ENI SPA (ENI.DE) Fundamental Analysis & Valuation
FRA:ENI • IT0003132476
Current stock price
23.405 EUR
+0.35 (+1.5%)
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.
- ENI had positive earnings in each of the past 5 years.
- Each year in the past 5 years ENI had a positive operating cash flow.
1.2 Ratios
- ENI's Return On Assets of 3.34% is in line compared to the rest of the industry. ENI outperforms 45.12% of its industry peers.
- ENI has a Return On Equity of 9.56%. This is comparable to the rest of the industry: ENI outperforms 48.78% of its industry peers.
- The Return On Invested Capital of ENI (4.39%) is worse than 64.63% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for ENI is significantly below the industry average of 8.92%.
- The last Return On Invested Capital (4.39%) for ENI is above the 3 year average (3.57%), which is a sign of increasing profitability.
| 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)4.98%
1.3 Margins
- The Profit Margin of ENI (3.67%) is worse than 64.63% of its industry peers.
- In the last couple of years the Profit Margin of ENI has declined.
- ENI's Operating Margin of 8.39% is on the low side compared to the rest of the industry. ENI is outperformed by 68.29% of its industry peers.
- ENI's Operating Margin has improved in the last couple of years.
- The Gross Margin of ENI (25.22%) is worse than 71.95% of its industry peers.
- ENI's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.39% | ||
| PM (TTM) | 3.67% | ||
| GM | 25.22% |
OM growth 3Y-17.73%
OM growth 5Y59.26%
PM growth 3Y-32.84%
PM growth 5YN/A
GM growth 3Y-19.15%
GM growth 5Y-18.16%
2. ENI.DE Health Analysis
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), 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.
- Compared to 1 year ago, ENI has an improved debt to assets ratio.
2.2 Solvency
- ENI has an Altman-Z score of 1.90. 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's Altman-Z score of 1.90 is in line compared to the rest of the industry. ENI outperforms 48.78% of its industry peers.
- The Debt to FCF ratio of ENI is 8.34, which is on the high side as it means it would take ENI, 8.34 years of fcf income to pay off all of its debts.
- ENI has a Debt to FCF ratio of 8.34. This is in the lower half of the industry: ENI underperforms 60.98% of its industry peers.
- A Debt/Equity ratio of 0.62 indicates that ENI is somewhat dependend on debt financing.
- With a Debt to Equity ratio value of 0.62, ENI perfoms like the industry average, outperforming 40.24% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 8.34 | ||
| Altman-Z | 1.9 |
ROIC/WACC0.86
WACC5.09%
2.3 Liquidity
- A Current Ratio of 1.17 indicates that ENI should not have too much problems paying its short term obligations.
- Looking at the Current ratio, with a value of 1.17, ENI is doing worse than 60.98% of the companies in the same industry.
- A Quick Ratio of 1.02 indicates that ENI should not have too much problems paying its short term obligations.
- Looking at the Quick ratio, with a value of 1.02, ENI is in line with its industry, outperforming 47.56% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.17 | ||
| Quick Ratio | 1.02 |
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
- Looking at the last year, ENI shows a decrease in Revenue. The Revenue has decreased by -5.64% in the last year.
- 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
- ENI is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 10.12% yearly.
- ENI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.77% yearly.
EPS Next Y-1.4%
EPS Next 2Y6.89%
EPS Next 3Y7.9%
EPS Next 5Y10.12%
Revenue Next Year-1.63%
Revenue Next 2Y1.36%
Revenue Next 3Y2.81%
Revenue Next 5Y1.77%
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. ENI.DE Valuation Analysis
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 14.72, ENI is valued correctly.
- ENI's Price/Earnings ratio is a bit cheaper when compared to the industry. ENI is cheaper than 69.51% of the companies in the same industry.
- The average S&P500 Price/Earnings ratio is at 25.79. ENI is valued slightly cheaper when compared to this.
- With a Price/Forward Earnings ratio of 14.93, ENI is valued correctly.
- 63.41% of the companies in the same industry are more expensive than ENI, based on the Price/Forward Earnings ratio.
- ENI's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.80.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.72 | ||
| Fwd PE | 14.93 |
4.2 Price Multiples
- ENI's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. ENI is cheaper than 95.12% of the companies in the same industry.
