ENI SPA (ENI.DE) Stock Fundamental Analysis

FRA:ENI • IT0003132476

18.58 EUR
-0.06 (-0.33%)
Last: Feb 20, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership
Fundamental Rating

4

Overall ENI gets a fundamental rating of 4 out of 10. We evaluated ENI against 70 industry peers in the Oil, Gas & Consumable Fuels industry. ENI has a bad profitability rating. Also its financial health evaluation is rather negative. ENI has a valuation in line with the averages, but it does not seem to be growing. ENI also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

3

1. Profitability

1.1 Basic Checks

  • In the past year ENI was profitable.
  • ENI had a positive operating cash flow in the past year.
  • ENI had positive earnings in 4 of the past 5 years.
  • In the past 5 years ENI always reported a positive cash flow from operatings.
ENI.DE Yearly Net Income VS EBIT VS OCF VS FCFENI.DE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5B -5B 10B 15B

1.2 Ratios

  • ENI has a Return On Assets (3.29%) which is in line with its industry peers.
  • ENI's Return On Equity of 9.02% is in line compared to the rest of the industry. ENI outperforms 47.14% of its industry peers.
  • With a Return On Invested Capital value of 4.56%, ENI is not doing good in the industry: 61.43% of the companies in the same industry are doing better.
  • The Average Return On Invested Capital over the past 3 years for ENI is below the industry average of 9.02%.
Industry RankSector 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%
ENI.DE Yearly ROA, ROE, ROICENI.DE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 -10 20 -20

1.3 Margins

  • With a Profit Margin value of 3.46%, ENI is not doing good in the industry: 67.14% of the companies in the same industry are doing better.
  • In the last couple of years the Profit Margin of ENI has grown nicely.
  • ENI's Operating Margin of 8.45% is on the low side compared to the rest of the industry. ENI is outperformed by 71.43% of its industry peers.
  • In the last couple of years the Operating Margin of ENI has declined.
  • ENI has a Gross Margin of 32.24%. This is in the lower half of the industry: ENI underperforms 67.14% of its industry peers.
  • In the last couple of years the Gross Margin of ENI has declined.
Industry RankSector 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%
ENI.DE Yearly Profit, Operating, Gross MarginsENI.DE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 40

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ROAROEROICOperating and Profit MarginShow most profitable peers

3

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.
  • Compared to 1 year ago, ENI has less shares outstanding
  • Compared to 5 years ago, ENI has less shares outstanding
  • Compared to 1 year ago, ENI has a worse debt to assets ratio.
ENI.DE Yearly Shares OutstandingENI.DE Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B
ENI.DE Yearly Total Debt VS Total AssetsENI.DE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 50B 100B 150B

2.2 Solvency

  • ENI has an Altman-Z score of 1.93. 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 1.93 is in line compared to the rest of the industry. ENI outperforms 52.86% of its industry peers.
  • ENI has a debt to FCF ratio of 8.83. This is a slightly negative value and a sign of low solvency as ENI would need 8.83 years to pay back of 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 41.43% of the companies in the same industry.
  • A Debt/Equity ratio of 0.61 indicates that ENI is somewhat dependend on debt financing.
  • ENI has a Debt to Equity ratio (0.61) which is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.61
Debt/FCF 8.83
Altman-Z 1.93
ROIC/WACC0.92
WACC4.96%
ENI.DE Yearly LT Debt VS Equity VS FCFENI.DE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10B 20B 30B 40B 50B

2.3 Liquidity

  • A Current Ratio of 1.16 indicates that ENI should not have too much problems paying its short term obligations.
  • The Current ratio of ENI (1.16) is worse than 64.29% of its industry peers.
  • A Quick Ratio of 0.98 indicates that ENI may have some problems paying its short term obligations.
  • Looking at the Quick ratio, with a value of 0.98, ENI is doing worse than 60.00% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.16
Quick Ratio 0.98
ENI.DE Yearly Current Assets VS Current LiabilitesENI.DE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 20B 40B 60B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

