View ValuationEnel 향후 성장Future 기준 점검 2/6Enel (는) 각각 연간 11.7% 및 3.7% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 12% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 19.9% 로 예상됩니다.핵심 정보11.7%이익 성장률11.99%EPS 성장률Electric Utilities 이익 성장7.6%매출 성장률3.7%향후 자기자본이익률19.92%애널리스트 커버리지Good마지막 업데이트20 May 2026최근 향후 성장 업데이트분석 기사 • Nov 16Earnings Report: Enel SpA Missed Revenue Estimates By 14%The analysts might have been a bit too bullish on Enel SpA ( BIT:ENEL ), given that the company fell short of...Major Estimate Revision • May 21Consensus revenue estimates increase by 20%The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from €71.7b to €85.8b. EPS estimate unchanged at €0.678. Net income forecast to grow 0.6% next year vs 2.3% growth forecast for Electric Utilities industry in Italy. Consensus price target broadly unchanged at €8.23. Share price rose 4.7% to €8.09 over the past week.Major Estimate Revision • May 09Consensus revenue estimates decrease by 16%The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from €85.5b to €71.7b. EPS estimate unchanged from €0.68 per share at last update. Electric Utilities industry in Italy expected to see average net income growth of 2.5% next year. Consensus price target broadly unchanged at €8.14. Share price was steady at €7.58 over the past week.모든 업데이트 보기Recent updates속보 • May 16Enel Challenges Regulator as Concession at Risk in Brazil InvestigationEnel São Paulo has asked Brazil’s Electric Energy Agency (ANEEL) to dismiss proceedings that could lead to forfeiture of its distribution concession, arguing the case stems from complex technical issues tied to extreme weather in December 2025. The company has requested an independent technical review of the investigation, saying ANEEL’s criteria for assessing service quality are flawed and inconsistent with how other distributors are treated. Earlier in 2026, Enel also requested an expert probe as the Brazilian regulator weighed the potential loss of one of its concessions, underscoring ongoing regulatory pressure in this market. Regulatory scrutiny in Brazil has become a key issue for Enel, with the company actively challenging the basis of potential concession forfeiture and seeking third party technical assessments. For investors, the main risk to watch is whether any concession is ultimately revoked or conditions are tightened, as this could affect Enel’s operations and regulatory framework in an important Latin American market.Reported Earnings • May 11First quarter 2026 earnings: EPS and revenues miss analyst expectationsFirst quarter 2026 results: EPS: €0.18 (down from €0.19 in 1Q 2025). Revenue: €20.6b (down 6.7% from 1Q 2025). Net income: €1.86b (down 7.3% from 1Q 2025). Profit margin: 9.0% (down from 9.1% in 1Q 2025). Revenue missed analyst estimates by 14%. Earnings per share (EPS) also missed analyst estimates by 6.0%. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.내러티브 업데이트 • May 03ENEL: Mixed Rating Shifts And India Exit Will Shape Future Risk BalanceEnel's updated analyst price target edges up slightly to about €10.17. This reflects modest tweaks to growth, margin and P/E assumptions as analysts digest a mix of recent target increases and reductions across the Street.공시 • Apr 22Enel SpA, Annual General Meeting, May 12, 2026Enel SpA, Annual General Meeting, May 12, 2026, at 14:00 W. Europe Standard Time. Location: via dalmazia n 15 00198, roma Italy분석 기사 • Apr 20Some Investors May Be Willing To Look Past Enel's (BIT:ENEL) Soft EarningsThe market for Enel SpA's ( BIT:ENEL ) shares didn't move much after it posted weak earnings recently. We did some...내러티브 업데이트 • Apr 18ENEL: Balanced Re Rating Views And India Renewables Exit Will Shape Risk ProfileEnel's updated analyst price target edges up to about €10.14 from roughly €9.96, as analysts factor in slightly higher revenue growth and profit margin assumptions, as well as a lower future P/E multiple reflected in recent target tweaks across major banks. Analyst Commentary Recent research updates on Enel cluster around price targets in a relatively tight band, with several bullish moves balanced by at least one trim, which keeps expectations grounded.New Risk • Apr 15New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 24% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 124% Cash payout ratio: 151% Minor Risks High level of debt (126% net debt to equity). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.0% net profit margin).내러티브 업데이트 • Apr 03ENEL: Higher Price Views And India Asset Sale Will Reframe Risk BalanceThe analyst price target for Enel has been raised by about €0.11. Analysts cite updated fair value estimates, slightly lower revenue growth assumptions, a modestly higher profit margin, and a higher future P/E as key drivers behind the change.New Risk • Mar 30New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 125% Cash payout ratio: 151% Dividend yield: 5.4% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 125% Cash payout ratio: 151% Minor Risks High level of debt (136% net debt to equity). Profit margins are more than 30% lower than last year (5.3% net profit margin).Reported Earnings • Mar 20Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: €0.39 (down from €0.67 in FY 2024). Revenue: €80.3b (up 6.1% from FY 2024). Net income: €4.26b (down 37% from FY 2024). Profit margin: 5.3% (down from 8.9% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 43%. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 19% per year.내러티브 업데이트 • Mar 19ENEL: Higher Price Views And Investor Day Will Reframe Risk Reward BalanceEnel's analyst fair value estimate has nudged up from €9.68 to €9.85, as analysts factor in a series of recent price target increases toward €10 to €11 and modestly adjust assumptions around discount rate, revenue growth, profit margins and future P/E. Analyst Commentary Recent Street research has generally shifted toward higher fair value markers for Enel, with several price targets now clustered around €10 to €11.