Saipem SpA (WBO:SPM3) EBITDA Margin %: 8.50% (As of Mar. 2026) — 74% Above Median


WBO:SPM3 Saipem SpA WBO:SPM3
44 GF Score
Price €4.55
GF Value €2.49
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Saipem SpA EBITDA Margin %?

Saipem SpA WBO:SPM3 +1.90% 44 EBITDA Margin % is 8.50% as of Mar. 2026, which is 74% above its 10-year median of 4.89. GuruFocus rates WBO:SPM3 with a GF Score™ of 44/100 and a GF Value™ of €2.49 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 916 Oil & Gas companies, Saipem SpA ranks worse than 54.48% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. Saipem SpA's EBITDA for the three months ended in Mar. 2026 was €300 Mil. Saipem SpA's Revenue for the three months ended in Mar. 2026 was €3,528 Mil. Therefore, Saipem SpA's EBITDA margin for the quarter that ended in Mar. 2026 was 8.50%.


Saipem SpA  (WBO:SPM3) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


Saipem SpA EBITDA Margin % Related Terms


Saipem SpA EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for Saipem SpA's EBITDA Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Saipem SpA EBITDA Margin % Chart

Saipem SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -28.01 4.22 8.00 9.29 10.76

Saipem SpA Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBITDA Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.37 13.42 10.42 12.29 8.50

WBO:SPM3 vs SLB, BKR, HAL: EBITDA Margin % Comparison

For the Oil & Gas Equipment & Services subindustry, Saipem SpA's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Saipem SpA EBITDA Margin % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Saipem SpA's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where Saipem SpA's EBITDA Margin % falls into.


WBO:SPM3
44GF Score
Saipem SpA WBO:SPM3
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Saipem SpA EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

Saipem SpA's EBITDA Margin % for the fiscal year that ended in Dec. 2025 is calculated as

EBITDA Margin %=EBITDA (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=1668/15504
=10.76 %

Saipem SpA's EBITDA Margin % for the quarter that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=300/3528
=8.50 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBITDA Margin % →
What does a EBITDA Margin % of 8.50% mean?
Saipem SpA (WBO:SPM3) has a EBITDA Margin % of 8.50% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Saipem SpA and its competitors. This is 74% above median its historical median of 4.89. According to the industry distribution chart, Saipem SpA ranks #499 out of 916 companies in the Oil & Gas industry, placing it in the top 54.5%.
Is Saipem SpA's EBITDA Margin % too high?
Saipem SpA's current EBITDA Margin % of 8.50% is 74% above median its 10-year median of 4.89. The Oil & Gas industry median EBITDA Margin % is 13.80. Saipem SpA's value of 8.50% is 38.4% below this industry median. Based on the distribution chart, Saipem SpA ranks #499 out of 916 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Saipem SpA has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Saipem SpA's EBITDA Margin % compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Saipem SpA ranks #499 out of 916 companies for EBITDA Margin %. This places Saipem SpA in the lower half of its industry. The industry median EBITDA Margin % is 13.80. Saipem SpA's value of 8.50% is 38.4% below this benchmark. While the company's 10-year median is 4.89 vs. the industry median of 13.80, Saipem SpA has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for an Oil & Gas company?
The median EBITDA Margin % among Oil & Gas companies is 13.80, based on 916 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Saipem SpA's current EBITDA Margin % of 8.50% is 38.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Saipem SpA and its competitors. For the Oil & Gas industry, the median EBITDA Margin % is 13.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saipem SpA's current EBITDA Margin % is 8.50%, which is 74% above median its own 10-year median of 4.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saipem SpA stock overvalued right now?
Based on GuruFocus' analysis, Saipem SpA (WBO:SPM3) is currently considered Significantly Overvalued. The stock's GF Value™ is €2.49, compared to a current price of €4.55 — trading 82.8% above its estimated fair value. The current EBITDA Margin % is 8.50%, which is 74% above median its 10-year median of 4.89 and 38.4% below the Oil & Gas industry median of 13.80. Saipem SpA's overall GF Score™ is 44/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Saipem SpA (WBO:SPM3), the current EBITDA Margin % is 8.50% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Saipem SpA (WBO:SPM3) Overvalued in 2026?

Based on GuruFocus' analysis, Saipem SpA stock appears to be overvalued. The current stock price of €4.55 is trading 82.8% above its estimated GF Value™ of €2.49. GuruFocus considers Saipem SpA to be Significantly Overvalued.

Key valuation signals for WBO:SPM3:

  • EBITDA Margin %: 8.50% (74% above median its 10-year median of 4.89)
  • GF Value™: €2.49 vs. price of €4.55 (82.8% above fair value)
  • GF Score™: 44/100 with 8 warning signs
  • Industry Position: 38.4% below the Oil & Gas median (#499 of 916)

No single metric tells the full story. See the WBO:SPM3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Saipem SpA Business Description

Industry EnergyOil & Gas
Address Via Luigi Russolo, 5, Milano, ITA, 20138
Saipem SpA specializes in engineering and construction of projects for the energy and infrastructure sectors, offshore and onshore. The company operates through Asset-Based Services, Offshore Drilling, and Energy Carriers segments. Key revenue is generated from Asset-Based Services, which includes the Offshore Engineering & Construction and Offshore Wind activities. The Energy Carriers segment includes the Onshore Engineering & Construction, Sustainable Infrastructures, and Robotics & Industrialized Solutions activities. Its revenue by geographical segment includes Italy, Rest of Europe, CSI, Rest of Asia, etc.
44GF Score

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EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€4.55
Price
€2.49
GF Value