Company Valuation: Enel SpA

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 71,600 51,104 68,361 69,925 89,064 98,607 - -
Change - -28.63% 33.77% 2.29% 27.37% 10.72% - -
Enterprise Value (EV) 1 123,552 111,172 128,524 125,692 146,246 163,038 169,171 173,967
Change - -10.02% 15.61% -2.2% 16.35% 11.48% 3.76% 2.83%
P/E 22.7x 33.5x 21x 10.3x 22.8x 13.7x 13.1x 12.6x
PBR 2.41x 1.78x 2.15x 2.07x 2.78x 2.94x 2.82x 2.66x
PEG - -0.6x 0x 0x -0.5x 0.2x 2.96x 2.94x
Capitalization / Revenue 0.81x 0.36x 0.72x 0.89x 1.11x 1.17x 1.16x 1.13x
EV / Revenue 1.4x 0.79x 1.34x 1.59x 1.82x 1.94x 1.99x 2x
EV / EBITDA 6.43x 5.65x 5.85x 5.51x 6.39x 6.89x 6.88x 6.8x
EV / EBIT 16.1x 9.93x 9.15x 8.52x 9.87x 10.6x 10.5x 10.5x
EV / FCF -42.2x -19.6x 67.4x 52.3x 44.9x -135x -146x 80.9x
FCF Yield -2.37% -5.1% 1.48% 1.91% 2.23% -0.74% -0.68% 1.24%
Dividend per Share 2 0.38 0.4 0.43 0.47 0.49 0.5142 0.5416 0.5709
Rate of return 5.39% 7.95% 6.39% 6.83% 5.52% 5.17% 5.45% 5.75%
EPS 2 0.31 0.15 0.32 0.67 0.39 0.7262 0.7583 0.7908
Distribution rate 123% 267% 134% 70.1% 126% 70.8% 71.4% 72.2%
Net sales 1 88,006 140,517 95,565 78,947 80,346 84,033 84,840 86,999
EBITDA 1 19,210 19,683 21,969 22,801 22,874 23,646 24,578 25,573
EBIT 1 7,680 11,193 14,042 14,761 14,814 15,386 16,060 16,594
Net income 1 3,189 1,682 3,438 7,016 4,261 7,241 7,481 7,760
Net Debt 1 51,952 60,068 60,163 55,767 57,182 64,430 70,564 75,359
Reference price 2 7.046 5.030 6.730 6.886 8.877 9.937 9.937 9.937
Nbr of stocks (in thousands) 10,161,791 10,159,782 10,157,604 10,154,600 10,033,125 9,923,264 - -
Announcement Date 3/17/22 3/16/23 3/21/24 3/13/25 3/19/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
32.1x5.46x39.95x0.2% 264B
21.03x9.09x15.44x2.91% 177B
20.35x4.22x11.58x3.5% 155B
13.83x1.95x6.94x5.12% 115B
20.67x5.94x13.17x3.27% 107B
18.49x5.64x11.29x3.51% 97.35B
21.16x3.19x13.52x0.63% 95.62B
19.6x5.1x12.33x3.07% 68.45B
18.73x6.22x13.34x3.96% 59.27B
Average 20.66x 5.20x 15.28x 2.91% 126.46B
Weighted average by Cap. 22.33x 5.39x 18.71x 2.55%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield