XTRA:SIE

Stock Analysis Report

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Executive Summary

Siemens Aktiengesellschaft, a technology company, focuses in the areas of automation and digitalization in Europe, Commonwealth of Independent States, Africa, the Middle East, the Americas, Asia, and Australia. More Details


Snowflake Analysis

Established dividend payer and good value.


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

Stable Share Price: SIE is not significantly more volatile than the rest of German stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: SIE's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

-2.3%

SIE

-2.1%

DE Industrials

-0.09%

DE Market


1 Year Return

3.4%

SIE

2.6%

DE Industrials

2.5%

DE Market

Return vs Industry: SIE exceeded the German Industrials industry which returned 1.7% over the past year.

Return vs Market: SIE exceeded the German Market which returned 2.3% over the past year.


Shareholder returns

SIEIndustryMarket
7 Day-2.3%-2.1%-0.09%
30 Day2.9%2.9%2.3%
90 Day11.5%12.3%11.4%
1 Year18.8%3.4%17.0%2.6%5.8%2.5%
3 Year19.3%-3.1%16.5%-4.5%3.3%-5.8%
5 Year76.6%33.8%75.6%34.3%40.8%20.9%

Long-Term 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

Valuation

Is Siemens undervalued compared to its fair value and its price relative to the market?

43.6%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: SIE (€121.22) is trading below our estimate of fair value (€214.96)

Significantly Below Fair Value: SIE is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: SIE is good value based on its PE Ratio (23.7x) compared to the XE Industrials industry average (25.3x).

PE vs Market: SIE is good value based on its PE Ratio (23.7x) compared to the German market (24.5x).


Price to Earnings Growth Ratio

PEG Ratio: SIE is poor value based on its PEG Ratio (2x)


Price to Book Ratio

PB vs Industry: SIE is overvalued based on its PB Ratio (2.7x) compared to the DE Industrials industry average (1.8x).


Next Steps

Future Growth

How is Siemens forecast to perform in the next 1 to 3 years based on estimates from 20 analysts?

12.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SIE's forecast earnings growth (12.2% per year) is above the savings rate (0.07%).

Earnings vs Market: SIE's earnings (12.2% per year) are forecast to grow slower than the German market (25.2% per year).

High Growth Earnings: SIE's earnings are forecast to grow, but not significantly.

Revenue vs Market: SIE's revenue (3.6% per year) is forecast to grow slower than the German market (5.9% per year).

High Growth Revenue: SIE's revenue (3.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SIE's Return on Equity is forecast to be low in 3 years time (14.3%).


Next Steps

Past Performance

How has Siemens performed over the past 5 years?

-4.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SIE has high quality earnings.

Growing Profit Margin: SIE's current net profit margins (7.2%) are lower than last year (8%).


Past Earnings Growth Analysis

Earnings Trend: SIE's earnings have declined by 4% per year over the past 5 years.

Accelerating Growth: SIE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: SIE had negative earnings growth (-12.2%) over the past year, making it difficult to compare to the Industrials industry average (-5.5%).


Return on Equity

High ROE: SIE's Return on Equity (10.8%) is considered low.


Next Steps

Financial Health

How is Siemens's financial position?


Financial Position Analysis

Short Term Liabilities: SIE's short term assets (€53.0B) exceed its short term liabilities (€34.1B).

Long Term Liabilities: SIE's short term assets (€53.0B) exceed its long term liabilities (€50.0B).


Debt to Equity History and Analysis

Debt Level: SIE's debt to equity ratio (104.8%) is considered high.

Reducing Debt: SIE's debt to equity ratio has increased from 84.2% to 104.8% over the past 5 years.

Debt Coverage: SIE's debt is well covered by operating cash flow (21.2%).

Interest Coverage: SIE earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

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

2.89%

Current Dividend Yield


Upcoming Dividend Payment


Dividend Yield vs Market

Notable Dividend: SIE's dividend (2.89%) is higher than the bottom 25% of dividend payers in the German market (1.02%).

