ENI SPA (ENI.MI) Stock Fundamental Analysis

BIT:ENI • IT0003132476

18.578 EUR
-0.06 (-0.32%)
Last: Feb 20, 2026, 05:36 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership
Fundamental Rating

4

We assign a fundamental rating of 4 out of 10 to ENI. ENI was compared to 77 industry peers in the Oil, Gas & Consumable Fuels industry. ENI has an average financial health and profitability rating. ENI is valued correctly, but it does not seem to be growing. Finally ENI also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

  • In the past year ENI was profitable.
  • ENI had a positive operating cash flow in the past year.
  • Of the past 5 years ENI 4 years were profitable.
  • ENI had a positive operating cash flow in each of the past 5 years.
ENI.MI Yearly Net Income VS EBIT VS OCF VS FCFENI.MI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5B -5B 10B 15B

1.2 Ratios

  • ENI's Return On Assets of 3.29% is in line compared to the rest of the industry. ENI outperforms 46.75% of its industry peers.
  • Looking at the Return On Equity, with a value of 9.02%, ENI is in line with its industry, outperforming 50.65% of the companies in the same industry.
  • The Return On Invested Capital of ENI (7.59%) is better than 70.13% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for ENI is in line with the industry average of 8.82%.
Industry RankSector Rank
ROA 3.29%
ROE 9.02%
ROIC 7.59%
ROA(3y)4.75%
ROA(5y)2.12%
ROE(3y)13.1%
ROE(5y)5.86%
ROIC(3y)8.87%
ROIC(5y)7.39%
ENI.MI Yearly ROA, ROE, ROICENI.MI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 -10 20 -20

1.3 Margins

  • The Profit Margin of ENI (3.46%) is worse than 66.23% of its industry peers.
  • In the last couple of years the Profit Margin of ENI has grown nicely.
  • With a Operating Margin value of 8.45%, ENI is not doing good in the industry: 70.13% of the companies in the same industry are doing better.
  • In the last couple of years the Operating Margin of ENI has declined.
  • ENI has a Gross Margin of 32.24%. This is in the lower half of the industry: ENI underperforms 64.94% of its industry peers.
  • In the last couple of years the Gross Margin of ENI has declined.
Industry RankSector Rank
OM 8.45%
PM (TTM) 3.46%
GM 32.24%
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%
ENI.MI Yearly Profit, Operating, Gross MarginsENI.MI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 40

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ROAROEROICOperating and Profit MarginShow most profitable peers

4

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
  • The debt/assets ratio for ENI is higher compared to a year ago.
ENI.MI Yearly Shares OutstandingENI.MI Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B
ENI.MI Yearly Total Debt VS Total AssetsENI.MI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 50B 100B 150B

2.2 Solvency

  • An Altman-Z score of 1.93 indicates that ENI is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 1.93, ENI is in line with its industry, outperforming 53.25% of the companies in the same industry.
  • The Debt to FCF ratio of ENI is 8.83, which is on the high side as it means it would take ENI, 8.83 years of fcf income to pay off all of its debts.
  • With a Debt to FCF ratio value of 8.83, ENI perfoms like the industry average, outperforming 41.56% of the companies in the same industry.
  • ENI has a Debt/Equity ratio of 0.61. This is a neutral value indicating ENI is somewhat dependend on debt financing.
  • With a Debt to Equity ratio value of 0.61, ENI perfoms like the industry average, outperforming 42.86% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.61
Debt/FCF 8.83
Altman-Z 1.93
ROIC/WACC1.23
WACC6.19%
ENI.MI Yearly LT Debt VS Equity VS FCFENI.MI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10B 20B 30B 40B 50B

2.3 Liquidity

  • A Current Ratio of 1.16 indicates that ENI should not have too much problems paying its short term obligations.
  • The Current ratio of ENI (1.16) is comparable to the rest of the industry.
  • A Quick Ratio of 0.98 indicates that ENI may have some problems paying its short term obligations.
  • Looking at the Quick ratio, with a value of 0.98, ENI is in line with its industry, outperforming 44.16% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.16
Quick Ratio 0.98
ENI.MI Yearly Current Assets VS Current LiabilitesENI.MI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 20B 40B 60B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

