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Enel Américas S.A (ENELAM) Fair Value & Analysis

Utilities · CL · Market cap 8.1T CLP

EA Enel Américas S.A ENELAM · SN
Price87.40 CLP
Fair Value120.37 CLP
Upside+37.7%
Quality53/100
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Expensive Growth
Thin margins · 6.7% net margin
Low debt · generates free cash flow
Ranks above peers (9/15)
Moderate moat 46/100
Evidence: Medium Range 83.34 CLP – 157.41 CLP Share as image

Fair value as of: Jul 15, 2026

From 21 valuation models · updated 26 days ago

Fair value updated Jul 15, 2026, revised from 119.85 CLP to 120.37 CLP (+0.4%) since Jun 24, 2026. Share price +2.4% over the past month.

A solid business, screening 38% undervalued on our models.

What matters now

  • Solid quality (53/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (83.34 CLP to 157.41 CLP) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

104.91 CLP 74.06 CLP Fair Value 120.37 CLP Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 15, 2026.

How to read this chart

60‑month range 74.06 CLP – 104.91 CLP · fair‑value band 83.34 CLP – 157.41 CLP · the 87.40 CLP price screens below the 120.37 CLP fair value. Dashed = 300-day average. As of Jul 15, 2026.

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Analysis

Enel Américas S.A (ENELAM) currently trades at 87.40 CLP, while our model-based Fair Value estimate is 120.37 CLP, implying the stock looks roughly 37.7% undervalued today. The Quality Score stands at 53/100 (solid quality), in the Utilities sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: medium), always confirm before acting.

Over the trailing twelve months, Enel Américas S.A generated revenue of 14.7B CLP at a net margin of 6.7%. Revenue grew 18.7% year over year. It earns a return on equity of 7.4%. Net debt stands at 4.9B CLP. Fundamentals as of Jul 15, 2026

Our scenario range runs from 83.34 CLP (bear case) to 157.41 CLP (bull case); at 87.40 CLP, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. Analysts expect earnings well below the last reported figure (earnings in transition, for example expiring patents or contracts); a fair value that looks fair on trailing earnings may then be too optimistic. The share trades about 14% below its 52-week high and 21% above its 52-week low, currently above its 200-day average. For context, the median of 10 Utilities peers we cover trades at -27% fair-value upside, at 38%, ENELAM screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Growth DCF 18.52 CLP 27.78 CLP 55.56 CLP 80
Residual Income 111.11 CLP 120.37 CLP 120.37 CLP 76
Rev-Margin DCF 46.30 CLP 92.59 CLP 138.89 CLP 74
All 21 models by family
DCF Models
FCF DCF 9.26 CLP 27.78 CLP 55.56 CLP 38
5Y Revenue Exit 46.30 CLP 92.59 CLP 148.15 CLP 39
5Y EBITDA Exit 74.07 CLP 138.89 CLP 212.96 CLP 41
5Y P/E Exit 55.56 CLP 101.85 CLP 157.41 CLP 38
10Y Revenue Exit 27.78 CLP 74.07 CLP 111.11 CLP 36
10Y EBITDA Exit 55.56 CLP 101.85 CLP 157.41 CLP 37
10Y P/E Exit 37.04 CLP 74.07 CLP 120.37 CLP 35
Earnings-Based
Graham-Dodd 55.56 CLP 111.11 CLP 138.89 CLP 54
EPV 27.78 CLP 37.04 CLP 46.30 CLP 59
Multiples
P/E Multiple 120.37 CLP 157.41 CLP 194.44 CLP 63
P/S Multiple 111.11 CLP 148.15 CLP 185.18 CLP 58
P/B Multiple 111.11 CLP 148.15 CLP 185.18 CLP 55
EV/EBIT 101.85 CLP 138.89 CLP 175.93 CLP 53
EV/EBITDA 129.63 CLP 185.18 CLP 231.48 CLP 54
EV/Revenue 74.07 CLP 120.37 CLP 157.41 CLP 43
Asset-Based
NCAV (Graham) 74.07 CLP 92.59 CLP 148.15 CLP 50
Growth DCF
Growth DCF 18.52 CLP 27.78 CLP 55.56 CLP 80
Rev-Margin DCF 46.30 CLP 92.59 CLP 138.89 CLP 74
Economic Profit
Residual Income 111.11 CLP 120.37 CLP 120.37 CLP 76
ROIC Compounder 27.78 CLP 37.04 CLP 46.30 CLP 72
Growth Earnings
Growth-Adj P/E 83.33 CLP 120.37 CLP 157.41 CLP 68

Widest divergence: Multiples (148.15 CLP) versus Growth DCF (27.78 CLP). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 14.7B CLP
Revenue growth (YoY) +18.7%
Net margin 6.7%
Return on equity 7.4%
Free cash flow 382M CLP FY2025
P/E ratio 9.4
More key figures
Operating margin 17.3%
EPS (TTM) 8.41 CLP
EPS growth (YoY) +13.3%
Net debt 4.9B CLP FY2025

Figures from reported company fundamentals · as of Jul 15, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 53/100

