QualityDipStocks / Utilities · Electric utilities
Enlight Renewable Energy ENLT
Outside our quality screen, so we don’t track its dips. It’s 38% below its 52-week high.
Outside our quality screen. No fair value estimate for now: its free cash flow is negative.
Worth knowing
- Down 39% from its 52-week high while revenue grew 29%
- Operating margin 68%, top 1% of the 1288 we measure
From the data on this page, as of the last close. How we pick these
- Fair value est.
- n/a
- Market Value
- —
- Off 52-wk high
- −38%
- Risk vs market
- Highbeta 2.11
5 bullish · 5 bearish See why
Repriced or dip?
Mixed signals
The price is 38% below its 52-week high (May 29), but the business held up: operating margin 0.0 pts.
Some numbers held up (operating margin 0.0 pts), others slipped (shares outstanding more shares, each owns less). The price is 38% below its 52-week high.
The price is 38% below its 52-week high, and the business changed too: shares outstanding more shares, each owns less.
Within 10% of its 52-week high, so there is no dip to judge yet.
The evidence 7 numbers, high vs now
- Revenue, last 12 months$489M → $489M (0.0%)about the same
- Earnings per share, 12 months$1.00 → $0.94 (−5.2%)about the same
- Operating margin68.0% → 68.0% (0.0 pts)held up
- Shares outstanding+5.5% (more shares, each owns less)changed
- Stock vs its sector (Utilities)stock −38%, sector median +2% since May 29changed
- Price fall vs business numbersprice −38%, revenue/EPS/FCF median −3% (shown, not scored)
- Valuation multipleP/E 107.8× at the high → 70.4× now (shown, not scored)
No new report since the high (May 29, 2026): the business numbers are the same as then, so this read is capped at 65. Each measure is scored from −1 (business changed) to +1 (business intact) and weighted: revenue, earnings per share, free cash flow, operating margin, revenue growth rate, share count, net cash and the move vs its sector. 60 or more reads as a dip, 40 or less as a repricing. Analyst estimates are not in our data, so they are not used. How to read it
Data-based read, not advice.
Priced in
How much growth the market assumed at the 52-week high, the low and today (a reverse DCF).
52-wk high: P/E 107.8×; now: P/E 70.4×.
| High | Now | |
|---|---|---|
| Price | $107.42May 29 | $66.49 |
| Implied growth | n/a | n/a |
| P/E | 107.8× | 70.4× |
What this means: a lower P/E than at the high means you pay less for each dollar of profit than buyers did then.
How it’s computed
Reverse DCF: the same 10-year free-cash-flow model as our fair value estimate (9.5% discount rate, growth for years 1–5 fading to 3% by year 10, 3% after), solved for the growth that makes it equal the market value at each price. For the high and the low we use only the filings that were public on that day, so nothing from a later report leaks back. Market value = that close × diluted shares. P/E = market value / 12-month net income; Price / FCF = market value / 12-month free cash flow; EV / Sales = (market value + debt − cash) / 12-month revenue. Hidden when the share count moved over 20% (split, merger), free cash flow is negative, or the company reports in another currency.
Valuation
What we estimate it's worth, and how it ranks on value vs every stock we cover.
Fair value estimate
No estimate for ENLT: negative free cash flow. We’d rather show nothing than a made-up number.
Risk vs market
How risk vs market is measured
One year of daily returns (Oct 31 to Nov 2, 252 sessions). Beta = how much ENLT moved for each 1% move in the S&P 500 (SPY); 1.0 moves with the market. Volatility is the yearly standard deviation of daily returns. Past behavior, not a forecast.
Swings much more than the market, and its own price swings are 4.7× the S&P 500’s.
- Beta vs S&P 500
- 2.11
- Volatility
- 60% vs 13% SPY
- Correlation SPY
- 0.45
- Correlation QQQ
- 0.46
How it ranks
Where ENLT stands vs every one of the 1,996 stocks we cover that has the number. Longer bar = better.
Top quarter on 2 of 4 measures
- Free cash flow yield−16% · free cash flow vs market capLowest 1%of 1,391
- Dividends + buybacks yield0% · cash paid out or used to retire shares, vs market capLowest 1%of 1,836
- Revenue growth, last 12 months+29% · vs the 12 months beforeTop 16%of 1,814
- Operating margin68% · of sales kept as operating profitTop 1%of 1,288
From SEC filings and our fair value estimate model. A ranking, not advice.
Valuation details
Fundamentals
The business itself: sales, profits, cash and debt, from SEC filings.
Bull vs bear
Rule-based from the data on this page, strongest first. Not advice.
Top bullish points 5 of 5
GrowthDiluted EPS grew 178% to $1.00 in FY2025.
ProfitabilityGross margin widened to 72.5% in FY2025 from 54.4% in FY2023 (SEC filings).
