Endesa, S.A.

BME:ELE Stock Report

Market Cap: €36.3b

Endesa Valuation

Is ELE undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of ELE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: ELE (€34.97) is trading below our estimate of future cash flow value (€37.79)

Significantly Below Future Cash Flow Value: ELE is trading below future cash flow value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ELE?

Key metric: As ELE is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for ELE. This is calculated by dividing ELE's market cap by their current earnings.
What is ELE's PE Ratio?
PE Ratio16.5x
Earnings€2.20b
Market Cap€36.33b

Price to Earnings Ratio vs Peers

How does ELE's PE Ratio compare to its peers?

The above table shows the PE ratio for ELE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average16x
RED Redeia Corporación
16.5x3.52%€8.3b
IBE Iberdrola
21.3x6.03%€133.7b
ANA Acciona
14.4x-17.58%€12.0b
NTGY Naturgy Energy Group
11.9x-3.23%€24.1b
ELE Endesa
16.5x0.72%€36.3b

Price-To-Earnings vs Peers: ELE is expensive based on its Price-To-Earnings Ratio (16.5x) compared to the peer average (16x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does ELE's PE Ratio compare vs other companies in the European Electric Utilities Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
ELE 16.5xIndustry Avg. 15.7xNo. of Companies18PE0816243240+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: ELE is expensive based on its Price-To-Earnings Ratio (16.5x) compared to the European Electric Utilities industry average (15.6x).

Price to Earnings Ratio vs Fair Ratio

What is ELE's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ELE PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio16.5x
Fair PE Ratio18.3x

Price-To-Earnings vs Fair Ratio: ELE is good value based on its Price-To-Earnings Ratio (16.5x) compared to the estimated Fair Price-To-Earnings Ratio (18.3x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst ELE forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€34.97
€29.95
-14.37%
12.01%€37.00€23.70n/a22
Feb ’27€31.09
€28.62
-7.94%
10.51%€33.50€20.40n/a23
Jan ’27€30.63
€27.85
-9.09%
11.50%€33.50€20.00n/a22
Dec ’26€30.82
€27.27
-11.53%
11.24%€32.50€20.00n/a22
Nov ’26€31.09
€26.86
-13.61%
10.26%€30.20€20.00n/a22
Oct ’26€27.50
€25.98
-5.52%
11.09%€30.20€20.00n/a22
Sep ’26€25.86
€25.98
+0.47%
11.23%€30.20€20.00n/a22
Aug ’26€25.37
€26.20
+3.27%
10.80%€30.20€20.00n/a21
Jul ’26€27.07
€26.07
-3.68%
10.44%€30.20€20.00n/a22
Jun ’26€26.88
€25.72
-4.32%
9.72%€28.80€20.00n/a22
May ’26€26.50
€24.79
-6.45%
9.17%€28.00€20.00n/a21
Apr ’26€24.65
€24.24
-1.67%
9.35%€28.00€20.00n/a21
Mar ’26€21.43
€23.33
+8.87%
9.47%€27.00€20.00n/a20
Feb ’26€21.37
€23.13
+8.24%
9.48%€27.00€19.50€31.0921
Jan ’26€20.77
€22.75
+9.54%
8.47%€26.00€19.50€30.6321
Dec ’25€20.74
€22.18
+6.94%
9.46%€26.00€19.50€30.8221
Nov ’25€19.95
€21.66
+8.60%
8.40%€25.30€19.50€31.0921
Oct ’25€19.80
€21.53
+8.72%
9.27%€25.30€18.50€27.5021
Sep ’25€19.10
€21.21
+11.03%
9.90%€25.30€18.00€25.8621
Aug ’25€17.97
€21.20
+17.96%
9.99%€25.30€18.00€25.3721
Jul ’25€17.82
€20.87
+17.17%
10.84%€25.30€17.20€27.0721
Jun ’25€18.30
€20.74
+13.31%
10.90%€25.30€17.20€26.8821
May ’25€17.10
€21.08
+23.27%
12.15%€25.60€17.20€26.5021
Apr ’25€17.17
€21.16
+23.25%
13.06%€25.60€16.30€24.6521
Mar ’25€16.19
€21.56
+33.20%
12.18%€25.60€16.30€21.4321
Feb ’25€18.09
€22.27
+23.09%
9.04%€25.60€18.30€21.3721
€29.95
Fair Value
16.8% overvalued intrinsic discount
22
Number of Analysts

Analyst Forecast: Target price is lower than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/02/26 01:07
End of Day Share Price 2026/02/26 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

Endesa, S.A. is covered by 40 analysts. 20 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Flora Mericia TrindadeBanco BPI, S.A.
Virginia RomeroBanco de Sabadell. S.A.
null nullBanco de Sabadell. S.A.