ENLT vs HNRG vs TRP Stock Comparison

Enlight Renewable Energy, Hallador Energy and Tc Energy Prices as of Nov 5, 2026 Peers: Industry group
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HNRG Hallador Energy Co
$9.36 -36.8% 1M -54.8% 1Y
Market cap
$485.00M
P/E
–
Revenue (TTM)
$452.10M
Div. yield
–
Independent Power Producers Utilities
1 win
TRP Tc Energy Corp
$62.58 +3.9% 1M +24.3% 1Y
Market cap
$64.98B
P/E
23.2x
Revenue (TTM)
—
Div. yield
-0.04%
Oil and Gas Pipelines Energy
4 wins

Head to Head

10 decided of 12

Enlight Renewable Energy leads on 5 of the 12 questions below (Enlight Renewable Energy 5, Tc Energy 4, Hallador Energy 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionENLTHNRGTRPLeader
Larger companyMarket capitalisation $8.50B $485.00M $64.98B TRP
Cheaper on earningsLower P/E, profitable companies only 87.5x -531.8x 23.2x TRP
Cheaper on forward earningsLower price / next fiscal year consensus EPS — — 24.6x –
Faster revenue growthRevenue growth, trailing twelve months +38.4% +7.9% — ENLT
More profitableNet margin, trailing twelve months 15.3% -0.2% — ENLT
Better return on capitalReturn on invested capital 9.3% — 10.2% TRP
Less leveragedLower net debt / EBITDA -0.6x 2.4x 4.5x ENLT
Higher dividend yieldTrailing dividend yield 0.00% 0.00% -0.04% –
Better 1-year returnPrice return, last 12 months +81.9% -54.8% +24.3% ENLT
Better 5-year returnAnnualised price return, 5 years — +24.5%/yr +4.0%/yr HNRG
Less volatileAnnualised volatility, 1 year 60.1% 64.7% 19.8% TRP
Higher overall scoreMean of the five percentile scores vs peers 59/100 38/100 44/100 ENLT

Percentile Scorecard

ENLTHNRGTRP

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisENLTHNRGTRP
Valuation 35 #16 of 24 48 #13 of 24 50 #18 of 35
Growth 73 #7 of 23 14 #20 of 23 55 #16 of 34
Profitability 95 #2 of 22 52 #11 of 22 52 #17 of 34
Financial Health 70 #8 of 24 57 #11 of 24 38 #22 of 35
Shareholder Returns 24 #14 of 18 18 #15 of 18 23 #24 of 31
Overall 59 38 44
  • ENLT ranked among 24 companies in Power Generation
  • HNRG ranked among 24 companies in Power Generation
  • TRP ranked among 35 companies in Oil and Gas Midstream

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodENLTHNRGTRPSPY
1 month -4.4%-36.8%+3.9% -5.9%
3 months -23.4%-36.8%-2.1% -4.6%
6 months -24.1%-50.4%-3.9% +0.2%
Year to date +42.1%-50.8%+13.8% +7.5%
1 year +81.9%-54.8%+24.3% +8.2%
3 years +337.7%-30.0%+72.4% +68.3%
3 years, per year +63.6%-11.2%+19.9% +19.0%
5 years —+199.0%+21.6% +56.5%
5 years, per year —+24.5%+4.0% +9.4%
10 years —+2.2%+44.8% +251.5%
10 years, per year —+0.2%+3.8% +13.4%

Risk

MeasureENLTHNRGTRPSPY
Volatility, 1Y 60.1%64.7%19.8% 13.6%
Downside volatility, 1Y 62.3%66.0%18.6% 14.2%
Beta vs S&P 500, 1Y 1.991.47-0.06 1.00
Return / volatility, 1Y 1.36-0.851.23 0.60
Max drawdown, 5Y -39.9%-71.1%-44.3% -25.4%
From 52-week high -39.9%-60.7%-11.7% -5.9%
52-week high $107.42$23.81$70.91 $779.14
52-week low $34.10$9.36$50.35 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleENLTHNRGTRP
P/E now vs peer median 82.3xmedian 21.7x -483.7xmedian 21.7x 23.2xmedian 17.6x
P/S now vs peer median 13.5xmedian 2.5x 1.0xmedian 2.5x 5.3xmedian 2.4x
EV/EBITDA now vs peer median 16.2xmedian 10.9x 78.9xmedian 10.9x 11.5xmedian 10.4x
P/FCF now vs peer median 5.2xmedian 12.3x -8.7xmedian 12.3x 6.9xmedian 15.0x
P/B now vs peer median 3.3xmedian 2.0x 2.3xmedian 2.0x 3.3xmedian 2.3x
PEG now vs peer median 181.39median 0.64 18.46median 0.64 0.09median 0.98

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsENLTHNRGTRP
Revenue $633.37M $452.10M –
Gross profit $440.15M – –
Operating income $321.76M $16.94M –
Net income $123.57M -$912.00K $3.39B
Free cash flow $1.66B -$50.46M $9.37B
R&D $16.45M $468.00K –
EPS (diluted) $0.73 $-0.02 $2.70
Cash & equivalents $736.33M $28.98M $880.12M
Total debt $671.65M $42.93M $42.16B
Shares (diluted) 132.62M 47.13M 1.04B
Enterprise value $4.79B $396.51M $61.74B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricENLTHNRGTRP
P/E 82.3x -483.7x 23.2x
P/FCF 5.2x -8.7x 6.9x
P/Operating cash flow 23.5x 15.8x 10.6x
P/S 13.5x 1.0x 5.3x
P/B 3.3x 2.3x 3.3x
P/Tangible book 3.7x 2.3x 3.3x
EV/EBITDA 16.2x 78.9x 11.5x
EV/EBIT 25.6x 26.9x 14.9x
EV/Revenue 13.0x 1.0x –
EV/FCF 5.0x -9.0x 11.4x
EV/Operating cash flow 22.6x 16.3x 17.4x
PEG (3Y EPS CAGR) 181.39 18.46 0.09

