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ENICEnel Chile S.A.
$4.41$6.1B
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  4. Financial Ratios

Enel Chile S.A. (ENIC) Financial Ratios

Latest Ratios: P/E Ratio 11.3x · EV/EBITDA 6.2x · ROE 0.0%. (2013–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

ENIC Valuation Multiples

Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Market Cap$6.1B$5.6B$4.0B$4.5B$3.1B$2.5B$5.4B$6.6B$6.3B$5.6B$4.5B
Enterprise Value$8.5B$7.9B$3.57T$3.44T$3.21T$3.98T$2.54T$2.35T$2.32T$391.9B$635.7B
P/E Ratio →11.3110.310.035.892.1225.86—0.020.020.020.01
P/S Ratio1.351.230.000.930.610.760.000.000.000.000.00
P/B Ratio1.101.010.000.000.000.000.000.000.000.000.00
P/FCF8.778.000.000.07——0.0314.38—0.020.02
P/OCF5.274.810.000.010.000.010.017.430.010.010.01

P/E links to full P/E history page with 30-year chart

ENIC EV Ratios

Enterprise-value multiples — capital-structure-neutral measures of total business value

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
EV / Revenue—1.760.86713.38627.081201.501.000.900.960.160.30
EV / EBITDA6.175.788.562977.842386.527225.7112.963.092.620.530.93
EV / EBIT8.608.369471.373050.531499.6622588.05—5.053.610.551.05
EV / FCF—11.414.2149.89——12.595149.31—1.172.95

ENIC Profitability

Margins and return-on-capital ratios measuring operating efficiency

Margins

Full margin charts and quarterly trend are on the Earnings History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Gross Margin37.9%37.9%0.0%29.5%22.2%28.5%45.1%44.6%45.3%38.9%49.1%
Operating Margin21.8%21.8%10.1%18.0%20.8%9.2%-1.3%20.0%27.8%23.2%26.3%
Net Profit Margin11.9%11.9%3.5%14.9%28.6%3.0%-2.0%11.3%15.0%14.0%18.4%

Return on Capital

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
ROE0.0%0.0%2.9%0.0%0.0%0.0%-1.4%8.2%9.6%9.6%11.6%
ROA0.0%0.0%1.1%0.0%0.0%0.0%-0.7%4.0%5.5%6.3%7.2%
ROIC0.0%0.0%3.6%0.0%0.0%0.0%-0.4%6.7%9.8%10.5%10.0%
ROCE0.0%0.0%4.1%0.0%0.0%0.0%-0.5%8.3%12.0%12.1%12.1%

ENIC Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Debt / Equity0.510.510.740.830.931.280.800.730.700.210.25
Debt / EBITDA2.062.069.473465.843038.687783.6814.643.372.891.111.28
Net Debt / Equity—0.430.670.720.731.190.700.670.630.100.18
Net Debt / EBITDA1.731.738.552973.952384.217221.1612.943.082.620.530.92
Debt / FCF—3.414.2149.83——12.565134.93—1.162.93
Interest Coverage6.196.192.166.0116.361.49-495.552331.745.0715.7513.97

ENIC Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Current Ratio0.910.911.000.850.970.590.980.980.821.291.14
Quick Ratio0.880.880.960.810.920.560.920.920.761.241.09
Cash Ratio0.190.190.180.230.280.150.320.230.230.540.33
Asset Turnover—0.350.310.000.000.000.320.360.320.430.39
Inventory Turnover41.1341.130.040.030.030.0421.0226.0417.2033.3339.91
Days Sales Outstanding———————————

ENIC Shareholder Yields

Earnings, FCF, buyback, and dividend yields — total returns to shareholders

Dividends

Full dividend history and growth charts are on the Dividend History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Dividend Yield5.8%6.3%100.0%100.0%100.0%100.0%100.0%5.1%100.0%100.0%100.0%
Payout Ratio65.3%65.3%237.8%56103.8%2703.8%231926.4%—0.1%69.1%74.6%36.7%

Total Shareholder Return Metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Earnings Yield8.8%9.7%3645.8%17.0%47.1%3.9%—4505.3%5717.2%6267.6%8604.4%
FCF Yield11.4%12.5%21257.6%1536.6%——3745.5%7.0%—5993.2%4815.9%
Buyback Yield0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%100.0%0.0%0.0%
Total Shareholder Yield5.8%6.3%100.0%100.0%100.0%100.0%100.0%5.1%100.0%100.0%100.0%
Shares Outstanding—$1.4B$1.4B$1.4B$1.4B$1.4B$1.4B$1.4B$1.3B$982M$982M