3

3. Growth

3.1 Past

  • ENI shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -19.67%.
  • The Earnings Per Share has been growing by 14.87% on average over the past years. This is quite good.
  • The Revenue has decreased by -5.13% in the past year.
  • The Revenue has been growing slightly by 4.91% on average over the past years.
EPS 1Y (TTM)-19.67%
EPS 3Y7.34%
EPS 5Y14.87%
EPS Q2Q%-2.56%
Revenue 1Y (TTM)-5.13%
Revenue growth 3Y5.06%
Revenue growth 5Y4.91%
Sales Q2Q%-3.86%

3.2 Future

  • Based on estimates for the next years, ENI will show a small growth in Earnings Per Share. The EPS will grow by 5.67% on average per year.
  • ENI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.87% yearly.
EPS Next Y-3.46%
EPS Next 2Y-1.95%
EPS Next 3Y4.3%
EPS Next 5Y5.67%
Revenue Next Year-4.55%
Revenue Next 2Y-3.04%
Revenue Next 3Y-0.64%
Revenue Next 5Y0.87%

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.
ENI.MI Yearly Revenue VS EstimatesENI.MI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 20B 40B 60B 80B 100B
ENI.MI Yearly EPS VS EstimatesENI.MI Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 1 2 3

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Find the best growth stocksShow best growing peers

6

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 12.64 indicates a correct valuation of ENI.
  • ENI's Price/Earnings ratio is a bit cheaper when compared to the industry. ENI is cheaper than 68.83% of the companies in the same industry.
  • ENI's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.99.
  • A Price/Forward Earnings ratio of 11.93 indicates a reasonable valuation of ENI.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of ENI indicates a somewhat cheap valuation: ENI is cheaper than 68.83% of the companies listed in the same industry.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 28.06, ENI is valued rather cheaply.
Industry RankSector Rank
PE 12.64
Fwd PE 11.93
ENI.MI Price Earnings VS Forward Price EarningsENI.MI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • 94.81% of the companies in the same industry are more expensive than ENI, based on the Enterprise Value to EBITDA ratio.
  • Based on the Price/Free Cash Flow ratio, ENI is valued cheaper than 88.31% of the companies in the same industry.
Industry RankSector Rank
P/FCF 6.99
EV/EBITDA 1.84
ENI.MI Per share dataENI.MI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60 80

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)0.85
EPS Next 2Y-1.95%
EPS Next 3Y4.3%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

7

5. Dividend

5.1 Amount

  • ENI has a Yearly Dividend Yield of 5.63%, which is a nice return.
  • Compared to an average industry Dividend Yield of 5.19, ENI pays a better dividend. On top of this ENI pays more dividend than 84.42% of the companies listed in the same industry.
  • ENI's Dividend Yield is rather good when compared to the S&P500 average which is at 1.81.
Industry RankSector Rank
Dividend Yield 5.63%

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 69.77% of its income as dividend. This is not a sustainable payout ratio.
  • ENI's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP69.77%
EPS Next 2Y-1.95%
EPS Next 3Y4.3%
ENI.MI Yearly Income VS Free CF VS DividendENI.MI Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5B -5B 10B
ENI.MI Dividend Payout.ENI.MI Dividend Payout, showing the Payout Ratio.ENI.MI Dividend Payout.PayoutRetained Earnings

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ENI SPA

BIT:ENI (2/20/2026, 5:36:15 PM)

