Eni Spa Adr Stock Filter Stocks by Fundamentals
E Stock | USD 31.72 0.25 0.79% |
Eni SpA ADR fundamentals help investors to digest information that contributes to Eni SPA's financial success or failures. It also enables traders to predict the movement of Eni Stock. The fundamental analysis module provides a way to measure Eni SPA's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Eni SPA stock.
Eni | Price to Earnings To Growth |
Eni Price to Earnings To Growth Analysis
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 1.1B | 8.4B | 7.4B | 7.8B | Tax Provision | 5.0B | 8.2B | 4.2B | 4.9B |
Eni Price to Earnings To Growth Driver Correlations
Understanding the fundamental principles of building solid financial models for Eni SPA is extremely important. It helps to project a fair market value of Eni Stock properly, considering its historical fundamentals such as Price to Earnings To Growth. Since Eni SPA's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Eni SPA's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Eni SPA's interrelated accounts and indicators.
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Eni Price Earnings To Growth Ratio
Price Earnings To Growth Ratio |
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Based on the latest financial disclosure, the price to earnings to growth indicator of Eni SpA ADR is roughly 0.0null. This indicator is about the same for the Oil, Gas & Consumable Fuels average (which is currently at 0.0) sector and about the same as Price to Earnings To Growth (which currently averages 0.0) industry. This indicator is about the same for all United States stocks average (which is currently at 0.0).
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Eni Fundamentals
Return On Equity | 0.0889 | ||||
Return On Asset | 0.0437 | ||||
Profit Margin | 0.05 % | ||||
Operating Margin | 0.09 % | ||||
Current Valuation | 67.92 B | ||||
Shares Outstanding | 1.6 B | ||||
Shares Owned By Institutions | 1.30 % | ||||
Number Of Shares Shorted | 917.38 K | ||||
Price To Earning | 2.86 X | ||||
Price To Book | 0.87 X | ||||
Price To Sales | 0.54 X | ||||
Revenue | 93.72 B | ||||
Gross Profit | 31.16 B | ||||
EBITDA | 17.59 B | ||||
Net Income | 4.75 B | ||||
Cash And Equivalents | 10.15 B | ||||
Cash Per Share | 9.77 X | ||||
Total Debt | 34.06 B | ||||
Debt To Equity | 0.63 % | ||||
Current Ratio | 1.30 X | ||||
Book Value Per Share | 16.39 X | ||||
Cash Flow From Operations | 15.12 B | ||||
Short Ratio | 3.49 X | ||||
Earnings Per Share | 3.04 X | ||||
Price To Earnings To Growth | 1.87 X | ||||
Target Price | 34.55 | ||||
Beta | 1.07 | ||||
Market Capitalization | 50.83 B | ||||
Total Asset | 142.66 B | ||||
Retained Earnings | 37.43 B | ||||
Working Capital | 13.77 B | ||||
Current Asset | 37.49 B | ||||
Current Liabilities | 23.59 B | ||||
Z Score | 2.44 | ||||
Annual Yield | 0.06 % | ||||
Five Year Return | 6.18 % | ||||
Net Asset | 142.66 B | ||||
Last Dividend Paid | 0.94 |
About Eni SPA Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Eni SpA ADR's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Eni SPA using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Eni SpA ADR based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Eni S.p.A. engages in the exploration, development, and production of crude oil and natural gas. The company was founded in 1953 and is headquartered in Rome, Italy. Eni SPA operates under Oil Gas Integrated classification in the United States and is traded on New York Stock Exchange. It employs 32562 people.
Eni SPA Investors Sentiment
The influence of Eni SPA's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Eni. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Eni SPA's public news can be used to forecast risks associated with an investment in Eni. The trend in average sentiment can be used to explain how an investor holding Eni can time the market purely based on public headlines and social activities around Eni SpA ADR. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Eni SPA's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Eni SPA's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Eni SPA's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Eni SPA.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Eni SPA in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Eni SPA's short interest history, or implied volatility extrapolated from Eni SPA options trading.
Pair Trading with Eni SPA
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Eni SPA position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Eni SPA will appreciate offsetting losses from the drop in the long position's value.Moving together with Eni Stock
0.87 | EQNR | Equinor ASA ADR Financial Report 2nd of May 2024 | PairCorr |
Moving against Eni Stock
0.71 | NS | NuStar Energy LP Financial Report 2nd of May 2024 | PairCorr |
0.43 | ET | Energy Transfer LP Financial Report 7th of May 2024 | PairCorr |
The ability to find closely correlated positions to Eni SPA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eni SPA when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Eni SPA - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Eni SpA ADR to buy it.
The correlation of Eni SPA is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Eni SPA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eni SpA ADR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Eni SPA can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Eni SPA Piotroski F Score and Eni SPA Altman Z Score analysis. Note that the Eni SpA ADR information on this page should be used as a complementary analysis to other Eni SPA's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Complementary Tools for Eni Stock analysis
When running Eni SPA's price analysis, check to measure Eni SPA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Eni SPA is operating at the current time. Most of Eni SPA's value examination focuses on studying past and present price action to predict the probability of Eni SPA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eni SPA's price. Additionally, you may evaluate how the addition of Eni SPA to your portfolios can decrease your overall portfolio volatility.
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Is Eni SPA's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Eni SPA. If investors know Eni will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Eni SPA listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.70) | Dividend Share 0.94 | Earnings Share 3.04 | Revenue Per Share 57.43 | Quarterly Revenue Growth (0.21) |
The market value of Eni SpA ADR is measured differently than its book value, which is the value of Eni that is recorded on the company's balance sheet. Investors also form their own opinion of Eni SPA's value that differs from its market value or its book value, called intrinsic value, which is Eni SPA's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Eni SPA's market value can be influenced by many factors that don't directly affect Eni SPA's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Eni SPA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eni SPA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eni SPA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.