Enel SpA

BIT-ENEL

Basic

Market Cap
€67.64B
EV
€146.91B
Shares Out
10.16B
Revenue
€87.25B
Employees
60,905

Margins

Gross
39.23%
EBITDA
20.76%
Operating
15.66%
Pre-Tax
9.84%
Net
4.97%
FCF
5.41%

Returns (5Yr Avg)

ROA
1.52%
ROTA
9%
ROE
6.33%
ROCE
7.81%
ROIC
4%

Valuation (TTM)

P/E
—
P/B
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—
EV/Gross Profit
—

Valuation (NTM)

Price Target
€7.56
P/E
—
PEG
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—

Financial Health

Cash
€6,787M
Net Debt
€68.36B
Debt/Equity
1.56
EBIT/Interest
4.19

Growth (CAGR)

Rev 3Yr
11.97%
Rev 5Yr
2.28%
Rev 10Yr
1.64%
Dil EPS 3Yr
17.44%
Dil EPS 5Yr
-3.09%
Dil EPS 10Yr
1.9%
Rev Fwd 2Yr
-1.07%
EBITDA Fwd 2Yr
1.53%
EPS Fwd 2Yr
4.89%
EPS LT Growth Est
1.46%

Dividends

Yield
—
Payout
95.85%
DPS
€0.43
DPS Growth 3Yr
6.3%
DPS Growth 5Yr
8.96%
DPS Growth 10Yr
12.71%
DPS Growth Fwd 2Yr
4%

Metric	Dec '14	Dec '15	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23	LTM
Operating Revenues						77,366	63,642	81,900	135,653	92,882	85,900
Other Revenues, Total						1,104	—	1,323	2,303	1,345	1,345
Total Revenues						78,470	63,642	83,223	137,956	94,227	87,245
Total Revenues % Chg.						5.9%	-18.9%	30.8%	65.8%	-31.7%	-33%
Cost of Goods Sold, Total						54,181	41,611	63,775	113,206	60,655	53,020
Gross Profit						24,289	22,031	19,448	24,750	33,572	34,225
Selling General & Admin Expenses, Total						5,050	4,264	4,566	5,244	5,308	5,308
Provision for Bad Debts	—	—	—	—		1,037	1,285	1,083	1,110	1,174	1,174
Depreciation & Amortization						5,750	5,343	5,592	6,086	6,353	6,353
Other Operating Expenses						2,303	1,471	-1,168	1,532	7,957	7,724
Other Operating Expenses, Total						14,140	12,363	10,073	13,972	20,792	20,559
Operating Income						10,149	9,668	9,375	10,778	12,780	13,666
Interest Expense, Total						-2,599	-2,327	-2,333	-2,628	-3,524	-3,262
Interest And Investment Income						288	179	203	360	627	447
Net Interest Expenses						-2,311	-2,148	-2,130	-2,268	-2,897	-2,815
Income (Loss) On Equity Invest.						-122	-299	571	-60	-41	-52
Currency Exchange Gains (Loss)						-314	937	-1,339	110	749	749
Other Non Operating Income (Expenses)						625	72	836	-560	-1,483	-1,483
EBT, Excl. Unusual Items						8,027	8,230	7,313	8,000	9,108	10,065
Restructuring Charges						-101	-1,034	-805	171	-256	-256
Merger & Related Restructuring Charges	—	—	—	—	—	—	—	—	—	—	154
Impairment of Goodwill				—	—	—	-274	—	—	—	—
Gain (Loss) On Sale Of Investments						-105	22	—	-363	-244	-244
Gain (Loss) On Sale Of Assets						147	8	1,765	1,940	468	468
Asset Writedown						-3,932	-1,546	-2,915	-1,361	-1,736	-1,732
Insurance Settlements					—	—	—	—	—	—	—
Legal Settlements		—		—	—	—	—	—	—	—	—
Other Unusual Items	—	—	—	—		276	57	20	290	76	131
EBT, Incl. Unusual Items						4,312	5,463	5,378	8,677	7,416	8,586
Income Tax Expense						836	1,841	1,620	3,523	2,778	3,098
Earnings From Continuing Operations						3,476	3,622	3,758	5,154	4,638	5,488
Earnings Of Discontinued Operations	—	—	—	—	—	—	—	92	-1,891	-375	-385
Minority Interest						-1,302	-1,012	-661	-1,581	-825	-768
Net Income						2,174	2,610	3,189	1,682	3,438	4,335
Preferred Dividend and Other Adjustments	—	—	—	—	—	—	—	71	123	182	182
Net Income to Common Incl Extra Items						2,174	2,610	3,118	1,559	3,256	4,153
Net Income to Common Excl. Extra Items						2,174	2,610	3,026	3,450	3,631	4,538
Total Shares Outstanding						10,165.1	10,163.4	10,161.8	10,159.5	10,157.4	10,163.2
Weighted Avg. Shares Outstanding						10,166.3	10,164.6	10,162.6	10,160.5	10,159.4	10,115.2
Weighted Avg. Shares Outstanding Dil						10,166.3	10,164.6	10,162.6	10,160.5	10,159.4	10,115.2
EPS						0.2	0.3	0.3	0.2	0.3	0.4
EPS Diluted						0.2	0.3	0.3	0.2	0.3	0.4
EBITDA						15,899	15,011	13,976	16,948	17,400	18,116
Effective Tax Rate						19.4%	33.7%	30.1%	40.6%	37.5%	36.1%