Eni Return On Tangible Assets from 2010 to 2024

E Stock  USD 28.89  0.04  0.14%   
Eni SPA's Return On Tangible Assets are increasing over the years with very volatile fluctuation. Overall, Return On Tangible Assets are expected to go to 0.06 this year. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
0.03408198
Current Value
0.0586
Quarterly Volatility
0.04690157
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Eni SPA financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Eni SPA's main balance sheet or income statement drivers, such as Depreciation And Amortization of 7.2 B or Interest Expense of 8.5 B, as well as many indicators such as Price To Sales Ratio of 0.96 or Dividend Yield of 0.0424. Eni financial statements analysis is a perfect complement when working with Eni SPA Valuation or Volatility modules.
  
Check out the analysis of Eni SPA Correlation against competitors.

Latest Eni SPA's Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Eni SpA ADR over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Eni SPA's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Eni SPA's overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Very volatile
   Return On Tangible Assets   
       Timeline  

Eni Return On Tangible Assets Regression Statistics

Arithmetic Mean0.02
Coefficient Of Variation199.90
Mean Deviation0.03
Median0.04
Standard Deviation0.05
Sample Variance0
Range0.1756
R-Value0.02
Mean Square Error0
R-Squared0.0003
Significance0.95
Slope0.0002
Total Sum of Squares0.03

Eni Return On Tangible Assets History

2024 0.0586
2023 0.0341
2022 0.0947
2021 0.0438
2020 -0.0809
2019 0.001229
2018 0.0358

About Eni SPA Financial Statements

Eni SPA stakeholders use historical fundamental indicators, such as Eni SPA's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although Eni SPA investors may analyze each financial statement separately, they are all interrelated. For example, changes in Eni SPA's assets and liabilities are reflected in the revenues and expenses on Eni SPA's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Eni SpA ADR. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.03  0.06 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out the analysis of Eni SPA Correlation against competitors.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Oil, Gas & Consumable Fuels space 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
(0.72)
Dividend Share
0.23
Earnings Share
1.62
Revenue Per Share
57.642
Quarterly Revenue Growth
(0.07)
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.