(E) Eni SpA - Ratings and Ratios

Exchange: NYSE • Country: Italy • Currency: USD • Type: Common Stock • ISIN: US26874R1086

Crude Oil, Natural Gas, Refined Fuels, Chemicals, Renewable Energy

E EPS (Earnings per Share)

EPS (Earnings per Share) of E over the last years for every Quarter: "2020-09": -0.094, "2020-12": 0.0485, "2021-03": 0.1932, "2021-06": 0.5703, "2021-09": 0.9272, "2021-12": 1.31, "2022-03": 2.1, "2022-06": 2.18, "2022-09": 2.1, "2022-12": 1.57, "2023-03": 1.55, "2023-06": 1.26, "2023-09": 1.17, "2023-12": 1.05, "2024-03": 0.8052, "2024-06": 0.4379, "2024-09": 0.3558, "2024-12": 0.5843, "2025-03": 0.7892, "2025-06": 0.16, "2025-09": 0.6105,

E Revenue

Revenue of E over the last years for every Quarter: 2020-09: 10326, 2020-12: 11631, 2021-03: 14494, 2021-06: 16294, 2021-09: 19021, 2021-12: 26766, 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: 23972, 2025-03: 22565, 2025-06: 18767, 2025-09: 20.722,

Description: E Eni SpA September 26, 2025

E​ni S.p.A. (NYSE: E) is an integrated energy group headquartered in Rome that operates across the full value chain-from upstream exploration and production of oil, condensates, and natural gas to downstream refining, chemicals, power generation, and retail energy services-in Italy, the broader EU, the United States, Asia, Africa, and other international markets.

Its business is organized into six segments: Exploration & Production; Global Gas & LNG Portfolio & Power; Refining & Chemicals; Enilive (retail gas, electricity, and smart-mobility services); Plenitude (renewable power and biofuels); and Corporate & Other Activities. The company also develops and markets bio-feedstock, biomethane, plastics, elastomers, and operates an expanding EV-charging network.

Key quantitative signals (as of 2023-24): • Upstream production averaged 1.7 million boe/d, with a +5 % YoY increase in natural-gas output driven by new fields in the U.S. and North Africa. • Consolidated net profit was €4.2 billion, reflecting a ~30 % rebound from the pandemic trough and a ~15 % dividend yield on the current share price. • Capital expenditure (CapEx) for 2024 is projected at €9–10 billion, with ≈ €3 billion earmarked for LNG infrastructure and ≈ €2 billion for renewable-energy projects under the Plenitude brand. These figures illustrate the firm’s dual focus on traditional hydrocarbons and a transition to lower-carbon assets.

Strategic drivers that will shape Eni’s near-term performance include: • European gas price volatility and the EU’s push for energy security, which boosts demand for Eni’s LNG trading and pipeline supply business. • Decarbonisation policies that incentivise biofuel production and renewable-power generation, directly supporting the Plenitude segment. • Global crude-oil price cycles, which affect upstream margins and the profitability of its refining and petrochemical operations.

For a deeper quantitative assessment of Eni’s valuation metrics, the ValueRay platform provides a granular view of its forward cash-flow assumptions and scenario-based risk analyses.

E Stock Overview

Market Cap in USD 54,673m
Sub-Industry Integrated Oil & Gas
IPO / Inception 1995-11-27

E Stock Ratings

Growth Rating 86.2%
Fundamental 50.0%
Dividend Rating 77.2%
Return 12m vs S&P 500 14.3%
Analyst Rating 3.0 of 5

E Dividends

Dividend Yield 12m 7.14%
Yield on Cost 5y 20.87%
Annual Growth 5y 14.64%
Payout Consistency 93.5%
Payout Ratio 98.1%

E Growth Ratios

Growth Correlation 3m 58.9%
Growth Correlation 12m 90.3%
Growth Correlation 5y 91.4%
CAGR 5y 15.50%
CAGR/Max DD 3y (Calmar Ratio) 0.77
CAGR/Mean DD 3y (Pain Ratio) 2.89
Sharpe Ratio 12m 2.60
Alpha 17.89
Beta 0.547
Volatility 18.49%
Current Volume 181.3k
Average Volume 20d 237.2k
Stop Loss 35.9 (-3.1%)
Signal 0.01

Piotroski VR‑10 (Strict, 0-10) 3.0

Net Income (1.96b TTM) > 0 and > 6% of Revenue (6% = 3.92b TTM)
FCFTA 0.03 (>2.0%) and ΔFCFTA -0.99pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue 8.54% (prev 8.18%; Δ 0.36pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.09 (>3.0%) and CFO 12.52b > Net Income 1.96b (YES >=105%, WARN >=100%)
Net Debt (22.20b) to EBITDA (16.95b) ratio: 1.31 <= 3.0 (WARN <= 3.5)
Current Ratio 1.16 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (7450 ) change vs 12m ago -100.00% (target <= -2.0% for YES)
Gross Margin 13.88% (prev 11.31%; Δ 2.58pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 47.62% (prev 64.53%; Δ -16.91pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio 2.56 (EBITDA TTM 16.95b / Interest Expense TTM 4.24b) >= 6 (WARN >= 3)

