Enel vs Enagás (ENEL.MI vs ENG)

Enel (ENEL.MI) vs Enagás (ENG) in plain English: P/E, growth, margins, debt and dividend side by side, key differences and which fits each investor profile.

Enel (ENEL.MI) and Enagás (ENG) compete in utilities and renewables. Here are Enel and Enagás side by side with their real figures as of November 4, 2026: what sets them apart, which fits each kind of investor and the most common questions, without telling you whether to buy Enel or Enagás.

Enel vs Enagás: the figures

Enel and Enagás figures from Yahoo Finance, the same source the Fintols analysis uses, retrieved on November 4, 2026; N/A means that Enel or Enagás figure is not available, and we never estimate it.

3 key differences between Enel and Enagás

1. Profitability: for every 100 of sales, Enagás keeps 30.1 as net profit and Enel keeps 5.7.
2. Valuation: Enel trades at 23.0x its annual earnings and Enagás at 13.0x; the market pays more for each dollar of Enel profit, usually because it expects more growth.
3. Growth: Enel grew sales +8.5% year on year in its latest quarter, against -9.1% for Enagás.

Enel or Enagás: which fits your profile

• If you want growth: Enel is growing faster today, so it fits better with investors who put business growth first, usually accepting a higher P/E and a bumpier ride.
• If you want income (dividends): Enagás pays the higher dividend relative to its price.
• If you prefer caution: Enel has less debt relative to its profit, which usually gives more room in a bad year.
• If price is what matters most to you: Enagás trades on the lower P/E; check first whether that is an opportunity or a sign of a business that grows less.

Neither Enel nor Enagás wins on everything, and owning both is also an option: spreading money across several companies or an index fund reduces what rides on each one.

How Enel and Enagás make money

Enel (ENEL.MI)

Enel generates and sells electricity and gas. It reports business lines such as Enel Grids (regulated distribution networks), Enel Green Power and conventional generation, and End-user Markets, which supplies power and gas to homes and businesses. Its main countries are Italy, Spain through Endesa, and several in Latin America. Full Enel analysis.

Enagás (ENG)

Enagás operates Spain's high-pressure gas pipeline network and earns regulated income for transporting and storing gas and for regasifying the liquefied natural gas that arrives by ship at its terminals. This Spanish business is its core. It also holds stakes in pipelines abroad and is preparing a hydrogen network. Full Enagás analysis.

Frequently asked questions: Enel vs Enagás

Is Enel or Enagás the better stock?

Choosing between Enel and Enagás depends on what you are looking for. Enel is growing faster right now, and Enagás trades on the lower P/E. Fintols does not tell you whether to buy Enel or Enagás: it shows you the differences so you can decide.

Which pays a higher dividend, Enel or Enagás?

As of November 4, 2026, Enagás yields 5.69% and Enel yields 5.58%. Also check how much of their profit Enel and Enagás pay out: if it is more than they earn, it cannot last.

Which is more expensive, Enel or Enagás?

On P/E, Enel (23.0x) is more expensive than Enagás (13.0x) as of November 4, 2026. A higher P/E can be justified if earnings grow faster, so compare it with each company's growth in the table.

Can I own both Enel and Enagás?

Yes. Many people spread their money across several companies, such as Enel and Enagás, or use index funds so they do not depend on just one. If you are starting out, decide how much you want to invest and for how long before buying Enel or Enagás.

More comparisons with Enel or Enagás

• Enel vs Naturgy
• Enel vs Redeia
• Enagás vs Naturgy
• Enagás vs Redeia

More companies like Enel and Enagás: utilities and renewables stocks. Educational content about Enel and Enagás, not investment advice.