Valuation Eni Liquidnet

Stocks

End-of-day quote Liquidnet			5-day change	1st Jan Change
- ^EUR	-.--%		-.--%	-

Aug. 28	A listless week for the MIB: Nexi shines, Leonardo slides	AN
Aug. 28	Buying across Europe, Lottomatica goes all-in on the MIB	AN

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	66,419	-	-
Change	-	3.39%	10.61%	-18.28%	21.13%	35.68%	-	-
Enterprise Value (EV) ¹	61,816	56,678	65,684	59,039	64,037	78,856	77,606	76,094
Change	-	-8.31%	15.89%	-10.12%	8.47%	23.14%	-1.58%	-1.95%
P/E	7.23x	3.38x	11x	16.6x	20.7x	8.26x	9.92x	9.59x
PBR	0.98x	0.85x	0.95x	0.78x	1.02x	1.32x	1.26x	1.19x
PEG	-	0x	-0.2x	-0.4x	-16.35x	0x	-0.6x	2.8x
Capitalization / Revenue	0.56x	0.34x	0.53x	0.46x	0.6x	0.67x	0.75x	0.77x
EV / Revenue	0.81x	0.43x	0.7x	0.66x	0.78x	0.79x	0.88x	0.88x
EV / EBITDA	3.7x	2.29x	3.09x	3.26x	4.08x	3.93x	4.23x	4.07x
EV / EBIT	6.39x	2.78x	4.76x	5.71x	7.67x	6.24x	7.08x	6.86x
EV / FCF	8.12x	6.03x	11.1x	12.8x	13.7x	8.93x	9.75x	8.82x
FCF Yield	12.3%	16.6%	8.99%	7.8%	7.31%	11.2%	10.3%	11.3%
Dividend per Share ²	0.86	0.88	0.94	1	1.05	1.117	1.144	1.19
Rate of return	7.04%	6.62%	6.12%	7.64%	6.51%	4.9%	5.02%	5.22%
EPS ²	1.69	3.93	1.4	0.79	0.78	2.761	2.297	2.376
Distribution rate	50.9%	22.4%	67.1%	127%	135%	40.5%	49.8%	50.1%
Net sales ¹	76,570	132,237	93,717	88,797	82,151	99,760	88,349	86,503
EBITDA ¹	16,729	24,740	21,284	18,091	15,693	20,072	18,355	18,709
EBIT ¹	9,667	20,391	13,805	10,348	8,344	12,646	10,968	11,085
Net income ¹	6,128	13,810	4,747	2,641	2,608	7,839	6,115	6,255
Net Debt ¹	18,576	11,972	16,235	18,628	15,086	12,436	11,187	9,674
Reference price ²	12.22	13.29	15.35	13.09	16.14	22.79	22.79	22.79
Nbr of stocks (in thousands)	3,538,443	3,364,864	3,221,837	3,087,185	3,032,919	2,914,412	-	-
Announcement Date	2/18/22	2/23/23	2/16/24	2/27/25	2/26/26	-	-	-

¹EUR in Million²EUR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
ARAMCO	13.74x	3.51x	6.61x	5.32%	1,682B
CHEVRON CORPORATION	13.13x	1.82x	5.96x	3.53%	396B
PETROCHINA COMPANY LIMITED	8.58x	0.64x	3.99x	6.12%	298B
SHELL PLC	8.02x	0.88x	3.87x	3.44%	251B
TOTALENERGIES SE	8.06x	1.03x	4.3x	4.72%	193B
CNOOC LIMITED	6.44x	1.81x	2.88x	6.86%	160B
PETROBRAS	3.7x	1.54x	2.9x	8.18%	114B
EQUINOR ASA	7.78x	0.84x	2.06x	3.82%	97.95B
ENI S.P.A.	8.26x	0.79x	3.93x	4.9%	77.08B
Average	8.63x	1.43x	4.05x	5.21%	363.12B
Weighted average by Cap.	11.40x	2.40x	5.43x	5.12%