KEN (Kenon Holdings) EV-to-OCF: 28.42 (As of Aug. 17, 2026) — 88% Above Median

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KEN Kenon Holdings Ltd KEN
64 GF Score
Price $64.97
GF Value $45.48
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Kenon Holdings EV-to-OCF?

Kenon Holdings KEN -2.29% 64 EV-to-OCF is 28.42 as of Aug. 17, 2026, which is 88% above its 10-year median of 15.15. 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 450 Utilities - Independent Power Producers companies, Kenon Holdings ranks worse than 82.22% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Kenon Holdings's Enterprise Value is $5,791 Mil. Kenon Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $204 Mil. Therefore, Kenon Holdings's EV-to-OCF for today is 28.42.

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

KEN' s EV-to-OCF Range Over the Past 10 Years
Min: 1.49   Med: 15.15   Max: 38.05
Current: 28.42

During the past 13 years, the highest EV-to-OCF of Kenon Holdings was 38.05. The lowest was 1.49. And the median was 15.15.

KEN's EV-to-OCF is ranked worse than
82.22% of 450 companies
in the Utilities - Independent Power Producers industry
Industry Median: 9.73 vs KEN: 28.42

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-08-17), Kenon Holdings's stock price is $64.97. Kenon Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $1.540. Therefore, Kenon Holdings's PE Ratio (TTM) for today is 42.19.


Kenon Holdings  (NYSE:KEN) EV-to-OCF Explanation

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Kenon Holdings's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=64.97/1.540
=42.19

Kenon Holdings's share price for today is $64.97.
Kenon Holdings's Earnings per Share (Diluted) 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 $1.540.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Kenon Holdings EV-to-OCF Related Terms


Kenon Holdings EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Kenon Holdings's EV-to-OCF 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 EV-to-OCF Chart

Kenon Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.98 3.58 10.22 11.15 18.48

Kenon Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-OCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.14 14.51 16.77 18.48 32.86

KEN vs HNRG, OKLO, TLN: EV-to-OCF Comparison

For the Utilities - Independent Power Producers subindustry, Kenon Holdings's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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 EV-to-OCF vs Utilities - Independent Power Producers Industry

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

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


KEN
64GF Score
Kenon Holdings Ltd KEN
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kenon Holdings EV-to-OCF Calculation

Kenon Holdings's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=5791.481/203.793
=28.42

Kenon Holdings's current Enterprise Value is $5,791 Mil.
Kenon Holdings's Cash Flow from Operations 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 $204 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-OCF →
What does a EV-to-OCF of 28.42 mean?
Kenon Holdings (KEN) has a EV-to-OCF of 28.42 as of Aug. 17, 2026. This is 88% above median its historical median of 15.15. Over the past decade, Kenon Holdings' EV-to-OCF has ranged from 1.49 to 38.05. According to the industry distribution chart, Kenon Holdings ranks #370 out of 450 companies in the Utilities - Independent Power Producers industry, placing it in the top 82.2%.
Is Kenon Holdings' EV-to-OCF too high?
Kenon Holdings' current EV-to-OCF of 28.42 is 88% above median its 10-year median of 15.15. Over the past 10 years, this metric has ranged from a low of 1.49 to a high of 38.05. The Utilities - Independent Power Producers industry median EV-to-OCF is 9.73. Kenon Holdings' value of 28.42 is 192.1% above this industry median. Based on the distribution chart, Kenon Holdings ranks #370 out of 450 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. 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' EV-to-OCF compare to HNRG and OKLO?
According to the Utilities - Independent Power Producers industry distribution chart, Kenon Holdings ranks #370 out of 450 companies for EV-to-OCF. This places Kenon Holdings in the lower half of its industry. The industry median EV-to-OCF is 9.73. Kenon Holdings' value of 28.42 is 192.1% above this benchmark. Historically, Kenon Holdings' own EV-to-OCF has ranged from 1.49 to 38.05 over the past decade. While the company's 10-year median is 15.15 vs. the industry median of 9.73, 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 EV-to-OCF for an Utilities - Independent Power Producers company?
The median EV-to-OCF among Utilities - Independent Power Producers companies is 9.73, based on 450 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Kenon Holdings's current EV-to-OCF of 28.42 is 192.1% 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 EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Utilities - Independent Power Producers industry, the median EV-to-OCF is 9.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kenon Holdings's current EV-to-OCF is 28.42, which is 88% above median its own 10-year median of 15.15. 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 EV-to-OCF is 28.42, which is 88% above median its 10-year median of 15.15 and 192.1% above the Utilities - Independent Power Producers industry median of 9.73. 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 EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Kenon Holdings (KEN), the current EV-to-OCF is 28.42 as of Aug. 17, 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:

  • EV-to-OCF: 28.42 (88% above median its 10-year median of 15.15)
  • GF Value™: $45.48 vs. price of $64.97 (42.9% above fair value)
  • GF Score™: 64/100 with 6 warning signs
  • Industry Position: 192.1% above the Utilities - Independent Power Producers median (#370 of 450)

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 Business Description

Other Exchanges KEN:Israel76N: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.
64GF Score

Get the complete analysis for KEN

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

$64.97
Price
$45.48
GF Value