ENAV SPA (ENAV.MI) Stock Fundamental Analysis
Europe - BIT:ENAV - IT0005176406 - Common Stock
4.294 EUR
+0.03 (+0.75%)
Taking everything into account, ENAV scores 4 out of 10 in our fundamental rating. ENAV was compared to 12 industry peers in the Transportation Infrastructure industry. ENAV has an average financial health and profitability rating. ENAV is valued expensive and it does not seem to be growing.
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.
Each year in the past 5 years ENAV has been profitable.
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
The Return On Assets of ENAV (6.50%) is better than 66.67% of its industry peers.
The Return On Equity of ENAV (13.55%) is better than 75.00% of its industry peers.
ENAV has a Return On Invested Capital of 10.90%. This is in the better half of the industry: ENAV outperforms 75.00% 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.
In the last couple of years the Profit Margin of ENAV has declined.
ENAV has a Operating Margin of 15.93%. This is in the lower half of the industry: ENAV underperforms 66.67% of its industry peers.
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 91.67% 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 2.57. 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.
Looking at the Altman-Z score, with a value of 2.57, ENAV is in the better half of the industry, outperforming 66.67% 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.
ENAV has a Debt to FCF ratio of 3.18. This is amongst the best in the industry. ENAV outperforms 83.33% of its industry peers.
A Debt/Equity ratio of 0.19 indicates that ENAV is not too dependend on debt financing.
ENAV has a Debt to Equity ratio of 0.19. This is amongst the best in the industry. ENAV outperforms 83.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | 3.18 | ||
| Altman-Z | 2.57 |
ROIC/WACC1.34
WACC8.14%
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.
With a Quick ratio value of 1.10, ENAV perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
| 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 -13.64%.
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 decrease in Revenue. In the last year, the revenue decreased by -0.60%.
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)-13.64%
EPS 3Y17.06%
EPS 5Y1.18%
EPS Q2Q%-25%
Revenue 1Y (TTM)-0.6%
Revenue growth 3Y7.77%
Revenue growth 5Y2.94%
Sales Q2Q%5.33%
3.2 Future
ENAV is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 5.82% yearly.
ENAV is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.63% yearly.
EPS Next Y-32.15%
EPS Next 2Y-10.3%
EPS Next 3Y-2.73%
EPS Next 5Y5.82%
Revenue Next Year-1.7%
Revenue Next 2Y1.08%
Revenue Next 3Y1.67%
Revenue Next 5Y2.63%
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. Valuation
4.1 Price/Earnings Ratio
ENAV is valuated rather expensively with a Price/Earnings ratio of 22.60.
Based on the Price/Earnings ratio, ENAV is valued a bit more expensive than the industry average as 66.67% of the companies are valued more cheaply.
ENAV's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.41.
ENAV is valuated rather expensively with a Price/Forward Earnings ratio of 23.20.
ENAV's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. ENAV is more expensive than 66.67% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.88. ENAV is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.6 | ||
| Fwd PE | 23.2 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as ENAV.
Based on the Price/Free Cash Flow ratio, ENAV is valued a bit cheaper than 75.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.58 | ||
| EV/EBITDA | 7.37 |
4.3 Compensation for Growth
ENAV's earnings are expected to decrease with -2.73% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)19.2
EPS Next 2Y-10.3%
EPS Next 3Y-2.73%
5. Dividend
5.1 Amount
ENAV has a Yearly Dividend Yield of 6.38%, which is a nice return.
Compared to an average industry Dividend Yield of 4.28, ENAV pays a better dividend. On top of this ENAV pays more dividend than 83.33% of the companies listed in the same industry.
ENAV's Dividend Yield is rather good when compared to the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.38% |
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-10.3%
EPS Next 3Y-2.73%
BIT:ENAV (9/19/2025, 11:57:16 AM)
4.294
+0.03 (+0.75%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryTransportation Infrastructure
Earnings (Last)
Earnings (Next)
Inst Owners19.49%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap2.33B
Analysts76.92
Price Target4.48 (4.33%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.38% |
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)2.16%
PT rev (3m)3.54%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-26.75%
EPS NY rev (1m)-1.82%
EPS NY rev (3m)-1.82%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-4.34%
Revenue NY rev (1m)0.87%
Revenue NY rev (3m)-1.7%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.6 | ||
| Fwd PE | 23.2 | ||
| P/S | 1.6 | ||
| P/FCF | 12.58 | ||
| P/OCF | 7.57 | ||
| P/B | 2.14 | ||
| P/tB | 2.59 | ||
| EV/EBITDA | 7.37 |
EPS(TTM)0.19
EY4.42%
EPS(NY)0.19
Fwd EY4.31%
FCF(TTM)0.34
FCFY7.95%
OCF(TTM)0.57
OCFY13.21%
SpS2.69
BVpS2.01
TBVpS1.66
PEG (NY)N/A
PEG (5Y)19.2
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
ROICexcg growth 3YN/A
ROICexcg 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 | 2.57 |
F-Score5
WACC8.14%
ROIC/WACC1.34
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)-13.64%
EPS 3Y17.06%
EPS 5Y1.18%
EPS Q2Q%-25%
EPS Next Y-32.15%
EPS Next 2Y-10.3%
EPS Next 3Y-2.73%
EPS Next 5Y5.82%
Revenue 1Y (TTM)-0.6%
Revenue growth 3Y7.77%
Revenue growth 5Y2.94%
Sales Q2Q%5.33%
Revenue Next Year-1.7%
Revenue Next 2Y1.08%
Revenue Next 3Y1.67%
Revenue Next 5Y2.63%
EBIT growth 1Y-14.23%
EBIT growth 3Y23.96%
EBIT growth 5Y1.86%
EBIT Next Year24.45%
EBIT Next 3Y15.54%
EBIT Next 5Y12.63%
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%