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 60,938 - -
Change - 3.39% 10.61% -18.28% 21.13% 24.49% - -
Enterprise Value (EV) 1 61,816 56,678 65,684 59,039 64,037 73,520 72,386 71,158
Change - -8.31% 15.89% -10.12% 8.47% 14.81% -1.54% -1.7%
P/E 7.23x 3.38x 11x 16.6x 20.7x 8.41x 9.3x 9.09x
PBR 0.98x 0.85x 0.95x 0.78x 1.02x 1.22x 1.15x 1.09x
PEG - 0x -0.2x -0.4x -16.35x 0x -0.97x 3.92x
Capitalization / Revenue 0.56x 0.34x 0.53x 0.46x 0.6x 0.62x 0.67x 0.66x
EV / Revenue 0.81x 0.43x 0.7x 0.66x 0.78x 0.75x 0.79x 0.77x
EV / EBITDA 3.7x 2.29x 3.09x 3.26x 4.08x 3.66x 3.93x 3.79x
EV / EBIT 6.39x 2.78x 4.76x 5.71x 7.67x 5.77x 6.63x 6.45x
EV / FCF 8.12x 6.03x 11.1x 12.8x 13.7x 8.9x 9.31x 8.66x
FCF Yield 12.3% 16.6% 8.99% 7.8% 7.31% 11.2% 10.7% 11.6%
Dividend per Share 2 0.86 0.88 0.94 1 1.05 1.096 1.143 1.188
Rate of return 7.04% 6.62% 6.12% 7.64% 6.51% 5.28% 5.51% 5.73%
EPS 2 1.69 3.93 1.4 0.79 0.78 2.469 2.232 2.284
Distribution rate 50.9% 22.4% 67.1% 127% 135% 44.4% 51.2% 52%
Net sales 1 76,570 132,237 93,717 88,797 82,151 97,757 91,568 92,156
EBITDA 1 16,729 24,740 21,284 18,091 15,693 20,074 18,427 18,754
EBIT 1 9,667 20,391 13,805 10,348 8,344 12,733 10,920 11,030
Net income 1 6,128 13,810 4,747 2,641 2,608 7,254 6,136 6,126
Net Debt 1 18,576 11,972 16,235 18,628 15,086 12,582 11,449 10,220
Reference price 2 12.22 13.29 15.35 13.09 16.14 20.76 20.76 20.76
Nbr of stocks (in thousands) 3,538,443 3,364,864 3,221,837 3,087,185 3,032,919 2,936,054 - -
Announcement Date 2/18/22 2/23/23 2/16/24 2/27/25 2/26/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
13.68x3.36x6.48x5.21% 1,722B
11.61x1.64x5.46x4.04% 349B
7.45x0.54x3.4x7.02% 246B
7.88x0.84x3.82x3.82% 227B
6.97x0.97x3.84x5.26% 174B
5.3x1.56x2.51x8.55% 136B
3.29x1.47x2.83x12.98% 107B
7.1x0.78x1.81x4.68% 84.02B
Average 7.91x 1.40x 3.77x 6.44% 380.48B
Weighted average by Cap. 11.20x 2.40x 5.33x 5.53%

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