Enlight Renewable Energy Ltd (ENLT) Key Metrics

NASDAQ: ENLTValuation, returns, debt and efficiency ratios over 2 years.

ENLT valuation today

Trailing 12 months · as of October 18, 2026
Market cap
$9.75B
Enterprise value
$15.51B
P/E (TTM)
114.2
Forward P/E
92.6
PEG ratio
—
Price / sales
16.7
Price / book
4.7
EV / EBITDA
31.8
Dividend yield
—
Beta
0.95

ENLT key metrics, 2024–2025

Fiscal year ended December 31, 2025 · U.S. dollars

ENLT valuation Price multiples at each fiscal year-end price.

P/E ratio−4.9%
45.9
2025 · hover or tap a bar for each year
2024: 48.22025: 45.9 (−4.9%)
20242025
Price / sales+94.7%
10.4
2025 · hover or tap a bar for each year
2024: 5.32025: 10.4 (+94.7%)
20242025
Price / book+73.4%
11.4
2025 · hover or tap a bar for each year
2024: 6.62025: 11.4 (+73.4%)
20242025
EV / EBITDA+57.9%
15.6
2025 · hover or tap a bar for each year
2024: 9.92025: 15.6 (+57.9%)
20242025
Free cash flow yield−19.4 pts
−28.6%
2025 · hover or tap a bar for each year
2024: −9.3%2025: −28.6% (−19.4 pts)
20242025

ENLT valuation history

Fiscal year-endToday2-year median

ENLT returns on capital

ROEROICROA

Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.

ENLT debt vs cash

Total debtCash & short-term investments

Debt includes short- and long-term borrowings and, where reported, lease liabilities.

ENLT price vs earnings per share

Share price at year-endEPS (right axis)

ENLT key metrics

2024–2025
Enlight Renewable Energy Ltd key metrics by fiscal year
20252024
Valuation
Market capitalization$6.03B$2.13B
Enterprise value$7.47B$2.88B
P/E ratio45.948.2
Price / sales10.45.3
Price / book11.46.6
Price / operating cash flow26.639.5
EV / sales12.97.2
EV / EBITDA15.69.9
Earnings yield2.2%2.1%
Free cash flow yield−28.6%−9.3%
Dividend yield0.0%0.0%
Shareholder yield (dividends + buybacks)0.0%0.0%
Share price at fiscal year-end$45.46$17.25
Per share
Revenue per share$4.37$3.23
Earnings per share$0.99$0.36
Operating cash flow per share$1.71$0.44
Free cash flow per share−$13.01−$1.60
Cash per share$1.25$0.86
Book value per share$3.99$2.63
Tangible book value per share$3.28$1.98
Dividends per share$0.00$0.00
Capex per share$14.72$2.03
Debt per share$12.12$6.94
Shares outstanding132.6M123.3M
Change in shares outstanding+7.5%—
Returns & profitability
Return on equity (ROE)30.8%13.6%
Return on invested capital (ROIC)11.7%11.6%
Return on assets (ROA)6.2%2.9%
Return on tangible assets5.0%3.1%
Free cash flow margin−297.8%−49.5%
Income quality (OCF / net income)1.731.22
Financial health
Total debt$1.61B$855.8M
Cash & short-term investments$165.9M$106.3M
Net debt$1.44B$749.5M
Debt / equity3.032.64
Debt / assets0.590.56
Net debt / EBITDA3.012.58
Current ratio0.671.20
Quick ratio0.671.20
Interest coverage1.35.8
Working capital−$167.4M$31.8M
Invested capital$1.97B$1.07B
Tangible asset value$530.7M$315.5M
Net current asset value−$1.74B−$932.6M
Graham number$9.44$4.60
Graham net-net per share−$14.23−$8.16
Capital allocation
Dividends paid$0$0
Share buybacks (net)—$0
Dividend payout ratio0.0%0.0%
Capex / revenue337.0%63.0%
Capex / operating cash flow860.7%465.8%
Capex / depreciation13.022.30
Stock-based compensation / revenue1.8%7.6%
R&D / revenue2.1%2.9%
SG&A / revenue10.0%9.7%
Efficiency
Days sales outstanding18.217.6
Days payables outstanding119.4201.5
Cash conversion cycle (days)-101.2-183.9
Receivables turnover20.0020.71
Payables turnover3.061.81
Asset turnover0.270.26
Average receivables$29.0M$19.2M
Average payables$43.8M$44.5M
Intangibles / total assets3.5%5.3%

Computed from ENLT's annual financial statements (latest annual report filed March 30, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.

ENLT valuation and financial ratios

At the end of fiscal 2025 (December 31, 2025), Enlight Renewable Energy traded at 45.9 times earnings. Based on the latest twelve months, the trailing P/E is 114.2 and the forward P/E is 92.6. Enlight Renewable Energy earned a return on equity of 30.8% and a return on invested capital of 11.7% in fiscal 2025. It ended the year with $1.6 billion of debt and $165.9 million in cash and short-term investments, net debt of $1.4 billion.

See the ENLT income statement, the ENLT chart for price history, or the ENLT stock overview for the latest quote and news.

ENLT key metrics FAQ

What is Enlight Renewable Energy's P/E ratio?

Enlight Renewable Energy's trailing P/E ratio is 114.2 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 92.6. At the end of fiscal 2025 it was 45.9.

What is Enlight Renewable Energy's EV/EBITDA?

Enlight Renewable Energy's enterprise value was 15.6 times EBITDA at the end of fiscal 2025 (enterprise value $7.5 billion, EBITDA $478.6 million); the current EV/EBITDA is 31.8.

What is Enlight Renewable Energy's return on equity?

Enlight Renewable Energy's return on equity (ROE) was 30.8% in fiscal 2025: net income of $131.5 million on average shareholders' equity of $426.9 million.

What is Enlight Renewable Energy's ROIC?

Enlight Renewable Energy's return on invested capital was 11.7% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.

How much debt does Enlight Renewable Energy have?

Enlight Renewable Energy had total debt of $1.6 billion at the end of fiscal 2025, a debt-to-equity ratio of 3.03 and $1.4 billion of net debt (3.01 times EBITDA).

Does Enlight Renewable Energy pay a dividend?

Enlight Renewable Energy did not pay a dividend in fiscal 2025.

What is Enlight Renewable Energy's free cash flow yield?

Enlight Renewable Energy generated -$1.7 billion of free cash flow in fiscal 2025, a free cash flow yield of −28.6% on its market value at year-end ($6.0 billion).

What is Enlight Renewable Energy's current ratio?

Enlight Renewable Energy's current ratio was 0.67 at the end of fiscal 2025: current assets were 0.67 times current liabilities.

Utilities - Renewable key metrics