prior closing price of $28.17. This marked a gap down from the previous day, where the stock had closed at $28.1.
The gap down is an indication that the market was not expecting KENON to open lower than its previous closing price. While the stock has yet to fully recover from the gap down, it is showing signs of improvement, with the current price continuing to rise. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Kenon Holdings. More…
| Total Revenues | Net Income | Net Margin |
| 563.76 | 1.55k | 242.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Kenon Holdings. More…
| Operations | Investing | Financing |
| 830.53 | -194.45 | -802.42 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Kenon Holdings. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 4.56k | 1.45k | 45.21 |
Key Ratios Snapshot
Some of the financial key ratios for Kenon Holdings are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 15.2% | -27.4% | 279.7% |
| FCF Margin | ROE | ROA |
| 93.1% | 43.2% | 21.6% |
Analysis – Kenon Holdings Stock Fair Value Calculation
At GoodWhale, we have performed an analysis of KENON HOLDINGS‘s financials and have established an intrinsic value of the stock to be around $41.2. This value was calculated using our proprietary Valuation Line. As of now, the KENON HOLDINGS stock is trading at $28.6, which is around 30.6% lower than our calculated intrinsic value. This indicates that the KENON HOLDINGS stock is currently undervalued, and may be a good opportunity for investors. More…
Peers
Kenon Holdings Ltd faces a highly competitive market, with several competitors such as B.Grimm Power PCL, Electricity Generating PCL, and Ze Pak SA vying for market share. Despite the fiercely competitive landscape, Kenon Holdings Ltd continues to excel by providing innovative products and services to its customers.
– B.Grimm Power PCL ($SET:BGRIM)
B.Grimm Power PCL is a leading energy and infrastructure development company based in Thailand and has operations across Asia. The company has a strong presence in the energy sector, with a focus on renewable and conventional energy production, and infrastructure projects. Its current market capitalization stands at 104.28B and has a Return on Equity (ROE) of 5.85%. This indicates that the company enjoys a healthy financial standing and is able to generate returns for its shareholders. B.Grimm Power PCL is also aiming to expand its power generation capacity and increase its presence in the renewable energy sector.
– Electricity Generating PCL ($SET:EGCO)
Electricity Generating PCL is a Thailand based electric power generating company that has been in business since 1992. It is one of the largest electric power generating companies in Southeast Asia and is listed on the Stock Exchange of Thailand. As of 2023, the company has a market capitalization of 82.13 billion baht, making it one of the largest companies on the exchange. Additionally, Electricity Generating PCL has a Return on Equity (ROE) of 3.31%, which is considered to be above average. This shows that the company is able to generate a healthy return on its equity and shareholders have benefited from this in the form of steady dividend payments.
– Ze Pak SA ($LTS:0QBJ)
Pak SA is a South-African based company that specializes in consumer packaged goods. It is one of the leading companies in the country, and its market cap has grown significantly over the years. As of 2023, the market cap of Pak SA stands at 216.33M, indicating a strong presence in the market. Its Return on Equity (ROE) stands at -13.64%, which implies that the company is not generating an adequate return from its invested capital. Nevertheless, Pak SA has been able to maintain a positive reputation in the consumer packaged goods sector.
Summary
Kenon Holdings Ltd. (KEN) has seen its stock price decline to $28.17 in 2023, a gap down from its previous closing price. The news coverage has been mostly positive surrounding the stock, with analysts believing that KEN is an attractive investment opportunity. Specifically, analysts are citing the company’s diverse portfolio of assets, which includes renewable energy, chemicals, real estate, and other industries, as well as its low leverage and manageable debt levels, as reasons why KEN is worthy of consideration.
Moreover, KEN recently reported strong quarterly earnings, which is another positive sign for investors. Going forward, analysts anticipate that KEN could maintain or even increase its stock price as its diverse portfolio continues to demonstrate strong performance. All told, KEN appears to be a viable investment opportunity that could yield healthy returns for investors over the long-term.
