ENAV SPA (ENAV.MI) Fundamental Analysis & Valuation
BIT:ENAV • IT0005176406
Current stock price
5.045 EUR
-0.08 (-1.66%)
Last:
This ENAV.MI fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. ENAV.MI Profitability Analysis
1.1 Basic Checks
- In the past year ENAV was profitable.
- ENAV had a positive operating cash flow in the past year.
- ENAV had positive earnings in each of the past 5 years.
- The reported operating cash flow has been mixed in the past 5 years: ENAV reported negative operating cash flow in multiple years.
1.2 Ratios
- ENAV has a Return On Assets of 6.50%. This is in the better half of the industry: ENAV outperforms 69.23% of its industry peers.
- ENAV's Return On Equity of 13.55% is fine compared to the rest of the industry. ENAV outperforms 69.23% of its industry peers.
- ENAV has a better Return On Invested Capital (10.90%) than 84.62% 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
- ENAV has a Profit Margin (10.09%) which is in line with its industry peers.
- ENAV's Profit Margin has declined in the last couple of years.
- ENAV has a worse Operating Margin (15.93%) than 61.54% of its industry peers.
- In the last couple of years the Operating Margin of ENAV has remained more or less at the same level.
- Looking at the Gross Margin, with a value of 100.84%, ENAV belongs to the top of the industry, outperforming 92.31% of the companies in the same industry.
- In the last couple of years the Gross Margin of ENAV has remained more or less at the same level.
| 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. ENAV.MI Health Analysis
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
- An Altman-Z score of 2.80 indicates that ENAV is not a great score, but indicates only limited risk for bankruptcy at the moment.
- ENAV has a better Altman-Z score (2.80) than 76.92% of its industry peers.
- 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.
- ENAV's Debt to FCF ratio of 3.18 is amongst the best of the industry. ENAV outperforms 92.31% of its industry peers.
- ENAV has a Debt/Equity ratio of 0.19. This is a healthy value indicating a solid balance between debt and equity.
- ENAV's Debt to Equity ratio of 0.19 is amongst the best of the industry. ENAV outperforms 92.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | 3.18 | ||
| Altman-Z | 2.8 |
ROIC/WACC1.36
WACC8.03%
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.
- The Current ratio of ENAV (1.18) 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.
- ENAV has a Quick ratio (1.10) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.18 | ||
| Quick Ratio | 1.1 |
3. ENAV.MI Growth Analysis
3.1 Past
- ENAV shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 15.00%, which is quite good.
- The Earnings Per Share has been growing slightly by 1.18% on average over the past years.
- ENAV shows a small growth in Revenue. In the last year, the Revenue has grown by 3.84%.
- ENAV shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.94% yearly.
EPS 1Y (TTM)15%
EPS 3Y17.06%
EPS 5Y1.18%
EPS Q2Q%N/A
Revenue 1Y (TTM)3.84%
Revenue growth 3Y7.77%
Revenue growth 5Y2.94%
Sales Q2Q%-12.01%
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.
- Based on estimates for the next years, ENAV will show a small growth in Revenue. The Revenue will grow by 2.93% on average per year.
EPS Next Y-28.66%
EPS Next 2Y-8.31%
EPS Next 3Y-0.99%
EPS Next 5Y5.8%
Revenue Next Year-2.07%
Revenue Next 2Y1.5%
Revenue Next 3Y2.15%
Revenue Next 5Y2.93%
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 accelerating.
- The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. ENAV.MI Valuation Analysis
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 21.93, the valuation of ENAV can be described as rather expensive.
- ENAV's Price/Earnings ratio is a bit more expensive when compared to the industry. ENAV is more expensive than 61.54% of the companies in the same industry.
- ENAV is valuated rather cheaply when we compare the Price/Earnings ratio to 27.42, which is the current average of the S&P500 Index.
- With a Price/Forward Earnings ratio of 26.09, ENAV can be considered very expensive at the moment.
- ENAV's Price/Forward Earnings is on the same level as the industry average.
- The average S&P500 Price/Forward Earnings ratio is at 22.24. ENAV is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.93 | ||
| Fwd PE | 26.09 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ENAV is on the same level as its industry peers.
- Based on the Price/Free Cash Flow ratio, ENAV is valued a bit cheaper than 76.92% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.78 | ||
| EV/EBITDA | 8.68 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)18.64
EPS Next 2Y-8.31%
EPS Next 3Y-0.99%
5. ENAV.MI Dividend Analysis
5.1 Amount
- With a Yearly Dividend Yield of 5.70%, ENAV is a good candidate for dividend investing.
- ENAV's Dividend Yield is rather good when compared to the industry average which is at 3.30. ENAV pays more dividend than 84.62% of the companies in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.81, ENAV pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.7% |
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-8.31%
EPS Next 3Y-0.99%
ENAV.MI Fundamentals: All Metrics, Ratios and Statistics
BIT:ENAV (4/24/2026, 7:00:00 PM)
5.045
-0.08 (-1.66%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryTransportation Infrastructure
Earnings (Last)03-23 2026-03-23
Earnings (Next)05-12 2026-05-12
Inst Owners19.15%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap2.73B
Revenue(TTM)999.75M
Net Income(TTM)147.20M
Analysts75.38
Price Target5.07 (0.5%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.7% |
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)4.82%
PT rev (3m)7.24%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)3.78%
EPS NY rev (3m)5.04%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0.39%
Revenue NY rev (3m)0.39%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.93 | ||
| Fwd PE | 26.09 | ||
| P/S | 1.87 | ||
| P/FCF | 14.78 | ||
| P/OCF | 8.89 | ||
| P/B | 2.52 | ||
| P/tB | 3.05 | ||
| EV/EBITDA | 8.68 |
EPS(TTM)0.23
EY4.56%
EPS(NY)0.19
Fwd EY3.83%
FCF(TTM)0.34
FCFY6.77%
OCF(TTM)0.57
OCFY11.24%
SpS2.69
BVpS2.01
TBVpS1.66
PEG (NY)N/A
PEG (5Y)18.64
Graham Number3.22119 (-36.15%)
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 | 2.8 |
F-Score5
WACC8.03%
ROIC/WACC1.36
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)15%
EPS 3Y17.06%
EPS 5Y1.18%
EPS Q2Q%N/A
EPS Next Y-28.66%
EPS Next 2Y-8.31%
EPS Next 3Y-0.99%
EPS Next 5Y5.8%
Revenue 1Y (TTM)3.84%
Revenue growth 3Y7.77%
Revenue growth 5Y2.94%
Sales Q2Q%-12.01%
Revenue Next Year-2.07%
Revenue Next 2Y1.5%
Revenue Next 3Y2.15%
Revenue Next 5Y2.93%
EBIT growth 1Y-14.23%
EBIT growth 3Y23.96%
EBIT growth 5Y1.86%
EBIT Next Year35.53%
EBIT Next 3Y16.95%
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 Fundamental Analysis 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 for ENAV stock?
ChartMill assigns a valuation rating of 2 / 10 to ENAV SPA (ENAV.MI). This can be considered as Overvalued.
What is the profitability of ENAV stock?
ENAV SPA (ENAV.MI) has a profitability rating of 5 / 10.
Can you provide the expected EPS growth for ENAV stock?
The Earnings per Share (EPS) of ENAV SPA (ENAV.MI) is expected to decline by -28.66% in the next year.
How sustainable is the dividend of ENAV SPA (ENAV.MI) stock?
The dividend rating of ENAV SPA (ENAV.MI) is 5 / 10 and the dividend payout ratio is 99.3%.