(MAIRE) Maire Tecnimont S.p.A. - Overview
Exchange: MI •
Country: Italy •
Currency: EUR •
Type: Common Stock •
ISIN: IT0004931058
Stock: services, technologies, licensing equipment, procurement, catalysts
Total Rating 53
Risk 66
Buy Signal -1.01
| Risk 5d forecast | |
|---|---|
| Volatility | 35.7% |
| Relative Tail Risk | -12.0% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.59 |
| Alpha | 56.50 |
| Character TTM | |
|---|---|
| Beta | 0.707 |
| Beta Downside | -0.002 |
| Drawdowns 3y | |
|---|---|
| Max DD | 28.39% |
| CAGR/Max DD | 2.09 |
EPS (Earnings per Share)
Revenue
Description: MAIRE Maire Tecnimont S.p.A. February 27, 2026
Maire S.p.A. (ticker MAIRE) delivers green-chemistry and energy-transition solutions through two divisions: Integrated E&C Solutions, which handles low-carbon engineering, procurement, construction and asset revamps, and Sustainable Technology Solutions, which offers licensed technologies, proprietary catalysts, digital tools and specialty products for nitrogen, hydrogen, circular carbon, fuels, chemicals and polymers. The company, headquartered in Milan and now a subsidiary of GLV Capital, rebranded from Maire Tecnimont in April 2024.
Recent figures show a 12 % year-over-year increase in order backlog to €1.8 bn, driven by EU-funded hydrogen infrastructure projects, while EBITDA margin improved to 9.3 % in Q4 2025, reflecting higher utilization of its engineering hubs. Additionally, the Sustainable Technology segment secured three new licensing deals in the circular-carbon market, positioning Maire to benefit from the EU’s Green Deal targets for carbon-neutral industrial processes.
For a deeper dive into Maire’s valuation and growth outlook, consider exploring the analysis on ValueRay.
Headlines to watch out for
- Green chemistry project awards boost revenue
- Energy transition technology demand drives growth
- Raw material costs impact project profitability
- Regulatory changes affect sustainable technology adoption
- Global infrastructure spending influences E&C segment
Piotroski VR‑10 (Strict, 0-10) 4.0
| Net Income: 234.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.02 > 0.02 and ΔFCF/TA -2.84 > 1.0 |
| NWC/Revenue: 11.27% < 20% (prev 11.01%; Δ 0.26% < -1%) |
| CFO/TA 0.03 > 3% & CFO 234.4m > Net Income 234.5m |
| Net Debt (-169.9m) to EBITDA (442.2m): -0.38 < 3 |
| Current Ratio: 1.12 > 1.5 & < 3 |
| Outstanding Shares: last quarter (323.9m) vs 12m ago -0.97% < -2% |
| Gross Margin: 58.69% > 18% (prev 0.62%; Δ 5.81k% > 0.5%) |
| Asset Turnover: 91.90% > 50% (prev 64.43%; Δ 27.47% > 0%) |
| Interest Coverage Ratio: 4.40 > 6 (EBITDA TTM 442.2m / Interest Expense TTM 86.0m) |
Altman Z'' 1.23
| A: 0.10 (Total Current Assets 6.92b - Total Current Liabilities 6.17b) / Total Assets 7.86b |
| B: 0.06 (Retained Earnings 445.7m / Total Assets 7.86b) |
| C: 0.05 (EBIT TTM 378.6m / Avg Total Assets 7.21b) |
| D: 0.06 (Book Value of Equity 445.7m / Total Liabilities 7.24b) |
| Altman-Z'' Score: 1.23 = BB |
Beneish M -2.61
| DSRI: 1.07 (Receivables 1.69b/1.01b, Revenue 6.63b/4.23b) |
| GMI: 1.06 (GM 58.69% / 62.14%) |
| AQI: 0.84 (AQ_t 0.10 / AQ_t-1 0.12) |
| SGI: 1.57 (Revenue 6.63b / 4.23b) |
| TATA: 0.00 (NI 234.5m - CFO 234.4m) / TA 7.86b) |
| Beneish M-Score: -2.61 (Cap -4..+1) = A |
What is the price of MAIRE shares?
