Saipem SpA
MIL:SPM

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Saipem SpA
MIL:SPM
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Price: 2.308 EUR 0.48% Market Closed
Market Cap: 4.6B 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 4.729 EUR. Compared to the current market price of 2.308 EUR, Saipem SpA is Undervalued by 51%.

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
4.729 EUR
Undervaluation 51%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

0.2
P/S
P/S
Price to Sales
0.2
vs History
52
vs Industry
77
Median 3Y
0.2
Median 5Y
0.3
Industry
2.1
Forward
0.3
More Details
11.8
P/E
P/E
Price to Earnings
11.8
vs History
23
vs Industry
20
Median 3Y
-0.4
Median 5Y
-1.4
Industry
16.2
Forward
10.2
More Details
4.2
P/OCF
P/OCF
Price to OCF
4.2
vs History
68
vs Industry
24
Median 3Y
4.4
Median 5Y
5.2
Industry
9.9
More Details
33.6
P/FCFE
P/FCFE
Price to FCFE
33.6
vs History
4
vs Industry
Median 3Y
-3
Median 5Y
-3
Industry
13
More Details
1.8
P/B
P/B
Price to Book Value
1.8
vs History
34
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
0.7
EV/GP
EV/GP
Enterprise Value to Gross Profit
0.7
vs History
90
vs Industry
69
Median 3Y
1
Median 5Y
1.2
Industry
6.4
More Details
2.7
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
2.7
vs History
60
vs Industry
28
Median 3Y
3.3
Median 5Y
3.3
Industry
10.5
Forward
2.4
More Details
5.1
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
5.1
vs History
55
vs Industry
23
Median 3Y
7
Median 5Y
6.9
Industry
12.5
Forward
4.8
More Details
3.7
EV/OCF
EV/OCF
Enterprise Value to OCF
3.7
vs History
68
vs Industry
24
Median 3Y
3.8
Median 5Y
6.8
Industry
10.8
More Details
5.4
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
5.4
vs History
44
vs Industry
15
Median 3Y
-1.9
Median 5Y
4.9
Industry
11.8
More Details
0.5
EV/IC
EV/IC
Enterprise Value to IC
0.5
vs History
42
vs Industry
56
Median 3Y
0.4
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
4.5B EUR 0.2 11.8 2.7 5.1
US
Schlumberger NV
NYSE:SLB
45.2B USD 1.3 10.7 5.8 8.2
US
Baker Hughes Co
NASDAQ:BKR
36.8B USD 1.3 12.6 9.1 12.4
LU
Tenaris SA
MIL:TEN
16.2B EUR 1.5 10.3 5.7 7.3
US
Halliburton Co
NYSE:HAL
17.2B USD 0.8 8.2 4.7 6
UK
TechnipFMC PLC
NYSE:FTI
13.4B USD 1.4 16.1 8.6 11.8
FR
Technip Energies NV
PAR:TE
6B EUR 0.6 10.3 5.3 5.3
CN
CNOOC Energy Technology & Services Ltd
SSE:600968
41.4B CNY 0.8 11 6.8 6.8
UK
Subsea 7 SA
OSE:SUBC
52.9B NOK 0.8 27.2 5 11.8
CN
Yantai Jereh Oilfield Services Group Co Ltd
SZSE:002353
36.4B CNY 2.6 13.4 12.8 12.8
US
ChampionX Corp
NASDAQ:CHX
4.7B USD 1.3 15.9 6.2 9.2

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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