Company Valuation: Fincantieri S.p.A.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,023 899 942.2 2,233 5,411 4,049 - -
Change - -12.12% 4.8% 137.04% 142.27% -25.18% - -
Enterprise Value (EV) 1 1,882 3,430 3,213 3,514 7,283 5,496 5,406 5,320
Change - 82.25% -6.32% 9.37% 107.23% -24.54% -1.63% -1.59%
P/E 47.5x - -18.2x 51.1x - 27.6x 19.1x 14.5x
PBR 1.25x - 2.19x 1.95x 5.41x 2.59x 2.3x 2x
PEG - - - -0x - - 0.4x 0.5x
Capitalization / Revenue 0.15x 0.12x 0.12x 0.27x 0.59x 0.43x 0.4x 0.37x
EV / Revenue 0.27x 0.46x 0.42x 0.43x 0.79x 0.59x 0.54x 0.48x
EV / EBITDA 3.8x 15.5x 8.09x 6.9x 10.7x 7.77x 6.64x 5.7x
EV / EBIT 6.51x -343x 19.8x 14.3x 19.8x 14x 11.2x 9.34x
EV / FCF 7.97x -9.72x 8.48x 19.3x 35.2x -77.8x 91.4x 55x
FCF Yield 12.5% -10.3% 11.8% 5.18% 2.84% -1.28% 1.09% 1.82%
Dividend per Share 2 - - - - - 0.0245 0.1803 0.2403
Rate of return - - - - - 0.22% 1.59% 2.12%
EPS 2 0.1271 - -0.3073 0.1356 - 0.4104 0.5941 0.781
Distribution rate - - - - - 5.98% 30.3% 30.8%
Net sales 1 6,911 7,482 7,651 8,128 9,194 9,317 10,068 10,993
EBITDA 1 495 221 397 509 681 707.3 814.1 932.5
EBIT 1 289 -10 162 246 368 393.8 482.4 569.7
Net income 1 22 -309 -53 33 123 151.7 213.8 273.5
Net Debt 1 859 2,531 2,271 1,281 1,872 1,447 1,357 1,271
Reference price 2 6.04 5.30 5.58 6.93 16.70 11.34 11.34 11.34
Nbr of stocks (in thousands) 169,511 169,464 168,852 322,283 324,011 356,873 - -
Announcement Date 23/03/22 07/03/23 07/03/24 24/03/25 25/03/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
27.71x0.59x7.78x0.22% 4.71B
14.32x0.76x5.61x2.49% 40.07B
27.12x3.15x21.15x0% 26.23B
20.7x3.24x15.75x - 21.65B
8.85x0.67x3.65x3.74% 20.55B
21.3x1.94x14.1x0.41% 15.91B
7.71x1.58x4.68x6.34% 11.05B
36.86x1.24x12.28x1.1% 5.34B
13.33x0.74x7.49x2.18% 5.29B
10.83x - - 0.68% 4.29B
Average 18.87x 1.55x 10.28x 1.91% 15.51B
Weighted average by Cap. 17.95x 1.72x 10.70x 2.06%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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  4. Valuation Fincantieri S.p.A.
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