Fincantieri SpA
MIL:FCT

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Fincantieri SpA
MIL:FCT
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Price: 12.75 EUR -0.74% Market Closed
Market Cap: €4.6B

EV/OCF

10.5
Current
77%
More Expensive
vs 3-y average of 5.9

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
10.5
=
Enterprise Value
€6.2B
/
Operating Cash Flow
€596m

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
10.5
=
Enterprise Value
€6.2B
/
Operating Cash Flow
€596m

Valuation Scenarios

Fincantieri SpA is trading above its 3-year average

If EV/OCF returns to its 3-Year Average (5.9), the stock would be worth €7.19 (44% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-50%
Maximum Upside
+10%
Average Downside
20%
Scenario EV/OCF Value Implied Price Upside/Downside
Current Multiple 10.5 €12.75
0%
3-Year Average 5.9 €7.19
-44%
5-Year Average 5.2 €6.31
-50%
Industry Average 11.5 €13.98
+10%
Country Average 11.1 €13.46
+6%

Forward EV/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward EV/OCF

Peer Comparison

All Multiples
EV/OCF
P/E
All Countries
Close
Market Cap EV/OCF P/E
IT
Fincantieri SpA
MIL:FCT
4.6B EUR 10.5 38
US
Caterpillar Inc
NYSE:CAT
390.9B USD 35.3 44
US
Cummins Inc
NYSE:CMI
90.7B USD 26.1 31.9
SE
Volvo AB
STO:VOLV B
645B SEK 15.5 18.7
US
Paccar Inc
NASDAQ:PCAR
66.7B USD 16.6 28.1
KR
Hyundai Heavy Industries Co Ltd
KRX:329180
67.3T KRW 18.3 45.8
US
Westinghouse Air Brake Technologies Corp
NYSE:WAB
46B USD 28 39.3
CN
China CSSC Holdings Ltd
SSE:600150
274.5B CNY 27.8 38.2
DE
Daimler Truck Holding AG
XETRA:DTG
33.6B EUR 9.5 17
JP
Komatsu Ltd
TSE:6301
6.3T JPY 15.5 15.7
JP
Toyota Industries Corp
TSE:6201
6.2T JPY 20.2 30.6

Market Distribution

In line with most companies in Italy
Percentile
48th
Based on 752 companies
48th percentile
10.5
Low
0.7 — 7
Typical Range
7 — 14.7
High
14.7 —
Distribution Statistics
Italy
Min 0.7
30th Percentile 7
Median 11.1
70th Percentile 14.7
Max 4 040.2

Fincantieri SpA
Glance View

Market Cap
4.6B EUR
Industry
Machinery

Fincantieri SpA, a name that resonates deeply within the shipbuilding industry, stands as a testament to Italy's rich maritime legacy. Established in 1959 and drawing from centuries of Italian naval craftsmanship, Fincantieri has evolved into one of the world's largest shipbuilding groups. The company's operations span the globe, encompassing the design and construction of everything from luxurious cruise ships to complex naval vessels, showcasing their expertise in blending tradition with cutting-edge technology. With shipyards strategically positioned across Europe, the Americas, and Asia, Fincantieri not only leverages Italy's historical prowess but also adapts to the demands of a modern-day global market, crafting vessels that are emblematic of both safety and innovation. The lifeblood of Fincantieri's business model is its ability to cater to diverse maritime sectors. The company has mastered the art of integrating advanced engineering with sustainable practices, ensuring each project meets the highest standards of efficiency and environmental responsibility. Their primary revenue streams are driven by the construction of cruise ships, a lucrative segment reflecting the burgeoning global appetite for luxury travel experiences at sea, and the development of military vessels, underscoring strategic defense partnerships. Additionally, Fincantieri diversifies its income through maintenance services and cutting-edge solutions for offshore and mega-yacht markets, reinforcing its position as a versatile leader in shipbuilding and marine solutions. Through continuous investment in research and development, Fincantieri ensures it remains at the forefront of technological advancements, ready to navigate the challenges of an increasingly complex maritime landscape.

FCT Intrinsic Value
17.78 EUR
Undervaluation 28%
Intrinsic Value
Price €12.75
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