Saipem (OTCPK:SAPM.Y) - Stock Price, News & Analysis

SAPM.Y Stock Overview

Provides energy and infrastructure solutions worldwide. More details

SAPM.Y fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	4/6
Past Performance	3/6
Financial Health	4/6
Dividends	0/6

Rewards

Trading at 46.6% below our estimate of its fair value

Earnings are forecast to grow 28.38% per year

Became profitable this year

Trading at good value compared to peers and industry

Risk Analysis

Highly volatile share price over the past 3 months compared to the US market

Saipem SpA Competitors

Cactus

NYSE:WHD

US$5.1b

NOV

NYSE:NOV

US$6.2b

Weatherford International

NasdaqGS:WFRD

US$5.9b

Archrock

NYSE:AROC

US$4.1b

Price History & Performance

Summary of all time highs, changes and price drops for Saipem
Historical stock prices
Current Share Price	€0.45
52 Week High	€0.52
52 Week Low	€0.22
Beta	1.84
11 Month Change	7.92%
3 Month Change	7.02%
1 Year Change	60.53%
33 Year Change	-97.82%
5 Year Change	-99.00%
Change since IPO	-99.99%

Recent updates

Shareholder Returns

	SAPM.Y	US Energy Services	US Market
7D	3.8%	-2.3%	-2.1%
1Y	60.5%	-4.3%	29.7%

Return vs Industry: SAPM.Y exceeded the US Energy Services industry which returned -5.4% over the past year.

Return vs Market: SAPM.Y exceeded the US Market which returned 29.6% over the past year.

Price Volatility

Is SAPM.Y's price volatile compared to industry and market?
SAPM.Y volatility
SAPM.Y Average Weekly Movement	24.4%
Energy Services Industry Average Movement	6.6%
Market Average Movement	6.2%
10% most volatile stocks in US Market	15.6%
10% least volatile stocks in US Market	3.1%

Stable Share Price: SAPM.Y's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: SAPM.Y's weekly volatility has increased from 18% to 24% 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?
SAPM.Y fundamental statistics
Market cap	US$4.81b
Earnings (TTM)	US$323.19m
Revenue (TTM)	US$14.37b

14.9x

P/E Ratio

0.3x

P/S Ratio

Is SAPM.Y overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SAPM.Y 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 SAPM.Y perform over the long term?

See historical performance and comparison

SAPM.Y Stock Overview

Rewards

Risk Analysis

Saipem SpA Competitors

NYSE:WHD

US$5.1b

NYSE:NOV

US$6.2b

NasdaqGS:WFRD

US$5.9b

NYSE:AROC

US$4.1b

Price History & Performance

Recent News & Updates

Saipem SpA (BIT:SPM) commences an Equity Buyback Plan for 37,000,000 shares, representing 1.85% for €59.3 million, under the authorization approved on May 3, 2023.

Saipem SpA to Report Fiscal Year 2023 Results on Feb 28, 2024

BW Energy Limited (OB:BWE) acquired FPSO Cidade de Vitoria from Saipem SpA (BIT:SPM).

BW Energy Limited (OB:BWE) acquired FPSO Cidade de Vitoria from Saipem SpA (BIT:SPM).

Saipem SpA, Annual General Meeting, May 03, 2023

Saipem SpA to Report Fiscal Year 2022 Final Results on Mar 14, 2023

Recent updates

Saipem SpA (BIT:SPM) commences an Equity Buyback Plan for 37,000,000 shares, representing 1.85% for €59.3 million, under the authorization approved on May 3, 2023.

Saipem SpA to Report Fiscal Year 2023 Results on Feb 28, 2024

BW Energy Limited (OB:BWE) acquired FPSO Cidade de Vitoria from Saipem SpA (BIT:SPM).

BW Energy Limited (OB:BWE) acquired FPSO Cidade de Vitoria from Saipem SpA (BIT:SPM).

Saipem SpA, Annual General Meeting, May 03, 2023

Saipem SpA to Report Fiscal Year 2022 Final Results on Mar 14, 2023

Saipem S.p.A. Appoints Davide Manunta as Non-Executive and Non-Independent Director, Member of the Sustainability, Scenarios and Governance Committee

Clough Reportedly for Sale

Saipem S.p.A. Announces Executive Changes

Saipem Spa Announces Resignation of Mr. Pier Francesco Ragni as Non-Executive and Non-Independent Member of the Board and Member of Sustainability, Scenarios and Governance Committee

Saipem SpA has completed a Follow-on Equity Offering in the amount of €1.395245 billion.

Kca Deutag Limited agreed to acquire Onshore drilling business of Saipem from Saipem SpA for $550 million.

KCA Deutag Drilling Limited signed a binding agreement to acquire Drilling Onshore Business from Saipem SpA (BIT:SPM).

Saipem SpA Appoints Paolo Calcagnini as Chief Financial Officer

Saipem SpA to Report Q2, 2022 Results on Jul 27, 2022

Saipem SpA (BIT:SPM) completed the acquisition of Floating Wind Business Of Naval Energies from Naval Energies SAS.

Saipem SpA (BIT:SPM) agreed to acquire Floating Wind Business Of Naval Energies from Naval Energies.

Elkem to Study Carbon Capture Opportunities with Aker Carbon Capture and Saipem

Saipem SpA to Report Fiscal Year 2020 Results on Feb 25, 2021

Saipem SpA Awards Front-End Engineering Design Contract for the Development of the Downstream

Shareholder Returns

Price Volatility

About the Company

Saipem SpA Fundamentals Summary

14.9x

0.3x

Earnings & Revenue