ENI SPA-SPONSORED ADR (E) Stock Fundamental Analysis
NYSE:E - New York Stock Exchange, Inc. - US26874R1086 - ADR - Currency: USD
Taking everything into account, E scores 4 out of 10 in our fundamental rating. E was compared to 213 industry peers in the Oil, Gas & Consumable Fuels industry. E has an average financial health and profitability rating. E has a valuation in line with the averages, but on the other hand it scores bad on growth. E also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year E was profitable.
In the past year E had a positive cash flow from operations.
Of the past 5 years E 4 years were profitable.
Each year in the past 5 years E had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 2.99%, E is in line with its industry, outperforming 47.89% of the companies in the same industry.
E's Return On Equity of 8.06% is in line compared to the rest of the industry. E outperforms 51.17% of its industry peers.
The Return On Invested Capital of E (9.15%) is better than 73.24% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for E is significantly below the industry average of 23.55%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.99% | ||
| ROE | 8.06% | ||
| ROIC | 9.15% |
ROA(3y)4.75%
ROA(5y)2.12%
ROE(3y)13.1%
ROE(5y)5.86%
ROIC(3y)9.34%
ROIC(5y)7.79%
1.3 Margins
E has a Profit Margin of 3.27%. This is comparable to the rest of the industry: E outperforms 40.85% of its industry peers.
In the last couple of years the Profit Margin of E has grown nicely.
The Operating Margin of E (9.87%) is worse than 61.97% of its industry peers.
E's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 32.96%, E is in line with its industry, outperforming 42.72% of the companies in the same industry.
E's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.87% | ||
| PM (TTM) | 3.27% | ||
| GM | 32.96% |
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 E is still creating some value.
The number of shares outstanding for E has been reduced compared to 1 year ago.
Compared to 5 years ago, E has less shares outstanding
Compared to 1 year ago, E has a worse debt to assets ratio.
2.2 Solvency
E has an Altman-Z score of 1.97. This is not the best score and indicates that E is in the grey zone with still only limited risk for bankruptcy at the moment.
E's Altman-Z score of 1.97 is fine compared to the rest of the industry. E outperforms 65.26% of its industry peers.
The Debt to FCF ratio of E is 6.89, which is on the high side as it means it would take E, 6.89 years of fcf income to pay off all of its debts.
E has a Debt to FCF ratio of 6.89. This is comparable to the rest of the industry: E outperforms 57.75% of its industry peers.
A Debt/Equity ratio of 0.56 indicates that E is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.56, E is in line with its industry, outperforming 44.13% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.56 | ||
| Debt/FCF | 6.89 | ||
| Altman-Z | 1.97 |
ROIC/WACC1.18
WACC7.78%
2.3 Liquidity
E has a Current Ratio of 1.16. This is a normal value and indicates that E 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, E is in line with its industry, outperforming 49.77% of the companies in the same industry.
A Quick Ratio of 1.00 indicates that E should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.00, E is in line with its industry, outperforming 53.05% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.16 | ||
| Quick Ratio | 1 |
3. Growth
3.1 Past
The earnings per share for E have decreased strongly by -23.56% in the last year.
Measured over the past years, E shows a quite strong growth in Earnings Per Share. The EPS has been growing by 14.87% on average per year.
Looking at the last year, E shows a decrease in Revenue. The Revenue has decreased by -5.00% in the last year.
The Revenue has been growing slightly by 4.91% on average over the past years.
EPS 1Y (TTM)-23.56%
EPS 3Y7.34%
EPS 5Y14.87%
EPS Q2Q%-6.25%
Revenue 1Y (TTM)-5%
Revenue growth 3Y5.06%
Revenue growth 5Y4.91%
Sales Q2Q%0.12%
3.2 Future
Based on estimates for the next years, E will show a small growth in Earnings Per Share. The EPS will grow by 6.78% on average per year.
The Revenue is expected to grow by 0.95% on average over the next years.
EPS Next Y-3.55%
EPS Next 2Y3.75%
EPS Next 3Y7.49%
EPS Next 5Y6.78%
Revenue Next Year-6.12%
Revenue Next 2Y-1.93%
Revenue Next 3Y1.23%
Revenue Next 5Y0.95%
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 8.62 indicates a reasonable valuation of E.
Compared to the rest of the industry, the Price/Earnings ratio of E indicates a somewhat cheap valuation: E is cheaper than 78.40% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 26.31. E is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 7.87, the valuation of E can be described as very cheap.
E's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. E is cheaper than 79.81% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of E to the average of the S&P500 Index (22.13), we can say E is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.62 | ||
| Fwd PE | 7.87 |
4.2 Price Multiples
E's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. E is cheaper than 93.43% of the companies in the same industry.
80.28% of the companies in the same industry are more expensive than E, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.26 | ||
| EV/EBITDA | 2.45 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)0.58
EPS Next 2Y3.75%
EPS Next 3Y7.49%
5. Dividend
5.1 Amount
E has a Yearly Dividend Yield of 7.95%, which is a nice return.
E's Dividend Yield is rather good when compared to the industry average which is at 6.74. E pays more dividend than 80.75% of the companies in the same industry.
E's Dividend Yield is rather good when compared to the S&P500 average which is at 2.39.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.95% |
5.2 History
The dividend of E has a limited annual growth rate of 2.97%.
