Contrasting Enlight Renewable Energy (ENLT) and The Competition

Enlight Renewable Energy (NASDAQ:ENLT) is one of 87 public companies in the “Electric services” industry, but how does it contrast to its rivals? We will compare Enlight Renewable Energy to related companies based on the strength of its profitability, dividends, valuation, risk, earnings, institutional ownership and analyst recommendations.

Valuation and Earnings

This table compares Enlight Renewable Energy and its rivals gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Enlight Renewable Energy	$255.70 million	$70.92 million	29.68
Enlight Renewable Energy Competitors	$10.49 billion	$562.51 million	9.41

Enlight Renewable Energy’s rivals have higher revenue and earnings than Enlight Renewable Energy. Enlight Renewable Energy is trading at a higher price-to-earnings ratio than its rivals, indicating that it is currently more expensive than other companies in its industry.

Analyst Ratings

This is a summary of recent ratings and target prices for Enlight Renewable Energy and its rivals, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Enlight Renewable Energy	0	1	2	0	2.67
Enlight Renewable Energy Competitors	923	4285	4142	77	2.36

Enlight Renewable Energy presently has a consensus price target of $19.00, indicating a potential upside of 12.29%. As a group, “Electric services” companies have a potential upside of 26.59%. Given Enlight Renewable Energy’s rivals higher possible upside, analysts clearly believe Enlight Renewable Energy has less favorable growth aspects than its rivals.

Institutional & Insider Ownership

38.9% of Enlight Renewable Energy shares are owned by institutional investors. Comparatively, 58.3% of shares of all “Electric services” companies are owned by institutional investors. 5.6% of shares of all “Electric services” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Profitability

This table compares Enlight Renewable Energy and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Enlight Renewable Energy	27.74%	5.09%	1.74%
Enlight Renewable Energy Competitors	-15.76%	6.23%	0.53%

Summary

Enlight Renewable Energy rivals beat Enlight Renewable Energy on 7 of the 12 factors compared.

Enlight Renewable Energy Company Profile

Enlight Renewable Energy Ltd operates as a renewable energy platform in Israel and internationally. The company initiates, plans, develops, constructs, and operates projects to produce electricity from renewable energy sources. It develops wind energy and solar energy projects, as well as energy storage projects. The company was incorporated in 1981 and is headquartered in Rosh HaAyin, Israel.