Financials Enel S.p.A.

Equities

ENEL

IT0003128367

Electric Utilities

Market Closed - Borsa Italiana 11:44:59 2024-04-26 am EDT 5-day change 1st Jan Change
6.13 EUR +1.16% Intraday chart for Enel S.p.A. +2.94% -8.92%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 71,884 84,112 71,600 51,104 68,361 62,260 - -
Enterprise Value (EV) 1 117,059 129,527 123,552 111,172 128,524 116,538 116,706 115,146
P/E ratio 15 x 31.8 x 22.7 x 33.5 x 21 x 9.26 x 9.19 x 9.01 x
Yield 4.52% 4.33% 5.39% 7.95% 6.39% 7.4% 7.62% 7.79%
Capitalization / Revenue 0.89 x 1.29 x 0.81 x 0.36 x 0.72 x 0.63 x 0.65 x 0.61 x
EV / Revenue 1.46 x 1.99 x 1.4 x 0.79 x 1.34 x 1.17 x 1.22 x 1.14 x
EV / EBITDA 6.54 x 7.22 x 6.43 x 5.65 x 5.85 x 5.18 x 5.18 x 4.96 x
EV / FCF 68.9 x 98.8 x -42.2 x -19.6 x 67.4 x 19.6 x 21.8 x 16.3 x
FCF Yield 1.45% 1.01% -2.37% -5.1% 1.48% 5.1% 4.59% 6.14%
Price to Book 2.41 x 2.97 x 2.41 x 1.78 x 2.15 x 1.84 x 1.71 x 1.5 x
Nbr of stocks (in thousands) 10,164,612 10,163,411 10,161,791 10,159,782 10,157,604 10,156,595 - -
Reference price 2 7.072 8.276 7.046 5.030 6.730 6.130 6.130 6.130
Announcement Date 3/19/20 3/18/21 3/17/22 3/16/23 3/21/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 80,327 64,985 88,006 140,517 95,565 99,450 95,419 101,386
EBITDA 1 17,905 17,940 19,210 19,683 21,969 22,489 22,540 23,223
EBIT 1 6,878 8,368 7,680 11,193 14,042 14,653 14,655 14,844
Operating Margin 8.56% 12.88% 8.73% 7.97% 14.69% 14.73% 15.36% 14.64%
Earnings before Tax (EBT) 1 4,312 5,463 5,500 8,741 7,416 11,647 11,704 12,084
Net income 1 2,174 2,610 3,189 1,682 3,438 6,714 6,731 6,897
Net margin 2.71% 4.02% 3.62% 1.2% 3.6% 6.75% 7.05% 6.8%
EPS 2 0.4700 0.2600 0.3100 0.1500 0.3200 0.6617 0.6671 0.6804
Free Cash Flow 1 1,700 1,311 -2,928 -5,673 1,906 5,942 5,354 7,069
FCF margin 2.12% 2.02% -3.33% -4.04% 1.99% 5.98% 5.61% 6.97%
FCF Conversion (EBITDA) 9.49% 7.31% - - 8.68% 26.42% 23.75% 30.44%
FCF Conversion (Net income) 78.2% 50.23% - - 55.44% 88.51% 79.53% 102.49%
Dividend per Share 2 0.3200 0.3580 0.3800 0.4000 0.4300 0.4535 0.4670 0.4777
Announcement Date 3/19/20 3/18/21 3/17/22 3/16/23 3/21/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2020 S1 2021 S1 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 33,375 29,853 28,061 30,092 34,958 32,300 - 40,919 32,340 26,414 20,681 47,095 22,439 26,031 26,971 23,405 21,328 32,005 -
EBITDA 1 8,794 8,360 4,271 6,579 4,486 3,812 8,298 4,373 7,012 5,463 5,276 10,739 5,647 5,583 5,814 - - - -
EBIT 1 4,543 4,371 1,883 1,426 2,679 1,223 3,902 1,619 5,672 2,951 3,174 6,125 3,710 4,207 3,880 - - - -
Operating Margin 13.61% 14.64% 6.71% 4.74% 7.66% 3.79% - 3.96% 17.54% 11.17% 15.35% 13.01% 16.53% 16.16% 14.39% - - - -
Earnings before Tax (EBT) 3,437 3,448 1,482 570 2,311 633 2,944 909 4,888 - 2,433 4,531 - - - - - - -
Net income 1,947 1,778 727 684 1,430 263 1,693 66 -77 - 1,479 2,513 1,740 - - - - - -
Net margin 5.83% 5.96% 2.59% 2.27% 4.09% 0.81% - 0.16% -0.24% - 7.15% 5.34% 7.75% - - - - - -
EPS 0.1900 0.1700 0.0800 0.0600 0.1400 0.0200 - 0.0100 -0.0200 0.1000 0.1400 - 0.1700 -0.0900 - - - - -
Dividend per Share 2 - - - 0.1900 - 0.2000 - 0.1000 0.1000 - - - - - 0.1153 0.1153 0.1153 0.1153 0.1243
Announcement Date 7/29/20 7/29/21 11/4/21 3/17/22 5/4/22 7/28/22 7/28/22 11/3/22 3/16/23 5/3/23 7/27/23 7/27/23 11/7/23 3/21/24 - - - - -
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 45,175 45,415 51,952 60,068 60,163 54,278 54,446 52,887
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 2.523 x 2.531 x 2.704 x 3.052 x 2.739 x 2.414 x 2.416 x 2.277 x
Free Cash Flow 1 1,700 1,311 -2,928 -5,673 1,906 5,942 5,354 7,069
ROE (net income / shareholders' equity) 15.4% 17.7% 19.3% 18.5% 21.5% 20.5% 20% 18.7%
ROA (Net income/ Total Assets) 2.83% 3.1% 3.02% 2.53% 3.14% 3.5% 3.3% 2.97%
Assets 1 76,811 84,090 105,595 66,543 109,644 191,889 204,024 232,319
Book Value Per Share 2 2.930 2.790 2.920 2.820 3.130 3.330 3.590 4.070
Cash Flow per Share 2 1.090 1.150 0.9800 0.8500 1.360 1.450 1.530 1.510
Capex 1 10,000 10,197 12,997 14,347 12,714 11,042 11,436 11,620
Capex / Sales 12.45% 15.69% 14.77% 10.21% 13.3% 11.1% 11.98% 11.46%
Announcement Date 3/19/20 3/18/21 3/17/22 3/16/23 3/21/24 - - -
1EUR in Million2EUR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
22
Last Close Price
6.13 EUR
Average target price
7.543 EUR
Spread / Average Target
+23.05%
Consensus
  1. Stock Market
  2. Equities
  3. ENEL Stock
  4. Financials Enel S.p.A.