# ENI S.p.A. (E) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Energy / Oil, Gas & Consumable Fuels. Price $53.58, market value $77.2 billion.

## Valuation
- **P/E (trailing): 12.0×** (5-yr avg 24.3×, 3-yr avg 34.0×). ENI S.p.A. trades at 12.0× trailing earnings, well below its own five-year average of 24.3×: cheap by its own standards. The Energy median in the September 2026 study was 16.8×. Forward P/E is 9.2×, lower than trailing, so analysts expect earnings to grow.
- **Price / sales: 0.8×**. Each dollar of revenue is priced at 0.8×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 1.5×**. The shares trade at 1.5× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 4.2×**. Enterprise value is 4.2× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 4.8%** (5-yr avg 7.8%). Free cash flow equals 4.8% of the market value, below its five-year average of 7.8%, so the shares are pricier on cash than usual.
- **Earnings yield: 8.3%**. The inverse of the P/E: 8.3% of the price is earned each year.

## Profitability
- **Operating margin: 5.1%**. 5.1% of revenue is left after running the business.
- **Net margin: 3.4%**. 3.4% of each dollar of sales reaches the bottom line.
- **Return on equity: 5.2%**. 5.2% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: 3.3%**. Return on all capital, debt included, is 3.3%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: 3.9%**. Each dollar of assets produces 3.9% of profit.

## Growth
- **Revenue growth (1 yr): -7.5%** (3-yr -14.7%/yr, 5-yr 13.3%/yr). Revenue fell 7.5% over the last year, against 13.3% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 0.0%** (3-yr -41.8%/yr). Earnings per share rose 0.0%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): -22.0%/yr**. Free cash flow has compounded at -22.0% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Debt to equity: 0.47**. Debt is 0.47 times equity: a conservative balance sheet.
- **Net debt / EBITDA: 0.9×**. It would take 0.9 years of operating earnings to repay net borrowings, within the comfortable range.
- **Interest coverage: 0.7×**. Operating profit covers interest only 0.7×: fragile.
- **Altman Z-score: 1.81**. A Z-score of 1.81 is in the distress zone, a signal to examine the balance sheet closely.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 4.59%** ($2.46 per share, trailing). ENI S.p.A. yields 4.59%, an income-level yield.
- **Dividend growth (5 yr): 9.6%/yr** (1-yr -8.3%). The dividend has grown 9.6% a year over five years.
- **Shareholder yield: 7.7%**. Dividends plus net buybacks return 7.7% of the market value a year.

## Analyst view
- **Analyst consensus: hold** (5 analysts). 5 analysts cover ENI S.p.A.; the consensus is hold, with an average price target of $54.58 (+2% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 57.2%** (YTD 44.5%, 3-mo -0.4%). The shares are up 57.2% over twelve months including dividends.
- **From 52-week high: -7.6%** (57.4% above the low). Trading 8% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 47**. An RSI of 47 is neutral.
- **Beta (1 yr): -0.18** (volatility 27%). Beta of -0.18 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=E · Page: https://foliofundamentals.com/stocks/e

Not investment advice.