Enel Américas S.A (ENELAM) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Enel Américas S.A stock CLP 88, price CLP 83, upside +6.1%, quality 56 out of 100. Rating: fairly valued. Calculated from audited financials with 24 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 6, 2026.
How to read this chart
60‑month range 74.06 CLP – 104.91 CLP · fair‑value band 62.38 CLP – 130.48 CLP · the 83.00 CLP price screens below the 88.03 CLP fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 6, 2026.
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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.
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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.
Stock analysis
Enel Américas S.A (ENELAM) currently trades at 83.00 CLP, while our model-based Fair Value estimate is 88.03 CLP, so the stock looks roughly fairly valued today (gap 5.7%).
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Valuation
Bull case: the Multiples group reads highest at a median of 138.47 CLP per share, and 14 of the 24 models we run sit above the 83.00 CLP price.
Bear case: the Growth DCF group reads lowest at 65.78 CLP, and 10 of the 24 models stay below the price. Data coverage for this calculation is low.
Scenario range: 62.38 CLP (bear) to 130.48 CLP (bull), the price of 83.00 CLP sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 56/100 (solid quality), in the Utilities sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Enel Américas S.A reported revenue of $12.8B in FY2025 versus $16.0B in FY2021, a compound −5.4%/yr. Reported net income was $960M in FY2025, compounding +6.7%/yr from FY2021.
Key figures
Market cap 8.5T CLP (≈ $8.8B) Mid · P/E ratio 7.7 · P/S ratio 0.57 · EPS (TTM) 10.84 CLP · Dividend yield 0.0% · Net margin 7.5% · Return on equity 7.6% · Return on assets (EBIT) 4.8% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 48 out of 100 (medium confidence).
What moves the price
The share trades about 11% below its 52-week high and 12% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Utilities peers we cover trades at −38% fair-value upside, at 6%, ENELAM screens cheaper than that median.
Fair Value models
Bear62.38 CLPFair Value 88.03 CLPBull130.48 CLP
Price 83.00 CLP · Upside +6.1%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (9.26 CLP per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.43/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+1.6%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−1.9%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+2.7%
Start year 2020 (pandemic)
Revenue growth 9 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+6.7%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Basis: EBIT basis.
−21.2%
Earnings growth per share plus dividend.
Earnings per share, growth per year−21.2%
Dividend (yield on the price)0.0%
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.20% → 10%
⚠ Revenue per share shrinking 6.1%/yr over ~6Y (margins eroding too) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far and more than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+19.2%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+4.0%
Yearly sales growth analysts expect, extended to five years.
After inflation (figures in USD, USA: IMF forecast 2.4% a year to 2030, 3.1% from 2016 to 2025) that is about +16.4% a year for the price and +1.6% for the forecasts.
Price, fair value, quality and upside side by side.
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Peer Groupⓘ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.Utilities - Regulated Electric · 156 stocks
Beats the industry median on 10/15 measures
Overall it ranks above its industry peers.
Valuation
Quality Score56 · Top 25%
Fair Value upside+6.1% · Above median
Profitability
Return on equity (12 months)7.6% · Below median
Return on assets3.9% · Above median
Net margin (12 months)9.5% · Below median
Operating margin (12 months)23.0% · Above median
Growth and dividend
Revenue growth (quarter YoY)22.7% · Top 25%
Dividend yield (12 months)0.0% · Bottom 25%
Balance sheet
Debt / equity0.29× · Lowest 25%
Valuation Multiplesvs Utilities - Regulated Electric median · lower = cheaper
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Is Enel Américas S.A (ENELAM) overvalued or undervalued?
As of Nov 6, 2026, our model estimates a fair value of 88.03 CLP versus a price of 83.00 CLP, about +6% upside (fairly valued).
What is the fair value of ENELAM?
Our model-based fair value for Enel Américas S.A is 88.03 CLP (as of Nov 6, 2026), built from audited fundamentals. The current price: 83.00 CLP.
What is the quality score of ENELAM?
Enel Américas S.A has a Quality Score of 56/100. 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 price target for Enel Américas S.A (ENELAM)?
Our model-based price target is the fair value of 88.03 CLP (as of Nov 6, 2026) from 24 valuation models. Cautious scenario 62.38 CLP, optimistic scenario 130.48 CLP. It is a calculation from audited fundamentals, not an analyst target.
What is the Enel Américas S.A stock forecast for 2026?
Our models put fair value at 88.03 CLP, about +6% upside versus a price of 83.00 CLP (fairly valued). Cautious scenario 62.38 CLP, optimistic scenario 130.48 CLP. The calculation is refreshed regularly with new filings.
What is the revenue of Enel Américas S.A (ENELAM)?
Enel Américas S.A reported trailing-twelve-month revenue of about $15.4B (latest available figure, as of Nov 6, 2026).
Does Enel Américas S.A pay a dividend?
Enel Américas S.A currently shows a dividend yield of 0.00% relative to its recent price (as of Nov 6, 2026).
How much is the dividend of Enel Américas S.A (ENELAM) and when is the ex-dividend date?
Enel Américas S.A pays a dividend of 0.002 CLP per share a year, a dividend yield of 0.0%. The next ex-dividend date is Jan 18, 2027. The payout ratio is 105% of earnings. Free cash flow covers the dividend 0.38 times. Our assessment: Pays more than it earns. The company pays out more in dividends than it earns, and free cash flow clearly does not cover the dividend either. It may need to be cut unless profits recover.
What growth is priced into Enel Américas S.A (ENELAM)?