High Dividend: SIE's dividend (2.89%) is low compared to the top 25% of dividend payers in the German market (3.46%).


Stability and Growth of Payments

Stable Dividend: SIE's dividends per share have been stable in the past 10 years.

Growing Dividend: SIE's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (68.5%), SIE's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: SIE's dividends in 3 years are forecast to be well covered by earnings (48.6% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.3yrs

Average management tenure


CEO

Roland Busch (56 yo)

0.25

Tenure

€5,175,000

Compensation

Dr. Roland Busch, Dipl.Phys., serves as Member of Supervisory Board at Siemens Healthineers AG since February 12, 2020. Dr. Busch has been Chief Executive Officer of Siemens Aktiengesellschaft since Octobe...


CEO Compensation Analysis

Compensation vs Market: Roland's total compensation ($USD6.27M) is about average for companies of similar size in the German market ($USD5.37M).

Compensation vs Earnings: Roland's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Roland Busch
CEO, COO0.25yr€5.18m0.0030%
€ 2.9m
Josef Kaeser
Chairman of Managing Board & President7.42yrs€8.65m0.0080%
€ 7.6m
Ralf Peter Thomas
CFO & Member of the Managing Board7.33yrs€4.67m0.0039%
€ 3.7m
Klaus Helmrich
Member of Managing Board9.75yrs€4.31m0.0032%
€ 3.1m
Cedrik Francis Neike
CEO of Digital Industries & Member of Managing Board3.75yrs€4.31mno data
Matthias Rebellius
Member of the Managing Board & CEO of Smart Infrastructure0.25yrno datano data
Judith Wiese
Chief Human Resources Officer0.25yrno datano data
Sabine Reichel
Head of Investor Relations5.08yrsno datano data
Andreas Hoffmann
General Counsel7.08yrsno datano data
Martina Maier
Chief Compliance Officer2.08yrsno datano data
Florian Martens
Head of Global Media Relations & Executive Communications0.58yrno datano data
Leslie Bodnar
Chief Marketing Officer2.83yrsno datano data

3.3yrs

Average Tenure

55.5yo

Average Age

Experienced Management: SIE's management team is considered experienced (3.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Werner Brandt
Independent Member of Supervisory Board3yrs€336.00kno data
Michael Diekmann
Member of Supervisory Board13yrs€222.50kno data
Werner Wenning
Independent Second Deputy Chairman of the Supervisory Board7.25yrs€411.00kno data
Norbert Reithofer
Independent Member of Supervisory Board6yrs€194.05kno data
Jürgen Kerner
Member of Supervisory Board9yrs€401.50kno data
Jim Snabe
Independent Chairman of Supervisory Board3yrs€632.00kno data
Nicola Leibinger-Kammüller
Member of Supervisory Board13yrs€241.17kno data
Bettina Haller
Member of Supervisory Board13.75yrs€256.00kno data
Harald Kern
Member of Supervisory Board13yrs€247.00kno data
Birgit Steinborn
First Deputy Chairwoman of Supervisory Board6yrs€481.50kno data
Nathalie von Siemens
Independent Member of Supervisory Board6yrs€201.00kno data
Michael Sigmund
Member of Supervisory Board6.83yrs€158.00kno data

7.0yrs

Average Tenure

61yo

Average Age

Experienced Board: SIE's board of directors are considered experienced (7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

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


Key Information

  • Name: Siemens Aktiengesellschaft
  • Ticker: SIE
  • Exchange: XTRA
  • Founded: 1847
  • Industry: Industrial Conglomerates
  • Sector: Capital Goods
  • Market Cap: €95.771b
  • Shares outstanding: 799.16m
  • Website: https://www.siemens.com

Number of Employees


Location

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

Listings

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

Biography

Siemens Aktiengesellschaft, a technology company, focuses in the areas of automation and digitalization in Europe, Commonwealth of Independent States, Africa, the Middle East, the Americas, Asia, and Austr...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/19 18:55
End of Day Share Price2021/01/19 00:00
Earnings2020/09/30
Annual Earnings2020/09/30


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.