Financials Eni LIQUIDNET SYSTEMS

Equities

ENI

IT0003132476

Integrated Oil & Gas

End-of-day quote LIQUIDNET SYSTEMS 5-day change 1st Jan Change
- EUR -.--% Intraday chart for Eni -.--% -.--%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 49,853 30,538 43,240 44,706 49,449 46,304 - -
Enterprise Value (EV) 1 66,978 47,124 61,816 56,678 65,684 64,731 63,486 63,014
P/E ratio 346 x -3.56 x 7.23 x 3.38 x 11 x 6.72 x 6.64 x 6.46 x
Yield 6.21% 4.21% 7.04% 6.62% 6.12% 6.89% 7.15% 7.41%
Capitalization / Revenue 0.71 x 0.69 x 0.56 x 0.34 x 0.53 x 0.49 x 0.49 x 0.47 x
EV / Revenue 0.96 x 1.07 x 0.81 x 0.43 x 0.7 x 0.68 x 0.67 x 0.64 x
EV / EBITDA 4.01 x 5.12 x 3.7 x 2.29 x 3.09 x 3.27 x 3.27 x 3.18 x
EV / FCF 16.7 x 265 x 8.12 x 6.03 x 11.1 x 13.7 x 10.1 x 10.9 x
FCF Yield 6% 0.38% 12.3% 16.6% 8.99% 7.31% 9.86% 9.18%
Price to Book 1.04 x 0.81 x 0.98 x 0.85 x 0.95 x 0.85 x 0.79 x 0.75 x
Nbr of stocks (in thousands) 36,00,558 35,72,550 35,38,443 33,64,864 32,21,837 31,94,269 - -
Reference price 2 13.85 8.548 12.22 13.29 15.35 14.50 14.50 14.50
Announcement Date 28/02/20 19/02/21 18/02/22 23/02/23 16/02/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 69,881 43,987 76,570 1,32,237 93,717 95,271 95,362 97,978
EBITDA 1 16,703 9,202 16,729 24,740 21,284 19,767 19,393 19,827
EBIT 1 8,597 1,898 9,667 20,391 13,805 12,091 11,577 11,586
Operating Margin 12.3% 4.31% 12.63% 15.42% 14.73% 12.69% 12.14% 11.83%
Earnings before Tax (EBT) 1 5,746 -5,946 11,103 22,066 10,206 13,696 13,050 13,140
Net income 1 148 -8,563 6,128 13,810 4,747 7,014 6,921 6,865
Net margin 0.21% -19.47% 8% 10.44% 5.07% 7.36% 7.26% 7.01%
EPS 2 0.0400 -2.400 1.690 3.930 1.400 2.156 2.185 2.245
Free Cash Flow 1 4,016 178 7,617 9,404 5,904 4,731 6,261 5,786
FCF margin 5.75% 0.4% 9.95% 7.11% 6.3% 4.97% 6.57% 5.91%
FCF Conversion (EBITDA) 24.04% 1.93% 45.53% 38.01% 27.74% 23.93% 32.28% 29.18%
FCF Conversion (Net income) 2,713.51% - 124.3% 68.1% 124.37% 67.45% 90.46% 84.28%
Dividend per Share 2 0.8600 0.3600 0.8600 0.8800 0.9400 0.9991 1.036 1.074
Announcement Date 28/02/20 19/02/21 18/02/22 23/02/23 16/02/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2020 S1 2020 S2 2021 S1 2021 Q4 2022 Q1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 - - - 26,761 32,129 31,556 - 37,302 31,250 27,185 19,591 - 22,319 24,622 22,936 26,902 27,124 26,358 29,592 22,650
EBITDA 1 - - - 5,770 - 7,386 - - 6,167 6,493 5,254 - - 4,754 6,074 5,099 5,047 4,922 5,317 5,288
EBIT 1 873 - 3,366 3,809 5,191 5,841 11,032 5,772 3,587 4,641 3,381 8,022 3,014 2,769 4,116 2,949 2,916 2,911 3,068 2,869
Operating Margin - - - 14.23% 16.16% 18.51% - 15.47% 11.48% 17.07% 17.26% - 13.5% 11.25% 17.95% 10.96% 10.75% 11.04% 10.37% 12.67%
Earnings before Tax (EBT) - - - 5,390 - - - - 460 - 2,057 - 3,438 1,130 2,725 - - - - -
Net income 1 -7,335 - 1,103 3,822 3,583 3,815 7,398 5,862 550 2,388 294 - 1,916 - 1,211 1,602 1,583 1,496 1,695 1,584
Net margin - - - 14.28% 11.15% 12.09% - 15.71% 1.76% 8.78% 1.5% - 8.58% - 5.28% 5.96% 5.84% 5.68% 5.73% 6.99%
EPS 2 - - - 1.060 1.000 1.070 - 1.670 0.1900 0.7000 0.0800 - 0.5700 - 0.3700 0.4948 0.4931 0.4711 0.5398 0.5101
Dividend per Share 2 0.1200 0.2400 0.4300 0.4300 - 0.2200 - 0.2200 0.2200 - 0.2300 - - 0.2300 - 0.2522 0.2522 0.2522 0.2610 0.2675
Announcement Date 30/07/20 19/02/21 30/07/21 18/02/22 29/04/22 29/07/22 29/07/22 28/10/22 23/02/23 28/04/23 28/07/23 28/07/23 27/10/23 16/02/24 24/04/24 - - - - -
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 17,125 16,586 18,576 11,972 16,235 18,427 17,182 16,710
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 1.025 x 1.802 x 1.11 x 0.4839 x 0.7628 x 0.9322 x 0.886 x 0.8428 x
Free Cash Flow 1 4,016 178 7,617 9,404 5,904 4,731 6,261 5,786
ROE (net income / shareholders' equity) 5.82% -1.74% 11.5% 26.8% 15.4% 12.4% 11.8% 11.7%
ROA (Net income/ Total Assets) 2.38% -0.64% 3.83% 9.53% 5.63% 4.97% 4.97% 5.07%
Assets 1 6,222 13,45,115 1,60,113 1,44,947 84,321 1,41,106 1,39,154 1,35,348
Book Value Per Share 2 13.30 10.50 12.50 15.70 16.10 17.10 18.30 19.30
Cash Flow per Share 2 3.450 1.350 3.600 5.000 4.540 4.300 4.340 4.330
Capex 1 8,376 4,644 5,234 8,056 9,215 8,721 8,582 8,544
Capex / Sales 11.99% 10.56% 6.84% 6.09% 9.83% 9.15% 9% 8.72%
Announcement Date 28/02/20 19/02/21 18/02/22 23/02/23 16/02/24 - - -
1EUR in Million2EUR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
21
Last Close Price
14.5 EUR
Average target price
16.94 EUR
Spread / Average Target
+16.83%
Consensus