3

3. Growth

3.1 Past

  • The earnings per share for ENI have decreased strongly by -19.67% in the last year.
  • ENI shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 14.87% yearly.
  • ENI shows a decrease in Revenue. In the last year, the revenue decreased by -5.13%.
  • The Revenue has been growing slightly by 4.91% on average over the past years.
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

  • The Earnings Per Share is expected to grow by 5.67% on average over the next years.
  • Based on estimates for the next years, ENI will show a small growth in Revenue. The Revenue will grow by 0.87% on average per year.
EPS Next Y-3.46%
EPS Next 2Y-1.95%
EPS Next 3Y4.3%
EPS Next 5Y5.67%
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.
ENI.DE Yearly Revenue VS EstimatesENI.DE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 20B 40B 60B 80B 100B
ENI.DE Yearly EPS VS EstimatesENI.DE Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 1 2 3

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Find the best growth stocksShow best growing peers

6

4. Valuation

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 12.64, ENI is valued correctly.
  • Based on the Price/Earnings ratio, ENI is valued a bit cheaper than the industry average as 68.57% of the companies are valued more expensively.
  • ENI is valuated cheaply when we compare the Price/Earnings ratio to 26.99, which is the current average of the S&P500 Index.
  • With a Price/Forward Earnings ratio of 11.93, the valuation of ENI can be described as very reasonable.
  • Based on the Price/Forward Earnings ratio, ENI is valued a bit cheaper than 67.14% of the companies in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 28.02. ENI is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 12.64
Fwd PE 11.93
ENI.DE Price Earnings VS Forward Price EarningsENI.DE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, ENI is valued cheaper than 92.86% of the companies in the same industry.
  • 87.14% of the companies in the same industry are more expensive than ENI, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 6.99
EV/EBITDA 1.84
ENI.DE Per share dataENI.DE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60 80

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)0.85
EPS Next 2Y-1.95%
EPS Next 3Y4.3%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

7

5. Dividend

5.1 Amount

  • ENI has a Yearly Dividend Yield of 5.80%, which is a nice return.
  • Compared to an average industry Dividend Yield of 5.34, ENI pays a better dividend. On top of this ENI pays more dividend than 85.71% of the companies listed in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.81, ENI pays a better dividend.
Industry RankSector Rank
Dividend Yield 5.8%

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
ENI.DE Yearly Dividends per shareENI.DE Yearly Dividends per shareYearly Dividends per share 2018 2019 2020 2021 2022 2023 2024 2025 0.2 0.4 0.6 0.8 1

5.3 Sustainability

  • 69.77% of the earnings are spent on dividend by ENI. This is not a sustainable payout ratio.
  • ENI's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP69.77%
EPS Next 2Y-1.95%
EPS Next 3Y4.3%
ENI.DE Yearly Income VS Free CF VS DividendENI.DE Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5B -5B 10B
ENI.DE Dividend Payout.ENI.DE Dividend Payout, showing the Payout Ratio.ENI.DE Dividend Payout.PayoutRetained Earnings

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ENI SPA

FRA:ENI (2/20/2026, 7:00:00 PM)

