Enlight Renewable Energy Stock Year To Date Return

ENLT Stock

16.51 0.11 0.67%

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.

Short Long Term Debt Total Total Assets

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Enlight Renewable Energy Company Year To Date Return Analysis

Enlight Renewable's Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.

YTD Return

(Mean of Monthly Returns - 1)

X

100%

More About Year To Date Return | All Equity Analysis

Enlight Year To Date Return 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 Year To Date Return. 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

Click cells to compare fundamentals

Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.

Competition

Predict Enlight Renewable

Enlight Return On Tangible Assets

Return On Tangible Assets

0.0207

At this time, Enlight Renewable's Return On Tangible Assets are comparatively stable compared to the past year.

According to the company's disclosures, Enlight Renewable Energy has a Year To Date Return of 0.0%. This indicator is about the same for the Independent Power and Renewable Electricity Producers average (which is currently at 0.0) sector and about the same as Utilities (which currently averages 0.0) industry. This indicator is about the same for all United States stocks average (which is currently at 0.0).

Enlight Year To Date Return 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 Year To Date Return 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 year to date return 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	11.3B	11.8B

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	4.86 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	1.58 X
	Price To Sales	6.32 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	1.94 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.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC