ENI SPA (ENI.DE) Stock Fundamental Analysis

FRA:ENI • IT0003132476

18.88 EUR
+0.13 (+0.68%)
Last: Feb 25, 2026, 03:38 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. Both the profitability and financial health of ENI have multiple concerns. ENI is valued correctly, 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

  • ENI had positive earnings in the past year.
  • In the past year ENI had a positive cash flow from operations.
  • Of the past 5 years ENI 4 years were profitable.
  • ENI had a positive operating cash flow in each of the past 5 years.
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

  • With a Return On Assets value of 3.29%, ENI perfoms like the industry average, outperforming 45.71% of the companies in the same industry.
  • ENI has a Return On Equity of 9.02%. This is comparable to the rest of the industry: ENI outperforms 48.57% 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.
  • ENI had an Average Return On Invested Capital over the past 3 years of 5.33%. This 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

  • Looking at the Profit Margin, with a value of 3.46%, ENI is doing worse than 65.71% of the companies in the same industry.
  • ENI's Profit Margin has improved in the last couple of years.
  • The Operating Margin of ENI (8.45%) is worse than 70.00% of its industry peers.
  • ENI's Operating Margin has declined in the last couple of years.
  • With a Gross Margin value of 32.24%, ENI is not doing good in the industry: 65.71% of the companies in the same industry are doing better.
  • ENI's Gross Margin has declined in the last couple of years.
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

More info and screens

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.
  • The number of shares outstanding for ENI has been reduced compared to 1 year ago.
  • The number of shares outstanding for ENI has been reduced compared to 5 years ago.
  • ENI has a worse debt/assets ratio than last year.
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 has a Altman-Z score of 1.93. This is comparable to the rest of the industry: ENI outperforms 51.43% of its industry peers.
  • 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.
  • ENI has a Debt to FCF ratio (8.83) which is comparable to the rest of the industry.
  • ENI has a Debt/Equity ratio of 0.61. This is a neutral value indicating 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
WACC4.97%
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

  • ENI has a Current Ratio of 1.16. This is a normal value and indicates that ENI is financially healthy and should not expect problems in meeting its short term obligations.
  • With a Current ratio value of 1.16, ENI is not doing good in the industry: 64.29% of the companies in the same industry are doing better.
  • ENI has a Quick Ratio of 1.16. This is a bad value and indicates that ENI is not financially healthy enough and could expect problems in meeting its short term obligations.
  • ENI has a Quick ratio of 0.98. This is in the lower half of the industry: ENI underperforms 60.00% of its industry peers.
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

More info and screens

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

3

3. Growth

3.1 Past

  • ENI shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -19.67%.
  • 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%.
  • Measured over the past years, ENI shows a small growth in Revenue. The Revenue has been growing by 4.91% on average per year.
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

  • ENI is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 5.67% yearly.
  • 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

  • The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
  • 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.
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

More info and screens

Find the best growth stocksShow best growing peers

6

4. Valuation

4.1 Price/Earnings Ratio

  • ENI is valuated correctly with a Price/Earnings ratio of 12.84.
  • Based on the Price/Earnings ratio, ENI is valued a bit cheaper than the industry average as 70.00% of the companies are valued more expensively.
  • When comparing the Price/Earnings ratio of ENI to the average of the S&P500 Index (26.98), we can say ENI is valued rather cheaply.
  • Based on the Price/Forward Earnings ratio of 12.12, the valuation of ENI can be described as correct.
  • 68.57% 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 rather cheap valuation when compared to the S&P500 average which is at 28.01.
Industry RankSector Rank
PE 12.84
Fwd PE 12.12
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

  • ENI's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. ENI is cheaper than 92.86% of the companies in the same industry.
  • Based on the Price/Free Cash Flow ratio, ENI is valued cheaper than 88.57% of the companies in the same industry.
Industry RankSector Rank
P/FCF 7.1
EV/EBITDA 1.85
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)0.86
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.
  • ENI's Dividend Yield is rather good when compared to the industry average which is at 5.34. ENI pays more dividend than 85.71% of the companies in the same industry.
  • ENI's Dividend Yield is rather good when compared to the S&P500 average which is at 1.81.
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

More info and screens

Find the best dividend stocksShow peers with best dividend

ENI SPA

FRA:ENI (2/25/2026, 3:38:57 PM)

18.88

+0.13 (+0.68%)

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 Cap27.86B
Revenue(TTM)128.25B
Net Income(TTM)4.44B
Analysts68.67
Price Target17.03 (-9.8%)
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 12.84
Fwd PE 12.12
P/S 0.22
P/FCF 7.1
P/OCF 2.21
P/B 0.57
P/tB 0.64
EV/EBITDA 1.85
EPS(TTM)1.47
EY7.79%
EPS(NY)1.56
Fwd EY8.25%
FCF(TTM)2.66
FCFY14.09%
OCF(TTM)8.54
OCFY45.22%
SpS86.9
BVpS33.37
TBVpS29.29
PEG (NY)N/A
PEG (5Y)0.86
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
WACC4.97%
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%.