Enel SpA (XSWX:ENEL) E10: CHF0.26 (As of Mar. 2026)


XSWX:ENEL Enel SpA XSWX:ENEL
56 GF Score
Price CHF9.03
GF Value CHF5.90
Valuation Significantly Overvalued
! 10 Warning Signs
View Full Analysis

What is Enel SpA E10?

Enel SpA XSWX:ENEL 56 E10 is CHF0.26 as of Mar. 2026. GuruFocus rates XSWX:ENEL with a GF Score™ of 56/100 and a GF Value™ of CHF5.90 (Significantly Overvalued). The stock has 10 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Enel SpA's adjusted earnings per share data for the three months ended in Mar. 2026 was CHF0.164. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is CHF0.26 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Enel SpA's average E10 Growth Rate was 2.60% per year. During the past 3 years, the average E10 Growth Rate was 7.00% per year. During the past 5 years, the average E10 Growth Rate was 7.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Enel SpA was 11.10% per year. The lowest was -8.30% per year. And the median was 2.35% per year.

As of today (2026-06-29), Enel SpA's current stock price is CHF9.034. Enel SpA's E10 for the quarter that ended in Mar. 2026 was CHF0.26. Enel SpA's Shiller PE Ratio of today is 34.75.

During the past 13 years, the highest Shiller PE Ratio of Enel SpA was 33.10. The lowest was 12.53. And the median was 20.44.


Enel SpA  (XSWX:ENEL) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Enel SpA's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=9.034/0.26
=34.75

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Shiller P/E Ratio of Enel SpA was 33.10. The lowest was 12.53. And the median was 20.44.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Enel SpA E10 Related Terms


Enel SpA E10 Historical Data

* Premium members only.

The historical data trend for Enel SpA's E10 can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Enel SpA E10 Chart

Enel SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.24 0.38 0.28 0.33 0.27

Enel SpA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.32 0.29 0.30 0.27 0.26

XSWX:ENEL vs SRE: E10 Comparison

For the Utilities - Diversified subindustry, Enel SpA's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Enel SpA Shiller PE Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Enel SpA's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Enel SpA's Shiller PE Ratio falls into.


XSWX:ENEL
56GF Score
Enel SpA XSWX:ENEL
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Enel SpA E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Enel SpA's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.164/122.6000*122.6000
=0.164

Current CPI (Mar. 2026) = 122.6000.

Enel SpA Quarterly Data

per share eps CPI Adj_EPS
201606 0.109 99.900 0.134
201609 0.098 100.100 0.120
201612 -0.022 100.300 -0.027
201703 0.107 101.000 0.130
201706 0.087 101.100 0.106
201709 0.092 101.200 0.111
201712 0.128 101.200 0.155
201803 0.129 101.800 0.155
201806 0.104 102.400 0.125
201809 0.113 102.600 0.135
201812 0.192 102.300 0.230
201903 0.136 102.800 0.162
201906 0.112 103.100 0.133
201909 -0.153 102.900 -0.182
201912 0.142 102.800 0.169
202003 0.127 102.900 0.151
202006 0.075 102.900 0.089
202009 0.108 102.300 0.129
202012 -0.032 102.600 -0.038
202103 0.133 103.700 0.157
202106 0.055 104.200 0.065
202109 0.076 104.900 0.089
202112 0.073 106.600 0.084
202203 0.143 110.400 0.159
202206 0.021 112.500 0.023
202209 0.010 114.200 0.011
202212 -0.020 119.000 -0.021
202303 0.099 118.800 0.102
202306 0.137 119.700 0.140
202309 0.163 120.300 0.166
202312 -0.085 119.700 -0.087
202403 0.184 120.200 0.188
202406 0.202 120.700 0.205
202409 0.150 121.200 0.152
202412 0.103 121.200 0.104
202503 0.181 122.500 0.181
202506 0.131 122.700 0.131
202509 0.150 123.100 0.149
202512 -0.093 122.600 -0.093
202603 0.164 122.600 0.164

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of CHF0.26 mean?
Enel SpA (XSWX:ENEL) has a E10 of CHF0.26 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Enel SpA and its competitors.
Is Enel SpA's E10 too high?
Enel SpA's current E10 is CHF0.26. Overall, Enel SpA has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Enel SpA's E10 compare to SRE?
Enel SpA's E10 of CHF0.26 can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for an Utilities - Regulated company?
A good E10 depends on the Utilities - Regulated industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Enel SpA and its competitors. Enel SpA's current E10 is CHF0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Enel SpA stock overvalued right now?
Based on GuruFocus' analysis, Enel SpA (XSWX:ENEL) is currently considered Significantly Overvalued. The stock's GF Value™ is CHF5.90, compared to a current price of CHF9.03 — trading 53.1% above its estimated fair value. The current E10 is CHF0.26. Enel SpA's overall GF Score™ is 56/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Enel SpA (XSWX:ENEL), the current E10 is CHF0.26 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Enel SpA (XSWX:ENEL) Overvalued in 2026?

Based on GuruFocus' analysis, Enel SpA stock appears to be overvalued. The current stock price of CHF9.03 is trading 53.1% above its estimated GF Value™ of CHF5.90. GuruFocus considers Enel SpA to be Significantly Overvalued.

Key valuation signals for XSWX:ENEL:

  • E10: CHF0.26
  • GF Value™: CHF5.90 vs. price of CHF9.03 (53.1% above fair value)
  • GF Score™: 56/100 with 10 warning signs

No single metric tells the full story. See the XSWX:ENEL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Enel SpA Business Description

Address Viale Regina Margherita, 137, Rome, ITA, 00198
Enel is a diversified energy company domiciled in Italy. Operations are concentrated in Italy, Spain, and Latin America. The firm's primary activities are electric generation, electric networks, and gas and electricity marketing. Around 35% of the company's EBITDA is derived from its regulated networks, the rest is from generation and supply. Enel is a giant in global power generation with 81 gigawatts of capacity, of which 56 GW is renewables, including a large share of hydro.
56GF Score

Get the complete analysis for XSWX:ENEL

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF9.03
Price
CHF5.90
GF Value