ENI SPA (ENI.DE) Fundamental Analysis & Valuation
FRA:ENI • IT0003132476
Current stock price
23.075 EUR
+0.67 (+2.99%)
Last:
This ENI.DE fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. ENI.DE Profitability Analysis
1.1 Basic Checks
- ENI had positive earnings in the past year.
- In the past year ENI had a positive cash flow from operations.
- Each year in the past 5 years ENI has been profitable.
- Each year in the past 5 years ENI had a positive operating cash flow.
1.2 Ratios
- ENI has a Return On Assets (3.34%) which is comparable to the rest of the industry.
- ENI has a Return On Equity of 9.56%. This is comparable to the rest of the industry: ENI outperforms 46.67% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 4.39%, ENI is doing worse than 65.33% of the companies in the same industry.
- ENI had an Average Return On Invested Capital over the past 3 years of 3.57%. This is significantly below the industry average of 9.33%.
- The 3 year average ROIC (3.57%) for ENI is below the current ROIC(4.39%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.34% | ||
| ROE | 9.56% | ||
| ROIC | 4.39% |
ROA(3y)2.34%
ROA(5y)4.08%
ROE(3y)6.46%
ROE(5y)11.57%
ROIC(3y)3.57%
ROIC(5y)4.97%
1.3 Margins
- ENI has a worse Profit Margin (3.67%) than 68.00% of its industry peers.
- ENI's Profit Margin has declined in the last couple of years.
- ENI has a worse Operating Margin (8.39%) than 70.67% of its industry peers.
- In the last couple of years the Operating Margin of ENI has grown nicely.
- With a Gross Margin value of 27.10%, ENI is not doing good in the industry: 69.33% of the companies in the same industry are doing better.
- In the last couple of years the Gross Margin of ENI has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.39% | ||
| PM (TTM) | 3.67% | ||
| GM | 27.1% |
OM growth 3Y-17.84%
OM growth 5Y59.14%
PM growth 3Y-32.84%
PM growth 5YN/A
GM growth 3Y-13.82%
GM growth 5Y-14.97%
2. ENI.DE Health Analysis
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ENI is destroying value.
- ENI has less shares outstanding than it did 1 year ago.
- ENI has less shares outstanding than it did 5 years ago.
- The debt/assets ratio for ENI has been reduced compared to a year ago.
2.2 Solvency
- ENI has an Altman-Z score of 2.05. 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.
- ENI has a Altman-Z score (2.05) which is in line with its industry peers.
- ENI has a debt to FCF ratio of 8.34. This is a slightly negative value and a sign of low solvency as ENI would need 8.34 years to pay back of all of its debts.
- ENI's Debt to FCF ratio of 8.34 is in line compared to the rest of the industry. ENI outperforms 41.33% of its industry peers.
- ENI has a Debt/Equity ratio of 0.62. This is a neutral value indicating ENI is somewhat dependend on debt financing.
- ENI has a worse Debt to Equity ratio (0.62) than 60.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 8.34 | ||
| Altman-Z | 2.05 |
ROIC/WACC0.74
WACC5.96%
2.3 Liquidity
- A Current Ratio of 1.19 indicates that ENI should not have too much problems paying its short term obligations.
- ENI has a Current ratio of 1.19. This is in the lower half of the industry: ENI underperforms 61.33% of its industry peers.
- A Quick Ratio of 1.04 indicates that ENI should not have too much problems paying its short term obligations.
- ENI's Quick ratio of 1.04 is in line compared to the rest of the industry. ENI outperforms 49.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.19 | ||
| Quick Ratio | 1.04 |
3. ENI.DE Growth Analysis
3.1 Past
- The earnings per share for ENI have decreased by -1.85% in the last year.
- The earnings per share for ENI have been decreasing by -25.07% on average. This is quite bad
- ENI shows a decrease in Revenue. In the last year, the revenue decreased by -5.64%.
- Measured over the past years, ENI shows a quite strong growth in Revenue. The Revenue has been growing by 13.31% on average per year.
EPS 1Y (TTM)-1.85%
EPS 3Y-25.07%
EPS 5YN/A
EPS Q2Q%42.86%
Revenue 1Y (TTM)-5.64%
Revenue growth 3Y-14.73%
Revenue growth 5Y13.31%
Sales Q2Q%-12.41%
3.2 Future
- Based on estimates for the next years, ENI will show a quite strong growth in Earnings Per Share. The EPS will grow by 10.12% on average per year.
