Stock · ENI.MI · Energy

Eni S.p.A.

Italy · Large Cap · listed since 1995 · Revenue 12 mo. €82.9B

Price as of 11/06/2026

StockScorer score
2.7
of 10 3 of 11 points Low Match To the score
Price
€25.05
1 Y +47.5%
Market cap
€73.1B
Phase
Decline
revenue shrinking or core business not earning
Revenue −14.7% a year (3 years)EBIT margin 8.3%Payout 37.4% of operating cash flow

Eni S.p.A. operates as an integrated energy company in Italy, Other European Union, Rest of Europe, the United States, Asia, Africa, and internationally.

moreless

Eni S.p.A. operates as an integrated energy company in Italy, Other European Union, Rest of Europe, the United States, Asia, Africa, and internationally. The company engages in exploration, development, extracting, manufacturing, trading, and marketing crude oil and natural gas, oil-based fuels, chemical products, and gas-fired power, as well as energy products from renewable sources. The company operates through Exploration & Production; Global Gas & LNG Portfolio and Power; Refining and Chemicals; Enilive; Plenitude; and Corporate and Other Activities segments. The company engages in research, development, and production of oil, condensates, and natural gas. It is also involved in the supply and sale of wholesale natural gas through pipelines; electricity; and international transport, and purchase and marketing of liquefied natural gas. In addition, the company supplies bio-feedstock and crude oil; and stores, produces, distributes, and markets biofuels, oil products, biomethane, basic chemical and petrochemical products, intermediates, plastics and elastomers, and other chemicals, as well as provides smart mobility solutions and services. Further, the company engages in the retail marketing of gas, power, and related services; production and wholesale sale of electricity from renewable plants; and building and managing a network of charging points for electric vehicles. Eni S.p.A. was founded in 1953 and is headquartered in Rome, Italy.

Original text from the data provider

Summary

Eni S.p.A. is around the middle of the Energy sector overall

53.5 of 100

Mean of the six area values. Each area value is the mean of the stock's ranks among the companies in its sector. 50 is the middle of the sector, not a share of companies beaten.

Analysis

What the price requires

The price requires 5.0% FCF growth a year: more than over the last 5 years, less than over the last 10 years.

If free cash flow stays at €4.6B (2025), it supports €51.4B. The remaining €21.7B of the market value assume it grows 5.0% a year for 10 years and not at all afterwards.

Required FCF growth per year

5.0%

no growth afterwards

Market value breakdown€73.1B market value, price as of 11/06/2026

€51.4B without growth
€21.7B priced-in growth
  • 5 yrs achieved −3.8%
  • 10 yrs achieved 47.9%
  • priced in 5.0%

Valuation against its own history

Price to operating cash flow 5.7×, above its usual range.

Middle half of 20 quarters: 3.0× to 3.5×, median 3.3×.

Measures only against its own past, not against what the company is worth. Price as of 11/06/2026.

No sign supports the expectation, 2 speak against it.

What supports it

with respect to the priced-in expectation

No indication in the stored figures.

What speaks against it

with respect to the priced-in expectation

  • Revenue declined revenue −7.5% year on year
  • Volatile earnings 6 drops or sign changes in up to 10 years

Since the last quarter

Q1 → Q2 2026

Mostly better than the previous quarter: 3 of 3 changes for the better.

  • FCF, 12 mo.€3.0B → €3.8B+25.1%better
  • Gross margin4.6% → 5.6%+1.1 ppbetter
  • Return on equity5.1% → 10.2%+5.1 ppbetter

5 more unchanged: Revenue, 12 mo., EBIT margin, FCF margin, Net debt, Shares outstanding

Derivation

How the sector comparison is derived

Each area value is the average of its metrics' ranks within the sector (0 to 100, 50 is the middle). For metrics where lower is better, the rank is mirrored. The overall value is the average of the area values.

Price as of 11/06/2026.

Profitability28.8below the middleEarns less than the sector: Gross margin 10.27%, sector 23.60%.
MetricStockSector medianPosition in sector
Return on equity6.07%11.63%Rank 18
Return on capital (Greenblatt)10.95%11.00%Rank 49
EBIT margin8.31%14.02%Rank 26
FCF margin5.63%7.36%Rank 35
Gross margin10.27%23.60%Rank 15
Growth29.4below the middleGrows more slowly than the sector: Earnings growth, 3 years per year −40.35%, sector −10.72%.
MetricStockSector medianPosition in sector
Revenue growth, 1 year−7.48%−1.93%Rank 21
Earnings growth, 3 years per year−40.35%−10.72%Rank 14
Earnings growth, 5 years per yeardoes not count towards the rank–14.99%
Sustainable growth (ROE × retained earnings)10.59%9.68%Rank 54
Valuation56.0around the middleValued about like the sector.
MetricStockSector medianPosition in sector
Earnings yield3.37%4.80%Rank 22
FCF yield6.33%5.05%Rank 68
EV/saleslower is better1.182.31Rank 71
EV/EBITlower is better14.2415.16Rank 64
Momentum81.2above the middleShare price doing better than the sector: Distance from 52-week high −9.40%, sector −17.83%.
MetricStockSector medianPosition in sector
Share price, 1 year47.47%14.27%Rank 84
Share price, 6 months10.50%−0.91%Rank 77
Share price, 3 months12.73%2.95%Rank 78
Distance from 52-week high−9.40%−17.83%Rank 86
Quality81.0above the middleQuality above the sector: Price reaction to results, market-adjusted 6.31%, sector 0.36%.
MetricStockSector medianPosition in sector
Accruals (Sloan)lower is better−1.47%0.88%Rank 71
Change in share countlower is better−4.41%−0.04%Rank 82
Dividend streak in years53Rank 75
Price reaction to results, market-adjusted6.31%0.36%Rank 95
Balance sheet & risk44.4around the middleRisk about like the sector.
MetricStockSector medianPosition in sector
Equity ratio30.85%41.22%Rank 28
Net debt/EBITDAlower is better1.651.33Rank 45
Debt to equitylower is better0.910.69Rank 36
Volatility, 1 yearlower is better28.32%31.61%Rank 69

