Saipem SpA Logo

Saipem SpA

SPM.MI

(1.2)
Stock Price

2,32 EUR

2.02% ROA

11.14% ROE

15.05x PER

Market Cap.

3.957.183.113,00 EUR

109.51% DER

0% Yield

2.03% NPM

Saipem SpA Stock Analysis

Saipem SpA Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Saipem SpA Fundamental Stock Analysis
# Analysis Rating
1 PBV

The stock's low PBV ratio (0.66x) suggests it's undervalued, making it an attractive opportunity for investors.

2 Assets Growth

With a track record of continuous revenue growth in the last three years, this company offers a promising investment opportunity

3 Graham Number

The Graham number calculation reveals that this company's stock price is potentially underestimated, implying that it may be a promising investment option.

4 Buffet Intrinsic Value

The company's stock seems undervalued (104) by Warren Buffett's formula, indicating a promising investment opportunity as its intrinsic value exceeds the market price.

5 ROE

Negative ROE (-26.32%) indicates poor financial performance, raising concerns about profitability and efficiency in utilizing shareholders' equity.

6 ROA

The stock's ROA (-2.69%) suggests that it's struggling to generate profits from its assets, making it a risky choice for investment.

7 DER

The stock is burdened with a heavy load of debt (147%), making it financially unstable and potentially risky for investors.

8 Revenue Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

9 Net Profit Growth

Despite the passage of five years, this company's net profit has not shown any improvement, highlighting a lack of growth and making it a less appealing investment prospect.

10 Dividend Growth

The company's dividend growth has been flat for the past three years, raising concerns for potential investors seeking reliable returns.

11 Dividend

The company's decision to withhold dividends for three years raises questions about its ability to generate consistent returns.

