Enel Chile Sa Stock Return On Asset
| ENIC Stock | USD 2.91 0.04 1.36% |
Enel Chile SA fundamentals help investors to digest information that contributes to Enel Chile's financial success or failures. It also enables traders to predict the movement of Enel Stock. The fundamental analysis module provides a way to measure Enel Chile's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Enel Chile stock.
As of April 16, 2024, Return On Assets is expected to decline to 0.04. Enel | Return On Asset |
Enel Chile SA Company Return On Asset Analysis
Enel Chile's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Enel Chile Return On Asset | 0.0388 |
Most of Enel Chile's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Enel Chile SA is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enel Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Enel Chile is extremely important. It helps to project a fair market value of Enel Stock properly, considering its historical fundamentals such as Return On Asset. Since Enel Chile's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Enel Chile's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Enel Chile's interrelated accounts and indicators.
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Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Enel Total Assets
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Based on the latest financial disclosure, Enel Chile SA has a Return On Asset of 0.0388. This is 98.41% lower than that of the Electric Utilities sector and significantly higher than that of the Utilities industry. The return on asset for all United States stocks is 127.71% lower than that of the firm.
Enel Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Enel Chile's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Enel Chile could also be used in its relative valuation, which is a method of valuing Enel Chile by comparing valuation metrics of similar companies.Enel Chile is currently under evaluation in return on asset category among related companies.
Enel Chile Current Valuation Drivers
We derive many important indicators used in calculating different scores of Enel Chile from analyzing Enel Chile's financial statements. These drivers represent accounts that assess Enel Chile's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Enel Chile's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 243.7T | 191.3T | 106.6T | 131.9T | 197.6T | 207.5T | |
| Enterprise Value | 245.3T | 192.6T | 108.4T | 133.5T | 201.0T | 211.1T |
Enel Fundamentals
| Return On Equity | 0.15 | ||||
| Return On Asset | 0.0388 | ||||
| Profit Margin | 0.15 % | ||||
| Operating Margin | 0.27 % | ||||
| Current Valuation | 3.84 T | ||||
| Shares Outstanding | 1.38 B | ||||
| Shares Owned By Institutions | 3.86 % | ||||
| Number Of Shares Shorted | 1.2 M | ||||
| Price To Earning | 5.12 X | ||||
| Price To Book | 0.87 X | ||||
| Price To Sales | 0 X | ||||
| Revenue | 4.26 T | ||||
| Gross Profit | 1 T | ||||
| EBITDA | 1.02 T | ||||
| Net Income | 633.46 B | ||||
| Cash And Equivalents | 311.94 M | ||||
| Cash Per Share | 0.22 X | ||||
| Total Debt | 3.97 T | ||||
| Debt To Equity | 1.57 % | ||||
| Current Ratio | 0.52 X | ||||
| Book Value Per Share | 3.85 X | ||||
| Cash Flow From Operations | 547.1 B | ||||
| Short Ratio | 2.22 X | ||||
| Earnings Per Share | 0.48 X | ||||
| Target Price | 3945.55 | ||||
| Number Of Employees | 2.08 K | ||||
| Beta | 0.72 | ||||
| Market Capitalization | 4.44 B | ||||
| Total Asset | 12.09 T | ||||
| Retained Earnings | 2.52 T | ||||
| Working Capital | (104.25 B) | ||||
| Current Asset | 1.2 B | ||||
| Current Liabilities | 1.2 B | ||||
| Annual Yield | 0.12 % | ||||
| Five Year Return | 5.15 % | ||||
| Net Asset | 12.09 T |
About Enel Chile Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Enel Chile SA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Enel Chile using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Enel Chile SA based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Enel Chile in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Enel Chile's short interest history, or implied volatility extrapolated from Enel Chile options trading.
Pair Trading with Enel Chile
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Enel Chile position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Enel Chile will appreciate offsetting losses from the drop in the long position's value.Moving together with Enel Stock
| 0.63 | D | Dominion Energy Financial Report 3rd of May 2024 | PairCorr |
Moving against Enel Stock
| 0.51 | HE | Hawaiian Electric Sell-off Trend | PairCorr |
The ability to find closely correlated positions to Enel Chile could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Enel Chile when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Enel Chile - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Enel Chile SA to buy it.
The correlation of Enel Chile is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Enel Chile moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Enel Chile SA moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Enel Chile can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Enel Chile Piotroski F Score and Enel Chile Altman Z Score analysis. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Complementary Tools for Enel Stock analysis
When running Enel Chile's price analysis, check to measure Enel Chile's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Enel Chile is operating at the current time. Most of Enel Chile's value examination focuses on studying past and present price action to predict the probability of Enel Chile's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enel Chile's price. Additionally, you may evaluate how the addition of Enel Chile to your portfolios can decrease your overall portfolio volatility.
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Is Enel Chile's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Enel Chile. If investors know Enel will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Enel Chile listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.68) | Earnings Share 0.48 | Revenue Per Share 3.1 K | Quarterly Revenue Growth (0.05) | Return On Assets 0.0388 |
The market value of Enel Chile SA is measured differently than its book value, which is the value of Enel that is recorded on the company's balance sheet. Investors also form their own opinion of Enel Chile's value that differs from its market value or its book value, called intrinsic value, which is Enel Chile's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Enel Chile's market value can be influenced by many factors that don't directly affect Enel Chile's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Enel Chile's value and its price as these two are different measures arrived at by different means. Investors typically determine if Enel Chile is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enel Chile's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.