ENI SPA (ENI.MI) Stock Fundamental Analysis
BIT:ENI - Euronext Milan - IT0003132476 - Common Stock - Currency: EUR
We assign a fundamental rating of 4 out of 10 to ENI. ENI was compared to 59 industry peers in the Oil, Gas & Consumable Fuels industry. ENI has a bad profitability rating. Also its financial health evaluation is rather negative. ENI has a valuation in line with the averages, but it does not seem to be growing. Finally ENI also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year ENI was profitable.
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
The Return On Assets of ENI (2.99%) is worse than 61.02% of its industry peers.
ENI has a Return On Equity of 8.06%. This is in the lower half of the industry: ENI underperforms 61.02% of its industry peers.
ENI's Return On Invested Capital of 8.69% is fine compared to the rest of the industry. ENI outperforms 64.41% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for ENI is significantly below the industry average of 14.75%.
| 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 72.88% of its industry peers.
ENI's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 9.87%, ENI is doing worse than 72.88% of the companies in the same industry.
In the last couple of years the Operating Margin of ENI has declined.
ENI has a worse Gross Margin (32.96%) than 64.41% of its industry peers.
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
ENI has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, ENI has less shares outstanding
Compared to 5 years ago, ENI has less shares outstanding
Compared to 1 year ago, ENI has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 1.82 indicates that ENI is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of ENI (1.82) is comparable to the rest of the industry.
ENI has a debt to FCF ratio of 6.89. This is a slightly negative value and a sign of low solvency as ENI would need 6.89 years to pay back of all of its debts.
The Debt to FCF ratio of ENI (6.89) is comparable to the rest of the industry.
A Debt/Equity ratio of 0.56 indicates that ENI is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.56, ENI is not doing good in the industry: 61.02% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.56 | ||
| Debt/FCF | 6.89 | ||
| Altman-Z | 1.82 |
ROIC/WACC1.36
WACC6.4%
2.3 Liquidity
A Current Ratio of 1.16 indicates that ENI should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.16, ENI is doing worse than 72.88% of the companies in the same industry.
A Quick Ratio of 1.00 indicates that ENI should not have too much problems paying its short term obligations.
ENI has a worse Quick ratio (1.00) than 62.71% of its industry peers.
| 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 6.80% yearly.
Based on estimates for the next years, ENI will show a decrease in Revenue. The Revenue will decrease by -1.70% on average per year.
EPS Next Y-3.55%
EPS Next 2Y3.75%
EPS Next 3Y7.49%
EPS Next 5Y6.8%
Revenue Next Year-6.12%
Revenue Next 2Y-1.93%
Revenue Next 3Y1.23%
Revenue Next 5Y-1.7%
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.
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
Based on the Price/Earnings ratio of 8.16, the valuation of ENI can be described as reasonable.
Based on the Price/Earnings ratio, ENI is valued a bit cheaper than the industry average as 71.19% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 26.19. ENI is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 7.44, which indicates a rather cheap valuation of ENI.
66.10% of the companies in the same industry are more expensive than ENI, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.13, ENI is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.16 | ||
| Fwd PE | 7.44 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ENI indicates a rather cheap valuation: ENI is cheaper than 91.53% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, ENI is valued cheaper than 84.75% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.81 | ||
| EV/EBITDA | 1.34 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)0.55
EPS Next 2Y3.75%
EPS Next 3Y7.49%
5. Dividend
5.1 Amount
ENI has a Yearly Dividend Yield of 8.06%, which is a nice return.
Compared to an average industry Dividend Yield of 60.24, ENI pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.40, ENI pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.06% |
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
71.01% of the earnings are spent on dividend by ENI. This is not a sustainable payout ratio.
ENI's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP71.01%
EPS Next 2Y3.75%
EPS Next 3Y7.49%
BIT:ENI (5/30/2025, 5:36:15 PM)
12.972
+0.04 (+0.32%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners19.78%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap19.82B
Analysts72.67
Price Target15.31 (18.02%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.06% |
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)-6.23%
PT rev (3m)-7.08%
EPS NQ rev (1m)-23.09%
EPS NQ rev (3m)-24.27%
EPS NY rev (1m)0%
EPS NY rev (3m)-12.07%
Revenue NQ rev (1m)-16.01%
Revenue NQ rev (3m)-16.33%
Revenue NY rev (1m)-4.21%
Revenue NY rev (3m)-7.59%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.16 | ||
| Fwd PE | 7.44 | ||
| P/S | 0.15 | ||
| P/FCF | 3.81 | ||
| P/OCF | 1.46 | ||
| P/B | 0.37 | ||
| P/tB | 0.42 | ||
| EV/EBITDA | 1.34 |
EPS(TTM)1.59
EY12.26%
EPS(NY)1.74
Fwd EY13.44%
FCF(TTM)3.4
FCFY26.22%
OCF(TTM)8.89
OCFY68.5%
SpS86.42
BVpS35.06
TBVpS30.84
PEG (NY)N/A
PEG (5Y)0.55
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 | 1.82 |
F-Score5
WACC6.4%
ROIC/WACC1.36
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 5Y6.8%
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 5Y-1.7%
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%