ENEL SPA (ENL.DE) Stock Fundamental Analysis
FRA:ENL - Deutsche Boerse Ag - IT0003128367 - Common Stock - Currency: EUR
Taking everything into account, ENL scores 5 out of 10 in our fundamental rating. ENL was compared to 16 industry peers in the Electric Utilities industry. ENL scores excellent on profitability, but there are concerns on its financial health. ENL is cheap, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year ENL was profitable.
ENL had a positive operating cash flow in the past year.
In the past 5 years ENL has always been profitable.
Each year in the past 5 years ENL had a positive operating cash flow.
1.2 Ratios
ENL has a Return On Assets of 4.55%. This is in the better half of the industry: ENL outperforms 66.67% of its industry peers.
Looking at the Return On Equity, with a value of 25.66%, ENL belongs to the top of the industry, outperforming 93.33% of the companies in the same industry.
ENL has a Return On Invested Capital of 9.93%. This is in the better half of the industry: ENL outperforms 73.33% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ENL is significantly below the industry average of 9.28%.
The 3 year average ROIC (4.10%) for ENL is below the current ROIC(9.93%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.55% | ||
| ROE | 25.66% | ||
| ROIC | 9.93% |
ROA(3y)1.36%
ROA(5y)1.39%
ROE(3y)9.15%
ROE(5y)8.76%
ROIC(3y)4.1%
ROIC(5y)4.45%
1.3 Margins
ENL has a Profit Margin of 6.94%. This is comparable to the rest of the industry: ENL outperforms 53.33% of its industry peers.
In the last couple of years the Profit Margin of ENL has declined.
ENL's Operating Margin of 18.70% is fine compared to the rest of the industry. ENL outperforms 66.67% of its industry peers.
In the last couple of years the Operating Margin of ENL has grown nicely.
With an excellent Gross Margin value of 63.86%, ENL belongs to the best of the industry, outperforming 86.67% of the companies in the same industry.
ENL's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.7% | ||
| PM (TTM) | 6.94% | ||
| GM | 63.86% |
OM growth 3Y0.38%
OM growth 5Y5.46%
PM growth 3Y-3.36%
PM growth 5Y-10.81%
GM growth 3Y-5.21%
GM growth 5Y-0.3%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), ENL is creating some value.
ENL has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for ENL remains at a similar level compared to 5 years ago.
ENL has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.42, we must say that ENL is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of ENL (1.42) is comparable to the rest of the industry.
ENL has a debt to FCF ratio of 25.19. This is a negative value and a sign of low solvency as ENL would need 25.19 years to pay back of all of its debts.
ENL has a Debt to FCF ratio of 25.19. This is comparable to the rest of the industry: ENL outperforms 46.67% of its industry peers.
ENL has a Debt/Equity ratio of 1.97. This is a high value indicating a heavy dependency on external financing.
ENL has a worse Debt to Equity ratio (1.97) than 73.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.97 | ||
| Debt/FCF | 25.19 | ||
| Altman-Z | 1.42 |
ROIC/WACC1.67
WACC5.93%
2.3 Liquidity
A Current Ratio of 0.88 indicates that ENL may have some problems paying its short term obligations.
ENL has a worse Current ratio (0.88) than 60.00% of its industry peers.
ENL has a Quick Ratio of 0.88. This is a bad value and indicates that ENL is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.80, ENL is not doing good in the industry: 60.00% 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
The Earnings Per Share has been growing slightly by 7.69% over the past year.
The Earnings Per Share has been growing slightly by 3.19% on average over the past years.
The Revenue for ENL has decreased by -47.54% in the past year. This is quite bad
ENL shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.92% yearly.
EPS 1Y (TTM)7.69%
EPS 3Y8.72%
EPS 5Y3.19%
EPS Q2Q%5.88%
Revenue 1Y (TTM)-47.54%
Revenue growth 3Y13.43%
Revenue growth 5Y4.92%
Sales Q2Q%-9.31%
3.2 Future
ENL is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 5.68% yearly.
Based on estimates for the next years, ENL will show a decrease in Revenue. The Revenue will decrease by -3.38% on average per year.
EPS Next Y24.96%
EPS Next 2Y12.14%
EPS Next 3Y8.7%
EPS Next 5Y5.68%
Revenue Next Year-26.39%
Revenue Next 2Y-13.53%
Revenue Next 3Y-8.98%
Revenue Next 5Y-3.38%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 9.89 indicates a reasonable valuation of ENL.
Based on the Price/Earnings ratio, ENL is valued cheaply inside the industry as 93.33% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 28.47, ENL is valued rather cheaply.
A Price/Forward Earnings ratio of 10.01 indicates a reasonable valuation of ENL.
ENL's Price/Forward Earnings ratio is rather cheap when compared to the industry. ENL is cheaper than 93.33% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 92.74. ENL is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.89 | ||
| Fwd PE | 10.01 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ENL indicates a rather cheap valuation: ENL is cheaper than 86.67% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, ENL is valued a bit cheaper than the industry average as 66.67% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.59 | ||
| EV/EBITDA | 3.88 |
4.3 Compensation for Growth
ENL's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of ENL may justify a higher PE ratio.
PEG (NY)0.4
PEG (5Y)3.1
EPS Next 2Y12.14%
EPS Next 3Y8.7%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.26%, ENL is a good candidate for dividend investing.
