ENI S.p.A. Common Stock (E)

FairStock Score: 62/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look for businesses with durable competitive advantages, conservative balance sheets, and a price that leaves room for error. Eni is a large integrated energy company—exploration and production, gas and LNG, refining, chemicals, and renewables—with 32,168 employees. Its scale and integration are real advantages, but integrated oil and gas is still a price-taking, capital-intensive business. The numbers show why: return on capital employed is only 3.07% and ROE is 10.90%, which are not the hallmarks of a wide moat. The balance sheet is leveraged with debt-to-equity of 0.65, and FairStock’s Altman Z-Score of 1.26 signals financial risk. On the positive side, the Piotroski F-Score is 8/9, and in the second quarter of 2026 Eni earned $3.3B of net income on $22.3B of revenue, a 14.87% margin. Trailing free cash flow is $3.2B, a 4.0% yield, and the dividend yield is 4.51% with a low beta of 0.24. At the 2026-10-13 close of $57.45, the market cap is $79.8B. The P/E is 13.06 and EV/EBITDA is 5.45, which look moderate, but P/B is 1.58 and the Graham Number is $42.03, giving a margin of safety of -36.69%. I would call it fairly priced at best, not a bargain, especially near the 52-week high of $58.00. The latest quarter was profitable, but commodity businesses can give and take quickly.

In plain English: Eni is a large energy company that finds, produces, refines and sells oil and natural gas, and also makes some renewable power. The business is profitable and pays a solid dividend, but its returns on the money it invests are modest and it carries a fair amount of debt. At the recent price of $57.45, the shares look full compared with the company’s earnings and accounting value, and they are near their 52-week high.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer