(ENI) Eni S.p.A. - Overview

Sector: Energy | Industry: Oil & Gas Integrated | Exchange: MI (Italy) | Market Cap: 69.341m EUR | Total Return: 88.6% in 12m

Crude Oil, Natural Gas, Biofuels, Electricity, Chemicals
Total Rating 58
Safety 74
Buy Signal 0.31
Oil & Gas Integrated
Industry Rotation: +14.9
Market Cap: 80.7B
Avg Turnover: 210M
Risk 3d forecast
Volatility23.7%
VaR 5th Pctl4.36%
VaR vs Median11.4%
Reward TTM
Sharpe Ratio2.72
Rel. Str. IBD87.8
Rel. Str. Peer Group77.5
Character TTM
Beta0.259
Beta Downside0.200
Hurst Exponent0.392
Drawdowns 3y
Max DD23.50%
CAGR/Max DD1.25
CAGR/Mean DD6.28
EPS (Earnings per Share) EPS (Earnings per Share) of ENI over the last years for every Quarter: "2021-03": 0.08, "2021-06": 0.24, "2021-09": 0.4, "2021-12": 0.58, "2022-03": 0.91, "2022-06": 1.07, "2022-09": 1.06, "2022-12": 0.74, "2023-03": 0.86, "2023-06": 0.57, "2023-09": 0.54, "2023-12": 0.49, "2024-03": 0.48, "2024-06": 0.47, "2024-09": 0.39, "2024-12": 0.07, "2025-03": 0.4517, "2025-06": 0.36, "2025-09": 0.41, "2025-12": 0.39, "2026-03": 0.34,
EPS CAGR: -25.89%
EPS Trend: -87.7%
Last SUE: -1.45
Qual. Beats: -1
Revenue Revenue of ENI over the last years for every Quarter: 2021-03: 14494, 2021-06: 16294, 2021-09: 19021, 2021-12: 26761, 2022-03: 32129, 2022-06: 31556, 2022-09: 37302, 2022-12: 31525, 2023-03: 27185, 2023-06: 19591, 2023-09: 22319, 2023-12: 24622, 2024-03: 22936, 2024-06: 21715, 2024-09: 20658, 2024-12: 44146, 2025-03: 22565, 2025-06: 41332, 2025-09: 20204, 2025-12: 40819, 2026-03: 19742,
Rev. CAGR: 10.72%
Rev. Trend: 64.6%
Last SUE: -0.58
Qual. Beats: 0

Warnings

Below Avwap Earnings

Tailwinds

Rs(ibd) Leader, Idiosyncratic Leader, Favorite, Confidence

Description: ENI Eni S.p.A.

Eni S.p.A. is a Rome-based integrated energy company operating across the entire hydrocarbon value chain, including exploration, production, refining, and chemicals. The company manages a diverse portfolio that spans traditional oil and gas assets, liquefied natural gas (LNG) logistics, and power generation across Europe, Africa, and the Americas.

The business model increasingly emphasizes a dual-track strategy, balancing legacy fossil fuel extraction with a transition toward renewable energy, biofuels, and electric vehicle charging infrastructure. As an integrated major, Eni utilizes its midstream and downstream segments to mitigate the impact of upstream commodity price volatility. Investors can gain deeper insights into the companys financial health by exploring the data on ValueRay.

The Integrated Oil & Gas sector is characterized by high capital intensity and a growing shift toward decarbonization through carbon capture and bio-feedstock integration. Enis Plenitude and Enilive segments specifically target these evolving markets in retail energy and sustainable mobility.

Headlines to Watch Out For
  • Brent crude oil price volatility dictates upstream exploration and production margins
  • Natural gas supply disruptions in Europe impact global gas and LNG profitability
  • Plenitude and Enilive spinoffs unlock shareholder value through energy transition business units
  • Production growth in North African and sub-Saharan assets offsets mature field declines
  • European carbon credit pricing and environmental regulations increase downstream operational costs
Piotroski VR-10 (Strict) 5.5
Net Income: 4.48b TTM > 0 and > 6% of Revenue
FCF/TA: 0.02 > 0.02 and ΔFCF/TA -1.88 > 1.0
NWC/Revenue: 17.88% < 20% (prev 5.33%; Δ 12.54% < -1%)
CFO/TA 0.20 > 3% & CFO 29.6b > Net Income 4.48b
Net Debt (-2.69b) to EBITDA (14.2b): -0.19 < 3
Current Ratio: 1.47 > 1.5 & < 3
Outstanding Shares: last quarter (2.94b) vs 12m ago -3.73% < -2%
Gross Margin: 20.44% > 18% (prev 0.25%; Δ 2.02k% > 0.5%)
Asset Turnover: 83.58% > 50% (prev 75.51%; Δ 8.07% > 0%)
Interest Coverage Ratio: 1.60 > 6 (EBITDA TTM 14.2b / Interest Expense TTM 4.43b)
Altman Z'' 2.49
A: 0.15 (Total Current Assets 68.1b - Total Current Liabilities 46.3b) / Total Assets 148b
B: 0.24 (Retained Earnings 35.8b / Total Assets 148b)
C: 0.05 (EBIT TTM 7.09b / Avg Total Assets 146b)
D: 0.38 (Book Value of Equity 35.8b / Total Liabilities 93.4b)
Altman-Z'' = 2.49 = A
Beneish M -3.31
DSRI: 0.77 (Receivables 14.5b/17.0b, Revenue 122b/109b)
GMI: 1.25 (GM 20.44% / 25.48%)
AQI: 0.61 (AQ_t 0.17 / AQ_t-1 0.28)
SGI: 1.12 (Revenue 122b / 109b)
TATA: -0.17 (NI 4.48b - CFO 29.6b) / TA 148b)
Beneish M = -3.31 (Cap -4..+1) = AA
What is the price of ENI shares?

