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 58 industry peers in the Oil, Gas & Consumable Fuels industry. ENI scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. ENI is cheap, but on the other hand it scores bad on growth. ENI also has an excellent dividend rating.
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.
1.2 Ratios
The Return On Assets of ENI (2.99%) is worse than 63.79% of its industry peers.
Looking at the Return On Equity, with a value of 8.06%, ENI is doing worse than 65.52% of the companies in the same industry.
ENI has a better Return On Invested Capital (8.69%) than 60.34% 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 15.08%.
| 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
The Profit Margin of ENI (3.27%) is worse than 75.86% of its industry peers.
In the last couple of years the Profit Margin of ENI has grown nicely.
Looking at the Operating Margin, with a value of 9.87%, ENI is doing worse than 77.59% of the companies in the same industry.
ENI's Operating Margin has declined in the last couple of years.
ENI has a Gross Margin of 32.96%. This is in the lower half of the industry: ENI underperforms 68.97% of its industry peers.
In the last couple of years the Gross Margin of ENI has declined.
| 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
ENI has less shares outstanding than it did 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 1.82. 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 1.82 is in line compared to the rest of the industry. ENI outperforms 51.72% 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's Debt to FCF ratio of 6.89 is in line compared to the rest of the industry. ENI outperforms 46.55% of its industry peers.
A Debt/Equity ratio of 0.56 indicates that ENI is somewhat dependend on debt financing.
ENI has a Debt to Equity ratio (0.56) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.56 | ||
| Debt/FCF | 6.89 | ||
| Altman-Z | 1.82 |
ROIC/WACC1.36
WACC6.37%
2.3 Liquidity
A Current Ratio of 1.16 indicates that ENI should not have too much problems paying its short term obligations.
With a Current ratio value of 1.16, ENI is not doing good in the industry: 67.24% of the companies in the same industry are doing better.
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 62.07% 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 by -6.34% 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.
The Revenue has been growing slightly by 4.91% on average over the past years.
EPS 1Y (TTM)-6.34%
EPS 3Y7.34%
EPS 5Y14.87%
EPS Q2Q%68.36%
Revenue 1Y (TTM)-5%
Revenue growth 3Y5.06%
Revenue growth 5Y4.91%
Sales Q2Q%-7.48%
3.2 Future
The Earnings Per Share is expected to grow by 6.80% on average over the next years.
ENI is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -1.70% yearly.
EPS Next Y-3.55%
EPS Next 2Y3.75%
EPS Next 3Y7.49%
EPS Next 5Y6.8%
Revenue Next Year-1.99%
Revenue Next 2Y0.71%
Revenue Next 3Y2.41%
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
A Price/Earnings ratio of 6.48 indicates a rather cheap valuation of ENI.
Based on the Price/Earnings ratio, ENI is valued a bit cheaper than the industry average as 74.14% of the companies are valued more expensively.
ENI is valuated cheaply when we compare the Price/Earnings ratio to 28.18, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 7.25 indicates a rather cheap valuation of ENI.
Based on the Price/Forward Earnings ratio, ENI is valued a bit cheaper than 70.69% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 20.81, ENI is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.48 | ||
| Fwd PE | 7.25 |
4.2 Price Multiples
91.38% of the companies in the same industry are more expensive than ENI, based on the Enterprise Value to EBITDA ratio.
81.03% 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 | 3.72 | ||
| EV/EBITDA | 1.32 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)0.44
EPS Next 2Y3.75%
EPS Next 3Y7.49%
5. Dividend
5.1 Amount
ENI has a Yearly Dividend Yield of 7.87%, which is a nice return.
ENI's Dividend Yield is a higher than the industry average which is at 61.98.
Compared to an average S&P500 Dividend Yield of 2.45, ENI pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.87% |
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.
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 (5/5/2025, 12:18:17 PM)
12.64
-0.02 (-0.13%)
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 Cap19.31B
Analysts72.67
Price Target15.51 (22.71%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.87% |
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)47.69%
Min EPS beat(2)-9.34%
Max EPS beat(2)104.73%
EPS beat(4)3
Avg EPS beat(4)28.44%
Min EPS beat(4)-9.34%
Max EPS beat(4)104.73%
EPS beat(8)5
Avg EPS beat(8)15.08%
EPS beat(12)8
Avg EPS beat(12)13.41%
EPS beat(16)12
Avg EPS beat(16)18.55%
Revenue beat(2)1
Avg Revenue beat(2)1.89%
Min Revenue beat(2)-15.58%
Max Revenue beat(2)19.36%
Revenue beat(4)1
Avg Revenue beat(4)-5.05%
Min Revenue beat(4)-19.49%
Max Revenue beat(4)19.36%
Revenue beat(8)1
Avg Revenue beat(8)-14.12%
Revenue beat(12)4
Avg Revenue beat(12)17.3%
Revenue beat(16)8
Avg Revenue beat(16)31.55%
PT rev (1m)-5.03%
PT rev (3m)-5.94%
EPS NQ rev (1m)-18.06%
EPS NQ rev (3m)-14.68%
EPS NY rev (1m)-6.69%
EPS NY rev (3m)-12.41%
Revenue NQ rev (1m)-18.47%
Revenue NQ rev (3m)-14.41%
Revenue NY rev (1m)-2.06%
Revenue NY rev (3m)-2.65%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.48 | ||
| Fwd PE | 7.25 | ||
| P/S | 0.15 | ||
| P/FCF | 3.72 | ||
| P/OCF | 1.42 | ||
| P/B | 0.36 | ||
| P/tB | 0.41 | ||
| EV/EBITDA | 1.32 |
EPS(TTM)1.95
EY15.43%
EPS(NY)1.74
Fwd EY13.8%
FCF(TTM)3.4
FCFY26.91%
OCF(TTM)8.89
OCFY70.3%
SpS86.42
BVpS35.06
TBVpS30.84
PEG (NY)N/A
PEG (5Y)0.44
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
WACC6.37%
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)-6.34%
EPS 3Y7.34%
EPS 5Y14.87%
EPS Q2Q%68.36%
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%-7.48%
Revenue Next Year-1.99%
Revenue Next 2Y0.71%
Revenue Next 3Y2.41%
Revenue Next 5Y-1.7%
EBIT growth 1Y-22.88%
EBIT growth 3Y-12.34%
EBIT growth 5Y-0.16%
EBIT Next Year59.87%
EBIT Next 3Y21%
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%