ENXTBR:SIA

Stock Analysis Report

Executive Summary

Siemens Aktiengesellschaft operates in the fields of electrification, automation, and digitalization worldwide.

Snowflake

Fundamentals

Established dividend payer with adequate balance sheet.

Risks

  • Siemens has significant price volatility in the past 3 months.

Similar Companies

Share Price & News

How has Siemens's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-3.7%

ENXTBR:SIA

0%

BE Industrials

-1.1%

BE Market


1 Year Return

-22.0%

ENXTBR:SIA

0%

BE Industrials

-5.2%

BE Market

SIA underperformed the Industrials industry which returned -16.6% over the past year.

SIA underperformed the Market in Belgium which returned -5.2% over the past year.


Share holder returns

SIAIndustryMarket
7 Day-3.7%0%-1.1%
30 Day-14.4%0%1.4%
90 Day-20.4%0%4.8%
1 Year-18.9%-22.0%0%0%-3.1%-5.2%
3 Yearn/a0%0%-4.5%-11.3%
5 Yearn/a0%0%22.4%7.6%

Price Volatility Vs. Market

How volatile is Siemens's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Siemens undervalued based on future cash flows and its price relative to the stock market?

36%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Siemens's share price is below the future cash flow value, and at a moderate discount (> 20%).

Siemens's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

Siemens is good value based on earnings compared to the Europe Industrials industry average.

Siemens is overvalued based on earnings compared to the Belgium market.


Price Based on Expected Growth

Siemens is poor value based on expected growth next year.


Price Based on Value of Assets

Siemens is overvalued based on assets compared to the Europe Industrials industry average.


Next Steps

Future Growth

How is Siemens expected to perform in the next 1 to 3 years based on estimates from 21 analysts?

12.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Siemens's revenue is expected to grow by 3.6% yearly, however this is not considered high growth (20% yearly).

Siemens's earnings are expected to grow by 12.5% yearly, however this is not considered high growth (20% yearly).

Siemens's revenue growth is positive but not above the Belgium market average.

Siemens's earnings growth is expected to exceed the Belgium market average.

Siemens's earnings growth is expected to exceed the low risk savings rate of 0.8%.


Earnings per Share Growth Estimates


Future Return on Equity

Siemens is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Siemens performed over the past 5 years?

0.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Siemens's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.

Siemens's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Siemens's 1-year earnings growth is negative, it can't be compared to the Europe Industrials industry average.


Return on Equity

Siemens has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Siemens used its assets less efficiently than the Europe Industrials industry average last year based on Return on Assets.


Return on Capital Employed

Siemens's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

  • Explore strong past performing companies in the capital goods industry.

Financial Health

How is Siemens's financial position?


Financial Position Analysis

Siemens is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Siemens's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Siemens's level of debt (75.4%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (77.9% vs 75.4% today).

Debt is not well covered by operating cash flow (18.5%, less than 20% of total debt).

Siemens earns more interest than it pays, coverage of interest payments is not a concern.


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 1.9x debt.


Next Steps

Dividend

What is Siemens's current dividend yield, its reliability and sustainability?

4.61%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Siemens's pays a higher dividend yield than the bottom 25% of dividend payers in Belgium (2.26%).

Siemens's dividend is below the markets top 25% of dividend payers in Belgium (4.76%).

Dividends per share have been stable in the past 10 years.

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are covered by earnings (1.4x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be well covered by earnings (2.3x coverage).


Next Steps

Management

What is the CEO of Siemens's salary, the management and board of directors tenure and is there insider trading?

4.8yrs

Average management tenure


CEO

Joe Kaeser (62yo)

6.0yrs

Tenure

€7,821,000

Compensation

Mr. Josef Kaeser, also known as Joe, serves as the Chief Executive Officer and President at Siemens A.E. Mr. Kaeser has been the Chief Executive Officer and President for Siemens Aktiengesellschaft (Altern ...


CEO Compensation Analysis

Joe's remuneration is higher than average for companies of similar size in Belgium.

Joe's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

4.8yrs

Average Tenure

56yo

Average Age

The tenure for the Siemens management team is about average.


