ENI SPA (ENI.MI) Stock Fundamental Analysis
BIT:ENI - Euronext Milan - IT0003132476 - Common Stock - Currency: EUR
Taking everything into account, ENI scores 4 out of 10 in our fundamental rating. ENI was compared to 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 it does not seem to be growing. 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.
ENI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
ENI's Return On Assets of 2.99% is on the low side compared to the rest of the industry. ENI is outperformed by 62.30% of its industry peers.
ENI has a Return On Equity (8.06%) which is in line with its industry peers.
The Return On Invested Capital of ENI (8.69%) is better than 67.21% of its industry peers.
ENI had an Average Return On Invested Capital over the past 3 years of 8.87%. This is significantly below the industry average of 14.55%.
| 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
Looking at the Profit Margin, with a value of 3.27%, ENI is doing worse than 77.05% of the companies in the same industry.
ENI's Profit Margin has improved in the last couple of years.
ENI has a worse Operating Margin (9.87%) than 77.05% of its industry peers.
ENI's Operating Margin has declined in the last couple of years.
ENI has a worse Gross Margin (32.96%) than 67.21% 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.
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.
Compared to 1 year ago, ENI has a worse debt to assets ratio.
2.2 Solvency
ENI has an Altman-Z score of 1.84. This is not the best score and indicates that ENI is in the grey zone with still only limited risk for bankruptcy at the moment.
ENI's Altman-Z score of 1.84 is in line compared to the rest of the industry. ENI outperforms 49.18% of its industry peers.
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.
ENI has a Debt to FCF ratio (6.89) which is in line with its industry peers.
A Debt/Equity ratio of 0.56 indicates that ENI is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.56, ENI is in line with its industry, outperforming 42.62% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.56 | ||
| Debt/FCF | 6.89 | ||
| Altman-Z | 1.84 |
ROIC/WACC1.34
WACC6.49%
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 Current ratio of 1.16. This is in the lower half of the industry: ENI underperforms 70.49% of its industry peers.
A Quick Ratio of 1.00 indicates that ENI should not have too much problems paying its short term obligations.
ENI has a Quick ratio of 1.00. This is in the lower half of the industry: ENI underperforms 62.30% 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.
Measured over the past years, ENI shows a quite strong growth in Earnings Per Share. The EPS has been growing by 14.87% on average per year.
The Revenue has decreased by -5.00% in the past year.
ENI shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.91% yearly.
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, ENI will show a small growth in Earnings Per Share. The EPS will grow by 6.80% on average per year.
Based on estimates for the next years, ENI will show a small growth in Revenue. The Revenue will grow by 0.95% 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 5Y0.95%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less 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
A Price/Earnings ratio of 9.00 indicates a reasonable valuation of ENI.
ENI's Price/Earnings ratio is a bit cheaper when compared to the industry. ENI is cheaper than 70.49% of the companies in the same industry.
ENI is valuated cheaply when we compare the Price/Earnings ratio to 26.34, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 8.20, which indicates a very decent valuation of ENI.
Based on the Price/Forward Earnings ratio, ENI is valued a bit cheaper than the industry average as 68.85% of the companies are valued more expensively.
ENI is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.19, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9 | ||
| Fwd PE | 8.2 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ENI is valued cheaper than 93.44% of the companies in the same industry.
83.61% of the companies in the same industry are more expensive than ENI, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.2 | ||
| EV/EBITDA | 1.44 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)0.61
EPS Next 2Y3.75%
EPS Next 3Y7.49%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 7.58%, ENI is a good candidate for dividend investing.
ENI's Dividend Yield is a higher than the industry average which is at 57.35.
Compared to an average S&P500 Dividend Yield of 2.40, ENI pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.58% |
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 (6/20/2025, 5:36:15 PM)
14.306
+0.05 (+0.35%)
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 Cap21.83B
Analysts71.33
Price Target15.05 (5.2%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.58% |
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)-8.07%
EPS NQ rev (1m)-11.24%
EPS NQ rev (3m)-27.27%
EPS NY rev (1m)0%
EPS NY rev (3m)-12.07%
Revenue NQ rev (1m)-2.25%
Revenue NQ rev (3m)-20.3%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-6.19%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9 | ||
| Fwd PE | 8.2 | ||
| P/S | 0.17 | ||
| P/FCF | 4.2 | ||
| P/OCF | 1.61 | ||
| P/B | 0.41 | ||
| P/tB | 0.46 | ||
| EV/EBITDA | 1.44 |
EPS(TTM)1.59
EY11.11%
EPS(NY)1.74
Fwd EY12.19%
FCF(TTM)3.4
FCFY23.8%
OCF(TTM)8.89
OCFY62.17%
SpS86.51
BVpS35.09
TBVpS30.87
PEG (NY)N/A
PEG (5Y)0.61
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
WACC6.49%
ROIC/WACC1.34
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 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%