ENEL SPA (ENL.DE) Stock Fundamental Analysis
FRA:ENL • IT0003128367
10.192 EUR
+0.03 (+0.28%)
Last: Feb 27, 2026, 07:00 PM
Taking everything into account, ENL scores 4 out of 10 in our fundamental rating. ENL was compared to 28 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 is valued correctly, but it does not seem to be growing. ENL also has an excellent dividend rating.
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.
- In the past 5 years ENL always reported a positive cash flow from operatings.
1.2 Ratios
- The Return On Assets of ENL (5.59%) is better than 71.43% of its industry peers.
- ENL's Return On Equity of 29.11% is amongst the best of the industry. ENL outperforms 89.29% of its industry peers.
- ENL's Return On Invested Capital of 9.13% is fine compared to the rest of the industry. ENL outperforms 78.57% of its industry peers.
- ENL had an Average Return On Invested Capital over the past 3 years of 5.54%. This is in line with the industry average of 6.29%.
- 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
- ENL has a worse Profit Margin (8.49%) than 71.43% of its industry peers.
- In the last couple of years the Profit Margin of ENL has grown nicely.
- ENL has a worse Operating Margin (15.91%) than 67.86% 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 42.86% 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
- 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.
- Compared to 5 years ago, ENL has about the same amount of shares outstanding.
- The debt/assets ratio for ENL has been reduced compared to a year ago.
2.2 Solvency
- Based on the Altman-Z score of 1.52, we must say that ENL is in the distress zone and has some risk of bankruptcy.
- ENL has a Altman-Z score of 1.52. This is in the better half of the industry: ENL outperforms 67.86% 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 67.86% 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.
- Looking at the Debt to Equity ratio, with a value of 1.69, ENL is doing worse than 67.86% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.69 | ||
| Debt/FCF | 17.81 | ||
| Altman-Z | 1.52 |
ROIC/WACC1.35
WACC6.74%
2.3 Liquidity
- A Current Ratio of 0.79 indicates that ENL may have some problems paying its short term obligations.
- Looking at the Current ratio, with a value of 0.79, ENL is doing worse than 64.29% of the companies in the same industry.
- A Quick Ratio of 0.71 indicates that ENL may have some problems paying its short term obligations.
- ENL has a Quick ratio of 0.71. This is in the lower half of the industry: ENL underperforms 60.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.79 | ||
| Quick Ratio | 0.71 |
3. Growth
3.1 Past
- The earnings per share for ENL have decreased by -3.86% in the last 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 -20.42% in the last year.
- ENL shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -0.91% yearly.
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
- The Earnings Per Share is expected to grow by 2.06% on average over the next years.
- ENL is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.88% yearly.
EPS Next Y3.02%
EPS Next 2Y3.39%
EPS Next 3Y3.37%
EPS Next 5Y2.06%
Revenue Next Year-9.97%
Revenue Next 2Y-4.54%
Revenue Next 3Y-2.53%
Revenue Next 5Y1.88%
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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 15.21, which indicates a correct valuation of ENL.
- Based on the Price/Earnings ratio, ENL is valued a bit cheaper than 78.57% of the companies in the same industry.
- ENL is valuated rather cheaply when we compare the Price/Earnings ratio to 27.10, which is the current average of the S&P500 Index.
- Based on the Price/Forward Earnings ratio of 13.96, the valuation of ENL can be described as correct.
- Based on the Price/Forward Earnings ratio, ENL is valued a bit cheaper than 75.00% of the companies in the same industry.
- The average S&P500 Price/Forward Earnings ratio is at 28.06. ENL is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.21 | ||
| Fwd PE | 13.96 |
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 89.29% 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 75.00% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 28.06 | ||
| EV/EBITDA | 5.95 |
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)5.04
PEG (5Y)1.85
EPS Next 2Y3.39%
EPS Next 3Y3.37%
5. Dividend
5.1 Amount
- ENL has a Yearly Dividend Yield of 4.82%, which is a nice return.
- Compared to an average industry Dividend Yield of 3.08, ENL pays a better dividend. On top of this ENL pays more dividend than 92.86% of the companies listed in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.80, ENL pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.82% |
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 (2/27/2026, 7:00:00 PM)
10.192
+0.03 (+0.28%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)11-13 2025-11-13/amc
Earnings (Next)03-19 2026-03-19/amc
Inst Owners29.35%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap103.62B
Revenue(TTM)73.91B
Net Income(TTM)10.03B
Analysts75.76
Price Target9.71 (-4.73%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.82% |
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)1.57%
PT rev (3m)9.37%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0.79%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)1.09%
Revenue NY rev (3m)-0.74%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.21 | ||
| Fwd PE | 13.96 | ||
| P/S | 0.88 | ||
| P/FCF | 28.06 | ||
| P/OCF | 8.02 | ||
| P/B | 3.01 | ||
| P/tB | 16.81 | ||
| EV/EBITDA | 5.95 |
EPS(TTM)0.67
EY6.57%
EPS(NY)0.73
Fwd EY7.16%
FCF(TTM)0.36
FCFY3.56%
OCF(TTM)1.27
OCFY12.46%
SpS11.63
BVpS3.39
TBVpS0.61
PEG (NY)5.04
PEG (5Y)1.85
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 | 1.52 |
F-Score6
WACC6.74%
ROIC/WACC1.35
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-9.97%
Revenue Next 2Y-4.54%
Revenue Next 3Y-2.53%
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 4 / 10 to ENL.DE.
What is the valuation status of ENEL SPA (ENL.DE) stock?
ChartMill assigns a valuation rating of 5 / 10 to ENEL SPA (ENL.DE). This can be considered as Fairly Valued.
What is the profitability of ENL stock?
ENEL SPA (ENL.DE) has a profitability rating of 6 / 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.