Elecnor, S.A.

BME:ENO Stock Report

Market Cap: €3.1b

Elecnor Balance Sheet Health

Financial Health criteria checks 6/6

Elecnor has a total shareholder equity of €943.2M and total debt of €264.6M, which brings its debt-to-equity ratio to 28.1%. Its total assets and total liabilities are €3.7B and €2.7B respectively. Elecnor's EBIT is €141.2M making its interest coverage ratio -11.4. It has cash and short-term investments of €782.5M.

Key information

28.05%

Debt to equity ratio

€264.61m

Debt

Interest coverage ratio-11.4x
Cash€782.55m
Equity€943.18m
Total liabilities€2.72b
Total assets€3.66b

Recent financial health updates

Recent updates

New Narrative Jun 14

Energy Transition And Electrification Tailwinds Will Still Leave This Business Overvalued

Catalysts About Elecnor Elecnor operates services, projects and concessions focused on electricity, telecommunications, energy infrastructure and related maintenance across multiple regions. What are the underlying business or industry changes driving this perspective?
New Narrative May 30

Energy Transition And Electrification Tailwinds Will Support Stronger Long Term Prospects

Catalysts About Elecnor Elecnor is an engineering and services group focused on electricity, telecommunications, infrastructure projects and concessions across Europe, the Americas, Africa and Australia. What are the underlying business or industry changes driving this perspective?
New Narrative May 12

Energy Transition Tailwinds Will Eventually Expose Electrification And Concessions Risks

Catalysts About Elecnor Elecnor operates globally in electricity infrastructure, energy projects, telecommunications, and concessions through platforms such as Celeo. What are the underlying business or industry changes driving this perspective?
Analysis Article Dec 23

Elecnor, S.A.'s (BME:ENO) Business Is Trailing The Industry But Its Shares Aren't

With a median price-to-sales (or "P/S") ratio of close to 0.6x in the Construction industry in Spain, you could be...
Analysis Article Dec 02

Estimating The Fair Value Of Elecnor, S.A. (BME:ENO)

Key Insights Elecnor's estimated fair value is €27.55 based on 2 Stage Free Cash Flow to Equity Current share price of...
Analysis Article Oct 09

Does Elecnor (BME:ENO) Have A Healthy Balance Sheet?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Analysis Article Sep 04

Some Shareholders Feeling Restless Over Elecnor, S.A.'s (BME:ENO) P/S Ratio

With a median price-to-sales (or "P/S") ratio of close to 0.6x in the Construction industry in Spain, you could be...
Analysis Article Jun 12

Is Elecnor (BME:ENO) Using Debt In A Risky Way?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Analysis Article May 08

Elecnor, S.A.'s (BME:ENO) Shares Climb 26% But Its Business Is Yet to Catch Up

Elecnor, S.A. ( BME:ENO ) shareholders have had their patience rewarded with a 26% share price jump in the last month...
Analysis Article Jan 28

Elecnor, S.A.'s (BME:ENO) Intrinsic Value Is Potentially 17% Below Its Share Price

Key Insights Elecnor's estimated fair value is €13.75 based on Dividend Discount Model Current share price of €16.62...
Analysis Article Dec 25

Is It Time To Consider Buying Elecnor, S.A. (BME:ENO)?

While Elecnor, S.A. ( BME:ENO ) might not have the largest market cap around , it received a lot of attention from a...
Analysis Article Nov 29

Investors Interested In Elecnor, S.A.'s (BME:ENO) Earnings

Elecnor, S.A.'s ( BME:ENO ) price-to-earnings (or "P/E") ratio of 37.4x might make it look like a strong sell right now...
Analysis Article Nov 03

Elecnor (BME:ENO) Is Increasing Its Dividend To €5.03

Elecnor, S.A. ( BME:ENO ) will increase its dividend from last year's comparable payment on the 18th of December to...
Analysis Article Sep 18

Elecnor (BME:ENO) Has A Rock Solid Balance Sheet

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Aug 23

The Price Is Right For Elecnor, S.A. (BME:ENO)

Elecnor, S.A.'s ( BME:ENO ) price-to-earnings (or "P/E") ratio of 35.1x might make it look like a strong sell right now...
Analysis Article Jul 17

Is Elecnor, S.A. (BME:ENO) Potentially Undervalued?

