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ENAV logo

ENAV S.p.A.BIT:ENAV Stock Report

Market Cap €2.4b
Share Price
€4.55
My Fair Value
n/a
1Y18.7%
7D-0.4%
Portfolio Value
​
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ENAV S.p.A.

BIT:ENAV Stock Report

Market Cap: €2.4b

ENAV (ENAV) Stock Overview

Provides air traffic control and management, and other air navigation services in Italy, the rest of Europe, and internationally. More details

ENAV fundamental analysis
Snowflake Score
Valuation1/6
Future Growth1/6
Past Performance2/6
Financial Health5/6
Dividends3/6

Rewards

Earnings are forecast to grow 6.24% per year

Risk Analysis

Dividend of 5.93% is not well covered by earnings


ENAV Community Fair Values

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See what 10 others think this stock is worth. Follow their fair value or set your own to get alerts.

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ENAV

Air Traffic Recovery And Operational Efficiency Will Secure Long-Term Value

Key Takeaways Surge in air traffic and operational excellence are boosting revenue growth, efficiency, and positioning ENAV for sustained financial outperformance. Strategic cost optimization, digital initiatives, and international expansion are enhancing margins, revenue stability, and shareholder returns.
View narrative
€4.49
FV
1.3% overvalued intrinsic discount
3.78%
Revenue growth p.a.
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4users have followed this narrative
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ENAV S.p.A. Competitors

Price History & Performance

Summary of share price highs, lows and changes for ENAV
Historical stock prices
Current Share Price€4.55
52 Week High€4.64
52 Week Low€3.30
Beta0.59
1 Month Change2.99%
3 Month Change6.41%
1 Year Change18.74%
3 Year Change12.12%
5 Year Change17.39%
Change since IPO24.66%

Recent News & Updates

Calculating The Fair Value Of ENAV S.p.A. (BIT:ENAV)

Nov 07
Calculating The Fair Value Of ENAV S.p.A. (BIT:ENAV)

The ENAV S.p.A. (BIT:ENAV) Interim Results Are Out And Analysts Have Published New Forecasts

Aug 03
The ENAV S.p.A. (BIT:ENAV) Interim Results Are Out And Analysts Have Published New Forecasts

Investors Met With Slowing Returns on Capital At ENAV (BIT:ENAV)

Jul 09
Investors Met With Slowing Returns on Capital At ENAV (BIT:ENAV)

Unpleasant Surprises Could Be In Store For ENAV S.p.A.'s (BIT:ENAV) Shares

Jun 19
Unpleasant Surprises Could Be In Store For ENAV S.p.A.'s (BIT:ENAV) Shares

Recent updates

Calculating The Fair Value Of ENAV S.p.A. (BIT:ENAV)

Nov 07
Calculating The Fair Value Of ENAV S.p.A. (BIT:ENAV)

The ENAV S.p.A. (BIT:ENAV) Interim Results Are Out And Analysts Have Published New Forecasts

Aug 03
The ENAV S.p.A. (BIT:ENAV) Interim Results Are Out And Analysts Have Published New Forecasts

Investors Met With Slowing Returns on Capital At ENAV (BIT:ENAV)

Jul 09
Investors Met With Slowing Returns on Capital At ENAV (BIT:ENAV)

Unpleasant Surprises Could Be In Store For ENAV S.p.A.'s (BIT:ENAV) Shares

Jun 19
Unpleasant Surprises Could Be In Store For ENAV S.p.A.'s (BIT:ENAV) Shares

A Look At The Intrinsic Value Of ENAV S.p.A. (BIT:ENAV)

Jun 02
A Look At The Intrinsic Value Of ENAV S.p.A. (BIT:ENAV)

ENAV S.p.A. (BIT:ENAV) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

May 17
ENAV S.p.A. (BIT:ENAV) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

ENAV (BIT:ENAV) Seems To Use Debt Rather Sparingly

Mar 07
ENAV (BIT:ENAV) Seems To Use Debt Rather Sparingly

Returns At ENAV (BIT:ENAV) Appear To Be Weighed Down

Jan 26
Returns At ENAV (BIT:ENAV) Appear To Be Weighed Down
User avatar

Upcoming Performance Plan And Global Expansion Will Boost Italy's Airspace Management

Positive regulatory changes and strong traffic growth are expected to drive revenue, bolstered by Italy's tourism appeal and airspace improvements.

Analyst Estimates: Here's What Brokers Think Of ENAV S.p.A. (BIT:ENAV) After Its Third-Quarter Report

Nov 17
Analyst Estimates: Here's What Brokers Think Of ENAV S.p.A. (BIT:ENAV) After Its Third-Quarter Report

Is It Time To Consider Buying ENAV S.p.A. (BIT:ENAV)?

Nov 05
Is It Time To Consider Buying ENAV S.p.A. (BIT:ENAV)?