- Based on estimates for the next years, ENI will show a small growth in Revenue. The Revenue will grow by 1.89% on average per year.
EPS Next Y33.78%
EPS Next 2Y14.62%
EPS Next 3Y12.21%
EPS Next 5Y10.12%
Revenue Next Year11.77%
Revenue Next 2Y3%
Revenue Next 3Y2.77%
Revenue Next 5Y1.89%
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 decreasing.
4. ENI.DE Valuation Analysis
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 14.51, the valuation of ENI can be described as correct.
- Based on the Price/Earnings ratio, ENI is valued a bit cheaper than 73.33% of the companies in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 27.71, ENI is valued a bit cheaper.
- ENI is valuated reasonably with a Price/Forward Earnings ratio of 10.85.
- ENI's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. ENI is cheaper than 70.67% of the companies in the same industry.
- ENI is valuated cheaply when we compare the Price/Forward Earnings ratio to 38.09, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.51 | ||
| Fwd PE | 10.85 |
4.2 Price Multiples
- 82.67% of the companies in the same industry are more expensive than ENI, based on the Enterprise Value to EBITDA ratio.
- ENI's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.04 | ||
| EV/EBITDA | 4.21 |
4.3 Compensation for Growth
- The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- ENI's earnings are expected to grow with 12.21% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.43
PEG (5Y)N/A
EPS Next 2Y14.62%
EPS Next 3Y12.21%
5. ENI.DE Dividend Analysis
5.1 Amount
- ENI has a Yearly Dividend Yield of 4.49%, which is a nice return.
- ENI's Dividend Yield is a higher than the industry average which is at 4.48.
- ENI's Dividend Yield is rather good when compared to the S&P500 average which is at 1.81.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.49% |
5.2 History
- The dividend of ENI is nicely growing with an annual growth rate of 13.15%!
Dividend Growth(5Y)13.15%
Div Incr Years5
Div Non Decr Years5
5.3 Sustainability
- 67.20% of the earnings are spent on dividend by ENI. This is not a sustainable payout ratio.
- ENI's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP67.2%
EPS Next 2Y14.62%
EPS Next 3Y12.21%
ENI.DE Fundamentals: All Metrics, Ratios and Statistics
FRA:ENI (4/22/2026, 10:33:02 AM)
23.075
+0.67 (+2.99%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)03-04 2026-03-04/dmh
Earnings (Next)04-24 2026-04-24/bmo
Inst Owners20.56%
Inst Owner ChangeN/A
Ins Owners3.22%
Ins Owner ChangeN/A
Market Cap69.87B
Revenue(TTM)124.92B
Net Income(TTM)4.58B
Analysts69.03
Price Target23.95 (3.79%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.49% |
Yearly Dividend1.02
Dividend Growth(5Y)13.15%
DP67.2%
Div Incr Years5
Div Non Decr Years5
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)15.84%
Min EPS beat(2)15.48%
Max EPS beat(2)16.2%
EPS beat(4)4
Avg EPS beat(4)17%
Min EPS beat(4)14%
Max EPS beat(4)22.32%
EPS beat(8)6
Avg EPS beat(8)9.02%
EPS beat(12)9
Avg EPS beat(12)8.74%
EPS beat(16)12
Avg EPS beat(16)9.34%
Revenue beat(2)2
