Fincantieri S.p.A.

BIT:FCT Stock Report

Market Cap: €4.0b

Fincantieri Future Growth

Future criteria checks 4/6

Fincantieri is forecast to grow earnings and revenue by 26% and 6.8% per annum respectively. EPS is expected to grow by 25.2% per annum. Return on equity is forecast to be 15.5% in 3 years.

Key information

26.0%

Earnings growth rate

25.20%

EPS growth rate

Machinery earnings growth24.0%
Revenue growth rate6.8%
Future return on equity15.55%
Analyst coverage

Good

Last updated15 May 2026

Recent future growth updates

Analysis Article Mar 30

Fincantieri S.p.A. (BIT:FCT) Just Reported Earnings, And Analysts Cut Their Target Price

Last week saw the newest yearly earnings release from Fincantieri S.p.A. ( BIT:FCT ), an important milestone in the...

Recent updates

Narrative Update May 06

FCT: Large Cruise Ship Backlog And Recent Upgrades Will Support Future Earnings

Analysts have trimmed their Fincantieri price target to about €17.74 from roughly €18.47, citing updated views on fair value, discount rates and future P/E assumptions, while keeping revenue growth and margin expectations broadly in line. Analyst Commentary Bullish Takeaways Bullish analysts link their upgrades to a view that the current share price does not fully reflect their updated fair value work, even after trimming the target to €17.74.
Narrative Update Apr 21

FCT: Recent Research Upgrades And Order Pipeline Will Support Future Earnings

Analysts have nudged their price target for Fincantieri slightly higher to about €18.47 per share, reflecting updated assumptions for revenue growth, profit margins, and a lower assumed future P/E multiple following recent research upgrades. Analyst Commentary Recent research upgrades point to a more constructive stance on Fincantieri, with the updated price target of about €18.47 per share framed around revised assumptions for revenue growth, profit margins, and a lower future P/E multiple.
Analysis Article Apr 01

Fincantieri (BIT:FCT) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Despite posting some strong earnings, the market for Fincantieri S.p.A.'s ( BIT:FCT ) stock hasn't moved much. We did...
Analysis Article Mar 30

Fincantieri S.p.A. (BIT:FCT) Just Reported Earnings, And Analysts Cut Their Target Price

Last week saw the newest yearly earnings release from Fincantieri S.p.A. ( BIT:FCT ), an important milestone in the...
Narrative Update Mar 28

FCT: Recent Upgrade And Equity Raise Will Support Future Earnings

Analysts have adjusted their fair value estimate for Fincantieri from about €19.46 to around €18.37, reflecting updated assumptions on the discount rate, revenue growth, profit margin and future P/E following recent Street research, including a fresh upgrade from Kepler Cheuvreux. Analyst Commentary Bullish Takeaways Bullish analysts view the recent fair value adjustment from about €19.46 to around €18.37 as still supportive of upside potential versus current trading levels.
Narrative Update Mar 12

FCT: Cruise Ship Contracts And Equity Raise Will Support Long Term Earnings

Analysts have adjusted their price target for Fincantieri slightly lower from about €20.03 to €19.46. This reflects modest tweaks to their assumptions on discount rate, revenue growth, profit margin and future P/E multiples.
Narrative Update Feb 25

FCT: Recent Equity Raise And New Contracts Will Support Long Term Earnings

Analysts have trimmed their price target on Fincantieri by €0.48 to €20.03. This reflects slightly more cautious assumptions on fair value, revenue growth, profit margins and future P/E expectations.
Narrative Update Feb 09

FCT: Reshaped U.S. Naval Program Will Support Stronger Long Term Earnings

Analysts have trimmed their fair value estimate for Fincantieri from €21.44 to €20.50, citing slightly softer assumptions for revenue growth, profit margins, the discount rate and future P/E multiples in their updated models. What's in the News Fincantieri and the U.S. Navy reached an agreement to reshape the future of the Constellation class program at Fincantieri Marinette Marine in Wisconsin, with continuity for two frigates under construction and discontinuity for four other contracted frigates as the Navy adjusts its priorities in small surface combatants (Key Developments).
New Narrative Feb 03

Long-Dated Backlog And Naval Demand Will Support A Stronger Future Narrative

Catalysts About Fincantieri Fincantieri is a global shipbuilding group that designs and constructs cruise ships, naval vessels, underwater systems and offshore and specialized vessels, supported by equipment, systems and infrastructure activities. What are the underlying business or industry changes driving this perspective?
Narrative Update Jan 25

FCT: Reshaped U.S. Naval Program Will Support Stronger Long Term Earnings

Analysts have adjusted their price target for Fincantieri from €22.19 to €21.44. This change reflects updated views on the discount rate, revenue growth, profit margin and future P/E assumptions.
Analysis Article Jan 17

