ENI SPA (ENI.MI) Stock Fundamental Analysis
BIT:ENI - Borsa Italiana Milan - IT0003132476 - Common Stock - Currency: EUR
Taking everything into account, ENI scores 3 out of 10 in our fundamental rating. ENI was compared to 62 industry peers in the Oil, Gas & Consumable Fuels industry. ENI may be in some trouble as it scores bad on both profitability and health. ENI is valued correctly, but it does not seem to be growing.
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.
ENI had positive earnings in 4 of the past 5 years.
In the past 5 years ENI always reported a positive cash flow from operatings.
1.2 Ratios
ENI has a Return On Assets of 4.09%. This is in the lower half of the industry: ENI underperforms 68.33% of its industry peers.
ENI's Return On Equity of 11.16% is on the low side compared to the rest of the industry. ENI is outperformed by 61.67% of its industry peers.
The Return On Invested Capital of ENI (8.16%) is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for ENI is below the industry average of 12.33%.
The last Return On Invested Capital (8.16%) for ENI is above the 3 year average (7.60%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.09% | ||
| ROE | 11.16% | ||
| ROIC | 8.16% |
ROA(3y)5.57%
ROA(5y)1.79%
ROE(3y)15.81%
ROE(5y)4.93%
ROIC(3y)7.6%
ROIC(5y)5.62%
1.3 Margins
Looking at the Profit Margin, with a value of 4.21%, ENI is doing worse than 78.33% of the companies in the same industry.
ENI's Profit Margin has been stable in the last couple of years.
ENI has a Operating Margin of 12.04%. This is in the lower half of the industry: ENI underperforms 71.67% of its industry peers.
ENI's Operating Margin has declined in the last couple of years.
The Gross Margin of ENI (34.55%) is worse than 60.00% of its industry peers.
In the last couple of years the Gross Margin of ENI has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.04% | ||
| PM (TTM) | 4.21% | ||
| GM | 34.55% |
OM growth 3Y143.94%
OM growth 5Y-3.84%
PM growth 3YN/A
PM growth 5Y-1.32%
GM growth 3Y-9.47%
GM growth 5Y-3.83%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so ENI is creating 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.
The debt/assets ratio for ENI is higher compared to a year ago.
2.2 Solvency
ENI has an Altman-Z score of 2.02. 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 (2.02) which is comparable to the rest of the industry.
The Debt to FCF ratio of ENI is 7.04, which is on the high side as it means it would take ENI, 7.04 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 7.04, ENI is not doing good in the industry: 63.33% of the companies in the same industry are doing better.
ENI has a Debt/Equity ratio of 0.59. This is a neutral value indicating ENI is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.59, ENI is doing worse than 61.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.59 | ||
| Debt/FCF | 7.04 | ||
| Altman-Z | 2.02 |
ROIC/WACC1.87
WACC4.36%
2.3 Liquidity
A Current Ratio of 1.27 indicates that ENI should not have too much problems paying its short term obligations.
ENI has a worse Current ratio (1.27) than 66.67% of its industry peers.
A Quick Ratio of 1.07 indicates that ENI should not have too much problems paying its short term obligations.
ENI has a worse Quick ratio (1.07) than 65.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.27 | ||
| Quick Ratio | 1.07 |
3. Growth
3.1 Past
ENI shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -32.65%.
Measured over the past years, ENI shows a quite strong growth in Earnings Per Share. The EPS has been growing by 16.09% on average per year.
Looking at the last year, ENI shows a very negative growth in Revenue. The Revenue has decreased by -18.12% in the last year.
Measured over the past years, ENI shows a small growth in Revenue. The Revenue has been growing by 4.33% on average per year.
EPS 1Y (TTM)-32.65%
EPS 3YN/A
EPS 5Y16.09%
EPS Q2Q%-27.78%
Revenue 1Y (TTM)-18.12%
Revenue growth 3Y28.68%
Revenue growth 5Y4.33%
Sales Q2Q%-7.21%
3.2 Future
The Earnings Per Share is expected to decrease by -7.95% on average over the next years.
The Revenue is expected to grow by 2.30% on average over the next years.
EPS Next Y-29.06%
EPS Next 2Y-14.97%
EPS Next 3Y-8%
EPS Next 5Y-7.95%
Revenue Next Year-7.67%
Revenue Next 2Y-3.88%
Revenue Next 3Y-1.24%
Revenue Next 5Y2.3%
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.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 7.51 indicates a rather cheap valuation of ENI.
ENI's Price/Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Earnings ratio of 28.47, ENI is valued rather cheaply.
The Price/Forward Earnings ratio is 7.70, which indicates a rather cheap valuation of ENI.
ENI's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. ENI is cheaper than 61.67% of the companies in the same industry.
ENI is valuated cheaply when we compare the Price/Forward Earnings ratio to 92.74, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.51 | ||
| Fwd PE | 7.7 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ENI is valued cheaper than 90.00% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, ENI is valued a bit cheaper than the industry average as 80.00% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.2 | ||
| EV/EBITDA | 1.25 |
4.3 Compensation for Growth
A cheap valuation may be justified as ENI's earnings are expected to decrease with -8.00% in the coming years.
PEG (NY)N/A
PEG (5Y)0.47
EPS Next 2Y-14.97%
EPS Next 3Y-8%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 7.11%, ENI is a good candidate for dividend investing.
ENI's Dividend Yield is a higher than the industry average which is at 60.90.
ENI's Dividend Yield is rather good when compared to the S&P500 average which is at 2.28.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.11% |
5.2 History
The dividend of ENI has a limited annual growth rate of 2.50%.
