How does ENI's PE Ratio compare to its peers?

ENI is expensive based on its Price-To-Earnings Ratio (17.8x) compared to the peer average (11.4x).

How does ENI's PE Ratio compare vs other companies in the European Oil and Gas Industry?

ENI is expensive based on its Price-To-Earnings Ratio (17.8x) compared to the European Oil and Gas industry average (9.2x).

What is ENI's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ENI is good value based on its Price-To-Earnings Ratio (17.8x) compared to the estimated Fair Price-To-Earnings Ratio (29.4x).

What is the Fair Price of ENI when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

ENI (€13.89) is trading below our estimate of [[fair value]] (€19.15)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is less than 20% higher than the current share price.

Eni (DB:ENI) - Stock Price, News & Analysis

ENI Stock Overview

Operates as an integrated energy company worldwide. More details

ENI fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	1/6
Past Performance	2/6
Financial Health	4/6
Dividends	4/6

Rewards

Trading at 27.4% below our estimate of its fair value

Earnings are forecast to grow 17.32% per year

Risk Analysis

Profit margins (2.7%) are lower than last year (5%)

Significant insider selling over the past 3 months

Unstable dividend track record

Eni S.p.A. Competitors

Occidental Petroleum

NYSE:OXY

US$48.7b

PJSC LUKOIL

MISX:LKOH

₽2.5t

Suncor Energy

TSX:SU

CA$73.0b

Imperial Oil

TSX:IMO

CA$55.9b

Price History & Performance

Summary of all time highs, changes and price drops for Eni
Historical stock prices
Current Share Price	€13.89
52 Week High	€15.84
52 Week Low	€13.37
Beta	0.99
11 Month Change	-3.90%
3 Month Change	-6.01%
1 Year Change	-7.37%
33 Year Change	17.43%
5 Year Change	1.82%
Change since IPO	-13.45%

Recent updates

Shareholder Returns

	ENI	DE Oil and Gas	DE Market
7D	-0.2%	-1.6%	0.2%
1Y	-7.4%	-36.9%	8.5%

Return vs Industry: ENI exceeded the German Oil and Gas industry which returned -36.9% over the past year.

Return vs Market: ENI underperformed the German Market which returned 8.5% over the past year.

Price Volatility

Is ENI's price volatile compared to industry and market?
ENI volatility
ENI Average Weekly Movement	2.9%
Oil and Gas Industry Average Movement	5.5%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	10.9%
10% least volatile stocks in DE Market	2.3%

Stable Share Price: ENI has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: ENI's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1953	34,244	Claudio Descalzi	www.eni.com

Eni S.p.A. operates as an integrated energy company worldwide. The company engages in exploration, development, extracting, manufacturing, and marketing crude oil and natural gas, oil-based fuels, chemical products, and gas-fired power, as well as energy products from renewable sources. It operates through Exploration & Production; Global Gas & LNG Portfolio (GGP); Enilive, Refining and Chemicals; Plenitude & Power; and Corporate and Other Activities segments.

Eni S.p.A. Fundamentals Summary

How do Eni's earnings and revenue compare to its market cap?
ENI fundamental statistics
Market cap	€43.68b
Earnings (TTM)	€2.46b
Revenue (TTM)	€92.19b

17.8x

P/E Ratio

0.5x

P/S Ratio

Is ENI overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ENI income statement (TTM)
Revenue	€92.19b
Cost of Revenue	€70.75b
Gross Profit	€21.44b
Other Expenses	€18.98b
Earnings	€2.46b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.78
Gross Margin	23.26%
Net Profit Margin	2.67%
Debt/Equity Ratio	56.5%

How did ENI perform over the long term?

See historical performance and comparison

Dividends

6.8%

Current Dividend Yield

30%

Payout Ratio

ENI Stock Overview

Rewards

Risk Analysis

Eni S.p.A. Competitors

NYSE:OXY

US$48.7b

MISX:LKOH

₽2.5t

TSX:SU

CA$73.0b

TSX:IMO

CA$55.9b

Price History & Performance

Recent News & Updates

Upcoming dividend of €0.25 per share

CEO, GM & Director recently sold €1.2m worth of stock

Hilcorp Energy Company completed the acquisition of Nikaitchuq and Oooguruk Assets in Alaska, US from Eni S.p.A. (BIT:ENI) for $1 billion.

