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

Market Cap €2.7b
Share Price
€5.15
€4.49
14.5% overvalued intrinsic discount
1Y28.6%
7D3.3%
Portfolio Value
View

ENAV S.p.A.

BIT:ENAV Stock Report

Market Cap: €2.7b

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 Growth2/6
Past Performance2/6
Financial Health6/6
Dividends3/6

ENAV Community Fair Values

Create Narrative

See what 7 others think this stock is worth. Follow their fair value or set your own to get alerts.

ENAV S.p.A. Competitors

Price History & Performance

Summary of share price highs, lows and changes for ENAV
Historical stock prices
Current Share Price€5.15
52 Week High€5.64
52 Week Low€3.62
Beta0.59
1 Month Change-5.25%
3 Month Change3.65%
1 Year Change28.63%
3 Year Change26.47%
5 Year Change34.54%
Change since IPO40.96%

Recent News & Updates

Analysis Article Jan 25

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

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Recent updates

Analysis Article Jan 25

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

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Dec 03

ENAV (BIT:ENAV) Is Experiencing Growth In Returns On Capital

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article Nov 07

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

Key Insights Using the 2 Stage Free Cash Flow to Equity, ENAV fair value estimate is €4.06 With €4.45 share price, ENAV...
Analysis Article Aug 03

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

It's been a good week for ENAV S.p.A. ( BIT:ENAV ) shareholders, because the company has just released its latest...
Analysis Article Jul 09

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

If you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...
Analysis Article Jun 19

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

With a price-to-earnings (or "P/E") ratio of 20.1x ENAV S.p.A. ( BIT:ENAV ) may be sending bearish signals at the...
Analysis Article Jun 02

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

Key Insights ENAV's estimated fair value is €4.53 based on 2 Stage Free Cash Flow to Equity With €4.21 share price...
Analysis Article May 17

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

As you might know, ENAV S.p.A. ( BIT:ENAV ) recently reported its first-quarter numbers. It was an okay report, and...
Analysis Article Mar 07

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

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Jan 26

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

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd...
User avatar
New Narrative Jan 18

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.
Analysis Article Nov 17

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

The quarterly results for ENAV S.p.A. ( BIT:ENAV ) were released last week, making it a good time to revisit its...
Analysis Article Nov 05

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

ENAV S.p.A. ( BIT:ENAV ), might not be a large cap stock, but it had a relatively subdued couple of weeks in terms of...
Analysis Article Oct 17

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

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article Oct 04

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

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Sep 20

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

Key Insights Using the 2 Stage Free Cash Flow to Equity, ENAV fair value estimate is €4.12 ENAV's €4.01 share price...
Analysis Article Aug 08

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

ENAV S.p.A. ( BIT:ENAV ) shareholders are probably feeling a little disappointed, since its shares fell 6.4% to €3.70...
Analysis Article Aug 04

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

While ENAV S.p.A. ( BIT:ENAV ) might not have the largest market cap around , it saw significant share price movement...
Analysis Article Jun 06

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

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Apr 27

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

ENAV S.p.A. ( BIT:ENAV ), might not be a large cap stock, but it received a lot of attention from a substantial price...
Analysis Article Apr 11

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

With a price-to-earnings (or "P/E") ratio of 18.3x ENAV S.p.A. ( BIT:ENAV ) may be sending bearish signals at the...
Analysis Article Feb 09

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

Key Insights The projected fair value for ENAV is €4.08 based on 2 Stage Free Cash Flow to Equity Current share price...
Analysis Article Jan 20

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

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Dec 15

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

ENAV S.p.A. ( BIT:ENAV ), is not the largest company out there, but it saw a double-digit share price rise of over 10...
Analysis Article Nov 01

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

If we're looking to avoid a business that is in decline, what are the trends that can warn us ahead of time? When we...
Analysis Article Sep 19

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

Key Insights Using the 2 Stage Free Cash Flow to Equity, ENAV fair value estimate is €4.77 Current share price of €3.61...
Analysis Article Aug 28

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

The board of ENAV S.p.A. ( BIT:ENAV ) has announced that it will be paying its dividend of €0.1967 on the 25th of...
Analysis Article Aug 04

