Saturday 17 October 2026
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Enlight Renewable Energy Ltd.
ENLT Utilities Utilities Renewable
Enlight Renewable Energy Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $488.6 million, up 29.3% from fiscal 2024. In the quarter to June 2026, revenue grew 43.0%, EPS fell 72.0%, free cash flow fell 87.8% and total debt rose 60.1%, each against the same quarter a year earlier. Revenue growth for five consecutive years, operating cash flow growth for five.
69.68
0.38
−0.54%
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Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | — | — | — | — | — | — | — | 1.96 | 14.09 | 14.01 |
Analyst estimates 2026–2028 Powerpack |
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| High | — | — | — | — | — | — | — | 20.44 | 19.57 | 45.82 | |||||
| People | |||||||||||||||
| People | Employees | — | — | — | — | — | 217 | 217 | 287 | 360 | 360 | ||||
| Revenue/emp, $m | — | — | 0.00 | 0.00 | 0.00 | 0.47 | 0.89 | 0.89 | 1.05 | 1.36 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | — | — | 21 | 56 | 70 | 102 | 192 | 256 | 378 | 489 | ||||
| Gross margin, % | — | — | 51.07 | 60.94 | 57.40 | 59.77 | 57.85 | 53.62 | 49.84 | 41.81 | |||||
| EBT | — | — | 7 | 7 | (53) | 27 | 51 | 126 | 85 | 205 | |||||
| EBT margin, % | — | — | 35.75 | 12.95 | (75.92) | 26.71 | 26.57 | 49.46 | 22.43 | 41.87 | |||||
| Net income | — | — | 1 | (5) | (41) | 22 | 38 | 98 | 67 | 161 | |||||
| Depreciation | — | — | 3 | 11 | 17 | 21 | 42 | 66 | 109 | 150 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | — | — | 0.40 | 0.89 | 0.09 | 1.09 | 1.97 | 2.21 | 3.19 | 3.95 | ||||
| Earnings | — | — | 0.01 | (0.08) | (0.05) | 0.01 | 0.25 | 0.61 | 0.37 | 1.07 | |||||
| Cash flow | — | — | 0.34 | 0.46 | 0.05 | 0.55 | 0.93 | 1.29 | 2.16 | 2.28 | |||||
| Capex | — | — | 0.00 | 0.00 | (0.44) | (4.83) | (6.74) | (6.32) | (7.60) | (14.65) | |||||
| Free cash flow | — | — | 0.34 | 0.46 | (0.39) | (4.28) | (5.81) | (5.02) | (5.44) | (12.37) | |||||
| Book value | — | — | 2.03 | 4.71 | 0.65 | 8.08 | 10.79 | 12.41 | 12.18 | 16.13 | |||||
| Shares, m | — | — | 52 | 62 | 783 | 94 | 97 | 116 | 118 | 124 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | — | — | 5.01 | 5.01 | 5.01 | 5.01 | 5.01 | 27.31 | 46.62 | 24.71 | ||||
| P/S | — | — | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 8.55 | 5.40 | 11.51 | |||||
| P/B | — | — | 0.18 | 0.18 | 0.18 | 0.18 | 0.18 | 1.52 | 1.42 | 2.82 | |||||
| EV/Sales | — | — | 10.54 | 10.54 | 10.54 | 10.54 | 10.54 | 16.93 | 12.37 | 20.05 | |||||
| EV/FCF | — | — | (3.58) | (3.58) | (3.58) | (3.58) | (3.58) | (7.45) | (7.26) | (6.40) | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | — | — | 18 | 29 | 39 | 52 | 90 | 150 | 255 | 283 | ||||
| Capex | — | — | (184) | (165) | (342) | (453) | (656) | (731) | (899) | (1,813) | |||||
| Free cash flow | — | — | 18 | 29 | (303) | (401) | (566) | (581) | (644) | (1,530) | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | — | — | 45 | 192 | (52) | 212 | 38 | 81 | 116 | (533) | ||||
| Total debt | — | — | 582 | 797 | 1,165 | 1,814 | 2,155 | 2,690 | 3,108 | 5,109 | |||||
| Net debt | — | — | 482 | 525 | 945 | 1,474 | 1,835 | 2,144 | 2,633 | 4,171 | |||||
| Shareholders’ equity | — | — | 106 | 295 | 512 | 757 | 1,050 | 1,436 | 1,441 | 1,995 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | — | — | 0.00 | (0.48) | (2.82) | 0.48 | 0.78 | 1.74 | 0.87 | 1.86 | ||||
| ROIC | — | — | 0.00 | 0.00 | 1.22 | 0.96 | 1.96 | 2.76 | 2.69 | 3.37 | |||||
| ROE | — | — | 0.00 | (2.52) | (10.87) | 1.77 | 2.74 | 5.71 | 3.07 | 7.69 | |||||
Negative figures in brackets.
