` ENG (Enagas SA) vs DAX Index Comparison - Alpha Spread

ENG
vs
DAX Index

Over the past 12 months, ENG has underperformed DAX Index, delivering a return of -5% compared to the DAX Index's 31% growth.

Stocks Performance
ENG vs DAX Index

Loading
ENG
DAX Index
Add Stock
www.alphaspread.com

Performance Gap
ENG vs DAX Index

Loading
ENG
DAX Index
Difference
www.alphaspread.com

Performance By Year
ENG vs DAX Index

Loading
ENG
DAX Index
Add Stock

Competitors Performance
Enagas SA vs Peers

Enagas SA
Glance View

Market Cap
3.7B EUR
Industry
Utilities

In the heart of Spain's energy sector, Enagas SA stands as a testament to the intricate dance of infrastructure and innovation that powers modern economies. Established in 1972, Enagas has carved out a pivotal role as the country's prime natural gas transportation company. Its core operations revolve around the ownership and maintenance of a sprawling network of high-pressure gas pipelines that crisscross Spain, ensuring a reliable and consistent energy supply. Additionally, Enagas oversees several key regasification plants and underground storage facilities, which together create an integrated system capable of meeting both domestic demands and facilitating international energy exchanges. This infrastructure not only includes the transport of natural gas but also serves as a crucial component in Europe's broader environmental agenda, as natural gas acts as a transitional fuel in the shift towards renewable energy sources. The business model of Enagas hinges primarily on earning revenue through tariffs set by Spanish and European regulatory bodies, which ensures an element of stability and predictability in its earnings. These tariffs are levied on gas transported through its network and for the use of its regasification and storage assets, enabling the company to maintain robust financial health even amid fluctuating market conditions. Enagas complements this stable revenue stream with strategic investments in international infrastructure projects. This diversification outside its home turf not only bolsters its growth prospects but also solidifies its reputation as a key player on the global energy stage. By balancing its foundational domestic operations with an eye toward international expansion and sustainability, Enagas deftly navigates the evolving energy landscape.

ENG Intrinsic Value
17.93 EUR
Undervaluation 22%
Intrinsic Value
Price
Back to Top