ENEL SPA (ENL.DE) Stock Fundamental Analysis
FRA:ENL • IT0003128367
9 EUR
+0.05 (+0.52%)
Last: Feb 20, 2026, 03:38 PM
We assign a fundamental rating of 5 out of 10 to ENL. ENL was compared to 27 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. Finally ENL also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
- ENL had positive earnings in the past year.
- ENL had a positive operating cash flow in the past year.
- In the past 5 years ENL has always been profitable.
- In the past 5 years ENL always reported a positive cash flow from operatings.
1.2 Ratios
- Looking at the Return On Assets, with a value of 5.59%, ENL is in the better half of the industry, outperforming 74.07% of the companies in the same industry.
- ENL has a better Return On Equity (29.11%) than 92.59% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 9.13%, ENL belongs to the top of the industry, outperforming 81.48% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for ENL is in line with the industry average of 6.49%.
- The 3 year average ROIC (5.54%) for ENL is below the current ROIC(9.13%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.59% | ||
| ROE | 29.11% | ||
| ROIC | 9.13% |
ROA(3y)2.09%
ROA(5y)1.88%
ROE(3y)12.5%
ROE(5y)11.49%
ROIC(3y)5.54%
ROIC(5y)4.95%
1.3 Margins
- Looking at the Profit Margin, with a value of 8.49%, ENL is doing worse than 66.67% of the companies in the same industry.
- ENL's Profit Margin has improved in the last couple of years.
- ENL has a Operating Margin of 15.91%. This is in the lower half of the industry: ENL underperforms 62.96% of its industry peers.
- ENL's Operating Margin has improved in the last couple of years.
- ENL has a Gross Margin of 57.91%. This is comparable to the rest of the industry: ENL outperforms 51.85% of its industry peers.
- ENL's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.91% | ||
| PM (TTM) | 8.49% | ||
| GM | 57.91% |
OM growth 3Y33.08%
OM growth 5Y4.17%
PM growth 3Y34.59%
PM growth 5Y27.56%
GM growth 3Y11.91%
GM growth 5Y1.22%
2. Health
2.1 Basic Checks
- ENL has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
- ENL has about the same amout of shares outstanding than it did 1 year ago.
- ENL has about the same amout of shares outstanding than it did 5 years ago.
- The debt/assets ratio for ENL has been reduced compared to a year ago.
2.2 Solvency
- ENL has an Altman-Z score of 1.47. This is a bad value and indicates that ENL is not financially healthy and even has some risk of bankruptcy.
- ENL's Altman-Z score of 1.47 is fine compared to the rest of the industry. ENL outperforms 62.96% of its industry peers.
- The Debt to FCF ratio of ENL is 17.81, which is on the high side as it means it would take ENL, 17.81 years of fcf income to pay off all of its debts.
- With a decent Debt to FCF ratio value of 17.81, ENL is doing good in the industry, outperforming 74.07% of the companies in the same industry.
- A Debt/Equity ratio of 1.69 is on the high side and indicates that ENL has dependencies on debt financing.
- With a Debt to Equity ratio value of 1.69, ENL is not doing good in the industry: 62.96% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.69 | ||
| Debt/FCF | 17.81 | ||
| Altman-Z | 1.47 |
ROIC/WACC1.37
WACC6.67%
2.3 Liquidity
- A Current Ratio of 0.79 indicates that ENL may have some problems paying its short term obligations.
- ENL's Current ratio of 0.79 is on the low side compared to the rest of the industry. ENL is outperformed by 62.96% of its industry peers.
- A Quick Ratio of 0.71 indicates that ENL may have some problems paying its short term obligations.
- ENL's Quick ratio of 0.71 is in line compared to the rest of the industry. ENL outperforms 40.74% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.79 | ||
| Quick Ratio | 0.71 |
3. Growth
3.1 Past
- ENL shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -3.86%.
- ENL shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 8.23% yearly.
- Looking at the last year, ENL shows a very negative growth in Revenue. The Revenue has decreased by -20.42% in the last year.
