ENAV SPA (ENAV.MI) Stock Fundamental Analysis
BIT:ENAV - Euronext Milan - IT0005176406 - Common Stock - Currency: EUR
Taking everything into account, ENAV scores 5 out of 10 in our fundamental rating. ENAV was compared to 10 industry peers in the Transportation Infrastructure industry. While ENAV has a great health rating, its profitability is only average at the moment. ENAV is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
ENAV had positive earnings in the past year.
ENAV had a positive operating cash flow in the past year.
ENAV had positive earnings in each of the past 5 years.
In multiple years ENAV reported negative operating cash flow during the last 5 years.
1.2 Ratios
The Return On Assets of ENAV (7.53%) is better than 90.00% of its industry peers.
ENAV's Return On Equity of 14.54% is amongst the best of the industry. ENAV outperforms 90.00% of its industry peers.
ENAV's Return On Invested Capital of 9.55% is amongst the best of the industry. ENAV outperforms 90.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.53% | ||
| ROE | 14.54% | ||
| ROIC | 9.55% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
ENAV has a better Profit Margin (12.02%) than 70.00% of its industry peers.
ENAV's Profit Margin has declined in the last couple of years.
ENAV's Operating Margin of 18.42% is in line compared to the rest of the industry. ENAV outperforms 60.00% of its industry peers.
In the last couple of years the Operating Margin of ENAV has remained more or less at the same level.
With an excellent Gross Margin value of 100.64%, ENAV belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
ENAV's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.42% | ||
| PM (TTM) | 12.02% | ||
| GM | 100.64% |
OM growth 3Y15.02%
OM growth 5Y-1.05%
PM growth 3Y8.65%
PM growth 5Y-1.67%
GM growth 3Y-0.19%
GM growth 5Y-0.17%
2. Health
2.1 Basic Checks
ENAV has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
ENAV has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
An Altman-Z score of 2.85 indicates that ENAV is not a great score, but indicates only limited risk for bankruptcy at the moment.
ENAV's Altman-Z score of 2.85 is amongst the best of the industry. ENAV outperforms 90.00% of its industry peers.
The Debt to FCF ratio of ENAV is 3.71, which is a good value as it means it would take ENAV, 3.71 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 3.71, ENAV is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
ENAV has a Debt/Equity ratio of 0.46. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of ENAV (0.46) is better than 70.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.46 | ||
| Debt/FCF | 3.71 | ||
| Altman-Z | 2.85 |
ROIC/WACC1.17
WACC8.14%
2.3 Liquidity
ENAV has a Current Ratio of 2.45. This indicates that ENAV is financially healthy and has no problem in meeting its short term obligations.
ENAV has a Current ratio of 2.45. This is comparable to the rest of the industry: ENAV outperforms 60.00% of its industry peers.
A Quick Ratio of 2.29 indicates that ENAV has no problem at all paying its short term obligations.
With a decent Quick ratio value of 2.29, ENAV is doing good in the industry, outperforming 70.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.45 | ||
| Quick Ratio | 2.29 |
3. Growth
3.1 Past
ENAV shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by 0.00%.
Measured over the past 5 years, ENAV shows a small growth in Earnings Per Share. The EPS has been growing by 1.18% on average per year.
The Revenue has been growing slightly by 2.17% in the past year.
The Revenue has been growing slightly by 2.94% on average over the past years.
EPS 1Y (TTM)0%
EPS 3Y17.06%
EPS 5Y1.18%
EPS Q2Q%-66.67%
Revenue 1Y (TTM)2.17%
Revenue growth 3Y7.77%
Revenue growth 5Y2.94%
Sales Q2Q%-10.7%
3.2 Future
ENAV is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 4.95% yearly.
Based on estimates for the next years, ENAV will show a small growth in Revenue. The Revenue will grow by 0.67% on average per year.
EPS Next Y-30.89%
EPS Next 2Y-9.38%
EPS Next 3Y-3.13%
EPS Next 5Y4.95%
Revenue Next Year-2.54%
Revenue Next 2Y1.08%
Revenue Next 3Y2%
Revenue Next 5Y0.67%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better 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
With a Price/Earnings ratio of 19.80, ENAV is valued on the expensive side.
Based on the Price/Earnings ratio, ENAV is valued a bit more expensive than 60.00% of the companies in the same industry.
ENAV's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.03.
ENAV is valuated rather expensively with a Price/Forward Earnings ratio of 22.01.
The rest of the industry has a similar Price/Forward Earnings ratio as ENAV.
When comparing the Price/Forward Earnings ratio of ENAV to the average of the S&P500 Index (36.28), we can say ENAV is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.8 | ||
| Fwd PE | 22.01 |
4.2 Price Multiples
ENAV's Enterprise Value to EBITDA ratio is in line with the industry average.
