ENI SPA-SPONSORED ADR (E) Stock Fundamental Analysis
NYSE:E - New York Stock Exchange, Inc. - US26874R1086 - ADR - Currency: USD
We assign a fundamental rating of 4 out of 10 to E. E was compared to 210 industry peers in the Oil, Gas & Consumable Fuels industry. E has an average financial health and profitability rating. E is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
E had positive earnings in the past year.
E had a positive operating cash flow in the past year.
Of the past 5 years E 4 years were profitable.
E had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
E has a Return On Assets (2.99%) which is comparable to the rest of the industry.
Looking at the Return On Equity, with a value of 8.06%, E is in line with its industry, outperforming 50.95% of the companies in the same industry.
E has a Return On Invested Capital of 9.15%. This is in the better half of the industry: E outperforms 73.33% of its industry peers.
The Average Return On Invested Capital over the past 3 years for E is significantly below the industry average of 23.80%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.99% | ||
| ROE | 8.06% | ||
| ROIC | 9.15% |
ROA(3y)4.75%
ROA(5y)2.12%
ROE(3y)13.1%
ROE(5y)5.86%
ROIC(3y)9.34%
ROIC(5y)7.79%
1.3 Margins
The Profit Margin of E (3.27%) is comparable to the rest of the industry.
E's Profit Margin has improved in the last couple of years.
E's Operating Margin of 9.87% is on the low side compared to the rest of the industry. E is outperformed by 61.90% of its industry peers.
In the last couple of years the Operating Margin of E has declined.
E has a Gross Margin (32.96%) which is in line with its industry peers.
E's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.87% | ||
| PM (TTM) | 3.27% | ||
| GM | 32.96% |
OM growth 3Y-16.57%
OM growth 5Y-4.83%
PM growth 3Y-27.02%
PM growth 5Y69.41%
GM growth 3Y-5.64%
GM growth 5Y-4.03%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so E is still creating some value.
E has less shares outstanding than it did 1 year ago.
E has less shares outstanding than it did 5 years ago.
The debt/assets ratio for E is higher compared to a year ago.
2.2 Solvency
E has an Altman-Z score of 1.98. This is not the best score and indicates that E is in the grey zone with still only limited risk for bankruptcy at the moment.
E's Altman-Z score of 1.98 is fine compared to the rest of the industry. E outperforms 65.24% of its industry peers.
E has a debt to FCF ratio of 6.89. This is a slightly negative value and a sign of low solvency as E would need 6.89 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 6.89, E is in line with its industry, outperforming 58.10% of the companies in the same industry.
E has a Debt/Equity ratio of 0.56. This is a neutral value indicating E is somewhat dependend on debt financing.
E has a Debt to Equity ratio (0.56) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.56 | ||
| Debt/FCF | 6.89 | ||
| Altman-Z | 1.98 |
ROIC/WACC1.31
WACC6.98%
2.3 Liquidity
E has a Current Ratio of 1.16. This is a normal value and indicates that E is financially healthy and should not expect problems in meeting its short term obligations.
E has a Current ratio (1.16) which is in line with its industry peers.
E has a Quick Ratio of 1.00. This is a normal value and indicates that E is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of E (1.00) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.16 | ||
| Quick Ratio | 1 |
3. Growth
3.1 Past
The earnings per share for E have decreased strongly by -23.56% in the last year.
E shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 14.87% yearly.
The Revenue has decreased by -5.00% in the past year.
The Revenue has been growing slightly by 4.91% on average over the past years.
EPS 1Y (TTM)-23.56%
EPS 3Y7.34%
EPS 5Y14.87%
EPS Q2Q%-6.25%
Revenue 1Y (TTM)-5%
Revenue growth 3Y5.06%
Revenue growth 5Y4.91%
Sales Q2Q%0.12%
3.2 Future
The Earnings Per Share is expected to grow by 6.22% on average over the next years.
E is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.95% yearly.
EPS Next Y-3.55%
EPS Next 2Y3.75%
EPS Next 3Y7.49%
EPS Next 5Y6.22%
Revenue Next Year-6.12%
Revenue Next 2Y-1.93%
Revenue Next 3Y1.23%
Revenue Next 5Y0.95%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 8.61, which indicates a very decent valuation of E.
Based on the Price/Earnings ratio, E is valued a bit cheaper than 77.14% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.19. E is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 7.86, the valuation of E can be described as very cheap.
E's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. E is cheaper than 77.62% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of E to the average of the S&P500 Index (35.33), we can say E is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.61 | ||
| Fwd PE | 7.86 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, E is valued cheaply inside the industry as 90.95% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, E is valued cheaper than 80.48% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.24 | ||
| EV/EBITDA | 2.47 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)0.58
EPS Next 2Y3.75%
EPS Next 3Y7.49%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 7.35%, E is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 6.41, E pays a bit more dividend than its industry peers.
E's Dividend Yield is rather good when compared to the S&P500 average which is at 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.35% |
5.2 History
The dividend of E has a limited annual growth rate of 2.97%.
E has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)2.97%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
71.01% of the earnings are spent on dividend by E. This is not a sustainable payout ratio.
