Profile
Sector:
UtilitiesIndustry:
ElectricCountry:
ChileIPO:
21 April 2016Website:
http://www.enel.clNext earnings report:
28 February 2025Last dividends:
22 May 2024Next dividends:
N/APrice
after hours | 44 min agoAnalysts recommendations
Institutional Ownership
ENIC Latest News
Enel Chile S.A. (NYSE:ENIC ) Q3 2024 Earnings Conference Call October 30, 2024 1:00 PM ET Company Participants Isabela Klemes - Head, IR Giuseppe Turchiarelli - CEO Simone Conticelli - CFO Conference Call Participants Javier Suarez - Mediobanca Operator Good afternoon, ladies and gentlemen, and welcome to Enel Chile Nine Months and Third Quarter 2024 Results Conference Call.
Enel Chile S.A. is a major Chilean utility company with a focus on electricity generation and distribution, making it a potential value pick. The company has a low P/E ratio of 6.24 and trades at a price/book ratio of 0.73, indicating undervaluation compared to global peers. Despite inconsistent dividends, Enel Chile offers a high yield of 9.46%, though payouts are subject to currency exchange rates and economic conditions.
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Enel Chile, a subsidiary of Enel SpA, has been executing its energy transition plan, with a significant shift towards renewable energy sources, making up around 76% of its energy generation. The company's strategy focuses on sustainable growth in renewables, strengthening its balance sheet, and delivering value to shareholders through dividends, even in the face of recent macroeconomic challenges. Enel Chile's stock shows attractive valuation multiples compared to peers, and it has the potential to provide consistent and appealing dividends with a minimum payout of 50%.
Enel Chile is a Chilean electricity utility company involved in the complete energy supply chain, including generation, transmission, and distribution. The company achieved notable growth in its Generation segment, driven by increased solar and hydroelectric production. However, the Distribution & Networks segment experienced a decline in operating revenues due to changes in the company's consolidation perimeter.
Dividend companies are a vital part of any investor's portfolio. They offer a wide range of positives, including a steady income and the ability to keep growing your portfolio, primarily through reinvesting dividend payments into the underlying company to increase your overall return.
Chile's GDP is projected to grow at a rate of 2.6% per year and electricity demand is expected to grow 25% in the decade 2021-2030. Enel Chile, the largest electricity generation company in the country, is a solid business with a sound growth plan. Enel Chile's potential valuation could approach $6 billion, offering a 25% margin of safety and a potential dividend yield of 7% in 2024.
What type of business is Enel Chile SA?
Enel Chile S.A., an electricity utility company, engages in the generation, transmission, and distribution of electricity in Chile. It operates through Generation, and Distribution and Networks Segments. The company generates electricity through various sources, such as hydroelectric, solar, wind, thermal, and geothermal power plants; and distributes electricity in various municipalities of the Santiago metropolitan region. It serves residential, commercial, industrial, and other customers. The company was formerly known as Enersis Chile S.A. and changed its name to Enel Chile S.A. in October 2016. Enel Chile S.A. was incorporated in 2016 and is headquartered in Santiago, Chile. Enel Chile S.A. operates as a subsidiary of Enel S.p.A
What sector is Enel Chile SA in?
Enel Chile SA is in the Utilities sector
What industry is Enel Chile SA in?
Enel Chile SA is in the Electric industry
What country is Enel Chile SA from?
Enel Chile SA is headquartered in Chile
When did Enel Chile SA go public?
Enel Chile SA initial public offering (IPO) was on 21 April 2016
What is Enel Chile SA website?
https://www.enel.cl
Is Enel Chile SA in the S&P 500?
No, Enel Chile SA is not included in the S&P 500 index
Is Enel Chile SA in the NASDAQ 100?
No, Enel Chile SA is not included in the NASDAQ 100 index
Is Enel Chile SA in the Dow Jones?
No, Enel Chile SA is not included in the Dow Jones index
When was Enel Chile SA the previous earnings report?
No data
When does Enel Chile SA earnings report?
The next expected earnings date for Enel Chile SA is 28 February 2025