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Kenon HoldingsFRA:76N 70 Operating Margin % is 1.26% as of Mar. 2026, which is 80% below its 10-year median of 6.24. GuruFocus rates FRA:76N with a GF Score™ of 70/100 and a GF Value™ of €37.22 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 421 Utilities - Independent Power Producers companies, Kenon Holdings ranks worse than 64.61% on this metric.
Kenon Holdings Ltd operating margin is expanding. Margin expansion is usually a good sign.
The historical rank and industry rank for Kenon Holdings's Operating Margin % or its related term are showing as below:
FRA:76N'
s Operating Margin % Range Over the Past 10 Years
Min: -40.59 Med: 6.24 Max: 28.19
Current: 5.7
FRA:76N's Operating Margin % is ranked worse than 64.61% of 421
companies
in the Utilities - Independent Power Producers industry
Industry Median: 13.47
vs FRA:76N: 5.70
Kenon Holdings's 5-Year Average Operating Margin % Growth Rate was 6.30% per year.
Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.
Be Aware
Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).
If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.
For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokias Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).
Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.
Kenon Holdings Operating Margin % Related Terms
Kenon Holdings Operating Margin % Historical Data
* Premium members only.
The historical data trend for Kenon Holdings's Operating Margin % 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.
FRA:76N vs HNRG, OKLO, CEG: Operating Margin % Comparison
For the Utilities - Independent Power Producers subindustry, Kenon Holdings's Operating Margin %, along with its competitors' market caps and Operating Margin % 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 Operating Margin % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Kenon Holdings's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Kenon Holdings's Operating Margin % falls into.
Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.
Kenon Holdings's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (FRA:76N) has a Operating Margin % of 1.26% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Kenon Holdings and its competitors. This is 80% below median its historical median of 6.24. According to the industry distribution chart, Kenon Holdings ranks #272 out of 421 companies in the Utilities - Independent Power Producers industry, placing it in the top 64.6%.
Is Kenon Holdings' Operating Margin % too high?
Kenon Holdings' current Operating Margin % of 1.26% is 80% below median its 10-year median of 6.24. The Utilities - Independent Power Producers industry median Operating Margin % is 13.47. Kenon Holdings' value of 1.26% is 90.6% below this industry median. Based on the distribution chart, Kenon Holdings ranks #272 out of 421 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Kenon Holdings has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kenon Holdings' Operating Margin % compare to HNRG and OKLO?
According to the Utilities - Independent Power Producers industry distribution chart, Kenon Holdings ranks #272 out of 421 companies for Operating Margin %. This places Kenon Holdings in the lower half of its industry. The industry median Operating Margin % is 13.47. Kenon Holdings' value of 1.26% is 90.6% below this benchmark. While the company's 10-year median is 6.24 vs. the industry median of 13.47, Kenon Holdings has consistently been below 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 Operating Margin % for an Utilities - Independent Power Producers company?
The median Operating Margin % among Utilities - Independent Power Producers companies is 13.47, based on 421 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Kenon Holdings's current Operating Margin % of 1.26% is 90.6% below 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 Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Kenon Holdings and its competitors. For the Utilities - Independent Power Producers industry, the median Operating Margin % is 13.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kenon Holdings's current Operating Margin % is 1.26%, which is 80% below median its own 10-year median of 6.24. 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 (FRA:76N) is currently considered Significantly Overvalued. The stock's GF Value™ is €37.22, compared to a current price of €57.00 — trading 53.1% above its estimated fair value. The current Operating Margin % is 1.26%, which is 80% below median its 10-year median of 6.24 and 90.6% below the Utilities - Independent Power Producers industry median of 13.47. Kenon Holdings' overall GF Score™ is 70/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Kenon Holdings (FRA:76N), the current Operating Margin % is 1.26% 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 (FRA:76N) Overvalued in 2026?
Based on GuruFocus' analysis, Kenon Holdings stock appears to be overvalued.
The current stock price of €57.00 is trading 53.1% above its estimated GF Value™ of €37.22.
GuruFocus considers Kenon Holdings to be Significantly Overvalued.
Key valuation signals for FRA:76N:
Operating Margin %: 1.26% (80% below median its 10-year median of 6.24)
GF Value™: €37.22 vs. price of €57.00 (53.1% above fair value)
Industry Position: 90.6% below the Utilities - Independent Power Producers median (#272 of 421)
No single metric tells the full story. See the FRA:76N 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.
70GF Score
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