Kenon Holdings Ltd. (KEN) vs Oklo Inc. (OKLO)

Kenon Holdings Ltd. and Oklo Inc. are both Utilities Independent Power Producers companies. Oklo Inc. is the larger, with a market value of $7.2B against $3.3B — 2.2× the size. Oklo Inc. has negative trailing earnings, so its P/E is not meaningful; Kenon Holdings Ltd. trades at 22.7×. Kenon Holdings Ltd. has the higher net margin (10.0% vs 0.00%) and the higher return on invested capital (1.32% vs −17.0%). Across the 13 metrics below, Kenon Holdings Ltd. leads on 8 and Oklo Inc. on 5.

Valuation

Metric KEN OKLO Utilities Independent Power Producers median
P/E 22.67 n/m 25.63
P/S 2.78 n/m 2.78
P/B 0.97 2.05 3.29
Price to free cash flow n/m n/m —
EV/EBITDA 23.59 n/m 13.69
EV/Sales 3.79 n/m 3.62
Earnings yield 4.41% (2.47%) 2.03%
Free cash flow yield (7.91%) (4.11%) (1.89%)

Profitability

Metric KEN OKLO Utilities Independent Power Producers median
Gross margin 18.66% — 37.99%
Operating margin 8.20% 0.00% 4.83%
Net margin 10.03% 0.00% 1.18%
Free cash flow margin (21.25%) 0.00% 0.50%
Return on equity 3.98% (7.70%) 1.70%
Return on assets 2.06% (7.47%) 0.93%
Return on invested capital 1.32% (17.00%) 2.93%

Growth

Metric KEN OKLO Utilities Independent Power Producers median
Revenue growth (TTM) 53.35% — 12.80%
EPS growth (last fiscal year) (96.74%) 2.70% —
Revenue growth, 5-year CAGR 17.67% — 15.82%
Net income growth, 5-year CAGR (33.43%) — 1.71%

Health

Metric KEN OKLO Utilities Independent Power Producers median
Debt to equity 0.88 0.00 0.74
Current ratio 3.22 48.46 1.21
Net debt to EBITDA 1.70 8.63 3.88

Dividend

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

Size

Metric KEN OKLO Utilities Independent Power Producers median
Market cap 3.32b 7.21b 11.01b

Compare with another peer

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