As of March 15, 2026, the stock is trading at EUR 13.81 with a total of 442,612 shares traded.
Over the past week, the price has changed by -6.40%, over one month by -16.65%, over three months by +0.39% and over the past year by +57.72%.
Over the past week, the price has changed by -6.40%, over one month by -16.65%, over three months by +0.39% and over the past year by +57.72%.
Is MAIRE a buy, sell or hold?
Maire Tecnimont S.p.A. has no consensus analysts rating.
What are the forecasts/targets for the MAIRE price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 16.2 | 16.9% |
| Analysts Target Price | - | - |
MAIRE Fundamental Data Overview March 11, 2026
Market Cap USD = 5.05b (4.37b EUR * 1.1554 EUR.USD)
P/E Trailing = 16.7625
P/E Forward = 8.8339
P/S = 0.6321
P/B = 7.29
P/EG = 6.3335
Revenue TTM = 6.63b EUR
EBIT TTM = 378.6m EUR
EBITDA TTM = 442.2m EUR
Long Term Debt = 626.7m EUR (from longTermDebt, last quarter)
Short Term Debt = 283.2m EUR (from shortLongTermDebt, last quarter)
Debt = 910.0m EUR (Calculated: Short Term 283.2m + Long Term 626.7m)
Net Debt = -169.9m EUR (calculated as Total Debt 910.0m - CCE 1.08b)
Enterprise Value = 4.20b EUR (4.37b + Debt 910.0m - CCE 1.08b)
Interest Coverage Ratio = 4.40 (Ebit TTM 378.6m / Interest Expense TTM 86.0m)
EV/FCF = 23.63x (Enterprise Value 4.20b / FCF TTM 177.6m)
FCF Yield = 4.23% (FCF TTM 177.6m / Enterprise Value 4.20b)
FCF Margin = 2.68% (FCF TTM 177.6m / Revenue TTM 6.63b)
Net Margin = 3.54% (Net Income TTM 234.5m / Revenue TTM 6.63b)
Gross Margin = 58.69% ((Revenue TTM 6.63b - Cost of Revenue TTM 2.74b) / Revenue TTM)
Gross Margin QoQ = 57.43% (prev 57.93%)
Tobins Q-Ratio = 0.53 (Enterprise Value 4.20b / Total Assets 7.86b)
Interest Expense / Debt = 0.04% (Interest Expense 382k / Debt 910.0m)
Taxrate = 32.08% (32.5m / 101.4m)
NOPAT = 257.2m (EBIT 378.6m * (1 - 32.08%))
Current Ratio = 1.12 (Total Current Assets 6.92b / Total Current Liabilities 6.17b)
Debt / Equity = 1.59 (Debt 910.0m / totalStockholderEquity, last quarter 573.3m)
Debt / EBITDA = -0.38 (Net Debt -169.9m / EBITDA 442.2m)
Debt / FCF = -0.96 (Net Debt -169.9m / FCF TTM 177.6m)
Total Stockholder Equity = 591.8m (last 4 quarters mean from totalStockholderEquity)
RoA = 3.25% (Net Income 234.5m / Total Assets 7.86b)
RoE = 39.62% (Net Income TTM 234.5m / Total Stockholder Equity 591.8m)
RoCE = 31.07% (EBIT 378.6m / Capital Employed (Equity 591.8m + L.T.Debt 626.7m))
RoIC = 20.07% (NOPAT 257.2m / Invested Capital 1.28b)
WACC = 7.06% (E(4.37b)/V(5.28b) * Re(8.52%) + D(910.0m)/V(5.28b) * Rd(0.04%) * (1-Tc(0.32)))
Discount Rate = 8.52% (= CAPM, Blume Beta Adj.)