18.578

-0.06 (-0.32%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)10-24
Earnings (Next)02-26
Inst Owners19.32%
Inst Owner ChangeN/A
Ins Owners3.1%
Ins Owner ChangeN/A
Market Cap27.42B
Revenue(TTM)128.25B
Net Income(TTM)4.44B
Analysts68.67
Price Target17.03 (-8.33%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 5.63%
Yearly Dividend0.97
Dividend Growth(5Y)2.97%
DP69.77%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)18.9%
Min EPS beat(2)15.48%
Max EPS beat(2)22.32%
EPS beat(4)3
Avg EPS beat(4)10.61%
Min EPS beat(4)-9.34%
Max EPS beat(4)22.32%
EPS beat(8)5
Avg EPS beat(8)6.16%
EPS beat(12)8
Avg EPS beat(12)7.11%
EPS beat(16)12
Avg EPS beat(16)9.28%
Revenue beat(2)1
Avg Revenue beat(2)-1.97%
Min Revenue beat(2)-5.56%
Max Revenue beat(2)1.61%
Revenue beat(4)2
Avg Revenue beat(4)1.69%
Min Revenue beat(4)-8.64%
Max Revenue beat(4)19.36%
Revenue beat(8)2
Avg Revenue beat(8)-6.25%
Revenue beat(12)3
Avg Revenue beat(12)1.35%
Revenue beat(16)7
Avg Revenue beat(16)24%
PT rev (1m)1.07%
PT rev (3m)3.98%
EPS NQ rev (1m)-11.98%
EPS NQ rev (3m)-2.63%
EPS NY rev (1m)-0.31%
EPS NY rev (3m)2.03%
Revenue NQ rev (1m)-0.93%
Revenue NQ rev (3m)-0.21%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.74%
Valuation
Industry RankSector Rank
PE 12.64
Fwd PE 11.93
P/S 0.21
P/FCF 6.99
P/OCF 2.18
P/B 0.56
P/tB 0.63
EV/EBITDA 1.84
EPS(TTM)1.47
EY7.91%
EPS(NY)1.56
Fwd EY8.38%
FCF(TTM)2.66
FCFY14.32%
OCF(TTM)8.54
OCFY45.96%
SpS86.9
BVpS33.37
TBVpS29.29
PEG (NY)N/A
PEG (5Y)0.85
Graham Number33.22
Profitability
Industry RankSector Rank
ROA 3.29%
ROE 9.02%
ROCE 10.72%
ROIC 7.59%
ROICexc 8.9%
ROICexgc 9.52%
OM 8.45%
PM (TTM) 3.46%
GM 32.24%
FCFM 3.06%
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%
ROICexgc growth 3Y-17.17%
ROICexgc 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 Turnover0.95
Health
Industry RankSector Rank
Debt/Equity 0.61
Debt/FCF 8.83
Debt/EBITDA 1.65
Cap/Depr 117.07%
Cap/Sales 6.76%
Interest Coverage 8.45
Cash Conversion 69.06%
Profit Quality 88.36%
Current Ratio 1.16
Quick Ratio 0.98
Altman-Z 1.93
F-Score5
WACC6.19%
ROIC/WACC1.23
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)-19.67%
EPS 3Y7.34%
EPS 5Y14.87%
EPS Q2Q%-2.56%
EPS Next Y-3.46%
EPS Next 2Y-1.95%
EPS Next 3Y4.3%
EPS Next 5Y5.67%
Revenue 1Y (TTM)-5.13%
Revenue growth 3Y5.06%
Revenue growth 5Y4.91%
Sales Q2Q%-3.86%
Revenue Next Year-4.55%
Revenue Next 2Y-3.04%
Revenue Next 3Y-0.64%
Revenue Next 5Y0.87%
EBIT growth 1Y-33.43%
EBIT growth 3Y-12.34%
EBIT growth 5Y-0.16%
EBIT Next Year56.27%
EBIT Next 3Y18.96%
EBIT Next 5Y15.72%
FCF growth 1Y-36.91%
FCF growth 3Y-15.49%
FCF growth 5Y2.8%
OCF growth 1Y-18.9%
OCF growth 3Y0.6%
OCF growth 5Y1.12%

ENI SPA / ENI.MI FAQ

What is the ChartMill fundamental rating of ENI SPA (ENI.MI) stock?

ChartMill assigns a fundamental rating of 4 / 10 to ENI.MI.


What is the valuation status for ENI stock?

ChartMill assigns a valuation rating of 6 / 10 to ENI SPA (ENI.MI). This can be considered as Fairly Valued.


Can you provide the profitability details for ENI SPA?

ENI SPA (ENI.MI) has a profitability rating of 4 / 10.


How financially healthy is ENI SPA?

The financial health rating of ENI SPA (ENI.MI) is 4 / 10.


How sustainable is the dividend of ENI SPA (ENI.MI) stock?

The dividend rating of ENI SPA (ENI.MI) is 7 / 10 and the dividend payout ratio is 69.77%.