ENAV SPA (ENAV.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:ENAV - IT0005176406 - Common Stock
4.696 EUR
+0 (+0.09%)
We assign a fundamental rating of 5 out of 10 to ENAV. ENAV was compared to 13 industry peers in the Transportation Infrastructure industry. Both the profitability and the financial health of ENAV get a neutral evaluation. Nothing too spectacular is happening here. ENAV is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
- ENAV had positive earnings in the past year.
- ENAV had a positive operating cash flow in the past year.
- In the past 5 years ENAV has always been profitable.
- In multiple years ENAV reported negative operating cash flow during the last 5 years.
1.2 Ratios
- ENAV has a Return On Assets of 6.50%. This is in the better half of the industry: ENAV outperforms 76.92% of its industry peers.
- ENAV's Return On Equity of 13.55% is fine compared to the rest of the industry. ENAV outperforms 76.92% of its industry peers.
- ENAV has a better Return On Invested Capital (10.90%) than 76.92% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.5% | ||
| ROE | 13.55% | ||
| ROIC | 10.9% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- Looking at the Profit Margin, with a value of 10.09%, ENAV is in the better half of the industry, outperforming 61.54% of the companies in the same industry.
- ENAV's Profit Margin has declined in the last couple of years.
- ENAV has a Operating Margin (15.93%) which is comparable to the rest of the industry.
- ENAV's Operating Margin has been stable in the last couple of years.
- ENAV has a Gross Margin of 100.84%. This is amongst the best in the industry. ENAV outperforms 100.00% of its industry peers.
- ENAV's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.93% | ||
| PM (TTM) | 10.09% | ||
| GM | 100.84% |
OM growth 3Y15.02%
OM growth 5Y-1.05%
PM growth 3Y8.65%
PM growth 5Y-1.67%
GM growth 3Y-0.19%
GM growth 5Y-0.17%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), ENAV is creating some value.
- ENAV has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
- ENAV has an Altman-Z score of 2.68. This is not the best score and indicates that ENAV is in the grey zone with still only limited risk for bankruptcy at the moment.
- With a decent Altman-Z score value of 2.68, ENAV is doing good in the industry, outperforming 76.92% of the companies in the same industry.
- ENAV has a debt to FCF ratio of 3.18. This is a good value and a sign of high solvency as ENAV would need 3.18 years to pay back of all of its debts.
- With an excellent Debt to FCF ratio value of 3.18, ENAV belongs to the best of the industry, outperforming 84.62% of the companies in the same industry.
- ENAV has a Debt/Equity ratio of 0.19. This is a healthy value indicating a solid balance between debt and equity.
- With an excellent Debt to Equity ratio value of 0.19, ENAV belongs to the best of the industry, outperforming 92.31% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | 3.18 | ||
| Altman-Z | 2.68 |
ROIC/WACC1.35
WACC8.1%
2.3 Liquidity
- ENAV has a Current Ratio of 1.18. This is a normal value and indicates that ENAV is financially healthy and should not expect problems in meeting its short term obligations.
- ENAV has a Current ratio (1.18) which is comparable to the rest of the industry.
- A Quick Ratio of 1.10 indicates that ENAV should not have too much problems paying its short term obligations.
- Looking at the Quick ratio, with a value of 1.10, ENAV is in line with its industry, outperforming 53.85% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.18 | ||
| Quick Ratio | 1.1 |
3. Growth
3.1 Past
- The earnings per share for ENAV have decreased strongly by -22.73% in the last year.
- Measured over the past 5 years, ENAV shows a small growth in Earnings Per Share. The EPS has been growing by 1.18% on average per year.
- The Revenue has been growing slightly by 3.84% in the past year.
- ENAV shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.94% yearly.
EPS 1Y (TTM)-22.73%
EPS 3Y17.06%
EPS 5Y1.18%
EPS Q2Q%-16.67%
Revenue 1Y (TTM)3.84%
Revenue growth 3Y7.77%
Revenue growth 5Y2.94%
Sales Q2Q%-5.05%
3.2 Future
- Based on estimates for the next years, ENAV will show a small growth in Earnings Per Share. The EPS will grow by 5.80% on average per year.
- ENAV is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.93% yearly.
EPS Next Y-32.09%
EPS Next 2Y-9.46%
EPS Next 3Y-1.79%
EPS Next 5Y5.8%
Revenue Next Year-2.45%
Revenue Next 2Y1.78%
Revenue Next 3Y2.09%
Revenue Next 5Y2.93%
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 27.62, the valuation of ENAV can be described as expensive.
- ENAV's Price/Earnings ratio is in line with the industry average.
- ENAV's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.33.
- With a Price/Forward Earnings ratio of 24.90, ENAV is valued on the expensive side.
- The rest of the industry has a similar Price/Forward Earnings ratio as ENAV.
- The average S&P500 Price/Forward Earnings ratio is at 24.12. ENAV is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.62 | ||
| Fwd PE | 24.9 |
4.2 Price Multiples
- ENAV's Enterprise Value to EBITDA is on the same level as the industry average.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of ENAV indicates a somewhat cheap valuation: ENAV is cheaper than 69.23% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.75 | ||
| EV/EBITDA | 8.02 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)23.47
EPS Next 2Y-9.46%
EPS Next 3Y-1.79%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 5.65%, ENAV is a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 5.17, ENAV pays a bit more dividend than its industry peers.
