WallStSmart

CMS Energy Corp (CMSA)vsKenon Holdings (KEN)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

KEN leads profitability with a 63.8% profit margin vs 0.0%. KEN earns a higher WallStSmart Score of 44/100 (D).

CMSA

Avoid

20

out of 100

Grade: F

Growth: 3.3Profit: 4.0Value: 6.7Quality: 5.0

KEN

Hold

44

out of 100

Grade: D

Growth: 5.3Profit: 6.0Value: 5.0Quality: 9.0
Piotroski: 7/9Altman Z: 2.05

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

CMSA1 strengths · Avg: 10.0/10
P/E RatioValuation
12.0x10/10

Attractively priced relative to earnings

KEN2 strengths · Avg: 9.5/10
Profit MarginProfitability
63.8%10/10

Keeps 64 of every $100 in revenue as profit

Return on EquityProfitability
24.1%9/10

Every $100 of equity generates 24 in profit

Areas to Watch

CMSA4 concerns · Avg: 3.5/10
Revenue GrowthGrowth
0.0%4/10

0.0% revenue growth

EPS GrowthGrowth
0.0%4/10

0.0% earnings growth

Return on EquityProfitability
0.0%3/10

ROE of 0.0% — below average capital efficiency

Profit MarginProfitability
0.0%3/10

0.0% margin — thin

KEN2 concerns · Avg: 1.5/10
EPS GrowthGrowth
-95.6%2/10

Earnings declined 95.6%

Operating MarginProfitability
-1.0%1/10

Operating margin of -1.0%

Comparative Analysis Report

WallStSmart Research

Bull Case : CMSA

The strongest argument for CMSA centers on P/E Ratio.

Bull Case : KEN

The strongest argument for KEN centers on Profit Margin, Return on Equity. Profitability is solid with margins at 63.8% and operating margin at -1.0%.

Bear Case : CMSA

The primary concerns for CMSA are Revenue Growth, EPS Growth, Return on Equity.

Bear Case : KEN

The primary concerns for KEN are EPS Growth, Operating Margin.

Key Dynamics to Monitor

CMSA profiles as a value stock while KEN is a mature play — different risk/reward profiles.

KEN is growing revenue faster at 8.3% — sustainability is the question.

KEN generates stronger free cash flow (71M), providing more financial flexibility.

Monitor MULTILINE UTILITIES industry trends, competitive dynamics, and regulatory changes.

Bottom Line

KEN scores higher overall (44/100 vs 20/100), backed by strong 63.8% margins. Both earn "Hold" and "Avoid" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

CMS Energy Corp

UTILITIES · MULTILINE UTILITIES · USA

CMS Energy Corporation is an energy company primarily in Michigan. The company is headquartered in Jackson, Michigan.

Kenon Holdings

UTILITIES · UTILITIES - INDEPENDENT POWER PRODUCERS · USA

Kenon Holdings Ltd., is the owner, developer and operator of power generation facilities in Israel and internationally. The company is headquartered in Singapore.

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