ENI SPA (ENI.DE) Stock Fundamental Analysis
Europe • Frankfurt Stock Exchange • FRA:ENI • IT0003132476
17.172 EUR
-0.22 (-1.29%)
Last: Jan 30, 2026, 12:30 PM
Taking everything into account, ENI scores 4 out of 10 in our fundamental rating. ENI was compared to 71 industry peers in the Oil, Gas & Consumable Fuels industry. While ENI seems to be doing ok healthwise, there are quite some concerns on its profitability. ENI has a valuation in line with the averages, but on the other hand it scores bad on growth. ENI also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
- In the past year ENI was profitable.
- ENI had a positive operating cash flow in the past year.
- Of the past 5 years ENI 4 years were profitable.
- In the past 5 years ENI always reported a positive cash flow from operatings.
1.2 Ratios
- ENI has a Return On Assets (3.29%) which is comparable to the rest of the industry.
- ENI has a Return On Equity of 9.02%. This is comparable to the rest of the industry: ENI outperforms 53.52% of its industry peers.
- ENI has a Return On Invested Capital of 4.56%. This is in the lower half of the industry: ENI underperforms 64.79% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for ENI is below the industry average of 8.91%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.29% | ||
| ROE | 9.02% | ||
| ROIC | 4.56% |
ROA(3y)4.75%
ROA(5y)2.12%
ROE(3y)13.1%
ROE(5y)5.86%
ROIC(3y)5.33%
ROIC(5y)4.44%
1.3 Margins
- With a Profit Margin value of 3.46%, ENI is not doing good in the industry: 67.61% of the companies in the same industry are doing better.
- In the last couple of years the Profit Margin of ENI has grown nicely.
- With a Operating Margin value of 8.45%, ENI is not doing good in the industry: 71.83% of the companies in the same industry are doing better.
- ENI's Operating Margin has declined in the last couple of years.
- Looking at the Gross Margin, with a value of 32.24%, ENI is doing worse than 67.61% of the companies in the same industry.
- In the last couple of years the Gross Margin of ENI has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.45% | ||
| PM (TTM) | 3.46% | ||
| GM | 32.24% |
OM growth 3Y-16.57%
OM growth 5Y-4.83%
PM growth 3Y-27.02%
PM growth 5Y69.41%
GM growth 3Y-5.64%
GM growth 5Y-4.03%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), ENI is creating some value.
- ENI has less shares outstanding than it did 1 year ago.
- Compared to 5 years ago, ENI has less shares outstanding
- The debt/assets ratio for ENI is higher compared to a year ago.
2.2 Solvency
- ENI has an Altman-Z score of 1.91. This is not the best score and indicates that ENI is in the grey zone with still only limited risk for bankruptcy at the moment.
- With a Altman-Z score value of 1.91, ENI perfoms like the industry average, outperforming 54.93% of the companies in the same industry.
- The Debt to FCF ratio of ENI is 8.83, which is on the high side as it means it would take ENI, 8.83 years of fcf income to pay off all of its debts.
- Looking at the Debt to FCF ratio, with a value of 8.83, ENI is in line with its industry, outperforming 43.66% of the companies in the same industry.
- A Debt/Equity ratio of 0.61 indicates that ENI is somewhat dependend on debt financing.
- ENI's Debt to Equity ratio of 0.61 is in line compared to the rest of the industry. ENI outperforms 40.85% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.61 | ||
| Debt/FCF | 8.83 | ||
| Altman-Z | 1.91 |
ROIC/WACC0.93
WACC4.88%
2.3 Liquidity
- A Current Ratio of 1.16 indicates that ENI should not have too much problems paying its short term obligations.
- ENI has a Current ratio (1.16) which is comparable to the rest of the industry.
- A Quick Ratio of 0.98 indicates that ENI may have some problems paying its short term obligations.
- ENI's Quick ratio of 0.98 is in line compared to the rest of the industry. ENI outperforms 43.66% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.16 | ||
| Quick Ratio | 0.98 |
3. Growth
3.1 Past
- The earnings per share for ENI have decreased strongly by -19.67% in the last year.
- The Earnings Per Share has been growing by 14.87% on average over the past years. This is quite good.
- The Revenue has decreased by -5.13% in the past year.
- ENI shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.91% yearly.
EPS 1Y (TTM)-19.67%
EPS 3Y7.34%
EPS 5Y14.87%
EPS Q2Q%-2.56%
Revenue 1Y (TTM)-5.13%
Revenue growth 3Y5.06%
Revenue growth 5Y4.91%
Sales Q2Q%-3.86%
3.2 Future
- Based on estimates for the next years, ENI will show a small growth in Earnings Per Share. The EPS will grow by 4.29% on average per year.
- ENI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.87% yearly.
EPS Next Y-3.46%
EPS Next 2Y-1.95%
EPS Next 3Y4.3%
EPS Next 5Y4.29%
Revenue Next Year-4.55%
Revenue Next 2Y-3.04%
Revenue Next 3Y-0.64%
Revenue Next 5Y0.87%
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 decreasing.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 11.68 indicates a reasonable valuation of ENI.
- Compared to the rest of the industry, the Price/Earnings ratio of ENI indicates a somewhat cheap valuation: ENI is cheaper than 73.24% of the companies listed in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 28.39, ENI is valued rather cheaply.
- The Price/Forward Earnings ratio is 11.03, which indicates a very decent valuation of ENI.
- ENI's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. ENI is cheaper than 70.42% of the companies in the same industry.
- ENI's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.72.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.68 | ||
| Fwd PE | 11.03 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, ENI is valued cheaper than 92.96% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, ENI is valued cheaper than 85.92% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.46 | ||
| EV/EBITDA | 1.74 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)0.79
EPS Next 2Y-1.95%
EPS Next 3Y4.3%
5. Dividend
5.1 Amount
- ENI has a Yearly Dividend Yield of 6.38%, which is a nice return.
- Compared to an average industry Dividend Yield of 5.24, ENI pays a better dividend. On top of this ENI pays more dividend than 85.92% of the companies listed in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.82, ENI pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.38% |
5.2 History
- The dividend of ENI has a limited annual growth rate of 2.97%.
Dividend Growth(5Y)2.97%
Div Incr Years5
Div Non Decr Years5
5.3 Sustainability
- ENI pays out 69.77% of its income as dividend. This is not a sustainable payout ratio.
- The dividend of ENI is growing, but earnings are growing more, so the dividend growth is sustainable.
DP69.77%
EPS Next 2Y-1.95%
EPS Next 3Y4.3%
ENI SPA / ENI.DE FAQ
What is the ChartMill fundamental rating of ENI SPA (ENI.DE) stock?
ChartMill assigns a fundamental rating of 4 / 10 to ENI.DE.
What is the valuation status for ENI stock?
ChartMill assigns a valuation rating of 6 / 10 to ENI SPA (ENI.DE). This can be considered as Fairly Valued.
Can you provide the profitability details for ENI SPA?
ENI SPA (ENI.DE) has a profitability rating of 3 / 10.
How financially healthy is ENI SPA?
The financial health rating of ENI SPA (ENI.DE) is 4 / 10.
How sustainable is the dividend of ENI SPA (ENI.DE) stock?
The dividend rating of ENI SPA (ENI.DE) is 7 / 10 and the dividend payout ratio is 69.77%.