Elecnor, S.A. ( BME:ENO ), might not be a large cap stock, but it received a lot of attention from a substantial price...
Analysis Article May 26

Elecnor's (BME:ENO) Dividend Will Be Increased To €0.3137

The board of Elecnor, S.A. ( BME:ENO ) has announced that it will be paying its dividend of €0.3137 on the 5th of June...
Analysis Article Mar 06

These 4 Measures Indicate That Elecnor (BME:ENO) Is Using Debt Reasonably Well

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Dec 11

Is Elecnor, S.A. (BME:ENO) Worth €18.7 Based On Its Intrinsic Value?

Key Insights Using the Dividend Discount Model, Elecnor fair value estimate is €14.51 Elecnor is estimated to be 29...
Analysis Article Aug 23

We Think Elecnor (BME:ENO) Is Taking Some Risk With Its Debt

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article May 21

Elecnor (BME:ENO) Has Announced That It Will Be Increasing Its Dividend To €0.292

Elecnor, S.A. ( BME:ENO ) has announced that it will be increasing its dividend from last year's comparable payment on...
Analysis Article Sep 24

Does Elecnor (BME:ENO) Have A Healthy Balance Sheet?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article May 19

Returns Are Gaining Momentum At Elecnor (BME:ENO)

To find a multi-bagger stock, what are the underlying trends we should look for in a business? One common approach is...
Analysis Article May 01

Is Elecnor, S.A. (BME:ENO) The Right Choice For A Smart Dividend Investor?

Could Elecnor, S.A. ( BME:ENO ) be an attractive dividend share to own for the long haul? Investors are often drawn to...
Analysis Article Mar 16

Elecnor (BME:ENO) Has A Pretty Healthy Balance Sheet

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Mar 01

Elecnor (BME:ENO) Shareholders Have Enjoyed A 56% Share Price Gain

When we invest, we're generally looking for stocks that outperform the market average. Buying under-rated businesses is...
Analysis Article Feb 11

Returns On Capital At Elecnor (BME:ENO) Paint An Interesting Picture

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'd want to identify a...
Analysis Article Jan 25

Elecnor, S.A. (BME:ENO) Vies For A Place In Your Dividend Portfolio: Here's Why

Is Elecnor, S.A. ( BME:ENO ) a good dividend stock? How can we tell? Dividend paying companies with growing earnings...
Analysis Article Jan 07

Is Elecnor, S.A.'s (BME:ENO) ROE Of 21% Impressive?

Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...
Analysis Article Dec 18

What Kind Of Investors Own Most Of Elecnor, S.A. (BME:ENO)?

The big shareholder groups in Elecnor, S.A. ( BME:ENO ) have power over the company. Large companies usually have...
Analysis Article Dec 02

Elecnor (BME:ENO) Could Be A Buy For Its Upcoming Dividend

Elecnor, S.A. ( BME:ENO ) is about to trade ex-dividend in the next 3 days. You can purchase shares before the 7th of...

Financial Position Analysis

Short Term Liabilities: ENO's short term assets (€2.5B) exceed its short term liabilities (€2.4B).

Long Term Liabilities: ENO's short term assets (€2.5B) exceed its long term liabilities (€340.9M).


Debt to Equity History and Analysis

Debt Level: ENO has more cash than its total debt.

Reducing Debt: ENO's debt to equity ratio has reduced from 152.8% to 28.1% over the past 5 years.

Debt Coverage: ENO's debt is well covered by operating cash flow (175%).

Interest Coverage: ENO earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/22 08:19
End of Day Share Price 2026/06/22 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Elecnor, S.A. is covered by 5 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullBestinver Sociedad De Valores, S.A
Álvaro NavarroBestinver Sociedad De Valores, S.A
Manuel CoelhoCaixa Banco BPI