Spruce Power (NYSE:SPRU) and Enel Chile (NYSE:ENIC) Critical Analysis

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

Analyst Recommendations

This is a breakdown of recent ratings for Spruce Power and Enel Chile, as provided by MarketBeat.

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

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Spruce Power	-76.20%	-10.61%	-2.61%
Enel Chile	18.01%	15.79%	6.23%

Risk and Volatility

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

Valuation & Earnings

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

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Spruce Power	$79.86 million	0.59	-$65.83 million	($3.29)	-0.78
Enel Chile	$4,433.66 billion	0.00	$760.15 million	$0.52	5.44

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.

Insider and Institutional Ownership

20.8% of Spruce Power shares are held by institutional investors. Comparatively, 3.2% of Enel Chile shares are held by institutional investors. 9.6% of Spruce Power shares are held by 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

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

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.

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).