GrowthSales compounded 36% a year from FY2022 to FY2025.
GrowthSales grew 29% to $489M over the last 12 months vs the 12 months before (SEC filings).
ProfitabilityOperating margin widened to 68.0% in FY2025 from 61.8% in FY2023 (SEC filings).
Top bearish points 5 of 5
ValuationFree cash flow is negative (−$1.5B over the last 12 months), so there’s no cash-flow value under the price.
ValuationP/E of 70.4× vs a 21.2× median for the 87 Utilities companies we cover.
Balance sheetOperating income covers interest only 2.0× over the last 12 months.
QualityDoesn’t pass our quality screen: ROE under 12% and ROIC under 10%; net debt 11.2× EBITDA (limit 3×).
RiskSwings hard: beta 2.11 vs the S&P 500 and 60% yearly volatility (SPY 13%).
All fundamentals
P/E 70.4 · FCF yield -16.5% · ROE 9%
Valuation
- P/E
- 70.4×Utilities median 21.2×
- Price / FCF
- n/anegative free cash flow
- FCF yield
- −16.5%
- EV / EBITDA
- n/aD&A or debt not tagged in SEC data
- Price / sales
- 19.03×
- Price / book
- 5.51×
- Market cap
- $9.3Blisted
- Enterprise value
- n/anot reported in its SEC filings
Growth
- Revenue, 12 months
- $489M
- Sales growth, 12 months
- +29.3%vs the 12 months before
- Sales growth, 3 yrs
- +36.5%/yrfrom FY2022
- Diluted EPS, 12 months
- $1.00
- EPS growth, last FY
- +177.8%
- Net income, 12 months
- $132M
- Net income growth
- +199%12 months vs before
Profitability
- Gross margin
- 72.5%
- Operating margin
- 68.0%
- Net margin
- 27.0%
- FCF margin
- n/an/m: revenue near zero
- Return on equity
- 9%
- Return on invested capital
- n/aoperating income, debt, equity or cash not tagged
Balance sheet
- Cash & short-term inv.
- $528M
- Total debt
- n/anot reported in its SEC filings
- Net cash
- n/acash or debt not tagged in SEC data
- Debt / equity
- n/adebt or equity not tagged in SEC data
- Interest coverage
- 2.0×operating income / interest
Cash flow & returns
- Free cash flow, 12 months
- −$1.5B
- FCF growth, 12 months
- n/anot reported in its SEC filings
- Dividend yield
- 0%
- Payout ratio
- n/anot reported in its SEC filings
- Buybacks, 12 months
- n/anot reported in its SEC filings
- Share count, 1 year
- n/ano quarterly diluted share count
- Stock-based comp
- n/anot reported in its SEC filings
Trailing 12 months to Dec 31, 2025; balance sheet at Dec 31, 2025. From Enlight Renewable Energy’s SEC filings. Sparklines show up to six fiscal years. n/a means we don’t hold that number, with the reason. How each is computed.
The business
FCF $-2.2B · Sales +43%
- Free cash flow, 12 months−$2.2B
- Free-cash-flow yield-16.5%
- Gross margin72%
- Operating margin55%
- Return on invested capital3%
- Return on equity6%
- Sales growth (latest quarter vs year-ago quarter)+43%
- Net debt / EBITDA11.2×
Chart & levels
Where the price is vs its key levels and trends.
Key levels
Every level vs today’s $66.49
- 52-wk lowlowest close, 1 year$34.10−48.7%
- PriceMon Nov 2 close$66.49you are here
- 52-wk highhighest close, 1 year$107.42+61.6%
Momentum & 52-week range
RSI 43 · 5 days −4.1%
Signals
Reversal signal setups, the public ledger and the next earnings date.
Setup & signals
No setup armed
No setup armed, so there’s no trigger or stop to track yet. Reversal signal rules only run on companies that pass our quality screen.
Next report
Nov 3
- DateTue Nov 3, before the open
- Consensus EPS$0.13
- Year-ago EPS$0.16
- QuarterSep/2026
From Nasdaq’s earnings calendar. A report resets Market Value.
ENLT is outside our quality screen
One text when a published rule fires on one of the 332 quality companies we track: the ticker, the price, the stop and a link to the numbers. Nothing else.
Voices & buzz
Who is talking about it, and how it compares with peers.
Who’s talking about it
Notable investors, executives, analysts and public figures on Enlight Renewable Energy in the last 48 hours. Headlines as published, each linked. Their words, not ours.
No notable mentions in the last 48 hours. Checked Nov 3, 1:01 PM ET.
Compare with peers
Closest in size in Electric utilities
Information only, not investment advice. Fair value estimates and talking points are rule-based model output from public data and can be wrong; stop levels are reference points, not orders. How every number is computed.