ENEL SPA (ENEL.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:ENEL - IT0003128367 - Common Stock
9.033 EUR
+0.2 (+2.21%)
Overall ENEL gets a fundamental rating of 5 out of 10. We evaluated ENEL against 26 industry peers in the Electric Utilities industry. ENEL has a medium profitability rating, but doesn't score so well on its financial health evaluation. 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.
- ENEL had a positive operating cash flow in the past year.
- ENEL had positive earnings in each of the past 5 years.
- In the past 5 years ENEL always reported a positive cash flow from operatings.
1.2 Ratios
- With a decent Return On Assets value of 5.59%, ENEL is doing good in the industry, outperforming 69.23% of the companies in the same industry.
- ENEL has a better Return On Equity (29.11%) than 88.46% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 9.13%, ENEL is in the better half of the industry, outperforming 76.92% of the companies in the same industry.
- The Average Return On Invested Capital over the past 3 years for ENEL is in line with the industry average of 6.56%.
- The 3 year average ROIC (5.54%) for ENEL is below the current ROIC(9.13%), indicating increased profibility in the last year.
| 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
- With a Profit Margin value of 8.49%, ENEL is not doing good in the industry: 69.23% of the companies in the same industry are doing better.
- In the last couple of years the Profit Margin of ENEL has grown nicely.
- ENEL has a worse Operating Margin (15.91%) than 65.38% of its industry peers.
- ENEL's Operating Margin has improved in the last couple of years.
- ENEL has a Gross Margin of 57.91%. This is comparable to the rest of the industry: ENEL outperforms 53.85% of its industry peers.
- ENEL'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
- The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so ENEL is still creating some value.
- The number of shares outstanding for ENEL remains at a similar level compared to 1 year ago.
- Compared to 5 years ago, ENEL has about the same amount of shares outstanding.
- Compared to 1 year ago, ENEL has an improved debt to assets ratio.
2.2 Solvency
- ENEL has an Altman-Z score of 1.47. This is a bad value and indicates that ENEL is not financially healthy and even has some risk of bankruptcy.
- ENEL has a Altman-Z score of 1.47. This is in the better half of the industry: ENEL outperforms 65.38% of its industry peers.
- ENEL has a debt to FCF ratio of 17.81. This is a negative value and a sign of low solvency as ENEL would need 17.81 years to pay back of all of its debts.
- With a decent Debt to FCF ratio value of 17.81, ENEL is doing good in the industry, outperforming 65.38% of the companies in the same industry.
- ENEL has a Debt/Equity ratio of 1.69. This is a high value indicating a heavy dependency on external financing.
- With a Debt to Equity ratio value of 1.69, ENEL is not doing good in the industry: 65.38% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.69 | ||
| Debt/FCF | 17.81 | ||
| Altman-Z | 1.47 |
ROIC/WACC1.37
WACC6.66%
2.3 Liquidity
- A Current Ratio of 0.79 indicates that ENEL may have some problems paying its short term obligations.
- With a Current ratio value of 0.79, ENEL is not doing good in the industry: 69.23% of the companies in the same industry are doing better.
- A Quick Ratio of 0.71 indicates that ENEL may have some problems paying its short term obligations.
- Looking at the Quick ratio, with a value of 0.71, ENEL is doing worse than 65.38% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.79 | ||
| Quick Ratio | 0.71 |
3. Growth
3.1 Past
- The earnings per share for ENEL have decreased by -3.86% in the last year.
- Measured over the past years, ENEL shows a quite strong growth in Earnings Per Share. The EPS has been growing by 8.23% on average per year.
- The Revenue for ENEL has decreased by -20.42% in the past year. This is quite bad
- The Revenue has been decreasing by -0.91% on average over the past years.
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 2.13% on average over the next years.
- Based on estimates for the next years, ENEL will show a small growth in Revenue. The Revenue will grow by 2.63% on average per year.
EPS Next Y2.73%
EPS Next 2Y3.13%
EPS Next 3Y3.21%
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.
- The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 13.48, ENEL is valued correctly.
- Based on the Price/Earnings ratio, ENEL is valued cheaply inside the industry as 80.77% of the companies are valued more expensively.
- ENEL is valuated cheaply when we compare the Price/Earnings ratio to 27.32, which is the current average of the S&P500 Index.
