Financials Fincantieri S.p.A.

Equities

FCT

IT0001415246

Shipbuilding

Market Closed - Borsa Italiana 16:44:59 14/06/2024 BST 5-day change 1st Jan Change
0.517 EUR -2.82% Intraday chart for Fincantieri S.p.A. -10.71% -7.35%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 1,561 928.3 1,023 899 942.2 874.6 - -
Enterprise Value (EV) 1 2,297 1,990 1,882 3,430 3,213 3,556 3,497 3,263
P/E ratio -11.1 x -3.87 x 47.5 x - -18.2 x 153 x 18 x 10.9 x
Yield - - - - - - - -
Capitalization / Revenue 0.27 x 0.16 x 0.15 x 0.12 x 0.12 x 0.11 x 0.1 x 0.1 x
EV / Revenue 0.39 x 0.34 x 0.27 x 0.46 x 0.42 x 0.44 x 0.41 x 0.36 x
EV / EBITDA 7.18 x 6.34 x 3.8 x 15.5 x 8.09 x 7.4 x 6.1 x 5.1 x
EV / FCF -25 x -2.33 x 7.97 x -9.72 x 8.48 x -8.7 x 95 x 12.4 x
FCF Yield -4.01% -42.8% 12.5% -10.3% 11.8% -11.5% 1.05% 8.06%
Price to Book 1.53 x 1.22 x 1.25 x - 2.19 x 1.74 x 1.64 x 1.26 x
Nbr of stocks (in thousands) 1,694,944 1,692,425 1,695,111 1,694,639 1,688,523 1,691,591 - -
Reference price 2 0.9210 0.5485 0.6035 0.5305 0.5580 0.5170 0.5170 0.5170
Announcement Date 01/04/20 25/02/21 23/03/22 07/03/23 07/03/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 5,849 5,879 6,911 7,482 7,651 8,020 8,577 8,985
EBITDA 1 320 314 495 221 397 480.9 573.4 639.4
EBIT 1 153 148 289 -10 162 249 327.5 399.9
Operating Margin 2.62% 2.52% 4.18% -0.13% 2.12% 3.1% 3.82% 4.45%
Earnings before Tax (EBT) 1 -54 -199 100 -308 -49 16.8 81 123.5
Net income 1 -141 -240 22 -309 -53 -12.13 47.08 96.35
Net margin -2.41% -4.08% 0.32% -4.13% -0.69% -0.15% 0.55% 1.07%
EPS 2 -0.0832 -0.1417 0.0127 - -0.0307 0.003390 0.0287 0.0473
Free Cash Flow 1 -92 -852.7 236 -353 379 -408.9 36.83 263.1
FCF margin -1.57% -14.5% 3.41% -4.72% 4.95% -5.1% 0.43% 2.93%
FCF Conversion (EBITDA) - - 47.68% - 95.47% - 6.42% 41.15%
FCF Conversion (Net income) - - 1,072.73% - - - 78.23% 273.07%
Dividend per Share 2 - - - - - - - -
Announcement Date 01/04/20 25/02/21 23/03/22 07/03/23 07/03/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2020 S1 2021 S1 2021 Q4 2022 Q1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 S1 2023 Q4 2024 Q1
Net sales 1 2,369 3,251 2,126 1,681 1,839 3,520 1,795 2,167 1,764 1,905 3,669 2,268 1,767
EBITDA 1 119 219 165 118 -28 90 82 49 87 98 185 121 100.4
EBIT 54 123 - - - -21 - - - - 72 - -
Operating Margin 2.28% 3.78% - - - -0.6% - - - - 1.96% - -
Earnings before Tax (EBT) - - - - - - - - - - - - -
Net income -135 6 - - - -230 - - - - -20 - -
Net margin -5.7% 0.18% - - - -6.53% - - - - -0.55% - -
EPS - - - - - - - - - - - - -
Dividend per Share - - - - - - - - - - - - -
Announcement Date 30/07/20 29/07/21 23/03/22 05/05/22 26/07/22 26/07/22 07/11/22 07/03/23 18/05/23 26/07/23 26/07/23 07/03/24 12/06/24
1EUR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 736 1,062 859 2,531 2,271 2,682 2,623 2,389
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 2.3 x 3.382 x 1.735 x 11.45 x 5.72 x 5.577 x 4.575 x 3.736 x
Free Cash Flow 1 -92 -853 236 -353 379 -409 36.8 263
ROE (net income / shareholders' equity) -12.9% -26.8% 11.6% -14.8% -1.37% 11.6% 16% 16.2%
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share 2 0.6000 0.4500 0.4800 - 0.2600 0.3000 0.3200 0.4100
Cash Flow per Share 2 0.1700 -0.3200 0.5000 - 0.3800 0.1400 0.1600 0.1700
Capex 1 279 309 358 295 258 268 250 224
Capex / Sales 4.77% 5.26% 5.18% 3.94% 3.37% 3.34% 2.91% 2.49%
Announcement Date 01/04/20 25/02/21 23/03/22 07/03/23 07/03/24 - - -
1EUR in Million2EUR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
A-
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
4
Last Close Price
0.517 EUR
Average target price
0.585 EUR
Spread / Average Target
+13.15%
Consensus

Quarterly revenue - Rate of surprise

  1. Stock Market
  2. Equities
  3. FCT Stock
  4. Financials Fincantieri S.p.A.
-40% Limited Time Offer: Our subscriptions help you unlock hidden opportunities.
BENEFIT NOW