MaireTecnimont SpA (MAIRE) AI Stock Analysis

• Market Cap: €4.25B
• Dividend Yield: 2.76%
• Average Volume (3M): 378.56K
• Price to Earnings (P/E): 16.7
• Beta (1Y): 1.09
• Revenue Growth: 30.91%
• EPS Growth: 40.89%
• Country: IT
• Employees: 9,966
• Sector: Services
• Sector Strength: N/A
• Industry: Engineering & Construction
• EPS (TTM): 0.20
• Shares Outstanding: 328,640,440
• 10 Day Avg. Volume: 435,367
• 30 Day Avg. Volume: 378,556
• 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: 8.61% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 73 Outperform
• Price Target: €15.50 ▲(20.25% Upside)

MaireTecnimont SpA's overall stock score is driven by strong financial performance and positive technical indicators. The company's robust revenue growth and profitability are offset by high leverage and cash flow concerns. Technical analysis shows bullish momentum, while valuation suggests the stock is fairly priced. The absence of earnings call and corporate events data means these factors do not influence the score.

Positive Factors

Negative Factors

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: 12.89
• 50DMA: Positive
• 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 12.89 is below the 20-day moving average (MA) of 13.06, above the 50-day MA of 12.70, and above the 200-day MA of 10.79, indicating a neutral trend. The MACD of 0.10 indicates Positive momentum. The RSI at 47.98 is Neutral, neither overbought nor oversold. The STOCH value of 31.37 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
DAN	79 Outperform	€2.93B	17.03	8.18%	0.69%	-1.69%	-7.64%
MAIRE	73 Outperform	€4.25B	16.69	42.37%	2.76%	30.91%	40.89%
WBD	73 Outperform	€3.40B	13.58	15.86%	2.50%	21.15%	17.26%
IP	72 Outperform	€4.70B	21.96	10.96%	0.75%	-4.26%	-9.37%
ERG	69 Neutral	€3.41B	24.37	6.61%	4.43%	-3.04%	-39.96%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
FCT	54 Neutral	€7.03B	54.23	14.30%	―	18.44%	―

MaireTecnimont SpA Corporate Events

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

MAIRE S.p.A. has made its Interim Financial Report as of 30 September 2025 available to the public, following its approval by the Board of Directors. This report’s release underscores the company’s commitment to transparency and may impact its market positioning by providing stakeholders with insights into its financial health and strategic direction.

The most recent analyst rating on (IT:MAIRE) stock is a Hold with a EUR13.50 price target. To see the full list of analyst forecasts on MaireTecnimont SpA stock, see the IT:MAIRE Stock Forecast page.

MaireTecnimont Achieves Strong Growth in 2025 with Strategic Expansions

MaireTecnimont S.p.A. reported significant growth in the first nine months of 2025, with revenues reaching €5.2 billion, a 26.7% increase, and EBITDA growing by 33.2% to €358.1 million. The company strengthened its order backlog to €13.9 billion and anticipates high-range revenue and margin growth for the year, driven by strong performance in its NEXTCHEM and Integrated E&C Solutions units, as well as strategic geographical expansions.

The most recent analyst rating on (IT:MAIRE) stock is a Hold with a EUR13.50 price target. To see the full list of analyst forecasts on MaireTecnimont SpA stock, see the IT:MAIRE Stock Forecast page.

MaireTecnimont’s NEXT-N Secures Major Contract for Nuclear Plant Design

MaireTecnimont SpA, through its subsidiary NEXT-N, has secured a 70 million euro contract from newcleo SA to develop the basic design of a new generation nuclear plant’s conventional island and balance of plant. This initiative marks the launch of NEXT-N, which aims to create new intellectual property and provide technical services for nuclear energy and low-carbon chemistry. The project is expected to accelerate the commercialization of newcleo’s advanced modular reactor technology and integrate it with hydrogen and ammonia technologies, promoting zero-emission chemical production. The collaboration is set to transform the Italian supply chain and foster new skills in Italy and Europe.

The most recent analyst rating on (IT:MAIRE) stock is a Hold with a EUR13.50 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. 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.