Saipem SpA

BIT:SPM Stock Report

Market Cap: €4.5b

Saipem Future Growth

Future criteria checks 3/6

Saipem is forecast to grow earnings and revenue by 22.5% and 0.4% per annum respectively. EPS is expected to grow by 21.5% per annum. Return on equity is forecast to be 19.3% in 3 years.

Key information

22.5%

Earnings growth rate

21.49%

EPS growth rate

Energy Services earnings growth27.4%
Revenue growth rate0.4%
Future return on equity19.26%
Analyst coverage

Good

Last updated30 Oct 2025

Recent future growth updates

Saipem SpA Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Jul 28
Saipem SpA Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Saipem SpA (BIT:SPM) Full-Year Results: Here's What Analysts Are Forecasting For This Year

Apr 10
Saipem SpA (BIT:SPM) Full-Year Results: Here's What Analysts Are Forecasting For This Year

Recent updates

Here's Why Saipem (BIT:SPM) Can Manage Its Debt Responsibly

Sep 08
Here's Why Saipem (BIT:SPM) Can Manage Its Debt Responsibly

Saipem SpA (BIT:SPM) Doing What It Can To Lift Shares

Aug 18
Saipem SpA (BIT:SPM) Doing What It Can To Lift Shares

Saipem SpA Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Jul 28
Saipem SpA Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Market Might Still Lack Some Conviction On Saipem SpA (BIT:SPM) Even After 34% Share Price Boost

May 10
Market Might Still Lack Some Conviction On Saipem SpA (BIT:SPM) Even After 34% Share Price Boost

Saipem's (BIT:SPM) Earnings May Just Be The Starting Point

May 02
Saipem's (BIT:SPM) Earnings May Just Be The Starting Point

Saipem SpA (BIT:SPM) Full-Year Results: Here's What Analysts Are Forecasting For This Year

Apr 10
Saipem SpA (BIT:SPM) Full-Year Results: Here's What Analysts Are Forecasting For This Year

Market Participants Recognise Saipem SpA's (BIT:SPM) Revenues

Jan 24
Market Participants Recognise Saipem SpA's (BIT:SPM) Revenues
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Natural Gas Projects And Fleet Utilization Will Boost Revenue Growth And Enhance Margins

High order intake and backlog in offshore E&C ensure future revenue growth, supporting upgraded guidance and consistent revenue streams.

Earnings and Revenue Growth Forecasts

BIT:SPM - Analysts future estimates and past financials data (EUR Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202715,4975849671,37016
12/31/202615,6955099041,36317
12/31/202515,1703518721,39617
9/30/202515,4013211,0361,383N/A
6/30/202515,3463281,1181,448N/A
3/31/202515,0203268851,235N/A
12/31/202414,5493067241,061N/A
9/30/202413,6483075791,101N/A
6/30/202412,952263362899N/A
3/31/202412,346242207704N/A
12/31/202311,881185104586N/A
9/30/202311,307-74-238307N/A
6/30/202311,142-152-407169N/A
3/31/202310,745-222-834-271N/A
12/31/20229,987-315-1,000-477N/A
9/30/20229,098-1,555-601-291N/A
6/30/20227,677-1,790-637-428N/A
3/31/20227,199-2,445-19086N/A
12/31/20216,528-2,406-15690N/A
9/30/20217,017-1,241N/AN/AN/A
6/30/20216,767-99023273N/A
3/31/20216,844-987-27456N/A
12/31/20207,399-1,136-199123N/A
9/30/20207,743-1,048182531N/A
6/30/20208,255-887306702N/A
3/31/20209,127-2787411,062N/A
12/31/20199,099129211,257N/A
9/30/20199,234-71586935N/A
6/30/20199,252-135N/A842N/A
3/31/20198,777-449N/A712N/A
12/31/20188,536-472N/A711N/A
9/30/20188,181-628N/A566N/A
6/30/20188,222-541N/A684N/A
3/31/20188,665-377N/A684N/A
12/31/20179,012-328N/A459N/A
9/30/20178,997-219N/A700N/A
6/30/20179,324-2,250N/A854N/A
3/31/20179,429-2,101N/A938N/A
12/31/201610,006-2,087N/A978N/A
9/30/201610,955-1,865N/A1,085N/A
6/30/201611,416167N/A532N/A
3/31/201611,335-822N/A44N/A
12/31/201511,515-806N/A-507N/A
9/30/201511,856-1,308N/A-41N/A
6/30/201512,294-1,286N/A296N/A
3/31/201513,013-214N/A1,208N/A
12/31/201412,886-230N/A1,198N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: SPM's forecast earnings growth (22.5% per year) is above the savings rate (2.9%).

Earnings vs Market: SPM's earnings (22.5% per year) are forecast to grow faster than the Italian market (9.6% per year).

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

Revenue vs Market: SPM's revenue (0.4% per year) is forecast to grow slower than the Italian market (5.2% per year).

High Growth Revenue: SPM's revenue (0.4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: SPM's Return on Equity is forecast to be low in 3 years time (19.3%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/31 18:47
End of Day Share Price 2025/10/31 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

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

Saipem SpA is covered by 45 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Francesco SalaBanca Akros S.p.A. (ESN)
Lucy HaskinsBarclays
Michael PickupBarclays