ENLT (Enlight Renewable Energy) Piotroski F-Score: 5 (As of Sep. 01, 2026) — 17% Below Median

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ENLT Enlight Renewable Energy Ltd ENLT
69 GF Score
Price $74.65
GF Value $47.05
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Enlight Renewable Energy Piotroski F-Score?

Enlight Renewable Energy ENLT -4.46% 69 Piotroski F-Score is 5 as of Sep. 01, 2026, which is 17% below its 10-year median of 6.00. GuruFocus rates ENLT with a GF Score™ of 69/100 and a GF Value™ of $47.05 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 428 Utilities - Independent Power Producers companies, Enlight Renewable Energy ranks better than 62.15% on this metric.

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Enlight Renewable Energy has an F-score of 5 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Enlight Renewable Energy's Piotroski F-Score or its related term are showing as below:

ENLT' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 6   Max: 8
Current: 5

During the past 13 years, the highest Piotroski F-Score of Enlight Renewable Energy was 8. The lowest was 2. And the median was 6.

Enlight Renewable Energy  (NAS:ENLT) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


Enlight Renewable Energy Piotroski F-Score Related Terms


Enlight Renewable Energy Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Enlight Renewable Energy's Piotroski F-Score 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.

Enlight Renewable Energy Piotroski F-Score Chart

Enlight Renewable Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.00 6.00 8.00 6.00 5.00

Enlight Renewable Energy Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Piotroski F-Score 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 6.00 6.00 5.00 5.00 5.00

Enlight Renewable Energy Piotroski F-Score Competitor Comparison

For the Utilities - Renewable subindustry, Enlight Renewable Energy's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score 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.


Enlight Renewable Energy Piotroski F-Score vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Enlight Renewable Energy's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Enlight Renewable Energy's Piotroski F-Score falls into.


ENLT
69GF Score
Enlight Renewable Energy Ltd ENLT
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

How is the Piotroski F-Score calculated?

* 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.

This Year (Jun26) TTM:Last Year (Jun25) TTM:
Net Income was 22.026 + 14.263 + 24.073 + 29.369 = $89.7 Mil.
Cash Flow from Operations was 71.309 + 120.19 + 100.345 + 84.453 = $376.3 Mil.
Revenue was 138.536 + 217.853 + 156.487 + 165.99 = $678.9 Mil.
Gross Profit was 99.181 + 179.311 + 112.208 + 117.489 = $508.2 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(6823.695 + 7775.506 + 8629.902 + 9313.945 + 10462.057) / 5 = $8601.021 Mil.
Total Assets at the begining of this year (Jun25) was $6,823.7 Mil.
Long-Term Debt & Capital Lease Obligation was $5,649.1 Mil.
Total Current Assets was $1,551.7 Mil.
Total Current Liabilities was $1,382.8 Mil.
Net Income was 14.247 + 5.156 + 94.458 + 1.357 = $115.2 Mil.

Revenue was 109.495 + 114.205 + 109.758 + 116.117 = $449.6 Mil.
Gross Profit was 87.34 + 88.085 + 83.12 + 86.271 = $344.8 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(4800.627 + 5144.699 + 5546.885 + 5884.371 + 6823.695) / 5 = $5640.0554 Mil.
Total Assets at the begining of last year (Jun24) was $4,800.6 Mil.
Long-Term Debt & Capital Lease Obligation was $3,469.3 Mil.
Total Current Assets was $711.9 Mil.
Total Current Liabilities was $1,019.6 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Enlight Renewable Energy's current Net Income (TTM) was 89.7. ==> Positive ==> Score 1.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Enlight Renewable Energy's current Cash Flow from Operations (TTM) was 376.3. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Jun25)
=89.731/6823.695
=0.01314991

ROA (Last Year)=Net Income/Total Assets (Jun24)
=115.218/4800.627
=0.02400061

Enlight Renewable Energy's return on assets of this year was 0.01314991. Enlight Renewable Energy's return on assets of last year was 0.02400061. ==> Last year is higher ==> Score 0.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

Enlight Renewable Energy's current Net Income (TTM) was 89.7. Enlight Renewable Energy's current Cash Flow from Operations (TTM) was 376.3. ==> 376.3 > 89.7 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Jun26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun25 to Jun26
=5649.122/8601.021
=0.65679668

Gearing (Last Year: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=3469.29/5640.0554
=0.6151163

Enlight Renewable Energy's gearing of this year was 0.65679668. Enlight Renewable Energy's gearing of last year was 0.6151163. ==> Last year is lower than this year ==> Score 0.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Jun26)=Total Current Assets/Total Current Liabilities
=1551.71/1382.752
=1.12218966

Current Ratio (Last Year: Jun25)=Total Current Assets/Total Current Liabilities
=711.889/1019.639
=0.69817749

