ENEL Stock Analysis: Enel | MI
Utilities - Diversified | MI, Italy | Market Cap: 101.813m EUR | 12M Return: 33.8% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 196M
EPS Trend: -21.4%
Qual. Beats: 0
Rev. Trend: -96.3%
Qual. Beats: -2
Warnings
Tailwinds
No distinct edge detected
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Enel SpA is an Italian-headquartered, globally integrated electric and gas utility operating across generation, transmission, distribution, and retail. Its business is structured around four segments: Thermal Generation and Trading, Enel Green Power (renewables), Enel Grids (network infrastructure), and End-User Markets. The company owns and operates a diversified generation portfolio including renewable, nuclear, wind, hydroelectric, solar, geothermal, and thermal power plants. Beyond commodity electricity and gas sales, Enel sells energy efficiency, demand response, smart-city, and street-lighting solutions to municipalities, businesses, and households. Founded in 1962 and based in Rome, the company trades on the Milan Stock Exchange and is classified within the GICS Electric Utilities sub-industry.
As a major European integrated utility, Enels business model reflects the broader sector trend of vertical integration combined with a shift toward renewables, grid modernization, and the electrification of end uses (transport, heating, industry). European utilities operate under regulated and liberalized frameworks, with network activities (transmission and distribution) typically subject to regulated returns while generation and retail compete in open markets.
- Italian regulator approves grid tariff increases boosting Enel Grids
- Renewable capacity additions lift Enel Green Power EBITDA
- ECB rate cuts ease Enels debt servicing costs
| Net Income: 4.08b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.02 > 0.02 and ΔFCF/TA 0.94 > 1.0 |
| NWC/Revenue: -15.93% < 20% (prev -7.64%; Δ -8.29% < -1%) |
| CFO/TA 0.07 > 3% & CFO 14.2b > Net Income 4.08b |
| Net Debt (-1.64b) to EBITDA (11.5b): -0.14 < 3 |
| Current Ratio: 0.81 > 1.5 & < 3 |
| Outstanding Shares: last quarter (9.92b) vs 12m ago -2.28% < -2% |
| Gross Margin: 47.33% > 18% (prev 48.89%; Δ -1.56% > 0.5%) |
| Asset Turnover: 34.05% > 50% (prev 38.01%; Δ -3.96% > 0%) |
| Interest Coverage Ratio: 0.17 > 6 (EBIT TTM 1.95b / Interest Expense TTM 11.7b) |
| A: -0.05 (Total Current Assets 43.2b - Total Current Liabilities 53.4b) / Total Assets 191b |
| B: 0.09 (Retained Earnings 16.8b / Total Assets 191b) |
| C: 0.01 (EBIT TTM 1.95b / Avg Total Assets 188b) |
| D: 0.25 (Book Value of Equity 35.4b / Total Liabilities 140b) |
| Altman-Z'' = 0.27 = B |
| DSRI: 1.02 (Receivables 14.9b/16.0b, Revenue 64.0b/70.4b) |
| GMI: 1.03 (GM 48.89% / 47.33%) |
| AQI: 0.99 (AQ_t 0.19 / AQ_t-1 0.19) |
| SGI: 0.91 (Revenue 64.0b / 70.4b) |
| TATA: -0.05 (NI 4.08b - CFO 14.2b) / TA 191b) |
| Beneish M = -3.05 (Cap -4..+1) = AA |
As of July 12, 2026, the stock is trading at EUR 10.12 with a total of 10,893,118 shares traded. Over the past week, the price has changed by -1.36%, over one month by +5.34%, over three months by +2.57% and over the past year by +33.75%.
Current recommended Stop Loss: 9.70 (which is 4.2% or 2.6 ATR below the current price).
Enel has no consensus analysts rating.
P/E Trailing = 27.0
P/E Forward = 14.245
P/S = 1.3068
P/B = 2.8768
P/EG = 0.9437
Revenue TTM = 64.0b EUR
EBIT TTM = 1.95b EUR
EBITDA TTM = 11.5b EUR
Long Term Debt = 58.3b EUR (from longTermDebt, last quarter)
Short Term Debt = 12.0b EUR (from shortLongTermDebt, last quarter)
Debt = 2.85b EUR (Leases only: 2.85b)
Net Debt = -1.64b EUR (calculated: Debt 2.85b - CCE 4.49b)
Enterprise Value = 100b EUR (102b + Debt 2.85b - CCE 4.49b)
Interest Coverage Ratio = 0.17 (Ebit TTM 1.95b / Interest Expense TTM 11.7b)
EV/FCF = 23.11x (Enterprise Value 100b / FCF TTM 4.33b)
FCF Yield = 4.33% (FCF TTM 4.33b / Enterprise Value 100b)
FCF Margin = 6.78% (FCF TTM 4.33b / Revenue TTM 64.0b)
Net Margin = 6.38% (Net Income TTM 4.08b / Revenue TTM 64.0b)
Gross Margin = 47.33% ((Revenue TTM 64.0b - Cost of Revenue TTM 33.7b) / Revenue TTM)
Gross Margin QoQ = 55.84% (prev 34.18%)
Tobins Q-Ratio = 0.53 (Enterprise Value 100b / Total Assets 191b)
Interest Expense / Debt = 411.6% (Interest Expense 11.7b / Debt 2.85b)
Taxrate = 34.06% (2.83b / 8.32b)
NOPAT = 1.29b (EBIT 1.95b * (1 - 34.06%))
Current Ratio = 0.81 (Total Current Assets 43.2b / Total Current Liabilities 53.4b)
Debt / Equity = 0.08 (Debt 2.85b / totalStockholderEquity, last quarter 35.4b)
Debt / EBITDA = -0.14 (Net Debt -1.64b / EBITDA 11.5b)
Debt / FCF = -0.38 (Net Debt -1.64b / FCF TTM 4.33b)
Total Stockholder Equity = 34.3b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.17% (Net Income 4.08b / Total Assets 191b)
RoE = 11.89% (Net Income TTM 4.08b / Total Stockholder Equity 34.3b)
RoCE = 2.11% (EBIT 1.95b / Capital Employed (Equity 34.3b + L.T.Debt 58.3b))
RoIC = 0.96% (NOPAT 1.29b / Invested Capital 134b)
WACC = 6.30% (E(102b)/V(105b) * Re(6.48%) + (debt cost/tax rate unavailable))
Discount Rate = 6.48% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 0.0 | Cagr: 1.60%
[DCF] Terminal Value 77.97% ; FCFF base≈3.59b ; Y1≈4.12b ; Y5≈6.06b
[DCF] Fair Price = 9.36 (EV 91.2b - Net Debt -1.64b = Equity 92.8b / Shares 9.92b; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: -21.38 | EPS CAGR: -1.06% | SUE: -0.09 | # QB: 0
Revenue Correlation: -96.30 | Revenue CAGR: -20.11% | SUE: -1.00 | # QB: -2
EPS current Quarter (2026-06-30): EPS=0.17 | Chg30d=-7.29% | Revisions=-25% | Analysts=2
EPS next Quarter (2026-09-30): EPS=0.18 | Chg30d=-1.53% | Revisions=-25% | Analysts=2
EPS current Year (2026-12-31): EPS=0.72 | Chg30d=+0.07% | Revisions=-40% | GrowthEPS=+12.1% | GrowthRev=+3.3%
EPS next Year (2027-12-31): EPS=0.75 | Chg30d=+0.07% | Revisions=+73% | GrowthEPS=+4.2% | GrowthRev=+1.5%
[Analyst] Revisions Ratio: +27% (up=8, down=4)