ENLT
Enlight Renewable Energy Ltd
ENLT has lower modeled downside risk, despite its lower overall score.
SMR
NuScale Power Corporation
SMR has the edge over ENLT overall, supported by stronger valuation and stronger modeled upside.
ENLT Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Healthy | |
| Weak | |
| Weak |
ENLT's profitability is currently healthy, but its revenue, cash flow and balance sheet are under pressure.
SMR Fundamentals
| Metric | Status |
|---|---|
| Weak | |
| Weak | |
| Weak | |
| Unavailable |
SMR's revenue, profitability and cash flow are currently weak. There isn't enough data to rate its balance sheet.
ENLT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 28x | $17.23 | -74% |
| Fair | 44x | $26.94 | -60% |
| Expensive | 81x | $49.61 | -26% |
| Current | 110x | $67.27 | — |
Historical ranges are pointers, not guarantees.
ENLT's PE is in its expensive range at 110x.
SMR PE Valuation
SMR has no meaningful PE right now: it lost money over the past year.
ENLT Forward outlook
There aren't enough analyst estimates for ENLT to show an outlook.
SMR Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| -- | |
| Limited | |
| High |
Analysts expect SMR's losses to shrink, with revenue growing.
ENLT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | $0.61 | -34% |
| Q1 2026 | $0.43 | -56% |
| Q4 2025 | $1.02 | +176% |
| Q3 2025 | $0.96 | +140% |
ENLT has the edge over SMR on earnings quality, reporting a profit while its opponent remains loss making.
SMR Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$0.72 | +$2.14 |
| Q2 2026 | -$2.46 | -$1.27 |
| Q1 2026 | -$2.46 | -$1.09 |
| Q4 2025 | -$2.43 | -$0.96 |
| Q3 2025 | -$2.86 | -$1.91 |
| Q2 2025 | -$1.19 | -$0.16 |
| Q1 2025 | -$1.37 | -$0.52 |
| Q4 2024 | -$1.47 | -$0.67 |
SMR is still losing money, but far less than before: $0.72 per share over the past year, against $2.86 at its worst in late 2025.
ENLT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $165M | -58% |
| Q1 2026 | $156.5M | +43% |
| Q4 2025 | $216.8M | +90% |
| Q3 2025 | $138.5M | +27% |
| Q2 2025 | $388.7M | +359% |
| Q1 2025 | $109.8M | +21% |
| Q4 2024 | $114.2M | +55% |
| Q3 2024 | $109.5M | -51% |
ENLT's revenue has slid since its 2025 peak: $165M last quarter, down 58% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 55% | +8.7 points |
| Q1 2026 | 55% | -83 points |
| Q4 2025 | 24% | -12 points |
| Q3 2025 | 49% | -11 points |
| Q2 2025 | 46% | +4.9 points |
| Q1 2025 | 138% | +90 points |
| Q4 2024 | 36% | -22 points |
| Q3 2024 | 60% | -13 points |
ENLT has the edge over SMR on profitability, with a higher operating margin.
SMR Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $281K | -97% |
| Q2 2026 | $75K | -99% |
| Q1 2026 | $565K | -96% |
| Q4 2025 | $1.8M | -95% |
| Q3 2025 | $8.2M | +1635% |
| Q2 2025 | $8.1M | +733% |
| Q1 2025 | $13.4M | +870% |
| Q4 2024 | $34.2M | +651% |
SMR's revenue has slid since its 2024 peak: $281,000 last quarter, down 97% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -23068% | -16535 points |
| Q2 2026 | -85337% | -84802 points |
| Q1 2026 | -10181% | -9917 points |
| Q4 2025 | -4022% | -3988 points |
| Q3 2025 | -6533% | +2103 points |
| Q2 2025 | -535% | +3796 points |
| Q1 2025 | -264% | +2925 points |
| Q4 2024 | -35% | +1524 points |
SMR's operating margin was −23068% last quarter, down 16535 points from the same quarter a year ago, near the bottom of its range since 2022.
