Enlight Renewable Energy Ltd. Ordinary Shares (ENLT)

FairStock Score: 29/100 — RISKY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

As a value investor, I see Enlight as a capital-intensive renewable developer with a substantial pipeline: roughly 20 GW of multi-technology generation capacity and 35.8 GWh of storage. In the latest quarter provided, 2026-Q2, revenue was $166.0M and net income $29.4M, a 17.69% net margin. That is a real profit, but the balance sheet and cash flow are less comforting. At the 2026-10-13 close of $70.44 and a $12.3B market cap, FairStock calculates a P/E of 115.48, P/B of 4.54, EV/EBITDA of 35.94, and PEG of 0.12. The Graham Number is $14.59, leaving a margin of safety of -382.80%. Those numbers scream that the market is pricing in enormous future success. Returns on capital are modest: ROE 5.98% and ROCE 2.18%, against debt/equity of 2.62. Trailing free cash flow is -$1.5B, a -12.2% FCF yield, and the Altman Z-score of 1.02 points to financial fragility. The Piotroski F-Score is 5/9, neither strong nor damning. No Peter Lynch category is assigned because only 0 years of filed results exist, while 3 are needed. The growth trajectory is promising if the pipeline converts, but the company has not yet proven it can generate consistent free cash flow. I prefer businesses that produce cash today and trade with a margin of safety. Here the price already assumes a lot, and the evidence of durable competitive advantage is unproven. I would file this under watch, not comfort.

In plain English: Enlight Renewable Energy builds and runs large solar, wind, and energy storage projects. The business is growing and posted a profit in the latest quarter, but it spends more cash than it brings in and carries a lot of debt. The share price looks expensive compared with the company's profits and accounting value.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer