(ELE) Endesa - Overview
Sector: Utilities | Industry: Utilities - Regulated Electric | Exchange: MC (Spain) | Market Cap: 37.490m EUR | Total Return: 37.2% in 12m
Avg Turnover: 20.7M
EPS Trend: 14.7%
Qual. Beats: -1
Rev. Trend: -84.4%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Endesa, S.A. is a prominent utility provider headquartered in Madrid, Spain, operating primarily across the Iberian Peninsula and various international markets. The company manages an integrated business model that spans the entire electricity value chain, including generation from nuclear, hydroelectric, and renewable sources, as well as extensive distribution and transmission networks.
The company operates within the regulated and liberalized electricity markets, where revenue stability is often driven by long-term distribution infrastructure assets. Beyond traditional power supply, Endesa has expanded into energy transition services, including electric vehicle charging infrastructure, smart city development, and energy demand management solutions.
As of late 2025, the firm maintained a diverse generation portfolio with over 22,000 MW of installed capacity and served millions of electricity and gas customers. Examining the specific financial health of these utility segments on ValueRay can provide deeper insight into the companys valuation.
Endesa is a subsidiary of Enel Iberia Srl and functions as a key player in European energy logistics, managing over 321,000 km of distribution grids. The utility sector is currently characterized by a structural shift toward decarbonization, requiring significant capital expenditure in wind and solar assets to replace traditional thermal generation.
- Spanish regulatory changes and windfall taxes impact net income margins
- Decarbonization strategy accelerates capital expenditure toward renewable generation assets
- Nuclear power phase-out timeline influences long-term base load capacity costs
- Retail electricity and gas pricing dynamics drive utility segment revenue growth
- European interest rate fluctuations affect debt servicing for infrastructure expansion projects
| Net Income: 2.34b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.05 > 0.02 and ΔFCF/TA -1.95 > 1.0 |
| NWC/Revenue: 0.22% < 20% (prev -0.38%; Δ 0.61% < -1%) |
| CFO/TA 0.10 > 3% & CFO 4.00b > Net Income 2.34b |
| Net Debt (12.3b) to EBITDA (5.57b): 2.20 < 3 |
| Current Ratio: 1.00 > 1.5 & < 3 |
| Outstanding Shares: last quarter (1.04b) vs 12m ago -2.18% < -2% |
| Gross Margin: 34.49% > 18% (prev 0.35%; Δ 3.41k% > 0.5%) |
| Asset Turnover: 54.38% > 50% (prev 57.07%; Δ -2.69% > 0%) |
| Interest Coverage Ratio: 5.95 > 6 (EBITDA TTM 5.57b / Interest Expense TTM 591.0m) |
| A: 0.00 (Total Current Assets 10.8b - Total Current Liabilities 10.7b) / Total Assets 39.7b |
| B: 0.18 (Retained Earnings 7.35b / Total Assets 39.7b) |
| C: 0.09 (EBIT TTM 3.52b / Avg Total Assets 38.5b) |
| D: 0.29 (Book Value of Equity 8.84b / Total Liabilities 30.1b) |
| Altman-Z'' = 1.53 = BB |
| DSRI: 1.05 (Receivables 4.54b/4.39b, Revenue 20.9b/21.3b) |
| GMI: 1.01 (GM 34.49% / 34.78%) |
| AQI: 0.86 (AQ_t 0.13 / AQ_t-1 0.15) |
| SGI: 0.98 (Revenue 20.9b / 21.3b) |
| TATA: -0.04 (NI 2.34b - CFO 4.00b) / TA 39.7b) |
| Beneish M = -3.11 (Cap -4..+1) = AA |
As of May 25, 2026, the stock is trading at EUR 36.32 with a total of 830,955 shares traded.
Over the past week, the price has changed by +0.00%,
over one month by -5.88%,
over three months by +5.57% and
over the past year by +37.19%.
Endesa has no consensus analysts rating.
