Saipem SpA (SPM.MI) earns a Piotroski F-score of 8/9 (strong financial health), with an Altman Z″ in the distress zone. It pays a dividend yielding 4.04% (safety: at-risk). FY2025 revenue was €15.5B at a 2.0% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Analyst price target
Wall Street analyst consensus — a sentiment gauge, not our scoring.
Forward estimates · earnings calendar →
Consensus analyst estimates and scheduled dates — forward-looking, may change.
How it ranks in Energy · percentile among 60 companies
Percentile vs other Energy companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 8/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · distress zone
| Component | Value |
|---|---|
| Working capital / assets | 0.057 |
| Retained earnings / assets | 0.043 |
| EBIT / assets | 0.048 |
| Equity / liabilities | 0.223 |
About Saipem SpA
Saipem SpA provides energy and infrastructure solutions worldwide. It operates through Asset Based Services, Offshore Drilling, and Energy Carriers segments. The company offers development of subsea fields and pipelaying; installation and lifting of offshore structures; engages in engineering, implementation, installation, maintenance, modification, and decommissioning activities, as well as offshore engineering and construction, and wind activities. It is also involved in onshore engineering and construction, sustainable infrastructures, and robotics and industrialized solutions; and design and construction of infrastructure projects, such as railway lines in high speed/high capacity lines. In addition, the company provides procurement, project management, and construction services to oil and gas, civil and marine infrastructure, and environmental markets. The company was founded in 1957 and is headquartered in Milan, Italy.
FAQ
Is SPM.MI financially healthy?
Saipem SpA's Piotroski F-score is 8/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the distress zone.
Does SPM.MI pay a dividend, and is it safe?
Yes. Saipem SpA pays a dividend yielding about 4.04% with a 107.4% payout ratio, rated “at-risk” for safety.
How profitable is SPM.MI?
In FY2025, Saipem SpA had a net margin of 2.0% and a return on equity of 11.8%.
What is SPM.MI's P/E ratio?
Saipem SpA's trailing price-to-earnings (P/E) ratio is about 26.6×, based on its latest annual earnings.
What is the analyst price target for SPM.MI?
The average Wall-Street price target for Saipem SpA is €4.89, about 15.3% above the recent price, from 17 analysts (consensus: buy).
Is SPM.MI a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on Saipem SpA: a Piotroski F-score of 8/9, an Altman Z″ in the distress zone, a P/E of about 26.6×, a dividend yield of 4.04%. Weigh these quality and valuation signals against your own goals.
Computed from company filings · IT · as of 2025-12-31. Figures in EUR. Facts plus Stocktoria's own computed scores — not investment advice.