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ENLIGHT RENEWABLE ENERGY LTD (ENLT) Stock Fundamental Analysis

NASDAQ:ENLT - Nasdaq - IL0007200111 - Common Stock

16.77  -0.73 (-4.17%)

Fundamental Rating

5

ENLT gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 21 industry peers in the Independent Power and Renewable Electricity Producers industry. There are concerns on the financial health of ENLT while its profitability can be described as average. ENLT is not overvalued while it is showing excellent growth. This is an interesting combination.


Dividend Valuation Growth Profitability Health

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6

1. Profitability

1.1 Basic Checks

ENLT had positive earnings in the past year.
In the past year ENLT had a positive cash flow from operations.
In multiple years ENLT reported negative net income over the last 5 years.
ENLT had a positive operating cash flow in each of the past 5 years.
ENLT Yearly Net Income VS EBIT VS OCF VS FCFENLT Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 -200M -400M

1.2 Ratios

Looking at the Return On Assets, with a value of 1.19%, ENLT is in line with its industry, outperforming 60.00% of the companies in the same industry.
Looking at the Return On Equity, with a value of 4.84%, ENLT is in line with its industry, outperforming 50.00% of the companies in the same industry.
The Return On Invested Capital of ENLT (3.08%) is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for ENLT is below the industry average of 4.30%.
The 3 year average ROIC (2.12%) for ENLT is below the current ROIC(3.08%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 1.19%
ROE 4.84%
ROIC 3.08%
ROA(3y)0.88%
ROA(5y)-0.1%
ROE(3y)3.75%
ROE(5y)-0.8%
ROIC(3y)2.12%
ROIC(5y)1.9%
ENLT Yearly ROA, ROE, ROICENLT Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 5 -5 -10

1.3 Margins

With a decent Profit Margin value of 18.61%, ENLT is doing good in the industry, outperforming 75.00% of the companies in the same industry.
ENLT's Profit Margin has improved in the last couple of years.
With an excellent Operating Margin value of 53.17%, ENLT belongs to the best of the industry, outperforming 95.00% of the companies in the same industry.
ENLT's Operating Margin has improved in the last couple of years.
ENLT has a Gross Margin (50.45%) which is comparable to the rest of the industry.
ENLT's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 53.17%
PM (TTM) 18.61%
GM 50.45%
OM growth 3Y15.3%
OM growth 5Y22.27%
PM growth 3YN/A
PM growth 5Y53.17%
GM growth 3Y-1.79%
GM growth 5Y0.53%
ENLT Yearly Profit, Operating, Gross MarginsENLT Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 20 -20 40 -40 60 -60

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2

2. Health

2.1 Basic Checks

With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ENLT is destroying value.
ENLT has more shares outstanding than it did 1 year ago.
The number of shares outstanding for ENLT has been reduced compared to 5 years ago.
Compared to 1 year ago, ENLT has an improved debt to assets ratio.
ENLT Yearly Shares OutstandingENLT Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 200M 400M 600M
ENLT Yearly Total Debt VS Total AssetsENLT Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 1B 2B 3B 4B

2.2 Solvency

Based on the Altman-Z score of 0.49, we must say that ENLT is in the distress zone and has some risk of bankruptcy.
With a decent Altman-Z score value of 0.49, ENLT is doing good in the industry, outperforming 70.00% of the companies in the same industry.
ENLT has a Debt/Equity ratio of 1.96. This is a high value indicating a heavy dependency on external financing.
With a decent Debt to Equity ratio value of 1.96, ENLT is doing good in the industry, outperforming 65.00% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 1.96
Debt/FCF N/A
Altman-Z 0.49
ROIC/WACC0.6
WACC5.11%
ENLT Yearly LT Debt VS Equity VS FCFENLT Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 1B 2B

2.3 Liquidity

A Current Ratio of 0.59 indicates that ENLT may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.59, ENLT is doing worse than 80.00% of the companies in the same industry.
A Quick Ratio of 0.59 indicates that ENLT may have some problems paying its short term obligations.
ENLT has a worse Quick ratio (0.59) than 80.00% of its industry peers.
Industry RankSector Rank
Current Ratio 0.59
Quick Ratio 0.59
ENLT Yearly Current Assets VS Current LiabilitesENLT Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 200M 400M 600M 800M 1B

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8

3. Growth

3.1 Past

ENLT shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -42.59%.
The Earnings Per Share has been growing by 159.78% on average over the past years. This is a very strong growth
Looking at the last year, ENLT shows a decrease in Revenue. The Revenue has decreased by -4.18% in the last year.
ENLT shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 26.60% yearly.
EPS 1Y (TTM)-42.59%
EPS 3YN/A
EPS 5Y159.78%
EPS Q2Q%-75.31%
Revenue 1Y (TTM)-4.18%
Revenue growth 3Y53.77%
Revenue growth 5Y26.6%
Sales Q2Q%-49.8%

3.2 Future

Based on estimates for the next years, ENLT will show a very strong growth in Earnings Per Share. The EPS will grow by 38.67% on average per year.
The Revenue is expected to grow by 32.08% on average over the next years. This is a very strong growth
EPS Next Y-17.04%
EPS Next 2Y15.89%
EPS Next 3Y38.67%
EPS Next 5YN/A
Revenue Next Year26.5%
Revenue Next 2Y27.02%
Revenue Next 3Y32.08%
Revenue Next 5YN/A

