COMPARE · Data as of August 13, 2026
KEN vs VST
Verdict: Side-by-side breakdown using the Bull Rankings model. KEN scored 61.6, VST scored 73.5 — VST leads.
Compare another set
Different reporting periods. VST's fundamentals are as of June 2026, but KEN's are as of March 2026 — a 3-month gap. Growth, margin and valuation figures below therefore describe different windows and aren't strictly like-for-like.
KEN
Kenon Holdings Ltd.
61.6
$67.74 · $3.3B
fundamentals as of
Score gap
11.9
VST leads
VST
Vistra Corp.
73.5
$146.40 · $49.1B
fundamentals as of
The model, pillar by pillar (0–100 each)
KEN
stronger →← stronger
VST
57
Qualityreturns · margins · balance sheet
65
85
Growthrevenue & earnings expansion
88
48
Valuevaluation vs sector peers
70
VST is stronger on 3 of 3 pillars.
Fundamentals, head-to-head
KEN
VST
-$26mF
FCF
$2.3bB
+16.1%B+
Rev
+18.6%B+
0.74A-
D/E
3.73D
3.3xC+
P/S
—
2.59C
PEG
0.41A
—
P/E
24.7xC
Winner per row is the stronger grade in our model; a tie or a missing value shows no highlight.
Valuation · DCF cross-check
KEN
VST
—
Price vs fair valuelower is cheaper
30% above
—
Growth the price implies10-yr FCF · lower = less priced in
~21%/yr
—
1-yr DCF upside
-40%
—
5-yr DCF upside
-23%
—
10-yr DCF upside
+8%
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
Model signals
KEN
Why this score
- Cut its dividend
- Short track record
VST
No notable signals flagged.
The companies
KENKenon Holdings Ltd.
Why now
Utilities - Independent Power Producers · market cap $3.3b. Down 29% from 52-week high of $95.93 — deep drawdown territory. Revenue growing +16%, comfortably above the S&P median.
Moat
Higher-variance name — the moat signals on the quantitative card are modest, so the durability case rests on execution (turning current growth into durable earnings power) or an un-monetized asset (IP / network effects / first-mover position) rather than an entrenched competitive position.
Risk
Free cash flow is negative (-$26m) — capital raises or debt issuance likely required; dilution / leverage risk. Dividend payout 312% of earnings on a 6.0% yield — distribution coverage is thin; one earnings stumble could force a dividend cut. Trailing P/E 44x sits well above the S&P median (~20x) — multiple compression is a real risk if revenue growth decelerates.
VSTVistra Corp.
Why now
Utilities - Independent Power Producers · market cap $49.1b. Down 33% from 52-week high of $219.82 — deep drawdown territory. Revenue growing +19%, comfortably above the S&P median. PEG 0.41 — paying under fair value for the growth rate. 19 sell-side analysts rate this a Strong Buy with a mean 1-yr target of $221.74 (implying +51% upside).
Moat
ROE 40% — top-decile capital efficiency. Either pricing leverage, low capital intensity, or aggressive buybacks; the durability story depends on which. FCF converts 102% of net income — earnings translate cleanly into cash, a sign that working capital and capex are well-disciplined.
Risk
D/E 3.73 is elevated — limits strategic flexibility and raises refinancing exposure if rates stay higher for longer. Down 33% from the 52-week high — the market is pricing in something the screen can't see; verify the bear case before sizing up. Beta 1.43 implies above-market volatility — position-size to the drawdowns this name will produce in a market correction, not to its bull-case return.
Verdict — model-derived comparison
Generating verdict… typically 5–10 seconds
Not investment advice. The Bull Rankings publishes a quantitative ranking model and accompanying analysis for general informational purposes only. Nothing on this page is a recommendation to buy, sell, or hold any security; nothing is personalized to your circumstances, risk tolerance, or tax situation. Investing carries the risk of loss — invest at your own risk and consider consulting a licensed financial professional before acting on anything you read here. See terms and methodology for full disclosures.
Where KEN and VST diverge
On the headline score the gap is 11.9 points in favour of VST. The widest single difference is Value, where VST leads by 22.0 points.
- ValueKEN 47.8 · VST 69.8VST +22.0
- QualityKEN 57.4 · VST 64.5VST +7.1
- GrowthKEN 85.1 · VST 88.3VST +3.2
Pillars run 0–100 against sector peers, so a score is a statement about a company relative to its own industry rather than to the other name here. A wide Value gap usually means the market already prices the difference in quality or growth — which is the trade-off this comparison comes down to.