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Market Cap

€87.9b

Last Updated

2021/04/09 17:33 UTC

Data Sources

Company Financials +

Executive Summary

Enel SpA operates as an integrated electricity and gas operator worldwide. More Details


Snowflake Analysis

Proven track record average dividend payer.


Similar Companies

Share Price & News

How has Enel's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ENEL is less volatile than 75% of Italian stocks over the past 3 months, typically moving +/- 3% a week.

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


Market Performance


7 Day Return

1.9%

ENEL

2.7%

IT Electric Utilities

-0.2%

IT Market


1 Year Return

33.2%

ENEL

34.8%

IT Electric Utilities

32.3%

IT Market

Return vs Industry: ENEL underperformed the Italian Electric Utilities industry which returned 34.8% over the past year.

Return vs Market: ENEL matched the Italian Market which returned 32.3% over the past year.


Shareholder returns

ENELIndustryMarket
7 Day1.9%2.7%-0.2%
30 Day4.6%8.0%2.8%
90 Day-3.8%-6.1%8.2%
1 Year38.6%33.2%39.5%34.8%36.1%32.3%
3 Year92.8%68.0%76.0%57.1%8.8%-1.7%
5 Year186.4%125.7%110.8%67.5%37.5%6.7%

Long-Term Price Volatility Vs. Market

How volatile is Enel's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

33.05x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: ENEL (€8.59) is trading above our estimate of fair value (€6.02)

Significantly Below Fair Value: ENEL is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: ENEL is poor value based on its PE Ratio (33.1x) compared to the XE Electric Utilities industry average (12.9x).

PE vs Market: ENEL is poor value based on its PE Ratio (33.1x) compared to the Italian market (20.1x).


Price to Earnings Growth Ratio

PEG Ratio: ENEL is poor value based on its PEG Ratio (2.6x)


Price to Book Ratio

PB vs Industry: ENEL is overvalued based on its PB Ratio (3.1x) compared to the XE Electric Utilities industry average (0.9x).


Future Growth

How is Enel forecast to perform in the next 1 to 3 years based on estimates from 20 analysts?

12.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ENEL's forecast earnings growth (12.6% per year) is above the savings rate (1.9%).

Earnings vs Market: ENEL's earnings (12.6% per year) are forecast to grow slower than the Italian market (21.1% per year).

High Growth Earnings: ENEL's earnings are forecast to grow, but not significantly.

Revenue vs Market: ENEL's revenue (5.8% per year) is forecast to grow faster than the Italian market (3.2% per year).

High Growth Revenue: ENEL's revenue (5.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ENEL's Return on Equity is forecast to be low in 3 years time (17.9%).


Past Performance

How has Enel performed over the past 5 years?

5.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ENEL has a large one-off loss of €1.7B impacting its December 31 2020 financial results.

Growing Profit Margin: ENEL's current net profit margins (4.2%) are higher than last year (2.8%).


Past Earnings Growth Analysis

Earnings Trend: ENEL's earnings have grown by 5.1% per year over the past 5 years.

Accelerating Growth: ENEL's earnings growth over the past year (20.1%) exceeds its 5-year average (5.1% per year).

Earnings vs Industry: ENEL earnings growth over the past year (20.1%) exceeded the Electric Utilities industry 5.7%.


Return on Equity

High ROE: ENEL's Return on Equity (8.6%) is considered low.


Financial Health

How is Enel's financial position?


Financial Position Analysis

Short Term Liabilities: ENEL's short term assets (€34.6B) do not cover its short term liabilities (€41.8B).

Long Term Liabilities: ENEL's short term assets (€34.6B) do not cover its long term liabilities (€79.3B).


Debt to Equity History and Analysis

Debt Level: ENEL's debt to equity ratio (134.7%) is considered high.

Reducing Debt: ENEL's debt to equity ratio has increased from 102.8% to 134.7% over the past 5 years.

Debt Coverage: ENEL's debt is well covered by operating cash flow (20.2%).

Interest Coverage: ENEL's interest payments on its debt are not well covered by EBIT (2.3x coverage).


Balance Sheet


Dividend

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

4.26%

Current Dividend Yield


Upcoming Dividend Payment

TodayApr 10 2021Ex Dividend DateJul 19 2021Dividend Pay DateJul 21 20212 days from Ex DividendBuy in the next 99 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: ENEL's dividend (4.26%) is higher than the bottom 25% of dividend payers in the Italian market (1.38%).

High Dividend: ENEL's dividend (4.26%) is in the top 25% of dividend payers in the Italian market (4%)


Stability and Growth of Payments

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

Growing Dividend: ENEL's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (137.7%), ENEL's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: ENEL's dividends in 3 years are forecast to be covered by earnings (69.4% payout ratio).


Next Steps

Management

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

6.5yrs

Average management tenure


CEO

Francesco Starace (65 yo)

6.92yrs

Tenure

€2,725,764

Compensation

Mr. Francesco Starace has been the Chief Executive Officer and General Manager of Enel SpA since May 27, 2014. Mr. Starace served as the Chief Executive Officer and General Manager of Enel Green Power S.p....


CEO Compensation Analysis

Compensation vs Market: Insufficient data to establish whether Francesco's total compensation is reasonable compared to companies of similar size in the Italian market.

Compensation vs Earnings: Francesco's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: ENEL's management team is seasoned and experienced (6.5 years average tenure).


Board Members

Experienced Board: ENEL's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.


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.


Top Shareholders

Company Information

Enel SpA's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Enel SpA
  • Ticker: ENEL
  • Exchange: BIT
  • Founded: 1962
  • Industry: Electric Utilities
  • Sector: Utilities
  • Market Cap: €87.924b
  • Shares outstanding: 10.16b
  • Website: https://www.enel.com

Number of Employees


Location

  • Enel SpA
  • Viale Regina Margherita, 137
  • Rome
  • Rome
  • 198
  • Italy

Listings


Biography

Enel SpA operates as an integrated electricity and gas operator worldwide. The company generates, transmits, distributes, purchases, transports, and sells electricity; transports and markets natural gas; s...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/09 17:33
End of Day Share Price2021/04/09 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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 here.