Kenon Holdings Ltd. Ordinary Shares (KEN) Company Bio
The Company is primarily engaged in the operation of two businesses: IC Power Ltd. (IC Power), a wholly owned power generation company, and Qoros Automotive Co., Ltd. (Qoros), a China-based automotive company, in which it has a 50% equity interest. The company is based in Singapore.
KEN Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Kenon Holdings Ltd. To summarize, we found that Kenon Holdings Ltd ranked in the 63th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. As for the metrics that stood out in our discounted cash flow analysis of Kenon Holdings Ltd, consider:
Kenon Holdings Ltd's weighted average cost of capital (WACC) is 6%; for context, that number is higher than only 3.62% of tickers in our DCF set.
The company's cost of debt, derived from its interest coverage, tax rate, and market capitalization, is greater than just 7.45% of stocks in its sector (Utilities).
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Kenon Holdings Ltd? See BIP, CWCO, TAC, NEP, and SPH.
OPC Energy Ltd. (TASE: OPCE) ("OPC"), Kenon Holdings Ltd.'s (NYSE: KEN) (TASE: KEN) ("Kenon") subsidiary today reports a strategic step, which puts it in significant activity in the US energy market. The company has signed a letter of intent to acquire control of an American company CPV, with an estimated investment of $ 700-800 million, part of which is also intended for investment in future projects of CPV. The deal is still subject to a number of approvals, and to the completion of the negotiation process between the parties.
Kenon Holdings Ltd.'s (NYSE: KEN) (TASE: KEN) ("Kenon") subsidiary OPC Energy Ltd. ("OPC") announced that on September 15, 2020, a non-binding term sheet (the "Term Sheet") was executed between OPC and Global Infrastructure Management LLC for the acquisition of Competitive Power Ventures group ("CPV") by OPC (the "Potential Transaction").