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ENLAY US​

Enel SpA Unsponsored ADR(ENLAY US)

$10.28-0.050.48%Ext:$10.29+0.010.09%(Market Closed · 20:00:00 UTC)

Overview

ProfileEntity Structure

Documents

SEC Filings
EDINET Filings

Financials & Metrics

FinancialsChartingShort InterestEmployees

Enel SpA Unsponsored ADR — Company Profile

Enel S.p.A. operates as a leading global integrated energy enterprise, managing both electricity and natural gas operations across the world. The company’s extensive involvement in the electricity sector spans from generation and procurement to transmission, distribution, and ultimate sale. In the realm of natural gas, Enel is responsible for its transport, market distribution, and the supply of liquefied natural gas (LNG). A significant part of its business includes the full lifecycle management of infrastructure, specifically designing, developing, constructing, operating, maintaining, and managing power generation facilities and electrical distribution networks, as well as constructing and running independent transmission lines. Enel’s activities extend beyond these core energy services into a diverse array of fields. These encompass specialized engineering for energy and infrastructure projects, research and development in scientific and engineering domains, and the co-generation of electricity and heat. The company also undertakes the construction and management of port infrastructure, provides certification for products, plants, and equipment, engages in mining, offers financial services, markets energy products, conducts general trading, and handles fuel trading and logistics. Additionally, Enel constructs and manages LNG regasification facilities, participates in water desalination and supply initiatives, monitors electricity systems, and operates optical fiber networks. It delivers a wide range of services, including testing, inspection, and certification; engineering and strategic consulting; legal advisory; advanced metering, remote control, and connectivity solutions utilizing power line communication; comprehensive business, administrative, management, and corporate planning consulting; various engineering disciplines (civil, mechanical, electrical); and corporate support functions like personnel administration, information technology, real estate, and general business services. The company also installs, maintains, and repairs electronic plants, and offers security services. Further expanding its offerings, Enel provides water systems, public lighting infrastructure and related services, electric mobility solutions, and environmental impact studies. Its power generation capacity is diverse, incorporating renewable sources such such as wind, hydroelectric, solar (photovoltaic), and geothermal energy, alongside thermal and nuclear power plants. Established in 1962, Enel S.p.A. has its corporate headquarters situated in Rome, Italy.

Sector
Utilities
Industry
Electric Utilities
Exchange
UU
CEO
Flavio Cattaneo
Headquarters
Rome, L6, IT
IPO Date
Apr 28, 2008
Employees
61,634
Website
www.enel.com

Key Metrics

Price
$9.74
Market Cap
$96.71B
Revenue (TTM)
$18.58B
Net Income (TTM)
$1.89B
EPS (TTM)
0.18
P/E (TTM)
23.48
P/B (TTM)
3.83
Dividend Yield
5.46%
ROE (TTM)
7.50%
ROA (TTM)
0.99%
Operating Margin
10.64%
Beta
0.56

Dividends

Last Dividend
$0.27
Last Yield
0.05%

Summary

Enel S.p.A. operates as a leading global integrated energy enterprise, managing both electricity and natural gas operations across the world. The company’s extensive involvement in the electricity sector spans from generation and procurement to transmission, distribution, and ultimate sale. In the realm of natural gas, Enel is responsible for its transport, market distribution, and the supply of liquefied natural gas (LNG). A significant part of its business includes the full lifecycle management of infrastructure, specifically designing, developing, constructing, operating, maintaining, and managing power generation facilities and electrical distribution networks, as well as constructing and running independent transmission lines. Enel’s activities extend beyond these core energy services into a diverse array of fields. These encompass specialized engineering for energy and infrastructure projects, research and development in scientific and engineering domains, and the co-generation of electricity and heat. The company also undertakes the construction and management of port infrastructure, provides certification for products, plants, and equipment, engages in mining, offers financial services, markets energy products, conducts general trading, and handles fuel trading and logistics. Additionally, Enel constructs and manages LNG regasification facilities, participates in water desalination and supply initiatives, monitors electricity systems, and operates optical fiber networks. It delivers a wide range of services, including testing, inspection, and certification; engineering and strategic consulting; legal advisory; advanced metering, remote control, and connectivity solutions utilizing power line communication; comprehensive business, administrative, management, and corporate planning consulting; various engineering disciplines (civil, mechanical, electrical); and corporate support functions like personnel administration, information technology, real estate, and general business services. The company also installs, maintains, and repairs electronic plants, and offers security services. Further expanding its offerings, Enel provides water systems, public lighting infrastructure and related services, electric mobility solutions, and environmental impact studies. Its power generation capacity is diverse, incorporating renewable sources such such as wind, hydroelectric, solar (photovoltaic), and geothermal energy, alongside thermal and nuclear power plants. Established in 1962, Enel S.p.A. has its corporate headquarters situated in Rome, Italy.