- ENAV's Dividend Yield is rather good when compared to the S&P500 average which is at 1.91.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.65% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- ENAV pays out 99.30% of its income as dividend. This is not a sustainable payout ratio.
DP99.3%
EPS Next 2Y-9.46%
EPS Next 3Y-1.79%
BIT:ENAV (1/15/2026, 5:35:15 PM)
4.696
+0 (+0.09%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryTransportation Infrastructure
Earnings (Last)11-12 2025-11-12/dmh
Earnings (Next)03-30 2026-03-30
Inst Owners20.13%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap2.54B
Revenue(TTM)999.75M
Net Income(TTM)147.20M
Analysts76.92
Price Target4.73 (0.72%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.65% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP99.3%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-7.19%
Min EPS beat(2)-23.61%
Max EPS beat(2)9.22%
EPS beat(4)1
Avg EPS beat(4)-12.42%
Min EPS beat(4)-23.61%
Max EPS beat(4)9.22%
EPS beat(8)2
Avg EPS beat(8)-4.94%
EPS beat(12)2
Avg EPS beat(12)-9.07%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)-1.53%
Min Revenue beat(2)-5.55%
Max Revenue beat(2)2.49%
Revenue beat(4)1
Avg Revenue beat(4)-1.75%
Min Revenue beat(4)-5.55%
Max Revenue beat(4)2.49%
Revenue beat(8)2
Avg Revenue beat(8)-2.65%
Revenue beat(12)5
Avg Revenue beat(12)7.44%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)5.53%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-20.87%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.19%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-6.93%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.77%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.62 | ||
| Fwd PE | 24.9 | ||
| P/S | 1.74 | ||
| P/FCF | 13.75 | ||
| P/OCF | 8.28 | ||
| P/B | 2.34 | ||
| P/tB | 2.84 | ||
| EV/EBITDA | 8.02 |
EPS(TTM)0.17
EY3.62%
EPS(NY)0.19
Fwd EY4.02%
FCF(TTM)0.34
FCFY7.27%
OCF(TTM)0.57
OCFY12.08%
SpS2.69
BVpS2.01
TBVpS1.66
PEG (NY)N/A
PEG (5Y)23.47
Graham Number2.77
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.5% | ||
| ROE | 13.55% | ||
| ROCE | 15.56% | ||
| ROIC | 10.9% | ||
| ROICexc | 13.13% | ||
| ROICexgc | 15.5% | ||
| OM | 15.93% | ||
| PM (TTM) | 10.09% | ||
| GM | 100.84% | ||
| FCFM | 12.68% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y15.02%
OM growth 5Y-1.05%
PM growth 3Y8.65%
PM growth 5Y-1.67%
GM growth 3Y-0.19%
GM growth 5Y-0.17%
F-Score5
Asset Turnover0.64
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | 3.18 | ||
| Debt/EBITDA | 0.58 | ||
| Cap/Depr | 96.92% | ||
| Cap/Sales | 8.39% | ||
| Interest Coverage | 10.53 | ||
| Cash Conversion | 85.71% | ||
| Profit Quality | 125.65% | ||
| Current Ratio | 1.18 | ||
| Quick Ratio | 1.1 | ||
| Altman-Z | 2.68 |
F-Score5
WACC8.1%
ROIC/WACC1.35
Cap/Depr(3y)84.55%
Cap/Depr(5y)77.23%
Cap/Sales(3y)11.39%
Cap/Sales(5y)11.47%
Profit Quality(3y)115.81%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-22.73%
EPS 3Y17.06%
EPS 5Y1.18%
EPS Q2Q%-16.67%
EPS Next Y-32.09%
EPS Next 2Y-9.46%
EPS Next 3Y-1.79%
EPS Next 5Y5.8%
Revenue 1Y (TTM)3.84%
Revenue growth 3Y7.77%
Revenue growth 5Y2.94%
Sales Q2Q%-5.05%
Revenue Next Year-2.45%
Revenue Next 2Y1.78%
Revenue Next 3Y2.09%
Revenue Next 5Y2.93%
EBIT growth 1Y-14.23%
EBIT growth 3Y23.96%
EBIT growth 5Y1.86%
EBIT Next Year33.68%
EBIT Next 3Y16.65%
EBIT Next 5Y12.96%
FCF growth 1Y20.42%
FCF growth 3YN/A
FCF growth 5Y-6.75%
OCF growth 1Y22.84%
OCF growth 3YN/A
OCF growth 5Y-4.05%
ENAV SPA / ENAV.MI FAQ
Can you provide the ChartMill fundamental rating for ENAV SPA?
ChartMill assigns a fundamental rating of 5 / 10 to ENAV.MI.
What is the valuation status of ENAV SPA (ENAV.MI) stock?
ChartMill assigns a valuation rating of 2 / 10 to ENAV SPA (ENAV.MI). This can be considered as Overvalued.
Can you provide the profitability details for ENAV SPA?
ENAV SPA (ENAV.MI) has a profitability rating of 5 / 10.
What are the PE and PB ratios of ENAV SPA (ENAV.MI) stock?
The Price/Earnings (PE) ratio for ENAV SPA (ENAV.MI) is 27.62 and the Price/Book (PB) ratio is 2.34.
Can you provide the financial health for ENAV stock?
The financial health rating of ENAV SPA (ENAV.MI) is 6 / 10.