Kenon Holdings (XTAE:KEN) Debt-to-EBITDA : (As of Jun. 2026)

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XTAE:KEN Kenon Holdings Ltd XTAE:KEN
80 GF Score
Price ₪200.60
GF Value ₪157.76
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Kenon Holdings Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Kenon Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₪658 Mil. Kenon Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₪8,736 Mil. Kenon Holdings's annualized EBITDA for the quarter that ended in Jun. 2026 was ₪1,492 Mil. Kenon Holdings's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 6.30.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Kenon Holdings's Debt-to-EBITDA or its related term are showing as below:

XTAE:KEN' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -15.83   Med: 5.14   Max: 12.83
Current: 7.42

During the past 13 years, the highest Debt-to-EBITDA Ratio of Kenon Holdings was 12.83. The lowest was -15.83. And the median was 5.14.

XTAE:KEN's Debt-to-EBITDA is ranked worse than
66.57% of 344 companies
in the Utilities - Independent Power Producers industry
Industry Median: 5.005 vs XTAE:KEN: 7.42

Kenon Holdings  (XTAE:KEN) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.

Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

Kenon Holdings Debt-to-EBITDA Related Terms

Kenon Holdings Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Kenon Holdings's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Kenon Holdings Debt-to-EBITDA Chart

Kenon Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
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Kenon Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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XTAE:KEN vs HNRG, OKLO, TLN: Debt-to-EBITDA Comparison

For the Utilities - Independent Power Producers subindustry, Kenon Holdings's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Kenon Holdings Debt-to-EBITDA vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Kenon Holdings's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Kenon Holdings's Debt-to-EBITDA falls into.


XTAE:KEN
80GF Score
Kenon Holdings Ltd XTAE:KEN
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kenon Holdings Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Kenon Holdings's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(382.6017937 + 5288.2147976) / 594.72943872404
=9.54

Kenon Holdings's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(658.45845 + 8735.7474) / 1491.6185454546
=6.30

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Jun. 2026) EBITDA data.

Is Kenon Holdings (XTAE:KEN) Overvalued in 2026?

Based on GuruFocus' analysis, Kenon Holdings stock appears to be overvalued. The current stock price of ₪200.60 is trading 27.2% above its estimated GF Value™ of ₪157.76. GuruFocus considers Kenon Holdings to be Modestly Overvalued.

Key valuation signals for XTAE:KEN:

  • Debt-to-EBITDA:
  • GF Value™: ₪157.76 vs. price of ₪200.60 (27.2% above fair value)
  • GF Score™: 80/100 with 6 warning signs

No single metric tells the full story. See the XTAE:KEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Kenon Holdings Business Description

Other Exchanges KEN:USA76N:Germany
Address 1 Temasek Avenue, No. 37-02B, Millenia Tower, Singapore, SGP, 039192
Kenon Holdings Ltd is a holding company that operates dynamic, growth-oriented businesses. The company's operating segments include: OPC Power Plants, which generates and supplies electricity and energy in Israel; and CPV Group, which generates and supplies electricity and energy in the United States. It generates maximum revenue from the OPC Power Plants segment, which generates and supplies electricity and energy in Israel. CPV Group is a limited partnership owned by OPC, which generates and supplies electricity and energy in the United States. Geographically, the company generates a majority of its revenue from Israel and the rest from the United States.
80GF Score

Get the complete analysis for XTAE:KEN

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₪200.60
Price
₪157.76
GF Value