Website
www.enel.com
Location
Rome, L6, IT
Phone39 06 83 05 40 00
Employees61,634
CEOFlavio Cattaneo
Sector
Utilities
Industry
Electric Utilities
IPO DateApr 28, 2008

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Latest Documents

SEC Filings(168)

Expand
  • F-6EFEffective registration statement (depository shares)24 Jan 2022
  • SC TO-T/ATender offer statement (third-party, amendment)16 Apr 2021
  • SC TO-T/ATender offer statement (third-party, amendment)26 Mar 2021
  • SC TO-T/ATender offer statement (third-party, amendment)15 Mar 2021
  • SC TO-T/ATender offer statement (third-party, amendment)10 Mar 2021
  • SC TO-TTender offer statement (third-party)22 Feb 2021
  • SC 13D/AENEL AMERICAS S.A.21 Dec 2020
  • SC TO-CTender offer statement (communication)21 Dec 2020
  • SC 13D/AENEL AMERICAS S.A.19 Jun 2020
  • SC 13D/AENEL AMERICAS S.A.10 Jun 2020
  • SC 13D/AENEL AMERICAS S.A.5 Jun 2020
  • SC 13D/AEnel Chile S.A.12 May 2020
  • SC 13D/AENEL AMERICAS S.A.10 Apr 2020
  • SC 13D/AENEL AMERICAS S.A.6 Apr 2020
  • SC 13D/AEnel Chile S.A.19 Mar 2020
  • SC 13D/AENEL AMERICAS S.A.19 Mar 2020
  • SC 13D/AENEL AMERICAS S.A.29 Jan 2020
  • SC 13D/AEnel Chile S.A.9 Dec 2019
  • SC 13D/AENEL AMERICAS S.A.28 Jun 2019
  • SC 13D/AENEL AMERICAS S.A.21 May 2019

EDINET Filings(9)

Expand
  • 10-KAnnual Securities Report (2025.01.01-2025.12.31)28 Jun
  • IRSemi-Annual Report (2025.01.01-2025.12.31)29 Sep 2025
  • 10-KAnnual Securities Report (2024.01.01-2024.12.31)26 Jun 2025
  • 10-KAnnual Securities Report (2023.01.01-2023.12.31)28 Jun 2024
  • 10-KAnnual Securities Report (2020.01.01-2020.12.31)28 Jun 2021
  • 10-KAnnual Securities Report (2019.01.01-2019.12.31)30 Jun 2020
  • 10-KAnnual Securities Report (2017.01.01-2017.12.31)28 Jun 2018
  • 10-KAnnual Securities Report (2016.01.01-2016.12.31)29 Jun 2017
  • 10-KAnnual Securities Report (2015.01.01-2015.12.31)30 Jun 2016