Saipem SpA Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Saipem SpA Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Saipem SpA Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Saipem SpA Revenue
Year Revenue Growth
2002 3.167.000.000
2003 4.105.000.000 22.85%
2004 4.240.000.000 3.18%
2005 4.539.000.000 6.59%
2006 7.517.000.000 39.62%
2007 9.530.000.000 21.12%
2008 10.094.000.000 5.59%
2009 10.292.000.000 1.92%
2010 11.160.000.000 7.78%
2011 12.593.000.000 11.38%
2012 13.369.000.000 5.8%
2013 12.256.000.000 -9.08%
2014 12.748.000.000 3.86%
2015 11.698.000.000 -8.98%
2016 9.892.000.000 -18.26%
2017 9.161.000.000 -7.98%
2018 8.526.000.000 -7.45%
2019 9.099.000.000 6.3%
2020 7.342.000.000 -23.93%
2021 6.875.000.000 -6.79%
2022 8.980.000.000 23.44%
2022 9.980.000.000 10.02%
2023 11.874.000.000 15.95%
2024 13.484.000.000 11.94%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Saipem SpA Research and Development Expenses
Year Research and Development Expenses Growth
2002 0
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 15.000.000 100%
2013 14.000.000 -7.14%
2014 11.000.000 -27.27%
2015 14.000.000 21.43%
2016 19.000.000 26.32%
2017 31.000.000 38.71%
2018 32.000.000 3.13%
2019 38.000.000 15.79%
2020 35.000.000 -8.57%
2021 35.000.000 0%
2022 0 0%
2022 31.000.000 100%
2023 32.000.000 3.13%
2024 32.000.000 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Saipem SpA General and Administrative Expenses
Year General and Administrative Expenses Growth
2002 0
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2022 0 0%
2023 0 0%
2024 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Saipem SpA EBITDA
Year EBITDA Growth
2002 722.000.000
2003 701.000.000 -3%
2004 597.000.000 -17.42%
2005 784.000.000 23.85%
2006 1.483.000.000 47.13%
2007 2.343.000.000 36.71%
2008 3.138.000.000 25.33%
2009 2.619.000.000 -19.82%
2010 2.751.000.000 4.8%
2011 2.607.000.000 -5.52%
2012 2.135.000.000 -22.11%
2013 745.000.000 -186.58%
2014 1.410.000.000 47.16%
2015 588.000.000 -139.8%
2016 1.024.000.000 42.58%
2017 624.000.000 -64.1%
2018 852.000.000 26.76%
2019 1.176.000.000 27.55%
2020 374.000.000 -214.44%
2021 -1.513.000.000 124.72%
2022 848.000.000 278.42%
2022 514.000.000 -64.98%
2023 916.000.000 43.89%
2024 728.000.000 -25.82%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Saipem SpA Gross Profit
Year Gross Profit Growth
2002 1.207.000.000
2003 1.335.000.000 9.59%
2004 1.286.000.000 -3.81%
2005 1.383.000.000 7.01%
2006 1.943.000.000 28.82%
2007 2.452.000.000 20.76%
2008 2.803.000.000 12.52%
2009 3.059.000.000 8.37%
2010 3.446.000.000 11.23%
2011 3.844.000.000 10.35%
2012 3.530.000.000 -8.9%
2013 2.289.000.000 -54.22%
2014 2.874.000.000 20.35%
2015 1.977.000.000 -45.37%
2016 1.973.000.000 -0.2%
2017 1.936.000.000 -1.91%
2018 1.952.000.000 0.82%
2019 2.244.000.000 13.01%
2020 1.404.000.000 -59.83%
2021 -485.000.000 389.48%
2022 1.688.000.000 128.73%
2022 1.705.000.000 1%
2023 1.350.000.000 -26.3%
2024 3.144.000.000 57.06%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Saipem SpA Net Profit
Year Net Profit Growth
2002 191.000.000
2003 196.000.000 2.55%
2004 197.000.000 0.51%
2005 259.000.000 23.94%
2006 387.000.000 33.07%
2007 878.000.000 55.92%
2008 932.000.000 5.79%
2009 775.000.000 -20.26%
2010 894.000.000 13.31%
2011 987.000.000 9.42%
2012 902.000.000 -9.42%
2013 -159.000.000 667.3%
2014 -230.000.000 30.87%
2015 -806.000.000 71.46%
2016 -2.087.000.000 61.38%
2017 -328.000.000 -536.28%
2018 -472.000.000 30.51%
2019 98.000.000 581.63%
2020 -1.117.000.000 108.77%
2021 -2.467.000.000 54.72%
2022 -100.000.000 -2367%
2022 -315.000.000 68.25%
2023 179.000.000 275.98%
2024 244.000.000 26.64%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Saipem SpA Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2002 1
2003 1 0%
2004 1 0%
2005 2 0%
2006 3 50%
2007 6 66.67%
2008 7 0%
2009 5 -20%
2010 6 16.67%
2011 7 0%
2012 5 -50%
2013 -1 500%
2014 -2 0%
2015 -6 80%
2016 -12 54.55%
2017 -2 -1000%
2018 -2 50%
2019 0 0%
2020 -5 100%
2021 -12 58.33%
2022 0 0%
2022 0 0%
2023 0 0%
2024 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Saipem SpA Free Cashflow
Year Free Cashflow Growth