Third quarter dividend of €0.25 announced

Third quarter 2024 earnings released: EPS: €0.17 (vs €0.58 in 3Q 2023)

Upcoming dividend of €0.25 per share

Recent updates

Upcoming dividend of €0.25 per share

CEO, GM & Director recently sold €1.2m worth of stock

Hilcorp Energy Company completed the acquisition of Nikaitchuq and Oooguruk Assets in Alaska, US from Eni S.p.A. (BIT:ENI) for $1 billion.

Third quarter dividend of €0.25 announced

Third quarter 2024 earnings released: EPS: €0.17 (vs €0.58 in 3Q 2023)

Upcoming dividend of €0.25 per share

Eni Reportedly in Talks with Funds on Another Plenitude Stake Sale

Timor GAP, E.P. agreed to acquire 16% stake in Bayu-Undan upstream project from Santos Limited (ASX:STO), Tokyo Timor Sea Resources Pty Ltd, Eni S.p.A. (BIT:ENI), Inpex Corporation (TSE:1605) and SK E&S Co., Ltd.

Second quarter dividend increased to €0.25

Second quarter 2024 earnings released: EPS: €0.21 (vs €0.088 in 2Q 2023)

KKR & Co. Inc. (NYSE:KKR) signed a temporary exclusivity agreement to acquire 25% stake in Enilive SpA from Eni S.p.A. (BIT:ENI).

Eni Reportedly Eyes Over €4 Billion in Upstream Asset Sale Plan

Eni S.p.A. (BIT:ENI) completed the acquisition of ATEN OIL, S.L. from Marcol Group.

Eni Reportedly Mulls Selling 20% Stake in Enilive Unit

Eni S.P.A. Approves Dividend for the Year 2024, First and Second Tranche Payable on September 25, 2024 and November 20, 2024 Respectively

Upcoming dividend of €0.23 per share

Eni S.p.A. (BIT:ENI) agreed to acquire unknown majority stake in ATEN OIL, S.L. from Marcol Group.

First quarter 2024 earnings released: EPS: €0.38 (vs €0.71 in 1Q 2023)

New major risk - Revenue and earnings growth

Ithaca Energy Enters into Exclusivity Agreement for Potential Transformational Combination with Eni's UK Business

Full year 2023 earnings released: EPS: €1.44 (vs €3.96 in FY 2022)

Now 22% overvalued

Dividend of €0.23 announced

Upcoming dividend of €0.24 per share

Fourth quarter dividend of €0.24 announced

Full year 2023 earnings released: EPS: €1.44 (vs €3.96 in FY 2022)

Eni S.p.A. (BIT:ENI) completed the acquisition of Global Business of Neptune Energy Group Limited.

Eni S.p.A., Annual General Meeting, May 15, 2024

Upcoming dividend of €0.23 per share at 6.4% yield

New major risk - Revenue and earnings growth

New minor risk - Profit margin trend

Eni in Talks to Sell Plenitude Stake, IPO Will Follow

Upcoming dividend of €0.24 per share at 6.5% yield

Oando PLC (NGSE:OANDO) signed an agreement to acquire Nigerian Agip Oil Company Ltd. from Eni S.p.A. (BIT:ENI).

Eni S.p.A. Provides Production Guidance for the Third Quarter and Year 2023

Second quarter 2023 earnings released: EPS: €0.088 (vs €1.08 in 2Q 2022)

Eni in Advanced Talks to Sell Minority Stake in Low-Carbon Unit

Eni S.p.A. (BIT:ENI) agreed to acquire unknown majority stake in Chevron Assets in Indonesia.

Eni S.p.A. acquired Two photovoltaic assets in Albacete of Helios Energy Investments from Helios Energy Investments for approximately €120 million.

Eni Wants to Reduce Oil Exposure with Asset Sales

Perenco Holdings agreed to acquire Interest in several permits in Congo from Eni S.p.A. (BIT:ENI) for approximately $300 million.

Eni S.p.A. (BIT:ENI) reached an agreement to acquire Global Business of Neptune Energy Group Limitedon for an enterprise value of CAD 2.6 billion.

Shareholder Returns

Price Volatility

About the Company

Eni S.p.A. Fundamentals Summary

17.8x

0.5x

Earnings & Revenue

Dividends

6.8%

30%