- Measured over the past years, ENL shows a decrease in Revenue. The Revenue has been decreasing by -0.91% on average per year.
EPS 1Y (TTM)-3.86%
EPS 3Y8.82%
EPS 5Y8.23%
EPS Q2Q%0%
Revenue 1Y (TTM)-20.42%
Revenue growth 3Y-3.36%
Revenue growth 5Y-0.91%
Sales Q2Q%-11.02%
3.2 Future
- ENL is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 2.06% yearly.
- The Revenue is expected to grow by 1.88% on average over the next years.
EPS Next Y3.02%
EPS Next 2Y3.39%
EPS Next 3Y3.37%
EPS Next 5Y2.06%
Revenue Next Year-10.94%
Revenue Next 2Y-5.54%
Revenue Next 3Y-2.56%
Revenue Next 5Y1.88%
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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 13.43, which indicates a correct valuation of ENL.
- Based on the Price/Earnings ratio, ENL is valued cheaper than 81.48% of the companies in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 27.09, ENL is valued rather cheaply.
- The Price/Forward Earnings ratio is 12.33, which indicates a correct valuation of ENL.
- ENL's Price/Forward Earnings ratio is rather cheap when compared to the industry. ENL is cheaper than 88.89% of the companies in the same industry.
- ENL's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.98.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.43 | ||
| Fwd PE | 12.33 |
4.2 Price Multiples
- 88.89% of the companies in the same industry are more expensive than ENL, based on the Enterprise Value to EBITDA ratio.
- 81.48% of the companies in the same industry are more expensive than ENL, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.78 | ||
| EV/EBITDA | 5.48 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
- The decent profitability rating of ENL may justify a higher PE ratio.
PEG (NY)4.45
PEG (5Y)1.63
EPS Next 2Y3.39%
EPS Next 3Y3.37%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 4.90%, ENL is a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 3.11, ENL pays a better dividend. On top of this ENL pays more dividend than 85.19% of the companies listed in the same industry.
- ENL's Dividend Yield is rather good when compared to the S&P500 average which is at 1.85.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.9% |
5.2 History
- The dividend of ENL has a limited annual growth rate of 5.33%.
Dividend Growth(5Y)5.33%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
- 52.39% of the earnings are spent on dividend by ENL. This is a bit on the high side, but may be sustainable.
- ENL's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP52.39%
EPS Next 2Y3.39%
EPS Next 3Y3.37%
FRA:ENL (2/20/2026, 3:38:14 PM)
9
+0.05 (+0.52%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)02-05 2026-02-05/amc
Earnings (Next)05-07 2026-05-07
Inst Owners29.35%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap91.50B
Revenue(TTM)73.91B
Net Income(TTM)10.03B
Analysts75.76
Price Target9.59 (6.56%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.9% |
Yearly Dividend0.5
Dividend Growth(5Y)5.33%
DP52.39%
Div Incr Years3
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.07%
Min EPS beat(2)-7.1%
Max EPS beat(2)6.95%
EPS beat(4)3
Avg EPS beat(4)3.6%
Min EPS beat(4)-7.1%
Max EPS beat(4)13.49%
EPS beat(8)4
