Enlight Renewable Energy Ltd. (ENLT) intrinsic value & 10-year financials

Enlight Renewable Energy Ltd. (ENLT) has a Graham intrinsic value of $33.22 per share. Over the last 7 fiscal years revenue grew 47.4% a year to $488.6M, with an average return on invested capital of 8.9%.

Graham intrinsic value
$33.22
Revenue (FY2025)
$488.6M
Revenue growth (7-yr CAGR)
47.4%
ROIC (10-yr avg)
8.9%
Free cash flow (FY2025)
-$1.5B

ENLT 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 $488.6M $160.7M $1.00 -$1.5B 68.0% 14.4%
FY2024 $377.9M $66.5M $0.36 -$706.2M 46.4% 10.5%
FY2023 $255.7M $98.0M $0.57 -$581.4M 61.8% 10.3%
FY2022 $192.2M $38.1M $0.25 -$548.7M 47.2% 8.6%
FY2021 $102.5M $21.7M $0.12 -$401.2M 33.6% 4.9%
FY2020 $70.3M -$41.0M -$0.56 -$303.1M 40.3% 4.8%
FY2019 — — — — — —

Source: annual 10-K filings on SEC EDGAR. Figures in USD.

Executive summary

Enlight Renewable Energy Ltd. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.

Enlight Renewable Energy Ltd. returns on capital have been average, hovering around 9.8% ROIC over the decade.

Enlight Renewable Energy Ltd. capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.

Benjamin Graham lens

Under Benjamin Graham's formula using SEC EDGAR fundamentals, Enlight Renewable Energy Ltd. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $33.22 per share.

ENLT stock: frequently asked questions

What is the intrinsic value of Enlight Renewable Energy Ltd. (ENLT) stock?

Using Benjamin Graham's revised formula, V = EPS × (8.5 + 2g) × 4.4 / Y, with reported diluted earnings per share, a 15.0% normalized growth rate (capped at 15%) and a 5.1% AAA corporate bond yield, ENLT's intrinsic value is about $33.22 per share.

Does Enlight Renewable Energy Ltd. generate free cash flow?

Enlight Renewable Energy Ltd. generated -$1.5B of free cash flow (operating cash flow minus capital expenditures) in fiscal 2025. Free cash flow was positive in 0 of the last 6 reported years.

What is ENLT's return on invested capital?

Average ROIC over the last 7 fiscal years was 8.9%, and average return on equity was 3.4%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this ENLT data come from?

From Enlight Renewable Energy Ltd.'s annual 10-K filings on SEC EDGAR, most recently filed Mar 30, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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