MaireTecnimont SpA (MAIRE) AI Stock Analysis

• Market Cap: €3.93B
• Dividend Yield: 2.96%
• Average Volume (3M): 385.64K
• Price to Earnings (P/E): 16.7
• Beta (1Y): 1.08
• Revenue Growth: 35.88%
• EPS Growth: 42.56%
• Country: IT
• Employees: 9,966
• Sector: Services
• Sector Strength: N/A
• Industry: Engineering & Construction
• EPS (TTM): 0.39
• Shares Outstanding: 328,640,440
• 10 Day Avg. Volume: 295,249
• 30 Day Avg. Volume: 385,638
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €14.00
• Price Target Upside: 16.57% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 76 Outperform
• Price Target: €14.00 ▲(16.57% Upside)

MaireTecnimont SpA's strong financial performance, characterized by robust revenue growth and profitability, is the most significant factor driving the score. The positive technical indicators further support the stock's potential for growth. While the valuation is fair, the high leverage and declining free cash flow growth are risks that need to be addressed. The absence of earnings call data and corporate events did not impact the score.

MaireTecnimont SpA Business Overview & Revenue Model

Company Description

MaireTecnimont SpA (MAIRE) is an Italian multinational engineering company specializing in the development of technologies and services for the oil and gas, petrochemical, and chemical industries. The company operates through various sectors, including engineering, procurement, construction, and project management. Core products and services include the design and execution of complex industrial plants, offering innovative solutions in energy transition, sustainable development, and process efficiency.

How the Company Makes Money

MaireTecnimont primarily generates revenue through a project-based business model, focusing on engineering and construction contracts in the energy and petrochemical sectors. Key revenue streams include contracts for the design and construction of industrial facilities, as well as project management services. The company also benefits from long-term partnerships with major players in the oil and gas industry, which provide a steady flow of projects. Additionally, MaireTecnimont invests in research and development to create proprietary technologies that enhance operational efficiency, enabling it to offer unique solutions that can command premium pricing. The company's earnings are further supported by its international presence, allowing it to tap into various global markets for energy and industrial infrastructure development.

MaireTecnimont SpA Financial Statement Overview

Summary

MaireTecnimont SpA exhibits strong revenue growth and profitability, supported by efficient cost management and robust return on equity. However, the high leverage and declining free cash flow growth present potential risks. The company should focus on improving cash flow management to sustain its growth trajectory and mitigate financial risks associated with high debt levels.

Income Statement

MaireTecnimont SpA has demonstrated strong revenue growth with a TTM increase of 4.84% and a consistent upward trend over the past years. The gross profit margin has improved significantly to 29.72% in the TTM, indicating efficient cost management. Net profit margin has also shown a slight improvement to 3.54%. The EBIT and EBITDA margins are stable, reflecting sound operational performance. Overall, the income statement reflects robust growth and profitability.

Balance Sheet

The company's debt-to-equity ratio is relatively high at 1.80, indicating significant leverage, which could pose risks if not managed properly. However, the return on equity is strong at 39.62%, showcasing effective use of equity to generate profits. The equity ratio is moderate, suggesting a balanced asset structure. While profitability is strong, the high leverage warrants caution.

Cash Flow

Free cash flow has decreased by 18.87% in the TTM, which is a concern. The operating cash flow to net income ratio is low at 0.038, indicating potential challenges in converting income into cash. However, the free cash flow to net income ratio remains healthy at 0.86, suggesting that the company is still generating sufficient cash relative to its net income. Overall, cash flow management needs improvement.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	6.63B	5.86B	4.23B	3.42B	2.84B	2.57B
Gross Profit	1.97B	1.18B	960.68M	623.61M	481.83M	443.31M
EBITDA	440.70M	399.19M	257.73M	257.56M	227.96M	205.99M
Net Income	234.49M	198.68M	125.36M	89.89M	83.30M	57.80M
Balance Sheet
Total Assets	7.86B	7.41B	6.34B	5.39B	5.21B	4.92B
Cash, Cash Equivalents and Short-Term Investments	1.08B	1.16B	917.09M	762.46M	677.10M	705.33M
Total Debt	1.03B	994.28M	862.57M	897.79M	876.65M	1.02B
Total Liabilities	7.24B	6.77B	5.76B	4.86B	4.68B	4.47B
Stockholders Equity	573.28M	595.79M	526.84M	491.57M	493.25M	412.84M
Cash Flow
Free Cash Flow	200.68M	274.73M	335.16M	251.38M	165.90M	-45.76M
Operating Cash Flow	234.39M	284.94M	369.70M	275.78M	196.50M	-20.59M
Investing Cash Flow	-55.58M	-51.56M	-58.97M	-25.22M	-31.02M	-14.78M
Financing Cash Flow	-104.88M	4.90M	-155.83M	-165.20M	-193.71M	13.30M

MaireTecnimont SpA Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 12.01
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IT:MAIRE, the sentiment is Positive. The current price of 12.01 is below the 20-day moving average (MA) of 12.29, below the 50-day MA of 12.15, and above the 200-day MA of 9.75, indicating a neutral trend. The MACD of -0.04 indicates Positive momentum. The RSI at 45.51 is Neutral, neither overbought nor oversold. The STOCH value of 26.12 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IT:MAIRE.

