SPE Stock Overview

Provides energy and infrastructure solutions worldwide. More details

SPE fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	4/6
Past Performance	3/6
Financial Health	4/6
Dividends	0/6

Rewards

Trading at 44.4% below our estimate of its fair value

Earnings are forecast to grow 25.15% per year

Became profitable this year

Risk Analysis

No risks detected for SPE from our risk checks.

My Notes

Capture your thoughts, links and company narrative

Saipem SpA Competitors

CropEnergies

XTRA:CE2

€1.0b

NOV

NYSE:NOV

US$5.8b

Weatherford International

NasdaqGS:WFRD

US$5.3b

Yantai Jereh Oilfield Services Group

SZSE:002353

CN¥36.5b

Price History & Performance

Summary of share price highs, lows and changes for Saipem
Historical stock prices
Current Share Price	€0.52
52 Week High	€0.52
52 Week Low	€0.18
Beta	1.81
1 Month Change	6.85%
3 Month Change	34.82%
1 Year Change	140.65%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	116.39%

Recent updates

Shareholder Returns

	SPE	DE Energy Services	DE Market
7D	9.6%	4.7%	1.4%
1Y	140.7%	19.7%	9.1%

Return vs Industry: SPE exceeded the German Energy Services industry which returned 17.2% over the past year.

Return vs Market: SPE exceeded the German Market which returned 7.4% over the past year.

Price Volatility

Is SPE's price volatile compared to industry and market?
SPE volatility
SPE Average Weekly Movement	6.2%
Energy Services Industry Average Movement	5.1%
Market Average Movement	4.9%
10% most volatile stocks in DE Market	11.5%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: SPE has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: SPE's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1957	30,000	Alessandro Puliti	www.saipem.com

Saipem SpA provides energy and infrastructure solutions worldwide. The company operates through Asset Based Services, Offshore Drilling, and Energy Carriers segments. It offers development of subsea fields and pipelaying; installation and lifting of offshore structures; and engineering, implementation, installation, maintenance, modification, and decommissioning activities.

Saipem SpA Fundamentals Summary

How do Saipem's earnings and revenue compare to its market cap?
SPE fundamental statistics
Market cap	€5.38b
Earnings (TTM)	€307.00m
Revenue (TTM)	€13.65b

17.5x

P/E Ratio

0.4x

P/S Ratio

Is SPE overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SPE income statement (TTM)
Revenue	€13.65b
Cost of Revenue	€10.51b
Gross Profit	€3.14b
Other Expenses	€2.83b
Earnings	€307.00m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.16
Gross Margin	22.99%
Net Profit Margin	2.25%
Debt/Equity Ratio	0%

How did SPE perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/06 07:21
End of Day Share Price	2025/01/06 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Saipem SpA is covered by 53 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Thijs Berkelder	ABN AMRO Bank N.V.
Pierre-Yves Gauthier	AlphaValue
Fabrizio Spagna	Axia Financial Research

Saipem DB:SPE Stock Report