Of which business quality 52 · Market factors (momentum, volatility) 56

Profitability 29
Margins and returns on capital today
Quality Growth 26
Are margins and returns improving?
Cashflow 58
Earnings quality: real cash, not paper profit
Fin. Strength 55
Balance sheet, leverage, solvency risk
Investment 58
Disciplined investing over empire-building
Low Volatility 90
Calm price path (market factor)
Momentum 43
Price trend over the last 3–12 months (market factor)
52W Momentum 41
Distance to the 52-week high (market factor)
Net Issuance 98
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Enel Américas S.A., together with its subsidiaries, generates, transmits, and distributes electricity in Brazil, Colombia, Central America, Argentina. It operates through Generation & Transmission, and Distribution segments. The company generates electricity from hydro, wind, solar, and thermal plants.

Full company description

Enel Américas S.A., together with its subsidiaries, generates, transmits, and distributes electricity in Brazil, Colombia, Central America, Argentina. It operates through Generation & Transmission, and Distribution segments. The company generates electricity from hydro, wind, solar, and thermal plants. As of September 30, 2025, it had 13.5 GW megawatts of installed capacity. The company was formerly known as Enersis Américas S.A. and changed its name to Enel Américas S.A. in December 2016. Enel Américas S.A. was founded in 1889 and is based in Santiago, Chile. Enel Américas S.A. operates as a subsidiary of Enel SpA.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Enel Américas S.A reported revenue of 12.8B CLP in FY2025 versus 16.0B CLP in FY2021, a compound −5.4%/yr. Reported net income was 960M CLP in FY2025, compounding +6.7%/yr from FY2021.

Growth Quality 43/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
12.8B CLP
Latest YoY
+1.6%
Avg. growth/yr (3Y)
−1.9%
Avg. growth/yr (5Y)
+2.7%
Avg. growth/yr (9Y)
+6.7%
Revenue −5.4%/yr
FY21 16.0B CLP
FY22 13.6B CLP
FY23 11.8B CLP
FY24 12.6B CLP
FY25 12.8B CLP
Net income +6.7%/yr
FY21 741M CLP
FY22 −44.1M CLP
FY23 864M CLP
FY24 2.6B CLP
FY25 960M CLP

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Cite: Fair Value Calculator (2026). "Enel Américas S.A Fair Value". https://www.fairvalue-calculator.com/stock/ENELAM

Peer Group

Utilities - Regulated Electric · 154 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 53 · Above median
Fair Value upside +38% · Above median
Return on equity (TTM) 7% · Below median
Return on assets 4% · Above median
Net margin (TTM) 7% · Below median
Operating margin (TTM) 17% · Below median
Revenue growth 19% · Top 25%
Dividend yield (TTM) 0.0% · Bottom 25%
Debt / equity 0.29× · Lower than 75% of peers

Valuation Multiples vs Utilities - Regulated Electric median · lower = cheaper

P/E (TTM) 9.4× · Cheaper than 75% of peers
P/B 0.56× · Cheaper than 75% of peers
P/S (TTM) 0.61× · Cheaper than 75% of peers
P/FCF 23.5× · Pricier than 75% of peers
EV/EBITDA 3.3× · Cheaper than 75% of peers
PEG 4.45× · Pricier than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 84 · sector 7
FUTURE 94 · sector 32
PAST 29 · sector 39
HEALTH 86 · sector 54
DIVIDEND 0 · sector 56

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Utilities - Regulated Electric stocks, each showing price versus our Fair Value estimate (as of Jul 15, 2026).

Stock Price Fair Value vs Fair Value
NextEra Energy, Inc NEE $88.80 $32.94 -63%
The Southern Company SO $95.61 $61.06 -36%
Duke Energy Corporation DUK $126.11 $97.11 -23%
National Grid plc NGG 61,175 ARS 44,377 ARS -27%
American Electric Power Company AEP $132.50 $79.33 -40%
Dominion Energy, Inc D $70.08 $46.92 -33%
NTPC Limited NTPC ₹341.85 ₹377.16 +10%
CEZ, a. s. CEZ 232.40 PLN 159.33 PLN -31%
Power Grid Corporation POWERGRID ₹283.55 ₹252.77 -11%
China National Nuclear Power Co 601985 ¥8.91 ¥7.69 -14%

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Frequently asked questions

Is Enel Américas S.A (ENELAM) overvalued or undervalued?
As of Jul 15, 2026, our model estimates a fair value of 120.37 CLP versus a price of 87.40 CLP, about +38% (undervalued).
What is the fair value of ENELAM?
Our model-based fair value for Enel Américas S.A is 120.37 CLP (as of Jul 15, 2026), built from audited fundamentals. The current price is 87.40 CLP.
What is the quality score of ENELAM?
Enel Américas S.A has a Quality Score of 53/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Enel Américas S.A (ENELAM)?
Enel Américas S.A reported trailing-twelve-month revenue of about 14.7B CLP (latest available figure, as of Jul 15, 2026).
What is the net profit margin of ENELAM?
The net profit margin of Enel Américas S.A is about 6.7%, meaning it keeps roughly 6.7% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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