ENI SPA (ENI.DE) Fundamental Analysis & Valuation
FRA:ENI • IT0003132476
Current stock price
24.265 EUR
+0.79 (+3.34%)
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
- In the past year ENI was profitable.
- ENI had a positive operating cash flow in the past year.
- Each year in the past 5 years ENI has been profitable.
- In the past 5 years ENI always reported a positive cash flow from operatings.
1.2 Ratios
- ENI has a worse Return On Assets (3.34%) than 60.49% of its industry peers.
- ENI has a Return On Equity (9.56%) which is comparable to the rest of the industry.
- Looking at the Return On Invested Capital, with a value of 4.39%, ENI is doing worse than 67.90% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for ENI is significantly below the industry average of 9.44%.
- The 3 year average ROIC (3.57%) for ENI is below the current ROIC(4.39%), indicating increased profibility in the last year.
| 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)4.98%
1.3 Margins
- ENI has a worse Profit Margin (3.67%) than 70.37% of its industry peers.
- In the last couple of years the Profit Margin of ENI has declined.
- The Operating Margin of ENI (8.39%) is worse than 72.84% of its industry peers.
- ENI's Operating Margin has improved in the last couple of years.
- Looking at the Gross Margin, with a value of 25.22%, ENI is doing worse than 74.07% of the companies in the same industry.
- ENI's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.39% | ||
| PM (TTM) | 3.67% | ||
| GM | 25.22% |
OM growth 3Y-17.73%
OM growth 5Y59.26%
PM growth 3Y-32.84%
PM growth 5YN/A
GM growth 3Y-19.15%
GM growth 5Y-18.16%
2. ENI.DE Health Analysis
2.1 Basic Checks
- ENI has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- The number of shares outstanding for ENI has been reduced compared to 1 year ago.
- ENI has less shares outstanding than it did 5 years ago.
- Compared to 1 year ago, ENI has an improved debt to assets ratio.
2.2 Solvency
- An Altman-Z score of 2.15 indicates that ENI is not a great score, but indicates only limited risk for bankruptcy at the moment.
- Looking at the Altman-Z score, with a value of 2.15, ENI is in line with its industry, outperforming 49.38% of the companies in the same industry.
- 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 worse than 61.73% of its industry peers.
- ENI has a Debt/Equity ratio of 0.62. This is a neutral value indicating ENI is somewhat dependend on debt financing.
- ENI has a Debt to Equity ratio (0.62) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 8.34 | ||
| Altman-Z | 2.15 |
ROIC/WACC0.72
WACC6.07%
2.3 Liquidity
- ENI has a Current Ratio of 1.17. 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 1.17, ENI is not doing good in the industry: 60.49% of the companies in the same industry are doing better.
- A Quick Ratio of 1.02 indicates that ENI should not have too much problems paying its short term obligations.
- With a Quick ratio value of 1.02, ENI perfoms like the industry average, outperforming 49.38% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.17 | ||
| Quick Ratio | 1.02 |
3. ENI.DE Growth Analysis
3.1 Past
- The earnings per share for ENI have decreased by -1.85% in the last year.
- 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%.
- 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 Y-1.4%
EPS Next 2Y6.89%
EPS Next 3Y7.9%
EPS Next 5Y10.12%
Revenue Next Year10.05%
Revenue Next 2Y3.05%
Revenue Next 3Y1.77%
Revenue Next 5Y1.89%
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 accelerating.
- 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
- Based on the Price/Earnings ratio of 15.26, the valuation of ENI can be described as correct.
- Based on the Price/Earnings ratio, ENI is valued a bit cheaper than the industry average as 67.90% of the companies are valued more expensively.
- The average S&P500 Price/Earnings ratio is at 26.91. ENI is valued slightly cheaper when compared to this.
- With a Price/Forward Earnings ratio of 15.48, ENI is valued correctly.
- Based on the Price/Forward Earnings ratio, ENI is valued a bit cheaper than the industry average as 61.73% of the companies are valued more expensively.
