Is KEN or NRG more undervalued in 2026?

CirclFi compares Kenon Holdings Ltd. (KEN) and NRG Energy, Inc. (NRG) using 13 institutional-grade valuation models. KEN has a Quality of Company score of 1.8/10 while NRG scores 7.9/10.

Which is a better buy — KEN or NRG?

Compare intrinsic values from 13 independent models against current market prices. CirclFi also calculates Value Trap scores. This is not financial advice — conduct your own analysis.

How do KEN and NRG valuations compare?

KEN at $90.77 and NRG at $134.08 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

KEN vs NRG Valuation Comparison 2026 — Intrinsic Value Analysis

KEN

Electric Services

Kenon Holdings Ltd.

Quality

1.8

out of 10

Value Trap

—

Price

$90.77

Last close

Models

13/13

Active

NRG

Electric Services

NRG Energy, Inc.

Quality

7.9

out of 10

Value Trap

LOW

Price

$134.08

Last close

Models

11/13

Active

Model-by-Model Comparison

Model	Type	KEN Fair Value	KEN Upside	NRG Fair Value	NRG Upside
Bayesian DCF	Intrinsic	$24.96	-72.5%	$4.24	-97.2%
Earnings Power Value	Intrinsic	$46.33	-43.3%	$10.76	-92.0%
EROIC Spread	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
First Chicago	Scenario	$•••.••	••.•%	$•••.••	••.•%
Markov DDM	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
ML-RIV	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
Dynamic NAV	Asset-Based	$•••.••	••.•%	$•••.••	••.•%
PWERM	Option-Based	$•••.••	••.•%	$•••.••	••.•%
Regime Cross-Sectional	Relative	$•••.••	••.•%	$•••.••	••.•%
Sentiment SOTP	Hybrid	$•••.••	••.•%	$•••.••	••.•%
CUCE Ensemble	Ensemble	$•••.••	••.•%	$•••.••	••.•%
FTNN Topology	Relative	$•••.••	••.•%	$•••.••	••.•%
RCMH-DCF	Intrinsic	$•••.••	••.•%	$•••.••	••.•%

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KEN vs NRG — Which Stock Is More Undervalued?

NRG scores higher with a 7.9/10 quality rating vs KEN's 1.8/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing Kenon Holdings Ltd. (KEN) and NRG Energy, Inc. (NRG) across 13 institutional-grade valuation models reveals how each company's intrinsic value stacks up against its market price. CirclFi's engine processes SEC EDGAR 10-K and 10-Q filings, FRED macroeconomic data, and GDELT news sentiment to generate independent fair value estimates daily.

KEN currently trades at $90.77 with a QOC of 1.8/10, while NRG trades at $134.08 with a QOC of 7.9/10.

Both companies are analyzed with models spanning intrinsic (Bayesian DCF, EPV), scenario-based (First Chicago), regime-switching (Markov DDM, RCMH-DCF), machine learning (ML-RIV, FTNN Topology), and ensemble methods (CUCE).