Elecnor (ENO) AI Stock Analysis

• Market Cap: €2.46B
• Dividend Yield: 29.78%
• Average Volume (3M): 114.86K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.01
• Revenue Growth: 11.61%
• EPS Growth: -212.68%
• Country: ES
• Employees: 20,583
• Sector: Industrials
• Sector Strength: 72
• Industry: Industrial - Infrastructure Operations
• EPS (TTM): N/A
• Shares Outstanding: 87,000,000
• 10 Day Avg. Volume: 112,763
• 30 Day Avg. Volume: 114,865
• PEG Ratio: <0.01
• Price to Book (P/B): 1.17
• Price to Sales (P/S): 0.36
• P/FCF Ratio: -559.74
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 62 Neutral
• Price Target: €29.00 ▲(6.23% Upside)

Elecnor's stock score is primarily driven by its solid financial performance and positive technical indicators. The company's strong revenue and net income growth, along with improved balance sheet metrics, contribute positively. However, the negative P/E ratio and liquidity challenges in cash flow are significant concerns. The high dividend yield provides some offsetting value for investors seeking income.

Elecnor Business Overview & Revenue Model

Company Description

Elecnor (ENO) is a Spanish multinational company specializing in engineering, construction, operation, and maintenance of infrastructure projects in sectors such as energy, telecommunications, and environmental services. With a strong presence in renewable energy, Elecnor focuses on wind and solar power, alongside traditional energy projects, and offers a range of services that include project development, construction, and management of energy and telecommunications infrastructures.

How the Company Makes Money

Elecnor generates revenue through multiple key streams, primarily from the execution of engineering and construction contracts in the energy and telecommunications sectors. The company undertakes large-scale projects for both public and private clients, which involve significant capital investment and long-term contracts. Revenue is also derived from the operation and maintenance of energy facilities, particularly in renewable energy, where Elecnor has established a strong foothold. Additionally, partnerships with government entities and other corporations enhance its project pipeline and revenue potential. By diversifying its portfolio across various sectors and maintaining strategic alliances, Elecnor effectively mitigates risks and capitalizes on growth opportunities in the evolving energy landscape.

Elecnor Financial Statement Overview

Summary

Elecnor demonstrates a solid growth trajectory in revenue and net income, despite challenges in EBIT and cash flow. The balance sheet shows improved equity and reduced leverage, enhancing financial stability. The cash flow position requires attention, particularly in maintaining positive free cash flow. Overall, the company is in a stable financial position with room for improvement in operational efficiency.

Income Statement

Elecnor's revenue has shown moderate growth, with a notable increase from 2023 to 2024. However, the company experienced a significant decline in EBIT, resulting in a negative EBIT margin for 2024. Gross profit margin remains strong, but net profit margin saw a considerable improvement due to a substantial net income increase in 2024.

Balance Sheet

The company has strengthened its equity position over time, reflected in a higher equity ratio. Debt levels have decreased, leading to a lower debt-to-equity ratio, which indicates reduced leverage risk. Return on equity has improved significantly due to increased net income, showcasing enhanced profitability.

Cash Flow

Elecnor's cash flow from operations has declined, and free cash flow turned negative in 2024, indicating potential liquidity challenges. The operating cash flow to net income ratio has decreased, suggesting less cash generation from operations relative to net income. However, the company has managed its capital expenditures efficiently in previous years.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	4.10B	3.81B	3.79B	3.39B	3.12B	2.46B
Gross Profit	1.18B	1.87B	1.63B	1.57B	1.54B	1.22B
EBITDA	174.16M	178.47M	200.98M	157.32M	269.10M	233.04M
Net Income	-92.96M	705.20M	110.06M	102.81M	85.88M	78.30M
Balance Sheet
Total Assets	3.50B	3.61B	4.08B	3.56B	3.29B	3.05B
Cash, Cash Equivalents and Short-Term Investments	431.82M	429.01M	336.87M	385.36M	399.64M	401.36M
Total Debt	406.76M	270.31M	668.44M	1.04B	1.01B	973.76M
Total Liabilities	2.60B	2.44B	3.15B	2.72B	2.65B	2.45B
Stockholders Equity	899.73M	1.17B	906.45M	807.21M	609.26M	576.08M
Cash Flow
Free Cash Flow	186.96M	-2.43M	111.51M	70.96M	98.47M	-35.70M
Operating Cash Flow	259.87M	94.45M	206.00M	226.87M	206.19M	193.99M
Investing Cash Flow	571.34M	963.31M	-268.06M	-128.55M	-99.96M	-209.60M
Financing Cash Flow	-819.97M	-1.04B	73.70M	-113.91M	-109.75M	82.13M

Elecnor Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 27.30
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ES:ENO, the sentiment is Neutral. The current price of 27.3 is below the 20-day moving average (MA) of 28.02, above the 50-day MA of 25.90, and above the 200-day MA of 20.67, indicating a neutral trend. The MACD of 0.86 indicates Positive momentum. The RSI at 53.83 is Neutral, neither overbought nor oversold. The STOCH value of 28.47 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for ES:ENO.

Elecnor Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FER	78 Outperform	€39.09B	11.69	69.30%	1.47%	5.75%	346.20%
FCC	70 Outperform	€5.39B	22.76	5.28%	4.57%	5.00%	-64.19%
SCYR	65 Neutral	€2.98B	32.17	10.80%	5.49%	2.03%	-32.59%
ACS	65 Neutral	€19.06B	21.68	19.75%	2.66%	25.47%	7.63%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
ENO	62 Neutral	€2.46B	―	-6.79%	29.78%	11.61%	-212.68%
OHLA	41 Neutral	€610.08M	-8.60	-7.07%	―	5.25%	-19.03%