The Returns At ENAV (BIT:ENAV) Aren't Growing

Oct 17
The Returns At ENAV (BIT:ENAV) Aren't Growing

Here's Why ENAV (BIT:ENAV) Can Manage Its Debt Responsibly

Oct 04
Here's Why ENAV (BIT:ENAV) Can Manage Its Debt Responsibly

Estimating The Intrinsic Value Of ENAV S.p.A. (BIT:ENAV)

Sep 20
Estimating The Intrinsic Value Of ENAV S.p.A. (BIT:ENAV)

Analysts Are Updating Their ENAV S.p.A. (BIT:ENAV) Estimates After Its Half-Year Results

Aug 08
Analysts Are Updating Their ENAV S.p.A. (BIT:ENAV) Estimates After Its Half-Year Results

Is It Time To Consider Buying ENAV S.p.A. (BIT:ENAV)?

Aug 04
Is It Time To Consider Buying ENAV S.p.A. (BIT:ENAV)?

ENAV (BIT:ENAV) Seems To Use Debt Quite Sensibly

Jun 06
ENAV (BIT:ENAV) Seems To Use Debt Quite Sensibly

Is ENAV S.p.A. (BIT:ENAV) Potentially Undervalued?

Apr 27
Is ENAV S.p.A. (BIT:ENAV) Potentially Undervalued?

The Price Is Right For ENAV S.p.A. (BIT:ENAV)

Apr 11
The Price Is Right For ENAV S.p.A. (BIT:ENAV)

A Look At The Intrinsic Value Of ENAV S.p.A. (BIT:ENAV)

Feb 09
A Look At The Intrinsic Value Of ENAV S.p.A. (BIT:ENAV)

These 4 Measures Indicate That ENAV (BIT:ENAV) Is Using Debt Extensively

Jan 20
These 4 Measures Indicate That ENAV (BIT:ENAV) Is Using Debt Extensively

Is It Time To Consider Buying ENAV S.p.A. (BIT:ENAV)?

Dec 15
Is It Time To Consider Buying ENAV S.p.A. (BIT:ENAV)?

The Returns On Capital At ENAV (BIT:ENAV) Don't Inspire Confidence

Nov 01
The Returns On Capital At ENAV (BIT:ENAV) Don't Inspire Confidence

ENAV S.p.A. (BIT:ENAV) Shares Could Be 24% Below Their Intrinsic Value Estimate

Sep 19
ENAV S.p.A. (BIT:ENAV) Shares Could Be 24% Below Their Intrinsic Value Estimate

ENAV (BIT:ENAV) Is Increasing Its Dividend To €0.1967

Aug 28
ENAV (BIT:ENAV) Is Increasing Its Dividend To €0.1967

Is ENAV (BIT:ENAV) Using Too Much Debt?

Aug 04
Is ENAV (BIT:ENAV) Using Too Much Debt?

Is It Too Late To Consider Buying ENAV S.p.A. (BIT:ENAV)?

Jun 22
Is It Too Late To Consider Buying ENAV S.p.A. (BIT:ENAV)?

ENAV's (BIT:ENAV) Shareholders Will Receive A Bigger Dividend Than Last Year

May 26
ENAV's (BIT:ENAV) Shareholders Will Receive A Bigger Dividend Than Last Year

Return Trends At ENAV (BIT:ENAV) Aren't Appealing

Apr 19
Return Trends At ENAV (BIT:ENAV) Aren't Appealing

ENAV (BIT:ENAV) Is Increasing Its Dividend To €0.1967

Apr 05
ENAV (BIT:ENAV) Is Increasing Its Dividend To €0.1967

ENAV (BIT:ENAV) Is Paying Out A Larger Dividend Than Last Year

Mar 18
ENAV (BIT:ENAV) Is Paying Out A Larger Dividend Than Last Year

We Think ENAV (BIT:ENAV) Can Stay On Top Of Its Debt

Mar 16
We Think ENAV (BIT:ENAV) Can Stay On Top Of Its Debt

Should You Investigate ENAV S.p.A. (BIT:ENAV) At €4.14?

Feb 11
Should You Investigate ENAV S.p.A. (BIT:ENAV) At €4.14?

Estimating The Intrinsic Value Of ENAV S.p.A. (BIT:ENAV)

Jan 05
Estimating The Intrinsic Value Of ENAV S.p.A. (BIT:ENAV)

ENAV (BIT:ENAV) Is Doing The Right Things To Multiply Its Share Price

Dec 16
ENAV (BIT:ENAV) Is Doing The Right Things To Multiply Its Share Price

An Intrinsic Calculation For ENAV S.p.A. (BIT:ENAV) Suggests It's 21% Undervalued

Oct 05
An Intrinsic Calculation For ENAV S.p.A. (BIT:ENAV) Suggests It's 21% Undervalued

ENAV (BIT:ENAV) Has A Pretty Healthy Balance Sheet

Sep 17
ENAV (BIT:ENAV) Has A Pretty Healthy Balance Sheet

Investors Could Be Concerned With ENAV's (BIT:ENAV) Returns On Capital

Jul 24
Investors Could Be Concerned With ENAV's (BIT:ENAV) Returns On Capital

ENAV (BIT:ENAV) Takes On Some Risk With Its Use Of Debt

Jun 11
ENAV (BIT:ENAV) Takes On Some Risk With Its Use Of Debt

Is There An Opportunity With ENAV S.p.A.'s (BIT:ENAV) 44% Undervaluation?

