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Enlight Renewable EnergyXTAE:ENLT -1.48%61 Piotroski F-Score is 5 as of Jul. 18, 2026, which is 17% below its 10-year median of 6.00. GuruFocus rates XTAE:ENLT with a GF Score™ of 61/100 and a GF Value™ of ₪138.69 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 418 Utilities - Independent Power Producers companies, Enlight Renewable Energy ranks better than 61.48% 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:
XTAE: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 (XTAE: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.
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
* 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 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.
* 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 (Mar26) TTM:
Last Year (Mar25) TTM:
Net Income was 4.122 + 66.905 + 43.325 + 73.123 = ₪187 Mil. Cash Flow from Operations was 144.393 + 216.605 + 365.083 + 304.803 = ₪1,031 Mil. Revenue was 352.711 + 420.81 + 661.74 + 475.337 = ₪1,911 Mil. Gross Profit was 262.053 + 301.267 + 544.666 + 340.838 = ₪1,449 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(17874.083 + 20727.328 + 23618.504 + 26213.776 + 28291.592) / 5 = ₪23345.0566 Mil. Total Assets at the begining of this year (Mar25) was ₪17,874 Mil. Long-Term Debt & Capital Lease Obligation was ₪12,466 Mil. Total Current Assets was ₪4,130 Mil. Total Current Liabilities was ₪5,334 Mil.
Net Income was 24.431 + 43.276 + 15.662 + 286.921 = ₪370 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 187.
==> 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 1,031.
==> 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.
Enlight Renewable Energy's return on assets of this year was 0.01048865. Enlight Renewable Energy's return on assets of last year was 0.02630951.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Enlight Renewable Energy's gearing of this year was 0.53400997. Enlight Renewable Energy's gearing of last year was 0.59504076.
==> This year is lower or equal to last year. ==> Score 1.
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
Enlight Renewable Energy's current ratio of this year was 0.77426847. Enlight Renewable Energy's current ratio of last year was 1.3115071.
==> Last year's current ratio is higher ==> Score 0.
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 146.664. Enlight Renewable Energy's number of shares in issue last year was 125.316.
==> 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.
Enlight Renewable Energy's gross margin of this year was 0.75830918. Enlight Renewable Energy's gross margin of last year was 0.78022976.
==> 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
Enlight Renewable Energy's asset turnover of this year was 0.10689209. Enlight Renewable Energy's asset turnover of last year was 0.09024713.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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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.
Enlight Renewable Energy (XTAE:ENLT) has a Piotroski F-Score of 5 as of Jul. 18, 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 #161 out of 418 companies in the Utilities - Independent Power Producers industry, placing it in the top 38.5%.
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 #161 out of 418 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Enlight Renewable Energy has a GF Score™ of 61/100 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 #161 out of 418 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 418 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 (XTAE:ENLT) is currently considered Significantly Overvalued. The stock's GF Value™ is ₪138.69, compared to a current price of ₪272.10 — trading 96.2% 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 61/100 with 7 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 (XTAE:ENLT), the current Piotroski F-Score is 5 as of Jul. 18, 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 (XTAE:ENLT) Overvalued in 2026?
Based on GuruFocus' analysis, Enlight Renewable Energy stock appears to be overvalued.
The current stock price of ₪272.10 is trading 96.2% above its estimated GF Value™ of ₪138.69.
GuruFocus considers Enlight Renewable Energy to be Significantly Overvalued.
Key valuation signals for XTAE:ENLT:
Piotroski F-Score: 5 (17% below median its 10-year median of 6.00)
GF Value™: ₪138.69 vs. price of ₪272.10 (96.2% above fair value)
Industry Position: 0% at the Utilities - Independent Power Producers median (#161 of 418)
No single metric tells the full story. See the XTAE:ENLT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
61GF Score
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