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 65,768 - -
Change - 3.39% 10.61% -18.28% 21.13% 34.35% - -
Enterprise Value (EV) 1 61,816 56,678 65,684 59,039 64,037 78,421 77,300 76,084
Change - -8.31% 15.89% -10.12% 8.47% 22.46% -1.43% -1.57%
P/E 7.23x 3.38x 11x 16.6x 20.7x 9.27x 10x 9.63x
PBR 0.98x 0.85x 0.95x 0.78x 1.02x 1.32x 1.25x 1.18x
PEG - 0x -0.2x -0.4x -16.35x 0x -1.36x 2.47x
Capitalization / Revenue 0.56x 0.34x 0.53x 0.46x 0.6x 0.66x 0.71x 0.7x
EV / Revenue 0.81x 0.43x 0.7x 0.66x 0.78x 0.79x 0.83x 0.81x
EV / EBITDA 3.7x 2.29x 3.09x 3.26x 4.08x 3.94x 4.2x 4.05x
EV / EBIT 6.39x 2.78x 4.76x 5.71x 7.67x 6.25x 7.1x 6.88x
EV / FCF 8.12x 6.03x 11.1x 12.8x 13.7x 8.82x 9.66x 9.04x
FCF Yield 12.3% 16.6% 8.99% 7.8% 7.31% 11.3% 10.4% 11.1%
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% 4.89% 5.1% 5.3%
EPS 2 1.69 3.93 1.4 0.79 0.78 2.416 2.238 2.325
Distribution rate 50.9% 22.4% 67.1% 127% 135% 45.4% 51.1% 51.1%
Net sales 1 76,570 132,237 93,717 88,797 82,151 99,625 92,968 93,797
EBITDA 1 16,729 24,740 21,284 18,091 15,693 19,905 18,385 18,777
EBIT 1 9,667 20,391 13,805 10,348 8,344 12,556 10,894 11,063
Net income 1 6,128 13,810 4,747 2,641 2,608 6,905 6,027 6,213
Net Debt 1 18,576 11,972 16,235 18,628 15,086 12,654 11,532 10,316
Reference price 2 12.22 13.29 15.35 13.09 16.14 22.40 22.40 22.40
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.($)
13.7x3.4x6.48x5.23% 1,712B
12.77x1.76x5.79x3.76% 376B
8.11x0.63x3.95x6.44% 287B
8.37x0.94x4.08x3.58% 243B
7.87x1.01x4.21x4.83% 188B
5.77x1.71x2.74x8% 146B
3.4x1.51x2.89x12.55% 111B
7.1x0.81x1.98x4.03% 92.83B
Average 8.39x 1.47x 4.01x 6.05% 394.31B
Weighted average by Cap. 11.40x 2.40x 5.42x 5.36%

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