ENLAY (Enel SpA) ROCE %: 14.89% (As of Mar. 2026)


ENLAY Enel SpA ENLAY
67 GF Score
Price $11.16
GF Value $7.55
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Enel SpA ROCE %?

Enel SpA ENLAY -0.80% 67 ROCE % is 14.89% as of Mar. 2026. GuruFocus rates ENLAY with a GF Score™ of 67/100 and a GF Value™ of $7.55 (Significantly Overvalued). The stock has 10 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Enel SpA's annualized ROCE % for the quarter that ended in Mar. 2026 was 14.89%.

Enel SpA  (OTCPK:ENLAY) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Enel SpA ROCE % Related Terms

Enel SpA ROCE % Historical Data

* Premium members only.

The historical data trend for Enel SpA's ROCE % 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 ROCE % Chart

Enel SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.90 7.99 7.92 10.99 8.83

Enel SpA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % 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 17.00 4.24 24.40 -12.48 14.89
ENLAY
67GF Score
Enel SpA ENLAY
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Enel SpA ROCE % Calculation

Enel SpA's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=13156.909/( ( (195957.068 - 52160.209) + (209200.234 - 55108.899) )/ 2 )
=13156.909/( (143796.859+154091.335)/ 2 )
=13156.909/148944.097
=8.83 %

Enel SpA's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=23273.988/( ( (209200.234 - 55108.899) + (220233.526 - 61728.324) )/ 2 )
=23273.988/( ( 154091.335 + 158505.202 )/ 2 )
=23273.988/156298.2685
=14.89 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 14.89% mean?
Enel SpA (ENLAY) has a ROCE % of 14.89% as of Mar. 2026.
Is Enel SpA's ROCE % too high?
Enel SpA's current ROCE % is 14.89%. The Utilities - Regulated industry median ROCE % is 6.95. Enel SpA's value of 14.89% is 114.2% above this industry median. Overall, Enel SpA has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Enel SpA's ROCE % compare to SRE?
Enel SpA's ROCE % of 14.89% can be compared against companies in the Utilities - Regulated industry. The industry median ROCE % is 6.95. Enel SpA's value of 14.89% is 114.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Utilities - Regulated company?
The median ROCE % among Utilities - Regulated companies is 6.95, based on 505 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Enel SpA's current ROCE % of 14.89% is 114.2% above 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Utilities - Regulated industry, the median ROCE % is 6.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Enel SpA's current ROCE % is 14.89%. 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 (ENLAY) is currently considered Significantly Overvalued. The stock's GF Value™ is $7.55, compared to a current price of $11.16 — trading 47.8% above its estimated fair value. The current ROCE % is 14.89% and 114.2% above the Utilities - Regulated industry median of 6.95. Enel SpA's overall GF Score™ is 67/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Enel SpA (ENLAY), the current ROCE % is 14.89% 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 (ENLAY) Overvalued in 2026?

Based on GuruFocus' analysis, Enel SpA stock appears to be overvalued. The current stock price of $11.16 is trading 47.8% above its estimated GF Value™ of $7.55. GuruFocus considers Enel SpA to be Significantly Overvalued.

Key valuation signals for ENLAY:

  • ROCE %: 14.89%
  • GF Value™: $7.55 vs. price of $11.16 (47.8% above fair value)
  • GF Score™: 67/100 with 10 warning signs
  • Industry Position: 114.2% above the Utilities - Regulated median

No single metric tells the full story. See the ENLAY 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.
67GF Score

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

$11.16
Price
$7.55
GF Value