Enlight Renewable Energy Stock Price To Earning
ENLT Stock | 16.40 0.59 3.73% |
Enlight Renewable Energy fundamentals help investors to digest information that contributes to Enlight Renewable's financial success or failures. It also enables traders to predict the movement of Enlight Stock. The fundamental analysis module provides a way to measure Enlight Renewable's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Enlight Renewable stock.
Enlight | Price To Earning |
Enlight Renewable Energy Company Price To Earning Analysis
Enlight Renewable's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Enlight Price To Earning Driver Correlations
Understanding the fundamental principles of building solid financial models for Enlight Renewable is extremely important. It helps to project a fair market value of Enlight Stock properly, considering its historical fundamentals such as Price To Earning. Since Enlight Renewable's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Enlight Renewable's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Enlight Renewable's interrelated accounts and indicators.
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Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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Enlight Retained Earnings
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Based on the latest financial disclosure, Enlight Renewable Energy has a Price To Earning of 0.0 times. This is 100.0% lower than that of the Independent Power and Renewable Electricity Producers sector and 100.0% lower than that of the Utilities industry. The price to earning for all United States stocks is 100.0% higher than that of the company.
Enlight Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Enlight Renewable's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Enlight Renewable could also be used in its relative valuation, which is a method of valuing Enlight Renewable by comparing valuation metrics of similar companies.Enlight Renewable is currently under evaluation in price to earning category among its peers.
Enlight Renewable Current Valuation Drivers
We derive many important indicators used in calculating different scores of Enlight Renewable from analyzing Enlight Renewable's financial statements. These drivers represent accounts that assess Enlight Renewable's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Enlight Renewable's important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 922.2M | 2.7B | 7.2B | 6.8B | 9.0B | 9.4B | |
Enterprise Value | 2.9B | 4.8B | 12.0B | 8.8B | 11.3B | 11.8B |
Enlight Renewable ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Enlight Renewable's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Enlight Renewable's managers, analysts, and investors.Environmental | Governance | Social |
Enlight Fundamentals
Return On Equity | 0.0535 | ||||
Return On Asset | 0.017 | ||||
Profit Margin | 0.19 % | ||||
Operating Margin | 0.41 % | ||||
Current Valuation | 4.74 B | ||||
Shares Outstanding | 118.53 M | ||||
Shares Owned By Insiders | 1.38 % | ||||
Shares Owned By Institutions | 74.09 % | ||||
Number Of Shares Shorted | 103.78 K | ||||
Price To Book | 1.55 X | ||||
Price To Sales | 6.10 X | ||||
Revenue | 255.7 M | ||||
Gross Profit | 153.87 M | ||||
EBITDA | 255.01 M | ||||
Net Income | 98.04 M | ||||
Total Debt | 2.7 B | ||||
Book Value Per Share | 9.91 X | ||||
Cash Flow From Operations | 149.62 M | ||||
Short Ratio | 14.14 X | ||||
Earnings Per Share | 0.44 X | ||||
Target Price | 19.4 | ||||
Number Of Employees | 287 | ||||
Beta | 0.68 | ||||
Market Capitalization | 1.87 B | ||||
Total Asset | 4.63 B | ||||
Retained Earnings | 17.65 M | ||||
Working Capital | 81.35 M | ||||
Net Asset | 4.63 B |
About Enlight Renewable Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Enlight Renewable Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Enlight Renewable using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Enlight Renewable Energy based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for Enlight Stock Analysis
When running Enlight Renewable's price analysis, check to measure Enlight Renewable's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Enlight Renewable is operating at the current time. Most of Enlight Renewable's value examination focuses on studying past and present price action to predict the probability of Enlight Renewable's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enlight Renewable's price. Additionally, you may evaluate how the addition of Enlight Renewable to your portfolios can decrease your overall portfolio volatility.