Analyzing Enlight Renewable Energy (NASDAQ:ENLT) and Companhia Paranaense de Energia – COPEL (NYSE:ELP)

Enlight Renewable Energy (NASDAQ:ENLT) and Companhia Paranaense de Energia – COPEL (NYSE:ELP) are both oils/energy companies, but which is the superior stock? We will contrast the two companies based on the strength of their valuation, analyst recommendations, risk, dividends, institutional ownership, earnings and profitability.

Volatility and Risk

Enlight Renewable Energy has a beta of 1.84, suggesting that its stock price is 84% more volatile than the S&P 500. Comparatively, Companhia Paranaense de Energia – COPEL has a beta of 0.92, suggesting that its stock price is 8% less volatile than the S&P 500.

Analyst Ratings

This is a summary of current ratings and price targets for Enlight Renewable Energy and Companhia Paranaense de Energia – COPEL, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Enlight Renewable Energy	0	2	2	0	2.50
Companhia Paranaense de Energia – COPEL	0	0	2	0	3.00

Enlight Renewable Energy currently has a consensus price target of $18.50, indicating a potential upside of 8.95%. Given Enlight Renewable Energy’s higher probable upside, analysts clearly believe Enlight Renewable Energy is more favorable than Companhia Paranaense de Energia – COPEL.

Institutional and Insider Ownership

38.9% of Enlight Renewable Energy shares are owned by institutional investors. Comparatively, 3.8% of Companhia Paranaense de Energia – COPEL shares are owned by institutional investors. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Profitability

This table compares Enlight Renewable Energy and Companhia Paranaense de Energia – COPEL’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Enlight Renewable Energy	27.74%	5.05%	1.68%
Companhia Paranaense de Energia – COPEL	10.55%	9.36%	3.92%

Valuation and Earnings

This table compares Enlight Renewable Energy and Companhia Paranaense de Energia – COPEL’s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Enlight Renewable Energy	$255.70 million	7.68	$70.92 million	$0.57	29.79
Companhia Paranaense de Energia – COPEL	$4.30 billion	0.93	$452.44 million	N/A	N/A

Companhia Paranaense de Energia – COPEL has higher revenue and earnings than Enlight Renewable Energy.

About Enlight Renewable Energy

Enlight Renewable Energy Ltd operates a renewable energy platform in Israel, Central-Eastern Europe, Western Europe, and the United States. The company develops, finances, constructs, owns, and operates utility-scale renewable energy projects. It develops wind energy and solar energy projects, as well as energy storage projects. The company was incorporated in 1981 and is headquartered in Rosh Haayin, Israel.

About Companhia Paranaense de Energia – COPEL

Companhia Paranaense de Energia – COPEL engages in the generation, transformation, distribution, and sale of electricity to industrial, residential, commercial, rural, and other customers in Brazil. The company operates through Power Generation and Transmission, Power Distribution, Power Sale, and Gas segments. It is also involved in the piped natural gas distribution. The company operates hydroelectric, wind, and thermoelectric plants; and owns and operates transmission and distribution lines. It holds concessions to distribute electricity in municipalities in the State of Paraná and in the municipality of Porto União in the State of Santa Catarina. Companhia Paranaense de Energia COPEL was founded in 1954 and is headquartered in Curitiba, Brazil.Companhia Paranaense de Energia – COPEL Operates as a subsidiary of Governo Do Estado Do Parana.