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Fincantieri S.p.A. (IT:FCT)
:FCT
Top Page
Fincantieri S.p.A.
(LSE:FCT)
68Neutral
Positive Factors
Dividend Distribution
The 2025 guidance indicates a potential return to dividend distribution, suggesting positive financial health.
Profitability
The company's FY24 results showed solid progression on profitability and strong delivery on deleverage and bottom line improvements.
Revenue Growth
The company is showing positive progression in Offshore, with revenues up by 47% in the quarter, accelerating compared to previous quarters.
Negative Factors
Debt Leverage
The guidance on leverage ratio is now between 4.5x and 5.0x, indicating significant leverage.
Fincantieri S.p.A. (FCT) vs. S&P 500 (SPY)
Market Cap
€3.90B
Dividend YieldN/A
Average Volume (3M)1.14M
Price to Earnings (P/E)―
Beta (1Y)0.85
Revenue GrowthN/A
EPS GrowthN/A
CountryIT
Employees22,270
SectorIndustrials
Sector Strength77
IndustryAerospace & Defense
Share Statistics
EPS (TTM)-0.24
Shares Outstanding323,192,380
10 Day Avg. Volume996,117
30 Day Avg. Volume1,135,838
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.00
Price to Cash Flow (P/CF)0.00
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€11.20Price Target Upside-6.82% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering3
Fincantieri S.p.A. Business Overview & Revenue Model
Company DescriptionFincantieri S.p.A. operates in the shipbuilding industry worldwide. It operates in three segments: Shipbuilding; Offshore and Specialized Vessels; and Equipment, Systems and Infrastructure. The Shipbuilding segment designs and constructs cruise ships; expedition cruise vessels; naval vessels, such as aircraft carriers, destroyers, frigates, corvettes, patrol vessels, amphibious and logistic support ships, multirole and research vessels, special vessels, and submarines, as well as product lifecycle management, and training and assistance services; ship interiors comprising cabins, wet units, public areas, catering, glazing, and interior design solutions; and ship repairs, refitting, conversions, and refurbishment services. The Offshore and Specialized Vessels segment designs and constructs high-end offshore support vessels for offshore wind farms, and the oil and gas industry; specialized ships, such as cable-laying vessels and ferries; and unmanned vessels. The Equipment, Systems and Infrastructure segment offers energy generation/storage systems, such as electrical, electronic and electromechanical integrated systems, and entertainment systems; stabilization, propulsion, positioning, and power generation systems; and steam turbines, as well as designs and integrates systems with a focus on automation, cyber security, telecommunications, and critical infrastructures. This segment also is also involved in the design, construction, and assembly of steel structures on large project, including bridges, viaducts, airports, ports, maritime/hydraulic works, and large commercial and industrial buildings. The company provides dry-dock management; engineering, project, and supply chain management; information technology consultancy; mechanical products sale and after-sale; marine diesel engine maintenance; technological research and development; ship accommodation services; and charters boats, ships, and barges. The company was founded in 1959 and is headquartered in Trieste, Italy. Fincantieri S.p.A. is a subsidiary of CDP Equity S.p.A.
How the Company Makes MoneyFincantieri S.p.A. generates revenue primarily through the design and construction of a wide range of vessels, including cruise ships, naval ships, and offshore vessels. The company secures contracts from both commercial clients, such as cruise lines and shipping companies, and government entities for naval and defense-related projects. Additionally, Fincantieri offers maintenance, repair, and conversion services for ships, which provide a recurring revenue stream. The company also engages in partnerships and collaborations with other industry leaders to enhance its technological capabilities and expand its market reach. These key revenue streams and strategic partnerships significantly contribute to Fincantieri's earnings.
Fincantieri S.p.A. Financial Statement Overview
Summary
Income Statement
Balance Sheet
Cash Flow
| Breakdown | ||||
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 7.45B | 7.35B | 6.80B | 5.78B | 5.77B | Gross Profit |
| 1.55B | 1.34B | 1.49B | 1.05B | 1.25B | EBIT |
| 110.38M | -195.64M | 198.42M | -132.40M | 82.69M | EBITDA |
| 395.24M | 3.80M | 383.08M | 19.03M | 179.95M | Net Income Common Stockholders |
| -52.83M | -323.95M | 21.78M | -244.52M | -123.91M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 757.27M | 564.58M | 1.24B | 1.27B | 381.79M | Total Assets |
| 8.71B | 8.71B | 9.08B | 8.69B | 7.26B | Total Debt |
| 2.91B | 3.21B | 3.56B | 3.82B | 2.02B | Net Debt |
| 2.16B | 2.65B | 2.32B | 2.54B | 1.64B | Total Liabilities |
| 8.28B | 8.12B | 8.25B | 7.92B | 6.21B | Stockholders Equity |
| 433.12M | 585.50M | 818.58M | 761.47M | 1.02B |
| Cash Flow | Free Cash Flow | |||
| 378.40M | -352.60M | 504.56M | -852.72M | -256.78M | Operating Cash Flow |
| 636.73M | -57.72M | 862.37M | -543.39M | 22.24M | Investing Cash Flow |
| -104.95M | -225.01M | -535.22M | -376.02M | -310.18M | Financing Cash Flow |
| -331.26M | -389.52M | -377.51M | 1.82B | -7.95M |
Fincantieri S.p.A. Technical Analysis
Positive
12.02
Price Trends
10.37
Positive
8.88
Positive
6.99
Positive
Market Momentum
0.54
Negative
71.42
Negative
90.23
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IT:FCT, the sentiment is Positive. The current price of 12.02 is above the 20-day moving average (MA) of 10.74, above the 50-day MA of 10.37, and above the 200-day MA of 6.99, indicating a bullish trend. The MACD of 0.54 indicates Negative momentum. The RSI at 71.42 is Negative, neither overbought nor oversold. The STOCH value of 90.23 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IT:FCT.
Fincantieri S.p.A. Peers Comparison
Overall Rating
UnderperformOutperform
Sector (64)
Financial Indicators
Performance Comparison
IT:FCT
Fincantieri S.p.A.
12.02
7.18
148.50%
GB:0ONG
Leonardo Spa
49.00
27.16
124.36%
GB:0NUX
Prysmian SpA
52.49
-1.53
-2.83%
GB:0HXB
Tenaris
14.66
-0.72
-4.68%
IT:AV
Antares Vision SpA
3.60
0.68
23.29%
IT:FRE
Frendy Energy SpA
0.21
<0.01
5.00%
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.