Enlight Renewable Energy Stock Price To Sales

ENLT Stock

16.14 0.13 0.81%

Enlight Renewable Energy fundamentals help investors to digest information that contributes to Enlight Renewable's financial success or failures. It also enables traders to predict the movement of Enlight Stock. The fundamental analysis module provides a way to measure Enlight Renewable's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Enlight Renewable stock.

		Last Reported	Projected for Next Year
	Price To Sales Ratio	9.73	10.19

Price To Sales Ratio is likely to gain to 10.19 in 2024.

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Enlight Renewable Energy Company Price To Sales Analysis

Enlight Renewable's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

P/S

MV Per Share

Revenue Per Share

More About Price To Sales | All Equity Analysis

Current Enlight Renewable Price To Sales

6.17 X

Most of Enlight Renewable's fundamental indicators, such as Price To Sales, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Enlight Renewable Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Enlight Price To Sales Driver Correlations

Understanding the fundamental principles of building solid financial models for Enlight Renewable is extremely important. It helps to project a fair market value of Enlight Stock properly, considering its historical fundamentals such as Price To Sales. Since Enlight Renewable's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Enlight Renewable's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Enlight Renewable's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Short Term Investments	Intangible Assets	Net Tangible Assets	Long Term Debt	Deferred Long Term Liab	Net Invested Capital	Long Term Investments	Short Long Term Debt	Capital Stock	Net Working Capital	Property Plant Equipment
Total Assets		0.97	0.47	0.99	-0.13	0.25	0.75	1.0	0.96	0.48	0.85	0.6	0.86	-0.8	0.65	0.37	0.73	0.68	0.54	0.0	-0.42	-0.31
Total Stockholder Equity	0.97		0.45	0.94	-0.11	0.26	0.78	0.96	0.94	0.56	0.78	0.47	0.81	-0.82	0.54	0.45	0.64	0.76	0.56	-0.14	-0.52	-0.2
Current Deferred Revenue	0.47	0.45		0.48	0.43	0.49	0.33	0.47	0.45	0.43	0.35	0.31	0.18	-0.28	0.04	0.29	0.1	0.37	0.22	-0.24	-0.28	0.12
Net Debt	0.99	0.94	0.48		-0.15	0.22	0.75	1.0	0.93	0.46	0.86	0.64	0.87	-0.81	0.66	0.31	0.74	0.66	0.56	0.04	-0.43	-0.38
Retained Earnings	-0.13	-0.11	0.43	-0.15		0.68	-0.27	-0.13	-0.09	0.46	-0.26	-0.24	-0.44	0.21	-0.48	0.39	-0.52	0.07	-0.38	-0.55	-0.03	0.67
Accounts Payable	0.25	0.26	0.49	0.22	0.68		-0.16	0.26	0.37	0.45	0.19	-0.02	-0.07	0.1	-0.18	0.27	-0.17	0.09	-0.15	-0.26	0.02	0.4
Net Receivables	0.75	0.78	0.33	0.75	-0.27	-0.16		0.74	0.58	0.48	0.4	0.28	0.65	-0.91	0.45	0.55	0.55	0.88	0.6	-0.32	-0.68	-0.15
Total Liab	1.0	0.96	0.47	1.0	-0.13	0.26	0.74		0.95	0.46	0.86	0.63	0.86	-0.79	0.67	0.35	0.75	0.66	0.52	0.04	-0.4	-0.33
Total Current Assets	0.96	0.94	0.45	0.93	-0.09	0.37	0.58	0.95		0.46	0.9	0.59	0.84	-0.67	0.6	0.26	0.67	0.55	0.47	0.08	-0.32	-0.32
Short Term Debt	0.48	0.56	0.43	0.46	0.46	0.45	0.48	0.46	0.46		0.26	-0.17	0.35	-0.66	-0.2	0.43	-0.07	0.8	0.53	-0.65	-0.81	0.15
Common Stock	0.85	0.78	0.35	0.86	-0.26	0.19	0.4	0.86	0.9	0.26		0.68	0.9	-0.58	0.66	-0.11	0.72	0.3	0.5	0.4	-0.18	-0.63
Short Term Investments	0.6	0.47	0.31	0.64	-0.24	-0.02	0.28	0.63	0.59	-0.17	0.68		0.57	-0.27	0.66	-0.16	0.67	0.01	0.24	0.53	0.12	-0.55
Intangible Assets	0.86	0.81	0.18	0.87	-0.44	-0.07	0.65	0.86	0.84	0.35	0.9	0.57		-0.81	0.71	-0.02	0.8	0.52	0.67	0.3	-0.4	-0.7
Net Tangible Assets	-0.8	-0.82	-0.28	-0.81	0.21	0.1	-0.91	-0.79	-0.67	-0.66	-0.58	-0.27	-0.81		-0.43	-0.39	-0.56	-0.9	-0.74	0.25	0.77	0.33
Long Term Debt	0.65	0.54	0.04	0.66	-0.48	-0.18	0.45	0.67	0.6	-0.2	0.66	0.66	0.71	-0.43		0.11	0.98	0.17	0.14	0.57	0.22	-0.46
Deferred Long Term Liab	0.37	0.45	0.29	0.31	0.39	0.27	0.55	0.35	0.26	0.43	-0.11	-0.16	-0.02	-0.39	0.11		0.1	0.66	-0.17	-0.7	-0.27	0.69
Net Invested Capital	0.73	0.64	0.1	0.74	-0.52	-0.17	0.55	0.75	0.67	-0.07	0.72	0.67	0.8	-0.56	0.98	0.1		0.3	0.33	0.53	0.06	-0.53
Long Term Investments	0.68	0.76	0.37	0.66	0.07	0.09	0.88	0.66	0.55	0.8	0.3	0.01	0.52	-0.9	0.17	0.66	0.3		0.62	-0.59	-0.83	0.09
Short Long Term Debt	0.54	0.56	0.22	0.56	-0.38	-0.15	0.6	0.52	0.47	0.53	0.5	0.24	0.67	-0.74	0.14	-0.17	0.33	0.62		-0.02	-0.77	-0.57
Capital Stock	0.0	-0.14	-0.24	0.04	-0.55	-0.26	-0.32	0.04	0.08	-0.65	0.4	0.53	0.3	0.25	0.57	-0.7	0.53	-0.59	-0.02		0.62	-0.7
Net Working Capital	-0.42	-0.52	-0.28	-0.43	-0.03	0.02	-0.68	-0.4	-0.32	-0.81	-0.18	0.12	-0.4	0.77	0.22	-0.27	0.06	-0.83	-0.77	0.62		0.1
Property Plant Equipment	-0.31	-0.2	0.12	-0.38	0.67	0.4	-0.15	-0.33	-0.32	0.15	-0.63	-0.55	-0.7	0.33	-0.46	0.69	-0.53	0.09	-0.57	-0.7	0.1