공시 • Mar 09Sembcorp, Hexa Climate Solutions Reportedly Vie for the India Renewables Business of Italy's Enel in $300-Million DealIPO-bound Singapore's Sembcorp Industries Ltd. (SGX:U96)'s Indian renewable energy business and Hexa Climate Solutions (Hexa Climate Solutions Private Limited) are vying to acquire the entire India renewable business of Italy's Enel Group (Enel SpA (BIT:ENEL)) in a deal having an equity and enterprise value of around $100 million and $300 million, respectively, according to two people aware of the development. Sembcorp is present in India throughSembcorp India Private Limited and Sembcorp Green Infra Ltd. (SGIL) along with other subsidiaries., while Hexa is backed by I Squared Capital. The HSBC-run sale process follows a deal signed last year-which later fell through-under which Waaree Energies Ltd. had agreed to buy 100% of Enel Green Power India Pvt Ltd. (EGP India) from its parent Enel Green Power Development S.R.L. for INR 7,920 million. Mint first reported on 15 November 2023 that Enel Group planned to exit its India renewable business. "Enel Group's entire India renewable business is back on offer again and Sembcorp and Hexa are in talks for it," one of the two people cited above said, requesting anonymity. Enel Green Power India's portfolio comprises 760 megawatts (MW) of operational wind and solar assets, and a development pipeline of 2.5 gigawatts (GW). The company has been present in India's renewable sector since 2015 and in 2020 it partnered with Norway's state-owned investment fund Norfund to jointly finance, build and operate new renewable projects in the country. Spokespersons for Enel Group and HSBC, as well as Hexa Climate Solutions' founder and executive chairman Sanjeev Aggarwal declined to comment. Queries emailed to Sembcorp Industries Ltd. on Thursday evening remained unanswered till press time.내러티브 업데이트 • Mar 05ENEL: Raised Fair Value And Investor Day Will Shape Risk BalanceThe analyst price target for Enel has been lifted by €0.25, with analysts pointing to updated assumptions around fair value, discount rate, revenue growth, profit margin and future P/E as key drivers of the change. Analyst Commentary Recent research updates show a cluster of higher price targets for Enel, with several firms lifting their fair value estimates by €0.25 to €2.10.Declared Dividend • Feb 26Dividend increased to €0.26Dividend of €0.26 is 2.0% higher than last year. Ex-date: 20th July 2026 Payment date: 22nd July 2026 Dividend yield will be 4.8%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (81% earnings payout ratio) but not covered by cash flows (126% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 16% over the next 3 years, which should provide support to the dividend and adequate earnings cover.내러티브 업데이트 • Feb 18ENEL: Rebased Discount Rate And Investor Day Update Will Shape OutlookAnalysts have nudged their Enel price targets higher, with recent Street research pointing to a few euros of upside per share as they refine assumptions around fair value, discount rates, revenue growth, margins, and future P/E expectations. Analyst Commentary Recent research updates have focused on refining fair value estimates for Enel, with price targets adjusted by around €1.20 to €2.10 per share as analysts revisit their core assumptions.내러티브 업데이트 • Feb 03ENEL: Guidance Upgrade And Mixed Ratings Will Shape Medium Term ExpectationsAnalysts have nudged their fair value estimate for Enel higher to €9.37 from €9.25, reflecting updated assumptions on discount rates, profit margins and future P/E, as well as recent Street research that includes a higher price target from one firm and a Neutral stance with a €9.50 target from another. Analyst Commentary Recent Street research on Enel gives you a mixed but useful read on how analysts are thinking about valuation, execution risk and growth visibility around the current share price and the refreshed fair value estimate.내러티브 업데이트 • Jan 20ENEL: Guidance Upgrade And Neutral Rating Will Shape Medium Term BalanceAnalysts have nudged their fair value estimate for Enel to €9.25 per share, bringing it closer to the recent €9.50 Street target and reflecting updated assumptions around discount rate, revenue growth, profit margins and future P/E expectations following the latest research moves. Analyst Commentary Recent research has shifted Enel to a more neutral stance, with a price target of €9.50 sitting slightly above the new €9.25 fair value estimate.Upcoming Dividend • Jan 12Upcoming dividend of €0.23 per shareEligible shareholders must have bought the stock before 19 January 2026. Payment date: 21 January 2026. Payout ratio is on the higher end at 81%, and the cash payout ratio is above 100%. Trailing yield: 5.2%. Within top quartile of Italian dividend payers (4.5%). Higher than average of industry peers (3.9%).내러티브 업데이트 • Jan 06ENEL: Guidance Delivery And Neutral Ratings Will Shape Medium Term UpsideAnalysts have trimmed their blended price target for Enel to about €9.02, reflecting slightly lower assumptions for discount rates and revenue growth, along with steady profit margin and future P/E expectations. This is in line with recent Neutral and Equal Weight views and modest target reductions from €9.50 and €8.40 to €8.30 across the Street.분석 기사 • Dec 24Enel (BIT:ENEL) Is Due To Pay A Dividend Of €0.23The board of Enel SpA ( BIT:ENEL ) has announced that it will pay a dividend on the 21st of January, with investors...공시 • Dec 24+ 1 more updateEnel SpA to Report Fiscal Year 2025 Final Results on Mar 19, 2026Enel SpA announced that they will report fiscal year 2025 final results on Mar 19, 2026공시 • Dec 23+ 2 more updatesEnel SpA to Report Q1, 2026 Results on May 07, 2026Enel SpA announced that they will report Q1, 2026 results on May 07, 2026내러티브 업데이트 • Dec 14ENEL: Execution On Earnings Guidance And Dividends Will Shape Medium-Term UpsideAnalysts have modestly trimmed their price target on Enel to approximately EUR 9.00. This reflects slightly higher assumed revenue growth and valuation multiples, but also a more cautious stance on upside potential in light of recent target cuts and rating downgrades across the Street.내러티브 업데이트 • Nov 29ENEL: Shifting Sentiment And Execution Risk Will Influence Medium-Term OutlookEnel's analyst price target has been raised slightly, increasing from €8.63 to €8.80. Analysts cite updated revenue growth forecasts and adjustments to discount rates as the main factors behind the change.분석 기사 • Nov 17Enel (BIT:ENEL) Will Pay A Dividend Of €0.23Enel SpA ( BIT:ENEL ) has announced that it will pay a dividend of €0.23 per share on the 21st of January. This will...Declared Dividend • Nov 17Dividend of €0.23 announcedShareholders will receive a dividend of €0.23. Ex-date: 19th January 2026 Payment date: 21st January 2026 Dividend yield will be 5.4%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (81% earnings payout ratio) but not covered by cash flows (133% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 14% over the next 3 years, which should provide support to the dividend and adequate earnings cover.분석 기사 • Nov 16Earnings Report: Enel SpA Missed Revenue Estimates By 14%The analysts might have been a bit too bullish on Enel SpA ( BIT:ENEL ), given that the company fell short of...Reported Earnings • Nov 15Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: EPS: €0.16 (up from €0.16 in 3Q 2024). Revenue: €18.9b (flat on 3Q 2024). Net income: €1.90b (up 5.6% from 3Q 2024). Profit margin: 10.0% (in line with 3Q 2024). Revenue missed analyst estimates by 14%. Earnings per share (EPS) also missed analyst estimates by 2.9%. