Enagás stock: fundamental analysis
Stocks · ENG · Utilities
Enagás, S.A. engages in the transmission, storage, and regasification of natural gas. It operates through Regulated Gas Activities, Regulated Activities Hydrogen Infrastructure, New Businesses, and International segments. Below are its fundamentals, explained in the order worth reading them: business quality, debt, growth and, last, whether the price is reasonable.
- Price: 16.80 EUR
- Market cap: 4.4B EUR
Data as of September 18, 2026 · Yahoo Finance
Quick read
Business quality
ROE of 12.7%: a decent return, not an exceptional one. Out of every 100 in sales, 30.5 end up as profit.
Financial health
Net debt/EBITDA of 5.3x: high leverage; keep an eye on maturities and the cost of debt.
Growth
Revenue is down 9.3% year on year. Earnings are down 36.9%.
Valuation
It trades at a P/E of 15.3, in line with the 16.2 median of the utilities companies we track.
Dividend
Dividend yield of 5.9% (1.00 EUR per share per year) with a payout ratio of 90.7%. It pays out nearly all (or more) of its earnings: watch whether the dividend is sustainable.
Tools
All metrics
| Enagás | Sector median | |
|---|---|---|
| Business quality | ||
| ROE | 12.7% | 12.7% |
| ROA | 2.0% | 3.8% |
| Gross margin | 93.7% | 56.8% |
| Operating margin | 26.9% | 24.5% |
| Net margin | 30.5% | 15.9% |
| Financial health | ||
| Net debt/EBITDA | 5.3x | 4.6x |
| Debt/equity | 1.3x | 1.2x |
| Current ratio | 0.9x | 0.9x |
| Growth | ||
| Revenue growth | -9.3% | 9.8% |
| Earnings growth | -36.9% | 67.8% |
| Valuation | ||
| P/E ratio | 15.3x | 16.2x |
| Forward P/E | 15.2x | 15.7x |
| EV/EBITDA | 15.3x | 12.2x |
| Price/book | 1.9x | 2.6x |
| FCF yield | 3.2% | 3.9% |
| Dividend | ||
| Dividend yield | 5.9% | 4.5% |
| Payout ratio | 90.7% | 83.3% |
| Beta (volatility) | 0.3x | 0.5x |
Frequently asked questions
What is Enagás's P/E ratio?
Enagás's P/E is 15.3 based on trailing 12-month earnings and 15.2 on expected earnings. The median for its sector among the companies we track is 16.2. Data as of September 18, 2026.
What dividend does Enagás pay?
Dividend yield of 5.9% (1.00 EUR per share per year) with a payout ratio of 90.7%. It pays out nearly all (or more) of its earnings: watch whether the dividend is sustainable.
Is Enagás stock expensive?
It trades at a P/E of 15.3, in line with the 16.2 median of the utilities companies we track. This is an educational reading based on ratios, not a buy or sell recommendation.
Does Enagás have a lot of debt?
Net debt/EBITDA of 5.3x: high leverage; keep an eye on maturities and the cost of debt.
What is Enagás's market cap?
Enagás has a market cap of 4.4B EUR and its shares trade at 16.80 EUR, with a 52-week range of 13.00 EUR to 17.94 EUR (data as of September 18, 2026).
Other companies in the sector
Trailing 12-month metrics. Educational content, not investment advice.