Saipem SpA (CHIX:SPMM) Other Gross PPE: €11,720 Mil (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CHIX:SPMM Saipem SpA CHIX:SPMM
48 GF Score
Price €4.39
GF Value €2.53
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Saipem SpA Other Gross PPE?

Saipem SpA CHIX:SPMM 48 Other Gross PPE is €11,720 Mil as of Jun. 2026. GuruFocus rates CHIX:SPMM with a GF Score™ of 48/100 and a GF Value™ of €2.53 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Saipem SpA's Other Gross PPE for the quarter that ended in Jun. 2026 was €11,720 Mil.

Saipem SpA's quarterly Other Gross PPE increased from Dec. 2025 (€425 Mil) to Mar. 2026 (€3,781 Mil) and increased from Mar. 2026 (€3,781 Mil) to Jun. 2026 (€11,720 Mil).

Saipem SpA's annual Other Gross PPE declined from Dec. 2023 (€462 Mil) to Dec. 2024 (€435 Mil) and declined from Dec. 2024 (€435 Mil) to Dec. 2025 (€425 Mil).

Saipem SpA Other Gross PPE Historical Data

* Premium members only.

The historical data trend for Saipem SpA's Other Gross PPE 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 Other Gross PPE Chart

Saipem SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Other Gross PPE
Get a 7-Day Free Trial Premium Member Only Premium Member Only 706.00 458.00 462.00 435.00 425.00

Saipem SpA Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Other Gross PPE 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 11,771.00 0.00 425.00 3,781.00 11,720.00
CHIX:SPMM
48GF Score
Saipem SpA CHIX:SPMM
Other Gross PPE is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Saipem SpA Other Gross PPE Calculation

GuruFocus lists Land And Improvements, Buildings And Improvements, Machinery, Furniture, Equipment, Construction In Progress and Other Gross PPE under the "Gross Property, Plant and Equipment" section.

Frequently Asked Questions Learn more about Other Gross PPE →
What does a Other Gross PPE of €11,720 Mil mean?
Saipem SpA (CHIX:SPMM) has a Other Gross PPE of €11,720 Mil as of Jun. 2026. Other Gross PPE is property, plant and equipment recorded on a company's balance sheet that not otherwise classified. View historical data on Saipem SpA and its competitors.
Is Saipem SpA's Other Gross PPE too high?
Saipem SpA's current Other Gross PPE is €11,720 Mil. Overall, Saipem SpA has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Saipem SpA's Other Gross PPE compare to SLB and BKR?
Saipem SpA's Other Gross PPE of €11,720 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Other Gross PPE for an Oil & Gas company?
A good Other Gross PPE depends on the Oil & Gas industry context. However, Other Gross PPE 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 Other Gross PPE mean?
A high Other Gross PPE can signal that a stock is expensive relative to its fundamentals. Other Gross PPE is property, plant and equipment recorded on a company's balance sheet that not otherwise classified. View historical data on Saipem SpA and its competitors. Saipem SpA's current Other Gross PPE is €11,720 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 (CHIX:SPMM) is currently considered Significantly Overvalued. The stock's GF Value™ is €2.53, compared to a current price of €4.39 — trading 73.3% above its estimated fair value. The current Other Gross PPE is €11,720 Mil. Saipem SpA's overall GF Score™ is 48/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Other Gross PPE calculated?
Other Gross PPE is calculated from a company's financial statements. For Saipem SpA (CHIX:SPMM), the current Other Gross PPE is €11,720 Mil as of Jun. 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 (CHIX:SPMM) Overvalued in 2026?

Based on GuruFocus' analysis, Saipem SpA stock appears to be overvalued. The current stock price of €4.39 is trading 73.3% above its estimated GF Value™ of €2.53. GuruFocus considers Saipem SpA to be Significantly Overvalued.

Key valuation signals for CHIX:SPMM:

  • Other Gross PPE: €11,720 Mil
  • GF Value™: €2.53 vs. price of €4.39 (73.3% above fair value)
  • GF Score™: 48/100 with 8 warning signs

No single metric tells the full story. See the CHIX:SPMM 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.
48GF Score

Get the complete analysis for CHIX:SPMM

Other Gross PPE is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€4.39
Price
€2.53
GF Value