[DCF] Terminal Value 74.75% ; FCFF base≈240.6m ; Y1≈158.0m ; Y5≈72.1m
[DCF] Fair Price = 5.74 (EV 1.70b - Net Debt -169.9m = Equity 1.87b / Shares 325.7m; r=7.06% [WACC]; 5y FCF grow -40.0% → 2.90% )
EPS Correlation: 96.10 | EPS CAGR: 33.08% | SUE: 0.32 | # QB: 0
Revenue Correlation: 81.50 | Revenue CAGR: 24.22% | SUE: -0.05 | # QB: 0
EPS next Year (2026-12-31): EPS=0.93 | Chg7d=+0.010 | Chg30d=+0.000 | Revisions Net=-1 | Growth EPS=+13.7% | Growth Revenue=+7.7%
P/E Trailing = 16.7625
P/E Forward = 8.8339
P/S = 0.6321
P/B = 7.29
P/EG = 6.3335
Revenue TTM = 6.63b EUR
EBIT TTM = 378.6m EUR
EBITDA TTM = 442.2m EUR
Long Term Debt = 626.7m EUR (from longTermDebt, last quarter)
Short Term Debt = 283.2m EUR (from shortLongTermDebt, last quarter)
Debt = 910.0m EUR (Calculated: Short Term 283.2m + Long Term 626.7m)
Net Debt = -169.9m EUR (calculated as Total Debt 910.0m - CCE 1.08b)
Enterprise Value = 4.20b EUR (4.37b + Debt 910.0m - CCE 1.08b)
Interest Coverage Ratio = 4.40 (Ebit TTM 378.6m / Interest Expense TTM 86.0m)
EV/FCF = 23.63x (Enterprise Value 4.20b / FCF TTM 177.6m)
FCF Yield = 4.23% (FCF TTM 177.6m / Enterprise Value 4.20b)
FCF Margin = 2.68% (FCF TTM 177.6m / Revenue TTM 6.63b)
Net Margin = 3.54% (Net Income TTM 234.5m / Revenue TTM 6.63b)
Gross Margin = 58.69% ((Revenue TTM 6.63b - Cost of Revenue TTM 2.74b) / Revenue TTM)
Gross Margin QoQ = 57.43% (prev 57.93%)
Tobins Q-Ratio = 0.53 (Enterprise Value 4.20b / Total Assets 7.86b)
Interest Expense / Debt = 0.04% (Interest Expense 382k / Debt 910.0m)
Taxrate = 32.08% (32.5m / 101.4m)
NOPAT = 257.2m (EBIT 378.6m * (1 - 32.08%))
Current Ratio = 1.12 (Total Current Assets 6.92b / Total Current Liabilities 6.17b)
Debt / Equity = 1.59 (Debt 910.0m / totalStockholderEquity, last quarter 573.3m)
Debt / EBITDA = -0.38 (Net Debt -169.9m / EBITDA 442.2m)
Debt / FCF = -0.96 (Net Debt -169.9m / FCF TTM 177.6m)
Total Stockholder Equity = 591.8m (last 4 quarters mean from totalStockholderEquity)
RoA = 3.25% (Net Income 234.5m / Total Assets 7.86b)
RoE = 39.62% (Net Income TTM 234.5m / Total Stockholder Equity 591.8m)
RoCE = 31.07% (EBIT 378.6m / Capital Employed (Equity 591.8m + L.T.Debt 626.7m))
RoIC = 20.07% (NOPAT 257.2m / Invested Capital 1.28b)
WACC = 7.06% (E(4.37b)/V(5.28b) * Re(8.52%) + D(910.0m)/V(5.28b) * Rd(0.04%) * (1-Tc(0.32)))
Discount Rate = 8.52% (= CAPM, Blume Beta Adj.)
[DCF] Terminal Value 74.75% ; FCFF base≈240.6m ; Y1≈158.0m ; Y5≈72.1m
[DCF] Fair Price = 5.74 (EV 1.70b - Net Debt -169.9m = Equity 1.87b / Shares 325.7m; r=7.06% [WACC]; 5y FCF grow -40.0% → 2.90% )
EPS Correlation: 96.10 | EPS CAGR: 33.08% | SUE: 0.32 | # QB: 0
Revenue Correlation: 81.50 | Revenue CAGR: 24.22% | SUE: -0.05 | # QB: 0
EPS next Year (2026-12-31): EPS=0.93 | Chg7d=+0.010 | Chg30d=+0.000 | Revisions Net=-1 | Growth EPS=+13.7% | Growth Revenue=+7.7%