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

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Jun 22

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

ENAV S.p.A. ( BIT:ENAV ), might not be a large cap stock, but it received a lot of attention from a substantial price...
Analysis Article May 26

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

ENAV S.p.A. ( BIT:ENAV ) will increase its dividend from last year's comparable payment on the 25th of October to...
Analysis Article Apr 19

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

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...
Analysis Article Apr 05

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

The board of ENAV S.p.A. ( BIT:ENAV ) has announced that it will be paying its dividend of €0.1967 on the 25th of...
Analysis Article Mar 18

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

ENAV S.p.A. ( BIT:ENAV ) has announced that it will be increasing its dividend from last year's comparable payment on...
Analysis Article Mar 16

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

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Analysis Article Feb 11

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

ENAV S.p.A. ( BIT:ENAV ), is not the largest company out there, but it saw significant share price movement during...
Analysis Article Jan 05

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

Key Insights ENAV's estimated fair value is €4.4 based on 2 Stage Free Cash Flow to Equity Current share price of €4.1...
Analysis Article Dec 16

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

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Typically, we'll want to...
Analysis Article Oct 05

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

Today we will run through one way of estimating the intrinsic value of ENAV S.p.A. ( BIT:ENAV ) by estimating the...
Analysis Article Sep 17

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

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Jul 24

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

If we're looking to avoid a business that is in decline, what are the trends that can warn us ahead of time? More often...
Analysis Article Jun 11

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

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Analysis Article Feb 24

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

Does the February share price for ENAV S.p.A. ( BIT:ENAV ) reflect what it's really worth? Today, we will estimate the...
Analysis Article Feb 08

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

What underlying fundamental trends can indicate that a company might be in decline? When we see a declining return on...
Analysis Article Nov 21

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

ENAV S.p.A. ( BIT:ENAV ), might not be a large cap stock, but it saw significant share price movement during recent...
Analysis Article Nov 07

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

How far off is ENAV S.p.A. ( BIT:ENAV ) from its intrinsic value? Using the most recent financial data, we'll take a...
Analysis Article Oct 24

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

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Oct 09

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

If we're looking to avoid a business that is in decline, what are the trends that can warn us ahead of time? More often...

Shareholder Returns

ENAVIT InfrastructureIT Market
7D3.3%2.8%1.6%
1Y28.6%22.7%20.1%

Return vs Industry: ENAV exceeded the Italian Infrastructure industry which returned 23.1% over the past year.

Return vs Market: ENAV exceeded the Italian Market which returned 23.9% over the past year.

Price Volatility

Is ENAV's price volatile compared to industry and market?
ENAV volatility
ENAV Average Weekly Movement3.3%
Infrastructure Industry Average Movement4.4%
Market Average Movement5.2%
10% most volatile stocks in IT Market8.1%
10% least volatile stocks in IT Market3.0%

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 (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20014,457Pasqualino 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€2.74b
Earnings (TTM)€93.06m
Revenue (TTM)€982.71m
29.9x
P/E Ratio
2.8x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ENAV income statement (TTM)
Revenue€982.71m
Cost of Revenue€6.82m
Gross Profit€975.89m
Other Expenses€882.83m
Earnings€93.06m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

May 12, 2026

Earnings per share (EPS)0.17
Gross Margin99.31%
Net Profit Margin9.47%
Debt/Equity Ratio48.6%

How did ENAV perform over the long term?

See historical performance and comparison

Dividends

5.6%
Current Dividend Yield
169%
Payout Ratio

Does ENAV pay a reliable dividends?

See ENAV dividend history and benchmarks
When do you need to buy ENAV by to receive an upcoming dividend?
ENAV dividend dates
Ex Dividend DateJun 22 2026
Dividend Pay DateJun 24 2026
Days until Ex dividend42 days
Days until Dividend pay date44 days

Does ENAV pay a reliable dividends?

See ENAV dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/08 11:23
End of Day Share Price 2026/05/08 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

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
Tommaso MarabiniBanca Akros S.p.A. (ESN)
Francesco SalaBanca Akros S.p.A. (ESN)
Francesco SalaBanca Akros S.p.A. (ESN)