Stock · ENEL.MI · Utilities

Enel SpA

Italy · Large Cap · Revenue 12 mo. €74.4B

Price as of 11/06/2026

StockScorer score
7.3
of 10 8 of 11 points High Match To the score
Price
€9.69
1 Y −0.6%
Market cap
€96.1B
Phase
Decline
revenue shrinking or core business not earning
Revenue −8.7% a year (3 years)EBIT margin 13.8%Payout 48.9% of operating cash flow

Enel SpA operates as an integrated operator in the electricity and gas industries worldwide.

moreless

Enel SpA operates as an integrated operator in the electricity and gas industries worldwide. The company operates through the Thermal Generation and Trading, Enel Green Power, Enel Grids, and End-User Markets segments. It operates renewable, nuclear, wind, hydroelectric, thermal, solar, and geothermal power plants. The company also generates, distributes, transmits, and sells electricity. In addition, it provides solutions and technologies for the electrification of cities, such as smart cities and street lighting; for businesses, including energy efficiency and demand response; and for individuals, including energy efficiency solutions for houses and apartment buildings. Further, the company engages in the sale of energy commodities. The company was founded in 1962 and is headquartered in Rome, Italy.

Original text from the data provider

Summary

Enel SpA is around the middle of the Utilities sector overall

56.1 of 100

Mean of the six area values. Each area value is the mean of the stock's ranks among the companies in its sector. 50 is the middle of the sector, not a share of companies beaten.

Analysis

What the price requires

The price requires 6.6% FCF growth a year, less than achieved over the last 10 years.

If free cash flow stays at €5.4B (2025), it supports €60.2B. The remaining €35.9B of the market value assume it grows 6.6% a year for 10 years and not at all afterwards.

Required FCF growth per year

6.6%

no growth afterwards

Market value breakdown€96.1B market value, price as of 11/06/2026

€60.2B without growth
€35.9B priced-in growth
  • 10 yrs achieved 12.7%
  • priced in 6.6%

Valuation against its own history

Price to operating cash flow 7.9×, above its usual range.

Middle half of 20 quarters: 4.8× to 6.8×, median 5.9×.

Measures only against its own past, not against what the company is worth. Price as of 11/06/2026.

1 sign supports the expectation, 4 speak against it.

What supports it

with respect to the priced-in expectation

  • Expectation below the company's own record priced in 6.6%, achieved at least 12.7%

What speaks against it

with respect to the priced-in expectation

  • Earnings declined earnings −39.8% year on year
  • High leverage debt to equity 2.14
  • Share count rising despite money spent on own shares shares +6.7% year on year
1 more
  • Volatile earnings 3 drops or sign changes in up to 10 years

Since the last quarter

Q1 → Q2 2026

Mostly worse than the previous quarter: 4 of 5 changes for the worse.

  • FCF, 12 mo.€5.5B → €4.8B−12.0%worse
  • Gross margin34.1% → 22.9%−11.2 ppworse
  • EBIT margin16.5% → 17.9%+1.4 ppbetter
  • FCF margin7.5% → 6.5%−1.0 ppworse
  • Shares outstanding10.3B → 10.9B+5.5%worse

3 more unchanged: Revenue, 12 mo., Net debt, Return on equity

Derivation

How the sector comparison is derived

Each area value is the average of its metrics' ranks within the sector (0 to 100, 50 is the middle). For metrics where lower is better, the rank is mirrored. The overall value is the average of the area values.

Price as of 11/06/2026.

Profitability61.2above the middleEarns more than the sector: Return on capital (Greenblatt) 11.51%, sector 6.41%.
MetricStockSector medianPosition in sector
Return on equity13.18%9.62%Rank 81
Return on capital (Greenblatt)11.51%6.41%Rank 85
EBIT margin13.82%19.18%Rank 36
FCF margin6.94%−1.66%Rank 77
Gross margin17.70%29.12%Rank 27
Growth61.0above the middleGrows faster than the sector: Earnings growth, 3 years per year 33.06%, sector 7.55%.
MetricStockSector medianPosition in sector
Revenue growth, 1 year10.49%4.81%Rank 74
Earnings growth, 3 years per year33.06%7.55%Rank 85
Earnings growth, 5 years per year8.72%6.85%Rank 58
Sustainable growth (ROE × retained earnings)10.90%28.08%Rank 27
Valuation71.0above the middleValued lower than the sector: EV/EBIT 14.82, sector 21.24.
MetricStockSector medianPosition in sector
Earnings yield4.02%4.89%Rank 33
FCF yield5.64%−0.91%Rank 84
EV/saleslower is better2.054.63Rank 78
EV/EBITlower is better14.8221.24Rank 89
Momentum50.0around the middleShare price moving about like the sector.
MetricStockSector medianPosition in sector
Share price, 1 year−0.60%−1.83%Rank 54
Share price, 6 months1.19%0.12%Rank 56
Share price, 3 months1.64%6.83%Rank 22
Distance from 52-week high−5.71%−9.51%Rank 68
Quality51.2around the middleQuality about like the sector.
MetricStockSector medianPosition in sector
Accruals (Sloan)lower is better0.65%3.91%Rank 87
Change in share countlower is better6.67%0.35%Rank 11
Dividend streak in years98Rank 60
Price reaction to results, market-adjusted−0.07%0.04%Rank 47
Balance sheet & risk42.2around the middleRisk about like the sector.
MetricStockSector medianPosition in sector
Equity ratio17.95%28.29%Rank 11
Net debt/EBITDAlower is better2.445.05Rank 80
Debt to equitylower is better2.141.51Rank 21
Volatility, 1 yearlower is better21.11%22.48%Rank 57

