KEN
Kenon Holdings Ltd.
There isn't enough reported data to score KEN yet.
SMR
NuScale Power Corporation
SMR lost money over the past year, so it has no meaningful PE right now. Analysts expect losses to shrink.
KEN Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Stable | |
| Weak | |
| Under pressure |
KEN's revenue is currently strong, and its profitability is stable, but its cash flow and balance sheet are under pressure.
SMR Fundamentals
| Metric | Status |
|---|---|
| Weak | |
| Weak | |
| Weak | |
| Unavailable |
SMR's revenue, profitability and cash flow are currently weak. There isn't enough data to rate its balance sheet.
KEN PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 2.7x | $6.15 | -90% |
| Fair | 4.7x | $10.63 | -83% |
| Current | 28x | $62.02 | — |
| Expensive | 44x | $98.31 | +59% |
Historical ranges are pointers, not guarantees.
KEN's PE is 28x, but its earnings don't support one, so it isn't a reliable read right now.
SMR PE Valuation
SMR has no meaningful PE right now: it lost money over the past year.
KEN Forward outlook
There aren't enough analyst estimates for KEN to show an outlook.
SMR Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| -- | |
| Limited | |
| High |
Analysts expect SMR's losses to shrink, with revenue growing.
KEN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | $2.25 | -76% |
| Q1 2026 | $1.51 | -87% |
| Q4 2025 | $1.24 | -89% |
| Q3 2025 | $9.02 | +180% |
| Q2 2025 | $9.38 | +$10.77 |
| Q1 2025 | $11.41 | +$15.49 |
| Q4 2024 | $11.34 | +$15.72 |
| Q3 2024 | $3.22 | +$23.23 |
KEN has the edge over SMR on earnings quality, reporting a profit while its opponent remains loss making.
SMR Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$0.72 | +$2.14 |
| Q2 2026 | -$2.46 | -$1.27 |
| Q1 2026 | -$2.46 | -$1.09 |
| Q4 2025 | -$2.43 | -$0.96 |
| Q3 2025 | -$2.86 | -$1.91 |
| Q2 2025 | -$1.19 | -$0.16 |
| Q1 2025 | -$1.37 | -$0.52 |
| Q4 2024 | -$1.47 | -$0.67 |
SMR is still losing money, but far less than before: $0.72 per share over the past year, against $2.86 at its worst in late 2025.
KEN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $379M | +93% |
| Q1 2026 | $317M | +73% |
| Q4 2025 | $227.9M | +43% |
| Q3 2025 | $265M | +12% |
| Q2 2025 | $196M | +8.3% |
| Q1 2025 | $183M | +5.2% |
| Q4 2024 | $159.3M | +5.6% |
| Q3 2024 | $237M | +3.5% |
KEN's revenue has grown year over year every quarter since late 2020: $379M last quarter, up 93% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 15% | +16 points |
| Q1 2026 | 1.3% | -3.7 points |
| Q4 2025 | 9.4% | +13 points |
| Q3 2025 | 13% | -2.8 points |
| Q2 2025 | -1% | -6 points |
| Q1 2025 | 4.9% | +1.5 points |
| Q4 2024 | -3.5% | -9.1 points |
| Q3 2024 | 16% | +1.6 points |
KEN has the edge over SMR on profitability, with a higher operating margin.
SMR Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $281K | -97% |
| Q2 2026 | $75K | -99% |
| Q1 2026 | $565K | -96% |
| Q4 2025 | $1.8M | -95% |
| Q3 2025 | $8.2M | +1635% |
| Q2 2025 | $8.1M | +733% |
| Q1 2025 | $13.4M | +870% |
| Q4 2024 | $34.2M | +651% |
SMR's revenue has slid since its 2024 peak: $281,000 last quarter, down 97% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -23068% | -16535 points |
| Q2 2026 | -85337% | -84802 points |
| Q1 2026 | -10181% | -9917 points |
| Q4 2025 | -4022% | -3988 points |
| Q3 2025 | -6533% | +2103 points |
| Q2 2025 | -535% | +3796 points |
| Q1 2025 | -264% | +2925 points |
| Q4 2024 | -35% | +1524 points |
SMR's operating margin was −23068% last quarter, down 16535 points from the same quarter a year ago, near the bottom of its range since 2022.
KEN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$239M | -$233M |
| Q1 2026 | -$144M | -394% |
| Q4 2025 | $53.4M | +47% |
| Q3 2025 | $71M | +$133M |
| Q2 2025 | -$6M | +$45M |
| Q1 2025 | $49M | +$59M |
| Q4 2024 | $36.4M | +$158.9M |
| Q3 2024 | -$62M | -543% |
SMR has the stronger cash trend. Its trailing FCF is down 161% versus its history, compared with KEN at down 434%.
