Saipem(SPM)

Sector:

Fossil Fuels and Distribution

Index:

Milan MIB Gen

Market Cap

€ 10,144m

Change Today

Price Down-€ 1.07

Share Price

€ 22.99

Saipem Overview

Saipem is a service sector contractor in the oil and gas industry. It has three global business units: Onshore, Offshore and Drilling. It develops drilling systems and installs pipelines, refineries, water pumps, petrochemical facilities and natural gas compression plants.

1 Day Chart (05-Sep-2008)

1 Day Chart

6 Month Chart

6 Month Chart

Income & Efficiency

Latest F'cast
Div Yield 1.5% 2.4%
Div Cover 4.6 2.8
Op Mrgn 9.0% 10.1%
ROCE 20.5%  

Valuation

Latest F'cast
P/E 14.7 14.6
PEG 0.1 n/a
Pr/Revenue 1.4 1.0
Pr/Book 5.7  

Growth

Latest F'cast
Revenue 26.8% 4.5%
PBT 106.4% -10.1%
EPS 127.3% -21.0%
DPS 51.7% 27.8%

Saipem Fundamentals

Year Ending Revenue (€ m) Pre-tax (€ m) EPS P/E PEG EPS Grth. Div Yield
31-Dec-03 4,124.00 263.00 44.70¢ 14.4 n/a n/a 15.00¢ 2.3%
31-Dec-04 4,250.00 305.00 53.70¢ 16.4 0.8 +20% 15.00¢ 1.7%
31-Dec-05 4,481.00 335.00 58.40¢ 23.7 2.6 +9% 19.00¢ 1.4%
31-Dec-06 7,567.00 544.00 88.20¢ 22.4 0.4 +51% 29.00¢ 1.5%
31-Dec-07 9,596.00 1,123.00 200.50¢ 13.7 0.1 +127% 44.00¢ 1.6%

Saipem Forecasts

Year Ending Revenue (€ m) Pre-tax (€ m) EPS P/E PEG EPS Grth. Div Yield
31-Dec-08 10,026.19 1,009.46 158.32¢ 14.5 n/a -21% 56.23¢ 2.4%
31-Dec-09 11,241.24 1,154.52 184.52¢ 12.5 0.8 +17% 60.96¢ 2.7%

Covering analysts: ABN AMRO, Actinvest, Banca IMI, CA Cheuvreux, Citigroup Investment Research, Deutsche Bank Research, DNB NOR Markets, ESN-Banca Akros, Goldman Sachs, HSBC Securities, Intermonte Securities, JP Morgan, Landsbanki Kepler, Lehman Bros, Merrill Lynch, Morgan Stanley, Natixis Securities, Simmons & Company Internationa, Unicredit Markets & Invt Bank

Saipem Top Newspaper Links

Saipem riduce le perdite dopo nuovo contratto, n... 11-Jul-2006 Milano Finanza
Etica e aziende, a sorpresa il ritorno di Parmalat 07-Jul-2006 Corsera
Vendite pesanti a Milano, Fideuram in netta cont... 06-Jul-2006 Milano Finanza

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Forecast figures based on normalised accounts.

 

Saipem Market Data

Currency Euro
Share Price € 22.99  
Change Today -€ 1.07
52 Week High € 31.4
52 Week Low € 21.4
Volume 4,827,155
Shares Issued 441.25m
Market Cap € 10,144m
Beta 0.22
RiskGrade 199

What The Brokers Say

Strong Buy 7
Buy 4
Neutral 5
Sell 0
Strong Sell 2
Total 18
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Saipem Dividends

No dividends found

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