Enlight Renewable Energy ENLT
IsraelUtilities · Utilities - RenewableUSD
86.14 USD (+30.4%)
7 analysts
Trading 2120.30 €Open account ↗
Lightyear0.90 €Open account ↗
N260.90 €Open account ↗
XTB1.00 €★ featured · affiliateOpen account ↗Trading 2120.30 €Open account ↗Lightyear0.90 €Open account ↗XTB1.00 €★ featured · affiliateOpen account ↗200.00 € order · cheapest cheapest available in your country iCompare all 22 brokers →What does it do?
Enlight Renewable Energy Ltd. is an Israeli company that develops, builds, and operates renewable energy generation projects (solar, wind, and storage) in Israel and international markets, selling the generated electricity through long-term contracts.
Key points
from its scores- ✓Strong growth9.8
- ✓Good share-price trend9.8
- ✕Demanding valuation0.9
- ✕Little or no dividend1.4
- ✕Fragile balance sheet3.3
AI analysis
bottom line, main risk, context and newsStrong growth and margins do not offset the extreme financial risk: high debt and demanding valuation make Enlight an option only for investors with high risk tolerance and a long-term horizon.
Enlight Renewable Energy shows exceptional growth (revenue +43%, earnings +1900%) and a very high operating margin (54.51%), but its financial health is fragile: net debt is 11.21 times EBITDA and free cash flow conversion is deeply negative (-472.35%). Valuation is demanding (P/E 108.33) and the rising rate environment adds pressure on an already highly leveraged balance sheet.
The main risk is extreme leverage (Net Debt/EBITDA of 11.21) combined with a rising rate environment, which makes refinancing more expensive and can compromise cash generation and balance sheet viability.
Context and risks
Enlight Renewable Energy operates renewable generation projects in Israel, a country with moderate governance risk and exposure to regional geopolitical tensions. Its high leverage (Net Debt/EBITDA of 11.21) amplifies vulnerability to a rising rate environment, especially in a long-duration business like renewables, where value depends on distant cash flows.
Is Enlight Renewable Energy stock cheap or expensive?
at the analysis dateOn P/E and EV / EBITDA, it trades 313% above the Utilities median on average.
| Multiple | Company | Sector | Difference |
|---|---|---|---|
| P/E | 108.3 | 19.1 | +467% |
| EV / EBITDA | 31.5 | 12.2 | +158% |
| Price / book | 4.3 | 1.9 | +119% |
| Price / sales | 15.8 | 2.6 | +511% |
Sector: median of the 92 Utilities companies analysed. In bold, the multiples used for the comparison.
Valuation score: 0.9 out of 10 (median for Utilities: 4.8).
Average analyst target: 86.14 USD, +30.4% versus the price.
A premium can be justified if the company is of higher quality or grows faster than its sector: Quality / Moat 3.7 (sector 3.8), Growth 9.8 (sector 5.8).
Classic formulas with standard assumptions (10.0% growth, 8-9% discount rate). Indicative only: they change a lot with the assumptions and are not a recommendation.
Work out its fair value yourself →How much would you have made investing every month? →
Comparing it with its sector does not say whether it is a good buy: this is not investment advice.
Score by category
0 to 10 · hover overtap each one to see what it measuresKey metrics
at the analysis date · compared with the Utilities medianValuation
- P/E
- 108.3
- Forward P/E
- 84.7
- EV / EBITDA
- 31.5
- Price / book
- 4.3
- Price / sales
- 15.8
- PEG
- 2.42
- Market cap
- 9.2B USD
- Enterprise value
- 14.7B USD
Profitability
- ROE
- 6.0%
- ROA
- 2.2%
- ROIC (approx.)
- 3.7%
- Gross margin
- 71.9%
- Operating margin
- 54.5%
- Net margin
- 15.3%
- Free cash flow
- −2.2B USD
- FCF yield
- −23.9%
- Cash conversion
- −472%
Solvency
- Total debt
- 6.4B USD
- Net debt
- 5.2B USD
- Cash
- 1.2B USD
- EBITDA
- 468.2M USD
- Net debt / EBITDA
- 11.21
- Debt / equity
- 262.38
- Current ratio
- 1.12
- Quick ratio
- 1.03
Growth
- Revenue growth
- +43.0%
- Earnings growth
- +1,900.2%
- EPS (TTM)
- 0.61 USD
- EPS (forward)
- 0.78 USD
Dividend
- Dividend yield
- 0.0%
- Payout
- 0.0%
Risk and market
- Beta
- 0.95
- Analyst consensus
- Buy (7)
- Target price
- 86.14 USD
- 52-week range
- 32.31 – 108.65
Recent news
All ENLT news →Compare it with its sector
All 92 in Utilities →Frequently asked questions about Enlight Renewable Energy
Is Enlight Renewable Energy stock cheap or expensive?
On P/E and EV / EBITDA, it trades 313% above the Utilities median on average. Valuation score: 0.9 out of 10 (median for Utilities: 4.8). Average analyst target: 86.14 USD, +30.4% versus the price. This is not investment advice.
What score does Enlight Renewable Energy get on MeridIAn Screener?
It scores 3.5 out of 10, rank 2,032 of 2,130 (better than 4% of the companies analysed). Its strongest category is Growth (9.8) and its weakest, Valuation (0.9). Analysis of 08/10/2026.
What is Enlight Renewable Energy's P/E ratio?
Its P/E is 108.3: the share price equals 108.3 times earnings per share over the last 12 months. The Utilities median is 19.1. Based on the earnings analysts expect, the forward P/E is 84.7.
How much is Enlight Renewable Energy worth on the stock market?
Its market capitalisation is 9.2B USD and its enterprise value, debt included, is 14.7B USD.
How much debt does Enlight Renewable Energy have?
Its net debt (debt minus cash) is 5.2B USD. That is 11.21 times its EBITDA; the Utilities median is 5.33.
Does Enlight Renewable Energy pay a dividend?
It pays no dividend, or almost none.
How has Enlight Renewable Energy stock performed over the last year?
It has risen 97.9% over the last year, excluding dividends. Over the last 52 weeks it has traded between 32.31 and 108.65 USD. Past performance does not guarantee future results.
What do analysts think of Enlight Renewable Energy?
7 analysts cover it; their average recommendation is “Buy” and their average target is 86.14 USD (+30.4% versus the price). It is an estimate, not market data.