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.내러티브 업데이트 • Nov 15ENEL: Execution Progress And Sector Sentiment Will Shape Upcoming PerformanceAnalysts have raised their fair value estimate for Enel to €8.63 from €8.49. This change reflects recent adjustments in growth forecasts and sector sentiment.분석 기사 • Nov 04Enel (BIT:ENEL) Has Some Way To Go To Become A Multi-BaggerIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...분석 기사 • Oct 03There's No Escaping Enel SpA's (BIT:ENEL) Muted EarningsWith a price-to-earnings (or "P/E") ratio of 13.7x Enel SpA ( BIT:ENEL ) may be sending bullish signals at the moment...분석 기사 • Sep 02Is It Too Late To Consider Buying Enel SpA (BIT:ENEL)?Let's talk about the popular Enel SpA ( BIT:ENEL ). The company's shares saw its share price hover around a small range...Reported Earnings • Aug 03Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: €0.14 (down from €0.21 in 2Q 2024). Revenue: €18.7b (down 2.9% from 2Q 2024). Net income: €1.42b (down 34% from 2Q 2024). Profit margin: 7.6% (down from 11% in 2Q 2024). Revenue missed analyst estimates by 6.3%. Earnings per share (EPS) also missed analyst estimates by 8.3%. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jul 14Upcoming dividend of €0.26 per shareEligible shareholders must have bought the stock before 21 July 2025. Payment date: 23 July 2025. Payout ratio is a comfortable 70% but the company is paying out more than the cash it is generating. Trailing yield: 6.4%. Within top quartile of Italian dividend payers (5.1%). Higher than average of industry peers (4.5%).분석 기사 • Jun 17Enel's (BIT:ENEL) Shareholders Will Receive A Bigger Dividend Than Last YearEnel SpA ( BIT:ENEL ) will increase its dividend from last year's comparable payment on the 23rd of July to €0.255...분석 기사 • Jun 16Enel SpA's (BIT:ENEL) Price Is Right But Growth Is LackingWhen close to half the companies in Italy have price-to-earnings ratios (or "P/E's") above 17x, you may consider Enel...분석 기사 • May 31Enel (BIT:ENEL) Is Doing The Right Things To Multiply Its Share PriceDid you know there are some financial metrics that can provide clues of a potential multi-bagger? In a perfect world...Major Estimate Revision • May 21Consensus revenue estimates increase by 20%The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from €71.7b to €85.8b. EPS estimate unchanged at €0.678. Net income forecast to grow 0.6% next year vs 2.3% growth forecast for Electric Utilities industry in Italy. Consensus price target broadly unchanged at €8.23. Share price rose 4.7% to €8.09 over the past week.Major Estimate Revision • May 09Consensus revenue estimates decrease by 16%The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from €85.5b to €71.7b. EPS estimate unchanged from €0.68 per share at last update. Electric Utilities industry in Italy expected to see average net income growth of 2.5% next year. Consensus price target broadly unchanged at €8.14. Share price was steady at €7.58 over the past week.Reported Earnings • Apr 25Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: €0.67 (up from €0.36 in FY 2023). Revenue: €75.7b (down 20% from FY 2023). Net income: €6.77b (up 87% from FY 2023). Profit margin: 8.9% (up from 3.9% in FY 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 11%. Earnings per share (EPS) also missed analyst estimates by 3.9%. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.공시 • Apr 11Enel SpA, Annual General Meeting, May 22, 2025Enel SpA, Annual General Meeting, May 22, 2025, at 14:00 W. Europe Standard Time.Declared Dividend • Mar 19Final dividend of €0.26 announcedShareholders will receive a dividend of €0.26. Ex-date: 21st July 2025 Payment date: 23rd July 2025 Dividend yield will be 6.5%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (70% earnings payout ratio) but not covered by cash flows (234% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 3.8% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Mar 14Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: €0.67 (up from €0.36 in FY 2023). Revenue: €78.9b (down 16% from FY 2023). Net income: €7.02b (up 93% from FY 2023). Profit margin: 8.9% (up from 3.9% in FY 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 11%. Earnings per share (EPS) also missed analyst estimates by 3.9%. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jan 13Upcoming dividend of €0.21 per shareEligible shareholders must have bought the stock before 20 January 2025. Payment date: 22 January 2025. Payout ratio is on the higher end at 82%, and the cash payout ratio is above 100%. Trailing yield: 6.2%. Within top quartile of Italian dividend payers (5.2%). Higher than average of industry peers (5.0%).공시 • Dec 24+ 3 more updatesEnel SpA to Report Q1, 2025 Results on May 08, 2025Enel SpA announced that they will report Q1, 2025 results on May 08, 2025Buy Or Sell Opportunity • Nov 12Now 22% undervaluedOver the last 90 days, the stock has risen 1.6% to €6.59. The fair value is estimated to be €8.43, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 24%. For the next 3 years, revenue is forecast to grow by 3.8% per annum. Earnings are also forecast to grow by 5.6% per annum over the same time period.Declared Dividend • Nov 11Dividend of €0.21 announcedShareholders will receive a dividend of €0.21. Ex-date: 20th January 2025 Payment date: 22nd January 2025 Dividend yield will be 6.4%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (41% earnings payout ratio) but not covered by cash flows (460% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 19% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Nov 08Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: €0.16 (up from €0.15 in 3Q 2023). Revenue: €18.9b (down 16% from 3Q 2023). Net income: €1.80b (up 7.3% from 3Q 2023). Profit margin: 9.5% (up from 7.5% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 6.7%. Earnings per share (EPS) also missed analyst estimates by 4.4%. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.새로운 내러티브 • Nov 07Strategic Focus On European Grids And Renewable Capacity Enhances Revenue And Margins Enel's focus on regulated grids and renewable capacity aims to ensure stable growth and improved earnings through predictable returns and lower costs. Reported Earnings • Jul 28Second quarter 2024 earnings: EPS in line with analyst expectations despite revenue beatSecond quarter 2024 results: EPS: €0.21 (up from €0.14 in 2Q 2023). Revenue: €19.3b (down 6.7% from 2Q 2023). Net income: €2.21b (up 58% from 2Q 2023). Profit margin: 12% (up from 6.8% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Upcoming Dividend • Jul 15Upcoming dividend of €0.21 per shareEligible shareholders must have bought the stock before 22 July 2024. Payment date: 24 July 2024. Payout ratio is on the higher end at 96%, and the cash payout ratio is above 100%. Trailing yield: 6.2%. Within top quartile of Italian dividend payers (5.4%). Higher than average of industry peers (4.9%).