- ENEL is valuated correctly with a Price/Forward Earnings ratio of 12.43.
- Based on the Price/Forward Earnings ratio, ENEL is valued cheaper than 84.62% of the companies in the same industry.
- ENEL is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 24.30, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.48 | ||
| Fwd PE | 12.43 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, ENEL is valued cheaply inside the industry as 88.46% of the companies are valued more expensively.
- Based on the Price/Free Cash Flow ratio, ENEL is valued a bit cheaper than 76.92% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.87 | ||
| EV/EBITDA | 5.43 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates ENEL does not grow enough to justify the current Price/Earnings ratio.
- The decent profitability rating of ENEL may justify a higher PE ratio.
PEG (NY)4.95
PEG (5Y)1.64
EPS Next 2Y3.13%
EPS Next 3Y3.21%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 5.06%, ENEL is a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 3.03, ENEL pays a better dividend. On top of this ENEL pays more dividend than 92.31% of the companies listed in the same industry.
- ENEL's Dividend Yield is rather good when compared to the S&P500 average which is at 1.86.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.06% |
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 52.39% of its income as dividend. This is a bit on the high side, but may be sustainable.
- The dividend of ENEL is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP52.39%
EPS Next 2Y3.13%
EPS Next 3Y3.21%
BIT:ENEL (1/22/2026, 5:36:15 PM)
9.033
+0.2 (+2.21%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)11-13 2025-11-13/amc
Earnings (Next)03-11 2026-03-11/amc
Inst Owners29.35%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap91.84B
Revenue(TTM)73.91B
Net Income(TTM)10.03B
Analysts76.88
Price Target9.44 (4.51%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.06% |
Yearly Dividend0.5
Dividend Growth(5Y)5.33%
DP52.39%
Div Incr Years0
Div Non Decr Years0
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)2.93%
PT rev (3m)8.02%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0.08%
EPS NY rev (3m)1.19%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0.81%
Revenue NY rev (3m)-1.16%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.48 | ||
| Fwd PE | 12.43 | ||
| P/S | 0.78 | ||
| P/FCF | 24.87 | ||
| P/OCF | 7.11 | ||
| P/B | 2.66 | ||
| P/tB | 14.9 | ||
| EV/EBITDA | 5.43 |
EPS(TTM)0.67
EY7.42%
EPS(NY)0.73
Fwd EY8.04%
FCF(TTM)0.36
FCFY4.02%
OCF(TTM)1.27
OCFY14.06%
SpS11.63
BVpS3.39
TBVpS0.61
PEG (NY)4.95
PEG (5Y)1.64
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 | 1.47 |
F-Score6
WACC6.66%
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)-3.86%
EPS 3Y8.82%
EPS 5Y8.23%
EPS Q2Q%0%
EPS Next Y2.73%
EPS Next 2Y3.13%
EPS Next 3Y3.21%
EPS Next 5Y2.13%
Revenue 1Y (TTM)-20.42%
Revenue growth 3Y-3.36%
Revenue growth 5Y-0.91%
Sales Q2Q%-11.02%
Revenue Next Year-10.94%
Revenue Next 2Y-5.54%
Revenue Next 3Y-2.56%
Revenue Next 5Y2.63%
EBIT growth 1Y-20.19%
EBIT growth 3Y28.61%
EBIT growth 5Y3.23%
EBIT Next Year50.88%
EBIT Next 3Y16.95%
EBIT Next 5Y10.78%
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 / ENEL.MI FAQ
Can you provide the ChartMill fundamental rating for ENEL SPA?
ChartMill assigns a fundamental rating of 5 / 10 to ENEL.MI.
What is the valuation status of ENEL SPA (ENEL.MI) stock?
ChartMill assigns a valuation rating of 6 / 10 to ENEL SPA (ENEL.MI). This can be considered as Fairly Valued.
What is the profitability of ENEL stock?
ENEL SPA (ENEL.MI) has a profitability rating of 6 / 10.
What is the expected EPS growth for ENEL SPA (ENEL.MI) stock?
The Earnings per Share (EPS) of ENEL SPA (ENEL.MI) is expected to grow by 2.73% in the next year.
How sustainable is the dividend of ENEL SPA (ENEL.MI) stock?
The dividend rating of ENEL SPA (ENEL.MI) is 7 / 10 and the dividend payout ratio is 52.39%.