Independent Power Producers
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KEN vs AMTD
Revenue, margins, valuation, and 5-year total return — side by side.
Asset Management
KEN vs AMTD — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Independent Power Producers | Asset Management |
| Market Cap | $4.80B | $7M |
| Revenue (TTM) | $775M | $54M |
| Net Income (TTM) | $495M | $188M |
| Gross Margin | 17.1% | 45.2% |
| Operating Margin | 5.0% | 48.2% |
| Forward P/E | 8.1x | 0.2x |
| Total Debt | $1.28B | $283M |
| Cash & Equiv. | $1.02B | $63M |
KEN vs AMTD — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Kenon Holdings Ltd. (KEN) | 100 | 422.8 | +322.8% |
| AMTD IDEA Group (AMTD) | 100 | 2.7 | -97.3% |
Price return only. Dividends and distributions are not included.
Quick Verdict: KEN vs AMTD
Each card shows where this stock fits in a portfolio — not just who wins on paper.
KEN is the clearest fit if your priority is growth exposure and long-term compounding.
- Rev growth 8.6%, EPS growth 356.6%, 3Y rev CAGR 15.5%
- 12.5% 10Y total return vs AMTD's -91.4%
- 8.6% revenue growth vs AMTD's -55.9%
AMTD carries the broadest edge in this set and is the clearest fit for income & stability and sleep-well-at-night.
- Dividend streak 1 yrs, beta 0.06, yield 38.2%
- Lower volatility, beta 0.06, Low D/E 16.7%, current ratio 10.62x
- Beta 0.06, yield 38.2%, current ratio 10.62x
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 8.6% revenue growth vs AMTD's -55.9% | |
| Value | Lower P/E (0.2x vs 8.1x) | |
| Quality / Margins | 94.4% margin vs KEN's 63.8% | |
| Stability / Safety | Beta 0.06 vs KEN's 0.90, lower leverage | |
| Dividends | 38.2% yield, 1-year raise streak, vs KEN's 4.1% | |
| Momentum (1Y) | +217.7% vs AMTD's +1.0% | |
| Efficiency (ROA) | 11.4% ROA vs AMTD's 10.8%, ROIC 1.2% vs 1.2% |
KEN vs AMTD — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
KEN vs AMTD — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
AMTD leads this category, winning 4 of 5 comparable metrics.
Income & Cash Flow (Last 12 Months)
KEN is the larger business by revenue, generating $775M annually — 14.3x AMTD's $54M. AMTD is the more profitable business, keeping 94.4% of every revenue dollar as net income compared to KEN's 63.8%.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $775M | $54M |
| EBITDAEarnings before interest/tax | $122M | $263M |
| Net IncomeAfter-tax profit | $495M | $188M |
| Free Cash FlowCash after capex | $222M | $45M |
| Gross MarginGross profit ÷ Revenue | +17.1% | +45.2% |
| Operating MarginEBIT ÷ Revenue | +5.0% | +48.2% |
| Net MarginNet income ÷ Revenue | +63.8% | +94.4% |
| FCF MarginFCF ÷ Revenue | +28.6% | +9.5% |
| Rev. Growth (YoY)Latest quarter vs prior year | +8.3% | — |
| EPS Growth (YoY)Latest quarter vs prior year | -95.3% | -88.3% |
Valuation Metrics
AMTD leads this category, winning 4 of 4 comparable metrics.
Valuation Metrics
At 0.2x trailing earnings, AMTD trades at a 97% valuation discount to KEN's 8.1x P/E. On an enterprise value basis, AMTD's 6.9x EV/EBITDA is more attractive than KEN's 35.9x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $4.8B | $7M |
| Enterprise ValueMkt cap + debt − cash | $5.1B | $228M |
| Trailing P/EPrice ÷ TTM EPS | 8.11x | 0.24x |
| Forward P/EPrice ÷ next-FY EPS est. | — | — |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | 35.91x | 6.93x |
| Price / SalesMarket cap ÷ Revenue | 6.39x | 0.13x |
| Price / BookPrice ÷ Book value/share | 1.82x | 0.01x |
| Price / FCFMarket cap ÷ FCF | — | 1.39x |
Profitability & Efficiency
AMTD leads this category, winning 5 of 9 comparable metrics.
Profitability & Efficiency
KEN delivers a 19.1% return on equity — every $100 of shareholder capital generates $19 in annual profit, vs $13 for AMTD. AMTD carries lower financial leverage with a 0.17x debt-to-equity ratio, signaling a more conservative balance sheet compared to KEN's 0.48x. On the Piotroski fundamental quality scale (0–9), KEN scores 8/9 vs AMTD's 3/9, reflecting strong financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +19.1% | +12.9% |
| ROA (TTM)Return on assets | +11.4% | +10.8% |
| ROICReturn on invested capital | +1.2% | +1.2% |
| ROCEReturn on capital employed | +1.2% | +1.6% |
| Piotroski ScoreFundamental quality 0–9 | 8 | 3 |
| Debt / EquityFinancial leverage | 0.48x | 0.17x |
| Net DebtTotal debt minus cash | $264M | $221M |
| Cash & Equiv.Liquid assets | $1.0B | $63M |
| Total DebtShort + long-term debt | $1.3B | $283M |
| Interest CoverageEBIT ÷ Interest expense | 0.52x | 17.18x |
Total Returns (Dividends Reinvested)
KEN leads this category, winning 6 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in KEN five years ago would be worth $35,835 today (with dividends reinvested), compared to $242 for AMTD. Over the past 12 months, KEN leads with a +217.7% total return vs AMTD's +1.0%. The 3-year compound annual growth rate (CAGR) favors KEN at 54.1% vs AMTD's -41.1% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +41.9% | -1.0% |
| 1-Year ReturnPast 12 months | +217.7% | +1.0% |
| 3-Year ReturnCumulative with dividends | +265.7% | -79.6% |
| 5-Year ReturnCumulative with dividends | +258.4% | -97.6% |
| 10-Year ReturnCumulative with dividends | +1250.9% | -91.4% |
| CAGR (3Y)Annualised 3-year return | +54.1% | -41.1% |
Risk & Volatility
Evenly matched — KEN and AMTD each lead in 1 of 2 comparable metrics.