공시 • Jun 10JSW, Torrent, Masdar Among Suitors for Enel's India AssetsAbout half a dozen investors, including Abu Dhabi Future Energy Company PJSC - Masdar of the UAE, Singapore's Sembcorp Industries Ltd. (SGX:U96), JSW Energy Limited (BSE:533148), Torrent Power Limited (NSEI:TORNTPOWER), Sekura Energy Limited and Oil and Natural Gas Corporation Limited (NSEI:ONGC), have submitted non-binding bids to acquire 760 MW of operational assets in India that have been put on the block by Italy's Enel Group, said people aware of the development. HSBC is advising Enel on the sale. The proposed deal may have an enterprise value of $500 million (INR 41.00 billion), the sources said. The portfolio of Enel Green Power India Private Limited comprises 760 megawatts (MW) of operational wind and solar power assets and a development pipeline of 2 gigawatts (GW). Of the operational capacity, solar power projects comprise 420 MW, with the balance 340 MW coming from wind power. Last year, Norwegian Climate Investment Fund, managed by Norfund, and KLP, Norway's largest pension company, had together committed $100 million of equity and guarantees for a 168 MW wind power plant developed by Enel Green Power in India. In 2020, Norfund and Enel Green Power (EGP) entered into a joint investment agreement for renewable energy projects in India. Their first project together, the 420 MW Thar solar plant, was announced in 2022. Enel Green Power, founded in 2008 within the Enel Group to develop and manage renewable power projects globally, operates over 63 GW of installed renewable capacity at 1,300 plants in Asia, Europe, Africa and America. EGP had strengthened its position in India through an acquisition of a majority stake in renewable energy company BLP Energy for INR 30 million (INR 2.20 billion) in 2015.Enel, ONGC, Masdar and Sekura Energy spokespersons declined to comment. JSW, Sembcorp and Torrent didn't respond to queries. Energy producers such as Sekura Energy, Sembcorp and Masdar Energy are already in the race for several Indian renewable assets that are on the block. These three were among the contenders for the 2 GW renewable portfolio of Brookfield in India that's up for sale at an estimated enterprise value of $800 million - 1 billion (INR 66.00 billion - INR 83.00 billion). JSW Neo Energy and Sekura Energy are among the bidders that have made non-binding offers to acquire a controlling stake in Ayana Renewable Power, majority owned by National Investment and Infrastructure Fund (NIIF), at a valuation of about $2 billion, ET had reported. ONGC is another contender for several assets in the clean energy space as part of decarbonising its operations. ONGC plans to have a renewable energy capacity of 10 GW by 2030 at an investment of INR 1 lakh crore. The outlook for the renewable energy (RE) sector remains stable, led by strong policy support from the government, superior tariff competitiveness and sustainability initiatives by large commercial and industrial (C&I) customers.Reported Earnings • May 10First quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2024 results: EPS: €0.19 (up from €0.099 in 1Q 2023). Revenue: €19.4b (down 26% from 1Q 2023). Net income: €1.93b (up 89% from 1Q 2023). Profit margin: 9.9% (up from 3.9% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 27%. Earnings per share (EPS) exceeded analyst estimates by 11%. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.Reported Earnings • Apr 25Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: €0.36 (up from €0.34 in FY 2022). Revenue: €94.2b (down 32% from FY 2022). Net income: €3.63b (up 5.2% from FY 2022). Profit margin: 3.9% (up from 2.5% in FY 2022). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 17%. Earnings per share (EPS) also missed analyst estimates by 47%. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.Declared Dividend • Mar 27Final dividend of €0.21 announcedShareholders will receive a dividend of €0.21. Ex-date: 22nd July 2024 Payment date: 24th July 2024 Dividend yield will be 7.1%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is not covered by earnings (121% earnings payout ratio) nor is it covered by cash flows (413% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 35% to bring the payout ratio under control. EPS is expected to grow by 45% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.Reported Earnings • Mar 24Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: €0.35 (up from €0.35 in FY 2022). Revenue: €95.6b (down 31% from FY 2022). Net income: €3.81b (up 8.5% from FY 2022). Profit margin: 4.0% (up from 2.5% in FY 2022). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 17%. Earnings per share (EPS) also missed analyst estimates by 47%. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.공시 • Jan 20+ 3 more updatesEnel SpA to Report Fiscal Year 2023 Results on Mar 21, 2024Enel SpA announced that they will report fiscal year 2023 results on Mar 21, 2024Upcoming Dividend • Jan 15Upcoming dividend of €0.21 per share at 6.3% yieldEligible shareholders must have bought the stock before 22 January 2024. Payment date: 24 January 2024. Payout ratio is on the higher end at 80%, and the cash payout ratio is above 100%. Trailing yield: 6.3%. Within top quartile of Italian dividend payers (5.2%). Higher than average of industry peers (5.2%).이익 및 매출 성장 예측BIT:ENEL - 애널리스트 향후 추정치 및 과거 재무 데이터 (EUR Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/202886,1827,7552,79217,4051812/31/202784,1927,481N/A16,6242112/31/202682,9387,2043,61115,505213/31/202677,9083,8493,29314,198N/A12/31/202579,3943,9953,25313,926N/A9/30/202577,7776,1363,86513,923N/A6/30/202577,7946,0362,84012,916N/A3/31/202578,3516,8461,63412,029N/A12/31/202475,7096,7702,21313,223N/A9/30/202482,3275,39894912,938N/A6/30/202485,8635,2762,16414,767N/A3/31/202487,2454,5382,54215,777N/A12/31/202394,2273,6311,05714,620N/A9/30/2023101,9685,2313,21217,723N/A6/30/2023119,4213,888-2,10912,887N/A3/31/2023130,2342,981-2,13712,834N/A12/31/2022137,9563,450-5,8548,649N/A9/30/2022129,9512,843-8,6275,849N/A6/30/2022113,4623,245-6,1598,006N/A3/31/202298,8693,343-6,9406,663N/A12/31/202183,2233,026-3,1939,915N/A9/30/202172,9712,194-1,60710,015N/A6/30/202165,6582,4331,20812,142N/A3/31/202162,1472,5391,62212,004N/A12/31/202063,6422,6101,31111,508N/A9/30/202068,6034,28221910,140N/A6/30/202071,0921,906-1,2438,674N/A3/31/202075,7002,16597710,926N/A12/31/201978,4702,174N/A11,251N/A9/30/201978,2102,586N/A11,626N/A6/30/201979,6594,984N/A11,333N/A3/31/201977,9334,876N/A11,555N/A12/31/201874,1244,789N/A11,075N/A9/30/201873,8144,174N/A10,084N/A6/30/201871,6593,952N/A10,450N/A3/31/201872,3363,965N/A10,283N/A12/31/201772,7563,779N/A10,125N/A9/30/201771,8892,434N/A10,242N/A6/30/201772,0692,583N/A9,687N/A3/31/201770,6542,614N/A10,020N/A12/31/201669,1602,570N/A9,847N/A9/30/201669,4712,864N/A11,161N/A6/30/201670,7192,197N/A10,723N/A3/31/201671,9122,325N/A10,663N/A12/31/201574,0102,196N/A9,572N/A9/30/201576,100659N/A12,305N/A6/30/201575,524685N/A11,299N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: ENEL 의 연간 예상 수익 증가율(11.7%)이 saving rate(3.3%)보다 높습니다.