On Oct. 16, Italy and the European Commission agreed to cap gas prices for gas-fired power plants at EUR 59 per megawatt-hour, at the upper end of the EUR 55-EUR 60/MWh range in press reports. The goal is to lower power prices, as combined-cycle gas turbine plants set them much of the time in Italy.
The disposal plan has materially reduced the company's leverage, which has been a historical concern for investors. The recovered financial headroom implies a potential additional share buyback.
The return to aggressive renewables expansion increases execution risk and negative exposure to higher interest rates.
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Metric
|
ENEL
|
IBE
|
RWE
|
|---|---|---|---|
Price/Earnings (Normalized) | 25.76 | 25.38 | 13.14 |
Price/Book Value | 3.70 | 2.47 | 1.14 |
Price/Sales | 1.36 | 3.34 | 2.73 |
Price/Cash Flow | 6.05 | 11.69 | 5.86 |
|
Metric
|
ENEL
|
IBE
|
RWE
|
|---|---|---|---|
Quick Ratio | 0.47 | 0.62 | 0.69 |
Current Ratio | 0.72 | 0.74 | 1.35 |
Interest Coverage | 3.82 | 4.42 | 8.86 |
|
Metric
|
ENEL
|
IBE
|
RWE
|
|---|---|---|---|
Return on Assets (Normalized) | 3.87% | 4.04% | 3.81% |
Return on Equity (Normalized) | 28.01% | 11.67% | 11.41% |
Return on Invested Capital (Normalized) | 7.56% | 6.82% | 4.88% |
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1-Day Chart
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Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Iberdrola SA
IBDSF
| — | LOCK|m<@ | $161B | |||
| Iberdrola SA ADR
IBDRY
| LOCK|njbHzc | LOCK|<r | $161B | |||
| Enel SpA
ESOCF
| LOCK|z#?!Z^ | LOCK|bc | $103B | |||
| Enel SpA ADR
ENLAY
| LOCK|brdd&h? | LOCK|Zt& | $103B | |||
| Engie SA ADR
ENGIY
| LOCK|R<c!gB | LOCK|v! | $66B | |||
| Engie SA
ENGQF
| — | LOCK|Vz& | $66B | |||
| Sempra
SRE
| LOCK|TmStZ$l | LOCK|?^kW> | $55B | |||
| E.ON SE ADR
EONGY
| LOCK|vg<fw^ | LOCK|p#N? | $54B | |||
| E.ON SE
ENAKF
| — | LOCK|#Rk^g | $54B | |||
| The AES Corp
AES
| LOCK|&&#d$DT | LOCK|%f | $11B |
United States