Key Metrics

Growth RegimeMixed
ProfitabilityStrained
Balance SheetAdequate
Cash FlowMixed
Top Statement Risk

Regulatory and hydrological exposure

Valuation Anchored by Regulatory Uncertainty

With a TTM P/E of 11.33, Enel Chile's valuation appears heavily influenced by the Price Stabilization Mechanism, as reported in recent financial data, which obscures the true earnings power of the integrated utility model and complicates comparisons against regional peers with more stable regulatory frameworks.

The current P/E multiple suggests that investors are pricing in a significant risk premium due to the deferred recovery of energy costs. This valuation level warrants caution, as the market may be underestimating the duration of the liquidity strain caused by the PEC receivables.

ROE Compression Reflects Regulatory Lag

As indicated by the company's reported ROE of 2.9% in 2026Q1, Enel Chile is currently failing to achieve returns that would typically be expected for a regulated utility, suggesting that the regulatory compact is being tested by ongoing political and economic pressures in the Chilean market.

The persistent gap between historical performance and potential authorized returns indicates that the company is absorbing significant regulatory lag. Investors should monitor whether future tariff resets can effectively bridge this profitability deficit or if structural headwinds will continue to suppress equity returns.

Conservative Leverage Amidst Liquidity Constraints

Based on the reported debt-to-capital ratio of 0.41 in 2026Q1, Enel Chile maintains a relatively conservative balance sheet, yet this figure may mask the underlying liquidity pressure created by the accumulation of deferred receivables under the Price Stabilization Mechanism, as noted in recent financial filings.

While the interest coverage ratio of 4.61 suggests an adequate ability to service existing debt, the reliance on external financing to bridge working capital gaps remains a critical vulnerability. The company's capital structure appears designed to preserve flexibility, but it remains sensitive to any further deterioration in cash conversion cycles.

Dividend Sustainability Remains Highly Variable

According to recent financial statements, the dividend payout ratio has exhibited extreme volatility, ranging from 2.5% to over 384%, which suggests that Enel Chile's dividend policy is not currently anchored to stable cash flow generation but rather to periodic, non-recurring accounting events and parent-level requirements.

The erratic nature of these payouts makes the dividend an unreliable indicator of underlying operational health. Investors should view the current 5.7% yield with skepticism, as the ability to sustain such distributions depends heavily on the timing of regulatory cash recoveries rather than consistent earnings growth.

Misapplication of Standard P/E Multiples

The most commonly misapplied metric for Enel Chile is the standard P/E ratio, which fails to account for the massive distortions caused by the Price Stabilization Mechanism and the recent divestment of transmission assets, as highlighted in the company's latest quarterly financial disclosures.

Using a standard P/E ratio obscures the fact that a significant portion of the company's assets are tied up in deferred receivables that do not generate immediate cash flow. Analysts should instead focus on adjusted cash flow metrics that strip out these regulatory accounting artifacts to better assess the true economic value of the utility's operations.

Download Financial Ratios Data

Includes 30+ ratios · 13 years · Updated daily

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ENIC — Frequently Asked Questions

Quick answers to the most common questions about buying ENIC stock.

What is Enel Chile S.A.'s P/E ratio?

Enel Chile S.A.'s current P/E ratio is 11.3x. The historical average is 4.9x. This places it at the 89th percentile of its historical range.

What is Enel Chile S.A.'s EV/EBITDA?

Enel Chile S.A.'s current EV/EBITDA is 6.2x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 4.9x.

What is Enel Chile S.A.'s ROE?

Enel Chile S.A.'s return on equity (ROE) is 0.0%. The historical average is 4.8%.

Is ENIC stock overvalued?

Based on historical data, Enel Chile S.A. is trading at a P/E of 11.3x. This is at the 89th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.

What is Enel Chile S.A.'s dividend yield?

Enel Chile S.A.'s current dividend yield is 5.75% with a payout ratio of 65.3%.

What are Enel Chile S.A.'s profit margins?

Enel Chile S.A. has 37.9% gross margin and 21.8% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.

How much debt does Enel Chile S.A. have?

Enel Chile S.A.'s Debt/EBITDA ratio is 2.1x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.