ENI SPA (ENI.DE) Fundamental Analysis & Valuation
FRA:ENI • IT0003132476
Current stock price
23.205 EUR
+0.27 (+1.18%)
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.
- ENI had a positive operating cash flow in the past year.
- 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
- Looking at the Return On Assets, with a value of 3.34%, ENI is in line with its industry, outperforming 44.00% of the companies in the same industry.
- ENI's Return On Equity of 9.56% is in line compared to the rest of the industry. ENI outperforms 48.00% of its industry peers.
- The Return On Invested Capital of ENI (4.39%) is worse than 65.33% of its industry peers.
- 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 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)4.97%
1.3 Margins
- The Profit Margin of ENI (3.67%) is worse than 66.67% of its industry peers.
- ENI's Profit Margin has declined in the last couple of years.
- The Operating Margin of ENI (8.39%) is worse than 69.33% of its industry peers.
- ENI's Operating Margin has improved in the last couple of years.
- ENI has a Gross Margin of 27.10%. This is in the lower half of the industry: ENI underperforms 68.00% of its industry peers.
- 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.
- The number of shares outstanding for ENI has been reduced compared to 1 year ago.
- Compared to 5 years ago, ENI has less shares outstanding
- The debt/assets ratio for ENI has been reduced compared to a year ago.
2.2 Solvency
- ENI has an Altman-Z score of 2.07. 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 (2.07) which is in line with 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.
- The Debt to FCF ratio of ENI (8.34) is comparable to the rest of the industry.
- ENI has a Debt/Equity ratio of 0.62. This is a neutral value indicating ENI is somewhat dependend on debt financing.
- With a Debt to Equity ratio value of 0.62, ENI is not doing good in the industry: 60.00% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 8.34 | ||
| Altman-Z | 2.07 |
ROIC/WACC0.73
WACC6.01%
2.3 Liquidity
- A Current Ratio of 1.19 indicates that ENI should not have too much problems paying its short term obligations.
- ENI's Current ratio of 1.19 is on the low side compared to the rest of the industry. ENI is outperformed by 61.33% of its industry peers.
- ENI has a Quick Ratio of 1.04. This is a normal value and indicates that ENI is financially healthy and should not expect problems in meeting its short term obligations.
- The Quick ratio of ENI (1.04) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.19 | ||
| Quick Ratio | 1.04 |
3. ENI.DE Growth Analysis
3.1 Past
- ENI shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -1.85%.
- ENI shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -25.07% yearly.
- ENI shows a decrease in Revenue. In the last year, the revenue decreased by -5.64%.
- The Revenue has been growing by 13.31% on average over the past years. This is quite good.
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
- The Earnings Per Share is expected to grow by 10.12% on average over the next years. This is quite good.
- 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
- 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
- A Price/Earnings ratio of 14.59 indicates a correct valuation of ENI.
- Based on the Price/Earnings ratio, ENI is valued a bit cheaper than 69.33% of the companies in the same industry.
- The average S&P500 Price/Earnings ratio is at 27.47. ENI is valued slightly cheaper when compared to this.
- Based on the Price/Forward Earnings ratio of 10.91, the valuation of ENI can be described as reasonable.
- Based on the Price/Forward Earnings ratio, ENI is valued a bit cheaper than the industry average as 69.33% of the companies are valued more expensively.
- The average S&P500 Price/Forward Earnings ratio is at 22.62. ENI is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.59 | ||
| Fwd PE | 10.91 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, ENI is valued cheaper than 81.33% of the companies in the same industry.
- ENI's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.13 | ||
| EV/EBITDA | 4.3 |
4.3 Compensation for Growth
- ENI's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- A more expensive valuation may be justified as ENI's earnings are expected to grow with 12.21% in the coming years.
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.
- Compared to an average industry Dividend Yield of 4.48, ENI pays a bit more dividend than its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.81, ENI pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.49% |
5.2 History
- On average, the dividend of ENI grows each year by 13.15%, which is quite nice.
Dividend Growth(5Y)13.15%
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 2Y14.62%
EPS Next 3Y12.21%
ENI.DE Fundamentals: All Metrics, Ratios and Statistics
FRA:ENI (4/23/2026, 7:00:00 PM)
23.205
+0.27 (+1.18%)
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 Cap70.26B
Revenue(TTM)124.92B
Net Income(TTM)4.58B
Analysts69.03
Price Target23.95 (3.21%)
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 | 14.59 | ||
| Fwd PE | 10.91 | ||
| P/S | 0.56 | ||
| P/FCF | 17.13 | ||
| P/OCF | 5.27 | ||
| P/B | 1.47 | ||
| P/tB | 1.68 | ||
| EV/EBITDA | 4.3 |
EPS(TTM)1.59
EY6.85%
EPS(NY)2.13
Fwd EY9.17%
FCF(TTM)1.35
FCFY5.84%
OCF(TTM)4.4
OCFY18.97%
SpS41.26
BVpS15.83
TBVpS13.84
PEG (NY)0.43
PEG (5Y)N/A
Graham Number23.7992 (2.56%)
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 | 2.07 |
F-Score8
WACC6.01%
ROIC/WACC0.73
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.