P/E Trailing = 16.2089
P/E Forward = 15.6006
P/S = 1.7892
P/B = 4.357
P/EG = 3.7135
Revenue TTM = 20.9b EUR
EBIT TTM = 3.52b EUR
EBITDA TTM = 5.57b EUR
Long Term Debt = 9.52b EUR (from longTermDebt, last quarter)
Short Term Debt = 1.37b EUR (from shortTermDebt, last quarter)
Debt = 12.4b EUR (from shortLongTermDebtTotal, last quarter) + Leases 781.0m
Net Debt = 12.3b EUR (calculated: Debt 12.4b - CCE 94.0m)
Enterprise Value = 49.8b EUR (37.5b + Debt 12.4b - CCE 94.0m)
Interest Coverage Ratio = 5.95 (Ebit TTM 3.52b / Interest Expense TTM 591.0m)
EV/FCF = 23.41x (Enterprise Value 49.8b / FCF TTM 2.12b)
FCF Yield = 4.27% (FCF TTM 2.12b / Enterprise Value 49.8b)
FCF Margin = 10.15% (FCF TTM 2.12b / Revenue TTM 20.9b)
Net Margin = 11.17% (Net Income TTM 2.34b / Revenue TTM 20.9b)
Gross Margin = 34.49% ((Revenue TTM 20.9b - Cost of Revenue TTM 13.7b) / Revenue TTM)
Gross Margin QoQ = 36.84% (prev 27.02%)
Tobins Q-Ratio = 1.25 (Enterprise Value 49.8b / Total Assets 39.7b)
Interest Expense / Debt = 4.78% (Interest Expense 591.0m / Debt 12.4b)
Taxrate = 24.79% (241.0m / 972.0m)
NOPAT = 2.64b (EBIT 3.52b * (1 - 24.79%))
Current Ratio = 1.00 (Total Current Assets 10.8b / Total Current Liabilities 10.7b)
Debt / Equity = 1.44 (Debt 12.4b / totalStockholderEquity, last quarter 8.57b)
Debt / EBITDA = 2.20 (Net Debt 12.3b / EBITDA 5.57b)
Debt / FCF = 5.77 (Net Debt 12.3b / FCF TTM 2.12b)
Total Stockholder Equity = 8.51b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.08% (Net Income 2.34b / Total Assets 39.7b)
RoE = 27.50% (Net Income TTM 2.34b / Total Stockholder Equity 8.51b)
RoCE = 19.50% (EBIT 3.52b / Capital Employed (Equity 8.51b + L.T.Debt 9.52b))
RoIC = 8.70% (NOPAT 2.64b / Invested Capital 30.4b)
WACC = 5.37% (E(37.5b)/V(49.8b) * Re(5.95%) + D(12.4b)/V(49.8b) * Rd(4.78%) * (1-Tc(0.25)))
Discount Rate = 5.95% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -25.61 | Cagr: -0.96%
[DCF] Terminal Value 73.10% ; FCFF base≈2.36b ; Y1≈2.07b ; Y5≈1.67b
[DCF] Fair Price = 14.22 (EV 26.9b - Net Debt 12.3b = Equity 14.6b / Shares 1.03b; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: 14.71 | EPS CAGR: 10.41% | SUE: -0.96 | # QB: -1
Revenue Correlation: -84.44 | Revenue CAGR: -10.94% | SUE: 0.24 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.55 | Chg30d=+0.05% | Revisions=+20% | Analysts=2
EPS next Quarter (2026-09-30): EPS=0.66 | Chg30d=+19.56% | Revisions=+20% | Analysts=2
EPS current Year (2026-12-31): EPS=2.29 | Chg30d=+1.09% | Revisions=+33% | GrowthEPS=+9.1% | GrowthRev=-1.0%
EPS next Year (2027-12-31): EPS=2.34 | Chg30d=+0.67% | Revisions=+40% | GrowthEPS=+2.4% | GrowthRev=+1.8%
[Analyst] Revisions Ratio: +40%