Clearway Energy Inc (CWEN) is overvalued and Enel Chile SA ADR (ENIC) is undervalued.
Against our estimates of intrinsic value, ENIC trades at the wider discount: a margin of safety of +36%, against -180% for CWEN.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 6.7% values the shares at $10.93; the price of $30.65 is 180% above that value, and 84% of that value comes from beyond year five.
Leak Score 0/100 on 2 of 12 signals
Discounting its cash flows at 8.1% (average of 3 methods) values the shares at $6.96; the price of $4.42 is 36% below that value, and 79% of that value comes from beyond year five.
Leak Score 54/100 on 3 of 12 signals
| Metric | CWEN | ENIC |
|---|---|---|
| Verdict | Overvalued | Undervalued |
| Price | $30.65 | $4.42 |
| Intrinsic value | $10.93 | $6.96 |
| Margin of safety | -180% | +36% |
| Leak Score | 0/100 (2/12) | 54/100 (3/12) |
| Market cap | $6.3B | $6.1B |
| Revenue growth, 5 years | 2.4% | 6.9% |
| Operating margin | 13.2% | 19.3% |
| Net margin | 5.9% | 13.0% |
| Return on equity | 4.9% | 10.9% |
| Debt to equity | 5.34 | 0.72 |
| P/E | 38.8x | 10.8x |
| Forward P/E | 48.0x | 10.6x |
| P/B | 2.0x | 1.1x |
| Dividend yield | 6.2% | 2.4% |