Enlight Renewable Energy Stock Performance
| ENLT Stock | 16.14 0.13 0.81% |
The firm shows a Beta (market volatility) of -0.3, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Enlight Renewable are expected to decrease at a much lower rate. During the bear market, Enlight Renewable is likely to outperform the market. At this point, Enlight Renewable Energy has a negative expected return of -0.0092%. Please make sure to confirm Enlight Renewable's downside variance, and the relationship between the sortino ratio and accumulation distribution , to decide if Enlight Renewable Energy performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Enlight Renewable Energy has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable essential indicators, Enlight Renewable is not utilizing all of its potentials. The current stock price uproar, may contribute to short-horizon losses for the private investors. ...more
Actual Historical Performance (%)
One Day Return 1.44 | Five Day Return 2.01 | Year To Date Return (14.03) | Ten Year Return 728.57 | All Time Return 728.57 |
Last Split Factor 1:10 | Last Split Date 2023-01-30 |
1 | The Atrisco Solar Storage Project Has Commenced Commercial Operations | 09/11/2024 |
2 | Investment Analysis and Advice - Stock Traders Daily | 09/18/2024 |
3 | Enlight Renewable Energy Ltd Shares Down 3.45 percent on Oct 7 | 10/07/2024 |
4 | Enlight Announces the Full Commencement of Commercial Operation of the Solar Storage Cluster in Israel | 10/14/2024 |
5 | Enlight to Report Third Quarter 2024 Financial Results on Wednesday, November 13, 2024 | 10/28/2024 |
6 | Enlight to Host an Investor Event on Tuesday, November 19, 2024 | 11/12/2024 |
7 | MENORA MIVTACHIM HOLDINGS LTD.s Strategic Acquisition in Enlight Renewable Energy Ltd | 11/14/2024 |
8 | Enlight Renewable Energy Ltd Trading Down 8.31 percent on Nov 20 | 11/20/2024 |
| Begin Period Cash Flow | 193.9 M |
Enlight |
Enlight Renewable Relative Risk vs. Return Landscape
If you would invest 1,664 in Enlight Renewable Energy on August 24, 2024 and sell it today you would lose (50.00) from holding Enlight Renewable Energy or give up 3.0% of portfolio value over 90 days. Enlight Renewable Energy is currently does not generate positive expected returns and assumes 2.7778% risk (volatility on return distribution) over the 90 days horizon. In different words, 24% of stocks are less volatile than Enlight, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Enlight Renewable Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Enlight Renewable's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Enlight Renewable Energy, and traders can use it to determine the average amount a Enlight Renewable's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0033
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| Negative Returns | ENLT |
Estimated Market Risk
| 2.78 actual daily | 24 76% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Enlight Renewable is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Enlight Renewable by adding Enlight Renewable to a well-diversified portfolio.
Enlight Renewable Fundamentals Growth
Enlight Stock prices reflect investors' perceptions of the future prospects and financial health of Enlight Renewable, and Enlight Renewable fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Enlight Stock performance.
| Return On Equity | 0.0535 | ||||
| Return On Asset | 0.017 | ||||
| Profit Margin | 0.19 % | ||||
| Operating Margin | 0.41 % | ||||
| Current Valuation | 4.84 B | ||||
| Shares Outstanding | 118.47 M | ||||
| Price To Book | 1.57 X | ||||
| Price To Sales | 6.17 X | ||||
| Revenue | 255.7 M | ||||
| Gross Profit | 153.87 M | ||||
| EBITDA | 255.01 M | ||||
| Net Income | 98.04 M | ||||
| Total Debt | 2.7 B | ||||
| Book Value Per Share | 9.91 X | ||||
| Cash Flow From Operations | 149.62 M | ||||
| Earnings Per Share | 0.44 X | ||||
| Market Capitalization | 1.9 B | ||||
| Total Asset | 4.63 B | ||||
| Retained Earnings | 63.71 M | ||||
| Working Capital | 81.35 M | ||||
About Enlight Renewable Performance
Assessing Enlight Renewable's fundamental ratios provides investors with valuable insights into Enlight Renewable's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Enlight Renewable is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | (924.58) | (970.81) | |
| Return On Tangible Assets | 0.02 | 0.02 | |
| Return On Capital Employed | 0.04 | 0.03 | |
| Return On Assets | 0.02 | 0.02 | |
| Return On Equity | 0.02 | 0.02 |
Things to note about Enlight Renewable Energy performance evaluation
Checking the ongoing alerts about Enlight Renewable for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Enlight Renewable Energy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Enlight Renewable generated a negative expected return over the last 90 days | |
| Enlight Renewable is unlikely to experience financial distress in the next 2 years | |
| About 74.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from gurufocus.com: Enlight Renewable Energy Ltd Trading Down 8.31 percent on Nov 20 |
- Analyzing Enlight Renewable's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Enlight Renewable's stock is overvalued or undervalued compared to its peers.
- Examining Enlight Renewable's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Enlight Renewable's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Enlight Renewable's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Enlight Renewable's stock. These opinions can provide insight into Enlight Renewable's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Enlight Stock Analysis
When running Enlight Renewable's price analysis, check to measure Enlight Renewable's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Enlight Renewable is operating at the current time. Most of Enlight Renewable's value examination focuses on studying past and present price action to predict the probability of Enlight Renewable's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enlight Renewable's price. Additionally, you may evaluate how the addition of Enlight Renewable to your portfolios can decrease your overall portfolio volatility.