Saipem offers services in three distinct business lines: asset-based services (handling engineering and construction for offshore oil and wind projects), energy carriers (covering onshore E&C), and offshore drilling.
Saipem’s early investment in offshore wind will allow the firm to benefit from the very high growth expectations for offshore wind investment over the next decade.
Saipem’s fixed-price contracts will continue to pose a high risk, especially as the firm moves to adopt longer-term contracts with customers.
|
Metric
|
SPM
|
SLB
|
FTI
|
|---|---|---|---|
Price/Earnings (Normalized) | 11.92 | 17.04 | 96.59 |
Price/Book Value | 2.13 | 3.60 | 3.47 |
Price/Sales | 0.19 | 2.22 | 1.45 |
Price/Cash Flow | 6.42 | 10.73 | 25.62 |
|
Metric
|
SPM
|
SLB
|
FTI
|
|---|---|---|---|
Quick Ratio | 1.02 | 0.88 | 0.80 |
Current Ratio | 1.16 | 1.32 | 1.16 |
Interest Coverage | 0.94 | 11.30 | 2.42 |
|
Metric
|
SPM
|
SLB
|
FTI
|
|---|---|---|---|
Return on Assets (Normalized) | −0.95% | 9.54% | 2.11% |
Return on Equity (Normalized) | −7.41% | 22.91% | 6.40% |
Return on Invested Capital (Normalized) | −0.68% | 14.48% | 5.04% |
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
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