Home Compare ENEL.MI vs EOAN.DE
Stock Comparison · Industry comparison · Utilities - Diversified

Enel SpA vs E.ON: Which Stock Looks Stronger in 2026?

Enel SpA holds the cleaner structural position, with the lead spread across profitability and growth. E.ON SE still leads on valuation and stability, which keeps the comparison from looking entirely one-sided. The market setup broadly confirms the structural lead — Enel SpA holds the more constructive position. That puts structure and market broadly in agreement — Enel SpA's lead looks more confirmed than conflicted.

The comparison is based on similar long-term financial trajectories, not sector labels. Both peer scores are relative to the STOXX 600 universe, making them directly comparable.

Updated 2026-08-16

The lead is spread across profitability and growth, rather than sitting in one isolated gap. Enel SpA leads by 14 points on the overall comparison score.

INDUSTRY COMPARISON

Both operate in: Utilities - Diversified

This comparison is based on industry proximity, not on functional trajectory similarity. ENEL.MI and EOAN.DE share the same industry classification.

For a similarity-based comparison, see how Enel SpA and E.ON SE each position within their functional peer groups in AssetNext.

Peer-Relative Score
ENEL.MI
Enel SpA
61
Peer-Score
Signal qualityHigh
Peer basis: STOXX 600
vs
EOAN.DE
E.ON SE
47
Peer-Score
Signal qualityMedium
Peer basis: STOXX 600

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

Score differences across key dimensions.

Dimension spread: ENEL.MI vs EOAN.DE Profitability 75 19 Stability 39 66 Valuation 55 78 Growth 69 24 ENEL.MI EOAN.DE
Gap Ranking
#1 Profitability +56
#2 Growth +45
#3 Stability +27
#4 Valuation +23
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for ENEL.MI and EOAN.DE Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer ENEL.MIEOAN.DE Relative valuation Structural strength

Enel SpA looks stronger, but the price setup still looks more supportive for E.ON SE.

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Entry today — historical context

Where ENEL.MI and EOAN.DE each sit in their own 5-year price and valuation history.

BASED ON 5-YEAR HISTORY ENEL.MI Elevated · above norm 0th 50th 100th 5 pct gap EOAN.DE Elevated · near norm 0th 50th 100th 95th 90th
ENEL.MI (95th percentile) and EOAN.DE (90th percentile) both sit in the upper portion of their own 5-year ranges. The historical entry context is broadly similar for both. This reflects entry timing, not which company is structurally stronger.

Describes historical entry positioning only. Descriptive — not investment advice.

Relative Position vs Comparable Companies
Profitability
Enel SpA ranks near the top of the group on profitability; E.ON SE sits in the weaker half.
Growth
On growth, the gap still runs the same way: Enel SpA sits near the top of the group, while E.ON SE remains in the weaker half.
Profitability — Dominant Gap
ENEL.MI
75
EOAN.DE
19
Gap+56in favour of ENEL.MI

The profitability lead is mainly driven by a 13.2-point operating margin advantage.

What keeps the gap from being one-sided

A meaningful counterforce remains in stability, which keeps the comparison from looking completely one-sided.

What this means for the comparison

The lead is built on both profitability and growth — though valuation still provides a counterweight.

Explore full peer positioning in AssetNext

Break down the ENEL.MI vs EOAN.DE comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Other comparisons with conflicting dimension signals

Explore how ENEL.MI and EOAN.DE each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.