(E) Eni SpA - Ratings and Ratios
Crude Oil, Natural Gas, Refined Fuels, Chemicals, Renewable Energy
EPS (Earnings per Share)
Revenue
| Risk via 10d forecast | |
|---|---|
| Volatility | 18.5% |
| Value at Risk 5%th | 32.2% |
| Relative Tail Risk | 5.89% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.27 |
| Alpha | 24.53 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.452 |
| Beta | 0.565 |
| Beta Downside | 0.773 |
| Drawdowns 3y | |
|---|---|
| Max DD | 20.13% |
| Mean DD | 5.35% |
| Median DD | 4.60% |
Description: E Eni SpA September 26, 2025
Eni 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 | 55,767m |
| Sub-Industry | Integrated Oil & Gas |
| IPO / Inception | 1995-11-27 |
| Return 12m vs S&P 500 | 18.9% |
| Analyst Rating | 3.0 of 5 |
E Dividends
| Metric | Value |
|---|---|
| Dividend Yield | 5.76% |
| Yield on Cost 5y | 14.31% |
| Yield CAGR 5y | 14.64% |
| Payout Consistency | 91.8% |
| Payout Ratio | 98.1% |
E Growth Ratios
| Metric | Value |
|---|---|
| CAGR 3y | 14.70% |
| CAGR/Max DD Calmar Ratio | 0.73 |
| CAGR/Mean DD Pain Ratio | 2.75 |
| Current Volume | 353.1k |
| Average Volume | 248.5k |
Piotroski VR‑10 (Strict, 0-10) 4.0
| Net Income (2.77b TTM) > 0 and > 6% of Revenue (6% = 5.13b TTM) |
| FCFTA 0.03 (>2.0%) and ΔFCFTA -0.59pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 8.31% (prev 8.18%; Δ 0.13pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.09 (>3.0%) and CFO 12.60b > Net Income 2.77b (YES >=105%, WARN >=100%) |
| Net Debt (25.75b) to EBITDA (21.59b) ratio: 1.19 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.21 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (1.56b) change vs 12m ago -3.44% (target <= -2.0% for YES) |
| Gross Margin 12.76% (prev 11.31%; Δ 1.46pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 62.34% (prev 64.53%; Δ -2.19pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 3.22 (EBITDA TTM 21.59b / Interest Expense TTM 4.24b) >= 6 (WARN >= 3) |
Altman Z'' 2.56
| (A) 0.05 = (Total Current Assets 41.38b - Total Current Liabilities 34.27b) / Total Assets 134.99b |
| (B) 0.27 = Retained Earnings (Balance) 36.62b / Total Assets 134.99b |
| (C) 0.10 = EBIT TTM 13.64b / Avg Total Assets 137.17b |
| (D) 0.63 = Book Value of Equity 51.44b / Total Liabilities 82.02b |
| Total Rating: 2.56 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 53.69
| 1. Piotroski 4.0pt |
| 2. FCF Yield 6.08% |
| 3. FCF Margin 4.75% |
| 4. Debt/Equity 0.70 |
| 5. Debt/Ebitda 1.19 |
| 6. ROIC - WACC (= 4.00)% |
| 7. RoE 5.39% |
| 8. Rev. Trend -64.71% |
| 9. EPS Trend -77.59% |
What is the price of E shares?
Over the past week, the price has changed by -2.79%, over one month by -0.35%, over three months by +5.61% and over the past year by +36.00%.
Is E a buy, sell or hold?
- 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 | 38.1 | 4.2% |
| Analysts Target Price | 38.1 | 4.2% |
| ValueRay Target Price | 45.3 | 24.1% |
E Fundamental Data Overview November 22, 2025
P/E Trailing = 19.6474
P/E Forward = 10.5152
P/S = 0.6443
P/B = 0.9802
P/EG = 0.7716
Beta = 0.547
Revenue TTM = 85.51b EUR
EBIT TTM = 13.64b EUR
EBITDA TTM = 21.59b EUR
Long Term Debt = 19.66b EUR (from longTermDebt, last quarter)
Short Term Debt = 10.55b EUR (from shortTermDebt, last quarter)
Debt = 34.68b EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = 25.75b EUR (from netDebt column, last quarter)
Enterprise Value = 66.80b EUR (48.43b + Debt 34.68b - CCE 16.30b)
Interest Coverage Ratio = 3.22 (Ebit TTM 13.64b / Interest Expense TTM 4.24b)
FCF Yield = 6.08% (FCF TTM 4.06b / Enterprise Value 66.80b)
FCF Margin = 4.75% (FCF TTM 4.06b / Revenue TTM 85.51b)
Net Margin = 3.23% (Net Income TTM 2.77b / Revenue TTM 85.51b)
Gross Margin = 12.76% ((Revenue TTM 85.51b - Cost of Revenue TTM 74.59b) / Revenue TTM)
Gross Margin QoQ = 9.16% (prev 9.80%)
Tobins Q-Ratio = 0.49 (Enterprise Value 66.80b / Total Assets 134.99b)
Interest Expense / Debt = 0.89% (Interest Expense 310.3m / Debt 34.68b)
Taxrate = 47.42% (780.0m / 1.65b)
NOPAT = 7.17b (EBIT 13.64b * (1 - 47.42%))
Current Ratio = 1.21 (Total Current Assets 41.38b / Total Current Liabilities 34.27b)
Debt / Equity = 0.70 (Debt 34.68b / totalStockholderEquity, last quarter 49.24b)
Debt / EBITDA = 1.19 (Net Debt 25.75b / EBITDA 21.59b)
Debt / FCF = 6.34 (Net Debt 25.75b / FCF TTM 4.06b)
Total Stockholder Equity = 51.34b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.05% (Net Income 2.77b / Total Assets 134.99b)
RoE = 5.39% (Net Income TTM 2.77b / Total Stockholder Equity 51.34b)
RoCE = 19.22% (EBIT 13.64b / Capital Employed (Equity 51.34b + L.T.Debt 19.66b))
RoIC = 8.92% (NOPAT 7.17b / Invested Capital 80.44b)
WACC = 4.92% (E(48.43b)/V(83.10b) * Re(8.10%) + D(34.68b)/V(83.10b) * Rd(0.89%) * (1-Tc(0.47)))
Discount Rate = 8.10% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -2.98%
[DCF Debug] Terminal Value 73.74% ; FCFE base≈4.45b ; Y1≈3.44b ; Y5≈2.19b
Fair Price DCF = 27.32 (DCF Value 40.65b / 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: -64.71 | Revenue CAGR: -14.94% | SUE: 0.04 | # QB: 0
Additional Sources for E Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle