1. Spain Stocks

  2. •

    Process industries

  3. •

    Pulp & paper
ENCE Energia y Celulosa SA

ENCE Energia y Celulosa SA

2.21
EUR
-0.03
(-1.34%)
-0.29EPS
555.45MMarket Cap
Oct 27Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
3.31
2.75
2.65
2.42
3.02
3.4
3.03
2.91
3.38
4.14
3.42
3.59
3.09
3
Basic EPS, GAAP
0.02
-0.56
0.2
0.15
0.37
0.53
0.04
-0.11
-0.79
1.02
-0.1
0.13
-0.22
-0.24
Free Cash Flow per Basic Share
0.24
-0.2
0.21
0.22
0.51
0.16
-0.44
-0.14
0.29
1.03
-0.59
0.01
-0.2
-0.12
Dividend per Share
0.06
0.08
0.14
0.13
0.16
0.27
0.11
- -
- -
0.27
0.58
0.14
- -
- -
Book Value per Share
2.83
2.19
2.28
2.26
2.58
2.77
2.7
2.94
2.12
2.89
2.2
2.17
1.97
1.89
Tangible Book Value per Share
2.76
2.14
2.23
2.19
2.52
2.53
2.45
2.77
1.96
2.73
2.04
1.9
1.7
1.62
Basic Weighted Avg Shares
258
250
250
250
245
245
243
243
242
242
242
243
242
245
Sales/Revenue/Turnover
853
688
664
605
740
832
735
708
820
1,003
830
870
747
734
Operating Margin (%)
8.35
-6.03
20.72
10.46
19.21
25.51
9.27
-2.97
11.68
17.85
-0.41
8.44
-4.88
8.38
Depreciation Expense
78
69
67
77
75
76
92
107
93
98
102
101
90
89
Net Income, GAAP
4
-141
50
38
92
129
9
-26
-190
247
-25
32
-54
-59
Effective Tax Rate (%)
22.55
- -
25.63
24.24
21.86
23.99
- -
- -
- -
1.84
- -
37.81
- -
- -
Profit Margin (%)
0.51
-20.49
7.51
6.35
12.4
15.52
1.25
-3.73
-23.23
24.64
-2.98
3.62
-7.29
-8.01
Working Capital
137
110
194
158
241
81
31
252
206
92
6
19
-48
-24
LT Debt
339
340
387
377
395
454
598
610
424
227
371
398
434
490
Total Equity
710
543
568
562
642
697
675
850
626
818
650
623
567
539
Return on Invested Capital (%)
2.33
- -
10.59
5.68
11.54
13.44
- -
- -
- -
24.22
- -
3.3
- -
- -
Return on Capital (%)
1.88
- -
7.13
5.41
9.99
12.17
- -
- -
- -
23.92
- -
5.88
- -
- -
Return on Common Equity (%)
0.6
-22.49
8.97
6.85
15.47
19.69
1.38
-3.86
-31.06
40.75
-4
5.96
-10.86
-11.82

Capital Structure

EUR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
125
121
120
LT Borrowings
434
491
490
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
242
242
242
Market Capitalization
580
556
555

Working Capital

EUR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
387
397
389
Cash, Cash Equivalents & STI
230
197
167
Accounts Receivable, Net
29
69
47
Inventories
89
99
122
Total Current Liabilities
435
415
412
Payables & Accruals
- -
- -
- -
ST Debt
125
121
120
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.51%
-5.87%
-8.99%
Free Cash Flow
-355.03%
-634.52%
-2,865.48%
Net Income, GAAP
-54.32%
-43.94%
-272.6%
Sales/Revenue/Turnover
2.22%
2.34%
-14.15%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
204
229
225
202
870
2025
187
192
- -
187
747
2026
154
201
- -
- -
- -

Quarterly Earnings Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
0.08
0.06
-0.04
0.13
2025
0.01
-0.04
- -
-0.13
-0.22
2026
-0.07
- -
- -
- -
- -

Quarterly Dividends Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
0.01
0.14
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Ignacio de Colmenares y Brunet
Full Time Employees
1,342
Sector
Process industries
Industry
Pulp & paper
Address
Calle Beatriz de Bobadilla, 14 Madrid MA Spain 28040
IPO Date
Oct 20, 1992
Website
ence.es
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Business
ENCE Energía y Celulosa, S.A. (ENC.MC) operates as an integrated industrial biotechnology company focused on the production of eucalyptus pulp and the development of sustainable bio-based products and solutions. The company manufactures dissolving pulp, kraft pulp, and energy products; provides bio-factories for advanced biomaterials, biochemicals, and biofuels; and offers forestry services, including seedling production, plantation management, and wood supply chain optimization. Its operations span Spain, with primary manufacturing facilities in Navia (Asturias) and Puente Tocinos (Murcia), and extend to international markets through exports and partnerships in Europe, Asia, and Latin America. Founded in 1964 and headquartered in Madrid, Spain, ENCE serves industries such as textiles, pharmaceuticals, food, hygiene, and renewable energy, targeting customers seeking eco-friendly alternatives to petrochemicals. The company emphasizes circular bioeconomy principles, leveraging its genetically improved eucalyptus plantations and proprietary enzymatic technologies for high-yield, low-impact production. Key segments include pulp production (over 500,000 tons annually), bio-products via its Ence Biofactory division, and renewable energy generation from biomass. In recent developments, ENCE has advanced its biofactory strategy with the full operation of its flagship Biofactory Navia 1, launched in late 2023, which produces xylose, xylitol, and furfural from pulp co-products, marking a shift toward high-value biochemicals. The company secured a €100 million financing package in 2024 from the European Investment Bank and BBVA to fund Biofactory expansions and sustainability initiatives. Additionally, ENCE expanded its forestry assets through a 2024 partnership with local landowners in Huelva for sustainable eucalyptus cultivation and announced plans for Biofactory Puertollano in early 2025, reinforcing its commitment to industrial biotechnology growth.