ENEL SPA (ENL.DE) Stock Fundamental Analysis
Europe • Frankfurt Stock Exchange • FRA:ENL • IT0003128367
9.264 EUR
+0.01 (+0.12%)
Last: Jan 30, 2026, 11:02 AM
Overall ENL gets a fundamental rating of 5 out of 10. We evaluated ENL against 29 industry peers in the Electric Utilities industry. There are concerns on the financial health of ENL while its profitability can be described as average. ENL has a valuation in line with the averages, but it does not seem to be growing. 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.
- ENL had positive earnings in each of the past 5 years.
- ENL had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- With a decent Return On Assets value of 5.59%, ENL is doing good in the industry, outperforming 72.41% of the companies in the same industry.
- Looking at the Return On Equity, with a value of 29.11%, ENL belongs to the top of the industry, outperforming 89.66% of the companies in the same industry.
- ENL has a better Return On Invested Capital (9.13%) than 79.31% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for ENL is in line with the industry average of 6.40%.
- The last Return On Invested Capital (9.13%) for ENL is above the 3 year average (5.54%), which is a sign of increasing profitability.
| 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
- The Profit Margin of ENL (8.49%) is worse than 68.97% of its industry peers.
- 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 62.07% of its industry peers.
- In the last couple of years the Operating Margin of ENL has grown nicely.
- ENL has a Gross Margin (57.91%) which is comparable to the rest of the industry.
- 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 | 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
- With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), ENL is creating some value.
- Compared to 1 year ago, ENL has about the same amount of shares outstanding.
- Compared to 5 years ago, ENL has about the same amount of shares outstanding.
- ENL has a better debt/assets ratio than last year.
2.2 Solvency
- Based on the Altman-Z score of 1.48, we must say that ENL is in the distress zone and has some risk of bankruptcy.
- With a decent Altman-Z score value of 1.48, ENL is doing good in the industry, outperforming 68.97% of the companies in the same industry.
- ENL has a debt to FCF ratio of 17.81. This is a negative value and a sign of low solvency as ENL would need 17.81 years to pay back of all of its debts.
- Looking at the Debt to FCF ratio, with a value of 17.81, ENL is in the better half of the industry, outperforming 72.41% of the companies in the same industry.
- ENL has a Debt/Equity ratio of 1.69. This is a high value indicating a heavy dependency on external financing.
- The Debt to Equity ratio of ENL (1.69) is worse than 65.52% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.69 | ||
| Debt/FCF | 17.81 | ||
| Altman-Z | 1.48 |
ROIC/WACC1.36
WACC6.69%
2.3 Liquidity
- A Current Ratio of 0.79 indicates that ENL may have some problems paying its short term obligations.
- With a Current ratio value of 0.79, ENL is not doing good in the industry: 65.52% of the companies in the same industry are doing better.
- ENL has a Quick Ratio of 0.79. This is a bad value and indicates that ENL is not financially healthy enough and could expect problems in meeting its short term obligations.
- ENL has a worse Quick ratio (0.71) than 62.07% 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%.
- Measured over the past years, ENL shows a quite strong growth in Earnings Per Share. The EPS has been growing by 8.23% on average per year.
- The Revenue for ENL has decreased by -20.42% in the past year. This is quite bad
- 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
- Based on estimates for the next years, ENL will show a small growth in Earnings Per Share. The EPS will grow by 2.13% on average per year.
- Based on estimates for the next years, ENL will show a small growth in Revenue. The Revenue will grow by 2.63% on average per year.
EPS Next Y3.02%
EPS Next 2Y3.39%
EPS Next 3Y3.37%
EPS Next 5Y2.13%
Revenue Next Year-10.94%
Revenue Next 2Y-5.54%
Revenue Next 3Y-2.56%
Revenue Next 5Y2.63%
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
- With a Price/Earnings ratio of 13.83, ENL is valued correctly.
- 79.31% of the companies in the same industry are more expensive than ENL, based on the Price/Earnings ratio.
- ENL's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.39.
- With a Price/Forward Earnings ratio of 12.69, ENL is valued correctly.
- Based on the Price/Forward Earnings ratio, ENL is valued cheaper than 86.21% 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 25.72.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.83 | ||
| Fwd PE | 12.69 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, ENL is valued cheaper than 86.21% of the companies in the same industry.
- ENL's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. ENL is cheaper than 79.31% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 25.5 | ||
| EV/EBITDA | 5.59 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates ENL does not grow enough to justify the current Price/Earnings ratio.
- The decent profitability rating of ENL may justify a higher PE ratio.
PEG (NY)4.58
PEG (5Y)1.68
EPS Next 2Y3.39%
EPS Next 3Y3.37%
5. Dividend
5.1 Amount
- ENL has a Yearly Dividend Yield of 5.20%, which is a nice return.
- Compared to an average industry Dividend Yield of 3.10, ENL pays a better dividend. On top of this ENL pays more dividend than 96.55% 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 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.2% |
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.
- The dividend of ENL is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP52.39%
EPS Next 2Y3.39%
EPS Next 3Y3.37%
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.