Kenon (NYSE:KEN – Get Free Report) is one of 141 public companies in the “Independent Power & Renewable Electricity Producers” industry, but how does it contrast to its rivals? We will compare Kenon to similar companies based on the strength of its analyst recommendations, earnings, profitability, institutional ownership, risk, valuation and dividends.
Earnings and Valuation
This table compares Kenon and its rivals gross revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| Kenon | $871.63 million | $66.27 million | 34.50 |
| Kenon Competitors | $6.24 billion | $816.69 million | 1.57 |
Kenon’s rivals have higher revenue and earnings than Kenon. Kenon is trading at a higher price-to-earnings ratio than its rivals, indicating that it is currently more expensive than other companies in its industry.
Institutional & Insider Ownership
13.4% of Kenon shares are owned by institutional investors. Comparatively, 36.0% of shares of all “Independent Power & Renewable Electricity Producers” companies are owned by institutional investors. 0.1% of Kenon shares are owned by company insiders. Comparatively, 21.5% of shares of all “Independent Power & Renewable Electricity Producers” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
Analyst Ratings
This is a summary of recent ratings and price targets for Kenon and its rivals, as provided by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Kenon | 0 | 1 | 0 | 0 | 2.00 |
| Kenon Competitors | 963 | 2986 | 3825 | 188 | 2.41 |
As a group, “Independent Power & Renewable Electricity Producers” companies have a potential upside of 141.24%. Given Kenon’s rivals stronger consensus rating and higher possible upside, analysts clearly believe Kenon has less favorable growth aspects than its rivals.
Dividends
Kenon pays an annual dividend of $3.85 per share and has a dividend yield of 6.2%. Kenon pays out 215.1% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. As a group, “Independent Power & Renewable Electricity Producers” companies pay a dividend yield of 6.4% and pay out 189.9% of their earnings in the form of a dividend. Kenon has increased its dividend for 2 consecutive years. Kenon lags its rivals as a dividend stock, given its lower dividend yield and higher payout ratio.
Risk and Volatility
Kenon has a beta of 1.21, meaning that its share price is 21% more volatile than the S&P 500. Comparatively, Kenon’s rivals have a beta of 0.62, meaning that their average share price is 38% less volatile than the S&P 500.
Profitability
This table compares Kenon and its rivals’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Kenon | 10.03% | 4.46% | 2.42% |
| Kenon Competitors | -33.53% | 10.63% | 0.87% |
Summary
Kenon rivals beat Kenon on 11 of the 15 factors compared.
Kenon Company Profile
Kenon Holdings Ltd. is a Singapore-based holding company focused primarily on the energy sector. Its main business is its interest in OPC Energy, a power-generation company with operations in Israel and the United States. Through OPC Energy and its subsidiaries, Kenon is involved in developing, owning and operating electricity-generation facilities, including conventional power plants and renewable-energy projects. Its U.S. activities include the CPV Group, which develops and operates power and renewable-energy assets.
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