Company Valuation: Eni

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 43,240 44,706 49,449 40,411 48,951 69,946 - -
Change - 3.39% 10.61% -18.28% 21.13% 42.89% - -
Enterprise Value (EV) 1 61,816 56,678 65,684 59,039 64,037 82,149 80,574 78,912
Change - -8.31% 15.89% -10.12% 8.47% 28.28% -1.92% -2.06%
P/E 7.23x 3.38x 11x 16.6x 20.7x 8.88x 10.6x 10.2x
PBR 0.98x 0.85x 0.95x 0.78x 1.02x 1.39x 1.32x 1.24x
PEG - 0x -0.2x -0.4x -16.35x 0x -0.7x 2.99x
Capitalization / Revenue 0.56x 0.34x 0.53x 0.46x 0.6x 0.7x 0.79x 0.81x
EV / Revenue 0.81x 0.43x 0.7x 0.66x 0.78x 0.82x 0.91x 0.91x
EV / EBITDA 3.7x 2.29x 3.09x 3.26x 4.08x 4.09x 4.4x 4.23x
EV / EBIT 6.39x 2.78x 4.76x 5.71x 7.67x 6.51x 7.36x 7.14x
EV / FCF 8.12x 6.03x 11.1x 12.8x 13.7x 9.9x 10.2x 9.37x
FCF Yield 12.3% 16.6% 8.99% 7.8% 7.31% 10.1% 9.77% 10.7%
Dividend per Share 2 0.86 0.88 0.94 1 1.05 1.117 1.144 1.189
Rate of return 7.04% 6.62% 6.12% 7.64% 6.51% 4.66% 4.77% 4.96%
EPS 2 1.69 3.93 1.4 0.79 0.78 2.704 2.27 2.348
Distribution rate 50.9% 22.4% 67.1% 127% 135% 41.3% 50.4% 50.7%
Net sales 1 76,570 1,32,237 93,717 88,797 82,151 99,760 88,349 86,503
EBITDA 1 16,729 24,740 21,284 18,091 15,693 20,077 18,326 18,676
EBIT 1 9,667 20,391 13,805 10,348 8,344 12,611 10,944 11,056
Net income 1 6,128 13,810 4,747 2,641 2,608 7,677 6,050 6,192
Net Debt 1 18,576 11,972 16,235 18,628 15,086 12,203 10,628 8,967
Reference price 2 12.22 13.29 15.35 13.09 16.14 24.00 24.00 24.00
Nbr of stocks (in thousands) 35,38,443 33,64,864 32,21,837 30,87,185 30,32,919 29,14,412 - -
Announcement Date 18/02/22 23/02/23 16/02/24 27/02/25 26/02/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
13.8x3.55x6.6x5.26% 1,70900Cr
13.22x1.85x5.96x3.52% 40TCr
8.05x0.61x3.76x6.5% 28TCr
7.99x0.88x3.89x3.45% 25TCr
8.18x1.05x4.37x4.65% 20TCr
5.93x1.76x2.83x7.6% 15TCr
3.61x1.52x2.85x8.39% 11TCr
7.77x0.84x2.06x3.82% 9.79TCr
8.79x0.82x4.06x4.7% 8.03TCr
Average 8.59x 1.43x 4.04x 5.32% 36.4TCr
Weighted average by Cap. 11.44x 2.44x 5.44x 5.14%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield