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Saipem SpA SPM.MI

IT · Borsa Italiana · XMIL · stock · Energy · website

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.

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8/9
Piotroski F — financial health
1.07
Altman Z″ — distress risk · distress
5.5%
Dividend yield 5y avg · at-risk · Dividend payout 107.4%

Quality score trend · recomputed for each fiscal year

Piotroski F /9
8 8 8 202320242025
Altman Z″
1.19 1.21 1.07 202320242025

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.

€4.24 as of 2026-07-01 · +81% 1y
€2.26€4.6152-wk
Market cap USD$9.4B
P / E26.6×
Dividend yield 5y avg5.5%
Net margin 5y avg0.9%
Return on equity 5y avg5.3%
Beta1.56
Employees30,000

Analyst price target

€4.89 +15.3% vs last
consensus: buy · 17 analysts
target range €3.40 – €6.00 · median €5.00
3 strong buy · 9 buy · 4 hold · 1 sell

Wall Street analyst consensus — a sentiment gauge, not our scoring.

Forward estimates · earnings calendar →

Forward EPS est.€0.30
Forward P / E14.3×

Consensus analyst estimates and scheduled dates — forward-looking, may change.

Revenue trend · last 4y · up

How it ranks in Energy · percentile among 60 companies

Piotroski Fstronger than 97%
Net marginstronger than 17%
Return on equitystronger than 57%
Revenue growthstronger than 78%

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

Altman Z″ components · distress zone

ComponentValue
Working capital / assets0.057
Retained earnings / assets0.043
EBIT / assets0.048
Equity / liabilities0.223

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.