Enel Américas (SNSE:ENELAM) - Share price, News & Analysis

ENELAM fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	4/6
Financial Health	3/6
Dividends	1/6

ENELAM Stock Overview

Enel Américas S.A., together with its subsidiaries, generates and distributes electricity in Argentina, Brazil, Colombia, Costa Rica, Guatemala, Panama, and Peru.

Rewards

Trading at 20.1% below our estimate of its fair value

Earnings grew by 15.3% over the past year

Risk Analysis

Earnings are forecast to decline by an average of 1.8% per year for the next 3 years

Has a high level of debt

Enel Américas Competitors

AES

NYSE:AES

US$14.3b

Pampa Energía

BASE:PAMP

AR$269.6b

Engie Energía Perú

BVL:ENGIEC1

S/3.4b

Price History & Performance

Summary of all time highs, changes and price drops for Enel Américas
Historical stock prices
Current Share Price	CL$95.02
52 Week High	CL$110.00
52 Week Low	CL$88.28
Beta	0.86
1 Month Change	4.43%
3 Month Change	0.14%
1 Year Change	-6.64%
3 Year Change	-14.17%
5 Year Change	-25.37%
Change since IPO	-30.64%

Recent News & Updates

May 22

Enel Américas S.A.'s (SNSE:ENELAM) Intrinsic Value Is Potentially 28% Above Its Share Price

Does the May share price for Enel Américas S.A. ( SNSE:ENELAM ) reflect what it's really worth? Today, we will estimate...

May 04

Need To Know: Analysts Are Much More Bullish On Enel Américas S.A. (SNSE:ENELAM) Revenues

Enel Américas S.A. ( SNSE:ENELAM ) shareholders will have a reason to smile today, with the analysts making substantial...

Apr 28

Is Enel Américas (SNSE:ENELAM) Using Too Much Debt?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Shareholder Returns

	ENELAM	CL Electric Utilities	CL Market
7D	0.02%	-2.3%	1.0%
1Y	-6.6%	-22.0%	-2.8%

Return vs Industry: ENELAM exceeded the CL Electric Utilities industry which returned -22% over the past year.

Return vs Market: ENELAM underperformed the CL Market which returned -2.8% over the past year.

Price Volatility

Is ENELAM's price volatile compared to industry and market?
ENELAM volatility
ENELAM Average Weekly Movement	2.9%
Electric Utilities Industry Average Movement	4.4%
Market Average Movement	4.3%
10% most volatile stocks in CL Market	6.9%
10% least volatile stocks in CL Market	1.1%

Stable Share Price: ENELAM is not significantly more volatile than the rest of CL stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: ENELAM's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1889	16,457	Maurizio Bezzeccheri	https://www.enelamericas.com

Enel Américas S.A., together with its subsidiaries, generates and distributes electricity in Argentina, Brazil, Colombia, Costa Rica, Guatemala, Panama, and Peru. As of December 31, 2021, it had 15,926 megawatts of installed generation capacity and 26.2 million distribution customers. The company was formerly known as Enersis Américas S.A. and changed its name to Enel Américas S.A. in December 2016.

Enel Américas Fundamentals Summary

How do Enel Américas's earnings and revenue compare to its market cap?
ENELAM fundamental statistics
Market Cap	US$12.22b
Earnings (TTM)	US$923.45m
Revenue (TTM)	US$16.21b

13.2x

P/E Ratio

0.8x

P/S Ratio

Is ENELAM overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
ENELAM income statement (TTM)
Revenue	US$16.21b
Cost of Revenue	US$10.49b
Gross Profit	US$5.72b
Other Expenses	US$4.80b
Earnings	US$923.45m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	0.0086
Gross Margin	35.28%
Net Profit Margin	5.70%
Debt/Equity Ratio	52.2%

How did ENELAM perform over the long term?

See historical performance and comparison

Dividends

1.8%

Current Dividend Yield

24%

Payout Ratio

Does ENELAM pay a reliable dividends?

See ENELAM dividend history and benchmarks

When do you need to buy ENELAM by to receive an upcoming dividend?
Enel Américas dividend dates
Ex Dividend Date	May 26 2022
Dividend Pay Date	May 31 2022
Days until Ex dividend	0 days
Days until Dividend pay date	5 days

Does ENELAM pay a reliable dividends?