Fiscal years to Dec 2025 · latest quarter Jun 2026
Charts ten years each
Enlight Renewable Energy Ltd. vs peers in Utilities Renewable (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| AXIAY AXIA Energia | $23.4B | 13.2× | 12.1× | +23.00% (above 0%: growing) | n/m | +98.52% (above 0%: growing) | 88.38% | 38.51% | Compare |
| ENLT Enlight Renewable Energy Ltd. | $9.8B | 102× | — | +42.95% (above 0%: growing) | −72.00% (below 0%: shrinking) | −87.75% (below 0%: shrinking) | 42.23% | 54.78% | |
| BEP Brookfield Renewable Partners L.P. | $8.6B | — (loss-making) | — (loss-making) | +11.52% (above 0%: growing) | n/m | +250.13% (above 0%: growing) | 59.97% | 27.51% | Compare |
| CWEN Clearway Energy, Inc. | $6.2B | 749× | — (loss-making) | +18.79% (above 0%: growing) | n/m | +735.90% (above 0%: growing) | 62.15% | 5.65% | Compare |
| ORA Ormat Technologies, Inc. | $5.5B | 42.9× | 78.5× | +10.57% (above 0%: growing) | −4.35% (below 0%: shrinking) | −376.02% (below 0%: shrinking) | 26.55% | 13.22% | Compare |
| BEPC Brookfield Renewable Corporation | $5.4B | — (loss-making) | — (loss-making) | +19.78% (above 0%: growing) | n/m | +116.56% (above 0%: growing) | 61.84% | 32.69% | Compare |
| EBR.B Eletrobras | $2.6B | 14.7× | — | +23.00% (above 0%: growing) | +118.50% (above 0%: growing) | +98.52% (above 0%: growing) | 88.38% | 38.51% | Compare |
| RNW ReNew Energy Global PLC | $2.5B | 21.9× | 27.8× | +5.42% (above 0%: growing) | +6.25% (above 0%: growing) | −179.75% (below 0%: shrinking) | 83.20% | 50.00% | Compare |
| XIFR XPLR Infrastructure, LP | $1.9B | 15.3× | — (loss-making) | +6.14% (above 0%: growing) | −52.38% (below 0%: shrinking) | −105.30% (below 0%: shrinking) | 100.00% | 16.53% | Compare |
| Median of peers | $5.4B | 18.6× | 27.8× | +15.16% | +0.95% | +98.52% | 72.68% | 30.10% |
Enlight Renewable Energy Ltd. (ENLT) key facts
- Strength: Enlight Renewable Energy Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $488.6 million, up 29.3% from fiscal 2024.
- Enlight Renewable Energy Ltd. (ENLT) is an Utilities Renewable company in the Utilities sector, listed on Nasdaq.
- As of October 16, 2026, ENLT traded at $69.68, a market capitalization of $9.8 billion.
- Return on equity was 7.69% and debt-to-equity 2.62.
- Its Piotroski F-score is 4 out of 9 and its Altman Z-score is 0.66 (distress zone) for fiscal 2025.