News

  • Enel denies report that it seeks to reduce stake in Spain's Endesa20 Oct
  • High Oil Prices May Push Inflation Lower Over Time19 Oct
  • Explainer: Why Brazil could strip Enel of the power contract in its biggest city6 Oct
  • Head-To-Head Contrast: Enel (OTCMKTS:ENLAY) and Iberdrola (OTCMKTS:IBDRY)18 Sep
  • ENLAY vs. CNP: Which Stock Should Value Investors Buy Now?16 Sep
  • Is Enel (ENLAY) Stock Undervalued Right Now?16 Sep
  • Enel Chile S.A.: Cheap, Profitable, And Operating In Chile's Next Great Energy Revolution14 Sep
  • Enel seeks to avert termination of Sao Paulo concession4 Sep
  • Enel loses appeal in Brazil's probe of Sao Paulo power concession11 Aug
  • Enel: The Grid-Led Re-Rating Still Has Room To Run5 Aug
  • Enel: Higher-Quality Earnings Support Further Re-Rating31 Jul
  • Enel SpA (ENLAY) Q2 2026 Earnings Call Transcript30 Jul
  • Enel reports 3% rise in H1 core earnings despite drop in Italian hydro power30 Jul

Mentions in Filings

  • … poration and Eagle Nuclear Energy Corp. Its securities carry the usual SPAC risks — the deal still requires a shareholder vote and customary approvals; with no certainty it closes on the expected timeline or at all. **<strong>Enel S.p.A.</strong>** (Borsa Italiana: ENEL) (OTC: ENLAY) is the Italian-deployment reference point: Italy's largest utility and one of the world's biggest power producers, it embodies the kind of large-scale clean-power operator that ulti …
    Spring Valley Acquisition Corp. IIIEnel SpA Unsponsored ADR·425 - Business combination communication·Q2 26·26 Jun
  • … itures and acquisitions, and debt and equity capital markets transactions. Mr. Klix also played lead roles in the initial and secondary public offerings of many energy, telecommunications and beverage companies such as <strong>Enel S.p.A.</strong> (BIT: ENEL), Energias de Portugal, S.A. (ELI: EDP), and CompañíaCervecerías Unidas, S.A. (NYSE: CCU). Mr. Klix is also a director of Klix II Pty. Ltd. Mr. Klix holds a degree in Economics from the Universidad Católica A …
    TLGY ACQUISITION CORPEnel SpA Unsponsored ADR·10-K - ANNUAL REPORT FY 2025·FY25·31 Mar
  • … ping business, and Senior EVP of Upstream business. He has participated in the upstream, midstream and downstream aspects of the oil and gas industry. Prior to Eni S.p.A., Mr. Alverà served as Head of Group Strategy at <strong>Enel S.p.A.</strong>, a multinational power company functioning in the gas and electricity sectors, particularly in Europe and Latin America. He also served as Chief Financial Officer of Wind Telecomunicazioni S.p.A. and co-founded Netesi, …
    S&P Global Inc.Enel SpA Unsponsored ADR·DEF 14A - Definitive proxy statement·Q2 26·31 Mar
  • … Duca has previously served as director of Tofaş Türk Otomobil Fabrikasi Anonim Şirketi from 2018 until April 2024, independent director of OSAI Automation System S.p.A. from November 2020 until October 2024, member of the board of Nedcommunity association from May 2019 until May 2022, member of the Statutory Auditors of BasicNet S.p.A. from 2017 until March 2022, Chairman of the Board of Statutory Auditors of <strong>Enel S.p.A.</strong> from April 2010 120 ---
    Ferrari N.V.Enel SpA Unsponsored ADR·20-F - Annual report (foreign private issuer) FY 2025·FY25·19 Feb
  • … | | | | --- | --- | | DES | Dominion Energy Services, Inc. | | DESC | The legal entity, Dominion Energy South Carolina, Inc., one or more of its consolidated entities or operating segment, or the entirety of Dominion Energy South Carolina, Inc. and its consolidated entities | | DGI | Dominion Generation, Inc. | | Dominion Energy | The legal entity, Dominion Energy, Inc., one or more of its consolidated subsidiaries (other than Virginia Power) or …
    VIRGINIA ELECTRIC & POWER COEnel SpA Unsponsored ADR·10-Q - Quarterly report Q2·Q2 26·31 Jul
  • … US$****86 million**, primarily due to the payment of income tax. | | | | | --- | --- | | · | Current accounts payable to related entities decreased by **US$****75 million**, primarily due to lower dividends payable to <strong>Enel S.p.A.</strong> of **US$****104 million** and lower services payable to Enel Green Power S.p.A. of **US$****6 million**. The decrease was partially offset by: (i) higher accounts payable to Enel Global Trading S.p.A. of **US$****7 mill …
    Enel Chile S.A.Enel SpA Unsponsored ADR·6-K - Current report (foreign private issuer)·Q2 26·29 Jul