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Enlight Price To Sales Historical Pattern

Today, most investors in Enlight Renewable Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Enlight Renewable's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's price to sales growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Enlight Renewable price to sales as a starting point in their analysis.

Enlight Renewable Price To Sales

Timeline

The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.

Competition

Predict Enlight Renewable

Price To Sales Ratio Over Time

Enlight Price To Sales Ratio

Price To Sales Ratio

10.19

At this time, Enlight Renewable's Price To Sales Ratio is comparatively stable compared to the past year.

Based on the latest financial disclosure, Enlight Renewable Energy has a Price To Sales of 6.1731 times. This is 34.95% lower than that of the Independent Power and Renewable Electricity Producers sector and 178.07% higher than that of the Utilities industry. The price to sales for all United States stocks is 45.94% higher than that of the company.

Enlight Price To Sales Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Enlight Renewable's direct or indirect competition against its Price To Sales to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Enlight Renewable could also be used in its relative valuation, which is a method of valuing Enlight Renewable by comparing valuation metrics of similar companies.

Enlight Renewable is currently under evaluation in price to sales category among its peers.

Enlight Renewable Current Valuation Drivers

We derive many important indicators used in calculating different scores of Enlight Renewable from analyzing Enlight Renewable's financial statements. These drivers represent accounts that assess Enlight Renewable's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Enlight Renewable's important valuation drivers and their relationship over time.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	922.2M	2.7B	7.2B	6.8B	9.0B	9.4B
Enterprise Value	2.9B	4.8B	12.0B	13.6B	10.2B	10.7B

Enlight Renewable ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Enlight Renewable's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Enlight Renewable's managers, analysts, and investors.

Environmental

Governance

Social

Enlight Fundamentals

	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
	Shares Owned By Insiders	1.38 %
	Shares Owned By Institutions	74.09 %
	Number Of Shares Shorted	102.19 K
	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
	Short Ratio	14.14 X
	Earnings Per Share	0.44 X
	Target Price	19.4
	Number Of Employees	287
	Beta	0.68
	Market Capitalization	1.9 B
	Total Asset	4.63 B
	Retained Earnings	63.71 M
	Working Capital	81.35 M
	Net Asset	4.63 B

About Enlight Renewable Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Enlight Renewable Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Enlight Renewable using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Enlight Renewable Energy based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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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.

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