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 59,952 - -
Change - 3.39% 10.61% -18.28% 21.13% 22.47% - -
Enterprise Value (EV) 1 61,816 56,678 65,684 59,039 64,037 72,383 71,142 69,791
Change - -8.31% 15.89% -10.12% 8.47% 13.03% -1.72% -1.9%
P/E 7.23x 3.38x 11x 16.6x 20.7x 8.09x 9.01x 8.7x
PBR 0.98x 0.85x 0.95x 0.78x 1.02x 1.19x 1.13x 1.06x
PEG - 0x -0.2x -0.4x -16.35x 0x -0.9x 2.38x
Capitalization / Revenue 0.56x 0.34x 0.53x 0.46x 0.6x 0.6x 0.65x 0.64x
EV / Revenue 0.81x 0.43x 0.7x 0.66x 0.78x 0.72x 0.77x 0.74x
EV / EBITDA 3.7x 2.29x 3.09x 3.26x 4.08x 3.55x 3.82x 3.66x
EV / EBIT 6.39x 2.78x 4.76x 5.71x 7.67x 5.68x 6.58x 6.33x
EV / FCF 8.12x 6.03x 11.1x 12.8x 13.7x 8.76x 9.15x 8.49x
FCF Yield 12.3% 16.6% 8.99% 7.8% 7.31% 11.4% 10.9% 11.8%
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% 5.37% 5.6% 5.83%
EPS 2 1.69 3.93 1.4 0.79 0.78 2.519 2.262 2.344
Distribution rate 50.9% 22.4% 67.1% 127% 135% 43.5% 50.5% 50.7%
Net sales 1 76,570 132,237 93,717 88,797 82,151 99,937 92,399 93,782
EBITDA 1 16,729 24,740 21,284 18,091 15,693 20,391 18,642 19,094
EBIT 1 9,667 20,391 13,805 10,348 8,344 12,755 10,816 11,033
Net income 1 6,128 13,810 4,747 2,641 2,608 7,274 6,186 6,216
Net Debt 1 18,576 11,972 16,235 18,628 15,086 12,431 11,190 9,839
Reference price 2 12.22 13.29 15.35 13.09 16.14 20.39 20.39 20.39
Nbr of stocks (in thousands) 3,538,443 3,364,864 3,221,837 3,087,185 3,032,919 2,940,278 - -
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.($)
13.19x3.29x6.28x5.33% 1,682B
11.11x1.55x5.24x4.21% 335B
7.53x0.79x3.62x4.03% 215B
6.75x0.94x3.72x5.37% 170B
3.17x1.43x2.76x13.45% 101B
6.67x0.72x1.7x4.88% 80.56B
Average 8.07x 1.45x 3.89x 6.21% 430.6B
Weighted average by Cap. 11.43x 2.55x 5.48x 5.39%

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