Avg Revenue beat(2)4.47%
Min Revenue beat(2)1.61%
Max Revenue beat(2)7.32%
Revenue beat(4)2
Avg Revenue beat(4)-1.32%
Min Revenue beat(4)-8.64%
Max Revenue beat(4)7.32%
Revenue beat(8)3
Avg Revenue beat(8)-3.18%
Revenue beat(12)3
Avg Revenue beat(12)-9.81%
Revenue beat(16)7
Avg Revenue beat(16)15.75%
PT rev (1m)39.61%
PT rev (3m)41.85%
EPS NQ rev (1m)11.33%
EPS NQ rev (3m)39.25%
EPS NY rev (1m)35.68%
EPS NY rev (3m)35.4%
Revenue NQ rev (1m)2.03%
Revenue NQ rev (3m)23.65%
Revenue NY rev (1m)13.1%
Revenue NY rev (3m)11.76%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.51 | ||
| Fwd PE | 10.85 | ||
| P/S | 0.56 | ||
| P/FCF | 17.04 | ||
| P/OCF | 5.24 | ||
| P/B | 1.46 | ||
| P/tB | 1.67 | ||
| EV/EBITDA | 4.21 |
EPS(TTM)1.59
EY6.89%
EPS(NY)2.13
Fwd EY9.22%
FCF(TTM)1.35
FCFY5.87%
OCF(TTM)4.4
OCFY19.08%
SpS41.26
BVpS15.83
TBVpS13.84
PEG (NY)0.43
PEG (5Y)N/A
Graham Number23.7992 (3.14%)
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.34% | ||
| ROE | 9.56% | ||
| ROCE | 10.19% | ||
| ROIC | 4.39% | ||
| ROICexc | 5.11% | ||
| ROICexgc | 5.46% | ||
| OM | 8.39% | ||
| PM (TTM) | 3.67% | ||
| GM | 27.1% | ||
| FCFM | 3.28% |
ROA(3y)2.34%
ROA(5y)4.08%
ROE(3y)6.46%
ROE(5y)11.57%
ROIC(3y)3.57%
ROIC(5y)4.97%
ROICexc(3y)4.16%
ROICexc(5y)5.88%
ROICexgc(3y)4.45%
ROICexgc(5y)6.27%
ROCE(3y)8.22%
ROCE(5y)11.43%
ROICexgc growth 3Y-30.67%
ROICexgc growth 5Y73.28%
ROICexc growth 3Y-30.75%
ROICexc growth 5Y72.36%
OM growth 3Y-17.84%
OM growth 5Y59.14%
PM growth 3Y-32.84%
PM growth 5YN/A
GM growth 3Y-13.82%
GM growth 5Y-14.97%
F-Score8
Asset Turnover0.91
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 8.34 | ||
| Debt/EBITDA | 1.65 | ||
| Cap/Depr | 125.58% | ||
| Cap/Sales | 7.39% | ||
| Interest Coverage | 6.64 | ||
| Cash Conversion | 74.77% | ||
| Profit Quality | 89.48% | ||
| Current Ratio | 1.19 | ||
| Quick Ratio | 1.04 | ||
| Altman-Z | 2.05 |
F-Score8
WACC5.96%
ROIC/WACC0.74
Cap/Depr(3y)120.17%
Cap/Depr(5y)109.3%
Cap/Sales(3y)10.21%
Cap/Sales(5y)8.71%
Profit Quality(3y)152.13%
Profit Quality(5y)131.01%
High Growth Momentum
Growth
EPS 1Y (TTM)-1.85%
EPS 3Y-25.07%
EPS 5YN/A
EPS Q2Q%42.86%
EPS Next Y33.78%
EPS Next 2Y14.62%
EPS Next 3Y12.21%
EPS Next 5Y10.12%
Revenue 1Y (TTM)-5.64%
Revenue growth 3Y-14.73%
Revenue growth 5Y13.31%
Sales Q2Q%-12.41%
Revenue Next Year11.77%
Revenue Next 2Y3%
Revenue Next 3Y2.77%
Revenue Next 5Y1.89%
EBIT growth 1Y-20.31%
EBIT growth 3Y-29.94%
EBIT growth 5Y80.32%
EBIT Next Year106.35%
EBIT Next 3Y27.98%
EBIT Next 5Y22.5%
FCF growth 1Y-10.89%
FCF growth 3Y-24.16%
FCF growth 5Y87.28%
OCF growth 1Y1.82%
OCF growth 3Y-8.6%
OCF growth 5Y22.55%
ENI SPA / ENI.DE Fundamental Analysis 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.
What is the profitability of ENI stock?
ENI SPA (ENI.DE) has a profitability rating of 4 / 10.
Can you provide the financial health for ENI stock?
The financial health rating of ENI SPA (ENI.DE) is 4 / 10.
What is the earnings growth outlook for ENI SPA?
The Earnings per Share (EPS) of ENI SPA (ENI.DE) is expected to grow by 33.78% in the next year.