Enlight Renewable Energy's current ratio of this year was 1.12218966. Enlight Renewable Energy's current ratio of last year was 0.69817749. ==> This year's current ratio is higher. ==> Score 1.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

Enlight Renewable Energy's number of shares in issue this year was 150.456. Enlight Renewable Energy's number of shares in issue last year was 129.204. ==> There is larger number of shares in issue this year. ==> Score 0.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=508.189/678.866
=0.74858514

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=344.816/449.575
=0.76698215

Enlight Renewable Energy's gross margin of this year was 0.74858514. Enlight Renewable Energy's gross margin of last year was 0.76698215. ==> Last year's gross margin is higher ==> Score 0.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Jun25)
=678.866/6823.695
=0.09948657

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun24)
=449.575/4800.627
=0.09364923

Enlight Renewable Energy's asset turnover of this year was 0.09948657. Enlight Renewable Energy's asset turnover of last year was 0.09364923. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+0+1+0+1+0+0+1
=5

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Enlight Renewable Energy has an F-score of 5 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 5 mean?
Enlight Renewable Energy (ENLT) has a Piotroski F-Score of 5 as of Sep. 01, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Enlight Renewable Energy and its competitors. This is 17% below median its historical median of 6.00. Over the past decade, Enlight Renewable Energy's Piotroski F-Score has ranged from 2.00 to 8.00. According to the industry distribution chart, Enlight Renewable Energy ranks #162 out of 428 companies in the Utilities - Independent Power Producers industry, placing it in the top 37.9%.
Is Enlight Renewable Energy's Piotroski F-Score too high?
Enlight Renewable Energy's current Piotroski F-Score of 5 is 17% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 8.00. The Utilities - Independent Power Producers industry median Piotroski F-Score is 5.00. Enlight Renewable Energy's value of 5 is 0% at this industry median. Based on the distribution chart, Enlight Renewable Energy ranks #162 out of 428 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Enlight Renewable Energy has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Enlight Renewable Energy's Piotroski F-Score compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Enlight Renewable Energy ranks #162 out of 428 companies for Piotroski F-Score. This puts Enlight Renewable Energy in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Enlight Renewable Energy's value of 5 is 0% at this benchmark. Historically, Enlight Renewable Energy's own Piotroski F-Score has ranged from 2.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Enlight Renewable Energy has consistently been at the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Piotroski F-Score for an Utilities - Independent Power Producers company?
The median Piotroski F-Score among Utilities - Independent Power Producers companies is 5.00, based on 428 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Enlight Renewable Energy's current Piotroski F-Score of 5 is 0% at the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Enlight Renewable Energy and its competitors. For the Utilities - Independent Power Producers industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Enlight Renewable Energy's current Piotroski F-Score is 5, which is 17% below median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Enlight Renewable Energy stock overvalued right now?
Based on GuruFocus' analysis, Enlight Renewable Energy (ENLT) is currently considered Significantly Overvalued. The stock's GF Value™ is $47.05, compared to a current price of $74.65 — trading 58.7% above its estimated fair value. The current Piotroski F-Score is 5, which is 17% below median its 10-year median of 6.00 and 0% at the Utilities - Independent Power Producers industry median of 5.00. Enlight Renewable Energy's overall GF Score™ is 69/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Enlight Renewable Energy (ENLT), the current Piotroski F-Score is 5 as of Sep. 01, 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 Enlight Renewable Energy (ENLT) Overvalued in 2026?

Based on GuruFocus' analysis, Enlight Renewable Energy stock appears to be overvalued. The current stock price of $74.65 is trading 58.7% above its estimated GF Value™ of $47.05. GuruFocus considers Enlight Renewable Energy to be Significantly Overvalued.

Key valuation signals for ENLT:

  • Piotroski F-Score: 5 (17% below median its 10-year median of 6.00)
  • GF Value™: $47.05 vs. price of $74.65 (58.7% above fair value)
  • GF Score™: 69/100 with 3 warning signs
  • Industry Position: 0% at the Utilities - Independent Power Producers median (#162 of 428)

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


Enlight Renewable Energy Business Description

Other Exchanges ENLT:Israel
Address 13 Amal Street, P.O. Box 11659, Afek Industrial Park, Rosh Haayin, ISR, 4809249
Enlight Renewable Energy Ltd develops, finances, constructs, owns, and operates utility-scale renewable energy projects. The company's operating segments are the MENA segment, Europe segment, U.S.A segment, and Others. It generates the majority of its revenue from the Europe segment, producing its revenue from the sale of the electricity which is produced through wind energy and solar energy in Europe.
69GF Score

Get the complete analysis for ENLT

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

$74.65
Price
$47.05
GF Value