ENEL SPA (ENEL.MI) Stock Fundamental Analysis
BIT:ENEL - Euronext Milan - IT0003128367 - Common Stock - Currency: EUR
ENEL gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 17 industry peers in the Electric Utilities industry. While ENEL has a great profitability rating, there are quite some concerns on its financial health. ENEL has a valuation in line with the averages, but it does not seem to be growing. ENEL also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year ENEL was profitable.
ENEL had a positive operating cash flow in the past year.
In the past 5 years ENEL has always been profitable.
ENEL had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
ENEL's Return On Assets of 5.55% is in line compared to the rest of the industry. ENEL outperforms 52.94% of its industry peers.
Looking at the Return On Equity, with a value of 31.33%, ENEL belongs to the top of the industry, outperforming 82.35% of the companies in the same industry.
ENEL has a Return On Invested Capital of 10.00%. This is comparable to the rest of the industry: ENEL outperforms 58.82% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.55% | ||
| ROE | 31.33% | ||
| ROIC | 10% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
ENEL's Profit Margin of 9.51% is in line compared to the rest of the industry. ENEL outperforms 58.82% of its industry peers.
ENEL's Profit Margin has improved in the last couple of years.
ENEL's Operating Margin of 19.57% is fine compared to the rest of the industry. ENEL outperforms 64.71% of its industry peers.
In the last couple of years the Operating Margin of ENEL has grown nicely.
ENEL has a better Gross Margin (64.11%) than 82.35% of its industry peers.
In the last couple of years the Gross Margin of ENEL has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 19.57% | ||
| PM (TTM) | 9.51% | ||
| GM | 64.11% |
OM growth 3Y39.11%
OM growth 5Y6.98%
PM growth 3Y34.59%
PM growth 5Y27.56%
GM growth 3Y13.69%
GM growth 5Y2.18%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), ENEL is creating some value.
ENEL has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
ENEL has an Altman-Z score of 1.34. This is a bad value and indicates that ENEL is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 1.34, ENEL perfoms like the industry average, outperforming 41.18% of the companies in the same industry.
The Debt to FCF ratio of ENEL is 24.57, which is on the high side as it means it would take ENEL, 24.57 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 24.57, ENEL perfoms like the industry average, outperforming 52.94% of the companies in the same industry.
A Debt/Equity ratio of 1.97 is on the high side and indicates that ENEL has dependencies on debt financing.
The Debt to Equity ratio of ENEL (1.97) is worse than 76.47% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.97 | ||
| Debt/FCF | 24.57 | ||
| Altman-Z | 1.34 |
ROIC/WACC1.14
WACC8.78%
2.3 Liquidity
A Current Ratio of 0.88 indicates that ENEL may have some problems paying its short term obligations.
With a Current ratio value of 0.88, ENEL is not doing good in the industry: 64.71% of the companies in the same industry are doing better.
A Quick Ratio of 0.80 indicates that ENEL may have some problems paying its short term obligations.
With a Quick ratio value of 0.80, ENEL is not doing good in the industry: 70.59% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.88 | ||
| Quick Ratio | 0.8 |
3. Growth
3.1 Past
ENEL shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 24.18%, which is quite impressive.
Measured over the past years, ENEL shows a quite strong growth in Earnings Per Share. The EPS has been growing by 8.23% on average per year.
The Revenue for ENEL has decreased by -21.34% in the past year. This is quite bad
The Revenue has been decreasing by -0.91% on average over the past years.
EPS 1Y (TTM)24.18%
EPS 3Y8.82%
EPS 5Y8.23%
EPS Q2Q%-12.14%
Revenue 1Y (TTM)-21.34%
Revenue growth 3Y-3.36%
Revenue growth 5Y-0.91%
Sales Q2Q%-18.12%
3.2 Future
The Earnings Per Share is expected to grow by 0.96% on average over the next years.
ENEL is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -1.64% yearly.
EPS Next Y1.37%
EPS Next 2Y1.76%
EPS Next 3Y2.16%
EPS Next 5Y0.96%
Revenue Next Year1.47%
Revenue Next 2Y1.27%
Revenue Next 3Y2.02%
Revenue Next 5Y-1.64%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 10.98 indicates a reasonable valuation of ENEL.
ENEL's Price/Earnings ratio is rather cheap when compared to the industry. ENEL is cheaper than 82.35% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 28.64, ENEL is valued rather cheaply.
The Price/Forward Earnings ratio is 10.79, which indicates a very decent valuation of ENEL.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ENEL indicates a rather cheap valuation: ENEL is cheaper than 88.24% of the companies listed in the same industry.
ENEL's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 21.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.98 | ||
| Fwd PE | 10.79 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ENEL indicates a somewhat cheap valuation: ENEL is cheaper than 70.59% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ENEL indicates a somewhat cheap valuation: ENEL is cheaper than 64.71% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.84 | ||
| EV/EBITDA | 4.43 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
ENEL has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)7.99
PEG (5Y)1.34
EPS Next 2Y1.76%
EPS Next 3Y2.16%
5. Dividend
5.1 Amount
ENEL has a Yearly Dividend Yield of 6.38%, which is a nice return.