Ten years in figures

Revenue from €68.6B (2016) to €78.1B (2025), 1.4% a year.

Fiscal years, amounts in EUR
YearRevenue, €BEBIT marginFCFSharesNet debt, €B
201668.613.0%€1.0B9.98B43.9
201772.713.5%€1.6B10.2B44.9
201875.013.2%€2.8B10.2B50.0
201971.89.6%€2.0B10.2B53.3
202063.613.3%€2.0B10.2B54.2
202168.411.0%−€630.0M10.2B63.8
2022102.710.9%−€4.6B10.2B78.6
202382.513.1%€1.9B10.2B68.3
202470.621.9%€4.3B10.2B63.3
202578.113.8%€5.4B10.8B63.7
7.3 / 10High MatchStockScorer score8 of 11 points

5 of 7 StockScorer Score rules met · How the score is built

Enel SpA mainly meets criteria in the Profitability category. Result from 18 strategies checked.

This stock · Profitability: 100%This stock · Growth: 50%This stock · Valuation: 100%This stock · Momentum: 0%Median of all stocks · Profitability: 33%Median of all stocks · Growth: 0%Median of all stocks · Valuation: 0%Median of all stocks · Momentum: 0%50%100%ProfitabilityGrowthValuationMomentumThis stockMedian of all stocks

How Enel SpA's score is built

Enel SpA is rated here with the StockScorer Score strategy, the flagship rule set. It compares return and cash-flow metrics with the median of the company's own sector and checks growth and price trend.

5 of 7 rules met

8 of 11 points

  1. Free cash flow yield above the sector medianmet2 of 2 points
  2. Return on capital (Greenblatt ROC) above the sector medianmet2 of 2 points
  3. Return on equity above the sector medianmet1 of 1 point
  4. Free cash flow margin above the sector medianmet2 of 2 points
  5. Revenue growth above 15%not met0 of 2 points
  6. 3-year earnings growth above 12% p.a.met1 of 1 point
  7. 12-month share price more than 20 percentage points ahead of the marketnot met0 of 1 point
  8. Exclusion: financial and real estate stocksdoes not apply

Detail data

How does Enel SpA stock perform across 18 strategies?

Excerpt from 18 strategies checked. The full evaluation is visible after a free sign-up.

12 more strategies locked

With a free account, you can see the match across all strategies checked in one complete overview.

  • Dividend Quality: 4 Factors
  • Trending Value: Value + Momentum
  • PEG Strategy (inspired by Peter Lynch)
  • Dividend Aristocrats & Continuity
  • Magic Formula: Value + Quality
  • Acquirer's Multiple: EV/EBIT Deep Value
  • Altman Z-Score: Stress Test
  • Moat Quality
  • Balanced GARP
  • High-Growth / Rule of 40
  • Levermann Strategy (13 Criteria)
  • Undervalued Stocks: Multi-Factor Check

Enel SpA key metrics: P/E, P/B and equity ratio

Selected fundamental metrics for Enel SpA.

MetricStockSector
P/E ratio24.919.8
P/B ratio3.31.9
Return on equity (ROE)13.2%9.6%
Equity ratio17.9%28.3%
Debt-to-equity (D/E)2.141.51
Dividend yield5.1%3.3%

Similar stocks in Utilities

How comparable stocks in the same sector score in the StockScorer model.

SymbolCompanyRating
ENEL.MIEnel SpAthis page
ENGI.PAEngie S.A.Low3.6
EOAN.DEE.ON SELow3.6
SRESempra EnergyLow0.0
RWE.DERWE AGlocked
IBE.MCIberdrola S.A.locked

Frequently asked questions about Enel SpA stock

How does Enel SpA stock (ENEL.MI) score in the StockScorer model?
Enel SpA stock reaches a StockScorer score of 7.3 out of 10, which is a high match with the rule-based strategies. 5 out of 7 flagship profile rules are met.
What is Enel SpA's P/E ratio?
Enel SpA's P/E ratio is 24.9. The Utilities sector median is 19.8.
What sector is Enel SpA in?
Enel SpA is assigned to the Utilities sector. Its rank within the sector is 56.1 out of 100: 100 means the stock leads its peer group of large and mid-cap sector stocks in every measured area.

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