Key Stats

Trading

Px/Chg 1D$9.74 / -1.29%
Avg Volume490.46K
Beta0.56
Mkt Cap96.71B
FD Mkt Cap108.50B

Float

Shrs Out/Float9.93B / 7.96B
Short Float0.00%
Days to Cover1.00
Stock Repurchased$1.32B

Current Valuation

EV177.68B
EV/EBITDA6.81
EV/Sales2.52
P/B3.83
P/S1.37
FCF Yield1.48%
ROE7.50%
ROA0.99%
Current Ratio0.80

Dividend

Cash$0.27
Yield5.46%
Yield (TTM)5.46%

Estimates

P/E23.48
Est P/EN/A
Est EPSN/A
Est PEGN/A

Valuation

Metric5Yr AvgMar '23Mar '24Mar '25Mar '26Oct '26
PRICE-BASED RATIOS
Price / Earnings1.6911.8219.3912.13-85.9951.13
Price / Sales2.430.430.721.084.745.21
Price / Book Value2.772.152.642.522.693.83
Price / Free Cash Flow27.58-13.5035.9919.8428.1167.48
ENTERPRISE VALUE METRICS
Enterprise Value162,728.1161,810.5146,755.7162,875.4164,521.8177,677.1
Enterprise Value / Sales4.681.141.582.069.059.56
Enterprise Value / EBITDA17.588.908.027.1635.7028.09
Enterprise Value / EBIT44.0113.3812.2910.51142.6841.17

Financials

Full Financials
Millions EUR5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue-8.6%96,547.0142,419.092,882.078,947.067,452.0
Gross Income-1.7%30,962.028,710.031,693.032,467.028,959.1
EBITDA10.9%13,701.018,176.018,296.022,743.020,714.0
EBIT8.5%8,112.012,092.011,945.015,494.011,236.0
Net Income7.3%3,189.05,218.03,438.07,016.04,225.0
EPS (Diluted)4.5%0.310.510.320.670.37
BALANCE SHEET
Cash & ST Inv-16.7%11,018.024,794.011,326.010,923.05,292.7
Total Assets-3.6%206,940.0219,618.0195,224.0187,139.0178,581.0
Total Liabilities-5.4%164,598.0177,536.0150,115.0137,968.0131,795.9
Total Shareholder Equity2%29,653.028,657.025,202.033,731.032,054.4
CASH FLOW
Net Operating Cash Flow7.4%10,069.08,674.014,620.013,223.013,376.4
Cap Ex-9.5%-12,201.0-13,242.0-12,768.0-8,931.0-8,170.3
Free Cash Flow—-2,132.0-4,568.01,852.04,292.05,206.1

Enterprise Value Bridge

Millions EUR23 Oct '26
Price (As of 23 Oct '26)10.28
Basic Shares9,926.48
Market Cap102,044.3
Diluted Shares10,338.25
Fully Diluted Shares Outstanding10,338.25
Fully Diluted Market Cap106,277.2
+Consolidated Debt70,438.4
−In-the-Money Convertible Debt—
+Capital Leases-
+Operating Leases—
−Cash & Equivalents-4,493.7
−Short-term Investments-208.2
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest15,023.7
+Pension Liabilities—
Enterprise Value183,012.6

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