Board Age and Tenure

7.1yrs

Average Tenure

59.5yo

Average Age

The tenure for the Siemens board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Janina Kugel (49yo)

    Chief Human Resources & Member of Managing Board

    • Tenure: 4.5yrs
    • Compensation: 3.87m
  • Ralf Peter Thomas (58yo)

    CFO & Member of the Managing Board

    • Tenure: 5.9yrs
    • Compensation: 3.92m
  • Klaus Helmrich (61yo)

    CEO of Digital Industries & Member of Managing Board

    • Tenure: 8.3yrs
    • Compensation: 3.89m
  • Sabine Reichel

    Head of Investor Relations

    • Tenure: 3.7yrs
  • Roland Busch (55yo)

    COO, CTO & Member of Managing Board

    • Tenure: 8.3yrs
    • Compensation: 3.90m
  • Michael Sen (51yo)

    Member of Management Board

    • Tenure: 2.3yrs
    • Compensation: 4.32m
  • Lisa Davis (56yo)

    CEO of Gas & Power Division and Member of Managing Board

    • Tenure: 5.0yrs
    • Compensation: 4.23m
  • Helmuth Ludwig (56yo)

    Chief Information Officer

    • Tenure: 2.8yrs
  • Joe Kaeser (62yo)

    Chairman of Managing Board

    • Tenure: 6.0yrs
    • Compensation: 7.82m
  • Cedrik Neike (46yo)

    CEO of Smart Infrastructure & Member of Managing Board

    • Tenure: 2.3yrs
    • Compensation: 3.83m

Board Members

  • Birgit Steinborn (59yo)

    First Deputy Chairwoman of Supervisory Board

    • Tenure: 4.6yrs
    • Compensation: 477.00k
  • Harald Kern (59yo)

    Member of Supervisory Board

    • Tenure: 11.6yrs
    • Compensation: 244.00k
  • Werner Brandt (65yo)

    Member of Supervisory Board

    • Tenure: 1.6yrs
    • Compensation: 240.00k
  • Jim Snabe (54yo)

    Chairman of Supervisory Board

    • Tenure: 1.6yrs
    • Compensation: 536.00k
  • Werner Wenning (73yo)

    Second Deputy Chairman of the Supervisory Board

    • Tenure: 5.8yrs
    • Compensation: 403.50k
  • Robert Kensbock (48yo)

    Member of Supervisory Board

    • Tenure: 6.6yrs
    • Compensation: 351.50k
  • Mike Diekmann (65yo)

    Member of Supervisory Board

    • Tenure: 11.6yrs
    • Compensation: 216.50k
  • Jürgen Kerner (50yo)

    Member of Supervisory Board

    • Tenure: 7.6yrs
    • Compensation: 394.00k
  • Bettina Haller (60yo)

    Member of Supervisory Board

    • Tenure: 12.3yrs
    • Compensation: 244.00k
  • Nicola Leibinger-Kammüller (60yo)

    Member of Supervisory Board

    • Tenure: 11.6yrs
    • Compensation: 248.50k

Company Information

Siemens Aktiengesellschaft's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Siemens Aktiengesellschaft
  • Ticker: SIA
  • Exchange: ENXTBR
  • Founded: 1847
  • Industry: industrial conglomerates
  • Sector: capital goods
  • Market Cap: €68.138b
  • Shares outstanding: 792.39m
  • Website: Click here

Number of Employees


Location

  • Siemens Aktiengesellschaft
  • Werner-von-Siemens-Strasse 1
  • Munich
  • Bavaria
  • 80333
  • Germany

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
0P6MLSE (London Stock Exchange)YesCommon StockGBEURJan 1975
SIEDB (Deutsche Boerse AG)YesCommon StockDEEURJan 1975
SINSWX (SIX Swiss Exchange)YesCommon StockCHCHFJan 1975
SIEBIT (Borsa Italiana)YesCommon StockITEURJan 1975
SIEMENSBUSE (Budapest Stock Exchange)YesCommon StockHUHUFJan 1975
SIEXTRA (XETRA Trading Platform)YesCommon StockDEEURJan 1975
SIEWBAG (Wiener Boerse AG)YesCommon StockATEURJan 1975
SIE NBMV (Bolsa Mexicana de Valores)YesCommon StockMXMXNJan 1975
SIEDBATS-CHIXE (BATS 'Chi-X Europe')YesCommon StockGBEURJan 1975
SMAW.FOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJan 1975
SIAENXTBR (Euronext Brussels)YesCommon StockBEEURJan 1975
SIEBDB (Deutsche Boerse AG)SPONSORED ADRDEEURMar 2001
SIEG.YOTCPK (Pink Sheets LLC)SPONSORED ADRUSUSDMar 2001

Biography

Siemens Aktiengesellschaft operates in the fields of electrification, automation, and digitalization worldwide. Its Power and Gas segment offers gas and steam turbines, generators, compressor trains, integ ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/17 20:46
End of Day Share Price2019/08/16 00:00
Earnings2019/06/30
Annual Earnings2018/09/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.