ENEL SPA (ENL.DE) Stock Fundamental Analysis
FRA:ENL - Deutsche Boerse Ag - IT0003128367 - Common Stock - Currency: EUR
ENL gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 16 industry peers in the Electric Utilities industry. While ENL belongs to the best of the industry regarding profitability, there are concerns on its financial health. ENL has a valuation in line with the averages, 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.
In the past year ENL had a positive cash flow from operations.
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
With a decent Return On Assets value of 5.80%, ENL is doing good in the industry, outperforming 62.50% of the companies in the same industry.
The Return On Equity of ENL (28.96%) is better than 81.25% of its industry peers.
Looking at the Return On Invested Capital, with a value of 9.24%, ENL is in the better half of the industry, outperforming 68.75% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for ENL is below the industry average of 8.76%.
The last Return On Invested Capital (9.24%) for ENL is above the 3 year average (5.54%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.8% | ||
| ROE | 28.96% | ||
| ROIC | 9.24% |
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
ENL has a Profit Margin (9.36%) which is in line with its industry peers.
In the last couple of years the Profit Margin of ENL has grown nicely.
ENL's Operating Margin of 17.26% is in line compared to the rest of the industry. ENL outperforms 50.00% of its industry peers.
ENL's Operating Margin has improved in the last couple of years.
ENL has a better Gross Margin (60.71%) than 81.25% of its industry peers.
ENL's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.26% | ||
| PM (TTM) | 9.36% | ||
| GM | 60.71% |
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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so ENL is still creating some value.
The number of shares outstanding for ENL remains at a similar level compared to 1 year ago.
The number of shares outstanding for ENL remains at a similar level compared to 5 years ago.
Compared to 1 year ago, ENL has an improved debt to assets ratio.
2.2 Solvency
ENL has an Altman-Z score of 1.43. This is a bad value and indicates that ENL is not financially healthy and even has some risk of bankruptcy.
With a decent Altman-Z score value of 1.43, ENL is doing good in the industry, outperforming 68.75% of the companies in the same industry.
The Debt to FCF ratio of ENL is 28.21, which is on the high side as it means it would take ENL, 28.21 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of ENL (28.21) is comparable to the rest of the industry.
A Debt/Equity ratio of 1.64 is on the high side and indicates that ENL has dependencies on debt financing.
ENL's Debt to Equity ratio of 1.64 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 | ||
|---|---|---|---|
| Debt/Equity | 1.64 | ||
| Debt/FCF | 28.21 | ||
| Altman-Z | 1.43 |
ROIC/WACC1.4
WACC6.62%
2.3 Liquidity
ENL has a Current Ratio of 0.87. 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's Current ratio of 0.87 is on the low side compared to the rest of the industry. ENL is outperformed by 68.75% of its industry peers.
A Quick Ratio of 0.80 indicates that ENL may have some problems paying its short term obligations.
With a Quick ratio value of 0.80, ENL is not doing good in the industry: 68.75% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.87 | ||
| Quick Ratio | 0.8 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 0.45% over the past year.
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.
Looking at the last year, ENL shows a very negative growth in Revenue. The Revenue has decreased by -15.35% in the last year.
The Revenue has been decreasing by -0.91% on average over the past years.
EPS 1Y (TTM)0.45%
EPS 3Y8.82%
EPS 5Y8.23%
EPS Q2Q%-9.52%
Revenue 1Y (TTM)-15.35%
Revenue growth 3Y-3.36%
Revenue growth 5Y-0.91%
Sales Q2Q%13.6%
3.2 Future
ENL is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 0.87% yearly.
The Revenue is expected to decrease by -1.45% on average over the next years.
EPS Next Y1.37%
EPS Next 2Y1.76%
EPS Next 3Y2.16%
EPS Next 5Y0.87%
Revenue Next Year-4.53%
Revenue Next 2Y-2.65%
Revenue Next 3Y-2.38%
Revenue Next 5Y-1.45%
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 decreasing.
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
Based on the Price/Earnings ratio of 12.43, the valuation of ENL can be described as correct.
Compared to the rest of the industry, the Price/Earnings ratio of ENL indicates a rather cheap valuation: ENL is cheaper than 81.25% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 27.28. ENL is valued rather cheaply when compared to this.
ENL is valuated reasonably with a Price/Forward Earnings ratio of 11.59.
ENL's Price/Forward Earnings ratio is rather cheap when compared to the industry. ENL is cheaper than 87.50% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.76, ENL is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.43 | ||
| Fwd PE | 11.59 |
4.2 Price Multiples
ENL's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. ENL is cheaper than 68.75% of the companies in the same industry.
