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Kenon HoldingsKEN -2.29%64 Earnings Yield (Joel Greenblatt) % is 3.89% as of Mar. 2026, which is 19% below its 10-year median of 4.78. GuruFocus rates KEN with a GF Score™ of 64/100 and a GF Value™ of $45.48 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 487 Utilities - Independent Power Producers companies, Kenon Holdings ranks better than 58.11% on this metric.
Kenon Holdings's Enterprise Value for the quarter that ended in Mar. 2026 was $6,698 Mil.
Kenon Holdings's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $261 Mil. Kenon Holdings's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 3.89%.
The historical rank and industry rank for Kenon Holdings's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
KEN'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -53.69 Med: 4.78 Max: 63.92
Current: 4.5
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Kenon Holdings was 63.92%. The lowest was -53.69%. And the median was 4.78%.
KEN's Earnings Yield (Joel Greenblatt) % is ranked better than 58.11% of 487
companies
in the Utilities - Independent Power Producers industry
Industry Median: 3.2
vs KEN: 4.50
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Kenon Holdings's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 0.00%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.
Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.
Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.
Be Aware
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
Kenon Holdings Earnings Yield (Joel Greenblatt) % Related Terms
Kenon Holdings Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Kenon Holdings's Earnings Yield (Joel Greenblatt) % 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.
KEN vs HNRG, OKLO, TLN: Earnings Yield (Joel Greenblatt) % Comparison
For the Utilities - Independent Power Producers subindustry, Kenon Holdings's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % 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 Earnings Yield (Joel Greenblatt) % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Kenon Holdings's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Kenon Holdings's Earnings Yield (Joel Greenblatt) % falls into.
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Kenon Holdingss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Kenon Holdings's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $261 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 3.89% mean?
Kenon Holdings (KEN) has a Earnings Yield (Joel Greenblatt) % of 3.89% as of Mar. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Kenon Holdings and its competitors. This is 19% below median its historical median of 4.78. According to the industry distribution chart, Kenon Holdings ranks #204 out of 487 companies in the Utilities - Independent Power Producers industry, placing it in the top 41.9%.
Is Kenon Holdings' Earnings Yield (Joel Greenblatt) % too high?
Kenon Holdings' current Earnings Yield (Joel Greenblatt) % of 3.89% is 19% below median its 10-year median of 4.78. The Utilities - Independent Power Producers industry median Earnings Yield (Joel Greenblatt) % is 3.20. Kenon Holdings' value of 3.89% is 21.6% above this industry median. Based on the distribution chart, Kenon Holdings ranks #204 out of 487 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Kenon Holdings has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kenon Holdings' Earnings Yield (Joel Greenblatt) % compare to HNRG and OKLO?
According to the Utilities - Independent Power Producers industry distribution chart, Kenon Holdings ranks #204 out of 487 companies for Earnings Yield (Joel Greenblatt) %. This puts Kenon Holdings in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 3.20. Kenon Holdings' value of 3.89% is 21.6% above this benchmark. While the company's 10-year median is 4.78 vs. the industry median of 3.20, Kenon Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for an Utilities - Independent Power Producers company?
The median Earnings Yield (Joel Greenblatt) % among Utilities - Independent Power Producers companies is 3.20, based on 487 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Kenon Holdings's current Earnings Yield (Joel Greenblatt) % of 3.89% is 21.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Kenon Holdings and its competitors. For the Utilities - Independent Power Producers industry, the median Earnings Yield (Joel Greenblatt) % is 3.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kenon Holdings's current Earnings Yield (Joel Greenblatt) % is 3.89%, which is 19% below median its own 10-year median of 4.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kenon Holdings stock overvalued right now?
Based on GuruFocus' analysis, Kenon Holdings (KEN) is currently considered Significantly Overvalued. The stock's GF Value™ is $45.48, compared to a current price of $64.97 — trading 42.9% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 3.89%, which is 19% below median its 10-year median of 4.78 and 21.6% above the Utilities - Independent Power Producers industry median of 3.20. Kenon Holdings' overall GF Score™ is 64/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For Kenon Holdings (KEN), the current Earnings Yield (Joel Greenblatt) % is 3.89% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Kenon Holdings (KEN) Overvalued in 2026?
Based on GuruFocus' analysis, Kenon Holdings stock appears to be overvalued.
The current stock price of $64.97 is trading 42.9% above its estimated GF Value™ of $45.48.
GuruFocus considers Kenon Holdings to be Significantly Overvalued.
Key valuation signals for KEN:
Earnings Yield (Joel Greenblatt) %: 3.89% (19% below median its 10-year median of 4.78)
GF Value™: $45.48 vs. price of $64.97 (42.9% above fair value)
Industry Position: 21.6% above the Utilities - Independent Power Producers median (#204 of 487)
No single metric tells the full story. See the KEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
64GF Score
Get the complete analysis for KEN
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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