Eni SpAFRA:ENI -1.54%57 Interest Coverage is 0.38 as of Mar. 2026, which is 59% below its 10-year median of 0.93. GuruFocus rates FRA:ENI with a GF Score™ of 57/100 and a GF Value™ of €14.60 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 731 Oil & Gas companies, Eni SpA ranks worse than 96.31% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Eni SpA's
Operating Income
for the
three
months ended in Mar. 2026 was €629 Mil. Eni SpA's Interest Expense for the
three
months ended in Mar. 2026 was €-1,641 Mil.
Eni SpA's interest coverage for the quarter that ended in Mar. 2026 was 0.38.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Eni SpA's Interest Coverage or its related term are showing as below:
FRA:ENI'
s Interest Coverage Range Over the Past 10 Years
Min: 0.01 Med: 0.93 Max: 2.56
Current: 0.54
FRA:ENI's Interest Coverage is ranked worse than 96.31% of 731
companies
in the Oil & Gas industry
Industry Median: 5.89
vs FRA:ENI: 0.54
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Eni SpA Interest Coverage Related Terms
Eni SpA Interest Coverage Historical Data
* Premium members only.
The historical data trend for Eni SpA's Interest Coverage can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
For the Oil & Gas Integrated subindustry, Eni SpA's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Eni SpA Interest Coverage vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Eni SpA's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Eni SpA's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Eni SpA (FRA:ENI) has a Interest Coverage of 0.38 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Eni SpA and its competitors. This is 59% below median its historical median of 0.93. Over the past decade, Eni SpA's Interest Coverage has ranged from 0.01 to 2.56. According to the industry distribution chart, Eni SpA ranks #704 out of 731 companies in the Oil & Gas industry, placing it in the top 96.3%.
Is Eni SpA's Interest Coverage too high?
Eni SpA's current Interest Coverage of 0.38 is 59% below median its 10-year median of 0.93. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 2.56. The Oil & Gas industry median Interest Coverage is 5.89. Eni SpA's value of 0.38 is 93.5% below this industry median. Based on the distribution chart, Eni SpA ranks #704 out of 731 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Eni SpA has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Eni SpA's Interest Coverage compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Eni SpA ranks #704 out of 731 companies for Interest Coverage. This places Eni SpA in the lower half of its industry. The industry median Interest Coverage is 5.89. Eni SpA's value of 0.38 is 93.5% below this benchmark. Historically, Eni SpA's own Interest Coverage has ranged from 0.01 to 2.56 over the past decade. While the company's 10-year median is 0.93 vs. the industry median of 5.89, Eni SpA has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for an Oil & Gas company?
The median Interest Coverage among Oil & Gas companies is 5.89, based on 731 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Eni SpA's current Interest Coverage of 0.38 is 93.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Eni SpA and its competitors. For the Oil & Gas industry, the median Interest Coverage is 5.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eni SpA's current Interest Coverage is 0.38, which is 59% below median its own 10-year median of 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eni SpA stock overvalued right now?
Based on GuruFocus' analysis, Eni SpA (FRA:ENI) is currently considered Significantly Overvalued. The stock's GF Value™ is €14.60, compared to a current price of €20.15 — trading 38% above its estimated fair value. The current Interest Coverage is 0.38, which is 59% below median its 10-year median of 0.93 and 93.5% below the Oil & Gas industry median of 5.89. Eni SpA's overall GF Score™ is 57/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Eni SpA (FRA:ENI), the current Interest Coverage is 0.38 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Eni SpA (FRA:ENI) Overvalued in 2026?
Based on GuruFocus' analysis, Eni SpA stock appears to be overvalued.
The current stock price of €20.15 is trading 38% above its estimated GF Value™ of €14.60.
GuruFocus considers Eni SpA to be Significantly Overvalued.
Key valuation signals for FRA:ENI:
Interest Coverage: 0.38 (59% below median its 10-year median of 0.93)
GF Value™: €14.60 vs. price of €20.15 (38% above fair value)
Industry Position: 93.5% below the Oil & Gas median (#704 of 731)
No single metric tells the full story. See the FRA:ENI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Eni is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2025, the company produced 0.8 million barrels of liquids and 4.6 billion cubic feet of natural gas per day. At year-end 2025, Eni held reserves of 6.9 billion barrels of oil equivalent, 44% of which are liquids. The Italian government owns a 33.1% stake in the company. Plentitude, Eni's renewable and low-carbon business, has 5.8 gigawatts of renewable power capacity, serves 10 million electricity customers, and operates 23,000 electric vehicle charging points.
57GF Score
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