- ENI's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.68.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.26 | ||
| Fwd PE | 15.48 |
4.2 Price Multiples
- 83.95% of the companies in the same industry are more expensive than ENI, based on the Enterprise Value to EBITDA ratio.
- 60.49% of the companies in the same industry are more expensive than ENI, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.92 | ||
| EV/EBITDA | 4.39 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y6.89%
EPS Next 3Y7.9%
5. ENI.DE Dividend Analysis
5.1 Amount
- ENI has a Yearly Dividend Yield of 4.39%, which is a nice return.
- Compared to an average industry Dividend Yield of 3.98, 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 1.89.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.39% |
5.2 History
- The dividend of ENI is nicely growing with an annual growth rate of 13.14%!
Dividend Growth(5Y)13.14%
Div Incr Years5
Div Non Decr Years5
5.3 Sustainability
- 67.20% of the earnings are spent on dividend by ENI. 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 2Y6.89%
EPS Next 3Y7.9%
ENI.DE Fundamentals: All Metrics, Ratios and Statistics
FRA:ENI (4/9/2026, 5:16:25 PM)
24.265
+0.79 (+3.34%)
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 Owners19.58%
Inst Owner ChangeN/A
Ins Owners3.1%
Ins Owner ChangeN/A
Market Cap73.47B
Revenue(TTM)124.92B
Net Income(TTM)4.58B
Analysts69.03
Price Target17.16 (-29.28%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.39% |
Yearly Dividend1.02
Dividend Growth(5Y)13.14%
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)0%
PT rev (3m)0.15%
EPS NQ rev (1m)40.91%
EPS NQ rev (3m)38.05%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.21%
Revenue NQ rev (1m)12.62%
Revenue NQ rev (3m)23.97%
Revenue NY rev (1m)11.36%
Revenue NY rev (3m)10.04%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.26 | ||
| Fwd PE | 15.48 | ||
| P/S | 0.59 | ||
| P/FCF | 17.92 | ||
| P/OCF | 5.51 | ||
| P/B | 1.53 | ||
| P/tB | 1.75 | ||
| EV/EBITDA | 4.39 |
EPS(TTM)1.59
EY6.55%
EPS(NY)1.57
Fwd EY6.46%
FCF(TTM)1.35
FCFY5.58%
OCF(TTM)4.4
OCFY18.14%
SpS41.26
BVpS15.83
TBVpS13.84
PEG (NY)N/A
PEG (5Y)N/A
Graham Number23.8
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 | 25.22% | ||
| 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)4.98%
ROICexc(3y)4.16%
ROICexc(5y)5.88%
ROICexgc(3y)4.46%
ROICexgc(5y)6.27%
ROCE(3y)8.23%
ROCE(5y)11.43%
ROICexgc growth 3Y-30.59%
ROICexgc growth 5Y73.41%
ROICexc growth 3Y-30.67%
ROICexc growth 5Y72.49%
OM growth 3Y-17.73%
OM growth 5Y59.26%
PM growth 3Y-32.84%
PM growth 5YN/A
GM growth 3Y-19.15%
GM growth 5Y-18.16%
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 | 1.17 | ||
| Quick Ratio | 1.02 | ||
| Altman-Z | 2.15 |
F-Score8
WACC6.07%
ROIC/WACC0.72
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 Y-1.4%
EPS Next 2Y6.89%
EPS Next 3Y7.9%
EPS Next 5Y10.12%
Revenue 1Y (TTM)-5.64%
Revenue growth 3Y-14.73%
Revenue growth 5Y13.31%
Sales Q2Q%-12.41%
Revenue Next Year10.05%
Revenue Next 2Y3.05%
Revenue Next 3Y1.77%
Revenue Next 5Y1.89%
EBIT growth 1Y-20.31%
EBIT growth 3Y-29.85%
EBIT growth 5Y80.45%
EBIT Next Year80.46%
EBIT Next 3Y33.88%
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 5 / 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 3 / 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 decline by -1.4% in the next year.