Enel SpA
ENEL: XMIL (ITA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| <.! | LOCK|f^% | LOCK|WCp^?!> |
Enel Earnings: 2025 Guidance Confirmed; Dividend Is Attractive
We confirm our EUR 7.50 fair value estimate after no-moat Enel released 2024 results slightly above the consensus it polled on the bottom line and confirmed its 2025 targets. It will pay a 2024 dividend of EUR 0.47, slightly above guidance of EUR 0.46, 9% above last year and involving an attractive dividend yield of 6.7%. Shares appear slightly undervalued.
