(ENEL) Enel SpA - Overview
Sector: Utilities | Industry: Utilities - Diversified | Exchange: MI (Italy) | Market Cap: 96.236m EUR | Total Return: 26.4% in 12m
Avg Turnover: 176M
EPS Trend: -43.2%
Qual. Beats: 0
Rev. Trend: -96.3%
Qual. Beats: -2
Warnings
Interest Coverage Ratio 0.2 is critical
Altman Z'' 0.13 < 1.0 - financial distress zone
Choppy
Tailwinds
No distinct edge detected
Enel SpA is a Rome-based integrated utility company that manages a diversified portfolio across electricity and gas markets globally. The firm operates through four primary segments: Thermal Generation and Trading, Enel Green Power, Enel Grids, and End-User Markets. Its asset base includes a mix of renewable, nuclear, and thermal power plants, supported by extensive distribution and transmission infrastructure.
The company utilizes an integrated business model that spans the entire energy value chain, from generation to final sale. In the utilities sector, this integration often provides a hedge against commodity price volatility by balancing production costs with retail pricing. Enel also develops infrastructure for urban electrification, including smart city technologies and demand-response systems for commercial clients.
For a more detailed analysis of the companys financial health and valuation, consider reviewing the comprehensive data available on ValueRay.
Founded in 1962, Enel has transitioned from a nationalized entity to a global player in the energy transition. The electric utilities sub-industry is characterized by high capital intensity and significant regulatory oversight, which influences long-term infrastructure investment strategies.
- Accelerated renewable energy capacity expansion boosts long-term power generation margins
- Regulated grid infrastructure investments provide stable cash flows amidst market volatility
- High interest rates increase debt servicing costs for capital-intensive utility projects
- Natural gas price fluctuations impact thermal generation profitability and retail margins
- European regulatory shifts on energy pricing influence utility sector valuation multiples
| 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 0.49%; Δ 4.68k% > 0.5%) |
| Asset Turnover: 34.05% > 50% (prev 38.01%; Δ -3.96% > 0%) |
| Interest Coverage Ratio: 0.17 > 6 (EBITDA TTM 11.5b / 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: 0.12 (Book Value of Equity 16.8b / Total Liabilities 140b) |
| Altman-Z'' = 0.13 = B |
| DSRI: 1.02 (Receivables 14.9b/16.0b, Revenue 64.0b/70.4b) |
| GMI: 1.03 (GM 47.33% / 48.89%) |
| 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 = -3.10 (Cap -4..+1) = AA |
As of May 25, 2026, the stock is trading at EUR 9.70 with a total of 14,182,401 shares traded.
Over the past week, the price has changed by +2.26%,
over one month by -1.25%,
over three months by -1.03% and
over the past year by +26.35%.
Enel SpA has no consensus analysts rating.
P/E Trailing = 25.5211
P/E Forward = 13.4771
P/S = 1.2352
P/B = 2.7192
P/EG = 0.892
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 = 94.6b EUR (96.2b + Debt 2.85b - CCE 4.49b)
Interest Coverage Ratio = 0.17 (Ebit TTM 1.95b / Interest Expense TTM 11.7b)
EV/FCF = 21.82x (Enterprise Value 94.6b / FCF TTM 4.33b)
FCF Yield = 4.58% (FCF TTM 4.33b / Enterprise Value 94.6b)
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 = 0.50 (Enterprise Value 94.6b / Total Assets 191b)
Interest Expense / Debt = 411.6% (Interest Expense 11.7b / Debt 2.85b)
Taxrate = 31.07% (1.02b / 3.29b)
NOPAT = 1.35b (EBIT 1.95b * (1 - 31.07%))
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 = 1.01% (NOPAT 1.35b / Invested Capital 133b)
WACC = 6.31% (E(96.2b)/V(99.1b) * Re(6.50%) + (debt cost/tax rate unavailable))
Discount Rate = 6.50% (= 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: -43.16 | EPS CAGR: -2.04% | SUE: -0.08 | # QB: 0
Revenue Correlation: -96.30 | Revenue CAGR: -20.11% | SUE: -1.00 | # QB: -2
EPS current Quarter (2026-06-30): EPS=0.18 | Chg30d=+2.67% | Revisions=+20% | Analysts=2
EPS next Quarter (2026-09-30): EPS=0.19 | Chg30d=+4.72% | Revisions=+20% | Analysts=2
EPS current Year (2026-12-31): EPS=0.72 | Chg30d=+0.22% | Revisions=+20% | GrowthEPS=+12.1% | GrowthRev=+3.2%
EPS next Year (2027-12-31): EPS=0.75 | Chg30d=+0.32% | Revisions=+67% | GrowthEPS=+4.1% | GrowthRev=+1.5%
[Analyst] Revisions Ratio: +67%