Enlight Renewable Energy (ENLT) vs. Its Peers Financial Survey

Enlight Renewable Energy (NASDAQ:ENLT) is one of 84 publicly-traded companies in the “Electric services” industry, but how does it compare to its peers? We will compare Enlight Renewable Energy to similar companies based on the strength of its institutional ownership, profitability, dividends, analyst recommendations, valuation, earnings and risk.

Insider & Institutional Ownership

38.9% of Enlight Renewable Energy shares are held by institutional investors. Comparatively, 58.4% of shares of all “Electric services” companies are held by institutional investors. 6.4% of shares of all “Electric services” companies are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Analyst Ratings

This is a breakdown of current ratings and recommmendations for Enlight Renewable Energy and its peers, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Enlight Renewable Energy	0	1	2	0	2.67
Enlight Renewable Energy Competitors	873	4100	4090	77	2.37

Enlight Renewable Energy presently has a consensus price target of $19.00, suggesting a potential upside of 9.76%. As a group, “Electric services” companies have a potential upside of 23.22%. Given Enlight Renewable Energy’s peers higher probable upside, analysts plainly believe Enlight Renewable Energy has less favorable growth aspects than its peers.

Valuation and Earnings

This table compares Enlight Renewable Energy and its peers top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Enlight Renewable Energy	$255.70 million	$70.92 million	30.37
Enlight Renewable Energy Competitors	$11.38 billion	$578.35 million	9.28

Enlight Renewable Energy’s peers have higher revenue and earnings than Enlight Renewable Energy. Enlight Renewable Energy is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.

Profitability

This table compares Enlight Renewable Energy and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Enlight Renewable Energy	27.74%	5.09%	1.74%
Enlight Renewable Energy Competitors	-18.89%	5.65%	0.12%

Summary

Enlight Renewable Energy peers beat Enlight Renewable Energy on 7 of the 12 factors compared.

Enlight Renewable Energy Company Profile

Enlight Renewable Energy Ltd operates as a renewable energy platform in Israel and internationally. The company initiates, plans, develops, constructs, and operates projects to produce electricity from renewable energy sources. It develops wind energy and solar energy projects, as well as energy storage projects. The company was incorporated in 1981 and is headquartered in Rosh HaAyin, Israel.