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

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

Analyst Recommendations

This is a summary of recent ratings and recommmendations for Companhia Paranaense de Energia – COPEL and Enlight Renewable Energy, as reported by MarketBeat.

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

Enlight Renewable Energy has a consensus target price of $18.50, suggesting a potential upside of 12.67%. Given Enlight Renewable Energy’s higher possible upside, analysts plainly believe Enlight Renewable Energy is more favorable than Companhia Paranaense de Energia – COPEL.

Earnings and Valuation

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

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Companhia Paranaense de Energia – COPEL	$4.30 billion	0.93	$452.44 million	N/A	N/A
Enlight Renewable Energy	$255.70 million	7.42	$70.92 million	$0.57	28.81

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

Profitability

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

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

Risk & Volatility

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

Institutional & Insider Ownership

3.8% of Companhia Paranaense de Energia – COPEL shares are owned by institutional investors. Comparatively, 38.9% of Enlight Renewable Energy shares are owned by institutional investors. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

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.

About Enlight Renewable Energy

Enlight Renewable Energy Ltd operates as a renewable energy platform in Israel and internationally. The company initiates, plans, develops, constructs, and operates projects to produce electricity from renewable energy sources. 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.