ENAV's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.18 | ||
| EV/EBITDA | 6.09 |
4.3 Compensation for Growth
ENAV has a very decent profitability rating, which may justify a higher PE ratio.
A cheap valuation may be justified as ENAV's earnings are expected to decrease with -3.13% in the coming years.
PEG (NY)N/A
PEG (5Y)16.82
EPS Next 2Y-9.38%
EPS Next 3Y-3.13%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 7.27%, ENAV is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 7.31, ENAV pays a bit more dividend than its industry peers.
ENAV's Dividend Yield is rather good when compared to the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.27% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
ENAV pays out 69.67% of its income as dividend. This is not a sustainable payout ratio.
DP69.67%
EPS Next 2Y-9.38%
EPS Next 3Y-3.13%
BIT:ENAV (8/5/2025, 7:00:00 PM)
4.158
+0.03 (+0.68%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryTransportation Infrastructure
Earnings (Last)
Earnings (Next)
Inst Owners19.49%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap2.25B
Analysts76.92
Price Target4.33 (4.14%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.27% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP69.67%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-17.66%
Min EPS beat(2)-23.11%
Max EPS beat(2)-12.2%
EPS beat(4)0
Avg EPS beat(4)-12.02%
Min EPS beat(4)-23.11%
Max EPS beat(4)-5.04%
EPS beat(8)1
Avg EPS beat(8)-6.88%
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-1.97%
Min Revenue beat(2)-3.9%
Max Revenue beat(2)-0.05%
Revenue beat(4)1
Avg Revenue beat(4)-1.83%
Min Revenue beat(4)-4.06%
Max Revenue beat(4)0.69%
Revenue beat(8)3
Avg Revenue beat(8)-1.88%
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)-0.33%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.85%
Revenue NY rev (1m)-2.54%
Revenue NY rev (3m)-2.54%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.8 | ||
| Fwd PE | 22.01 | ||
| P/S | 1.52 | ||
| P/FCF | 14.18 | ||
| P/OCF | 8.11 | ||
| P/B | 1.83 | ||
| P/tB | 2.17 | ||
| EV/EBITDA | 6.09 |
EPS(TTM)0.21
EY5.05%
EPS(NY)0.19
Fwd EY4.54%
FCF(TTM)0.29
FCFY7.05%
OCF(TTM)0.51
OCFY12.34%
SpS2.74
BVpS2.27
TBVpS1.92
PEG (NY)N/A
PEG (5Y)16.82
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.53% | ||
| ROE | 14.54% | ||
| ROCE | 13.63% | ||
| ROIC | 9.55% | ||
| ROICexc | 11.61% | ||
| ROICexgc | 13.12% | ||
| OM | 18.42% | ||
| PM (TTM) | 12.02% | ||
| GM | 100.64% | ||
| FCFM | 10.69% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y15.02%
OM growth 5Y-1.05%
PM growth 3Y8.65%
PM growth 5Y-1.67%
GM growth 3Y-0.19%
GM growth 5Y-0.17%
F-Score6
Asset Turnover0.63
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.46 | ||
| Debt/FCF | 3.71 | ||
| Debt/EBITDA | 1.4 | ||
| Cap/Depr | 90.3% | ||
| Cap/Sales | 8.01% | ||
| Interest Coverage | 11.72 | ||
| Cash Conversion | 68.53% | ||
| Profit Quality | 88.91% | ||
| Current Ratio | 2.45 | ||
| Quick Ratio | 2.29 | ||
| Altman-Z | 2.85 |
F-Score6
WACC8.14%
ROIC/WACC1.17
Cap/Depr(3y)84.55%
Cap/Depr(5y)77.23%
Cap/Sales(3y)11.39%
Cap/Sales(5y)11.47%
Profit Quality(3y)115.81%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)0%
EPS 3Y17.06%
EPS 5Y1.18%
EPS Q2Q%-66.67%
EPS Next Y-30.89%
EPS Next 2Y-9.38%
EPS Next 3Y-3.13%
EPS Next 5Y4.95%
Revenue 1Y (TTM)2.17%
Revenue growth 3Y7.77%
Revenue growth 5Y2.94%
Sales Q2Q%-10.7%
Revenue Next Year-2.54%
Revenue Next 2Y1.08%
Revenue Next 3Y2%
Revenue Next 5Y0.67%
EBIT growth 1Y8.83%
EBIT growth 3Y23.96%
EBIT growth 5Y1.86%
EBIT Next Year24.45%
EBIT Next 3Y15.54%
EBIT Next 5Y11.61%
FCF growth 1Y58.62%
FCF growth 3YN/A
FCF growth 5Y-6.75%
OCF growth 1Y31.94%
OCF growth 3YN/A
OCF growth 5Y-4.05%