For today's price to be fair in a discounted-cash-flow model, Enel Américas S.A would have to grow free cash flow by +19.2 % per year for five years (discount rate 9.3 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +2.7 % per year. As of Nov 6, 2026.
What discount rate (WACC) does the fair value of ENELAM use?
Our models discount Enel Américas S.A at 9.3 %: a base by market capitalisation (mid), damped by beta 0.21, country premium for Chile. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Enel Américas S.A that is +19.2 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (9.3 %) and the same formula as our fair value.
How much growth has Enel Américas S.A (ENELAM) delivered so far?
Over the past 5 years revenue at Enel Américas S.A grew +2.7 % a year. The price currently implies free-cash-flow growth of +19.2 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Enel Américas S.A (ENELAM) growing?
The median revenue growth in the sector is +4.5 % a year. That is the yardstick for the growth priced into Enel Américas S.A (+19.2 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Enel Américas S.A (ENELAM)?
The free-cash-flow yield on the price is 4.36 %: that much free cash flow Enel Américas S.A produces per unit of market value. When it exceeds the discount rate of our models (9.3 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Enel Américas S.A (ENELAM)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Enel Américas S.A it is 88.03 CLP per share (as of Nov 6, 2026), against a price of 83.00 CLP. It is the blended result of 24 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Enel Américas S.A stock overvalued or undervalued in 2026?
As of Nov 6, 2026, ENELAM trades below its calculated fair value: price 83.00 CLP, fair value 88.03 CLP, a gap of about +6% (fairly valued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of ENELAM?
No. The price is what the market pays today (83.00 CLP); the fair value is what the company's own numbers justify (88.03 CLP). For Enel Américas S.A the two are 5.03 CLP per share apart. That gap is exactly why we show both numbers side by side.
How much is Enel Américas S.A worth?
The market values Enel Américas S.A at about 8.5T CLP (market capitalisation, as of Nov 6, 2026). Per share that is 83.00 CLP; our models calculate a fair value of 88.03 CLP per share.
What do the bullish and bearish scenarios say about ENELAM?
Our models span a range for Enel Américas S.A: cautious scenario 62.38 CLP, base 88.03 CLP, optimistic 130.48 CLP per share (as of Nov 6, 2026, price 83.00 CLP). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of ENELAM?
Enel Américas S.A trades at a price-to-earnings ratio of 7.7 (as of Nov 6, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 88.03 CLP is built from several models across several years. Median P/E at fiscal year-end, 8 fiscal years (2017 to 2025), reported earnings: 10.8. Other multiples: PEG 4.5, P/B 0.6, P/S 0.8, EV/EBITDA 4.3.
What is the PEG ratio of ENELAM?
The PEG ratio of Enel Américas S.A is 4.45 (P/E divided by earnings growth, as of Nov 6, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Enel Américas S.A (ENELAM)?
Balance-sheet figures for Enel Américas S.A (as of Nov 6, 2026): return on equity 7.6%, debt of 0.29 per unit of equity. They feed the Quality Score of 56/100, which measures business quality independently of the share price.
How far is ENELAM from its 52-week high?
Enel Américas S.A trades at 83.00 CLP, about 11% below its 52-week high of 93.39 CLP and 12% above the low of 74.36 CLP (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 88.03 CLP is for.
Which stocks are comparable to Enel Américas S.A?
From the same area (Utilities) we also value NextEra Energy, Inc, The Southern Company, Duke Energy Corporation, American Electric Power Company, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Enel Américas S.A stock attractive at the current price?
The data as of Nov 6, 2026: price 83.00 CLP, calculated fair value 88.03 CLP (+6%), Quality Score 56/100, from 24 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of ENELAM calculated?
We run Enel Américas S.A through 24 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 88.03 CLP builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.0% above its aggregate fair value. Enel Américas S.A currently trades 6% below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Enel Américas S.A (ENELAM)?
The closing price on Nov 6, 2026 was 83.00 CLP. Our model-based fair value is 88.03 CLP, about +6% upside (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Enel Américas S.A right now?
The price sits close to our fair value, market and models broadly agree here, little valuation tension. A fairly wide model range (62.38 CLP to 130.48 CLP) leaves room in how you read the outcome. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
Key figures of Enel Américas S.A
How large is the market capitalisation of Enel Américas S.A (ENELAM)?
The market capitalisation of Enel Américas S.A is 8.5T CLP (≈ $8.8B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Enel Américas S.A (ENELAM)?
The price-to-sales ratio of Enel Américas S.A is 0.57 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Enel Américas S.A (ENELAM)?
Earnings per share at Enel Américas S.A are 10.84 CLP (price ÷ EPS = P/E 7.7). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Enel Américas S.A (ENELAM)?
The dividend yield of Enel Américas S.A is 0.0% (payout 0.0%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Enel Américas S.A (ENELAM)?
The net margin of Enel Américas S.A is 7.5% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Enel Américas S.A (ENELAM)?
The return on equity (ROE) of Enel Américas S.A is 7.6% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Enel Américas S.A (ENELAM)?
On an EBIT basis the return on assets of Enel Américas S.A is 4.8% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Enel Américas S.A (ENELAM)?
The operating margin of Enel Américas S.A is 23.0% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Enel Américas S.A (ENELAM)?
Revenue at Enel Américas S.A is growing +22.7% versus a year earlier (3y avg −1.9%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Enel Américas S.A (ENELAM)?
Earnings per share at Enel Américas S.A are growing +36.8% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Enel Américas S.A (ENELAM) carry?
The net debt of Enel Américas S.A is $4.9B (fiscal year 2025, ≈ 12.8 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Nov 6, 2026