Company Valuation: Saipem SpA

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,826 2,250 2,933 4,911 4,746 8,126 - -
Change - 23.22% 30.38% 67.43% -3.35% 71.2% - -
Enterprise Value (EV) 1 3,367 2,514 3,194 4,888 5,244 7,673 7,324 6,635
Change - -25.34% 27.07% 53.03% 7.3% 46.31% -4.55% -9.41%
P/E -0.76x -10.8x 16.4x 16.4x 15.6x 25.3x 13.6x 12.3x
PBR 5.72x 1.09x 1.23x 1.98x 1.84x 3.23x 2.93x 2.67x
PEG - 0.1x -0x 0.2x 11.96x 3.79x 0.2x 1.2x
Capitalization / Revenue 0.27x 0.23x 0.25x 0.34x 0.31x 0.52x 0.51x 0.52x
EV / Revenue 0.49x 0.25x 0.27x 0.34x 0.34x 0.49x 0.46x 0.42x
EV / EBITDA -2.82x 4.22x 3.45x 3.68x 3.06x 4.27x 3.5x 3.11x
EV / EBIT -1.97x 16.8x 7.31x 8.07x 7.72x 10.9x 6.95x 5.8x
EV / FCF -17.4x -4.8x 12.9x 6.46x 4.23x 6.02x 5.72x 5.04x
FCF Yield -5.73% -20.8% 7.76% 15.5% 23.7% 16.6% 17.5% 19.8%
Dividend per Share 2 - - - - 0.17 0.1654 0.1718 0.186
Rate of return - - - - 7.01% 3.95% 4.1% 4.44%
EPS 2 -116.2 -0.1047 0.0897 0.1533 0.1553 0.1657 0.309 0.3418
Distribution rate - - - - 109% 99.8% 55.6% 54.4%
Net sales 1 6,875 9,980 11,874 14,549 15,497 15,622 15,875 15,692
EBITDA 1 -1,192 595 926 1,329 1,716 1,799 2,090 2,135
EBIT 1 -1,713 150 437 606 679 701.3 1,054 1,143
Net income 1 -2,467 -209 179 306 310 332.2 622.4 694.6
Net Debt 1 1,541 264 261 -23 498 -452.7 -801.8 -1,491
Reference price 2 87.857 1.128 1.470 2.509 2.425 4.188 4.188 4.188
Nbr of stocks (in thousands) 20,779 1,995,110 1,995,144 1,957,188 1,957,283 1,940,283 - -
Announcement Date 2/24/22 2/28/23 2/28/24 2/25/25 2/25/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
25.28x0.49x4.27x3.95% 9.35B
20.07x2.19x10.01x2.37% 73.6B
19.79x2.5x13.88x1.53% 60.05B
23.52x2.59x12.81x0.28% 28.57B
13.4x1.42x7.74x2.12% 26.87B
22.6x0.81x7.36x1.99% 6.93B
15.82x1.4x6.58x1.25% 6.29B
7.62x1.45x5.73x3.44% 6.29B
19.28x5.51x9.56x2.57% 6.27B
9x - - 4.23% 5.87B
Average 17.64x 2.04x 8.66x 2.37% 23.01B
Weighted average by Cap. 19.17x 2.17x 10.58x 1.97%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. SPM Stock
  4. Valuation Saipem SpA