As of May 26, 2026, the stock is trading at EUR 23.04 with a total of 6,528,200 shares traded.
Over the past week, the price has changed by -4.00%, over one month by +1.32%, over three months by +24.79% and over the past year by +88.57%.

Is ENI a buy, sell or hold?

Eni S.p.A. has no consensus analysts rating.

Eni S.p.A. (ENI) - Fundamental Data Overview as of 23 May 2026
Market Cap USD = 80.7b (69.3b EUR * 1.1641 EUR.USD)
P/E Trailing = 23.8283
P/E Forward = 9.8328
P/S = 0.8208
P/B = 1.4215
P/EG = 0.4361
Revenue TTM = 122b EUR
EBIT TTM = 7.09b EUR
EBITDA TTM = 14.2b EUR
Long Term Debt = 21.7b EUR (from longTermDebt, last quarter)
Short Term Debt = 9.20b EUR (from shortLongTermDebt, last quarter)
Debt = 5.63b EUR (Leases only: 5.63b)
Net Debt = -2.69b EUR (calculated: Debt 5.63b - CCE 8.32b)
Enterprise Value = 66.7b EUR (69.3b + Debt 5.63b - CCE 8.32b)
Interest Coverage Ratio = 1.60 (Ebit TTM 7.09b / Interest Expense TTM 4.43b)
EV/FCF = 26.36x (Enterprise Value 66.7b / FCF TTM 2.53b)
FCF Yield = 3.79% (FCF TTM 2.53b / Enterprise Value 66.7b)
FCF Margin = 2.07% (FCF TTM 2.53b / Revenue TTM 122b)
Net Margin = 3.67% (Net Income TTM 4.48b / Revenue TTM 122b)
Gross Margin = 20.44% ((Revenue TTM 122b - Cost of Revenue TTM 97.1b) / Revenue TTM)
Gross Margin QoQ = 10.13% (prev 21.99%)
Tobins Q-Ratio = 0.45 (Enterprise Value 66.7b / Total Assets 148b)
 Interest Expense / Debt = 78.80% (Interest Expense 4.43b / Debt 5.63b)
 Taxrate = 25.0% (EU avg default 25%)
NOPAT = 5.32b (EBIT 7.09b * (1 - 25.00%))
Current Ratio = 1.47 (Total Current Assets 68.1b / Total Current Liabilities 46.3b)
Debt / Equity = 0.11 (Debt 5.63b / totalStockholderEquity, last quarter 49.2b)
Debt / EBITDA = -0.19 (Net Debt -2.69b / EBITDA 14.2b)
Debt / FCF = -1.06 (Net Debt -2.69b / FCF TTM 2.53b)
Total Stockholder Equity = 49.0b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.07% (Net Income 4.48b / Total Assets 148b)
RoE = 9.14% (Net Income TTM 4.48b / Total Stockholder Equity 49.0b)
RoCE = 10.02% (EBIT 7.09b / Capital Employed (Equity 49.0b + L.T.Debt 21.7b))
RoIC = 5.35% (NOPAT 5.32b / Invested Capital 99.5b)
WACC = 6.37% (E(69.3b)/V(75.0b) * Re(6.89%) + (debt cost/tax rate unavailable))
Discount Rate = 6.89% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -95.56 | Cagr: -3.73%
[DCF] Terminal Value 73.10% ; FCFF base≈3.60b ; Y1≈3.15b ; Y5≈2.55b
[DCF] Fair Price = 14.83 (EV 40.9b - Net Debt -2.69b = Equity 43.6b / Shares 2.94b; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: -87.74 | EPS CAGR: -25.89% | SUE: -1.45 | # QB: -1
Revenue Correlation: 64.55 | Revenue CAGR: 10.72% | SUE: -0.58 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.75 | Chg30d=+8.81% | Revisions=-14% | Analysts=4
EPS next Quarter (2026-09-30): EPS=0.66 | Chg30d=+3.87% | Revisions=+14% | Analysts=4
EPS current Year (2026-12-31): EPS=2.60 | Chg30d=+5.45% | Revisions=+42% | GrowthEPS=+65.4% | GrowthRev=+30.2%
EPS next Year (2027-12-31): EPS=2.33 | Chg30d=+5.24% | Revisions=+58% | GrowthEPS=-10.3% | GrowthRev=-10.6%
[Analyst] Revisions Ratio: +58%