SAPMF (Saipem SpA) Tax Provision: $-248 Mil (TTM As of Mar. 2026)


SAPMF Saipem SpA SAPMF
57 GF Score
Price $4.89
GF Value $2.90
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Saipem SpA Tax Provision?

Saipem SpA SAPMF -1.21% 57 Tax Provision is $-248 Mil as of Mar. 2026. GuruFocus rates SAPMF with a GF Score™ of 57/100 and a GF Value™ of $2.90 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Saipem SpA's tax provision for the three months ended in Mar. 2026 was $-53 Mil. Its tax provision for the trailing twelve months (TTM) ended in Mar. 2026 was $-248 Mil.

Saipem SpA Tax Provision Historical Data

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The historical data trend for Saipem SpA's Tax Provision 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 Tax Provision Chart

Saipem SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Provision
Get a 7-Day Free Trial Premium Member Only Premium Member Only -66.67 -162.08 -158.12 -198.95 -242.39

Saipem SpA Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Provision 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 -43.24 -36.91 -52.82 -105.39 -53.18
SAPMF
57GF Score
Saipem SpA SAPMF
Tax Provision is just one metric. See GF Score™, valuation, warning signs, and more.
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Saipem SpA Tax Provision Calculation

Tax to be paid.

Tax Provision for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-248 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.

Frequently Asked Questions Learn more about Tax Provision →
What does a Tax Provision of $-248 Mil mean?
Saipem SpA (SAPMF) has a Tax Provision of $-248 Mil as of Mar. 2026. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Saipem SpA and its competitors.
Is Saipem SpA's Tax Provision too high?
Saipem SpA's current Tax Provision is $-248 Mil. Overall, Saipem SpA has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Saipem SpA's Tax Provision compare to SLB and BKR?
Saipem SpA's Tax Provision of $-248 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 Tax Provision for an Oil & Gas company?
A good Tax Provision depends on the Oil & Gas industry context. However, Tax Provision 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 Tax Provision mean?
A high Tax Provision can signal that a stock is expensive relative to its fundamentals. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Saipem SpA and its competitors. Saipem SpA's current Tax Provision is $-248 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 (SAPMF) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.90, compared to a current price of $4.89 — trading 68.6% above its estimated fair value. The current Tax Provision is $-248 Mil. Saipem SpA's overall GF Score™ is 57/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Provision calculated?
Tax Provision is calculated from a company's financial statements. For Saipem SpA (SAPMF), the current Tax Provision is $-248 Mil 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 (SAPMF) Overvalued in 2026?

Based on GuruFocus' analysis, Saipem SpA stock appears to be overvalued. The current stock price of $4.89 is trading 68.6% above its estimated GF Value™ of $2.90. GuruFocus considers Saipem SpA to be Significantly Overvalued.

Key valuation signals for SAPMF:

  • Tax Provision: $-248 Mil
  • GF Value™: $2.90 vs. price of $4.89 (68.6% above fair value)
  • GF Score™: 57/100 with 8 warning signs

No single metric tells the full story. See the SAPMF 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.
57GF Score

Get the complete analysis for SAPMF

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

$4.89
Price
$2.90
GF Value