ENAV SPA (ENAV.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:ENAV - IT0005176406 - Common Stock
4.574 EUR
-0.02 (-0.35%)
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. ENAV has only an average score on both its financial health and profitability. ENAV is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
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.
The Return On Equity of ENAV (13.55%) is better than 76.92% of its industry peers.
ENAV's Return On Invested Capital of 10.90% is fine compared to the rest of the industry. ENAV outperforms 69.23% 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.
With a Operating Margin value of 15.93%, ENAV perfoms like the industry average, outperforming 46.15% of the companies in the same industry.
In the last couple of years the Operating Margin of ENAV has remained more or less at the same level.
ENAV has a Gross Margin of 100.84%. This is amongst the best in the industry. ENAV outperforms 100.00% of its industry peers.
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. 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.
2.2 Solvency
ENAV has an Altman-Z score of 2.65. 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.
ENAV's Altman-Z score of 2.65 is fine compared to the rest of the industry. ENAV outperforms 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.
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.
A Debt/Equity ratio of 0.19 indicates that ENAV is not too dependend on debt financing.
ENAV has a better Debt to Equity ratio (0.19) than 92.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | 3.18 | ||
| Altman-Z | 2.65 |
ROIC/WACC1.33
WACC8.2%
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 of 1.10. This is comparable to the rest of the industry: ENAV outperforms 53.85% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.18 | ||
| Quick Ratio | 1.1 |
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.
Looking at the last year, ENAV shows a small growth in Revenue. The Revenue has grown by 3.84% in the last year.
The Revenue has been growing slightly by 2.94% on average over the past years.
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 5.81% yearly.
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-31.96%
EPS Next 2Y-10.3%
EPS Next 3Y-2.73%
EPS Next 5Y5.81%
Revenue Next Year-1.7%
Revenue Next 2Y1.08%
Revenue Next 3Y1.67%
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
With a Price/Earnings ratio of 26.91, ENAV can be considered very expensive at the moment.
61.54% of the companies in the same industry are cheaper than ENAV, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 25.47. ENAV is around the same levels.
ENAV is valuated rather expensively with a Price/Forward Earnings ratio of 24.72.
Based on the Price/Forward Earnings ratio, ENAV is valued a bit more expensive than 61.54% of the companies in the same industry.
ENAV's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 34.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.91 | ||
| Fwd PE | 24.72 |
4.2 Price Multiples
ENAV's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, ENAV is valued a bit cheaper than 69.23% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.4 | ||
| EV/EBITDA | 7.84 |
4.3 Compensation for Growth
A cheap valuation may be justified as ENAV's earnings are expected to decrease with -2.73% in the coming years.
PEG (NY)N/A
PEG (5Y)22.86
EPS Next 2Y-10.3%
EPS Next 3Y-2.73%
5. Dividend
5.1 Amount
ENAV has a Yearly Dividend Yield of 6.10%, which is a nice return.
ENAV's Dividend Yield is rather good when compared to the industry average which is at 5.86. ENAV pays more dividend than 84.62% of the companies in the same industry.
ENAV's Dividend Yield is rather good when compared to the S&P500 average which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.1% |
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-10.3%
EPS Next 3Y-2.73%
BIT:ENAV (11/21/2025, 7:00:00 PM)
4.574
-0.02 (-0.35%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryTransportation Infrastructure
Earnings (Last)
Earnings (Next)
Inst Owners19.5%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap2.48B
Revenue(TTM)999.75M
Net Income(TTM)147.20M
Analysts76.92
Price Target4.71 (2.97%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.1% |
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)5.2%
PT rev (3m)5.2%
EPS NQ rev (1m)-20.87%
EPS NQ rev (3m)-20.87%
EPS NY rev (1m)0%
EPS NY rev (3m)0.28%
Revenue NQ rev (1m)-6.93%
Revenue NQ rev (3m)-6.93%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.91 | ||
| Fwd PE | 24.72 | ||
| P/S | 1.7 | ||
| P/FCF | 13.4 | ||
| P/OCF | 8.06 | ||
| P/B | 2.28 | ||
| P/tB | 2.76 | ||
| EV/EBITDA | 7.84 |
EPS(TTM)0.17
EY3.72%
EPS(NY)0.19
Fwd EY4.05%
FCF(TTM)0.34
FCFY7.46%
OCF(TTM)0.57
OCFY12.4%
SpS2.69
BVpS2.01
TBVpS1.66
PEG (NY)N/A
PEG (5Y)22.86
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 | 2.65 |
F-Score5
WACC8.2%
ROIC/WACC1.33
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-31.96%
EPS Next 2Y-10.3%
EPS Next 3Y-2.73%
EPS Next 5Y5.81%
Revenue 1Y (TTM)3.84%
Revenue growth 3Y7.77%
Revenue growth 5Y2.94%
Sales Q2Q%-5.05%
Revenue Next Year-1.7%
Revenue Next 2Y1.08%
Revenue Next 3Y1.67%
Revenue Next 5Y2.93%
EBIT growth 1Y-14.23%
EBIT growth 3Y23.96%
EBIT growth 5Y1.86%
EBIT Next Year33.17%
EBIT Next 3Y15.86%
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 4 / 10 to ENAV.MI.
Can you provide the valuation status for ENAV SPA?
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.
How financially healthy is ENAV SPA?
The financial health rating of ENAV SPA (ENAV.MI) is 6 / 10.
Can you provide the dividend sustainability for ENAV stock?
The dividend rating of ENAV SPA (ENAV.MI) is 5 / 10 and the dividend payout ratio is 99.3%.