수익 vs 시장: ENEL 의 연간 수익(11.7%)이 Italian 시장(11%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: ENEL 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: ENEL 의 수익(연간 3.7%)이 Italian 시장(연간 5.7%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: ENEL 의 수익(연간 3.7%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: ENEL의 자본 수익률은 3년 후 19.9%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YUtilities 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/20 10:52종가2026/05/20 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Enel SpA는 38명의 분석가가 다루고 있습니다. 이 중 21명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Francesco SalaBanca Akros S.p.A. (ESN)Tommaso MarabiniBanca Akros S.p.A. (ESN)Francesco SalaBanca Akros S.p.A. (ESN)35명의 분석가 더 보기
분석 기사 • Nov 16Earnings Report: Enel SpA Missed Revenue Estimates By 14%The analysts might have been a bit too bullish on Enel SpA ( BIT:ENEL ), given that the company fell short of...
Major Estimate Revision • May 21Consensus revenue estimates increase by 20%The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from €71.7b to €85.8b. EPS estimate unchanged at €0.678. Net income forecast to grow 0.6% next year vs 2.3% growth forecast for Electric Utilities industry in Italy. Consensus price target broadly unchanged at €8.23. Share price rose 4.7% to €8.09 over the past week.
Major Estimate Revision • May 09Consensus revenue estimates decrease by 16%The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from €85.5b to €71.7b. EPS estimate unchanged from €0.68 per share at last update. Electric Utilities industry in Italy expected to see average net income growth of 2.5% next year. Consensus price target broadly unchanged at €8.14. Share price was steady at €7.58 over the past week.
속보 • May 16Enel Challenges Regulator as Concession at Risk in Brazil InvestigationEnel São Paulo has asked Brazil’s Electric Energy Agency (ANEEL) to dismiss proceedings that could lead to forfeiture of its distribution concession, arguing the case stems from complex technical issues tied to extreme weather in December 2025. The company has requested an independent technical review of the investigation, saying ANEEL’s criteria for assessing service quality are flawed and inconsistent with how other distributors are treated. Earlier in 2026, Enel also requested an expert probe as the Brazilian regulator weighed the potential loss of one of its concessions, underscoring ongoing regulatory pressure in this market. Regulatory scrutiny in Brazil has become a key issue for Enel, with the company actively challenging the basis of potential concession forfeiture and seeking third party technical assessments. For investors, the main risk to watch is whether any concession is ultimately revoked or conditions are tightened, as this could affect Enel’s operations and regulatory framework in an important Latin American market.
Reported Earnings • May 11First quarter 2026 earnings: EPS and revenues miss analyst expectationsFirst quarter 2026 results: EPS: €0.18 (down from €0.19 in 1Q 2025). Revenue: €20.6b (down 6.7% from 1Q 2025). Net income: €1.86b (down 7.3% from 1Q 2025). Profit margin: 9.0% (down from 9.1% in 1Q 2025). Revenue missed analyst estimates by 14%. Earnings per share (EPS) also missed analyst estimates by 6.0%. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.
내러티브 업데이트 • May 03ENEL: Mixed Rating Shifts And India Exit Will Shape Future Risk BalanceEnel's updated analyst price target edges up slightly to about €10.17. This reflects modest tweaks to growth, margin and P/E assumptions as analysts digest a mix of recent target increases and reductions across the Street.
공시 • Apr 22Enel SpA, Annual General Meeting, May 12, 2026Enel SpA, Annual General Meeting, May 12, 2026, at 14:00 W. Europe Standard Time. Location: via dalmazia n 15 00198, roma Italy
분석 기사 • Apr 20Some Investors May Be Willing To Look Past Enel's (BIT:ENEL) Soft EarningsThe market for Enel SpA's ( BIT:ENEL ) shares didn't move much after it posted weak earnings recently. We did some...
내러티브 업데이트 • Apr 18ENEL: Balanced Re Rating Views And India Renewables Exit Will Shape Risk ProfileEnel's updated analyst price target edges up to about €10.14 from roughly €9.96, as analysts factor in slightly higher revenue growth and profit margin assumptions, as well as a lower future P/E multiple reflected in recent target tweaks across major banks. Analyst Commentary Recent research updates on Enel cluster around price targets in a relatively tight band, with several bullish moves balanced by at least one trim, which keeps expectations grounded.
New Risk • Apr 15New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 24% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 124% Cash payout ratio: 151% Minor Risks High level of debt (126% net debt to equity). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.0% net profit margin).
내러티브 업데이트 • Apr 03ENEL: Higher Price Views And India Asset Sale Will Reframe Risk BalanceThe analyst price target for Enel has been raised by about €0.11. Analysts cite updated fair value estimates, slightly lower revenue growth assumptions, a modestly higher profit margin, and a higher future P/E as key drivers behind the change.
New Risk • Mar 30New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 125% Cash payout ratio: 151% Dividend yield: 5.4% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 125% Cash payout ratio: 151% Minor Risks High level of debt (136% net debt to equity). Profit margins are more than 30% lower than last year (5.3% net profit margin).
Reported Earnings • Mar 20Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: €0.39 (down from €0.67 in FY 2024). Revenue: €80.3b (up 6.1% from FY 2024). Net income: €4.26b (down 37% from FY 2024). Profit margin: 5.3% (down from 8.9% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 43%. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 19% per year.