ENL's Dividend Yield is a higher than the industry average which is at 4.37.
ENL's Dividend Yield is rather good when compared to the S&P500 average which is at 2.28.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.26% |
5.2 History
The dividend of ENL is nicely growing with an annual growth rate of 8.33%!
Dividend Growth(5Y)8.33%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
61.35% of the earnings are spent on dividend by ENL. This is not a sustainable payout ratio.
ENL's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP61.35%
EPS Next 2Y12.14%
EPS Next 3Y8.7%
ENEL SPA
FRA:ENL (2/5/2025, 10:52:20 AM)
6.92
+0.02 (+0.29%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)
Earnings (Next)
Inst Owners31.73%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap70.35B
Analysts83.75
Price Target8.1 (17.05%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.26% |
Yearly Dividend0.51
Dividend Growth(5Y)8.33%
DP61.35%
Div Incr Years2
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)4.48%
Min EPS beat(2)-9.58%
Max EPS beat(2)18.55%
EPS beat(4)1
Avg EPS beat(4)-9.3%
Min EPS beat(4)-35.02%
Max EPS beat(4)18.55%
EPS beat(8)3
Avg EPS beat(8)54.95%
EPS beat(12)4
Avg EPS beat(12)32.33%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-23.29%
Min Revenue beat(2)-27.13%
Max Revenue beat(2)-19.46%
Revenue beat(4)0
Avg Revenue beat(4)-32.43%
Min Revenue beat(4)-70.67%
Max Revenue beat(4)-12.45%
Revenue beat(8)4
Avg Revenue beat(8)88.77%
Revenue beat(12)8
Avg Revenue beat(12)93.28%
Revenue beat(16)11
Avg Revenue beat(16)77.21%
PT rev (1m)-0.23%
PT rev (3m)1.37%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0.97%
EPS NY rev (1m)-0.09%
EPS NY rev (3m)-0.09%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)-5.83%
Revenue NY rev (3m)-5.83%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.89 | ||
| Fwd PE | 10.01 | ||
| P/S | 0.56 | ||
| P/FCF | 23.59 | ||
| P/OCF | 4.74 | ||
| P/B | 2.07 | ||
| P/tB | 15.3 | ||
| EV/EBITDA | 3.88 |
EPS(TTM)0.7
EY10.12%
EPS(NY)0.69
Fwd EY9.99%
FCF(TTM)0.29
FCFY4.24%
OCF(TTM)1.46
OCFY21.08%
SpS12.39
BVpS3.35
TBVpS0.45
PEG (NY)0.4
PEG (5Y)3.1
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.55% | ||
| ROE | 25.66% | ||
| ROCE | 16.71% | ||
| ROIC | 9.93% | ||
| ROICexc | 11% | ||
| ROICexgc | 14.21% | ||
| OM | 18.7% | ||
| PM (TTM) | 6.94% | ||
| GM | 63.86% | ||
| FCFM | 2.37% |
ROA(3y)1.36%
ROA(5y)1.39%
ROE(3y)9.15%
ROE(5y)8.76%
ROIC(3y)4.1%
ROIC(5y)4.45%
ROICexc(3y)4.59%
ROICexc(5y)4.95%
ROICexgc(3y)5.97%
ROICexgc(5y)6.6%
ROCE(3y)7.2%
ROCE(5y)7.73%
ROICexcg growth 3Y7.72%
ROICexcg growth 5Y6.35%
ROICexc growth 3Y9.6%
ROICexc growth 5Y7.99%
OM growth 3Y0.38%
OM growth 5Y5.46%
PM growth 3Y-3.36%
PM growth 5Y-10.81%
GM growth 3Y-5.21%
GM growth 5Y-0.3%
F-Score6
Asset Turnover0.66
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.97 | ||
| Debt/FCF | 25.19 | ||
| Debt/EBITDA | 2.1 | ||
| Cap/Depr | 142.01% | ||
| Cap/Sales | 9.4% | ||
| Interest Coverage | 4.3 | ||
| Cash Conversion | 46.48% | ||
| Profit Quality | 34.12% | ||
| Current Ratio | 0.88 | ||
| Quick Ratio | 0.8 | ||
| Altman-Z | 1.42 |
F-Score6
WACC5.93%
ROIC/WACC1.67
Cap/Depr(3y)147.23%
Cap/Depr(5y)134.12%
Cap/Sales(3y)12.8%
Cap/Sales(5y)13.08%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)7.69%
EPS 3Y8.72%
EPS 5Y3.19%
EPS Q2Q%5.88%
EPS Next Y24.96%
EPS Next 2Y12.14%
EPS Next 3Y8.7%
EPS Next 5Y5.68%
Revenue 1Y (TTM)-47.54%
Revenue growth 3Y13.43%
Revenue growth 5Y4.92%
Sales Q2Q%-9.31%
Revenue Next Year-26.39%
Revenue Next 2Y-13.53%
Revenue Next 3Y-8.98%
Revenue Next 5Y-3.38%
EBIT growth 1Y15.84%
EBIT growth 3Y13.86%
EBIT growth 5Y10.66%
EBIT Next Year61.23%
EBIT Next 3Y18.14%
EBIT Next 5Y11.27%
FCF growth 1Y159.87%
FCF growth 3Y-1.87%
FCF growth 5Y-8.04%
OCF growth 1Y84.06%
OCF growth 3Y8.31%
OCF growth 5Y5.71%