ENI Stock Analysis: Eni S.p.A. | MI
Oil & Gas Integrated | MI, Italy | Market Cap: 69.707m EUR | 12M Return: 63.4% | IT0003132476 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 187M
EPS Trend: -70.6%
Qual. Beats: 1
Rev. Trend: 69.3%
Qual. Beats: -1
Warnings
Tailwinds
Seasonality 11.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Eni S.p.A. is an Italian integrated energy company headquartered in Rome, founded in 1953 and listed on the Milan Stock Exchange. It operates across the full energy value chain through six segments: Exploration & Production (upstream oil and gas); Global Gas & LNG Portfolio and Power (wholesale gas, LNG trading, and power generation); Refining and Chemicals (basic and petrochemical products); Enilive (biofuels, biomethane, and mobility services); Plenitude (retail gas and power, renewable energy generation, and EV charging networks); and Corporate and Other Activities. The company has a global footprint spanning Europe, North America, Asia, and Africa.
As a major integrated oil and gas player, Enis business model combines traditional hydrocarbon activities (upstream production, refining, and chemicals) with growing investments in the energy transition, notably through its Plenitude retail/renewables arm and the Enilive biofuels business. This dual structure of legacy fossil fuel operations alongside renewable power generation and electric mobility infrastructure is characteristic of European integrated energy majors adapting to decarbonization pressures and shifting demand patterns.
- Brent crude price swings drive Exploration and Production segment earnings
- TTF European gas prices normalize pressuring LNG trading margins
- Plenitude IPO listing accelerates renewable and retail valuation
| Net Income: 6.09b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.02 > 0.02 and ΔFCF/TA -0.76 > 1.0 |
| NWC/Revenue: 19.40% < 20% (prev 4.93%; Δ 14.48% < -1%) |
| CFO/TA 0.19 > 3% & CFO 28.0b > Net Income 6.09b |
| Net Debt (-2.92b) to EBITDA (13.2b): -0.22 < 3 |
| Current Ratio: 1.48 > 1.5 & < 3 |
| Outstanding Shares: last quarter (2.91b) vs 12m ago -3.91% < -2% |
| Gross Margin: 16.95% > 18% (prev 27.49%; Δ -10.54% > 0.5%) |
| Asset Turnover: 72.79% > 50% (prev 94.49%; Δ -21.70% > 0%) |
| Interest Coverage Ratio: 1.02 > 6 (EBIT TTM 6.20b / Interest Expense TTM 6.07b) |
| A: 0.14 (Total Current Assets 61.7b - Total Current Liabilities 41.7b) / Total Assets 147b |
| B: 0.26 (Retained Earnings 37.8b / Total Assets 147b) |
| C: 0.04 (EBIT TTM 6.20b / Avg Total Assets 142b) |
| D: 0.58 (Book Value of Equity 52.0b / Total Liabilities 90.1b) |
| Altman-Z'' = 2.63 = A |
| DSRI: 1.18 (Receivables 9.04b/9.56b, Revenue 103b/129b) |
| GMI: 1.62 (GM 27.49% / 16.95%) |
| AQI: 0.78 (AQ_t 0.21 / AQ_t-1 0.27) |
| SGI: 0.80 (Revenue 103b / 129b) |
| TATA: -0.15 (NI 6.09b - CFO 28.0b) / TA 147b) |
| Beneish M = -2.60 (Cap -4..+1) = A |
As of August 25, 2026, the stock is trading at EUR 23.54 with a total of 7,332,667 shares traded. Over the past week, the price has changed by -1.01%, over one month by +2.50%, over three months by +2.15% and over the past year by +63.36%.
Current recommended Stop Loss: 22.70 (which is 3.6% or 1.6 ATR below the current price).
Eni S.p.A. has no consensus analysts rating.
P/E Trailing = 12.5729
P/E Forward = 9.1075
P/S = 0.7751
P/B = 1.3405
P/EG = 0.4041
Revenue TTM = 103b EUR
EBIT TTM = 6.20b EUR
EBITDA TTM = 13.2b EUR
Long Term Debt = 23.8b EUR (from longTermDebt, last quarter)
Short Term Debt = 7.04b EUR (from shortLongTermDebt, last quarter)
Debt = 5.44b EUR (Leases only: 5.44b)
Net Debt = -2.92b EUR (calculated: Debt 5.44b - CCE 8.37b)
Enterprise Value = 66.8b EUR (69.7b + Debt 5.44b - CCE 8.37b)
Interest Coverage Ratio = 1.02 (Ebit TTM 6.20b / Interest Expense TTM 6.07b)
EV/FCF = 20.74x (Enterprise Value 66.8b / FCF TTM 3.22b)
FCF Yield = 4.82% (FCF TTM 3.22b / Enterprise Value 66.8b)
FCF Margin = 3.12% (FCF TTM 3.22b / Revenue TTM 103b)
Net Margin = 5.90% (Net Income TTM 6.09b / Revenue TTM 103b)
Gross Margin = 16.95% ((Revenue TTM 103b - Cost of Revenue TTM 85.6b) / Revenue TTM)
Gross Margin QoQ = 12.58% (prev 10.13%)
Tobins Q-Ratio = 0.45 (Enterprise Value 66.8b / Total Assets 147b)
Interest Expense / Debt = 111.5% (Interest Expense 6.07b / Debt 5.44b)
Taxrate = 45.68% (3.84b / 8.40b)
NOPAT = 3.37b (EBIT 6.20b * (1 - 45.68%))
Current Ratio = 1.48 (Total Current Assets 61.7b / Total Current Liabilities 41.7b)
Debt / Equity = 0.10 (Debt 5.44b / totalStockholderEquity, last quarter 52.0b)
Debt / EBITDA = -0.22 (Net Debt -2.92b / EBITDA 13.2b)
Debt / FCF = -0.91 (Net Debt -2.92b / FCF TTM 3.22b)
Total Stockholder Equity = 49.6b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.30% (Net Income 6.09b / Total Assets 147b)
RoE = 12.27% (Net Income TTM 6.09b / Total Stockholder Equity 49.6b)
RoCE = 8.44% (EBIT 6.20b / Capital Employed (Equity 49.6b + L.T.Debt 23.8b))
RoIC = 3.20% (NOPAT 3.37b / Invested Capital 105b)
WACC = 5.65% (E(69.7b)/V(75.1b) * Re(6.09%) + (debt cost/tax rate unavailable))
Discount Rate = 6.09% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -96.02 | Cagr: -3.73%
[DCF] Terminal Value 73.10% ; FCFF base≈3.54b ; Y1≈3.10b ; Y5≈2.51b
[DCF] Fair Price = 14.95 (EV 40.3b - Net Debt -2.92b = Equity 43.2b / Shares 2.89b; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: -70.62 | EPS CAGR: -14.30% | SUE: 1.12 | # QB: 1
Revenue Correlation: 69.27 | Revenue CAGR: 11.43% | SUE: -1.16 | # QB: -1
EPS current Quarter (2026-09-30): EPS=0.74 | Chg30d=+12.50% | Revisions=+29% | Analysts=4
EPS current Year (2026-12-31): EPS=2.63 | Chg30d=+6.41% | Revisions=+19% | GrowthEPS=+67.6% | GrowthRev=+21.4%
EPS next Year (2027-12-31): EPS=2.31 | Chg30d=+1.49% | Revisions=+29% | GrowthEPS=-12.1% | GrowthRev=-11.4%
[Analyst] Revisions Ratio: +28% (up=26, down=14)