Altman Z'' 2.14

(A) 0.04 = (Total Current Assets 39.48b - Total Current Liabilities 33.91b) / Total Assets 134.99b
(B) 0.25 = Retained Earnings (Balance) 34.10b / Total Assets 134.99b
(C) 0.08 = EBIT TTM 10.85b / Avg Total Assets 137.17b
(D) 0.49 = Book Value of Equity 40.28b / Total Liabilities 82.02b
Total Rating: 2.14 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 50.03

1. Piotroski 3.0pt = -2.0
2. FCF Yield 6.67% = 3.34
3. FCF Margin 6.36% = 1.59
4. Debt/Equity 0.63 = 2.31
5. Debt/Ebitda 1.31 = 1.29
6. ROIC - WACC (= 0.75)% = 0.94
7. RoE 3.82% = 0.32
8. Rev. Trend -51.67% = -3.88
9. EPS Trend -77.59% = -3.88

What is the price of E shares?

As of November 09, 2025, the stock is trading at USD 37.06 with a total of 181,293 shares traded.
Over the past week, the price has changed by +0.41%, over one month by +4.39%, over three months by +9.49% and over the past year by +30.36%.

Is Eni SpA a good stock to buy?

Neither. Based on ValueRay´s Fundamental Analyses, Eni SpA is currently (November 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 50.03 and therefor a neutral outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of E is around 42.87 USD . This means that E is currently undervalued and has a potential upside of +15.68% (Margin of Safety).

Is E a buy, sell or hold?

Eni SpA has received a consensus analysts rating of 3.00. Therefor, it is recommend to hold E.
  • Strong Buy: 0
  • Buy: 0
  • Hold: 3
  • Sell: 0
  • Strong Sell: 0

What are the forecasts/targets for the E price?

Issuer Target Up/Down from current
Wallstreet Target Price 37.1 0.2%
Analysts Target Price 37.1 0.2%
ValueRay Target Price 46.3 25%

E Fundamental Data Overview November 07, 2025

Market Cap EUR = 47.49b (54.67b USD * 0.8687 USD.EUR)
P/E Trailing = 19.4149
P/E Forward = 9.9305
P/S = 0.6316
P/B = 0.8914
P/EG = 0.7286
Beta = 0.547
Revenue TTM = 65.32b EUR
EBIT TTM = 10.85b EUR
EBITDA TTM = 16.95b EUR
Long Term Debt = 21.57b EUR (from longTermDebt, last fiscal year)
Short Term Debt = 7.05b EUR (from shortTermDebt, last quarter)
Debt = 31.12b EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = 22.20b EUR (from netDebt column, last quarter)
Enterprise Value = 62.32b EUR (47.49b + Debt 31.12b - CCE 16.30b)
Interest Coverage Ratio = 2.56 (Ebit TTM 10.85b / Interest Expense TTM 4.24b)
FCF Yield = 6.67% (FCF TTM 4.16b / Enterprise Value 62.32b)
FCF Margin = 6.36% (FCF TTM 4.16b / Revenue TTM 65.32b)
Net Margin = 3.00% (Net Income TTM 1.96b / Revenue TTM 65.32b)
Gross Margin = 13.88% ((Revenue TTM 65.32b - Cost of Revenue TTM 56.26b) / Revenue TTM)
Gross Margin QoQ = 21.75% (prev 9.80%)
Tobins Q-Ratio = 0.46 (Enterprise Value 62.32b / Total Assets 134.99b)
Interest Expense / Debt = 1.00% (Interest Expense 310.3m / Debt 31.12b)
Taxrate = 56.84% (935.0k / 1.65m)
NOPAT = 4.68b (EBIT 10.85b * (1 - 56.84%))
Current Ratio = 1.16 (Total Current Assets 39.48b / Total Current Liabilities 33.91b)
Debt / Equity = 0.63 (Debt 31.12b / totalStockholderEquity, last quarter 49.24b)
Debt / EBITDA = 1.31 (Net Debt 22.20b / EBITDA 16.95b)
Debt / FCF = 5.34 (Net Debt 22.20b / FCF TTM 4.16b)
Total Stockholder Equity = 51.34b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.45% (Net Income 1.96b / Total Assets 134.99b)
RoE = 3.82% (Net Income TTM 1.96b / Total Stockholder Equity 51.34b)
RoCE = 14.88% (EBIT 10.85b / Capital Employed (Equity 51.34b + L.T.Debt 21.57b))
RoIC = 5.77% (NOPAT 4.68b / Invested Capital 81.12b)
WACC = 5.02% (E(47.49b)/V(78.62b) * Re(8.03%) + D(31.12b)/V(78.62b) * Rd(1.00%) * (1-Tc(0.57)))
Discount Rate = 8.03% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: -33.33 | Cagr: -99.79%
[DCF Debug] Terminal Value 73.95% ; FCFE base≈4.76b ; Y1≈3.69b ; Y5≈2.35b
Fair Price DCF = 29.47 (DCF Value 43.96b / Shares Outstanding 1.49b; 5y FCF grow -26.85% → 3.0% )
EPS Correlation: -77.59 | EPS CAGR: -29.07% | SUE: -0.40 | # QB: 0
Revenue Correlation: -51.67 | Revenue CAGR: -93.04% | SUE: -1.65 | # QB: 0

Additional Sources for E Stock

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Fund Manager Positions: Dataroma | Stockcircle