OTCMFNCNF
Market cap2.29bUSD
Dec 20, Last price
7.15USD
IPO
328.14%
Name
Fincantieri SpA
Chart & Performance
Profile
Fincantieri S.p.A., together with its subsidiaries, operates in the shipbuilding industry. The company operates in three segments: Shipbuilding; Offshore and Specialized Vessels; and Equipment, Systems and Services. The Shipbuilding segment designs and constructs cruise ships; ferries; naval vessels, such as aircraft carriers, destroyers, frigates, corvettes, patrol vessels, amphibious and logistic support ships, multirole and research vessels, special vessels, and submarines; and mega yachts, as well as expedition cruise vessels. The Offshore and Specialized Vessels segment designs and constructs offshore support vessels, specialized ships, and vessels for offshore wind farms and open ocean aquaculture, as well as other products in the field of drill ships and semi-submersible drilling rigs. This segment also provides electrical systems, including engineering, manufacturing, installation, integration testing, and commissioning services. The Equipment, Systems and Services segment provides stabilization, propulsion, and positioning and power generation systems; ship automation systems, steam turbines, and ship accommodation systems; entertainment systems and steel structures; cabins and public areas; catering; and electric, electronic, and electromechanical integrated systems. This segment also offers ship repairs, refitting, refurbishment, conversions, training and assistance, and product lifecycle management services, as well as after-sales support services. In addition, it is involved in the dry-dock management; project management; accommodation installation; and pipe installation. Further, the company provides electrical parts, technical and logistics engineering services, and ship interiors. It primarily serves ship owners and the defense sector worldwide. The company was founded in 1959 and is headquartered in Trieste, Italy. Fincantieri S.p.A. is a subsidiary of CDP Industria S.p.A.
Valuation
Title EUR in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 7,447,567 1.34% | 7,349,147 8.08% | 6,799,577 17.59% | |||||||
Cost of revenue | 6,070,784 | 6,165,932 | 5,465,717 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 1,376,783 | 1,183,215 | 1,333,860 | |||||||
NOPBT Margin | 18.49% | 16.10% | 19.62% | |||||||
Operating Taxes | (10,840) | (6,709) | 57,886 | |||||||
Tax Rate | 4.34% | |||||||||
NOPAT | 1,387,623 | 1,189,924 | 1,275,974 | |||||||
Net income | (52,830) -83.69% | (323,953) -1,587.52% | 21,778 -108.91% | |||||||
Dividends | (120) | |||||||||
Dividend yield | 0.01% | |||||||||
Proceeds from repurchase of equity | (5,700) | (1,143) | ||||||||
BB yield | 0.47% | 0.01% | ||||||||
Debt | ||||||||||
Debt current | 1,230,702 | 1,895,800 | 1,662,723 | |||||||
Long-term debt | 1,800,352 | 1,449,284 | 2,013,270 | |||||||
Deferred revenue | 50,490 | 48,674 | 2,188,584 | |||||||
Other long-term liabilities | 588,425 | 497,170 | (1,965,394) | |||||||
Net debt | 2,214,161 | 2,441,358 | 2,047,128 | |||||||
Cash flow | ||||||||||
Cash from operating activities | 636,852 | (57,724) | 862,365 | |||||||
CAPEX | (203,030) | (294,876) | (357,802) | |||||||
Cash from investing activities | (104,953) | (225,012) | (535,219) | |||||||
Cash from financing activities | (331,260) | (389,518) | (377,509) | |||||||
FCF | 1,936,702 | 542,591 | 1,613,293 | |||||||
Balance | ||||||||||
Cash | 757,273 | 564,576 | 1,236,180 | |||||||
Long term investments | 59,620 | 339,150 | 392,685 | |||||||
Excess cash | 444,515 | 536,269 | 1,288,886 | |||||||
Stockholders' equity | 770,432 | 864,389 | 878,636 | |||||||
Invested Capital | 3,529,098 | 3,772,133 | 3,692,978 | |||||||
ROIC | 38.01% | 31.88% | 33.69% | |||||||
ROCE | 34.03% | 26.95% | 28.74% | |||||||
EV | ||||||||||
Common stock shares outstanding | 218,790 | 1,697,336 | 1,716,911 | |||||||
Price | 5.58 5.08% | 5.31 -12.09% | 6.04 10.02% | |||||||
Market cap | 1,220,846 -86.45% | 9,012,855 -13.09% | 10,370,140 11.52% | |||||||
EV | 3,436,048 | 11,842,680 | 12,584,854 | |||||||
EBITDA | 1,610,574 | 1,414,150 | 1,539,168 | |||||||
EV/EBITDA | 2.13 | 8.37 | 8.18 | |||||||
Interest | 229,432 | 102,944 | 83,540 | |||||||
Interest/NOPBT | 16.66% | 8.70% | 6.26% |