E's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP71.01%
EPS Next 2Y3.75%
EPS Next 3Y7.49%
32.96
-0.15 (-0.45%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners20.05%
Inst Owner Change0%
Ins Owners3.1%
Ins Owner ChangeN/A
Market Cap50.06B
Analysts72
Price Target34.7 (5.28%)
Short Float %0.11%
Short Ratio3.1
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.35% |
Yearly Dividend2.34
Dividend Growth(5Y)2.97%
DP71.01%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)2.33%
Min EPS beat(2)-9.34%
Max EPS beat(2)14%
EPS beat(4)3
Avg EPS beat(4)5.76%
Min EPS beat(4)-9.34%
Max EPS beat(4)16.06%
EPS beat(8)5
Avg EPS beat(8)3.74%
EPS beat(12)8
Avg EPS beat(12)5.85%
EPS beat(16)12
Avg EPS beat(16)12.88%
Revenue beat(2)1
Avg Revenue beat(2)5.36%
Min Revenue beat(2)-8.64%
Max Revenue beat(2)19.36%
Revenue beat(4)1
Avg Revenue beat(4)-3.32%
Min Revenue beat(4)-19.49%
Max Revenue beat(4)19.36%
Revenue beat(8)1
Avg Revenue beat(8)-13.25%
Revenue beat(12)4
Avg Revenue beat(12)17.88%
Revenue beat(16)8
Avg Revenue beat(16)31.99%
PT rev (1m)1.15%
PT rev (3m)-1.8%
EPS NQ rev (1m)0.47%
EPS NQ rev (3m)-24.47%
EPS NY rev (1m)0.47%
EPS NY rev (3m)-8.36%
Revenue NQ rev (1m)3.47%
Revenue NQ rev (3m)-13.09%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-6.19%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.61 | ||
| Fwd PE | 7.86 | ||
| P/S | 0.32 | ||
| P/FCF | 8.24 | ||
| P/OCF | 3.16 | ||
| P/B | 0.8 | ||
| P/tB | 0.91 | ||
| EV/EBITDA | 2.47 |
EPS(TTM)3.83
EY11.62%
EPS(NY)4.2
Fwd EY12.73%
FCF(TTM)4
FCFY12.13%
OCF(TTM)10.45
OCFY31.69%
SpS101.6
BVpS41.21
TBVpS36.25
PEG (NY)N/A
PEG (5Y)0.58
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.99% | ||
| ROE | 8.06% | ||
| ROCE | 12.1% | ||
| ROIC | 9.15% | ||
| ROICexc | 10.7% | ||
| ROICexgc | 11.46% | ||
| OM | 9.87% | ||
| PM (TTM) | 3.27% | ||
| GM | 32.96% | ||
| FCFM | 3.94% |
ROA(3y)4.75%
ROA(5y)2.12%
ROE(3y)13.1%
ROE(5y)5.86%
ROIC(3y)9.34%
ROIC(5y)7.79%
ROICexc(3y)11.1%
ROICexc(5y)9.22%
ROICexgc(3y)11.86%
ROICexgc(5y)9.84%
ROCE(3y)12.31%
ROCE(5y)10.21%
ROICexcg growth 3Y-17.17%
ROICexcg growth 5Y-2.79%
ROICexc growth 3Y-17.38%
ROICexc growth 5Y-3.38%
OM growth 3Y-16.57%
OM growth 5Y-4.83%
PM growth 3Y-27.02%
PM growth 5Y69.41%
GM growth 3Y-5.64%
GM growth 5Y-4.03%
F-Score5
Asset Turnover0.91
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.56 | ||
| Debt/FCF | 6.89 | ||
| Debt/EBITDA | 1.45 | ||
| Cap/Depr | 111.48% | ||
| Cap/Sales | 6.35% | ||
| Interest Coverage | 10.16 | ||
| Cash Conversion | 66.08% | ||
| Profit Quality | 120.31% | ||
| Current Ratio | 1.16 | ||
| Quick Ratio | 1 | ||
| Altman-Z | 1.98 |
F-Score5
WACC6.98%
ROIC/WACC1.31
Cap/Depr(3y)115.59%
Cap/Depr(5y)96.9%
Cap/Sales(3y)8.49%
Cap/Sales(5y)8.57%
Profit Quality(3y)122.28%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-23.56%
EPS 3Y7.34%
EPS 5Y14.87%
EPS Q2Q%-6.25%
EPS Next Y-3.55%
EPS Next 2Y3.75%
EPS Next 3Y7.49%
EPS Next 5Y6.22%
Revenue 1Y (TTM)-5%
Revenue growth 3Y5.06%
Revenue growth 5Y4.91%
Sales Q2Q%0.12%
Revenue Next Year-6.12%
Revenue Next 2Y-1.93%
Revenue Next 3Y1.23%
Revenue Next 5Y0.95%
EBIT growth 1Y-22.88%
EBIT growth 3Y-12.34%
EBIT growth 5Y-0.16%
EBIT Next Year47.47%
EBIT Next 3Y18.5%
EBIT Next 5Y13.5%
FCF growth 1Y-39.1%
FCF growth 3Y-15.49%
FCF growth 5Y2.8%
OCF growth 1Y-21.74%
OCF growth 3Y0.6%
OCF growth 5Y1.12%