Reviewing Enlight Renewable Energy (ENLT) and Its Rivals

Enlight Renewable Energy (NASDAQ:ENLT) is one of 84 publicly-traded companies in the “Electric services” industry, but how does it compare to its rivals? We will compare Enlight Renewable Energy to related businesses based on the strength of its profitability, analyst recommendations, earnings, institutional ownership, dividends, valuation and risk.

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	30.37
Enlight Renewable Energy Competitors	$11.38 billion	$578.35 million	9.28

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.

Insider and Institutional Ownership

38.9% of Enlight Renewable Energy shares are owned by institutional investors. Comparatively, 58.4% of shares of all “Electric services” companies are owned by institutional investors. 6.4% of shares of all “Electric services” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock 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	-18.89%	5.65%	0.12%

Analyst Ratings

This is a breakdown of current recommendations for Enlight Renewable Energy and its rivals, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Enlight Renewable Energy	0	1	2	0	2.67
Enlight Renewable Energy Competitors	873	4100	4090	77	2.37

Enlight Renewable Energy currently has a consensus target price of $19.00, suggesting a potential upside of 9.76%. As a group, “Electric services” companies have a potential upside of 23.22%. Given Enlight Renewable Energy’s rivals higher possible upside, analysts plainly believe Enlight Renewable Energy has less favorable growth aspects than its rivals.

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.