Financials Enel SpA Mexican S.E.

Equities

ENEL N

IT0003128367

Electric Utilities

End-of-day quote Mexican S.E. 06:00:00 2023-05-08 pm EDT 5-day change 1st Jan Change
118.9 MXN +14.45% Intraday chart for Enel SpA -.--% -.--%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 71,884 84,112 71,600 51,104 68,361 69,928 - -
Enterprise Value (EV) 1 117,059 129,527 123,552 111,172 128,524 124,115 124,838 123,891
P/E ratio 15 x 31.8 x 22.7 x 33.5 x 21 x 10.3 x 10.2 x 9.96 x
Yield 4.52% 4.33% 5.39% 7.95% 6.39% 6.64% 6.85% 7.05%
Capitalization / Revenue 0.89 x 1.29 x 0.81 x 0.36 x 0.72 x 0.74 x 0.75 x 0.76 x
EV / Revenue 1.46 x 1.99 x 1.4 x 0.79 x 1.34 x 1.32 x 1.34 x 1.34 x
EV / EBITDA 6.54 x 7.22 x 6.43 x 5.65 x 5.85 x 5.5 x 5.51 x 5.35 x
EV / FCF 68.9 x 98.8 x -42.2 x -19.6 x 67.4 x 22.7 x 26 x 21.2 x
FCF Yield 1.45% 1.01% -2.37% -5.1% 1.48% 4.4% 3.85% 4.72%
Price to Book 2.41 x 2.97 x 2.41 x 1.78 x 2.15 x 2.03 x 1.89 x 1.68 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 6.789 6.789 6.789
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 94,055 93,491 92,283
EBITDA 1 17,905 17,940 19,210 19,683 21,969 22,551 22,646 23,165
EBIT 1 6,878 8,368 7,680 11,193 14,042 14,775 14,716 14,989
Operating Margin 8.56% 12.88% 8.73% 7.97% 14.69% 15.71% 15.74% 16.24%
Earnings before Tax (EBT) 1 4,312 5,463 5,500 8,741 7,416 11,747 11,734 12,133
Net income 1 2,174 2,610 3,189 1,682 3,438 6,711 6,745 6,874
Net margin 2.71% 4.02% 3.62% 1.2% 3.6% 7.14% 7.21% 7.45%
EPS 2 0.4700 0.2600 0.3100 0.1500 0.3200 0.6586 0.6667 0.6816
Free Cash Flow 1 1,700 1,311 -2,928 -5,673 1,906 5,466 4,806 5,852
FCF margin 2.12% 2.02% -3.33% -4.04% 1.99% 5.81% 5.14% 6.34%
FCF Conversion (EBITDA) 9.49% 7.31% - - 8.68% 24.24% 21.22% 25.26%
FCF Conversion (Net income) 78.2% 50.23% - - 55.44% 81.44% 71.26% 85.13%
Dividend per Share 2 0.3200 0.3580 0.3800 0.4000 0.4300 0.4506 0.4651 0.4784
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 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 S1 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 33,375 29,853 30,092 34,958 32,300 - 40,919 32,340 26,414 20,681 47,095 22,439 26,031 19,432 25,964 - 21,632 32,467 - -
EBITDA 1 8,794 8,360 6,579 4,486 3,812 8,298 4,373 7,012 5,463 5,276 10,739 5,647 5,583 6,094 5,136 11,470 - - - -
EBIT 4,543 4,371 1,426 2,679 1,223 3,902 1,619 5,672 2,951 3,174 6,125 3,710 4,207 4,001 - 7,578 - - - -
Operating Margin 13.61% 14.64% 4.74% 7.66% 3.79% - 3.96% 17.54% 11.17% 15.35% 13.01% 16.53% 16.16% 20.59% - - - - - -
Earnings before Tax (EBT) 3,437 3,448 570 2,311 633 2,944 909 4,888 - 2,433 4,531 - - 3,268 - - - - - -
Net income 1,947 1,778 684 1,430 263 1,693 66 -77 - 1,479 2,513 1,740 - 1,931 - - - - - -
Net margin 5.83% 5.96% 2.27% 4.09% 0.81% - 0.16% -0.24% - 7.15% 5.34% 7.75% - 9.94% - - - - - -
EPS 2 0.1900 0.1700 0.0600 0.1400 0.0200 - 0.0100 -0.0200 0.1000 0.1400 - 0.1700 -0.0900 0.1900 0.2070 - 0.2220 0.0364 - -
Dividend per Share 2 - - 0.1900 - 0.2000 - 0.1000 0.1000 - - - - 0.2150 - 0.1151 - 0.1151 0.1151 0.1203 0.1203
Announcement Date 7/29/20 7/29/21 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 5/9/24 - - - - - -
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 54,187 54,910 53,963
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 2.523 x 2.531 x 2.704 x 3.052 x 2.739 x 2.403 x 2.425 x 2.33 x
Free Cash Flow 1 1,700 1,311 -2,928 -5,673 1,906 5,466 4,807 5,852
ROE (net income / shareholders' equity) 15.4% 17.7% 19.3% 18.5% 21.5% 20.2% 19.1% 18.4%
ROA (Net income/ Total Assets) 2.83% 3.1% 3.02% 2.53% 3.14% 3.54% 3.51% 3.54%
Assets 1 76,811 84,090 105,595 66,543 109,644 189,714 192,211 194,187
Book Value Per Share 2 2.930 2.790 2.920 2.820 3.130 3.340 3.600 4.030
Cash Flow per Share 2 1.090 1.150 0.9800 0.8500 1.360 1.490 1.530 1.510
Capex 1 10,000 10,197 12,997 14,347 12,714 11,098 11,372 11,408
Capex / Sales 12.45% 15.69% 14.77% 10.21% 13.3% 11.8% 12.16% 12.36%
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
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
23
Last Close Price
6.789 EUR
Average target price
7.557 EUR
Spread / Average Target
+11.31%
Consensus