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Fincantieri S.p.A. (FNCNF)

New York Stock Exchange Industrials Aerospace & DefenseView data quality →
46.7Fair

ValueMarkers Composite Index

Top 20%#35,818 of 44,714

DCF data not available

Piotroski
7/9
Strong
Beneish
-0.62
High Risk
Altman
1.28
Distress
DCF Value
-
N/A
ROIC
-28.5%
Low
P/E
30.3
Growth
Updated: ·Source: Data sourced from SEC filings and institutional providers. Not financial advice.·Report data issue

Fincantieri S.p.A. (FNCNF) — VMCI valuation read

Headline read on FNCNF: VMCI of 47/100 versus a Industrials sector median of 50. The 3-point below-median position is what makes Fincantieri S.p.A. a relative-value laggard in the mid-cap cohort, before any pillar-level review.

Form 4 filings on FNCNF: zero in the trailing 30 days. The absence of insider transactions is itself a data point, just a low-information one. The thesis runs on financials and price action until that changes.

**Investor frame.** Three reads on FNCNF: value (FNCNF trades at 21.0x earnings, 17% above the Industrials median of 18.0x), quality (ROIC of 19.0% sits 9.0pp above the Industrials median (10.0%)), and risk (net debt to EBITDA of -0.5x leaves covenant headroom). The value read also implies an EV/EBITDA gap of +4.0x against the Industrials 12.0x baseline.

FNCNF fell 1.4% over the trailing 7 days, with a +1.6% read on a 30-day basis.

Fincantieri 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.

CEO: Pierroberto Folgiero22,270 employeesITwww.fincantieri.com

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