Valuation Update With 7 Day Price Move • Jun 10
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to €60.50, the stock trades at a trailing P/E ratio of 45.8x. Average trailing P/E is 22x in the Renewable Energy industry in Europe. Total returns to shareholders of 295% over the past three years. Reported Earnings • Jun 02
First quarter 2026 earnings released: EPS: US$0.49 (vs US$0.22 in 1Q 2025) First quarter 2026 results: EPS: US$0.49 (up from US$0.22 in 1Q 2025). Revenue: US$317.0m (up 73% from 1Q 2025). Net income: US$26.0m (up 117% from 1Q 2025). Profit margin: 8.2% (up from 6.6% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 49% per year, which means it is significantly lagging earnings growth. New Risk • May 28
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 8.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 303% Cash payout ratio: 120% Earnings have declined by 24% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.7% average weekly change). Profit margins are more than 30% lower than last year (7.6% net profit margin). Buy Or Sell Opportunity • May 27
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 19% to €81.00. The fair value is estimated to be €67.49, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 77%. 공시 • Apr 24
Kenon Holdings Ltd., Annual General Meeting, May 14, 2026 Kenon Holdings Ltd., Annual General Meeting, May 14, 2026, at 11:00 Singapore Standard Time. Location: co. offices singapore, Singapore 공시 • Mar 30
Kenon Holdings Ltd. Approves Interim Cash Dividend for the Year Ending December 31, 2026, Payable on or About April 20, 2026 Kenon Holdings Ltd. approved an interim cash dividend of approximately $200 million ($3.85 per share) relating to the year ending December 31, 2026, payable to Kenon's shareholders of record as of the close of trading on April 13, 2026, to be paid on or about April 20, 2026 . The New York Stock Exchange's ex-dividend date, which is the date on which Kenon's shares will begin trading on the NYSE without the entitlement to the Dividend, is April 13, 2026. The TASE ex-dividend date, which is the date on which Kenon's shares will begin trading on the TASE without the entitlement to the Dividend, is April 13, 2026. 공시 • Mar 14
Kenon Holdings Ltd. has filed a Follow-on Equity Offering in the amount of ILS 800 million. Kenon Holdings Ltd. has filed a Follow-on Equity Offering in the amount of ILS 800 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 8,000,000
Price\Range: ILS 100 Board Change • Dec 30
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 7 highly experienced directors. CEO & Executive Director Robert Rosen was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. 공시 • Dec 03
Kenon Holdings Ltd. Appoints Audrey Low as Non-Executive Director, Effective January 1, 2026 Kenon Holdings Ltd. announces that Ms. Audrey Low has been appointed to its Board of Directors as a non-executive Director, effective January 1, 2026. Ms. Low brings with her over 20 years of experience as an investment and financial professional in global capital markets, private and public credit, distressed investing and macroeconomic policy. 공시 • Jun 23
Kenon Holdings Ltd., Annual General Meeting, Jul 11, 2025 Kenon Holdings Ltd., Annual General Meeting, Jul 11, 2025, at 16:00 Singapore Standard Time. Location: 1 temasek avenue 37-02b, millenia tower, singapore 039192, Singapore 공시 • Apr 03
Kenon Approves Interim Cash Dividend for the Year Ending December 31, 2025, Payable on or About April 21, 2025 Kenon's board of directors approved an interim cash dividend of approximately $250 million ($4.80 per share) relating to the year ending December 31, 2025, payable to Kenon's shareholders of record as of the close of trading on April 14, 2025, to be paid on or about April 21, 2025. The New York Stock Exchange's ex-dividend date, which is the date on which Kenon's shares will begin trading on the NYSE without the entitlement to the Dividend, is April 14, 2025. 공시 • Dec 06
Kenon Holdings Ltd. Announces Resignation of Tan Beng Tee as Director Kenon Holdings Ltd. announced that Ms. Tan Beng Tee has notified the board of directors of Kenon of her resignation as a director of Kenon. Reported Earnings • Sep 11
Second quarter 2024 earnings released: EPS: US$2.28 (vs US$0.70 loss in 2Q 2023) Second quarter 2024 results: EPS: US$2.28 (up from US$0.70 loss in 2Q 2023). Revenue: US$181.0m (up 9.7% from 2Q 2023). Net income: US$112.0m (up US$142.0m from 2Q 2023). Profit margin: 62% (up from net loss in 2Q 2023). 공시 • Jun 08
An unknown buyer acquire a 4.2% stake in ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) from Kenon Holdings Ltd. (TASE:KEN) for approximately $110 million. An unknown buyer acquire a 4.2% stake in ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) from Kenon Holdings Ltd. (TASE:KEN) for approximately $110 million on June 6, 2024. In related transaction, Kenon Holdings has entered into a collar transaction with an investment bank relating to an additional 5,000,000 ZIM ordinary shares. Prior to these transactions, Kenon held 24,843,478 shares in ZIM, representing 20.7% of ZIM’s outstanding shares. The collar transaction involves the purchase of a put option from the Collar Counterparty at an exercise price representing a discount to yesterday’s closing price and the grant of a call option to the Collar Counterparty at an exercise price representing a premium to yesterday’s closing price. The collar transaction has a two year term with settlement either in cash or in the ZIM shares. The collar transaction enables Kenon to retain exposure to potential upside in ZIM’s shares up to the call price, while limiting the impact of potential decline in the share price. The collar arrangement will provide for cash proceeds of approximately $155 million in the event the call option is exercised and cash proceeds of approximately $100 million to Kenon in the event the put option is exercised, in each case assuming share settlement.
An unknown buyer completed the acquisition of a 4.2% stake in ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) from Kenon Holdings Ltd. (TASE:KEN) on June 6, 2024. Reported Earnings • Jun 04
First quarter 2024 earnings released: EPS: US$0.15 (vs US$0.14 loss in 1Q 2023) First quarter 2024 results: EPS: US$0.15 (up from US$0.14 loss in 1Q 2023). Revenue: US$174.0m (up 18% from 1Q 2023). Net income: US$8.00m (up US$16.0m from 1Q 2023). Profit margin: 4.6% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. 공시 • Apr 19
Kenon Holdings Ltd., Annual General Meeting, May 09, 2024 Kenon Holdings Ltd., Annual General Meeting, May 09, 2024, at 16:00 Singapore Standard Time. Location: emeeting@hk.tricorglobal.com Millenia Tower Singapore Singapore Agenda: To consider re-election of Directors; to authorize the ordinary share issuances; to extend the duration of the Kenon Holdings Ltd. Share Incentive Plan 2014 (“SIP 2014”) for a further period of ten years and to authorize the grant of awards under the SIP 2014 and/or Options Under the Kenon Holdings Ltd. Share Option Plan 2014 (“SOP 2014”) and the allotment and issuance of ordinary shares pursuant to the awards and/or options granted under the SIP 2014 and SOP 2014; and to approve the renewal of the share purchase authorization; and to consider other matters.