Enel SpA (ENLA) - Net Assets
Based on the latest financial reports, Enel SpA (ENLA) has net assets worth €49.79 Billion EUR as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€181.34 Billion) and total liabilities (€131.55 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €49.79 Billion |
| % of Total Assets | 27.46% |
| Annual Growth Rate | -0.83% |
| 5-Year Change | 16.09% |
| 10-Year Change | N/A |
| Growth Volatility | 6.1 |
Enel SpA - Net Assets Trend (2016–2024)
This chart illustrates how Enel SpA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Enel SpA (2016–2024)
The table below shows the annual net assets of Enel SpA from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €49.17 Billion | +9.00% |
| 2023-12-31 | €45.11 Billion | +7.20% |
| 2022-12-31 | €42.08 Billion | -0.62% |
| 2021-12-31 | €42.34 Billion | -0.04% |
| 2020-12-31 | €42.36 Billion | -9.76% |
| 2019-12-31 | €46.94 Billion | -1.91% |
| 2018-12-31 | €47.85 Billion | -8.26% |
| 2017-12-31 | €52.16 Billion | -0.79% |
| 2016-12-31 | €52.58 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Enel SpA's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 16.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €17.99 Billion | 53.34% |
| Other Components | €15.74 Billion | 46.66% |
| Total Equity | €33.73 Billion | 100.00% |
Enel SpA Competitors by Market Cap
The table below lists competitors of Enel SpA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CVS Health Corp
NYSE:CVS
|
$98.41 Billion |
|
Howmet Aerospace Inc
NYSE MKT:HWM
|
$99.27 Billion |
|
Rio Tinto Group
F:RIOA
|
$99.40 Billion |
|
Freeport-McMoRan Inc.
LSE:0R2O
|
$99.98 Billion |
|
Southern Company
NYSE:SO
|
$97.89 Billion |
|
Westpac Banking Corporation
AU:WBC
|
$96.69 Billion |
|
Canadian Natural Resources Ltd
NYSE:CNQ
|
$96.60 Billion |
|
Western Digital Corporation
NASDAQ:WDC
|
$96.27 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Enel SpA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 31,755,000,000 to 33,731,000,000, a change of 1,976,000,000 (6.2%).
- Net income of 7,016,000,000 contributed positively to equity growth.
- Dividend payments of 5,126,000,000 reduced retained earnings.
- Share repurchases of 27,000,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €7.02 Billion | +20.8% |
| Dividends Paid | €5.13 Billion | -15.2% |
| Share Repurchases | €27.00 Million | -0.08% |
| Other Changes | €113.00 Million | +0.34% |
| Total Change | €- | 6.22% |
Book Value vs Market Value Analysis
This analysis compares Enel SpA's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.86x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €3.42 | €9.50 | x |
| 2018-12-31 | €3.12 | €9.50 | x |
| 2019-12-31 | €2.99 | €9.50 | x |
| 2020-12-31 | €2.79 | €9.50 | x |
| 2021-12-31 | €2.92 | €9.50 | x |
| 2022-12-31 | €2.82 | €9.50 | x |
| 2023-12-31 | €3.13 | €9.50 | x |
| 2024-12-31 | €3.32 | €9.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Enel SpA utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 20.80%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.93%
- • Asset Turnover: 0.38x
- • Equity Multiplier: 5.55x
- Recent ROE (20.80%) is above the historical average (10.88%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 7.38% | 3.72% | 0.44x | 4.47x | €-910.30 Million |
| 2017 | 10.86% | 5.20% | 0.47x | 4.47x | €299.50 Million |
| 2018 | 15.10% | 6.45% | 0.45x | 5.22x | €1.62 Billion |
| 2019 | 7.16% | 2.97% | 0.43x | 5.64x | €-863.70 Million |
| 2020 | 9.21% | 4.19% | 0.38x | 5.77x | €-222.50 Million |
| 2021 | 10.75% | 3.36% | 0.46x | 6.98x | €223.70 Million |
| 2022 | 5.87% | 1.64% | 0.47x | 7.67x | €-1.18 Billion |
| 2023 | 10.83% | 4.17% | 0.42x | 6.15x | €262.50 Million |
| 2024 | 20.80% | 9.93% | 0.38x | 5.55x | €3.64 Billion |
Industry Comparison
This section compares Enel SpA's net assets metrics with peer companies in the Utilities - Diversified industry.
Industry Context
- Industry: Utilities - Diversified
- Average net assets among peers: $322,935,854,222
- Average return on equity (ROE) among peers: 9.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Enel SpA (ENLA) | €49.79 Billion | 7.38% | 2.64x | $98.17 Billion |
| Chubu Electric Power Company Incorporated (0C2) | $2.86 Trillion | 7.07% | 1.49x | $9.74 Billion |
| ATCO CLASS 1 (8A6) | $7.86 Billion | 6.53% | 1.76x | $4.81 Billion |
| Companhia Energética de Minas Gerais (CID) | $12.93 Billion | 2.58% | 2.25x | $4.99 Billion |
| A2A S.p.A (EAM) | $3.01 Billion | 9.72% | 2.30x | $7.62 Billion |
| EnBW Energie Baden-Württemberg AG (EBK) | $6.41 Billion | 12.87% | 4.42x | $22.58 Billion |
| E.ON SE (EOAN) | $13.09 Billion | 11.97% | 6.53x | $52.11 Billion |
| Hera S.p.A (HE9) | $2.50 Billion | 7.21% | 2.30x | $6.18 Billion |
| Lechwerke AG (LEC) | $571.79 Million | 19.45% | 2.15x | $2.50 Billion |
| MVV Energie AG (MVV1) | $1.52 Billion | 7.98% | 2.10x | $2.09 Billion |
About Enel SpA
Enel SpA operates as an integrated operator in electricity and gas industries worldwide. It operates through Thermal Generation and Trading; Enel Green Power; Enel Grids; and End-user Markets segments. The company operates renewable, nuclear, wind, hydroelectric, thermal, solar, and geothermal power plants. It also generates, distributes, transmits, and sells electricity. In addition, the company… Read more