ENLT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$654.2M | -$299.5M |
| Q1 2026 | $100.3M | +130% |
| Q4 2025 | -$613.7M | -$425.6M |
| Q3 2025 | -$434.3M | -$283.6M |
| Q2 2025 | -$354.6M | -$148.4M |
| Q1 2025 | $43.6M | +24% |
| Q4 2024 | -$188.2M | +$46.9M |
| Q3 2024 | -$150.7M | +$53.6M |
ENLT has the stronger cash trend. Its trailing FCF is down 97% versus its history, compared with SMR at down 161%.
SMR Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$58.6M | -$25.3M |
| Q1 2026 | -$316.2M | -$293.3M |
| Q4 2025 | -$204.1M | -$177.6M |
| Q2 2025 | -$33.3M | +$2.7M |
| Q1 2025 | -$22.9M | +$10.6M |
| Q4 2024 | -$26.5M | +$46.8M |
| Q3 2024 | -$12.7M | +$15M |
| Q2 2024 | -$36M | +$4.5M |
SMR has burned cash in almost every quarter: −$608M over the past year, against −$95M the year before.
ENLT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +13% | +16.7M shares |
| 1 year | +16% | +21.3M shares |
| 3 years | +28% | +32.6M shares |
ENLT has the edge over SMR on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
ENLT hasn't bought back shares in the past year.
SMR Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +13% | +45.9M shares |
| 1 year | +178% | +263M shares |
| 3 years | +448% | +336M shares |
SMR has 410M diluted shares, up 178% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2023 | — |
| Q3 2023 | — |
| Q2 2023 | — |
| Q1 2023 | — |
| Q4 2022 | — |
| Q3 2022 | — |
ENLT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 11.0x | High |
| Q1 2026 | 7.7x | High |
| Q4 2025 | 2.4x | Moderate |
| Q3 2025 | 6.3x | High |
| Q2 2025 | 6.2x | High |
| Q1 2025 | 7.2x | High |
| Q4 2024 | 9.3x | High |
| Q3 2024 | 10.3x | High |
ENLT's net debt is about 11 years of its operating earnings (EBITDA), up from 6.2 years a year ago.
SMR Net Leverage
SMR's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
ENLT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 41.9 | Neutral |
| Stochastic | 15.0 | Oversold |
ENLT's weekly RSI is 42 (neutral) and its Stochastic is 15 (oversold).
SMR Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 29.5 | Oversold |
| Stochastic | 8.6 | Oversold |
SMR's weekly RSI is 30 (oversold) and its Stochastic is 9 (oversold).
ENLT PE vs Utilities Sector
| Metric | ENLT | Sector median | Relative |
|---|---|---|---|
| PE | 110x | 20x | 440% above |
| PE % | 85 | 67 | 18 pts above |
ENLT is trading at 110x earnings, a 440% premium to the Utilities sector's median of 20x.
SMR PE vs Utilities Sector
SMR has no meaningful PE right now: it lost money over the past year.
ENLT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $67.9 | 1% below |
| 20 week MA | $76.4 | 12% below |
| 50 week MA | $72.9 | 7.7% below |
| 100 week MA | $47.9 | 40% above |
ENLT has stronger trend alignment. ENLT is above 1 of 4 weekly averages versus SMR above 0 of 5.
SMR Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $6.26 | 23% below |
| 20 week MA | $7.88 | 39% below |
| 50 week MA | $11.4 | 58% below |
| 100 week MA | $20.2 | 76% below |
| 200 week MA | $14.4 | 67% below |
SMR is in a downtrend: it's below all five of its weekly moving averages, and 67% below its 200-week average.
ENLT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2023 | $26.0 | $19.1 | -26% |
| 2024 | $19.1 | $17.2 | -10% |
| 2025 | $17.2 | $43.9 | +155% |
| 2026 YTD | $43.9 | $67.3 | +53% |
ENLT has the edge over SMR on returns for 2026, with the stronger performance.
SMR Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $10.1 | $10.3 | +1.2% |
| 2021 | $10.3 | $10.1 | -1.9% |
| 2022 | $10.1 | $10.1 | +0.5% |
| 2023 | $10.1 | $3.29 | -67% |
| 2024 | $3.29 | $19.5 | +493% |
| 2025 | $19.5 | $14.9 | -24% |
| 2026 YTD | $14.9 | $4.82 | -68% |
SMR's yearly returns have swung widely, from +493% in 2024 to −67% in 2023. It's down 68% so far in 2026.