Why Investors Shouldn't Be Surprised By Fincantieri S.p.A.'s (BIT:FCT) 26% Share Price Surge

Fincantieri S.p.A. ( BIT:FCT ) shareholders are no doubt pleased to see that the share price has bounced 26% in the...
Narrative Update Jan 08

FCT: Reshaped U.S. Naval Program Will Support Stronger Long Term Earnings

Analysts have trimmed their price target on Fincantieri to €22.19 from €22.51, reflecting updated assumptions around slightly higher revenue growth, a lower discount rate, softer profit margin expectations and a higher future P/E multiple. What's in the News Fincantieri and the U.S. Navy agreed to reshape the future of the Constellation class program at Fincantieri Marinette Marine in Wisconsin, aligning with a broader fleet review focused on technological excellence, manned and unmanned vessels, and long term sustainability (Key Developments).
Analysis Article Dec 17

At €16.79, Is Fincantieri S.p.A. (BIT:FCT) Worth Looking At Closely?

Fincantieri S.p.A. ( BIT:FCT ), might not be a large cap stock, but it saw significant share price movement during...
Narrative Update Dec 15

FCT: Expanded U.S. Naval Programs Will Drive Stronger Long Term Earnings

Analysts have raised their price target for Fincantieri slightly to €22.51, citing modestly lower perceived risk and stable long term growth and margin assumptions that support a higher justified valuation multiple. What's in the News Fincantieri and the U.S. Navy reached a strategic agreement to reshape the Constellation class frigate program.
Narrative Update Dec 01

FCT: Renewed Defense Contracts Will Fuel Sustained Earnings Momentum Ahead

Analysts have raised their price target for Fincantieri from €22.16 to €22.51, citing incremental improvements in revenue growth expectations and fair value. However, slight increases in the discount rate and future P/E have tempered profit margin projections.
Narrative Update Nov 17

FCT: Successful Ship Delivery Will Drive Stronger Earnings Multiples Ahead

Analysts have raised their price target for Fincantieri from €17.10 to €22.16, citing updated valuation models and newly adjusted assumptions related to growth and risk. What's in the News Fincantieri officially delivered the Star Princess, the second Sphere-Class ship in the Princess Cruises fleet, during a handover ceremony at the Monfalcone shipyard (Key Developments).
Analysis Article Nov 13

Fincantieri S.p.A. (BIT:FCT) Stocks Pounded By 25% But Not Lagging Industry On Growth Or Pricing

The Fincantieri S.p.A. ( BIT:FCT ) share price has softened a substantial 25% over the previous 30 days, handing back...
Analysis Article Aug 31

Fincantieri S.p.A.'s (BIT:FCT) P/S Is Still On The Mark Following 27% Share Price Bounce

The Fincantieri S.p.A. ( BIT:FCT ) share price has done very well over the last month, posting an excellent gain of...
Analysis Article Aug 20

Is It Time To Consider Buying Fincantieri S.p.A. (BIT:FCT)?

BIT:FCT 1 Year Share Price vs Fair Value Explore Fincantieri's Fair Values from the Community and select yours...
Analysis Article Aug 02

Earnings Update: Fincantieri S.p.A. (BIT:FCT) Just Reported Its Interim Results And Analysts Are Updating Their Forecasts

Last week, you might have seen that Fincantieri S.p.A. ( BIT:FCT ) released its half-yearly result to the market. The...
Analysis Article May 04

The Market Lifts Fincantieri S.p.A. (BIT:FCT) Shares 25% But It Can Do More

Despite an already strong run, Fincantieri S.p.A. ( BIT:FCT ) shares have been powering on, with a gain of 25% in the...
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New Narrative Apr 26

Operational Efficiency And Underwater Expansion Will Create Future Value

Fincantieri's operational efficiency and strategic acquisitions bolster net margins, enhance earnings, and support long-term growth.
Analysis Article Apr 18

Fincantieri's (BIT:FCT) Earnings Are Weaker Than They Seem

Despite announcing strong earnings, Fincantieri S.p.A.'s ( BIT:FCT ) stock was sluggish. Our analysis uncovered some...
Analysis Article Apr 14

Does Fincantieri (BIT:FCT) Have A Healthy Balance Sheet?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Dec 06

Fincantieri S.p.A.'s (BIT:FCT) Shares Leap 28% Yet They're Still Not Telling The Full Story

Despite an already strong run, Fincantieri S.p.A. ( BIT:FCT ) shares have been powering on, with a gain of 28% in the...
Analysis Article Dec 01

Why Fincantieri S.p.A. (BIT:FCT) Could Be Worth Watching

While Fincantieri S.p.A. ( BIT:FCT ) might not have the largest market cap around , it received a lot of attention from...
Analysis Article Oct 10

Are Investors Undervaluing Fincantieri S.p.A. (BIT:FCT) By 33%?