MaireTecnimont SpA Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MAIRE	76 Outperform	€3.93B	16.74	43.58%	2.96%	35.88%	42.56%
Sector *	56 Neutral	$13.44B	18.26	10.03%	0.94%	7.13%	-12.93%
0APM	―	€2.51B	7.94	10.20%	―	―	―
0MHC	―	€3.04B	21.70	6.61%	―	―	―
0QWN	―	€6.19B	47.12	14.30%	―	―	―
0EWD	―	€4.42B	20.64	10.96%	―	―	―
0BJP	―	€3.62B	14.46	15.86%	―	―	―

MaireTecnimont SpA Corporate Events

MAIRE S.p.A. Releases Interim Financial Report for June 2025

MAIRE S.p.A. has made its Interim Financial Report as of June 30, 2025, publicly available following its approval by the Board of Directors. This report, along with the Independent Auditors’ Report, can be accessed at various locations including the company’s website. This announcement highlights MAIRE’s commitment to transparency and provides stakeholders with crucial financial insights, potentially impacting investor confidence and market positioning.

The most recent analyst rating on (IT:MAIRE) stock is a Hold with a EUR11.00 price target. To see the full list of analyst forecasts on MaireTecnimont SpA stock, see the IT:MAIRE Stock Forecast page.

NEXTCHEM Secures U.S. Contract for Low-Carbon Hydrogen Technology

NEXTCHEM, a subsidiary of MaireTecnimont, has secured a contract for its NX eBlue™ technology to produce low-carbon hydrogen in the U.S. This marks the first commercial use of their electrified steam methane reforming technology, highlighting NEXTCHEM’s leadership in sustainable hydrogen production and strengthening its market presence in the United States.

The most recent analyst rating on (IT:MAIRE) stock is a Hold with a EUR11.00 price target. To see the full list of analyst forecasts on MaireTecnimont SpA stock, see the IT:MAIRE Stock Forecast page.

MaireTecnimont SpA Reports Strong H1 2025 Growth, Raises Year-End Guidance

MaireTecnimont SpA reported significant growth in the first half of 2025, with revenues increasing by 31.3% to €3.4 billion and EBITDA rising by 36.2% to €232.1 million. The company has revised its 2025 guidance upwards due to strong order intake and a robust order backlog, reflecting its enhanced global competitiveness and commitment to innovation and sustainability.

The most recent analyst rating on (IT:MAIRE) stock is a Hold with a EUR11.00 price target. To see the full list of analyst forecasts on MaireTecnimont SpA stock, see the IT:MAIRE Stock Forecast page.

NEXTCHEM Secures €210 Million Contract for World’s Largest Low-Carbon Methanol Plant

NEXTCHEM, a subsidiary of MaireTecnimont, has secured a €210 million contract for the Pacifico Mexinol low-carbon methanol project in Mexico, which will be the largest of its kind globally. Utilizing its NX AdWinMethanol® Zero technology, NEXTCHEM aims to significantly reduce carbon emissions, contributing to the decarbonization of various sectors and marking a pivotal development in the global energy transition.

The most recent analyst rating on (IT:MAIRE) stock is a Hold with a EUR11.00 price target. To see the full list of analyst forecasts on MaireTecnimont SpA stock, see the IT:MAIRE Stock Forecast page.

MaireTecnimont’s NEXTCHEM and newcleo Form Joint Venture for Advanced Nuclear Technology

MaireTecnimont’s subsidiary, NEXTCHEM, and newcleo SA have formed a joint venture, Nextcleo S.p.A., to advance the development of next-generation nuclear plants using newcleo’s advanced modular reactor technology. This partnership aims to integrate nuclear energy into the grid and chemical districts, supporting decarbonization efforts. The agreement positions TECNIMONT as a preferred supplier and leverages both companies’ expertise to create innovative solutions in nuclear technology. The collaboration is expected to have significant implications for the nuclear energy sector, with plans for a prototype in Italy by 2026 and a commercial reactor in France by 2031.

The most recent analyst rating on (IT:MAIRE) stock is a Hold with a EUR11.00 price target. To see the full list of analyst forecasts on MaireTecnimont SpA stock, see the IT:MAIRE Stock Forecast page.

MAIRE S.p.A. Completes Successful Share Placement

MAIRE S.p.A. has successfully completed the placement of 4,981,118 ordinary shares, representing approximately 1.5% of its total shares, at a price of Euro 10.25 per share, raising approximately Euro 51.1 million. This transaction, part of the company’s Long-Term Incentive Plans, was executed through an accelerated bookbuilding procedure targeting Italian qualified and foreign institutional investors, and is expected to impact the company’s financial flexibility and shareholder value.

The most recent analyst rating on (IT:MAIRE) stock is a Hold with a EUR11.00 price target. To see the full list of analyst forecasts on MaireTecnimont SpA stock, see the IT:MAIRE Stock Forecast page.

MaireTecnimont Launches Share Placement for Incentive Plan Beneficiaries

MaireTecnimont S.p.A. has initiated the placement of up to 4,981,118 ordinary shares as part of its Long-Term Incentive Plans 2022-2024 and 2023-2025. This placement, aimed at qualified institutional investors, is conducted through an accelerated bookbuilding process, with proceeds primarily used to cover tax burdens for beneficiaries.

The most recent analyst rating on (IT:MAIRE) stock is a Hold with a EUR11.00 price target. To see the full list of analyst forecasts on MaireTecnimont SpA stock, see the IT:MAIRE Stock Forecast page.

MAIRE S.p.A. Announces Adjustment in Voting Rights

MAIRE S.p.A. announced a change in the total amount of voting rights following a recent communication, resulting in a slight reduction. The company’s share capital remains unchanged, with 328,640,432 ordinary shares. This adjustment reflects the cessation of increased voting rights for 32,566 ordinary shares, impacting the total voting rights but not the number of shares. The announcement underscores MAIRE’s commitment to transparency and regulatory compliance, maintaining its strong position in the market.

The most recent analyst rating on (IT:MAIRE) stock is a Hold with a EUR11.00 price target. To see the full list of analyst forecasts on MaireTecnimont SpA stock, see the IT:MAIRE Stock Forecast page.