Saipem SpA
MIL:SPM

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Saipem SpA
MIL:SPM
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Price: 2.431 EUR 1.55% Market Closed
Market Cap: 4.9B EUR
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one SPM stock under the Base Case scenario is 4.797 EUR. Compared to the current market price of 2.431 EUR, Saipem SpA is Undervalued by 49%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

SPM Relative Value
Base Case
4.797 EUR
Undervaluation 49%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

0.3
P/S
P/S
Price to Sales
0.3
vs History
52
vs Industry
77
Median 3Y
0.3
Median 5Y
0.3
Industry
2
Forward
0.3
More Details
12.4
P/E
P/E
Price to Earnings
12.4
vs History
23
vs Industry
20
Median 3Y
-0.4
Median 5Y
-1.3
Industry
16.6
Forward
10.8
More Details
4.5
P/OCF
P/OCF
Price to OCF
4.5
vs History
61
vs Industry
24
Median 3Y
4.4
Median 5Y
5.2
Industry
10.1
More Details
35.4
P/FCFE
P/FCFE
Price to FCFE
35.4
vs History
1
vs Industry
Median 3Y
-2.9
Median 5Y
-3
Industry
13.6
More Details
1.9
P/B
P/B
Price to Book Value
1.9
vs History
26
vs Industry
28
Median 3Y
1.6
Median 5Y
1.6
Industry
1.6
More Details
0.2
EV/S
EV/S
Enterprise Value to Sales
0.2
vs History
73
vs Industry
77
Median 3Y
0.3
Median 5Y
0.3
Industry
3.1
Forward
0.3
More Details
0.8
EV/GP
EV/GP
Enterprise Value to Gross Profit
0.8
vs History
90
vs Industry
69
Median 3Y
1
Median 5Y
1.1
Industry
6.5
More Details
2.9
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
2.9
vs History
57
vs Industry
28
Median 3Y
3.3
Median 5Y
3.2
Industry
10.8
Forward
2.6
More Details
5.5
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
5.5
vs History
55
vs Industry
23
Median 3Y
7
Median 5Y
6.7
Industry
12.8
Forward
5.1
More Details
3.9
EV/OCF
EV/OCF
Enterprise Value to OCF
3.9
vs History
66
vs Industry
24
Median 3Y
3.9
Median 5Y
6.8
Industry
11.3
More Details
5.8
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
5.8
vs History
42
vs Industry
15
Median 3Y
-1.8
Median 5Y
4.9
Industry
12
More Details
0.5
EV/IC
EV/IC
Enterprise Value to IC
0.5
vs History
38
vs Industry
56
Median 3Y
0.5
Median 5Y
0.5
Industry
1.5
More Details

Multiples Across Competitors

SPM Competitors Multiples
Saipem SpA Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
IT
Saipem SpA
MIL:SPM
4.8B EUR 0.3 12.4 2.9 5.5
US
Schlumberger NV
NYSE:SLB
49B USD 1.4 11.7 6.3 8.8
US
Baker Hughes Co
NASDAQ:BKR
38.9B USD 1.4 13.2 9.6 13.1
LU
Tenaris SA
MIL:TEN
17B EUR 1.6 10.8 6 7.7
US
Halliburton Co
NYSE:HAL
19.4B USD 0.9 9.1 5.1 6.6
UK
TechnipFMC PLC
NYSE:FTI
14.9B USD 1.6 17.9 9.6 13.2
FR
Technip Energies NV
PAR:TE
6B EUR 0.6 10.3 5.3 5.3
CN
CNOOC Energy Technology & Services Ltd
SSE:600968
43B CNY 0.8 11.5 7.2 7.2
UK
Subsea 7 SA
OSE:SUBC
56.1B NOK 0.8 29.2 5.3 12.6
US
Nov Inc
NYSE:NOV
5.2B USD 0.6 8.9 4.9 6.8
CN
Yantai Jereh Oilfield Services Group Co Ltd
SZSE:002353
37.1B CNY 2.7 13.6 13.1 13.1

See Also

Summary
SPM intrinsic value, competitors valuation, and company profile.
DCF Valuation
SPM stock valuation using Discount Cash Flow valuation method.
Relative Valuation
SPM stock valuation using valuation multiples.
Wall Street Estimates
SPM price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
SPM stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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