Key Insights Using the 2 Stage Free Cash Flow to Equity, Fincantieri fair value estimate is €7.30 Current share price...
Analysis Article Aug 02

Fincantieri S.p.A. (BIT:FCT) Analysts Are Pretty Bullish On The Stock After Recent Results

Last week, you might have seen that Fincantieri S.p.A. ( BIT:FCT ) released its interim result to the market. The early...
Analysis Article Jul 26

Fincantieri S.p.A. (BIT:FCT) Stock Rockets 26% But Many Are Still Ignoring The Company

Those holding Fincantieri S.p.A. ( BIT:FCT ) shares would be relieved that the share price has rebounded 26% in the...
Analysis Article Jun 05

What Is Fincantieri S.p.A.'s (BIT:FCT) Share Price Doing?

Fincantieri S.p.A. ( BIT:FCT ), might not be a large cap stock, but it saw a significant share price rise of 23% in the...
Analysis Article Apr 30

Fincantieri (BIT:FCT) Is Reinvesting At Lower Rates Of Return

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Analysis Article Mar 16

The Market Lifts Fincantieri S.p.A. (BIT:FCT) Shares 28% But It Can Do More

Fincantieri S.p.A. ( BIT:FCT ) shares have had a really impressive month, gaining 28% after a shaky period beforehand...
Analysis Article Oct 31

Fincantieri (BIT:FCT) Will Want To Turn Around Its Return Trends

There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'd want to identify a...
Analysis Article May 28

Returns On Capital At Fincantieri (BIT:FCT) Paint A Concerning Picture

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article Apr 22

Fincantieri (BIT:FCT) Use Of Debt Could Be Considered Risky

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Mar 09

Should You Investigate Fincantieri S.p.A. (BIT:FCT) At €0.57?

Fincantieri S.p.A. ( BIT:FCT ), might not be a large cap stock, but it saw significant share price movement during...

Earnings and Revenue Growth Forecasts

BIT:FCT - Analysts future estimates and past financials data (EUR Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202810,9942682554707
12/31/202710,0682092194328
12/31/20269,317147-983407
12/31/20258,920123204597N/A
9/30/20259,103113N/AN/AN/A
6/30/20258,83996380714N/A
3/31/20258,46870261581N/A
12/31/20247,95133183445N/A
9/30/20247,648-53N/AN/AN/A
6/30/20247,458-57394666N/A
3/31/20247,453-64690941N/A
12/31/20237,448-53381637N/A
9/30/20237,303-39N/AN/AN/A
6/30/20237,493-99441725N/A
3/31/20237,348-201-23743N/A
12/31/20227,349-309-352-58N/A
9/30/20227,219-261-171129N/A
6/30/20227,088-21410315N/A
3/31/20226,957-96257589N/A
12/31/20216,82522505862N/A
9/30/20216,759-39-164188N/A
6/30/20216,693-100-834-487N/A
3/31/20216,253-170-843-515N/A
12/31/20205,812-240-852-543N/A
9/30/20205,585-260-826-522N/A
6/30/20205,358-280-799-500N/A
3/31/20205,577-199-519-230N/A
12/31/20195,796-117-24039N/A
9/30/20195,738-19N/A-17N/A
6/30/20195,68080N/A-74N/A
3/31/20195,53676N/A-8N/A
12/31/20185,39172N/A59N/A
9/30/20185,28069N/A541N/A
6/30/20185,16966N/A1,024N/A
3/31/20185,05161N/A786N/A
12/31/20174,93457N/A547N/A
9/30/20174,74044N/A770N/A
6/30/20174,38231N/A20N/A
3/31/20174,45532N/A371N/A
12/31/20164,36325N/A575N/A
9/30/20164,333-63N/A-182N/A
6/30/20164,180-180N/A-48N/A
3/31/20164,073-148N/A-517N/A
12/31/20154,135-175N/A-568N/A
9/30/20154,439-71N/A-591N/A
6/30/20154,57256N/A-492N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: FCT's forecast earnings growth (26% per year) is above the savings rate (3.3%).

Earnings vs Market: FCT's earnings (26% per year) are forecast to grow faster than the Italian market (10.8% per year).

High Growth Earnings: FCT's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: FCT's revenue (6.8% per year) is forecast to grow faster than the Italian market (5.7% per year).

High Growth Revenue: FCT's revenue (6.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: FCT's Return on Equity is forecast to be low in 3 years time (15.5%).


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/18 17:52
End of Day Share Price 2026/05/18 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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 Github.

Analyst Sources

Fincantieri S.p.A. is covered by 18 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Andrea BelloliBanca Akros S.p.A. (ESN)
Andrea BelloliBanca Akros S.p.A. (ESN)
Michele BaldelliBNP Paribas