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 15 industry peers in the Electric Utilities industry. ENL has an excellent profitability rating, but there are concerns on its financial health. ENL is valued quite cheap, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year ENL was profitable.
ENL had a positive operating cash flow in the past year.
Each year in the past 5 years ENL has been profitable.
Each year in the past 5 years ENL had a positive operating cash flow.
1.2 Ratios
ENL has a better Return On Assets (4.55%) than 62.50% of its industry peers.
With an excellent Return On Equity value of 25.66%, ENL belongs to the best of the industry, outperforming 87.50% of the companies in the same industry.
ENL's Return On Invested Capital of 9.93% is fine compared to the rest of the industry. ENL outperforms 75.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ENL is below the industry average of 8.70%.
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
The Profit Margin of ENL (6.94%) is comparable to the rest of the industry.
In the last couple of years the Profit Margin of ENL has declined.
ENL has a Operating Margin of 18.70%. This is comparable to the rest of the industry: ENL outperforms 56.25% of its industry peers.
ENL's Operating Margin has improved in the last couple of years.
ENL has a better Gross Margin (63.86%) than 87.50% of its industry peers.
In the last couple of years the Gross Margin of ENL has remained more or less at the same level.
| 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
ENL has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for ENL remains at a similar level compared to 1 year ago.
Compared to 5 years ago, ENL has about the same amount of shares outstanding.
Compared to 1 year ago, ENL has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.41, we must say that ENL is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.41, ENL is in the better half of the industry, outperforming 62.50% of the companies in the same 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.
Looking at the Debt to FCF ratio, with a value of 25.19, ENL is in the better half of the industry, outperforming 62.50% of the companies in the same industry.
A Debt/Equity ratio of 1.97 is on the high side and indicates that ENL has dependencies on debt financing.
With a Debt to Equity ratio value of 1.97, ENL is not doing good in the industry: 68.75% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.97 | ||
| Debt/FCF | 25.19 | ||
| Altman-Z | 1.41 |
ROIC/WACC1.63
WACC6.08%
2.3 Liquidity
A Current Ratio of 0.88 indicates that ENL may have some problems paying its short term obligations.
ENL's Current ratio of 0.88 is in line compared to the rest of the industry. ENL outperforms 43.75% of its industry peers.
A Quick Ratio of 0.80 indicates that ENL may have some problems paying its short term obligations.
ENL's Quick ratio of 0.80 is on the low side compared to the rest of the industry. ENL is outperformed by 62.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.88 | ||
| Quick Ratio | 0.8 |
3. Growth
3.1 Past
ENL shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 7.69%.
ENL shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 3.19% yearly.
ENL shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -47.54%.
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
The Earnings Per Share is expected to grow by 5.68% on average over the next years.
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 Y24.84%
EPS Next 2Y12.18%
EPS Next 3Y8.82%
EPS Next 5Y5.68%
Revenue Next Year-26.58%
Revenue Next 2Y-13.68%
Revenue Next 3Y-9.02%
Revenue Next 5Y-3.38%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better 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
The Price/Earnings ratio is 9.70, which indicates a very decent valuation of ENL.
ENL's Price/Earnings ratio is rather cheap when compared to the industry. ENL is cheaper than 81.25% of the companies in the same industry.
ENL is valuated cheaply when we compare the Price/Earnings ratio to 29.35, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 9.81, the valuation of ENL can be described as very reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ENL indicates a rather cheap valuation: ENL is cheaper than 93.75% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.10, ENL is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.7 | ||
| Fwd PE | 9.81 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ENL is valued cheaper than 87.50% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ENL indicates a rather cheap valuation: ENL is cheaper than 81.25% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.14 | ||
| EV/EBITDA | 3.84 |
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.
ENL has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)0.39
PEG (5Y)3.04
EPS Next 2Y12.18%
EPS Next 3Y8.82%
5. Dividend
5.1 Amount
ENL has a Yearly Dividend Yield of 6.47%, which is a nice return.
ENL's Dividend Yield is a higher than the industry average which is at 4.71.
Compared to an average S&P500 Dividend Yield of 2.33, ENL pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.47% |
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
ENL pays out 61.35% of its income as dividend. 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 2Y12.18%
EPS Next 3Y8.82%
FRA:ENL (3/7/2025, 7:00:00 PM)
6.787
+0.14 (+2.11%)
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 Cap69.00B
Analysts83.64
Price Target8.11 (19.49%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.47% |
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)0.1%
PT rev (3m)1.47%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)-0.1%
EPS NY rev (3m)-0.19%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)-0.25%
Revenue NY rev (3m)-6.07%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.7 | ||
| Fwd PE | 9.81 | ||
| P/S | 0.55 | ||
| P/FCF | 23.14 | ||
| P/OCF | 4.65 | ||
| P/B | 2.03 | ||
| P/tB | 15 | ||
| EV/EBITDA | 3.84 |
EPS(TTM)0.7
EY10.31%
EPS(NY)0.69
Fwd EY10.2%
FCF(TTM)0.29
FCFY4.32%
OCF(TTM)1.46
OCFY21.49%
SpS12.39
BVpS3.35
TBVpS0.45
PEG (NY)0.39
PEG (5Y)3.04
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 | 1.41 |
F-Score6
WACC6.08%
ROIC/WACC1.63
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 Y24.84%
EPS Next 2Y12.18%
EPS Next 3Y8.82%
EPS Next 5Y5.68%
Revenue 1Y (TTM)-47.54%
Revenue growth 3Y13.43%
Revenue growth 5Y4.92%
Sales Q2Q%-9.31%
Revenue Next Year-26.58%
Revenue Next 2Y-13.68%
Revenue Next 3Y-9.02%
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%