(ENLT) Enlight Renewable Energy - Overview
Sector: Utilities | Industry: Utilities - Renewable | Exchange: NASDAQ (USA) | Market Cap: 14.966m USD | Total Return: 440.4% in 12m
Avg Turnover: 18.5M
EPS Trend: 28.6%
Qual. Beats: 0
Rev. Trend: 96.8%
Qual. Beats: 0
Warnings
P/E ratio 262.0
Share dilution 17.6% YoY
Altman Z'' 0.63 < 1.0 - financial distress zone
Tailwinds
Rs Leader, Idiosyncratic Leader, Tailwind
Enlight Renewable Energy Ltd (ENLT) is an Israel-based developer and operator of utility-scale renewable energy projects across the Middle East, North Africa, Europe, and the United States. The company manages a multi-technology portfolio encompassing wind, solar, and energy storage systems, overseeing the entire lifecycle from initial financing and construction to long-term operation.
The business model relies on the Independent Power Producer (IPP) framework, where revenue is typically secured through long-term power purchase agreements (PPAs) that provide predictable cash flows. By integrating energy storage capacity alongside generation, the company addresses the intermittent nature of renewable sources, increasing the reliability and value of the electricity delivered to the grid.
To evaluate how these project pipelines may impact future earnings, investors should explore the detailed valuation metrics available on ValueRay.
- Expansion of utility-scale solar and wind projects across the United States market
- Integration of energy storage systems enhances project margins and grid stability
- Fluctuations in global interest rates impact project financing costs and valuations
- Geopolitical instability in the Middle East poses risks to domestic operational assets
- Regulatory shifts in renewable energy subsidies affect long-term power purchase agreements
| Net Income: 145.8m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.28 > 0.02 and ΔFCF/TA -19.87 > 1.0 |
| NWC/Revenue: -19.59% < 20% (prev 10.32%; Δ -29.91% < -1%) |
| CFO/TA 0.04 > 3% & CFO 414.2m > Net Income 145.8m |
| Net Debt (4.65b) to EBITDA (1.40b): 3.32 < 3 |
| Current Ratio: 0.77 > 1.5 & < 3 |
| Outstanding Shares: last quarter (146.7m) vs 12m ago 17.04% < -2% |
| Gross Margin: 75.80% > 18% (prev 0.70%; Δ 7.51k% > 0.5%) |
| Asset Turnover: 26.62% > 50% (prev 26.50%; Δ 0.12% > 0%) |
| Interest Coverage Ratio: 3.54 > 6 (EBITDA TTM 1.40b / Interest Expense TTM 245.0m) |
| A: -0.04 (Total Current Assets 1.36b - Total Current Liabilities 1.76b) / Total Assets 9.31b |
| B: 0.03 (Retained Earnings 264.1m / Total Assets 9.31b) |
| C: 0.11 (EBIT TTM 866.0m / Avg Total Assets 7.60b) |
| D: 0.05 (Book Value of Equity 354.1m / Total Liabilities 6.88b) |
| Altman-Z'' = 0.63 = B |
| DSRI: 1.06 (Receivables 198.2m/144.6m, Revenue 2.02b/1.56b) |
| GMI: 0.93 (GM 75.80% / 70.36%) |
| AQI: 0.63 (AQ_t 0.11 / AQ_t-1 0.18) |
| SGI: 1.30 (Revenue 2.02b / 1.56b) |
| TATA: -0.03 (NI 145.8m - CFO 414.2m) / TA 9.31b) |
| Beneish M = -3.08 (Cap -4..+1) = AA |
As of June 03, 2026, the stock is trading at USD 105.22 with a total of 349,708 shares traded.
Over the past week, the price has changed by +14.06%,
over one month by +15.18%,
over three months by +43.39% and
over the past year by +440.42%.
Enlight Renewable Energy has received a consensus analysts rating of 3.67. Therefore, it is recommended to hold ENLT.
