ENI SPA (ENI.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:ENI - IT0003132476 - Common Stock
16.918 EUR
+0.14 (+0.81%)
Overall ENI gets a fundamental rating of 4 out of 10. We evaluated ENI against 71 industry peers in the Oil, Gas & Consumable Fuels industry. While ENI seems to be doing ok healthwise, there are quite some concerns on its profitability. ENI is valued correctly, but it does not seem to be growing. Finally ENI also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
- In the past year ENI was profitable.
- ENI had a positive operating cash flow in the past year.
- Of the past 5 years ENI 4 years were profitable.
- In the past 5 years ENI always reported a positive cash flow from operatings.
1.2 Ratios
- With a Return On Assets value of 3.29%, ENI perfoms like the industry average, outperforming 45.07% of the companies in the same industry.
- The Return On Equity of ENI (9.02%) is comparable to the rest of the industry.
- ENI has a worse Return On Invested Capital (4.56%) than 64.79% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for ENI is below the industry average of 8.91%.
| Industry Rank | Sector 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%
1.3 Margins
- The Profit Margin of ENI (3.46%) is worse than 67.61% of its industry peers.
- ENI's Profit Margin has improved in the last couple of years.
- Looking at the Operating Margin, with a value of 8.45%, ENI is doing worse than 71.83% of the companies in the same industry.
- 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 67.61% of its industry peers.
- ENI's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector 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%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so ENI is still creating some value.
- Compared to 1 year ago, ENI has less shares outstanding
- ENI has less shares outstanding than it did 5 years ago.
- The debt/assets ratio for ENI is higher compared to a year ago.
2.2 Solvency
- ENI has an Altman-Z score of 1.91. 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.
- Looking at the Altman-Z score, with a value of 1.91, ENI is in line with its industry, outperforming 54.93% of the companies in the same industry.
- 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's Debt to FCF ratio of 8.83 is in line compared to the rest of the industry. ENI outperforms 43.66% of its industry peers.
- 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 in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.61 | ||
| Debt/FCF | 8.83 | ||
| Altman-Z | 1.91 |
ROIC/WACC0.94
WACC4.84%
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.
- Looking at the Current ratio, with a value of 1.16, ENI is in line with its industry, outperforming 40.85% of the companies in the same industry.
- A Quick Ratio of 0.98 indicates that ENI may have some problems paying its short term obligations.
- With a Quick ratio value of 0.98, ENI perfoms like the industry average, outperforming 43.66% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.16 | ||
| Quick Ratio | 0.98 |
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%.
- ENI shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.91% yearly.
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 4.29% yearly.
- The Revenue is expected to grow by 0.87% on average over the next years.
EPS Next Y-3.46%
EPS Next 2Y-1.95%
EPS Next 3Y4.3%
EPS Next 5Y4.29%
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.
4. Valuation
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 11.51 indicates a reasonable valuation of ENI.
- Based on the Price/Earnings ratio, ENI is valued a bit cheaper than 70.42% of the companies in the same industry.
- The average S&P500 Price/Earnings ratio is at 27.25. ENI is valued rather cheaply when compared to this.
- ENI is valuated reasonably with a Price/Forward Earnings ratio of 10.86.
- Based on the Price/Forward Earnings ratio, ENI is valued a bit cheaper than the industry average as 70.42% of the companies are valued more expensively.
- When comparing the Price/Forward Earnings ratio of ENI to the average of the S&P500 Index (25.98), we can say ENI is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.51 | ||
| Fwd PE | 10.86 |
4.2 Price Multiples
- 92.96% of the companies in the same industry are more expensive than ENI, based on the Enterprise Value to EBITDA ratio.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of ENI indicates a rather cheap valuation: ENI is cheaper than 85.92% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.37 | ||
| EV/EBITDA | 1.69 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)0.77
EPS Next 2Y-1.95%
EPS Next 3Y4.3%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 6.38%, ENI is a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 5.24, ENI pays a better dividend. On top of this ENI pays more dividend than 85.92% of the companies listed in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.82, ENI pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.38% |
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
5.3 Sustainability
- ENI pays out 69.77% of its income as dividend. This is not a sustainable payout ratio.
- The dividend of ENI is growing, but earnings are growing more, so the dividend growth is sustainable.
DP69.77%
EPS Next 2Y-1.95%
EPS Next 3Y4.3%
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 4 / 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%.