Growth

14 metrics
MetricENLTHNRGTRP
Revenue growth (1Y) 38.4% 7.9% –
Revenue CAGR (3Y) 37.7% -8.3% –
Gross profit growth (1Y) 31.1% – –
Gross profit CAGR (3Y) 46.1% – –
Operating income growth (1Y) 3.5% 109.0% –
Operating income CAGR (3Y) 32.6% -43.0% –
Net income growth (1Y) -16.5% 99.5% 15.8%
Net income CAGR (3Y) 10.0% -26.2% 373.7%
EPS growth (1Y) -26.6% 99.6% 15.7%
EPS CAGR (3Y) 0.5% -26.2% 269.1%
Operating cash flow growth (1Y) 38.8% -63.1% 13.5%
Operating cash flow CAGR (3Y) – -34.2% 3.6%
Free cash flow growth (1Y) 96.6% -295.8% 0.0%
Free cash flow CAGR (3Y) – -50.2% -6.5%

Profitability

14 metrics
MetricENLTHNRGTRP
Gross margin 69.5% – –
EBITDA margin 80.2% 1.3% –
Operating margin 50.8% 3.7% –
Pretax margin 26.4% -0.2% –
Net margin 15.3% -0.2% –
FCF margin 261.3% -11.2% –
Operating cash flow margin 57.4% 6.2% –
Return on equity 5.2% 0.5% 17.3%
Return on assets 1.1% 0.2% –
Return on invested capital 9.3% – 10.2%
Return on capital employed 3.5% 6.8% –
Asset turnover 0.1x 1.0x –
Cash conversion (OCF / net income) 2.9x -30.7x 1.8x
Stock comp / revenue 3.2% 1.0% –

Financial Health

11 metrics
MetricENLTHNRGTRP
Debt / assets 6.1% 9.2% –
Debt / equity 0.3x 0.2x 2.1x
Net debt / EBITDA -0.6x 2.4x 4.5x
Debt / FCF 0.4x -0.9x 4.5x
Liabilities / assets 76.2% 59.3% –
Equity / assets 23.8% 40.7% –
Interest coverage 4.9x 1.0x 2.9x
Current ratio 0.8x 0.7x –
Quick ratio 0.8x 0.2x –
Cash ratio 0.6x 0.1x –
Altman Z-score 0.76 1.68 –

Shareholder Returns

7 metrics
MetricENLTHNRGTRP
Dividend yield – – 5.6%
Net buyback yield -4.9% -12.2% -0.1%
Shareholder yield -4.9% -12.2% 5.5%
Payout ratio (earnings) – – 76.6%
Payout ratio (FCF) – – 27.7%
Dividend growth (1Y) – – -0.1%
Dividend CAGR (3Y) – – -13.5%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusENLTHNRGTRP
Forward P/E – – 24.6xFY2026
EPS, next fiscal year – $-0.35FY2026 $2.54FY2026
EPS growth, next FY – -136.5%FY2026 -0.8%FY2026
EPS growth, the year after – – +14.6%
Revenue, next fiscal year – $474.13MFY2026 $10.86BFY2026
Revenue growth, next FY – +1.0%FY2026 -2.1%FY2026
Revenue growth, the year after – +7.3% +4.2%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersENLTHNRGTRP
Held by institutions 31.2% 76.3% 65.7%
Institutions holding 174 172 698
Change in shares held, QoQ -20.2% +5.2% -5.0%
Institutions buying 130 87 329
Institutions selling 28 52 216
Buyers to sellers 4.64 1.67 1.52

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

ENLTHNRGTRP
ENLT 1.00 0.18 0.05
HNRG 0.18 1.00 0.04
TRP 0.05 0.04 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, ENLT, HNRG and TRP?

Tc Energy (TRP) is the largest by market capitalisation: Enlight Renewable Energy (ENLT) $8.50B, Hallador Energy (HNRG) $485.00M, Tc Energy (TRP) $64.98B.

Which stock is cheaper, ENLT, HNRG and TRP?

Tc Energy (TRP) trades on the lowest price-to-earnings ratio (Enlight Renewable Energy (ENLT) 87.5x, Hallador Energy (HNRG) -531.8x, Tc Energy (TRP) 23.2x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Enlight Renewable Energy (ENLT) grew revenue fastest over the trailing twelve months: Enlight Renewable Energy (ENLT) +38.4%, Hallador Energy (HNRG) +7.9%.

Which company is more profitable?

Enlight Renewable Energy (ENLT) has the highest net margin (Enlight Renewable Energy (ENLT) 15.3%, Hallador Energy (HNRG) -0.2%). On return on invested capital, Tc Energy (TRP) leads (Enlight Renewable Energy (ENLT) 9.3%, Tc Energy (TRP) 10.2%).

Which stock has performed better?

Over the past year Enlight Renewable Energy (ENLT) returned the most: Enlight Renewable Energy (ENLT) +81.9%, Hallador Energy (HNRG) -54.8%, Tc Energy (TRP) +24.3%. Over five years, Hallador Energy (HNRG) compounded fastest (Hallador Energy (HNRG) +24.5%/yr, Tc Energy (TRP) +4.0%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Tc Energy (TRP) has been the steadiest (Enlight Renewable Energy (ENLT) 60.1%, Hallador Energy (HNRG) 64.7%, Tc Energy (TRP) 19.8%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, ENLT, HNRG and TRP?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Enlight Renewable Energy (ENLT) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.