2002 463.000.000
2003 342.000.000 -35.38%
2004 173.000.000 -97.69%
2005 -29.000.000 696.55%
2006 -39.000.000 25.64%
2007 -351.000.000 88.89%
2008 -482.000.000 27.18%
2009 -648.000.000 25.62%
2010 -221.000.000 -193.21%
2011 443.000.000 149.89%
2012 -791.000.000 156.01%
2013 -482.000.000 -64.11%
2014 504.000.000 195.63%
2015 -1.068.000.000 147.19%
2016 682.000.000 256.6%
2017 197.000.000 -246.19%
2018 226.000.000 12.83%
2019 921.000.000 75.46%
2020 -199.000.000 562.81%
2021 -208.000.000 4.33%
2022 -1.000.000.000 79.2%
2022 -422.000.000 -136.97%
2023 104.000.000 505.77%
2024 129.000.000 19.38%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Saipem SpA Operating Cashflow
Year Operating Cashflow Growth
2002 673.000.000
2003 604.000.000 -11.42%
2004 360.000.000 -67.78%
2005 326.000.000 -10.43%
2006 603.000.000 45.94%
2007 1.065.000.000 43.38%
2008 1.562.000.000 31.82%
2009 967.000.000 -61.53%
2010 1.324.000.000 26.96%
2011 1.549.000.000 14.53%
2012 224.000.000 -591.52%
2013 426.000.000 47.42%
2014 1.198.000.000 64.44%
2015 -507.000.000 336.29%
2016 978.000.000 151.84%
2017 459.000.000 -113.07%
2018 711.000.000 35.44%
2019 1.257.000.000 43.44%
2020 123.000.000 -921.95%
2021 90.000.000 -36.67%
2022 -477.000.000 118.87%
2022 -381.000.000 -25.2%
2023 586.000.000 165.02%
2024 221.000.000 -165.16%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Saipem SpA Capital Expenditure
Year Capital Expenditure Growth
2002 210.000.000
2003 262.000.000 19.85%
2004 187.000.000 -40.11%
2005 355.000.000 47.32%
2006 642.000.000 44.7%
2007 1.416.000.000 54.66%
2008 2.044.000.000 30.72%
2009 1.615.000.000 -26.56%
2010 1.545.000.000 -4.53%
2011 1.106.000.000 -39.69%
2012 1.015.000.000 -8.97%
2013 908.000.000 -11.78%
2014 694.000.000 -30.84%
2015 561.000.000 -23.71%
2016 296.000.000 -89.53%
2017 262.000.000 -12.98%
2018 485.000.000 45.98%
2019 336.000.000 -44.35%
2020 322.000.000 -4.35%
2021 298.000.000 -8.05%
2022 523.000.000 43.02%
2022 41.000.000 -1175.61%
2023 482.000.000 91.49%
2024 92.000.000 -423.91%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Saipem SpA Equity
Year Equity Growth
2002 1.299.000.000
2003 1.368.000.000 5.04%
2004 1.488.000.000 8.06%
2005 1.630.000.000 8.71%
2006 1.585.000.000 -2.84%
2007 2.299.000.000 31.06%
2008 2.778.000.000 17.24%
2009 3.495.000.000 20.52%
2010 4.154.000.000 15.86%
2011 4.823.000.000 13.87%
2012 5.553.000.000 13.15%
2013 4.744.000.000 -17.05%
2014 4.178.000.000 -13.55%
2015 3.519.000.000 -18.73%
2016 4.885.000.000 27.96%
2017 4.599.000.000 -6.22%
2018 4.036.000.000 -13.95%
2019 4.125.000.000 2.16%
2020 2.948.000.000 -39.93%
2021 351.000.000 -739.89%
2022 2.086.000.000 83.17%
2023 2.398.000.000 13.01%
2023 2.150.000.000 -11.53%
2024 2.419.000.000 11.12%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Saipem SpA Assets
Year Assets Growth
2002 4.515.000.000
2003 4.965.000.000 9.06%
2004 5.086.000.000 2.38%
2005 5.968.000.000 14.78%
2006 9.531.000.000 37.38%
2007 11.686.000.000 18.44%
2008 13.993.000.000 16.49%
2009 14.113.000.000 0.85%
2010 15.028.000.000 6.09%
2011 15.852.000.000 5.2%
2012 17.195.000.000 7.81%
2013 17.043.000.000 -0.89%
2014 17.594.000.000 3.13%
2015 16.319.000.000 -7.81%
2016 14.286.000.000 -14.23%
2017 12.590.000.000 -13.47%
2018 11.677.000.000 -7.82%
2019 13.009.000.000 10.24%
2020 11.262.000.000 -15.51%
2021 11.542.000.000 2.43%
2022 12.397.000.000 6.9%
2023 13.000.000.000 4.64%
2023 12.896.000.000 -0.81%
2024 13.659.000.000 5.59%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Saipem SpA Liabilities
Year Liabilities Growth
2002 3.216.000.000
2003 3.574.000.000 10.02%
2004 3.589.000.000 0.42%
2005 4.325.000.000 17.02%
2006 7.946.000.000 45.57%
2007 9.387.000.000 15.35%
2008 11.215.000.000 16.3%
2009 10.618.000.000 -5.62%
2010 10.874.000.000 2.35%
2011 11.029.000.000 1.41%
2012 11.642.000.000 5.27%
2013 12.299.000.000 5.34%
2014 13.416.000.000 8.33%
2015 12.800.000.000 -4.81%
2016 9.401.000.000 -36.16%
2017 7.991.000.000 -17.64%
2018 7.641.000.000 -4.58%
2019 8.884.000.000 13.99%
2020 8.314.000.000 -6.86%
2021 11.191.000.000 25.71%
2022 10.311.000.000 -8.53%
2023 10.602.000.000 2.74%
2023 10.746.000.000 1.34%
2024 11.240.000.000 4.4%