Dividend Growth(5Y)2.5%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
53.06% of the earnings are spent on dividend by ENI. This is a bit on the high side, but may be sustainable.
The Dividend Rate of ENI has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP53.06%
EPS Next 2Y-14.97%
EPS Next 3Y-8%
ENI SPA
BIT:ENI (2/5/2025, 5:36:21 PM)
13.744
-0.04 (-0.29%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners20.27%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap21.11B
Analysts77.42
Price Target16.49 (19.98%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.11% |
Yearly Dividend0.93
Dividend Growth(5Y)2.5%
DP53.06%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)9.19%
Min EPS beat(2)2.33%
Max EPS beat(2)16.06%
EPS beat(4)2
Avg EPS beat(4)1.71%
Min EPS beat(4)-6.7%
Max EPS beat(4)16.06%
EPS beat(8)5
Avg EPS beat(8)5.36%
EPS beat(12)9
Avg EPS beat(12)8.83%
EPS beat(16)12
Avg EPS beat(16)28.23%
Revenue beat(2)0
Avg Revenue beat(2)-12%
Min Revenue beat(2)-19.49%
Max Revenue beat(2)-4.5%
Revenue beat(4)0
Avg Revenue beat(4)-14.19%
Min Revenue beat(4)-19.49%
Max Revenue beat(4)-4.5%
Revenue beat(8)1
Avg Revenue beat(8)1.17%
Revenue beat(12)5
Avg Revenue beat(12)31.43%
Revenue beat(16)9
Avg Revenue beat(16)35.26%
PT rev (1m)-1.2%
PT rev (3m)-2.82%
EPS NQ rev (1m)-10.67%
EPS NQ rev (3m)-36.46%
EPS NY rev (1m)-4.16%
EPS NY rev (3m)-4.16%
Revenue NQ rev (1m)-7.9%
Revenue NQ rev (3m)-24.56%
Revenue NY rev (1m)-1.34%
Revenue NY rev (3m)-1.34%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.51 | ||
| Fwd PE | 7.7 | ||
| P/S | 0.16 | ||
| P/FCF | 4.2 | ||
| P/OCF | 1.55 | ||
| P/B | 0.41 | ||
| P/tB | 0.47 | ||
| EV/EBITDA | 1.25 |
EPS(TTM)1.83
EY13.31%
EPS(NY)1.78
Fwd EY12.98%
FCF(TTM)3.27
FCFY23.79%
OCF(TTM)8.88
OCFY64.63%
SpS87.99
BVpS33.22
TBVpS29.02
PEG (NY)N/A
PEG (5Y)0.47
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.09% | ||
| ROE | 11.16% | ||
| ROCE | 15.28% | ||
| ROIC | 8.16% | ||
| ROICexc | 9.53% | ||
| ROICexgc | 10.23% | ||
| OM | 12.04% | ||
| PM (TTM) | 4.21% | ||
| GM | 34.55% | ||
| FCFM | 3.72% |
ROA(3y)5.57%
ROA(5y)1.79%
ROE(3y)15.81%
ROE(5y)4.93%
ROIC(3y)7.6%
ROIC(5y)5.62%
ROICexc(3y)9.05%
ROICexc(5y)6.65%
ROICexgc(3y)9.65%
ROICexgc(5y)7.06%
ROCE(3y)14.21%
ROCE(5y)10.49%
ROICexcg growth 3Y193%
ROICexcg growth 5Y-3.57%
ROICexc growth 3Y190.08%
ROICexc growth 5Y-4.09%
OM growth 3Y143.94%
OM growth 5Y-3.84%
PM growth 3YN/A
PM growth 5Y-1.32%
GM growth 3Y-9.47%
GM growth 5Y-3.83%
F-Score5
Asset Turnover0.97
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.59 | ||
| Debt/FCF | 7.04 | ||
| Debt/EBITDA | 1.25 | ||
| Cap/Depr | 111.81% | ||
| Cap/Sales | 6.38% | ||
| Interest Coverage | 12.99 | ||
| Cash Conversion | 56.89% | ||
| Profit Quality | 88.22% | ||
| Current Ratio | 1.27 | ||
| Quick Ratio | 1.07 | ||
| Altman-Z | 2.02 |
F-Score5
WACC4.36%
ROIC/WACC1.87
Cap/Depr(3y)103.07%
Cap/Depr(5y)95.22%
Cap/Sales(3y)7.58%
Cap/Sales(5y)9.06%
Profit Quality(3y)107.48%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-32.65%
EPS 3YN/A
EPS 5Y16.09%
EPS Q2Q%-27.78%
EPS Next Y-29.06%
EPS Next 2Y-14.97%
EPS Next 3Y-8%
EPS Next 5Y-7.95%
Revenue 1Y (TTM)-18.12%
Revenue growth 3Y28.68%
Revenue growth 5Y4.33%
Sales Q2Q%-7.21%
Revenue Next Year-7.67%
Revenue Next 2Y-3.88%
Revenue Next 3Y-1.24%
Revenue Next 5Y2.3%
EBIT growth 1Y-11.84%
EBIT growth 3Y213.9%
EBIT growth 5Y0.33%
EBIT Next Year35.02%
EBIT Next 3Y9.84%
EBIT Next 5Y6.97%
FCF growth 1Y-57.3%
FCF growth 3Y221.3%
FCF growth 5Y5.45%
OCF growth 1Y-27.03%
OCF growth 3Y46.36%
OCF growth 5Y2.07%