Analyzing Enlight Renewable Energy (NASDAQ:ENLT) & Texas Pacific Land (NYSE:TPL)

Enlight Renewable Energy (NASDAQ:ENLTGet Free Report) and Texas Pacific Land (NYSE:TPLGet Free Report) are both energy companies, but which is the better stock? We will contrast the two businesses based on the strength of their valuation, dividends, earnings, risk, profitability, analyst recommendations and institutional ownership.

Profitability

This table compares Enlight Renewable Energy and Texas Pacific Land’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Enlight Renewable Energy 23.58% 7.48% 1.97%
Texas Pacific Land 62.16% 39.47% 35.65%

Valuation & Earnings

This table compares Enlight Renewable Energy and Texas Pacific Land”s revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Enlight Renewable Energy $449.58 million 8.84 $44.21 million $0.92 37.38
Texas Pacific Land $705.82 million 30.27 $453.96 million $20.06 46.35

Texas Pacific Land has higher revenue and earnings than Enlight Renewable Energy. Enlight Renewable Energy is trading at a lower price-to-earnings ratio than Texas Pacific Land, indicating that it is currently the more affordable of the two stocks.

Risk & Volatility

Enlight Renewable Energy has a beta of 1.54, meaning that its share price is 54% more volatile than the S&P 500. Comparatively, Texas Pacific Land has a beta of 1.12, meaning that its share price is 12% more volatile than the S&P 500.

Analyst Recommendations

This is a breakdown of recent ratings and recommmendations for Enlight Renewable Energy and Texas Pacific Land, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Enlight Renewable Energy 1 4 2 0 2.14
Texas Pacific Land 1 1 0 0 1.50

Enlight Renewable Energy presently has a consensus price target of $28.40, indicating a potential downside of 17.42%. Given Enlight Renewable Energy’s stronger consensus rating and higher possible upside, analysts clearly believe Enlight Renewable Energy is more favorable than Texas Pacific Land.

Institutional & Insider Ownership

38.9% of Enlight Renewable Energy shares are held by institutional investors. Comparatively, 59.9% of Texas Pacific Land shares are held by institutional investors. 6.9% of Texas Pacific Land shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Summary

Texas Pacific Land beats Enlight Renewable Energy on 10 of the 14 factors compared between the two stocks.

About Enlight Renewable Energy

(Get Free Report)

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 Texas Pacific Land

(Get Free Report)

Texas Pacific Land Corporation engages in the land and resource management, and water services and operations businesses. The company owns a 1/128th nonparticipating perpetual oil and gas royalty interest (NPRI) under approximately 85,000 acres of land; a 1/16th NPRI under approximately 371,000 acres of land; and approximately 4,000 additional net royalty acres, total of approximately 195,000 NRA located in the western part of Texas. The Land and Resource Management segment manages surface acres of land, and oil and gas royalty interest in West Texas. This segment also engages in easements, such as transporting oil, gas and related hydrocarbons, power line and utility, and subsurface wellbore easements. In addition, this segment leases its land for processing, storage, and compression facilities and roads; and is involved in sale of materials, such as caliche, sand, and other material, as well as sells land. The Water Services and Operations segment provides full-service water offerings, including water sourcing, produced-water treatment, infrastructure development, and disposal solutions to operators in the Permian Basin. This segment also holds produced water royalties. Texas Pacific Land Corporation was founded in 1888 and is headquartered in Dallas, Texas.

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