내러티브 업데이트 • Mar 19ENEL: Higher Price Views And Investor Day Will Reframe Risk Reward BalanceEnel's analyst fair value estimate has nudged up from €9.68 to €9.85, as analysts factor in a series of recent price target increases toward €10 to €11 and modestly adjust assumptions around discount rate, revenue growth, profit margins and future P/E. Analyst Commentary Recent Street research has generally shifted toward higher fair value markers for Enel, with several price targets now clustered around €10 to €11.
공시 • Mar 09Sembcorp, Hexa Climate Solutions Reportedly Vie for the India Renewables Business of Italy's Enel in $300-Million DealIPO-bound Singapore's Sembcorp Industries Ltd. (SGX:U96)'s Indian renewable energy business and Hexa Climate Solutions (Hexa Climate Solutions Private Limited) are vying to acquire the entire India renewable business of Italy's Enel Group (Enel SpA (BIT:ENEL)) in a deal having an equity and enterprise value of around $100 million and $300 million, respectively, according to two people aware of the development. Sembcorp is present in India throughSembcorp India Private Limited and Sembcorp Green Infra Ltd. (SGIL) along with other subsidiaries., while Hexa is backed by I Squared Capital. The HSBC-run sale process follows a deal signed last year-which later fell through-under which Waaree Energies Ltd. had agreed to buy 100% of Enel Green Power India Pvt Ltd. (EGP India) from its parent Enel Green Power Development S.R.L. for INR 7,920 million. Mint first reported on 15 November 2023 that Enel Group planned to exit its India renewable business. "Enel Group's entire India renewable business is back on offer again and Sembcorp and Hexa are in talks for it," one of the two people cited above said, requesting anonymity. Enel Green Power India's portfolio comprises 760 megawatts (MW) of operational wind and solar assets, and a development pipeline of 2.5 gigawatts (GW). The company has been present in India's renewable sector since 2015 and in 2020 it partnered with Norway's state-owned investment fund Norfund to jointly finance, build and operate new renewable projects in the country. Spokespersons for Enel Group and HSBC, as well as Hexa Climate Solutions' founder and executive chairman Sanjeev Aggarwal declined to comment. Queries emailed to Sembcorp Industries Ltd. on Thursday evening remained unanswered till press time.
내러티브 업데이트 • Mar 05ENEL: Raised Fair Value And Investor Day Will Shape Risk BalanceThe analyst price target for Enel has been lifted by €0.25, with analysts pointing to updated assumptions around fair value, discount rate, revenue growth, profit margin and future P/E as key drivers of the change. Analyst Commentary Recent research updates show a cluster of higher price targets for Enel, with several firms lifting their fair value estimates by €0.25 to €2.10.
Declared Dividend • Feb 26Dividend increased to €0.26Dividend of €0.26 is 2.0% higher than last year. Ex-date: 20th July 2026 Payment date: 22nd July 2026 Dividend yield will be 4.8%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (81% earnings payout ratio) but not covered by cash flows (126% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 16% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
내러티브 업데이트 • Feb 18ENEL: Rebased Discount Rate And Investor Day Update Will Shape OutlookAnalysts have nudged their Enel price targets higher, with recent Street research pointing to a few euros of upside per share as they refine assumptions around fair value, discount rates, revenue growth, margins, and future P/E expectations. Analyst Commentary Recent research updates have focused on refining fair value estimates for Enel, with price targets adjusted by around €1.20 to €2.10 per share as analysts revisit their core assumptions.
내러티브 업데이트 • Feb 03ENEL: Guidance Upgrade And Mixed Ratings Will Shape Medium Term ExpectationsAnalysts have nudged their fair value estimate for Enel higher to €9.37 from €9.25, reflecting updated assumptions on discount rates, profit margins and future P/E, as well as recent Street research that includes a higher price target from one firm and a Neutral stance with a €9.50 target from another. Analyst Commentary Recent Street research on Enel gives you a mixed but useful read on how analysts are thinking about valuation, execution risk and growth visibility around the current share price and the refreshed fair value estimate.
내러티브 업데이트 • Jan 20ENEL: Guidance Upgrade And Neutral Rating Will Shape Medium Term BalanceAnalysts have nudged their fair value estimate for Enel to €9.25 per share, bringing it closer to the recent €9.50 Street target and reflecting updated assumptions around discount rate, revenue growth, profit margins and future P/E expectations following the latest research moves. Analyst Commentary Recent research has shifted Enel to a more neutral stance, with a price target of €9.50 sitting slightly above the new €9.25 fair value estimate.
Upcoming Dividend • Jan 12Upcoming dividend of €0.23 per shareEligible shareholders must have bought the stock before 19 January 2026. Payment date: 21 January 2026. Payout ratio is on the higher end at 81%, and the cash payout ratio is above 100%. Trailing yield: 5.2%. Within top quartile of Italian dividend payers (4.5%). Higher than average of industry peers (3.9%).
내러티브 업데이트 • Jan 06ENEL: Guidance Delivery And Neutral Ratings Will Shape Medium Term UpsideAnalysts have trimmed their blended price target for Enel to about €9.02, reflecting slightly lower assumptions for discount rates and revenue growth, along with steady profit margin and future P/E expectations. This is in line with recent Neutral and Equal Weight views and modest target reductions from €9.50 and €8.40 to €8.30 across the Street.
분석 기사 • Dec 24Enel (BIT:ENEL) Is Due To Pay A Dividend Of €0.23The board of Enel SpA ( BIT:ENEL ) has announced that it will pay a dividend on the 21st of January, with investors...
공시 • Dec 24+ 1 more updateEnel SpA to Report Fiscal Year 2025 Final Results on Mar 19, 2026Enel SpA announced that they will report fiscal year 2025 final results on Mar 19, 2026
공시 • Dec 23+ 2 more updatesEnel SpA to Report Q1, 2026 Results on May 07, 2026Enel SpA announced that they will report Q1, 2026 results on May 07, 2026
내러티브 업데이트 • Dec 14ENEL: Execution On Earnings Guidance And Dividends Will Shape Medium-Term UpsideAnalysts have modestly trimmed their price target on Enel to approximately EUR 9.00. This reflects slightly higher assumed revenue growth and valuation multiples, but also a more cautious stance on upside potential in light of recent target cuts and rating downgrades across the Street.