SMR Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$58.6M | -$25.3M |
| Q1 2026 | -$316.2M | -$293.3M |
| Q4 2025 | -$204.1M | -$177.6M |
| Q2 2025 | -$33.3M | +$2.7M |
| Q1 2025 | -$22.9M | +$10.6M |
| Q4 2024 | -$26.5M | +$46.8M |
| Q3 2024 | -$12.7M | +$15M |
| Q2 2024 | -$36M | +$4.5M |
SMR has burned cash in almost every quarter: −$608M over the past year, against −$95M the year before.
KEN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.8% | -953K shares |
| 1 year | +4.2% | +2.1M shares |
| 3 years | -3.3% | -1.8M shares |
| 5 years | -3.1% | -1.6M shares |
| Available history | -1.4% | -722K shares |
KEN has the edge over SMR on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | $394,000 |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | $10M |
| Q4 2024 | $8.7M |
| Q3 2024 | — |
KEN has spent almost nothing on buybacks in the past year.
SMR Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +13% | +45.9M shares |
| 1 year | +178% | +263M shares |
| 3 years | +448% | +336M shares |
SMR has 410M diluted shares, up 178% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2023 | — |
| Q3 2023 | — |
| Q2 2023 | — |
| Q1 2023 | — |
| Q4 2022 | — |
| Q3 2022 | — |
KEN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 3.8x | Elevated |
| Q1 2026 | 2.0x | Moderate |
| Q4 2025 | 1.0x | Very low |
| Q3 2025 | 1.4x | Healthy |
| Q2 2025 | 2.9x | Moderate |
| Q1 2025 | 1.0x | Very low |
| Q4 2024 | 1.0x | Very low |
| Q3 2024 | 2.3x | Moderate |
KEN's net debt is about 3.8 years of its operating earnings (EBITDA), up from 2.9 years a year ago.
SMR Net Leverage
SMR's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
KEN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 43.6 | Neutral |
| Stochastic | 26.8 | Neutral |
KEN's weekly RSI is 44 (neutral) and its Stochastic is 27 (neutral).
SMR Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 29.5 | Oversold |
| Stochastic | 8.6 | Oversold |
SMR's weekly RSI is 30 (oversold) and its Stochastic is 9 (oversold).
KEN PE vs Utilities Sector
| Metric | KEN | Sector median | Relative |
|---|---|---|---|
| PE | 28x | 20x | 35% above |
| PE % | 79 | 44 | 35 pts above |
KEN is trading at 28x earnings, a 35% premium to the Utilities sector's median of 20x, though its earnings don't support one.
SMR PE vs Utilities Sector
SMR has no meaningful PE right now: it lost money over the past year.
KEN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $61.9 | 0.2% above |
| 20 week MA | $64.9 | 4.5% below |
| 50 week MA | $72.1 | 14% below |
| 100 week MA | $55.8 | 11% above |
| 200 week MA | $40.6 | 53% above |
KEN has the edge over SMR on trend strength, trading above more of its moving averages.
SMR Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $6.26 | 23% below |
| 20 week MA | $7.88 | 39% below |
| 50 week MA | $11.4 | 58% below |
| 100 week MA | $20.2 | 76% below |
| 200 week MA | $14.4 | 67% below |
SMR is in a downtrend: it's below all five of its weekly moving averages, and 67% below its 200-week average.
KEN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $21.2 | $28.0 | +32% |
| 2021 | $28.0 | $47.1 | +68% |
| 2022 | $47.1 | $32.6 | -31% |
| 2023 | $32.6 | $24.3 | -25% |
| 2024 | $24.3 | $31.6 | +30% |
| 2025 | $31.6 | $64.3 | +104% |
| 2026 YTD | $64.3 | $62.0 | -3.5% |
KEN has the edge over SMR on returns for 2026, with the stronger performance.
SMR Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $10.1 | $10.3 | +1.2% |
| 2021 | $10.3 | $10.1 | -1.9% |
| 2022 | $10.1 | $10.1 | +0.5% |
| 2023 | $10.1 | $3.29 | -67% |
| 2024 | $3.29 | $19.5 | +493% |
| 2025 | $19.5 | $14.9 | -24% |
| 2026 YTD | $14.9 | $4.82 | -68% |
SMR's yearly returns have swung widely, from +493% in 2024 to −67% in 2023. It's down 68% so far in 2026.