- ENI's Price/Free Cash Flow ratio is rather cheap when compared to the industry. ENI is cheaper than 86.59% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.42 | ||
| EV/EBITDA | 2.31 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y6.89%
EPS Next 3Y7.9%
5. ENI.DE Dividend Analysis
5.1 Amount
- ENI has a Yearly Dividend Yield of 4.82%, which is a nice return.
- ENI's Dividend Yield is a higher than the industry average which is at 4.49.
- ENI's Dividend Yield is rather good when compared to the S&P500 average which is at 1.91.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.82% |
5.2 History
- The dividend of ENI is nicely growing with an annual growth rate of 13.14%!
Dividend Growth(5Y)13.14%
Div Incr Years5
Div Non Decr Years5
5.3 Sustainability
- ENI pays out 67.20% of its income as dividend. This is not a sustainable payout ratio.
- The dividend of ENI is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP67.2%
EPS Next 2Y6.89%
EPS Next 3Y7.9%
ENI.DE Fundamentals: All Metrics, Ratios and Statistics
FRA:ENI (3/19/2026, 10:33:10 AM)
23.405
+0.35 (+1.5%)
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 Owners19.58%
Inst Owner ChangeN/A
Ins Owners3.1%
Ins Owner ChangeN/A
Market Cap34.54B
Revenue(TTM)124.92B
Net Income(TTM)4.58B
Analysts69.33
Price Target17.16 (-26.68%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.82% |
Yearly Dividend1.02
Dividend Growth(5Y)13.14%
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)0.73%
PT rev (3m)2.67%
EPS NQ rev (1m)28.33%
EPS NQ rev (3m)10.95%
EPS NY rev (1m)0.65%
EPS NY rev (3m)-1.71%
Revenue NQ rev (1m)19.62%
Revenue NQ rev (3m)12.14%
Revenue NY rev (1m)-1.18%
Revenue NY rev (3m)-3.63%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.72 | ||
| Fwd PE | 14.93 | ||
| P/S | 0.28 | ||
| P/FCF | 8.42 | ||
| P/OCF | 2.59 | ||
| P/B | 0.72 | ||
| P/tB | 0.82 | ||
| EV/EBITDA | 2.31 |
EPS(TTM)1.59
EY6.79%
EPS(NY)1.57
Fwd EY6.7%
FCF(TTM)2.78
FCFY11.87%
OCF(TTM)9.03
OCFY38.59%
SpS84.64
BVpS32.48
TBVpS28.4
PEG (NY)N/A
PEG (5Y)N/A
Graham Number34.09
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 | 25.22% | ||
| 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)4.98%
ROICexc(3y)4.16%
ROICexc(5y)5.88%
ROICexgc(3y)4.46%
ROICexgc(5y)6.27%
ROCE(3y)8.23%
ROCE(5y)11.43%
ROICexgc growth 3Y-30.59%
ROICexgc growth 5Y73.41%
ROICexc growth 3Y-30.67%
ROICexc growth 5Y72.49%
OM growth 3Y-17.73%
OM growth 5Y59.26%
PM growth 3Y-32.84%
PM growth 5YN/A
GM growth 3Y-19.15%
GM growth 5Y-18.16%
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 | 1.17 | ||
| Quick Ratio | 1.02 | ||
| Altman-Z | 1.9 |
F-Score8
WACC5.09%
ROIC/WACC0.86
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 Y-1.4%
EPS Next 2Y6.89%
EPS Next 3Y7.9%
EPS Next 5Y10.12%
Revenue 1Y (TTM)-5.64%
Revenue growth 3Y-14.73%
Revenue growth 5Y13.31%
Sales Q2Q%-12.41%
Revenue Next Year-1.63%
Revenue Next 2Y1.36%
Revenue Next 3Y2.81%
Revenue Next 5Y1.77%
EBIT growth 1Y-20.31%
EBIT growth 3Y-29.85%
EBIT growth 5Y80.45%
EBIT Next Year79.57%
EBIT Next 3Y33.66%
EBIT Next 5Y22.37%
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 5 / 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 4 / 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 6 / 10 and the dividend payout ratio is 67.2%.