내러티브 업데이트 • Nov 29ENEL: Shifting Sentiment And Execution Risk Will Influence Medium-Term OutlookEnel's analyst price target has been raised slightly, increasing from €8.63 to €8.80. Analysts cite updated revenue growth forecasts and adjustments to discount rates as the main factors behind the change.
분석 기사 • Nov 17Enel (BIT:ENEL) Will Pay A Dividend Of €0.23Enel SpA ( BIT:ENEL ) has announced that it will pay a dividend of €0.23 per share on the 21st of January. This will...
Declared Dividend • Nov 17Dividend of €0.23 announcedShareholders will receive a dividend of €0.23. Ex-date: 19th January 2026 Payment date: 21st January 2026 Dividend yield will be 5.4%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (81% earnings payout ratio) but not covered by cash flows (133% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 14% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
분석 기사 • Nov 16Earnings Report: Enel SpA Missed Revenue Estimates By 14%The analysts might have been a bit too bullish on Enel SpA ( BIT:ENEL ), given that the company fell short of...
Reported Earnings • Nov 15Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: EPS: €0.16 (up from €0.16 in 3Q 2024). Revenue: €18.9b (flat on 3Q 2024). Net income: €1.90b (up 5.6% from 3Q 2024). Profit margin: 10.0% (in line with 3Q 2024). Revenue missed analyst estimates by 14%. Earnings per share (EPS) also missed analyst estimates by 2.9%. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
내러티브 업데이트 • Nov 15ENEL: Execution Progress And Sector Sentiment Will Shape Upcoming PerformanceAnalysts have raised their fair value estimate for Enel to €8.63 from €8.49. This change reflects recent adjustments in growth forecasts and sector sentiment.
분석 기사 • Nov 04Enel (BIT:ENEL) Has Some Way To Go To Become A Multi-BaggerIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
분석 기사 • Oct 03There's No Escaping Enel SpA's (BIT:ENEL) Muted EarningsWith a price-to-earnings (or "P/E") ratio of 13.7x Enel SpA ( BIT:ENEL ) may be sending bullish signals at the moment...
분석 기사 • Sep 02Is It Too Late To Consider Buying Enel SpA (BIT:ENEL)?Let's talk about the popular Enel SpA ( BIT:ENEL ). The company's shares saw its share price hover around a small range...
Reported Earnings • Aug 03Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: €0.14 (down from €0.21 in 2Q 2024). Revenue: €18.7b (down 2.9% from 2Q 2024). Net income: €1.42b (down 34% from 2Q 2024). Profit margin: 7.6% (down from 11% in 2Q 2024). Revenue missed analyst estimates by 6.3%. Earnings per share (EPS) also missed analyst estimates by 8.3%. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jul 14Upcoming dividend of €0.26 per shareEligible shareholders must have bought the stock before 21 July 2025. Payment date: 23 July 2025. Payout ratio is a comfortable 70% but the company is paying out more than the cash it is generating. Trailing yield: 6.4%. Within top quartile of Italian dividend payers (5.1%). Higher than average of industry peers (4.5%).
분석 기사 • Jun 17Enel's (BIT:ENEL) Shareholders Will Receive A Bigger Dividend Than Last YearEnel SpA ( BIT:ENEL ) will increase its dividend from last year's comparable payment on the 23rd of July to €0.255...
분석 기사 • Jun 16Enel SpA's (BIT:ENEL) Price Is Right But Growth Is LackingWhen close to half the companies in Italy have price-to-earnings ratios (or "P/E's") above 17x, you may consider Enel...
분석 기사 • May 31Enel (BIT:ENEL) Is Doing The Right Things To Multiply Its Share PriceDid you know there are some financial metrics that can provide clues of a potential multi-bagger? In a perfect world...
Major Estimate Revision • May 21Consensus revenue estimates increase by 20%The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from €71.7b to €85.8b. EPS estimate unchanged at €0.678. Net income forecast to grow 0.6% next year vs 2.3% growth forecast for Electric Utilities industry in Italy. Consensus price target broadly unchanged at €8.23. Share price rose 4.7% to €8.09 over the past week.
Major Estimate Revision • May 09Consensus revenue estimates decrease by 16%The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from €85.5b to €71.7b. EPS estimate unchanged from €0.68 per share at last update. Electric Utilities industry in Italy expected to see average net income growth of 2.5% next year. Consensus price target broadly unchanged at €8.14. Share price was steady at €7.58 over the past week.
Reported Earnings • Apr 25Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: €0.67 (up from €0.36 in FY 2023). Revenue: €75.7b (down 20% from FY 2023). Net income: €6.77b (up 87% from FY 2023). Profit margin: 8.9% (up from 3.9% in FY 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 11%. Earnings per share (EPS) also missed analyst estimates by 3.9%. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
공시 • Apr 11Enel SpA, Annual General Meeting, May 22, 2025Enel SpA, Annual General Meeting, May 22, 2025, at 14:00 W. Europe Standard Time.
Declared Dividend • Mar 19Final dividend of €0.26 announcedShareholders will receive a dividend of €0.26. Ex-date: 21st July 2025 Payment date: 23rd July 2025 Dividend yield will be 6.5%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (70% earnings payout ratio) but not covered by cash flows (234% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 3.8% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Mar 14Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: €0.67 (up from €0.36 in FY 2023). Revenue: €78.9b (down 16% from FY 2023). Net income: €7.02b (up 93% from FY 2023). Profit margin: 8.9% (up from 3.9% in FY 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 11%. Earnings per share (EPS) also missed analyst estimates by 3.9%. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jan 13Upcoming dividend of €0.21 per shareEligible shareholders must have bought the stock before 20 January 2025. Payment date: 22 January 2025. Payout ratio is on the higher end at 82%, and the cash payout ratio is above 100%. Trailing yield: 6.2%. Within top quartile of Italian dividend payers (5.2%). Higher than average of industry peers (5.0%).
공시 • Dec 24+ 3 more updatesEnel SpA to Report Q1, 2025 Results on May 08, 2025Enel SpA announced that they will report Q1, 2025 results on May 08, 2025
Buy Or Sell Opportunity • Nov 12Now 22% undervaluedOver the last 90 days, the stock has risen 1.6% to €6.59. The fair value is estimated to be €8.43, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 24%. For the next 3 years, revenue is forecast to grow by 3.8% per annum. Earnings are also forecast to grow by 5.6% per annum over the same time period.