- StrongBuy: 1
- Buy: 2
- Hold: 3
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 79.9 | -24.1% |
P/E Trailing = 262.0
P/E Forward = 185.1852
P/S = 27.9566
P/B = 6.7439
Revenue TTM = 2.02b USD
EBIT TTM = 866.0m USD
EBITDA TTM = 1.40b USD
Long Term Debt = 3.85b USD (from longTermDebt, last quarter)
Short Term Debt = 1.27b USD (from shortTermDebt, last quarter)
Debt = 5.63b USD (from shortLongTermDebtTotal, last quarter) + Leases 262.1m
Net Debt = 4.65b USD (calculated: Debt 5.63b - CCE 979.3m)
Enterprise Value = 19.6b USD (15.0b + Debt 5.63b - CCE 979.3m)
Interest Coverage Ratio = 3.54 (Ebit TTM 866.0m / Interest Expense TTM 245.0m)
EV/FCF = -7.42x (Enterprise Value 19.6b / FCF TTM -2.64b)
FCF Yield = -13.48% (FCF TTM -2.64b / Enterprise Value 19.6b)
FCF Margin = -130.7% (FCF TTM -2.64b / Revenue TTM 2.02b)
Net Margin = 7.21% (Net Income TTM 145.8m / Revenue TTM 2.02b)
Gross Margin = 75.80% ((Revenue TTM 2.02b - Cost of Revenue TTM 489.6m) / Revenue TTM)
Gross Margin QoQ = 71.70% (prev 82.31%)
Tobins Q-Ratio = 2.11 (Enterprise Value 19.6b / Total Assets 9.31b)
Interest Expense / Debt = 4.35% (Interest Expense 245.0m / Debt 5.63b)
Taxrate = 24.51% (12.2m / 49.6m)
NOPAT = 653.7m (EBIT 866.0m * (1 - 24.51%))
Current Ratio = 0.77 (Total Current Assets 1.36b / Total Current Liabilities 1.76b)
Debt / Equity = 2.65 (Debt 5.63b / totalStockholderEquity, last quarter 2.12b)
Debt / EBITDA = 3.32 (Net Debt 4.65b / EBITDA 1.40b)
Debt / FCF = -1.76 (negative FCF - burning cash) (Net Debt 4.65b / FCF TTM -2.64b)
Total Stockholder Equity = 3.55b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.92% (Net Income 145.8m / Total Assets 9.31b)
RoE = 4.10% (Net Income TTM 145.8m / Total Stockholder Equity 3.55b)
RoCE = 11.69% (EBIT 866.0m / Capital Employed (Equity 3.55b + L.T.Debt 3.85b))
RoIC = 7.56% (NOPAT 653.7m / Invested Capital 8.65b)
WACC = 7.92% (E(15.0b)/V(20.6b) * Re(9.66%) + D(5.63b)/V(20.6b) * Rd(4.35%) * (1-Tc(0.25)))
Discount Rate = 9.66% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 64.41 | Cagr: 7.86%
[DCF] Fair Price = unknown (Cash Flow -2.64b)
EPS Correlation: 28.64 | EPS CAGR: 13.49% | SUE: 0.24 | # QB: 0
Revenue Correlation: 96.82 | Revenue CAGR: 56.20% | SUE: -0.11 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.19 | Chg30d=-2.63% | Revisions=-20% | Analysts=2
EPS next Quarter (2026-09-30): EPS=0.18 | Chg30d=+4.34% | Revisions=+20% | Analysts=2
EPS current Year (2026-12-31): EPS=0.64 | Chg30d=+13.85% | Revisions=+33% | GrowthEPS=+52.4% | GrowthRev=+53.0%
EPS next Year (2027-12-31): EPS=0.85 | Chg30d=-1.32% | Revisions=-25% | GrowthEPS=+96.6% | GrowthRev=+45.8%
[Analyst] Revisions Ratio: +33%