Kenon Holdings (KEN)vsNiSource Inc (NI)
KEN
Kenon Holdings
$87.72
-0.97%
UTILITIES · Cap: $4.57B
NI
NiSource Inc
$48.28
+0.21%
UTILITIES · Cap: $23.06B
Smart Verdict
WallStSmart Research — data-driven comparison
NiSource Inc generates 662% more annual revenue ($6.64B vs $871.93M). NI leads profitability with a 14.0% profit margin vs 7.6%. NI trades at a lower P/E of 24.7x. NI earns a higher WallStSmart Score of 62/100 (C+).
KEN
Hold40
out of 100
Grade: F
NI
Buy62
out of 100
Grade: C+
Intrinsic Value Comparison
Multi-model valuation · Graham Formula
Margin of Safety
-40.1%
Fair Value
$54.44
Current Price
$87.72
$33.28 premium
Margin of Safety
-86.6%
Fair Value
$23.93
Current Price
$48.28
$24.35 premium
Key Strengths & Concerns
Side-by-side fundamental analysis
Key Strengths
Revenue surging 43.1% year-over-year
Reasonable price relative to book value
Reasonable price relative to book value
Strong operational efficiency at 27.0%
19.8% revenue growth
Areas to Watch
ROE of 5.1% — below average capital efficiency
7.6% margin — thin
Premium valuation, high expectations priced in
Earnings declined 93.7%
Expensive relative to growth rate
Negative free cash flow — burning cash
Distress zone — elevated risk
Comparative Analysis Report
WallStSmart ResearchBull Case : KEN
The strongest argument for KEN centers on Revenue Growth, Price/Book. Revenue growth of 43.1% demonstrates continued momentum.
Bull Case : NI
The strongest argument for NI centers on Price/Book, Operating Margin, Revenue Growth. Revenue growth of 19.8% demonstrates continued momentum.
Bear Case : KEN
The primary concerns for KEN are Return on Equity, Profit Margin, P/E Ratio. A P/E of 69.1x leaves little room for execution misses.
Bear Case : NI
The primary concerns for NI are PEG Ratio, Free Cash Flow, Altman Z-Score.
Key Dynamics to Monitor
KEN profiles as a hypergrowth stock while NI is a growth play — different risk/reward profiles.
NI carries more volatility with a beta of 0.61 — expect wider price swings.
KEN is growing revenue faster at 43.1% — sustainability is the question.
KEN generates stronger free cash flow (53M), providing more financial flexibility.
Bottom Line
NI scores higher overall (62/100 vs 40/100) and 19.8% revenue growth. Both earn "Buy" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.
This analysis is generated from publicly available financial data. Not financial advice.
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.
Visit Website →NiSource Inc
UTILITIES · UTILITIES - REGULATED GAS · USA
NiSource Inc. is one of the largest fully regulated utility companies in the United States. The company is based in Merrillville, Indiana.
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