Stock Analysis
Enel (BIT:ENEL) Full Year 2023 Results
Key Financial Results
- 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.
- EPS: €0.36 (up from €0.34 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Enel Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 17%. Earnings per share (EPS) also missed analyst estimates by 47%.
Looking ahead, 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.
Performance of the market in Italy.
The company's shares are up 5.2% from a week ago.
Risk Analysis
It's necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Enel (at least 1 which is a bit concerning), and understanding them should be part of your investment process.
Valuation is complex, but we're helping make it simple.
Find out whether Enel is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
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About BIT:ENEL
Enel
Enel SpA operates as an integrated operator in electricity and gas industries worldwide.
Good value with proven track record and pays a dividend.