ENI SPA (ENI.DE) Fundamental Analysis & Valuation
FRA:ENI • IT0003132476
Current stock price
22.945 EUR
-0.26 (-1.12%)
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 has a Return On Assets (3.34%) which is in line with its industry peers.
- 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.
- With a Return On Invested Capital value of 4.39%, ENI is not doing good in the industry: 65.33% of the companies in the same industry are doing better.
- Measured over the past 3 years, the Average Return On Invested Capital for ENI 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.
- ENI's Operating Margin of 8.39% is on the low side compared to the rest of the industry. ENI is outperformed by 69.33% 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: 68.00% 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
- 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.
- 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
- An Altman-Z score of 2.07 indicates that ENI is not a great score, but indicates only limited risk for bankruptcy at the moment.
- ENI's Altman-Z score of 2.07 is in line compared to the rest of the industry. ENI outperforms 50.67% of 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 has a Debt to FCF ratio (8.34) which is comparable to the rest of the industry.
- A Debt/Equity ratio of 0.62 indicates that ENI is somewhat dependend on debt financing.
- ENI's Debt to Equity ratio of 0.62 is on the low side compared to the rest of the industry. ENI is outperformed by 60.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 8.34 | ||
| Altman-Z | 2.07 |
ROIC/WACC0.73
WACC5.99%
2.3 Liquidity
- A Current Ratio of 1.19 indicates that ENI should not have too much problems paying its short term obligations.
- The Current ratio of ENI (1.19) is worse than 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.
- Looking at the Quick ratio, with a value of 1.04, ENI is in line with its industry, outperforming 49.33% of the companies in the same 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%.
- 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.
- ENI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.89% yearly.
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
- The Price/Earnings ratio is 14.43, which indicates a correct valuation of ENI.
- Compared to the rest of the industry, the Price/Earnings ratio of ENI indicates a somewhat cheap valuation: ENI is cheaper than 69.33% of the companies listed in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 27.42, ENI is valued a bit cheaper.
- The Price/Forward Earnings ratio is 10.79, which indicates a very decent valuation of ENI.
- 69.33% of the companies in the same industry are more expensive than ENI, based on the Price/Forward Earnings ratio.
- ENI is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.24, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.43 | ||
| Fwd PE | 10.79 |
4.2 Price Multiples
- 81.33% of the companies in the same industry are more expensive than ENI, based on the Enterprise Value to EBITDA ratio.
- The rest of the industry has a similar Price/Free Cash Flow ratio as ENI.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.94 | ||
| EV/EBITDA | 4.34 |
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.
- 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
- With a Yearly Dividend Yield of 4.52%, ENI is a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 4.49, ENI pays a bit more dividend than its industry peers.
- 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 | 4.52% |
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 (4/24/2026, 7:00:00 PM)
22.945
-0.26 (-1.12%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)04-24 2026-04-24/bmo
Earnings (Next)07-29 2026-07-29/bmo
Inst Owners20.56%
Inst Owner ChangeN/A
Ins Owners3.22%
Ins Owner ChangeN/A
Market Cap69.48B
Revenue(TTM)124.92B
Net Income(TTM)4.58B
Analysts69.03
Price Target23.95 (4.38%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.52% |
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 | 14.43 | ||
| Fwd PE | 10.79 | ||
| P/S | 0.56 | ||
| P/FCF | 16.94 | ||
| P/OCF | 5.21 | ||
| P/B | 1.45 | ||
| P/tB | 1.66 | ||
| EV/EBITDA | 4.34 |
EPS(TTM)1.59
EY6.93%
EPS(NY)2.13
Fwd EY9.27%
FCF(TTM)1.35
FCFY5.9%
OCF(TTM)4.4
OCFY19.19%
SpS41.26
BVpS15.83
TBVpS13.84
PEG (NY)0.43
PEG (5Y)N/A
Graham Number23.7992 (3.72%)
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
WACC5.99%
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.