3.3 Evolution

Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past 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.
ENLT Yearly Revenue VS EstimatesENLT Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 500M 1B 1.5B 2B
ENLT Yearly EPS VS EstimatesENLT Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 1 2 3 4 5

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5

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings ratio is 17.84, which indicates a rather expensive current valuation of ENLT.
ENLT's Price/Earnings ratio is a bit cheaper when compared to the industry. ENLT is cheaper than 75.00% of the companies in the same industry.
ENLT's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 28.29.
The Price/Forward Earnings ratio is 6.55, which indicates a rather cheap valuation of ENLT.
ENLT's Price/Forward Earnings ratio is rather cheap when compared to the industry. ENLT is cheaper than 95.00% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of ENLT to the average of the S&P500 Index (24.44), we can say ENLT is valued rather cheaply.
Industry RankSector Rank
PE 17.84
Fwd PE 6.55
ENLT Price Earnings VS Forward Price EarningsENLT Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 50 100 150

4.2 Price Multiples

ENLT's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. ENLT is more expensive than 60.00% of the companies in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 20.73
ENLT Per share dataENLT EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 -5

4.3 Compensation for Growth

The decent profitability rating of ENLT may justify a higher PE ratio.
ENLT's earnings are expected to grow with 38.67% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)0.11
EPS Next 2Y15.89%
EPS Next 3Y38.67%

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0

5. Dividend

5.1 Amount

ENLT does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

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ENLIGHT RENEWABLE ENERGY LTD

NASDAQ:ENLT (1/22/2025, 1:53:42 PM)

16.77

-0.73 (-4.17%)

Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Earnings (Last)11-13 2024-11-13/bmo
Earnings (Next)N/A N/A
Inst Owners74.71%
Inst Owner ChangeN/A
Ins Owners0.71%
Ins Owner ChangeN/A
Market Cap1.99B
Analysts85.71
Price Target0.05 (-99.7%)
Short Float %0.06%
Short Ratio3.9
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly Dividend0.04
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-55.53%
Min EPS beat(2)-76.91%
Max EPS beat(2)-34.15%
EPS beat(4)2
Avg EPS beat(4)203.64%
Min EPS beat(4)-76.91%
Max EPS beat(4)798.04%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE 17.84
Fwd PE 6.55
P/S 6.47
P/FCF N/A
P/OCF 13.62
P/B 1.68
P/tB 2.22
EV/EBITDA 20.73
EPS(TTM)0.94
EY5.61%
EPS(NY)2.56
Fwd EY15.26%
FCF(TTM)-5.92
FCFYN/A
OCF(TTM)1.23
OCFY7.34%
SpS2.59
BVpS9.98
TBVpS7.56
PEG (NY)N/A
PEG (5Y)0.11
Profitability
Industry RankSector Rank
ROA 1.19%
ROE 4.84%
ROCE 4.05%
ROIC 3.08%
ROICexc 3.25%
ROICexgc 3.51%
OM 53.17%
PM (TTM) 18.61%
GM 50.45%
FCFM N/A
ROA(3y)0.88%
ROA(5y)-0.1%
ROE(3y)3.75%
ROE(5y)-0.8%
ROIC(3y)2.12%
ROIC(5y)1.9%
ROICexc(3y)2.35%
ROICexc(5y)2.15%
ROICexgc(3y)2.58%
ROICexgc(5y)2.34%
ROCE(3y)2.79%
ROCE(5y)2.5%
ROICexcg growth 3Y22.73%
ROICexcg growth 5Y43.08%
ROICexc growth 3Y22.21%
ROICexc growth 5Y42.53%
OM growth 3Y15.3%
OM growth 5Y22.27%
PM growth 3YN/A
PM growth 5Y53.17%
GM growth 3Y-1.79%
GM growth 5Y0.53%
F-Score5
Asset Turnover0.06
Health
Industry RankSector Rank
Debt/Equity 1.96
Debt/FCF N/A
Debt/EBITDA 10.1
Cap/Depr 1288.05%
Cap/Sales 275.84%
Interest Coverage 2.49
Cash Conversion 63.66%
Profit Quality N/A
Current Ratio 0.59
Quick Ratio 0.59
Altman-Z 0.49
F-Score5
WACC5.11%
ROIC/WACC0.6
Cap/Depr(3y)1611.31%
Cap/Depr(5y)1684.96%
Cap/Sales(3y)353.6%
Cap/Sales(5y)365.52%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-42.59%
EPS 3YN/A
EPS 5Y159.78%
EPS Q2Q%-75.31%
EPS Next Y-17.04%
EPS Next 2Y15.89%
EPS Next 3Y38.67%
EPS Next 5YN/A
Revenue 1Y (TTM)-4.18%
Revenue growth 3Y53.77%
Revenue growth 5Y26.6%
Sales Q2Q%-49.8%
Revenue Next Year26.5%
Revenue Next 2Y27.02%
Revenue Next 3Y32.08%
Revenue Next 5YN/A
EBIT growth 1Y-17.78%
EBIT growth 3Y77.3%
EBIT growth 5Y54.79%
EBIT Next Year79.36%
EBIT Next 3Y48.35%
EBIT Next 5YN/A
FCF growth 1Y54.67%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-28.48%
OCF growth 3Y56.8%
OCF growth 5Y17.25%