Risk & Volatility
AMTD is the less volatile stock with a 0.06 beta — it tends to amplify market swings less than KEN's 0.90 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. KEN currently trades 95.9% from its 52-week high vs AMTD's 61.2% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.90x | 0.06x |
| 52-Week HighHighest price in past year | $95.93 | $1.65 |
| 52-Week LowLowest price in past year | $29.97 | $0.87 |
| % of 52W HighCurrent price vs 52-week peak | +95.9% | +61.2% |
| RSI (14)Momentum oscillator 0–100 | 68.1 | 57.6 |
| Avg Volume (50D)Average daily shares traded | 24K | 24K |
Analyst Outlook
AMTD leads this category, winning 1 of 1 comparable metric.
Analyst Outlook
For income investors, AMTD offers the higher dividend yield at 38.15% vs KEN's 4.14%.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | — |
| Price TargetConsensus 12-month target | — | — |
| # AnalystsCovering analysts | 1 | — |
| Dividend YieldAnnual dividend ÷ price | +4.1% | +38.2% |
| Dividend StreakConsecutive years of raises | 1 | 1 |
| Dividend / ShareAnnual DPS | $3.80 | $0.39 |
| Buyback YieldShare repurchases ÷ mkt cap | +0.2% | 0.0% |
AMTD leads in 4 of 6 categories (Income & Cash Flow, Valuation Metrics). KEN leads in 1 (Total Returns). 1 tied.
KEN vs AMTD: Frequently Asked Questions
9 questions · data-driven answers · updated daily
01Is KEN or AMTD a better buy right now?
For growth investors, Kenon Holdings Ltd.
(KEN) is the stronger pick with 8. 6% revenue growth year-over-year, versus -55. 9% for AMTD IDEA Group (AMTD). AMTD IDEA Group (AMTD) offers the better valuation at 0. 2x trailing P/E, making it the more compelling value choice. Analysts rate Kenon Holdings Ltd. (KEN) a "Hold" — based on 1 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — KEN or AMTD?
On trailing P/E, AMTD IDEA Group (AMTD) is the cheapest at 0.
2x versus Kenon Holdings Ltd. at 8. 1x.
03Which is the better long-term investment — KEN or AMTD?
Over the past 5 years, Kenon Holdings Ltd.
(KEN) delivered a total return of +258. 4%, compared to -97. 6% for AMTD IDEA Group (AMTD). Over 10 years, the gap is even starker: KEN returned +1257% versus AMTD's -91. 4%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — KEN or AMTD?
By beta (market sensitivity over 5 years), AMTD IDEA Group (AMTD) is the lower-risk stock at 0.
06β versus Kenon Holdings Ltd. 's 0. 90β — meaning KEN is approximately 1316% more volatile than AMTD relative to the S&P 500. On balance sheet safety, AMTD IDEA Group (AMTD) carries a lower debt/equity ratio of 17% versus 48% for Kenon Holdings Ltd. — giving it more financial flexibility in a downturn.
05Which is growing faster — KEN or AMTD?
By revenue growth (latest reported year), Kenon Holdings Ltd.
(KEN) is pulling ahead at 8. 6% versus -55. 9% for AMTD IDEA Group (AMTD). On earnings-per-share growth, the picture is similar: Kenon Holdings Ltd. grew EPS 356. 6% year-over-year, compared to -68. 5% for AMTD IDEA Group. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — KEN or AMTD?
AMTD IDEA Group (AMTD) is the more profitable company, earning 94.
4% net margin versus 79. 6% for Kenon Holdings Ltd. — meaning it keeps 94. 4% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: AMTD leads at 48. 2% versus 6. 3% for KEN. At the gross margin level — before operating expenses — AMTD leads at 45. 2%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Which pays a better dividend — KEN or AMTD?
All stocks in this comparison pay dividends.
AMTD IDEA Group (AMTD) offers the highest yield at 38. 2%, versus 4. 1% for Kenon Holdings Ltd. (KEN).
08Is KEN or AMTD better for a retirement portfolio?
For long-horizon retirement investors, Kenon Holdings Ltd.
(KEN) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 90), 4. 1% yield, +1257% 10Y return). Both have compounded well over 10 years (KEN: +1257%, AMTD: -91. 4%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
09What are the main differences between KEN and AMTD?
These companies operate in different sectors (KEN (Utilities) and AMTD (Financial Services)), which means they face different economic cycles, regulatory environments, and macro sensitivities — making direct comparison nuanced.
These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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