Comparing Spruce Power (NYSE:SPRU) and Enel Chile (NYSE:ENIC)

Enel Chile (NYSE:ENIC) and Spruce Power (NYSE:SPRU) are both utilities companies, but which is the superior investment? We will compare the two companies based on the strength of their analyst recommendations, profitability, risk, valuation, earnings, institutional ownership and dividends.

Institutional & Insider Ownership

3.2% of Enel Chile shares are owned by institutional investors. Comparatively, 20.8% of Spruce Power shares are owned by institutional investors. 9.6% of Spruce Power shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Risk & Volatility

Enel Chile has a beta of 1.16, suggesting that its share price is 16% more volatile than the S&P 500. Comparatively, Spruce Power has a beta of 1.2, suggesting that its share price is 20% more volatile than the S&P 500.

Analyst Recommendations

This is a summary of current ratings and recommmendations for Enel Chile and Spruce Power, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Enel Chile	0	0	0	0	N/A
Spruce Power	0	0	0	0	N/A

Profitability

This table compares Enel Chile and Spruce Power’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Enel Chile	18.01%	61.15%	24.60%
Spruce Power	-76.20%	-10.61%	-2.61%

Valuation & Earnings

This table compares Enel Chile and Spruce Power”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Enel Chile	$4,433.66 billion	0.00	$760.15 million	$0.52	5.42
Spruce Power	$79.86 million	0.58	-$65.83 million	($3.29)	-0.76

Enel Chile has higher revenue and earnings than Spruce Power. Spruce Power is trading at a lower price-to-earnings ratio than Enel Chile, indicating that it is currently the more affordable of the two stocks.

Summary

Enel Chile beats Spruce Power on 7 of the 11 factors compared between the two stocks.

About Enel Chile

Enel Chile S.A., an electricity utility company, engages in the generation, transmission, and distribution of electricity in Chile. The company operates through Generation, and Distribution and Networks Segments. It generates electricity through various sources, such as hydroelectric, thermal, wind, solar, and geothermal power plants. It distributes electricity in various municipalities of the Santiago metropolitan region. The company also engages in the sale and transportation of natural gas, and provision of engineering consulting services. It serves residential, commercial, industrial, and other customers. The company was formerly known as Enersis Chile S.A. and changed its name to Enel Chile S.A. in October 2016. The company was incorporated in 2016 and is headquartered in Santiago, Chile. Enel Chile S.A. (SNSE:ENELCHILE) operates as a subsidiary of Enel SpA (BIT:ENEL).

About Spruce Power

Spruce Power Holding Corporation owns and operates distributed solar energy assets in the United States. The company provides subscription-based services for homeowners and businesses to own and maintain rooftop solar and battery storage. It offers its subscription-based services to approximately 75,000 customers. The company is headquartered in Denver, Colorado.