E has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)2.97%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
E pays out 71.01% of its income as dividend. This is not a sustainable payout ratio.
The dividend of E is growing, but earnings are growing more, so the dividend growth is sustainable.
DP71.01%
EPS Next 2Y3.75%
EPS Next 3Y7.49%
32.59
+0.33 (+1.02%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners19.78%
Inst Owner Change-1.82%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap49.73B
Analysts71.33
Price Target34.3 (5.25%)
Short Float %0.09%
Short Ratio2.23
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.95% |
Yearly Dividend2.28
Dividend Growth(5Y)2.97%
DP71.01%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)2.33%
Min EPS beat(2)-9.34%
Max EPS beat(2)14%
EPS beat(4)3
Avg EPS beat(4)5.76%
Min EPS beat(4)-9.34%
Max EPS beat(4)16.06%
EPS beat(8)5
Avg EPS beat(8)3.74%
EPS beat(12)8
Avg EPS beat(12)5.85%
EPS beat(16)12
Avg EPS beat(16)12.88%
Revenue beat(2)1
Avg Revenue beat(2)5.36%
Min Revenue beat(2)-8.64%
Max Revenue beat(2)19.36%
Revenue beat(4)1
Avg Revenue beat(4)-3.32%
Min Revenue beat(4)-19.49%
Max Revenue beat(4)19.36%
Revenue beat(8)1
Avg Revenue beat(8)-13.25%
Revenue beat(12)4
Avg Revenue beat(12)17.88%
Revenue beat(16)8
Avg Revenue beat(16)31.99%
PT rev (1m)-3.73%
PT rev (3m)-1.36%
EPS NQ rev (1m)-11.15%
EPS NQ rev (3m)-25.65%
EPS NY rev (1m)0.1%
EPS NY rev (3m)-13.67%
Revenue NQ rev (1m)-2.25%
Revenue NQ rev (3m)-16.33%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-7.59%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.62 | ||
| Fwd PE | 7.87 | ||
| P/S | 0.32 | ||
| P/FCF | 8.26 | ||
| P/OCF | 3.16 | ||
| P/B | 0.8 | ||
| P/tB | 0.91 | ||
| EV/EBITDA | 2.45 |
EPS(TTM)3.78
EY11.6%
EPS(NY)4.14
Fwd EY12.71%
FCF(TTM)3.95
FCFY12.11%
OCF(TTM)10.31
OCFY31.64%
SpS100.3
BVpS40.69
TBVpS35.79
PEG (NY)N/A
PEG (5Y)0.58
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.99% | ||
| ROE | 8.06% | ||
| ROCE | 12.1% | ||
| ROIC | 9.15% | ||
| ROICexc | 10.7% | ||
| ROICexgc | 11.46% | ||
| OM | 9.87% | ||
| PM (TTM) | 3.27% | ||
| GM | 32.96% | ||
| FCFM | 3.94% |
ROA(3y)4.75%
ROA(5y)2.12%
ROE(3y)13.1%
ROE(5y)5.86%
ROIC(3y)9.34%
ROIC(5y)7.79%
ROICexc(3y)11.1%
ROICexc(5y)9.22%
ROICexgc(3y)11.86%
ROICexgc(5y)9.84%
ROCE(3y)12.31%
ROCE(5y)10.21%
ROICexcg growth 3Y-17.17%
ROICexcg growth 5Y-2.79%
ROICexc growth 3Y-17.38%
ROICexc growth 5Y-3.38%
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%
F-Score5
Asset Turnover0.91
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.56 | ||
| Debt/FCF | 6.89 | ||
| Debt/EBITDA | 1.45 | ||
| Cap/Depr | 111.48% | ||
| Cap/Sales | 6.35% | ||
| Interest Coverage | 10.16 | ||
| Cash Conversion | 66.08% | ||
| Profit Quality | 120.31% | ||
| Current Ratio | 1.16 | ||
| Quick Ratio | 1 | ||
| Altman-Z | 1.97 |
F-Score5
WACC7.78%
ROIC/WACC1.18
Cap/Depr(3y)115.59%
Cap/Depr(5y)96.9%
Cap/Sales(3y)8.49%
Cap/Sales(5y)8.57%
Profit Quality(3y)122.28%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-23.56%
EPS 3Y7.34%
EPS 5Y14.87%
EPS Q2Q%-6.25%
EPS Next Y-3.55%
EPS Next 2Y3.75%
EPS Next 3Y7.49%
EPS Next 5Y6.78%
Revenue 1Y (TTM)-5%
Revenue growth 3Y5.06%
Revenue growth 5Y4.91%
Sales Q2Q%0.12%
Revenue Next Year-6.12%
Revenue Next 2Y-1.93%
Revenue Next 3Y1.23%
Revenue Next 5Y0.95%
EBIT growth 1Y-22.88%
EBIT growth 3Y-12.34%
EBIT growth 5Y-0.16%
EBIT Next Year47.47%
EBIT Next 3Y18.5%
EBIT Next 5Y13.5%
FCF growth 1Y-39.1%
FCF growth 3Y-15.49%
FCF growth 5Y2.8%
OCF growth 1Y-21.74%
OCF growth 3Y0.6%
OCF growth 5Y1.12%