Declared Dividend • Nov 11Dividend of €0.21 announcedShareholders will receive a dividend of €0.21. Ex-date: 20th January 2025 Payment date: 22nd January 2025 Dividend yield will be 6.4%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (41% earnings payout ratio) but not covered by cash flows (460% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 19% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Nov 08Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: €0.16 (up from €0.15 in 3Q 2023). Revenue: €18.9b (down 16% from 3Q 2023). Net income: €1.80b (up 7.3% from 3Q 2023). Profit margin: 9.5% (up from 7.5% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 6.7%. Earnings per share (EPS) also missed analyst estimates by 4.4%. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
새로운 내러티브 • Nov 07Strategic Focus On European Grids And Renewable Capacity Enhances Revenue And Margins Enel's focus on regulated grids and renewable capacity aims to ensure stable growth and improved earnings through predictable returns and lower costs.
Reported Earnings • Jul 28Second quarter 2024 earnings: EPS in line with analyst expectations despite revenue beatSecond quarter 2024 results: EPS: €0.21 (up from €0.14 in 2Q 2023). Revenue: €19.3b (down 6.7% from 2Q 2023). Net income: €2.21b (up 58% from 2Q 2023). Profit margin: 12% (up from 6.8% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Jul 15Upcoming dividend of €0.21 per shareEligible shareholders must have bought the stock before 22 July 2024. Payment date: 24 July 2024. Payout ratio is on the higher end at 96%, and the cash payout ratio is above 100%. Trailing yield: 6.2%. Within top quartile of Italian dividend payers (5.4%). Higher than average of industry peers (4.9%).
공시 • Jun 10JSW, Torrent, Masdar Among Suitors for Enel's India AssetsAbout half a dozen investors, including Abu Dhabi Future Energy Company PJSC - Masdar of the UAE, Singapore's Sembcorp Industries Ltd. (SGX:U96), JSW Energy Limited (BSE:533148), Torrent Power Limited (NSEI:TORNTPOWER), Sekura Energy Limited and Oil and Natural Gas Corporation Limited (NSEI:ONGC), have submitted non-binding bids to acquire 760 MW of operational assets in India that have been put on the block by Italy's Enel Group, said people aware of the development. HSBC is advising Enel on the sale. The proposed deal may have an enterprise value of $500 million (INR 41.00 billion), the sources said. The portfolio of Enel Green Power India Private Limited comprises 760 megawatts (MW) of operational wind and solar power assets and a development pipeline of 2 gigawatts (GW). Of the operational capacity, solar power projects comprise 420 MW, with the balance 340 MW coming from wind power. Last year, Norwegian Climate Investment Fund, managed by Norfund, and KLP, Norway's largest pension company, had together committed $100 million of equity and guarantees for a 168 MW wind power plant developed by Enel Green Power in India. In 2020, Norfund and Enel Green Power (EGP) entered into a joint investment agreement for renewable energy projects in India. Their first project together, the 420 MW Thar solar plant, was announced in 2022. Enel Green Power, founded in 2008 within the Enel Group to develop and manage renewable power projects globally, operates over 63 GW of installed renewable capacity at 1,300 plants in Asia, Europe, Africa and America. EGP had strengthened its position in India through an acquisition of a majority stake in renewable energy company BLP Energy for INR 30 million (INR 2.20 billion) in 2015.Enel, ONGC, Masdar and Sekura Energy spokespersons declined to comment. JSW, Sembcorp and Torrent didn't respond to queries. Energy producers such as Sekura Energy, Sembcorp and Masdar Energy are already in the race for several Indian renewable assets that are on the block. These three were among the contenders for the 2 GW renewable portfolio of Brookfield in India that's up for sale at an estimated enterprise value of $800 million - 1 billion (INR 66.00 billion - INR 83.00 billion). JSW Neo Energy and Sekura Energy are among the bidders that have made non-binding offers to acquire a controlling stake in Ayana Renewable Power, majority owned by National Investment and Infrastructure Fund (NIIF), at a valuation of about $2 billion, ET had reported. ONGC is another contender for several assets in the clean energy space as part of decarbonising its operations. ONGC plans to have a renewable energy capacity of 10 GW by 2030 at an investment of INR 1 lakh crore. The outlook for the renewable energy (RE) sector remains stable, led by strong policy support from the government, superior tariff competitiveness and sustainability initiatives by large commercial and industrial (C&I) customers.
Reported Earnings • May 10First quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2024 results: EPS: €0.19 (up from €0.099 in 1Q 2023). Revenue: €19.4b (down 26% from 1Q 2023). Net income: €1.93b (up 89% from 1Q 2023). Profit margin: 9.9% (up from 3.9% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 27%. Earnings per share (EPS) exceeded analyst estimates by 11%. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
Reported Earnings • Apr 25Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: €0.36 (up from €0.34 in FY 2022). Revenue: €94.2b (down 32% from FY 2022). Net income: €3.63b (up 5.2% from FY 2022). Profit margin: 3.9% (up from 2.5% in FY 2022). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 17%. Earnings per share (EPS) also missed analyst estimates by 47%. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
Declared Dividend • Mar 27Final dividend of €0.21 announcedShareholders will receive a dividend of €0.21. Ex-date: 22nd July 2024 Payment date: 24th July 2024 Dividend yield will be 7.1%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is not covered by earnings (121% earnings payout ratio) nor is it covered by cash flows (413% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 35% to bring the payout ratio under control. EPS is expected to grow by 45% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.
Reported Earnings • Mar 24Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: €0.35 (up from €0.35 in FY 2022). Revenue: €95.6b (down 31% from FY 2022). Net income: €3.81b (up 8.5% from FY 2022). Profit margin: 4.0% (up from 2.5% in FY 2022). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 17%. Earnings per share (EPS) also missed analyst estimates by 47%. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
공시 • Jan 20+ 3 more updatesEnel SpA to Report Fiscal Year 2023 Results on Mar 21, 2024Enel SpA announced that they will report fiscal year 2023 results on Mar 21, 2024
Upcoming Dividend • Jan 15Upcoming dividend of €0.21 per share at 6.3% yieldEligible shareholders must have bought the stock before 22 January 2024. Payment date: 24 January 2024. Payout ratio is on the higher end at 80%, and the cash payout ratio is above 100%. Trailing yield: 6.3%. Within top quartile of Italian dividend payers (5.2%). Higher than average of industry peers (5.2%).
