Independent Power Producers
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KEN vs GEV
Revenue, margins, valuation, and 5-year total return — side by side.
Renewable Utilities
KEN vs GEV — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Independent Power Producers | Renewable Utilities |
| Market Cap | $4.52B | $281.02B |
| Revenue (TTM) | $775M | $39.38B |
| Net Income (TTM) | $495M | $9.38B |
| Gross Margin | 17.1% | 19.9% |
| Operating Margin | 5.0% | 3.9% |
| Forward P/E | 7.6x | 37.6x |
| Total Debt | $1.28B | $0.00 |
| Cash & Equiv. | $1.02B | $8.85B |
KEN vs GEV — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | Mar 24 | May 26 | Return |
|---|---|---|---|
| Kenon Holdings Ltd. (KEN) | 100 | 324.9 | +224.9% |
| GE Vernova Inc. (GEV) | 100 | 764.7 | +664.7% |
Price return only. Dividends and distributions are not included.
Quick Verdict: KEN vs GEV
Each card shows where this stock fits in a portfolio — not just who wins on paper.
KEN carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- Dividend streak 1 yrs, beta 0.90, yield 4.4%
- Rev growth 8.6%, EPS growth 356.6%, 3Y rev CAGR 15.5%
- 12.6% 10Y total return vs GEV's 7.0%
GEV is the clearest fit if your priority is growth and efficiency.
- 8.9% revenue growth vs KEN's 8.6%
- 15.2% ROA vs KEN's 11.4%, ROIC 27.9% vs 1.2%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 8.9% revenue growth vs KEN's 8.6% | |
| Value | Lower P/E (7.6x vs 37.6x) | |
| Quality / Margins | 63.8% margin vs GEV's 23.8% | |
| Stability / Safety | Beta 0.90 vs GEV's 1.76 | |
| Dividends | 4.4% yield, 1-year raise streak, vs GEV's 0.1% | |
| Momentum (1Y) | +194.0% vs GEV's +157.4% | |
| Efficiency (ROA) | 15.2% ROA vs KEN's 11.4%, ROIC 27.9% vs 1.2% |
KEN vs GEV — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
KEN vs GEV — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
Evenly matched — KEN and GEV each lead in 3 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
GEV is the larger business by revenue, generating $39.4B annually — 50.8x KEN's $775M. KEN is the more profitable business, keeping 63.8% of every revenue dollar as net income compared to GEV's 23.8%. On growth, GEV holds the edge at +16.1% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $775M | $39.4B |
| EBITDAEarnings before interest/tax | $122M | $2.2B |
| Net IncomeAfter-tax profit | $495M | $9.4B |
| Free Cash FlowCash after capex | $222M | $3.6B |
| Gross MarginGross profit ÷ Revenue | +17.1% | +19.9% |
| Operating MarginEBIT ÷ Revenue | +5.0% | +3.9% |
| Net MarginNet income ÷ Revenue | +63.8% | +23.8% |
| FCF MarginFCF ÷ Revenue | +28.6% | +9.2% |
| Rev. Growth (YoY)Latest quarter vs prior year | +8.3% | +16.1% |
| EPS Growth (YoY)Latest quarter vs prior year | -95.3% | +18.2% |
Valuation Metrics
KEN leads this category, winning 4 of 4 comparable metrics.
Valuation Metrics
At 7.6x trailing earnings, KEN trades at a 87% valuation discount to GEV's 59.1x P/E. On an enterprise value basis, KEN's 33.9x EV/EBITDA is more attractive than GEV's 121.5x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $4.5B | $281.0B |
| Enterprise ValueMkt cap + debt − cash | $4.8B | $272.2B |
| Trailing P/EPrice ÷ TTM EPS | 7.64x | 59.12x |
| Forward P/EPrice ÷ next-FY EPS est. | — | 37.62x |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | 33.93x | 121.45x |
| Price / SalesMarket cap ÷ Revenue | 6.01x | 7.38x |
| Price / BookPrice ÷ Book value/share | 1.72x | 23.47x |
| Price / FCFMarket cap ÷ FCF | — | 75.73x |
Profitability & Efficiency
GEV leads this category, winning 6 of 7 comparable metrics.
