ENEL SPA (ENEL.MI) Stock Fundamental Analysis
BIT:ENEL - Euronext Milan - IT0003128367 - Common Stock - Currency: EUR
We assign a fundamental rating of 4 out of 10 to ENEL. ENEL was compared to 16 industry peers in the Electric Utilities industry. There are concerns on the financial health of ENEL while its profitability can be described as average. ENEL has a valuation in line with the averages, but it does not seem to be growing. ENEL also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year ENEL was profitable.
In the past year ENEL had a positive cash flow from operations.
In the past 5 years ENEL has always been profitable.
ENEL had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
ENEL's Return On Assets of 5.80% is in line compared to the rest of the industry. ENEL outperforms 56.25% of its industry peers.
ENEL's Return On Equity of 28.96% is amongst the best of the industry. ENEL outperforms 81.25% of its industry peers.
ENEL has a better Return On Invested Capital (9.24%) than 62.50% of its industry peers.
ENEL had an Average Return On Invested Capital over the past 3 years of 5.54%. This is below the industry average of 8.90%.
The 3 year average ROIC (5.54%) for ENEL is below the current ROIC(9.24%), indicating increased profibility in the last year.
| 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
With a Profit Margin value of 9.36%, ENEL perfoms like the industry average, outperforming 56.25% of the companies in the same industry.
In the last couple of years the Profit Margin of ENEL has grown nicely.
With a Operating Margin value of 17.26%, ENEL perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
ENEL's Operating Margin has improved in the last couple of years.
ENEL has a Gross Margin of 38.75%. This is comparable to the rest of the industry: ENEL outperforms 43.75% of its industry peers.
ENEL's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.26% | ||
| PM (TTM) | 9.36% | ||
| GM | 38.75% |
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), ENEL is creating some value.
ENEL has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, ENEL has about the same amount of shares outstanding.
ENEL has a better debt/assets ratio than last year.
2.2 Solvency
ENEL has a debt to FCF ratio of 28.21. This is a negative value and a sign of low solvency as ENEL would need 28.21 years to pay back of all of its debts.
ENEL's Debt to FCF ratio of 28.21 is in line compared to the rest of the industry. ENEL outperforms 56.25% of its industry peers.
ENEL has a Debt/Equity ratio of 1.64. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.64, ENEL is in line with its industry, outperforming 43.75% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.64 | ||
| Debt/FCF | 28.21 | ||
| Altman-Z | N/A |
ROIC/WACC1.37
WACC6.76%
2.3 Liquidity
A Current Ratio of 0.87 indicates that ENEL may have some problems paying its short term obligations.
With a Current ratio value of 0.87, ENEL is not doing good in the industry: 68.75% of the companies in the same industry are doing better.
ENEL has a Quick Ratio of 0.87. This is a bad value and indicates that ENEL is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.80, ENEL 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.
ENEL shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 8.23% yearly.
ENEL shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -15.35%.
Measured over the past years, ENEL shows a decrease in Revenue. The Revenue has been decreasing by -0.91% on average per year.
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
The Earnings Per Share is expected to grow by 0.96% on average over the next years.
The Revenue is expected to decrease by -1.43% on average over the next years.
EPS Next Y1.37%
EPS Next 2Y1.76%
EPS Next 3Y2.16%
EPS Next 5Y0.96%
Revenue Next Year-4.53%
Revenue Next 2Y-2.65%
Revenue Next 3Y-2.38%
Revenue Next 5Y-1.43%
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 12.24, ENEL is valued correctly.
ENEL's Price/Earnings ratio is rather cheap when compared to the industry. ENEL is cheaper than 81.25% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 25.82, ENEL is valued rather cheaply.
A Price/Forward Earnings ratio of 11.42 indicates a reasonable valuation of ENEL.
87.50% of the companies in the same industry are more expensive than ENEL, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.76, ENEL is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.24 | ||
| Fwd PE | 11.42 |
4.2 Price Multiples
ENEL's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. ENEL is cheaper than 68.75% of the companies in the same industry.
The rest of the industry has a similar Price/Free Cash Flow ratio as ENEL.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 33.15 | ||
| EV/EBITDA | 5.3 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The decent profitability rating of ENEL may justify a higher PE ratio.
PEG (NY)8.91
PEG (5Y)1.49
EPS Next 2Y1.76%
EPS Next 3Y2.16%
5. Dividend
5.1 Amount
ENEL has a Yearly Dividend Yield of 5.82%, which is a nice return.
ENEL's Dividend Yield is rather good when compared to the industry average which is at 4.32. ENEL pays more dividend than 81.25% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.39, ENEL pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.82% |
5.2 History
The dividend of ENEL has a limited annual growth rate of 5.33%.
Dividend Growth(5Y)5.33%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
ENEL pays out 48.67% of its income as dividend. This is a bit on the high side, but may be sustainable.
ENEL's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP48.67%
EPS Next 2Y1.76%
EPS Next 3Y2.16%
BIT:ENEL (5/23/2025, 7:00:00 PM)
8.079
-0.04 (-0.55%)
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 Cap82.14B
Analysts82.42
Price Target8.31 (2.86%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.82% |
Yearly Dividend0.5
Dividend Growth(5Y)5.33%
DP48.67%
Div Incr Years0
Div Non Decr Years0
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)1.35%
PT rev (3m)2.72%
EPS NQ rev (1m)2.94%
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0.03%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-1.04%
Revenue NY rev (3m)-6.52%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.24 | ||
| Fwd PE | 11.42 | ||
| P/S | 0.71 | ||
| P/FCF | 33.15 | ||
| P/OCF | 6.83 | ||
| P/B | 2.21 | ||
| P/tB | 3.46 | ||
| EV/EBITDA | 5.3 |
EPS(TTM)0.66
EY8.17%
EPS(NY)0.71
Fwd EY8.76%
FCF(TTM)0.24
FCFY3.02%
OCF(TTM)1.18
OCFY14.65%
SpS11.3
BVpS3.65
TBVpS2.34
PEG (NY)8.91
PEG (5Y)1.49
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.8% | ||
| ROE | 28.96% | ||
| ROCE | 14.03% | ||
| ROIC | 9.24% | ||
| ROICexc | 9.81% | ||
| ROICexgc | 10.9% | ||
| OM | 17.26% | ||
| PM (TTM) | 9.36% | ||
| GM | 38.75% | ||
| 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-Score6
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 | N/A |
F-Score6
WACC6.76%
ROIC/WACC1.37
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 5Y0.96%
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-1.43%
EBIT growth 1Y-14.01%
EBIT growth 3Y28.61%
EBIT growth 5Y3.23%
EBIT Next Year51.43%
EBIT Next 3Y17.14%
EBIT Next 5Y9.74%
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%