ENI SPA (ENI.MI) Stock Fundamental Analysis
BIT:ENI - Euronext Milan - IT0003132476 - Common Stock - Currency: EUR
ENI gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 61 industry peers in the Oil, Gas & Consumable Fuels industry. The financial health of ENI is average, but there are quite some concerns on its profitability. ENI has a valuation in line with the averages, but on the other hand it scores bad on growth. Finally ENI also has an excellent dividend rating.
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 (2.99%) which is comparable to the rest of the industry.
Looking at the Return On Equity, with a value of 8.06%, ENI is in line with its industry, outperforming 44.07% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 8.69%, ENI is in the better half of the industry, outperforming 67.80% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for ENI is significantly below the industry average of 15.03%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.99% | ||
| ROE | 8.06% | ||
| ROIC | 8.69% |
ROA(3y)4.75%
ROA(5y)2.12%
ROE(3y)13.1%
ROE(5y)5.86%
ROIC(3y)8.87%
ROIC(5y)7.39%
1.3 Margins
ENI has a Profit Margin of 3.27%. This is in the lower half of the industry: ENI underperforms 69.49% of its industry peers.
ENI's Profit Margin has improved in the last couple of years.
ENI has a Operating Margin of 9.87%. This is in the lower half of the industry: ENI underperforms 71.19% of its industry peers.
In the last couple of years the Operating Margin of ENI has declined.
Looking at the Gross Margin, with a value of 32.96%, ENI is doing worse than 66.10% of the companies in the same industry.
ENI'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 ENI is still creating some 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.
ENI has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 1.84 indicates that ENI is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 1.84, ENI perfoms like the industry average, outperforming 50.85% of the companies in the same industry.
The Debt to FCF ratio of ENI is 6.89, which is on the high side as it means it would take ENI, 6.89 years of fcf income to pay off all of its debts.
ENI has a Debt to FCF ratio (6.89) which is comparable to the rest of the industry.
ENI has a Debt/Equity ratio of 0.56. This is a neutral value indicating ENI is somewhat dependend on debt financing.
ENI has a Debt to Equity ratio of 0.56. This is comparable to the rest of the industry: ENI outperforms 44.07% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.56 | ||
| Debt/FCF | 6.89 | ||
| Altman-Z | 1.84 |
ROIC/WACC1.32
WACC6.57%
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.
ENI has a worse Current ratio (1.16) than 72.88% of its industry peers.
A Quick Ratio of 1.00 indicates that ENI should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.00, ENI is not doing good in the industry: 62.71% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.16 | ||
| Quick Ratio | 1 |
3. Growth
3.1 Past
The earnings per share for ENI have decreased strongly by -23.56% in the last year.
ENI shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 14.87% yearly.
The Revenue has decreased by -5.00% in the past year.
Measured over the past years, ENI shows a small growth in Revenue. The Revenue has been growing by 4.91% on average per year.
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
ENI is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.22% yearly.
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 5Y6.22%
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
With a Price/Earnings ratio of 8.99, the valuation of ENI can be described as very reasonable.
Based on the Price/Earnings ratio, ENI is valued a bit cheaper than 71.19% of the companies in the same industry.
When comparing the Price/Earnings ratio of ENI to the average of the S&P500 Index (27.30), we can say ENI is valued rather cheaply.
A Price/Forward Earnings ratio of 8.19 indicates a reasonable valuation of ENI.
Based on the Price/Forward Earnings ratio, ENI is valued a bit cheaper than 67.80% of the companies in the same industry.
ENI's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 21.76.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.99 | ||
| Fwd PE | 8.19 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ENI is valued cheaply inside the industry as 91.53% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ENI indicates a rather cheap valuation: ENI is cheaper than 84.75% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.18 | ||
| EV/EBITDA | 1.44 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)0.6
EPS Next 2Y3.75%
EPS Next 3Y7.49%
5. Dividend
5.1 Amount
ENI has a Yearly Dividend Yield of 7.35%, which is a nice return.
Compared to an average industry Dividend Yield of 58.65, 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 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.35% |
5.2 History
The dividend of ENI has a limited annual growth rate of 2.97%.
Dividend Growth(5Y)2.97%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
ENI pays out 71.01% 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.
DP71.01%
EPS Next 2Y3.75%
EPS Next 3Y7.49%
BIT:ENI (7/11/2025, 7:00:00 PM)
14.288
+0.01 (+0.04%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners20.05%
Inst Owner ChangeN/A
Ins Owners3.1%
Ins Owner ChangeN/A
Market Cap21.70B
Analysts72
Price Target15.05 (5.33%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.35% |
Yearly Dividend0.97
Dividend Growth(5Y)2.97%
DP71.01%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
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)-1.71%
PT rev (3m)-7.83%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-27.27%
EPS NY rev (1m)0%
EPS NY rev (3m)-6.69%
Revenue NQ rev (1m)3.47%
Revenue NQ rev (3m)-17.54%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-6.19%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.99 | ||
| Fwd PE | 8.19 | ||
| P/S | 0.16 | ||
| P/FCF | 4.18 | ||
| P/OCF | 1.6 | ||
| P/B | 0.41 | ||
| P/tB | 0.46 | ||
| EV/EBITDA | 1.44 |
EPS(TTM)1.59
EY11.13%
EPS(NY)1.74
Fwd EY12.21%
FCF(TTM)3.42
FCFY23.94%
OCF(TTM)8.94
OCFY62.54%
SpS86.92
BVpS35.26
TBVpS31.01
PEG (NY)N/A
PEG (5Y)0.6
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.99% | ||
| ROE | 8.06% | ||
| ROCE | 12.1% | ||
| ROIC | 8.69% | ||
| ROICexc | 10.15% | ||
| ROICexgc | 10.88% | ||
| 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)8.87%
ROIC(5y)7.39%
ROICexc(3y)10.53%
ROICexc(5y)8.76%
ROICexgc(3y)11.26%
ROICexgc(5y)9.34%
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 | 1.84 |
F-Score5
WACC6.57%
ROIC/WACC1.32
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 5Y6.22%
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%