Profitability & Efficiency
GEV delivers a 79.7% return on equity — every $100 of shareholder capital generates $80 in annual profit, vs $19 for KEN. On the Piotroski fundamental quality scale (0–9), KEN scores 8/9 vs GEV's 6/9, reflecting strong financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +19.1% | +79.7% |
| ROA (TTM)Return on assets | +11.4% | +15.2% |
| ROICReturn on invested capital | +1.2% | +27.9% |
| ROCEReturn on capital employed | +1.2% | +6.6% |
| Piotroski ScoreFundamental quality 0–9 | 8 | 6 |
| Debt / EquityFinancial leverage | 0.48x | — |
| Net DebtTotal debt minus cash | $264M | -$8.8B |
| Cash & Equiv.Liquid assets | $1.0B | $8.8B |
| Total DebtShort + long-term debt | $1.3B | $0 |
| Interest CoverageEBIT ÷ Interest expense | 0.52x | — |
Total Returns (Dividends Reinvested)
GEV leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in GEV five years ago would be worth $79,830 today (with dividends reinvested), compared to $34,065 for KEN. Over the past 12 months, KEN leads with a +194.0% total return vs GEV's +157.4%. The 3-year compound annual growth rate (CAGR) favors GEV at 99.9% vs KEN's 51.4% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +34.0% | +54.0% |
| 1-Year ReturnPast 12 months | +194.0% | +157.4% |
| 3-Year ReturnCumulative with dividends | +246.9% | +698.3% |
| 5-Year ReturnCumulative with dividends | +240.6% | +698.3% |
| 10-Year ReturnCumulative with dividends | +1256.7% | +698.3% |
| CAGR (3Y)Annualised 3-year return | +51.4% | +99.9% |
Risk & Volatility
KEN leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
KEN is the less volatile stock with a 0.90 beta — it tends to amplify market swings less than GEV's 1.76 beta. A beta below 1.0 means the stock typically moves less than the S&P 500.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.90x | 1.76x |
| 52-Week HighHighest price in past year | $95.93 | $1181.95 |
| 52-Week LowLowest price in past year | $30.42 | $387.03 |
| % of 52W HighCurrent price vs 52-week peak | +90.3% | +88.5% |
| RSI (14)Momentum oscillator 0–100 | 60.3 | 66.5 |
| Avg Volume (50D)Average daily shares traded | 26K | 2.4M |
Analyst Outlook
KEN leads this category, winning 1 of 1 comparable metric.
Analyst Outlook
Wall Street rates KEN as "Hold" and GEV as "Buy". KEN is the only dividend payer here at 4.39% yield — a key consideration for income-focused portfolios.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Buy |
| Price TargetConsensus 12-month target | — | $1119.95 |
| # AnalystsCovering analysts | 1 | 28 |
| Dividend YieldAnnual dividend ÷ price | +4.4% | +0.1% |
| Dividend StreakConsecutive years of raises | 1 | 1 |
| Dividend / ShareAnnual DPS | $3.80 | $1.00 |
| Buyback YieldShare repurchases ÷ mkt cap | +0.2% | +1.2% |
KEN leads in 3 of 6 categories (Valuation Metrics, Risk & Volatility). GEV leads in 2 (Profitability & Efficiency, Total Returns). 1 tied.
KEN vs GEV: Frequently Asked Questions
9 questions · data-driven answers · updated daily
01Is KEN or GEV a better buy right now?
For growth investors, GE Vernova Inc.
(GEV) is the stronger pick with 8. 9% revenue growth year-over-year, versus 8. 6% for Kenon Holdings Ltd. (KEN). Kenon Holdings Ltd. (KEN) offers the better valuation at 7. 6x trailing P/E, making it the more compelling value choice. Analysts rate GE Vernova Inc. (GEV) a "Buy" — based on 28 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 GEV?
On trailing P/E, Kenon Holdings Ltd.
(KEN) is the cheapest at 7. 6x versus GE Vernova Inc. at 59. 1x.
03Which is the better long-term investment — KEN or GEV?
Over the past 5 years, GE Vernova Inc.
(GEV) delivered a total return of +698. 3%, compared to +240. 6% for Kenon Holdings Ltd. (KEN). Over 10 years, the gap is even starker: KEN returned +1257% versus GEV's +698. 3%. 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 GEV?
By beta (market sensitivity over 5 years), Kenon Holdings Ltd.
(KEN) is the lower-risk stock at 0. 90β versus GE Vernova Inc. 's 1. 76β — meaning GEV is approximately 96% more volatile than KEN relative to the S&P 500.
05Which is growing faster — KEN or GEV?
By revenue growth (latest reported year), GE Vernova Inc.
(GEV) is pulling ahead at 8. 9% versus 8. 6% for Kenon Holdings Ltd. (KEN). On earnings-per-share growth, the picture is similar: Kenon Holdings Ltd. grew EPS 356. 6% year-over-year, compared to 217. 0% for GE Vernova Inc.. Over a 3-year CAGR, KEN leads at 15. 5% annualised revenue growth. 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 GEV?
Kenon Holdings Ltd.
(KEN) is the more profitable company, earning 79. 6% net margin versus 12. 8% for GE Vernova Inc. — meaning it keeps 79. 6% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: KEN leads at 6. 3% versus 3. 6% for GEV. At the gross margin level — before operating expenses — GEV leads at 19. 8%, 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 GEV?
In this comparison, KEN (4.
4% yield) pays a dividend. GEV does not pay a meaningful dividend and should not be held primarily for income.
08Is KEN or GEV 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. 4% yield, +1257% 10Y return). GE Vernova Inc. (GEV) carries a higher beta of 1. 76 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (KEN: +1257%, GEV: +698. 3%), 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 GEV?
Both stocks operate in the Utilities sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: KEN is a small-cap deep-value stock; GEV is a large-cap quality compounder stock. KEN pays a dividend while GEV does not, making them suitable for different income and tax situations. 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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