Feb 24
Is There An Opportunity With ENAV S.p.A.'s (BIT:ENAV) 44% Undervaluation?

ENAV's (BIT:ENAV) Returns On Capital Tell Us There Is Reason To Feel Uneasy

Feb 08
ENAV's (BIT:ENAV) Returns On Capital Tell Us There Is Reason To Feel Uneasy

At €3.95, Is ENAV S.p.A. (BIT:ENAV) Worth Looking At Closely?

Nov 21
At €3.95, Is ENAV S.p.A. (BIT:ENAV) Worth Looking At Closely?

Is There An Opportunity With ENAV S.p.A.'s (BIT:ENAV) 49% Undervaluation?

Nov 07
Is There An Opportunity With ENAV S.p.A.'s (BIT:ENAV) 49% Undervaluation?

Here's Why ENAV (BIT:ENAV) Has A Meaningful Debt Burden

Oct 24
Here's Why ENAV (BIT:ENAV) Has A Meaningful Debt Burden

ENAV (BIT:ENAV) Could Be Struggling To Allocate Capital

Oct 09
ENAV (BIT:ENAV) Could Be Struggling To Allocate Capital

Should You Investigate ENAV S.p.A. (BIT:ENAV) At €3.94?

Aug 02
Should You Investigate ENAV S.p.A. (BIT:ENAV) At €3.94?

Is ENAV (BIT:ENAV) Using Too Much Debt?

Jul 13
Is ENAV (BIT:ENAV) Using Too Much Debt?

ENAV's (BIT:ENAV) Returns On Capital Not Reflecting Well On The Business

Jun 24
ENAV's (BIT:ENAV) Returns On Capital Not Reflecting Well On The Business

Is It Time To Consider Buying ENAV S.p.A. (BIT:ENAV)?

Apr 16
Is It Time To Consider Buying ENAV S.p.A. (BIT:ENAV)?

Is There An Opportunity With ENAV S.p.A.'s (BIT:ENAV) 22% Undervaluation?

Mar 30
Is There An Opportunity With ENAV S.p.A.'s (BIT:ENAV) 22% Undervaluation?

How Has ENAV (BIT:ENAV) Allocated Its Capital?

Mar 15
How Has ENAV (BIT:ENAV) Allocated Its Capital?

Shareholder Returns

ENAVIT InfrastructureIT Market
7D-0.4%-1.0%2.3%
1Y18.7%19.2%30.6%

Return vs Industry: ENAV matched the Italian Infrastructure industry which returned 19.2% over the past year.

Return vs Market: ENAV underperformed the Italian Market which returned 30.6% over the past year.

Price Volatility

Is ENAV's price volatile compared to industry and market?
ENAV volatility
ENAV Average Weekly Movement1.9%
Infrastructure Industry Average Movement3.7%
Market Average Movement4.2%
10% most volatile stocks in IT Market7.7%
10% least volatile stocks in IT Market2.4%

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

Volatility Over Time: ENAV's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20014,536Pasqualino Montiwww.enav.it

ENAV S.p.A. provides air traffic control and management, and other air navigation services in Italy, the rest of Europe, and internationally. It operates through three segments: Air Navigation Services, Maintenance Services, and Aeronautical Information Management (AIM) Software Solutions. The company offers technical management and maintenance services for air traffic control equipment and systems, as well as for air infrastructure.

ENAV S.p.A. Fundamentals Summary

How do ENAV's earnings and revenue compare to its market cap?
ENAV fundamental statistics
Market cap€2.43b
Earnings (TTM)€109.92m
Revenue (TTM)€996.72m
22.4x
P/E Ratio
2.5x
P/S Ratio

Is ENAV overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ENAV income statement (TTM)
Revenue€996.72m
Cost of Revenue€9.55m
Gross Profit€987.16m
Other Expenses€877.24m
Earnings€109.92m

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)0.20
Gross Margin99.04%
Net Profit Margin11.03%
Debt/Equity Ratio53.0%

How did ENAV perform over the long term?

See historical performance and comparison

Dividends

5.9%
Current Dividend Yield
151%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/12 18:35
End of Day Share Price 2025/11/12 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

ENAV S.p.A. is covered by 14 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Francesco SalaBanca Akros S.p.A. (ESN)
Marco LimiteBarclays
John CampbellBofA Global Research