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Saipem SpASAPMY +2.11%38 EV-to-EBITDA is 9.33 as of Sep. 16, 2026, which is 173% above its 10-year median of 3.42. GuruFocus rates SAPMY with a GF Score™ of 38/100 and a GF Value™ of $0.76 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 775 Oil & Gas companies, Saipem SpA ranks better than 66.58% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Saipem SpA's enterprise value is $10,161 Mil.
Saipem SpA's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was $1,089 Mil. Therefore, Saipem SpA's EV-to-EBITDA for today is 9.33.
The historical rank and industry rank for Saipem SpA's EV-to-EBITDA or its related term are showing as below:
SAPMY'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -167.61 Med: 3.42 Max: 49.48
Current: 4.95
During the past 13 years, the highest EV-to-EBITDA of Saipem SpA was 49.48. The lowest was -167.61. And the median was 3.42.
SAPMY's EV-to-EBITDA is ranked better than 66.58% of 775
companies
in the Oil & Gas industry
Industry Median: 7.47
vs SAPMY: 4.95
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Saipem SpA's share price for today is $0.97.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Saipem SpA's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $0.031.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for Saipem SpA's EV-to-EBITDA 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.
For the Oil & Gas Equipment & Services subindustry, Saipem SpA's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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 EV-to-EBITDA vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Saipem SpA's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Saipem SpA's EV-to-EBITDA falls into.
Saipem SpA's current Enterprise Value is $10,161 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Saipem SpA's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was $1,089 Mil.
* 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 (SAPMY) has a EV-to-EBITDA of 9.33 as of Sep. 16, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Saipem SpA. This is 173% above median its historical median of 3.42. According to the industry distribution chart, Saipem SpA ranks #259 out of 775 companies in the Oil & Gas industry, placing it in the top 33.4%.
Is Saipem SpA's EV-to-EBITDA too high?
Saipem SpA's current EV-to-EBITDA of 9.33 is 173% above median its 10-year median of 3.42. The Oil & Gas industry median EV-to-EBITDA is 7.47. Saipem SpA's value of 9.33 is 24.9% above this industry median. Based on the distribution chart, Saipem SpA ranks #259 out of 775 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Saipem SpA has a GF Score™ of 38/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Saipem SpA's EV-to-EBITDA compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Saipem SpA ranks #259 out of 775 companies for EV-to-EBITDA. This puts Saipem SpA in the upper half of its industry. The industry median EV-to-EBITDA is 7.47. Saipem SpA's value of 9.33 is 24.9% above this benchmark. While the company's 10-year median is 3.42 vs. the industry median of 7.47, Saipem SpA has consistently been above 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 EV-to-EBITDA for an Oil & Gas company?
The median EV-to-EBITDA among Oil & Gas companies is 7.47, based on 775 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Saipem SpA's current EV-to-EBITDA of 9.33 is 24.9% above 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 EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Saipem SpA. For the Oil & Gas industry, the median EV-to-EBITDA is 7.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saipem SpA's current EV-to-EBITDA is 9.33, which is 173% above median its own 10-year median of 3.42. 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 (SAPMY) is currently considered Modestly Overvalued. The stock's GF Value™ is $0.76, compared to a current price of $0.97 — trading 27.6% above its estimated fair value. The current EV-to-EBITDA is 9.33, which is 173% above median its 10-year median of 3.42 and 24.9% above the Oil & Gas industry median of 7.47. Saipem SpA's overall GF Score™ is 38/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Saipem SpA (SAPMY), the current EV-to-EBITDA is 9.33 as of Sep. 16, 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 (SAPMY) Overvalued in 2026?
Based on GuruFocus' analysis, Saipem SpA stock appears to be overvalued.
The current stock price of $0.97 is trading 27.6% above its estimated GF Value™ of $0.76.
GuruFocus considers Saipem SpA to be Modestly Overvalued.
Key valuation signals for SAPMY:
EV-to-EBITDA: 9.33 (173% above median its 10-year median of 3.42)
GF Value™: $0.76 vs. price of $0.97 (27.6% above fair value)
Industry Position: 24.9% above the Oil & Gas median (#259 of 775)
No single metric tells the full story. See the SAPMY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
38GF Score
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EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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