Avg EPS beat(8)-2.85%
EPS beat(12)6
Avg EPS beat(12)37.83%
EPS beat(16)7
Avg EPS beat(16)25.14%
Revenue beat(2)1
Avg Revenue beat(2)-1.62%
Min Revenue beat(2)-13.98%
Max Revenue beat(2)10.73%
Revenue beat(4)1
Avg Revenue beat(4)-13.14%
Min Revenue beat(4)-46.57%
Max Revenue beat(4)10.73%
Revenue beat(8)1
Avg Revenue beat(8)-22.78%
Revenue beat(12)5
Avg Revenue beat(12)28.36%
Revenue beat(16)9
Avg Revenue beat(16)52.71%
PT rev (1m)1.41%
PT rev (3m)9.79%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0.28%
EPS NY rev (3m)0.79%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.81%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.43 | ||
| Fwd PE | 12.33 | ||
| P/S | 0.77 | ||
| P/FCF | 24.78 | ||
| P/OCF | 7.08 | ||
| P/B | 2.66 | ||
| P/tB | 14.85 | ||
| EV/EBITDA | 5.48 |
EPS(TTM)0.67
EY7.44%
EPS(NY)0.73
Fwd EY8.11%
FCF(TTM)0.36
FCFY4.04%
OCF(TTM)1.27
OCFY14.12%
SpS11.63
BVpS3.39
TBVpS0.61
PEG (NY)4.45
PEG (5Y)1.63
Graham Number7.15
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.59% | ||
| ROE | 29.11% | ||
| ROCE | 13.99% | ||
| ROIC | 9.13% | ||
| ROICexc | 9.69% | ||
| ROICexgc | 12.45% | ||
| OM | 15.91% | ||
| PM (TTM) | 8.49% | ||
| GM | 57.91% | ||
| FCFM | 3.12% |
ROA(3y)2.09%
ROA(5y)1.88%
ROE(3y)12.5%
ROE(5y)11.49%
ROIC(3y)5.54%
ROIC(5y)4.95%
ROICexc(3y)6.14%
ROICexc(5y)5.49%
ROICexgc(3y)7.92%
ROICexgc(5y)7.19%
ROCE(3y)8.82%
ROCE(5y)7.93%
ROICexgc growth 3Y26.67%
ROICexgc growth 5Y0.76%
ROICexc growth 3Y28.19%
ROICexc growth 5Y2.12%
OM growth 3Y33.08%
OM growth 5Y4.17%
PM growth 3Y34.59%
PM growth 5Y27.56%
GM growth 3Y11.91%
GM growth 5Y1.22%
F-Score6
Asset Turnover0.66
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.69 | ||
| Debt/FCF | 17.81 | ||
| Debt/EBITDA | 2.22 | ||
| Cap/Depr | 124.52% | ||
| Cap/Sales | 7.8% | ||
| Interest Coverage | 3.82 | ||
| Cash Conversion | 49.27% | ||
| Profit Quality | 36.81% | ||
| Current Ratio | 0.79 | ||
| Quick Ratio | 0.71 | ||
| Altman-Z | 1.47 |
F-Score6
WACC6.67%
ROIC/WACC1.37
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)-3.86%
EPS 3Y8.82%
EPS 5Y8.23%
EPS Q2Q%0%
EPS Next Y3.02%
EPS Next 2Y3.39%
EPS Next 3Y3.37%
EPS Next 5Y2.06%
Revenue 1Y (TTM)-20.42%
Revenue growth 3Y-3.36%
Revenue growth 5Y-0.91%
Sales Q2Q%-11.02%
Revenue Next Year-10.94%
Revenue Next 2Y-5.54%
Revenue Next 3Y-2.56%
Revenue Next 5Y1.88%
EBIT growth 1Y-20.19%
EBIT growth 3Y28.61%
EBIT growth 5Y3.23%
EBIT Next Year50.88%
EBIT Next 3Y16.95%
EBIT Next 5Y10.33%
FCF growth 1Y472.65%
FCF growth 3YN/A
FCF growth 5Y8.94%
OCF growth 1Y0.23%
OCF growth 3Y10.07%
OCF growth 5Y3.28%
ENEL SPA / ENL.DE FAQ
What is the fundamental rating for ENL stock?
ChartMill assigns a fundamental rating of 5 / 10 to ENL.DE.
What is the valuation status of ENEL SPA (ENL.DE) stock?
ChartMill assigns a valuation rating of 7 / 10 to ENEL SPA (ENL.DE). This can be considered as Undervalued.
What is the profitability of ENL stock?
ENEL SPA (ENL.DE) has a profitability rating of 7 / 10.
How financially healthy is ENEL SPA?
The financial health rating of ENEL SPA (ENL.DE) is 3 / 10.
What is the expected EPS growth for ENEL SPA (ENL.DE) stock?
The Earnings per Share (EPS) of ENEL SPA (ENL.DE) is expected to grow by 3.02% in the next year.