Eni S.p.A. (E) is a publicly traded company in the Energy — Oil & Gas Integrated industry listed on NYSE. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
Eni S.p.A. is an international energy company primarily engaged in the discovery, development, and extraction of crude oil and natural gas resources. Its operations are organized into distinct divisions: Exploration & Production; Global Gas & LNG Portfolio; Refining & Marketing and Chemicals; Plenitude and Power; and Corporate and Other activities.
Is Eni S.p.A. stock overvalued or undervalued in 2026?
Eni S.p.A. (E) trades at 10.3× earnings (P/E), against a median of 17.3× across the 140 energy companies above $2bn in Kaplio's universe. No valuation verdict: it is a cyclical and today's P/E (10.3) does not tell whether it is cheap.
Kaplio overview: Eni S.p.A.
Market cap $90B · 52 weeks $36 – $62 (4 % below the high) · P/E 10.3× · 2027 expected P/E 9.7× · Dividend 3.9 % · 5 years rising · Next earnings February 25, 2027 · expected EPS $1.85 · Closing price, Oct 28 · accounts published Oct 23.
- Valuation: P/E 10.3× (no verdict).
- Business: 5-year ROIC 5.3 % (weak).
- Balance sheet: Net debt/EBITDA 1.5× (solid).
- Earnings: 5 of 8 (uneven).
What would it be worth at its usual multiples?
No valuation verdict: it is a cyclical and today's P/E (10.3) does not tell whether it is cheap.
In cyclicals the P/E misleads: today's earnings are not the normal ones.
What matters in energy: 5 of 8 pass
- FCF yield 5.1 %, fails.
- 5y avg ROIC 5.3 %, fails.
- EV/EBITDA vs own 10y 7.1×, fails.
- Positive FCF through the cycle 9 de 10 ejercicios, passes.
- Dividend coverage (FCF / div) 1.5×, passes.
- Net debt / EBITDA 1.5×, passes.
- Capex / Revenue 10.6 %, passes.
- P/E read in reverse (cyclicals) 10.3×, passes.
Against its peers (reference peers) — Eni S.p.A.: P/E 10.3×; EV/EBITDA 7.1×; ROIC 3.4 %; $89.7B. Suncor Energy Inc. (P/E 13.9×; EV/EBITDA 6.7×; ROIC 9.2 %; $91.6B), Equinor ASA (P/E 13.0×; EV/EBITDA 3.0×; ROIC 8.3 %; $114B), BP p.l.c. (P/E 24.9×; EV/EBITDA 4.3×; ROIC 5.8 %; $131B).
Expensive or cheap against its last ten years?
P/E at each close: today 10.3× · median 11.2× · minimum 3.2× · maximum 49.4× · cheap below 7.3× · expensive above 18.6×. It has been cheaper than today only 41% of the time over its last ten years.
Dividend
fragile · Yield 3.9 % ($2.27 per ADS in 2025) · Years raising it 5 · 5-year growth +13 % a year · Free cash flow coverage 1.7× · With $1,000 invested today you'd collect $39.40 a year ($3.28 a month).
Profitability
| Return on Equity | 15.47% |
| Return on Invested Capital | 3.37% |
| Return on Assets | 4.99% |
| Gross Margin | 9.84% |
| Operating Margin | 7.75% |
| Net Margin | 8.70% |
Financial Health
| Debt / Equity | 0.73 |
| Current Ratio | 1.18 |
| Piotroski F-Score | 6 |
| Altman Z-Score | 1.43 |
Price Performance
| 1 month | +9.15% |
| 3 months | +7.36% |
| Year-to-date | +57.22% |
| 1 year | +60.61% |
| 3 years | +83.43% |
| 5 years | +107.19% |
| 10 years | +105.12% |
Dividend History
Paid in the last 12 months: $2.4404 per share in 4 payments.
| Date | Amount |
|---|---|
| 2026-11-24 | $0.6335 |
| 2026-09-22 | $0.6073 |
| 2026-05-19 | $0.6263 |
| 2026-03-24 | $0.6025 |
| 2025-11-25 | $0.6043 |
| 2025-09-23 | $0.6099 |
| 2025-05-20 | $0.5706 |
| 2025-03-25 | $0.5835 |
| 2024-11-19 | $0.5249 |
| 2024-09-24 | $0.6178 |
Amounts adjusted for stock splits.
Related companies: XOM · CVX · SHEL · TTE · PBR · BP · EQNR · SU
Explore sector: Energy · Oil & Gas Integrated
More sections of E: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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