Siemens
Market Cap
€95.8b
Last Updated
2021/01/19 18:55 UTC
Data Sources
Company Financials +
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
Rewards
Risk Analysis
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
| SIE | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.3% | -2.1% | -0.09% |
| 30 Day | 2.9% | 2.9% | 2.3% |
| 90 Day | 11.5% | 12.3% | 11.4% |
| 1 Year | 18.8%3.4% | 17.0%2.6% | 5.8%2.5% |
| 3 Year | 19.3%-3.1% | 16.5%-4.5% | 3.3%-5.8% |
| 5 Year | 76.6%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
1 week ago | Simply Wall St
We Think Siemens (ETR:SIE) Can Stay On Top Of Its Debt3 weeks ago | Simply Wall St
Shareholders Of Siemens (ETR:SIE) Must Be Happy With Their 80% Return2 months ago | Simply Wall St
We're Watching These Trends At Siemens (ETR:SIE)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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, COO | 0.25yr | €5.18m | 0.0030% € 2.9m | |
| Chairman of Managing Board & President | 7.42yrs | €8.65m | 0.0080% € 7.6m | |
| CFO & Member of the Managing Board | 7.33yrs | €4.67m | 0.0039% € 3.7m | |
| Member of Managing Board | 9.75yrs | €4.31m | 0.0032% € 3.1m | |
| CEO of Digital Industries & Member of Managing Board | 3.75yrs | €4.31m | no data | |
| Member of the Managing Board & CEO of Smart Infrastructure | 0.25yr | no data | no data | |
| Chief Human Resources Officer | 0.25yr | no data | no data | |
| Head of Investor Relations | 5.08yrs | no data | no data | |
| General Counsel | 7.08yrs | no data | no data | |
| Chief Compliance Officer | 2.08yrs | no data | no data | |
| Head of Global Media Relations & Executive Communications | 0.58yr | no data | no data | |
| Chief Marketing Officer | 2.83yrs | no data | no 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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Member of Supervisory Board | 3yrs | €336.00k | no data | |
| Member of Supervisory Board | 13yrs | €222.50k | no data | |
| Independent Second Deputy Chairman of the Supervisory Board | 7.25yrs | €411.00k | no data | |
| Independent Member of Supervisory Board | 6yrs | €194.05k | no data | |
| Member of Supervisory Board | 9yrs | €401.50k | no data | |
| Independent Chairman of Supervisory Board | 3yrs | €632.00k | no data | |
| Member of Supervisory Board | 13yrs | €241.17k | no data | |
| Member of Supervisory Board | 13.75yrs | €256.00k | no data | |
| Member of Supervisory Board | 13yrs | €247.00k | no data | |
| First Deputy Chairwoman of Supervisory Board | 6yrs | €481.50k | no data | |
| Independent Member of Supervisory Board | 6yrs | €201.00k | no data | |
| Member of Supervisory Board | 6.83yrs | €158.00k | no 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SMAW.F | OTCPK (Pink Sheets LLC) | Yes | Common Stock | US | USD | Jan 1975 |
| 0P6M | LSE (London Stock Exchange) | Yes | Common Stock | GB | EUR | Jan 1975 |
| SIE | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jan 1975 |
| SIE | WBAG (Wiener Boerse AG) | Yes | Common Stock | AT | EUR | Jan 1975 |
| SIN | SWX (SIX Swiss Exchange) | Yes | Common Stock | CH | CHF | Jan 1975 |
| SIA | ENXTBR (Euronext Brussels) | Yes | Common Stock | BE | EUR | Jan 1975 |
| SIE | BIT (Borsa Italiana) | Yes | Common Stock | IT | EUR | Jan 1975 |
| SIE | XTRA (XETRA Trading Platform) | Yes | Common Stock | DE | EUR | Jan 1975 |
| SIEMENS | BUSE (Budapest Stock Exchange) | Yes | Common Stock | HU | HUF | Jan 1975 |
| SIED | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Common Stock | GB | EUR | Jan 1975 |
| SIE N | BMV (Bolsa Mexicana de Valores) | Yes | Common Stock | MX | MXN | Jan 1975 |
| SIEG.Y | OTCPK (Pink Sheets LLC) | SPONSORED ADR | US | USD | Mar 2001 | |
| SIEB | DB (Deutsche Boerse AG) | SPONSORED ADR | DE | EUR | Mar 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/19 18:55 |
| End of Day Share Price | 2021/01/19 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2020/09/30 |
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.