Saipem SpA
MIL:SPM

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Saipem SpA
MIL:SPM
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Price: 2.488 EUR 0.24%
Market Cap: 4.9B EUR
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Relative Value

The Relative Value of one SPM stock under the Base Case scenario is 4.576 EUR. Compared to the current market price of 2.488 EUR, Saipem SpA is Undervalued by 46%.

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
4.576 EUR
Undervaluation 46%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
36
vs Industry
73
Median 3Y
0.2
Median 5Y
0.3
Industry
2.2
Forward
0.4
vs History
12
vs Industry
16
Median 3Y
-0.7
Median 5Y
-1.5
Industry
16.6
Forward
16
vs History
61
vs Industry
17
Median 3Y
4.8
Median 5Y
6.2
Industry
10.4
vs History
vs Industry
Median 3Y
-3
Median 5Y
-3
Industry
13.7
vs History
33
vs Industry
25
Median 3Y
1.6
Median 5Y
1.6
Industry
1.6
vs History
53
vs Industry
71
Median 3Y
0.3
Median 5Y
0.3
Industry
3.2
Forward
0.3
vs History
65
vs Industry
63
Median 3Y
1.1
Median 5Y
1.3
Industry
7.1
vs History
42
vs Industry
20
Median 3Y
3.3
Median 5Y
3.6
Industry
11.3
Forward
3.5
vs History
44
vs Industry
13
Median 3Y
7
Median 5Y
7.3
Industry
13.2
Forward
7.1
vs History
68
vs Industry
15
Median 3Y
4.9
Median 5Y
8.3
Industry
11.1
vs History
36
vs Industry
4
Median 3Y
-2.3
Median 5Y
6.7
Industry
12.2
vs History
44
vs Industry
56
Median 3Y
0.4
Median 5Y
0.5
Industry
1.5

Multiples Across Competitors

SPM Competitors Multiples
Saipem SpA Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
IT
Saipem SpA
MIL:SPM
4.9B EUR 0.4 19 4.3 8.7
US
Schlumberger NV
NYSE:SLB
52B USD 1.4 11.6 6.8 9.6
US
Baker Hughes Co
NASDAQ:BKR
39.9B USD 1.5 17.8 9.9 13.3
US
Halliburton Co
NYSE:HAL
22.8B USD 1 9 5.5 7
LU
Tenaris SA
MIL:TEN
19.9B EUR 1.6 7.8 5.2 6.4
UK
TechnipFMC PLC
NYSE:FTI
12.3B USD 1.4 18.3 9.4 13.3
CN
CNOOC Energy Technology & Services Ltd
SSE:600968
42.1B CNY 0.8 11.6 8.7 8.7
US
Nov Inc
NYSE:NOV
5.5B USD 0.6 5.2 5.4 7.6
US
ChampionX Corp
NASDAQ:CHX
4.9B USD 1.3 15.6 7 10.5
US
Weatherford International PLC
NASDAQ:WFRD
4.9B USD 0.9 9.1 4.3 5.9
CN
Yantai Jereh Oilfield Services Group Co Ltd
SZSE:002353
34B CNY 2.6 13.9 12.6 12.6

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