ENEL's Dividend Yield is rather good when compared to the industry average which is at 4.51. ENEL pays more dividend than 88.24% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.52, ENEL pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.38% |
5.2 History
The dividend of ENEL is nicely growing with an annual growth rate of 8.33%!
Dividend Growth(5Y)8.33%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
48.03% of the earnings are spent on dividend by ENEL. This is a bit on the high side, but may be sustainable.
ENEL's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP48.03%
EPS Next 2Y1.76%
EPS Next 3Y2.16%
BIT:ENEL (4/24/2025, 4:26:20 PM)
7.468
+0.01 (+0.19%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)
Earnings (Next)
Inst Owners32.4%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap75.92B
Analysts83.64
Price Target8.2 (9.8%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.38% |
Yearly Dividend0.51
Dividend Growth(5Y)8.33%
DP48.03%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)7.26%
Min EPS beat(2)1.03%
Max EPS beat(2)13.49%
EPS beat(4)3
Avg EPS beat(4)5.87%
Min EPS beat(4)-9.58%
Max EPS beat(4)18.55%
EPS beat(8)4
Avg EPS beat(8)-1.61%
EPS beat(12)6
Avg EPS beat(12)35.62%
EPS beat(16)6
Avg EPS beat(16)24.75%
Revenue beat(2)0
Avg Revenue beat(2)-24.66%
Min Revenue beat(2)-46.57%
Max Revenue beat(2)-2.74%
Revenue beat(4)0
Avg Revenue beat(4)-23.98%
Min Revenue beat(4)-46.57%
Max Revenue beat(4)-2.74%
Revenue beat(8)2
Avg Revenue beat(8)-20.54%
Revenue beat(12)6
Avg Revenue beat(12)75.98%
Revenue beat(16)9
Avg Revenue beat(16)72.29%
PT rev (1m)1.1%
PT rev (3m)0.96%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0.03%
EPS NY rev (3m)0.22%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.31%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.98 | ||
| Fwd PE | 10.79 | ||
| P/S | 0.68 | ||
| P/FCF | 24.84 | ||
| P/OCF | 5.74 | ||
| P/B | 2.23 | ||
| P/tB | 16.51 | ||
| EV/EBITDA | 4.43 |
EPS(TTM)0.68
EY9.11%
EPS(NY)0.69
Fwd EY9.27%
FCF(TTM)0.3
FCFY4.03%
OCF(TTM)1.3
OCFY17.42%
SpS11.04
BVpS3.35
TBVpS0.45
PEG (NY)7.99
PEG (5Y)1.34
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.55% | ||
| ROE | 31.33% | ||
| ROCE | 15.57% | ||
| ROIC | 10% | ||
| ROICexc | 11.08% | ||
| ROICexgc | 14.31% | ||
| OM | 19.57% | ||
| PM (TTM) | 9.51% | ||
| GM | 64.11% | ||
| FCFM | 2.72% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y39.11%
OM growth 5Y6.98%
PM growth 3Y34.59%
PM growth 5Y27.56%
GM growth 3Y13.69%
GM growth 5Y2.18%
F-Score7
Asset Turnover0.58
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.97 | ||
| Debt/FCF | 24.57 | ||
| Debt/EBITDA | 2.29 | ||
| Cap/Depr | 140.24% | ||
| Cap/Sales | 9.06% | ||
| Interest Coverage | 4.16 | ||
| Cash Conversion | 45.26% | ||
| Profit Quality | 28.64% | ||
| Current Ratio | 0.88 | ||
| Quick Ratio | 0.8 | ||
| Altman-Z | 1.34 |
F-Score7
WACC8.78%
ROIC/WACC1.14
Cap/Depr(3y)147.18%
Cap/Depr(5y)143.04%
Cap/Sales(3y)12.42%
Cap/Sales(5y)13.43%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)24.18%
EPS 3Y8.82%
EPS 5Y8.23%
EPS Q2Q%-12.14%
EPS Next Y1.37%
EPS Next 2Y1.76%
EPS Next 3Y2.16%
EPS Next 5Y0.96%
Revenue 1Y (TTM)-21.34%
Revenue growth 3Y-3.36%
Revenue growth 5Y-0.91%
Sales Q2Q%-18.12%
Revenue Next Year1.47%
Revenue Next 2Y1.27%
Revenue Next 3Y2.02%
Revenue Next 5Y-1.64%
EBIT growth 1Y-1.29%
EBIT growth 3Y34.43%
EBIT growth 5Y6.01%
EBIT Next Year51.28%
EBIT Next 3Y16.9%
EBIT Next 5Y9.74%
FCF growth 1Y65.06%
FCF growth 3YN/A
FCF growth 5Y8.94%
OCF growth 1Y-9.56%
OCF growth 3Y10.07%
OCF growth 5Y3.28%