18.58

-0.06 (-0.33%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)10-24
Earnings (Next)02-26
Inst Owners19.32%
Inst Owner ChangeN/A
Ins Owners3.1%
Ins Owner ChangeN/A
Market Cap27.42B
Revenue(TTM)128.25B
Net Income(TTM)4.44B
Analysts68.67
Price Target17.03 (-8.34%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 5.8%
Yearly Dividend0.97
Dividend Growth(5Y)2.97%
DP69.77%
Div Incr Years5
Div Non Decr Years5
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)18.9%
Min EPS beat(2)15.48%
Max EPS beat(2)22.32%
EPS beat(4)3
Avg EPS beat(4)10.61%
Min EPS beat(4)-9.34%
Max EPS beat(4)22.32%
EPS beat(8)5
Avg EPS beat(8)6.16%
EPS beat(12)8
Avg EPS beat(12)7.11%
EPS beat(16)12
Avg EPS beat(16)9.28%
Revenue beat(2)1
Avg Revenue beat(2)-1.97%
Min Revenue beat(2)-5.56%
Max Revenue beat(2)1.61%
Revenue beat(4)2
Avg Revenue beat(4)1.69%
Min Revenue beat(4)-8.64%
Max Revenue beat(4)19.36%
Revenue beat(8)2
Avg Revenue beat(8)-6.25%
Revenue beat(12)3
Avg Revenue beat(12)1.35%
Revenue beat(16)7
Avg Revenue beat(16)24%
PT rev (1m)0.86%
PT rev (3m)3.28%
EPS NQ rev (1m)-5.52%
EPS NQ rev (3m)-4.73%
EPS NY rev (1m)0%
EPS NY rev (3m)2.03%
Revenue NQ rev (1m)-0.95%
Revenue NQ rev (3m)-1.69%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.74%
Valuation
Industry RankSector Rank
PE 12.64
Fwd PE 11.93
P/S 0.21
P/FCF 6.99
P/OCF 2.18
P/B 0.56
P/tB 0.63
EV/EBITDA 1.84
EPS(TTM)1.47
EY7.91%
EPS(NY)1.56
Fwd EY8.38%
FCF(TTM)2.66
FCFY14.31%
OCF(TTM)8.54
OCFY45.95%
SpS86.9
BVpS33.37
TBVpS29.29
PEG (NY)N/A
PEG (5Y)0.85
Graham Number33.22
Profitability
Industry RankSector Rank
ROA 3.29%
ROE 9.02%
ROCE 10.72%
ROIC 4.56%
ROICexc 5.34%
ROICexgc 5.72%
OM 8.45%
PM (TTM) 3.46%
GM 32.24%
FCFM 3.06%
ROA(3y)4.75%
ROA(5y)2.12%
ROE(3y)13.1%
ROE(5y)5.86%
ROIC(3y)5.33%
ROIC(5y)4.44%
ROICexc(3y)6.33%
ROICexc(5y)5.26%
ROICexgc(3y)6.76%
ROICexgc(5y)5.61%
ROCE(3y)12.31%
ROCE(5y)10.21%
ROICexgc growth 3Y-17.17%
ROICexgc growth 5Y-2.79%
ROICexc growth 3Y-17.38%
ROICexc growth 5Y-3.38%
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%
F-Score5
Asset Turnover0.95
Health
Industry RankSector Rank
Debt/Equity 0.61
Debt/FCF 8.83
Debt/EBITDA 1.65
Cap/Depr 117.07%
Cap/Sales 6.76%
Interest Coverage 8.45
Cash Conversion 69.06%
Profit Quality 88.36%
Current Ratio 1.16
Quick Ratio 0.98
Altman-Z 1.93
F-Score5
WACC4.96%
ROIC/WACC0.92
Cap/Depr(3y)115.59%
Cap/Depr(5y)96.9%
Cap/Sales(3y)8.49%
Cap/Sales(5y)8.57%
Profit Quality(3y)122.28%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-19.67%
EPS 3Y7.34%
EPS 5Y14.87%
EPS Q2Q%-2.56%
EPS Next Y-3.46%
EPS Next 2Y-1.95%
EPS Next 3Y4.3%
EPS Next 5Y5.67%
Revenue 1Y (TTM)-5.13%
Revenue growth 3Y5.06%
Revenue growth 5Y4.91%
Sales Q2Q%-3.86%
Revenue Next Year-4.55%
Revenue Next 2Y-3.04%
Revenue Next 3Y-0.64%
Revenue Next 5Y0.87%
EBIT growth 1Y-33.43%
EBIT growth 3Y-12.34%
EBIT growth 5Y-0.16%
EBIT Next Year56.27%
EBIT Next 3Y18.96%
EBIT Next 5Y15.72%
FCF growth 1Y-36.91%
FCF growth 3Y-15.49%
FCF growth 5Y2.8%
OCF growth 1Y-18.9%
OCF growth 3Y0.6%
OCF growth 5Y1.12%

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 3 / 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%.