WallStSmart

Kenon Holdings (KEN)vsVistra Corp. (VST)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Vistra Corp. generates 1515% more annual revenue ($19.21B vs $1.19B). VST leads profitability with a 11.6% profit margin vs 10.0%. VST trades at a lower P/E of 24.8x. VST earns a higher WallStSmart Score of 54/100 (C-).

KEN

Buy

54

out of 100

Grade: C-

Growth: 9.3Profit: 5.0Value: 4.3Quality: 5.5
Piotroski: 2/9Altman Z: 1.88

VST

Buy

54

out of 100

Grade: C-

Growth: 2.0Profit: 7.0Value: 7.0Quality: 2.5
Piotroski: 2/9Altman Z: 0.60
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

KENSignificantly Overvalued (-35.4%)

Margin of Safety

-35.4%

Fair Value

$56.34

Current Price

$65.38

$9.04 premium

UndervaluedFair: $56.34Overvalued

Intrinsic value data unavailable for VST.

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

KEN3 strengths · Avg: 9.3/10
Revenue GrowthGrowth
93.4%10/10

Revenue surging 93.4% year-over-year

EPS GrowthGrowth
803.0%10/10

Earnings expanding 803.0% YoY

Price/BookValuation
2.3x8/10

Reasonable price relative to book value

VST2 strengths · Avg: 10.0/10
PEG RatioValuation
0.3810/10

Growing faster than its price suggests

Return on EquityProfitability
40.5%10/10

Every $100 of equity generates 40 in profit

Areas to Watch

KEN4 concerns · Avg: 3.5/10
P/E RatioValuation
30.0x4/10

Moderate valuation

Altman Z-ScoreHealth
1.884/10

Grey zone — moderate risk

Return on EquityProfitability
4.2%3/10

ROE of 4.2% — below average capital efficiency

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

VST4 concerns · Avg: 2.8/10
Price/BookValuation
15.7x4/10

Trading at 15.7x book value

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

Revenue GrowthGrowth
-5.5%2/10

Revenue declined 5.5%

EPS GrowthGrowth
-6.2%2/10

Earnings declined 6.2%

Comparative Analysis Report

WallStSmart Research

Bull Case : KEN

The strongest argument for KEN centers on Revenue Growth, EPS Growth, Price/Book. Revenue growth of 93.4% demonstrates continued momentum.

Bull Case : VST

The strongest argument for VST centers on PEG Ratio, Return on Equity. PEG of 0.38 suggests the stock is reasonably priced for its growth.

Bear Case : KEN

The primary concerns for KEN are P/E Ratio, Altman Z-Score, Return on Equity. Debt-to-equity of 2.02 is elevated, increasing financial risk.

Bear Case : VST

The primary concerns for VST are Price/Book, Piotroski F-Score, Revenue Growth. Debt-to-equity of 3.63 is elevated, increasing financial risk.

Key Dynamics to Monitor

KEN profiles as a growth stock while VST is a declining play — different risk/reward profiles.

VST carries more volatility with a beta of 1.41 — expect wider price swings.

KEN is growing revenue faster at 93.4% — sustainability is the question.

VST generates stronger free cash flow (133M), providing more financial flexibility.

Bottom Line

KEN scores higher overall (54/100 vs 54/100) and 93.4% revenue growth. Both earn "Buy" and "Buy" 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.

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Vistra Corp.

UTILITIES · UTILITIES - INDEPENDENT POWER PRODUCERS · USA

Vistra Corp. The company is headquartered in Irving, Texas.

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