Company Valuation: Eni S.p.A

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 30,538 43,240 44,706 49,449 40,411 55,041 55,041 -
Change - 41.59% 3.39% 10.61% -18.28% 36.2% 0% -
Enterprise Value (EV) 1 47,124 61,816 56,678 65,684 59,039 71,054 70,770 71,197
Change - 31.18% -8.31% 15.89% -10.12% 20.35% -0.4% 0.6%
P/E ratio -3.56x 7.23x 3.38x 11x 16.6x 13.7x 12.1x 10x
PBR 0.81x 0.98x 0.85x 0.95x 0.78x 1.12x 1.09x 1.06x
PEG - -0x 0x -0.2x -0.4x 0.2x 0.9x 0.5x
Capitalization / Revenue 0.69x 0.56x 0.34x 0.53x 0.46x 0.67x 0.66x 0.62x
EV / Revenue 1.07x 0.81x 0.43x 0.7x 0.66x 0.86x 0.85x 0.81x
EV / EBITDA 5.12x 3.7x 2.29x 3.09x 3.26x 4.26x 4.34x 4x
EV / EBIT 24.8x 6.39x 2.78x 4.76x 5.71x 8.5x 8.96x 7.83x
EV / FCF 265x 8.12x 6.03x 11.1x 12.8x 13.8x 14.9x 14.8x
FCF Yield 0.38% 12.3% 16.6% 8.99% 7.8% 7.27% 6.7% 6.75%
Dividend per Share 2 0.36 0.86 0.88 0.94 1 1.048 1.088 1.129
Rate of return 4.21% 7.04% 6.62% 6.12% 7.64% 5.77% 6% 6.22%
EPS 2 -2.4 1.69 3.93 1.4 0.79 1.325 1.502 1.807
Distribution rate -15% 50.9% 22.4% 67.1% 127% 79.1% 72.5% 62.5%
Net sales 1 43,987 76,570 132,237 93,717 88,797 82,298 83,008 88,324
EBITDA 1 9,202 16,729 24,740 21,284 18,091 16,668 16,320 17,791
EBIT 1 1,898 9,667 20,391 13,805 10,348 8,361 7,902 9,090
Net income 1 -8,563 6,128 13,810 4,747 2,641 4,216 4,677 5,379
Net Debt 1 16,586 18,576 11,972 16,235 18,628 16,012 15,728 16,156
Reference price 2 8.55 12.22 13.29 15.35 13.09 18.15 18.15 18.15
Nbr of stocks (in thousands) 3,572,550 3,538,443 3,364,864 3,221,837 3,087,185 3,032,919 3,032,919 -
Announcement Date 19/02/21 18/02/22 23/02/23 16/02/24 27/02/25 - - -
1EUR in Million2EUR
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
13.69x0.86x4.26x5.77% 65.25B
16.75x3.9x7.53x5.17% 1,651B
27.14x2.15x9.77x3.73% 364B
9.61x0.67x4.12x5.59% 272B
13.04x0.99x4.79x3.69% 222B
11.52x1.06x4.93x5.02% 163B
4.3x1.73x3.51x9.01% 94.8B
12.59x0.77x2.1x5.38% 69.16B
14.51x1.21x6.53x2.62% 41.38B
Average 13.68x 1.48x 5.28x 5.11% 326.86B
Weighted average by Cap. 16.21x 2.76x 6.80x 5.02%

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