Saipem SpA Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
6.57
Net Income per Share
0.13
Price to Earning Ratio
15.05x
Price To Sales Ratio
0.31x
POCF Ratio
5.62
PFCF Ratio
18.07
Price to Book Ratio
1.64
EV to Sales
0.34
EV Over EBITDA
5.35
EV to Operating CashFlow
6.33
EV to FreeCashFlow
20.36
Earnings Yield
0.07
FreeCashFlow Yield
0.06
Market Cap
3,96 Bil.
Enterprise Value
4,46 Bil.
Graham Number
1.92
Graham NetNet
-2.71

Income Statement Metrics

Net Income per Share
0.13
Income Quality
2.98
ROE
0.11
Return On Assets
0.02
Return On Capital Employed
0.1
Net Income per EBT
0.65
EBT Per Ebit
0.75
Ebit per Revenue
0.04
Effective Tax Rate
0.35

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.23
Operating Profit Margin
0.04
Pretax Profit Margin
0.03
Net Profit Margin
0.02

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
0.36
Free CashFlow per Share
0.11
Capex to Operating CashFlow
0.69
Capex to Revenue
0.04
Capex to Depreciation
0.98
Return on Invested Capital
0.07
Return on Tangible Assets
0.02
Days Sales Outstanding
132.17
Days Payables Outstanding
115.45
Days of Inventory on Hand
10.17
Receivables Turnover
2.76
Payables Turnover
3.16
Inventory Turnover
35.9
Capex per Share
0.25

Balance Sheet

Cash per Share
1,13
Book Value per Share
1,23
Tangible Book Value per Share
0.89
Shareholders Equity per Share
1.23
Interest Debt per Share
1.34
Debt to Equity
1.1
Debt to Assets
0.19
Net Debt to EBITDA
0.6
Current Ratio
1.1
Tangible Asset Value
1,76 Bil.
Net Current Asset Value
-2,35 Bil.
Invested Capital
4906000000
Working Capital
0,80 Bil.
Intangibles to Total Assets
0.05
Average Receivables
2,35 Bil.
Average Payables
1,58 Bil.
Average Inventory
139500000
Debt to Market Cap
0.67

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Saipem SpA Dividends
Year Dividends Growth
1987 6
1988 2 -500%
1995 3 50%
1996 4 33.33%
1997 4 25%
1998 5 0%
1999 5 20%
2000 0 0%
2001 4 100%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2020 0 0%

Saipem SpA Profile

About Saipem SpA

Saipem SpA provides energy and infrastructure solutions worldwide. The company operates through five divisions: Offshore Engineering & Construction (E&C), Onshore Engineering & Construction, Offshore Drilling, Onshore Drilling, and XSIGHT. It offers engineering, construction, installation of platforms, pipelines, subsea fields, maintenance, modification, operation, and decommissioning activities, as well as develops marine wind farms and energy integration projects. The company also designs onshore project in the LNG and regasification, refining, petrochemical, fertilizers, pipelines, gas, oil processing stations, floaters, renewables, biotechnologies, CO2 capture, transportation, storage, and hydrogen production and transportation. In addition, the company provides procurement, project management, construction, and engineering integrated services for the energy industry markets and public infrastructures, as well as offshore and onshore drilling services on all types of rigs and in all geographical areas. As of December 31, 2021, its offshore drilling fleet consisted of twelve vessels, including six ultra-deep-water units, five high specification jack-ups, and one standard jack-ups. The company also operates 9 fabrication yards and a sea fleet of 41 vessels; and onshore drilling fleet comprised 84 units. Saipem S.p.A. is headquartered in Milan, Italy.

CEO
Mr. Alessandro Puliti
Employee
29.247
Address
Via Martiri di Cefalonia 67
Milan, 20097

Saipem SpA Executives & BODs

Saipem SpA Executives & BODs
# Name Age
1 Mr. Alessandro Puliti
Chief Executive Officer, GM, Chief Operating Officer & Director
70
2 Mr. Massimiliano Cominelli
Head of Investor Relations
70
3 Mr. Marco Toninelli
Chief Operating Officer of Drilling
70
4 Mr. Filippo Abba
Chief Technology & Innovation Officer and Chief Operating Officer Sustainable Infrastructures
70
5 Ms. Ottavia Stella
Chief Integrated Risk Management & Compliance Officer
70
6 Mr. Davide Ivanoe Ruvolo
Corporate Head of M&A and Strategy
70
7 Mr. Simone Chini
Director of General Counsel, Contract Management, Company Affairs and Governance
70
8 Ms. Rossella Carrara
Director of External Communication & Public Affairs
70
9 Mr. Paolo Calcagnini
Chief Financial Officer, Chief Project Control & Financial Advisory Officer
70
10 Mr. Mauro Piasere
Chief Operating Officer of Robotics & Industrialized Solutions
70

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