ENL's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 33.65 | ||
| EV/EBITDA | 5.03 |
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.
ENL has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)9.04
PEG (5Y)1.51
EPS Next 2Y1.76%
EPS Next 3Y2.16%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.83%, ENL is a good candidate for dividend investing.
ENL's Dividend Yield is rather good when compared to the industry average which is at 4.32. ENL pays more dividend than 87.50% of the companies in the same industry.
ENL's Dividend Yield is rather good when compared to the S&P500 average which is at 2.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.83% |
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
ENL pays out 48.67% of its income as dividend. 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.
DP48.67%
EPS Next 2Y1.76%
EPS Next 3Y2.16%
FRA:ENL (7/2/2025, 7:00:00 PM)
8.201
-0.04 (-0.42%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)
Earnings (Next)
Inst Owners26.63%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap83.38B
Analysts82.42
Price Target8.55 (4.26%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.83% |
Yearly Dividend0.5
Dividend Growth(5Y)5.33%
DP48.67%
Div Incr Years3
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)3.2%
Min EPS beat(2)-7.1%
Max EPS beat(2)13.49%
EPS beat(4)2
Avg EPS beat(4)-0.54%
Min EPS beat(4)-9.58%
Max EPS beat(4)13.49%
EPS beat(8)4
Avg EPS beat(8)0.27%
EPS beat(12)5
Avg EPS beat(12)34.42%
EPS beat(16)6
Avg EPS beat(16)24.35%
Revenue beat(2)1
Avg Revenue beat(2)-17.92%
Min Revenue beat(2)-46.57%
Max Revenue beat(2)10.73%
Revenue beat(4)1
Avg Revenue beat(4)-16.43%
Min Revenue beat(4)-46.57%
Max Revenue beat(4)10.73%
Revenue beat(8)2
Avg Revenue beat(8)-20.69%
Revenue beat(12)6
Avg Revenue beat(12)44.61%
Revenue beat(16)10
Avg Revenue beat(16)59.24%
PT rev (1m)3.05%
PT rev (3m)4.9%
EPS NQ rev (1m)0%
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-0.07%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-6.95%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.43 | ||
| Fwd PE | 11.59 | ||
| P/S | 0.73 | ||
| P/FCF | 33.65 | ||
| P/OCF | 6.93 | ||
| P/B | 2.25 | ||
| P/tB | 3.51 | ||
| EV/EBITDA | 5.03 |
EPS(TTM)0.66
EY8.05%
EPS(NY)0.71
Fwd EY8.62%
FCF(TTM)0.24
FCFY2.97%
OCF(TTM)1.18
OCFY14.43%
SpS11.3
BVpS3.65
TBVpS2.34
PEG (NY)9.04
PEG (5Y)1.51
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.8% | ||
| ROE | 28.96% | ||
| ROCE | 14.03% | ||
| ROIC | 9.24% | ||
| ROICexc | 10.13% | ||
| ROICexgc | 11.31% | ||
| OM | 17.26% | ||
| PM (TTM) | 9.36% | ||
| GM | 60.71% | ||
| FCFM | 2.16% |
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%
ROICexcg growth 3Y26.67%
ROICexcg 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-Score7
Asset Turnover0.62
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.64 | ||
| Debt/FCF | 28.21 | ||
| Debt/EBITDA | 2.25 | ||
| Cap/Depr | 130.21% | ||
| Cap/Sales | 8.31% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 44.28% | ||
| Profit Quality | 23.05% | ||
| Current Ratio | 0.87 | ||
| Quick Ratio | 0.8 | ||
| Altman-Z | 1.43 |
F-Score7
WACC6.62%
ROIC/WACC1.4
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)0.45%
EPS 3Y8.82%
EPS 5Y8.23%
EPS Q2Q%-9.52%
EPS Next Y1.37%
EPS Next 2Y1.76%
EPS Next 3Y2.16%
EPS Next 5Y0.87%
Revenue 1Y (TTM)-15.35%
Revenue growth 3Y-3.36%
Revenue growth 5Y-0.91%
Sales Q2Q%13.6%
Revenue Next Year-4.53%
Revenue Next 2Y-2.65%
Revenue Next 3Y-2.38%
Revenue Next 5Y-1.45%
EBIT growth 1Y-14.01%
EBIT growth 3Y28.61%
EBIT growth 5Y3.23%
EBIT Next Year51.43%
EBIT Next 3Y17.14%
EBIT Next 5Y9.93%
FCF growth 1Y384.17%
FCF growth 3YN/A
FCF growth 5Y8.94%
OCF growth 1Y-6.3%
OCF growth 3Y10.07%
OCF growth 5Y3.28%