Hallador Energy Company (HNRG) vs Kenon Holdings Ltd. (KEN)

Hallador Energy Company and Kenon Holdings Ltd. are both Utilities Independent Power Producers companies. Kenon Holdings Ltd. is the larger, with a market value of $3.3B against $685.5M — 4.8× the size. Kenon Holdings Ltd. trades at the lower P/E: 22.7× against 368×. Kenon Holdings Ltd. grew revenue faster over the last twelve months: 53.4% against 7.85%. Kenon Holdings Ltd. has the higher net margin (10.0% vs −0.20%) and the lower return on invested capital (1.32% vs 5.09%). Across the 20 metrics below, Kenon Holdings Ltd. leads on 11 and Hallador Energy Company on 9.

Valuation

Metric HNRG KEN Utilities Independent Power Producers median
P/E 368.00 22.67 25.63
P/S 1.53 2.78 2.78
P/B 3.65 0.97 3.29
Price to free cash flow n/m n/m —
EV/EBITDA n/m 23.59 13.69
EV/Sales 1.55 3.79 3.62
Earnings yield 0.27% 4.41% 2.03%
Free cash flow yield (6.81%) (7.91%) (1.89%)

Profitability

Metric HNRG KEN Utilities Independent Power Producers median
Gross margin 43.61% 18.66% 37.99%
Operating margin 3.58% 8.20% 4.83%
Net margin (0.20%) 10.03% 1.18%
Free cash flow margin (10.45%) (21.25%) 0.50%
Return on equity (0.58%) 3.98% 1.70%
Return on assets (0.21%) 2.06% 0.93%
Return on invested capital 5.09% 1.32% 2.93%

Growth

Metric HNRG KEN Utilities Independent Power Producers median
Revenue growth (TTM) 7.85% 53.35% 12.80%
EPS growth (last fiscal year) 116.78% (96.74%) —
Revenue growth, 5-year CAGR 13.96% 17.67% 15.82%
Net income growth, 5-year CAGR 0.00% (33.43%) 1.71%

Health

Metric HNRG KEN Utilities Independent Power Producers median
Debt to equity 0.23 0.88 0.74
Current ratio 0.72 3.22 1.21
Net debt to EBITDA 4.05 1.70 3.88

Dividend

Metric HNRG KEN Utilities Independent Power Producers median
Dividend yield — 10.97% —
Payout ratio 0.00 2.37 0.17

Size

Metric HNRG KEN Utilities Independent Power Producers median
Market cap 685.46m 3.32b 11.01b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack