Saipem SpAWBO:SPM3 +1.90%44 Market Cap is €8,776 Mil as of Jun. 24, 2026. 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 1,043 Oil & Gas companies, Saipem SpA ranks better than 91.08% on this metric.
Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Saipem SpA's share price for the quarter that ended in Mar. 2026 was €3.95. Saipem SpA's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 1,940 Mil. Therefore, Saipem SpA's market cap for the quarter that ended in Mar. 2026 was €7,664 Mil.
Saipem SpA's quarterly market cap
declined
from Sep. 2025 (€4,809 Mil) to Dec. 2025 (€4,688 Mil) but then
increased
from Dec. 2025 (€4,688 Mil) to Mar. 2026 (€7,664 Mil).
Saipem SpA's annual market cap
increased
from Dec. 2023 (€2,968 Mil) to Dec. 2024 (€4,901 Mil) but then
declined
from Dec. 2024 (€4,901 Mil) to Dec. 2025 (€4,688 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Saipem SpA's Enterprise Value for Today is €9,994 Mil.
Saipem SpA (WBO:SPM3) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Saipem SpA Market Cap Related Terms
Saipem SpA Market Cap Historical Data
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The historical data trend for Saipem SpA's Market Cap 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 Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Saipem SpA's Market Cap distribution charts can be found below:
* The bar in red indicates where Saipem SpA's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Saipem SpA's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (WBO:SPM3) has a Market Cap of €8,776 Mil as of Jun. 24, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Saipem SpA and its competitors. According to the industry distribution chart, Saipem SpA ranks #93 out of 1043 companies in the Oil & Gas industry, placing it in the top 8.9%.
Is Saipem SpA's Market Cap too high?
Saipem SpA's current Market Cap is €8,776 Mil. Based on the distribution chart, Saipem SpA ranks #93 out of 1043 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. 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 Market Cap compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Saipem SpA ranks #93 out of 1043 companies for Market Cap. This places Saipem SpA in the top 9% of its industry — outperforming the majority of peers. The industry median Market Cap is 208.26. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for an Oil & Gas company?
The median Market Cap among Oil & Gas companies is 208.26, based on 1,043 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Saipem SpA and its competitors. For the Oil & Gas industry, the median Market Cap is 208.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saipem SpA's current Market Cap is €8,776 Mil. 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 Market Cap is €8,776 Mil. 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 Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Saipem SpA (WBO:SPM3), the current Market Cap is €8,776 Mil as of Jun. 24, 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:
Market Cap: €8,776 Mil
GF Value™: €2.49 vs. price of €4.55 (82.8% above fair value)
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 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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