Ten years in figures

Revenue from €55.8B (2016) to €82.2B (2025), 4.4% a year.

Fiscal years, amounts in EUR
YearRevenue, €BEBIT marginFCFSharesNet debt, €B
201655.81.4%−€1.4B3.60B21.2
201766.95.6%€1.6B3.60B17.1
201875.813.4%€4.9B3.60B15.0
201969.911.8%€4.3B3.59B24.2
202044.03.3%€415.0M3.57B22.3
202176.615.3%€7.9B3.57B29.9
2022132.515.7%€9.8B3.49B26.7
202393.710.4%€6.4B3.33B29.0
202488.811.4%€5.1B3.23B33.7
202582.28.3%€4.6B3.09B31.1
2.7 / 10Low MatchStockScorer score3 of 11 points

2 of 7 StockScorer Score rules met · How the score is built

Eni S.p.A. mainly meets criteria in the Valuation category. Result from 18 strategies checked.

This stock · Profitability: 0%This stock · Growth: 0%This stock · Valuation: 100%This stock · Momentum: 100%Median of all stocks · Profitability: 33%Median of all stocks · Growth: 0%Median of all stocks · Valuation: 0%Median of all stocks · Momentum: 0%50%100%ProfitabilityGrowthValuationMomentumThis stockMedian of all stocks

How Eni S.p.A.'s score is built

Eni S.p.A. is rated here with the StockScorer Score strategy, the flagship rule set. It compares return and cash-flow metrics with the median of the company's own sector and checks growth and price trend.

2 of 7 rules met

3 of 11 points

  1. Free cash flow yield above the sector medianmet2 of 2 points
  2. Return on capital (Greenblatt ROC) above the sector mediannot met0 of 2 points
  3. Return on equity above the sector mediannot met0 of 1 point
  4. Free cash flow margin above the sector mediannot met0 of 2 points
  5. Revenue growth above 15%not met0 of 2 points
  6. 3-year earnings growth above 12% p.a.not met0 of 1 point
  7. 12-month share price more than 20 percentage points ahead of the marketmet1 of 1 point
  8. Exclusion: financial and real estate stocksdoes not apply

Detail data

How does Eni S.p.A. stock perform across 18 strategies?

Excerpt from 18 strategies checked. The full evaluation is visible after a free sign-up.

12 more strategies locked

With a free account, you can see the match across all strategies checked in one complete overview.

  • Levermann Strategy (13 Criteria)
  • Dividend Quality: 4 Factors
  • Defensive: Low Volatility
  • Dividend Aristocrats & Continuity
  • Magic Formula: Value + Quality
  • Acquirer's Multiple: EV/EBIT Deep Value
  • Altman Z-Score: Stress Test
  • Moat Quality
  • Balanced GARP
  • High-Growth / Rule of 40
  • PEG Strategy (inspired by Peter Lynch)
  • Undervalued Stocks: Multi-Factor Check

Eni S.p.A. key metrics: P/E, P/B and equity ratio

Selected fundamental metrics for Eni S.p.A.

MetricStockSector
P/E ratio29.720.0
P/B ratio1.82.3
Return on equity (ROE)6.1%11.6%
Equity ratio30.8%41.2%
Debt-to-equity (D/E)0.910.69
Dividend yield4.2%3.5%

Similar stocks in Energy

How comparable stocks in the same sector score in the StockScorer model.

SymbolCompanyRating
ENI.MIEni S.p.A.this page
SU.TOSuncor Energy Inclocked
0386.HKChina Petroleum & Chemical Corp Class Hlocked
EQNR.OLEquinor ASAlocked
IMO.TOImperial Oil Ltdlocked
CVE.TOCenovus Energy Inclocked

Frequently asked questions about Eni S.p.A. stock

How does Eni S.p.A. stock (ENI.MI) score in the StockScorer model?
Eni S.p.A. stock reaches a StockScorer score of 2.7 out of 10, which is a low match with the rule-based strategies. 2 out of 7 flagship profile rules are met.
What is Eni S.p.A.'s P/E ratio?
Eni S.p.A.'s P/E ratio is 29.7. The Energy sector median is 20.0.
What sector is Eni S.p.A. in?
Eni S.p.A. is assigned to the Energy sector. Its rank within the sector is 53.5 out of 100: 100 means the stock leads its peer group of large and mid-cap sector stocks in every measured area.

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