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ENA

ENEAWSE:ENA Stock Report

Market Cap

zł3.8b

7D

-9.9%

1Y

32.3%

Updated

08 Dec, 2021

Data

Company Financials +
ENA fundamental analysis
Snowflake Score
Valuation0/6
Future Growth3/6
Past Performance0/6
Financial Health6/6
Dividends0/6

ENA Stock Overview

Enea S.A., together with its subsidiaries, generates, transmits, distributes, and trades in electricity in Poland.

Rewards

Earnings are forecast to grow 8.67% per year

Risk Analysis

No risks detected for ENA from our risk checks.

ENEA Competitors

PGE Polska Grupa Energetyczna

WSE:PGE

zł15.2b

TAURON Polska Energia

WSE:TPE

zł4.7b

Energa

WSE:ENG

zł3.2b

Zespól Elektrowni Patnów-Adamów-Konin

WSE:ZEP

zł958.0m

Price History & Performance

Summary of all time highs, changes and price drops for ENEA
Historical stock prices
Current Share Pricezł8.56
52 Week Highzł10.83
52 Week Lowzł5.92
Beta1.12
1 Month Change-19.67%
3 Month Change-11.07%
1 Year Change32.33%
3 Year Change-16.37%
5 Year Change-11.90%
Change since IPO-24.16%

Recent News & Updates

Shareholder Returns

ENAPL Electric UtilitiesPL Market
7D-9.9%-6.1%0.2%
1Y32.3%21.5%15.8%

Return vs Industry: ENA exceeded the Polish Electric Utilities industry which returned 23.2% over the past year.

Return vs Market: ENA exceeded the Polish Market which returned 16.2% over the past year.

Price Volatility

Is ENA's price volatile compared to industry and market?
ENA volatility
ENA Average Weekly Movement5.7%
Electric Utilities Industry Average Movement5.2%
Market Average Movement5.5%
10% most volatile stocks in PL Market10.6%
10% least volatile stocks in PL Market3.3%

Stable Share Price: ENA is not significantly more volatile than the rest of Polish stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: ENA's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
190417,523Pawel Szczeszekhttps://www.enea.pl

Enea S.A., together with its subsidiaries, generates, transmits, distributes, and trades in electricity in Poland. It generates electricity from wind farms, and hydropower and biogas plants, as well as hard coal. The company sells electricity to 2.4 million customers, including individual consumers, and small and medium-sized companies, as well as large industrial plants.

ENEA Fundamentals Summary

How do ENEA's earnings and revenue compare to its market cap?
ENA fundamental statistics
Market Capzł3.78b
Earnings (TTM)-zł1.47b
Revenue (TTM)zł19.05b

0.2x

P/S Ratio

-2.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ENA income statement (TTM)
Revenuezł19.05b
Cost of Revenuezł12.48b
Gross Profitzł6.57b
Expenseszł8.04b
Earnings-zł1.47b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-3.33
Gross Margin34.50%
Net Profit Margin-7.72%
Debt/Equity Ratio50.0%

How did ENA perform over the long term?

See historical performance and comparison

Valuation

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

0.29x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: ENA (PLN8.56) is trading above our estimate of fair value (PLN1.61)

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


Price To Earnings Ratio

PE vs Industry: ENA is unprofitable, so we can't compare its PE Ratio to the European Electric Utilities industry average.

PE vs Market: ENA is unprofitable, so we can't compare its PE Ratio to the Polish market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ENA's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ENA's PB Ratio (0.3x) is in line with the PL Electric Utilities industry average.


Future Growth

How is ENEA forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

8.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ENA is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.5%).

Earnings vs Market: ENA is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: ENA's is expected to become profitable in the next 3 years.

Revenue vs Market: ENA's revenue is expected to decline over the next 3 years (-7.5% per year).

High Growth Revenue: ENA's revenue is forecast to decline over the next 3 years (-7.5% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ENA's Return on Equity is forecast to be low in 3 years time (5.2%).


Past Performance

How has ENEA performed over the past 5 years?

-40.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ENA is currently unprofitable.

Growing Profit Margin: ENA is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ENA is unprofitable, and losses have increased over the past 5 years at a rate of 40.3% per year.

Accelerating Growth: Unable to compare ENA's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ENA is unprofitable, making it difficult to compare its past year earnings growth to the Electric Utilities industry (12.6%).


Return on Equity

High ROE: ENA has a negative Return on Equity (-10.18%), as it is currently unprofitable.


Financial Health

How is ENEA's financial position?


Financial Position Analysis

Short Term Liabilities: ENA's short term assets (PLN9.2B) exceed its short term liabilities (PLN8.3B).

Long Term Liabilities: ENA's short term assets (PLN9.2B) exceed its long term liabilities (PLN8.8B).


Debt to Equity History and Analysis

Debt Level: ENA's net debt to equity ratio (19.7%) is considered satisfactory.

Reducing Debt: ENA's debt to equity ratio has reduced from 52.5% to 50% over the past 5 years.

Debt Coverage: ENA's debt is well covered by operating cash flow (69.6%).

Interest Coverage: ENA's interest payments on its debt are well covered by EBIT (10.2x coverage).


Balance Sheet


Dividend

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

0.77%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate ENA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate ENA's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if ENA's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ENA's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: ENA is not paying a notable dividend for the Polish market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ENA's dividend in 3 years as they are not forecast to pay a notable one for the Polish market.


Next Steps

Management

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

1.3yrs

Average management tenure


CEO

Pawel Szczeszek

1.5yrs

Tenure

zł446,369

Compensation

Mr. Pawel Szczeszek is the President of management Board at ENEA S.A. since June 30, 2020. He had been the Member of Supervisory Board at ENEA S.A. since May 27, 2020 until June 30, 2020. He had been the P...


Leadership Team

Experienced Management: ENA's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

Experienced Board: ENA's board of directors are not considered experienced ( 2.6 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

ENEA S.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: ENEA S.A.
  • Ticker: ENA
  • Exchange: WSE
  • Founded: 1904
  • Industry: Electric Utilities
  • Sector: Utilities
  • Market Cap: zł3.777b
  • Shares outstanding: 441.44m
  • Website: https://www.enea.pl

Number of Employees


Location

  • ENEA S.A.
  • ul. Górecka 1
  • Poznan
  • 60-201
  • Poland

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/12/08 22:01
End of Day Share Price2021/12/08 00:00
Earnings2021/06/30
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.