Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Somec S.p.A. is an Italian engineering company specializing in the design, engineering, and deployment of complex turnkey projects in civil and naval sectors. Founded in 1978 and headquartered in San Vendemiano, Italy, it has grown into a global group of over 30 companies operating in 12 countries across three continents, employing around 1,000 people and reporting revenues of EUR 382.8 million in 2024. The company operates through three synergistic segments: engineered systems for naval architecture and building façades, including glazing and curtain walls for cruise ships and skyscrapers; professional kitchen systems and products for hospitality, catering, and onboard cruise facilities; and bespoke interiors for luxury retail, high-end residential properties, superyachts, and hospitality venues. Somec S.p.A. partners with leading shipowners, cruise builders, real estate developers, fashion houses, and restaurant chains, leveraging its naval heritage, precise project management, and acquisition strategy to deliver high-profile projects worldwide, embodying Italian excellence in construction and innovation. Listed on Euronext Milan since 2020 after an IPO on AIM Italia in 2018, it continues to expand through strategic growth and operational efficiency.
Operating margin is thin at 5.18%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue declined 3.4% YoY. The question is whether this is cyclical or a structural shift.
Insufficient data to identify specific risks. Treat any missing metrics as a data gap, not a clean bill of health.
Profitability & Returns
Revenue (TTM)
€370M
▼ -3.4% YoY
Net Income (TTM)
€7M
▲ +1638.9% YoY
Op. Margin
5.18%
▲ +1.9pp YoY
ROIC
10.35%
▲ +4.9pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
€34M
▲ +34.3% YoY
Op. Cash Flow (TTM)
€37M
▲ +36.7% YoY
Net Debt
€34M
Cash & Equiv.
€48M
3Y CAGR: +4.1%
3Y CAGR: +45.1%
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