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ENAV SPA (ENAV.MI) Stock Fundamental Analysis

Europe - Euronext Milan - BIT:ENAV - IT0005176406 - Common Stock

4.802 EUR
+0.04 (+0.92%)
Last: 1/27/2026, 5:35:30 PM
Fundamental Rating

5

Taking everything into account, ENAV scores 5 out of 10 in our fundamental rating. ENAV was compared to 14 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. While showing a medium growth rate, ENAV is valued expensive at the moment.


Dividend Valuation Growth Profitability Health

5

1. Profitability

1.1 Basic Checks

  • ENAV had positive earnings in the past year.
  • In the past year ENAV had a positive cash flow from operations.
  • 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.
ENAV.MI Yearly Net Income VS EBIT VS OCF VS FCFENAV.MI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M -200M

1.2 Ratios

  • ENAV's Return On Assets of 6.50% is fine compared to the rest of the industry. ENAV outperforms 78.57% of its industry peers.
  • Looking at the Return On Equity, with a value of 13.55%, ENAV is in the better half of the industry, outperforming 78.57% of the companies in the same industry.
  • Looking at the Return On Invested Capital, with a value of 10.90%, ENAV is in the better half of the industry, outperforming 78.57% of the companies in the same industry.
Industry RankSector 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
ENAV.MI Yearly ROA, ROE, ROICENAV.MI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2 4 6 8 10

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 Operating Margin (15.93%) which is in line with 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 92.86% of the companies in the same industry.
  • ENAV's Gross Margin has been stable in the last couple of years.
Industry RankSector 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%
ENAV.MI Yearly Profit, Operating, Gross MarginsENAV.MI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 20 40 60 80 100

6

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so ENAV is still 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.
ENAV.MI Yearly Shares OutstandingENAV.MI Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 100M 200M 300M 400M 500M
ENAV.MI Yearly Total Debt VS Total AssetsENAV.MI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 500M 1B 1.5B 2B

2.2 Solvency

  • An Altman-Z score of 2.70 indicates that ENAV is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • ENAV's Altman-Z score of 2.70 is fine compared to the rest of the industry. ENAV outperforms 78.57% 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.
  • With an excellent Debt to FCF ratio value of 3.18, ENAV belongs to the best of the industry, outperforming 85.71% 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.
  • ENAV's Debt to Equity ratio of 0.19 is amongst the best of the industry. ENAV outperforms 85.71% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.19
Debt/FCF 3.18
Altman-Z 2.7
ROIC/WACC1.33
WACC8.19%
ENAV.MI Yearly LT Debt VS Equity VS FCFENAV.MI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M 1B

2.3 Liquidity

  • A Current Ratio of 1.18 indicates that ENAV should not have too much problems paying 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 in line with its industry peers.
Industry RankSector Rank
Current Ratio 1.18
Quick Ratio 1.1
ENAV.MI Yearly Current Assets VS Current LiabilitesENAV.MI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 200M 400M 600M 800M

4

3. Growth

3.1 Past

  • ENAV shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -22.73%.
  • 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.
  • ENAV shows a small growth in Revenue. In the last year, the Revenue has grown by 3.84%.
  • Measured over the past years, ENAV shows a small growth in Revenue. The Revenue has been growing by 2.94% on average per year.
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

  • ENAV is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 5.80% yearly.
  • 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

  • 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.
  • 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.
ENAV.MI Yearly Revenue VS EstimatesENAV.MI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 200M 400M 600M 800M 1B
ENAV.MI Yearly EPS VS EstimatesENAV.MI Yearly EPS VS EstimatesYearly EPS VS Estimates 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0.05 0.1 0.15 0.2 0.25

2

4. Valuation

4.1 Price/Earnings Ratio

  • ENAV is valuated quite expensively with a Price/Earnings ratio of 28.25.
  • ENAV's Price/Earnings ratio is in line with the industry average.
  • ENAV is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 28.87, which is the current average of the S&P500 Index.
  • ENAV is valuated quite expensively with a Price/Forward Earnings ratio of 25.47.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of ENAV is on the same level as its industry peers.
  • When comparing the Price/Forward Earnings ratio of ENAV to the average of the S&P500 Index (25.96), we can say ENAV is valued inline with the index average.
Industry RankSector Rank
PE 28.25
Fwd PE 25.47
ENAV.MI Price Earnings VS Forward Price EarningsENAV.MI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • ENAV's Enterprise Value to EBITDA is on the same level as the industry average.
  • ENAV's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. ENAV is cheaper than 71.43% of the companies in the same industry.
Industry RankSector Rank
P/FCF 14.06
EV/EBITDA 8.12
ENAV.MI Per share dataENAV.MI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0.5 1 1.5 2 2.5

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)24
EPS Next 2Y-9.46%
EPS Next 3Y-1.79%

4

5. Dividend

5.1 Amount

  • ENAV has a Yearly Dividend Yield of 5.86%, which is a nice return.
  • ENAV's Dividend Yield is a higher than the industry average which is at 4.85.
  • ENAV's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
Industry RankSector Rank
Dividend Yield 5.86%

5.2 History

Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0

5.3 Sustainability

  • 99.30% of the earnings are spent on dividend by ENAV. This is not a sustainable payout ratio.
DP99.3%
EPS Next 2Y-9.46%
EPS Next 3Y-1.79%
ENAV.MI Yearly Income VS Free CF VS DividendENAV.MI Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M -100M 200M -200M
ENAV.MI Dividend Payout.ENAV.MI Dividend Payout, showing the Payout Ratio.ENAV.MI Dividend Payout.PayoutRetained Earnings

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 28.25 and the Price/Book (PB) ratio is 2.39.


Can you provide the financial health for ENAV stock?

The financial health rating of ENAV SPA (ENAV.MI) is 6 / 10.