See ENELAM dividend history and benchmarks

Valuation

Is Enel Américas undervalued compared to its fair value and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

20.1%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: ENELAM (CLP95.02) is trading below our estimate of fair value (CLP118.88)

Significantly Below Fair Value: ENELAM is trading below fair value by more than 20%.

Price To Earnings Ratio

PE vs Industry: ENELAM is poor value based on its Price-To-Earnings Ratio (13.2x) compared to the CL Electric Utilities industry average (13.1x).

PE vs Market: ENELAM is poor value based on its Price-To-Earnings Ratio (13.2x) compared to the CL market (7.4x).

Price to Earnings Growth Ratio

PEG Ratio: ENELAM's earnings are forecast to decline next year, so we can't calculate its PEG ratio.

Price to Book Ratio

PB vs Industry: ENELAM's Price-To-Book Ratio (0.8x) is in line with the CL Electric Utilities industry average.

Future Growth

How is Enel Américas forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

-1.8%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ENELAM's earnings are forecast to decline over the next 3 years (-1.8% per year).

Earnings vs Market: ENELAM's earnings are forecast to decline over the next 3 years (-1.8% per year).

High Growth Earnings: ENELAM's earnings are forecast to decline over the next 3 years.

Revenue vs Market: ENELAM's revenue (2.1% per year) is forecast to grow slower than the CL market (4.2% per year).

High Growth Revenue: ENELAM's revenue (2.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: ENELAM's Return on Equity is forecast to be low in 3 years time (7.5%).

Past Performance

How has Enel Américas performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

8.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: ENELAM has high quality earnings.

Growing Profit Margin: ENELAM's current net profit margins (5.7%) are lower than last year (6.6%).

Past Earnings Growth Analysis

Earnings Trend: ENELAM's earnings have grown by 8.9% per year over the past 5 years.

Accelerating Growth: ENELAM's earnings growth over the past year (15.3%) exceeds its 5-year average (8.9% per year).

Earnings vs Industry: ENELAM earnings growth over the past year (15.3%) exceeded the Electric Utilities industry 13.4%.

Return on Equity

High ROE: ENELAM's Return on Equity (7.7%) is considered low.

Financial Health

How is Enel Américas's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: ENELAM's short term assets ($8.6B) do not cover its short term liabilities ($9.8B).

Long Term Liabilities: ENELAM's short term assets ($8.6B) do not cover its long term liabilities ($13.4B).

Debt to Equity History and Analysis

Debt Level: ENELAM's net debt to equity ratio (40.3%) is considered high.

Reducing Debt: ENELAM's debt to equity ratio has reduced from 56.3% to 52.2% over the past 5 years.

Debt Coverage: ENELAM's debt is well covered by operating cash flow (28.5%).

Interest Coverage: ENELAM's interest payments on its debt are well covered by EBIT (6.4x coverage).

Balance Sheet

Dividend

What is Enel Américas's current dividend yield, its reliability and sustainability?

Dividend Score

1/6

Dividend Score 1/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

1.82%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: ENELAM's dividend (1.82%) isn’t notable compared to the bottom 25% of dividend payers in the CL market (3.99%).

High Dividend: ENELAM's dividend (1.82%) is low compared to the top 25% of dividend payers in the CL market (11.41%).

Stability and Growth of Payments

Stable Dividend: ENELAM's dividend payments have been volatile in the past 10 years.

Growing Dividend: ENELAM's dividend payments have fallen over the past 10 years.

Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (24.1%), ENELAM's dividend payments are well covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: ENELAM is paying a dividend but the company has no free cash flows.

Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

3.2yrs

Average management tenure

CEO

Maurizio Bezzeccheri (63 yo)

3.75yrs

Tenure

Mr. Maurizio Bezzeccheri is Head of Latin America at Enel SpA. He has been the Chief Executive Officer of Enel Américas S.A. since August 1, 2018. He was Vice President of Administrative Council at Enel Di...

Leadership Team

Experienced Management: ENELAM's management team is considered experienced (3.2 years average tenure).

Board Members

Experienced Board: ENELAM's board of directors are considered experienced (6.1 years average tenure).

Ownership

Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Data	Last Updated (UTC time)
Company Analysis	2022/05/25 00:00
End of Day Share Price	2022/05/25 00:00
Earnings	2022/03/31
Annual Earnings	2021/12/31