Calculating The Intrinsic Value Of Kenon Holdings Ltd. (TLV:KEN)
Feb 13
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- 7D4.5%
- 3M61.7%
- 1Y195.4%
- YTD40.0%
In the last week, the Renewable Energy industry is up 4.5%, with OPC Energy leading the way with a 5.2% gain. This takes the industry's 12 month performance to a gain of 195%. As for the next few years, earnings are expected to grow by 35% per annum.
Industry Valuation and Performance
Has the Israeli Renewable Energy Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 05 Mar 2026 | ₪126.0b | ₪9.0b | ₪1.7b | 77.5x | 73x | 14x |
| Sat, 31 Jan 2026 | ₪101.1b | ₪9.0b | ₪1.7b | 61.1x | 58.3x | 11.3x |
| Mon, 29 Dec 2025 | ₪81.4b | ₪9.1b | ₪1.8b | 47x | 45.4x | 8.9x |
| Wed, 26 Nov 2025 | ₪70.0b | ₪9.0b | ₪2.2b | 38.7x | 32.5x | 7.8x |
| Fri, 24 Oct 2025 | ₪64.8b | ₪8.9b | ₪2.0b | 39.3x | 32.7x | 7.3x |
| Sun, 21 Sep 2025 | ₪57.2b | ₪9.0b | ₪2.0b | 35.5x | 28.4x | 6.4x |
| Tue, 19 Aug 2025 | ₪55.4b | ₪8.9b | ₪2.6b | 59.4x | 20.9x | 6.2x |
| Thu, 17 Jul 2025 | ₪51.4b | ₪8.8b | ₪2.8b | 33x | 18.6x | 5.9x |
| Sat, 14 Jun 2025 | ₪42.1b | ₪9.1b | ₪2.9b | 23.5x | 14.4x | 4.6x |
| Mon, 12 May 2025 | ₪40.2b | ₪9.0b | ₪3.1b | 18.8x | 13x | 4.5x |
| Wed, 09 Apr 2025 | ₪37.0b | ₪9.2b | ₪3.0b | 25.8x | 12.5x | 4x |
| Fri, 07 Mar 2025 | ₪38.0b | ₪9.0b | ₪1.4b | 18.5x | 27.2x | 4.2x |
| Sun, 02 Feb 2025 | ₪37.8b | ₪8.8b | ₪1.3b | 22.3x | 28.6x | 4.3x |
| Tue, 31 Dec 2024 | ₪38.1b | ₪8.9b | ₪1.3b | 22.2x | 28.4x | 4.3x |
| Thu, 28 Nov 2024 | ₪36.7b | ₪9.4b | -₪377,074,739.30 | 25.6x | -97.2x | 3.9x |
| Sat, 26 Oct 2024 | ₪37.0b | ₪8.6b | ₪346.0m | 32.5x | 106.9x | 4.3x |
| Mon, 23 Sep 2024 | ₪36.0b | ₪8.6b | ₪348.6m | 32.7x | 103.2x | 4.2x |
| Wed, 21 Aug 2024 | ₪35.1b | ₪8.4b | -₪52,196,325.48 | 32x | -672.7x | 4.2x |
| Fri, 19 Jul 2024 | ₪34.3b | ₪8.1b | -₪84,543,138.85 | 30.5x | -405.5x | 4.2x |
| Sun, 16 Jun 2024 | ₪35.3b | ₪8.0b | -₪218,867,007.96 | 46.4x | -161.5x | 4.4x |
| Tue, 14 May 2024 | ₪36.7b | ₪7.7b | -₪124,590,799.16 | 33.7x | -294.4x | 4.8x |
| Thu, 11 Apr 2024 | ₪33.5b | ₪7.6b | -₪87,387,098.89 | 36.9x | -383.1x | 4.4x |
| Sat, 09 Mar 2024 | ₪34.7b | ₪7.5b | -₪2,706,522,697.21 | 29.1x | -12.8x | 4.6x |
| Mon, 05 Feb 2024 | ₪34.9b | ₪7.8b | -₪3,056,585,313.00 | 30.8x | -11.4x | 4.5x |
| Wed, 03 Jan 2024 | ₪37.2b | ₪7.8b | -₪3,064,890,760.00 | 33x | -12.1x | 4.8x |
| Fri, 01 Dec 2023 | ₪31.6b | ₪7.8b | -₪2,491,935,600.00 | 25.9x | -12.7x | 4.1x |
| Sun, 29 Oct 2023 | ₪27.0b | ₪7.5b | -₪1,856,836,035.00 | 20.8x | -14.5x | 3.6x |
| Tue, 26 Sep 2023 | ₪32.4b | ₪7.0b | -₪2,033,876,474.00 | 29.6x | -15.9x | 4.6x |
| Thu, 24 Aug 2023 | ₪32.0b | ₪6.8b | -₪711,402,881.00 | 28.8x | -44.9x | 4.7x |
| Sat, 22 Jul 2023 | ₪34.0b | ₪6.3b | -₪723,671,225.00 | 35.3x | -47x | 5.4x |
| Mon, 19 Jun 2023 | ₪33.4b | ₪6.3b | -₪735,184,106.00 | 25.1x | -45.5x | 5.3x |
| Wed, 17 May 2023 | ₪34.1b | ₪6.4b | ₪2.7b | 18.8x | 12.6x | 5.4x |
| Fri, 14 Apr 2023 | ₪33.5b | ₪6.1b | ₪1.5b | 33.1x | 22.5x | 5.5x |
| Sun, 12 Mar 2023 | ₪34.0b | ₪5.8b | ₪5.8b | 72.8x | 5.9x | 5.9x |
Price to Earnings Ratio
5.9x
Current Industry PE
- Investors are optimistic on the Israeli Renewable Energy industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 73.0x which is higher than its 3-year average PE of -15.1x.
- The 3-year average PS ratio of 5.4x is lower than the industry's current PS ratio of 14.0x.
Past Earnings Growth
- The earnings for companies in the Renewable Energy industry have declined 33% per year over the last three years.
- Meanwhile revenues for these companies have grown 16% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Israeli Utilities industry?
| IL Market | 5.63% | |
| Utilities | 4.50% | |
| Renewable Energy | 4.51% | |
| Renewable Energy | 4.60% | |
| Independent Power Producers and Energy Traders | 4.36% | |
Industry PE
- Investors are most optimistic about the Independent Power Producers and Energy Traders industry which is trading above its 3-year average PE ratio.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
- Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 35% over the next 5 years.
- This is better than its past earnings decline of 26% per year.
- In contrast, the Renewable Energy industry is expected to see its earnings grow by 35% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| OPCE OPC Energy | ₪110.30 | 12.0% +₪3.6b | 248.3% | PE118x | |
| ENLT Enlight Renewable Energy | ₪239.50 | 9.2% +₪2.8b | 295.5% | PE81.3x | |
| MSKE Meshek Energy - Renewable Energies | ₪12.82 | 20.0% +₪1.6b | 316.0% | PS70.7x | |
| ENRG Energix - Renewable Energies | ₪21.74 | 7.9% +₪924.7m | 105.7% | PE50.2x | |
| DORL Doral Group Renewable Energy Resources | ₪63.00 | 5.0% +₪613.4m | 364.3% | PS28.3x |
