Siemens
Market Cap
€85.4b
Last Updated
2020/02/21 21:31 UTC
Data Sources
Company Financials +
Executive Summary
Siemens Aktiengesellschaft operates in the fields of electrification, automation, and digitalization worldwide.
Rewards
Risk Analysis
Snowflake Analysis
6 star dividend payer with proven track record.
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 has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-1.2%
SIE
-1.0%
DE Industrials
-0.9%
DE Market
1 Year Return
9.9%
SIE
10.3%
DE Industrials
12.8%
DE Market
Return vs Industry: SIE underperformed the German Industrials industry which returned 12.5% over the past year.
Return vs Market: SIE underperformed the German Market which returned 13.7% over the past year.
Shareholder returns
| SIE | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.2% | -1.0% | -0.9% |
| 30 Day | -9.2% | -7.6% | -0.2% |
| 90 Day | -8.2% | -5.3% | 3.0% |
| 1 Year | 13.8%9.9% | 13.8%10.3% | 16.3%12.8% |
| 3 Year | -3.9%-13.5% | 4.3%-5.5% | 15.8%5.7% |
| 5 Year | 25.5%5.5% | 41.4%19.9% | 19.8%3.4% |
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
Should You Care About Siemens Aktiengesellschaft’s (ETR:SIE) Investment Potential?2 weeks ago | Simply Wall St
Only 3 Days Left To Cash In On Siemens Aktiengesellschaft's (ETR:SIE) Dividend1 month ago | Simply Wall St
Do You Know What Siemens Aktiengesellschaft's (ETR:SIE) P/E Ratio Means?Valuation
Is Siemens undervalued compared to its fair value and its price relative to the market?
33.6%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SIE (€105.34) is trading below our estimate of fair value (€158.56)
Significantly Below Fair Value: SIE is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SIE is poor value based on its PE Ratio (16.3x) compared to the Industrials industry average (16.1x).
PE vs Market: SIE is good value based on its PE Ratio (16.3x) compared to the German market (20.9x).
Price to Earnings Growth Ratio
PEG Ratio: SIE is poor value based on its PEG Ratio (1.3x)
Price to Book Ratio
PB vs Industry: SIE is overvalued based on its PB Ratio (1.7x) compared to the XE Industrials industry average (1.1x).
Next Steps
Future Growth
How is Siemens forecast to perform in the next 1 to 3 years based on estimates from 20 analysts?
12.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SIE's forecast earnings growth (12.6% per year) is above the savings rate (-0.4%).
Earnings vs Market: SIE's earnings (12.6% per year) are forecast to grow slower than the German market (13.1% 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% 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 (12.7%).
Next Steps
Past Performance
How has Siemens performed over the past 5 years?
-1.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SIE has high quality earnings.
Growing Profit Margin: SIE's current net profit margins (6%) are higher than last year (5.4%).
Past Earnings Growth Analysis
Earnings Trend: SIE's earnings have declined by -1.3% per year over the past 5 years.
Accelerating Growth: SIE's earnings growth over the past year (15.8%) exceeds its 5-year average (-1.3% per year).
Earnings vs Industry: SIE earnings growth over the past year (15.8%) exceeded the Industrials industry 7.6%.
Return on Equity
High ROE: SIE's Return on Equity (10.8%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Siemens's financial position?
Financial Position Analysis
Short Term Liabilities: SIE's short term assets (€69.5B) exceed its short term liabilities (€50.2B).
Long Term Liabilities: SIE's short term assets (€69.5B) exceed its long term liabilities (€50.1B).
Debt to Equity History and Analysis
Debt Level: SIE's debt to equity ratio (76.9%) is considered high.
Reducing Debt: SIE's debt to equity ratio has increased from 72.9% to 76.9% over the past 5 years.
Debt Coverage: SIE's debt is well covered by operating cash flow (22%).
Interest Coverage: SIE earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Inventory Level: SIE has a high level of physical assets or inventory.
Debt Coverage by Assets: SIE's debt is covered by short term assets (assets are 1.7x debt).
Next Steps
Dividend
What is Siemens's current dividend yield, its reliability and sustainability?
3.70%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: SIE's dividend (3.7%) is higher than the bottom 25% of dividend payers in the German market (1.31%).
High Dividend: SIE's dividend (3.7%) is in the top 25% of dividend payers in the German market (3.65%)
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 (60.2%), 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 (43.2% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.8yrs
Average management tenure
CEO
Joe Kaeser (62yo)
6.5yrs
Tenure
€8,126,000
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
Compensation vs Market: Joe's total compensation ($USD8.83M) is above average for companies of similar size in the German market ($USD4.31M).
Compensation vs Earnings: Joe's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of Managing Board | 6.5yrs | €8.13m | 0.0086% €7.4m | |
| CFO & Member of the Managing Board | 6.4yrs | €4.32m | 0.0026% €2.2m | |
| Co-CEO of Siemens' Gas and Power Operating Company & Member of Managing Board | 2.8yrs | €4.39m | no data | |
| Deputy CEO | 8.8yrs | €3.99m | 0.0028% €2.4m | |
| CEO of Digital Industries & Member of Managing Board | 8.8yrs | €4.03m | 0.0027% €2.3m | |
| Co-CEO of Gas & Power Division and Member of Managing Board | 5.5yrs | €4.73m | 0.0032% €2.8m | |
| CEO of Smart Infrastructure & Member of Managing Board | 2.8yrs | €3.96m | no data | |
| Chief Information Officer | 3.3yrs | no data | no data | |
| Head of Investor Relations | 4.2yrs | no data | no data | |
| General Counsel | 6.2yrs | no data | no data |
5.8yrs
Average Tenure
56yo
Average Age
Experienced Management: SIE's management team is seasoned and experienced (5.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Member of Supervisory Board | 2.1yrs | €324.00k | no data | |
| Independent Member of Supervisory Board | 12.1yrs | €215.00k | no data | |
| Independent Second Deputy Chairman of the Supervisory Board | 6.3yrs | €397.50k | no data | |
| Member of Supervisory Board | 8.1yrs | €391.00k | no data | |
| Independent Chairman of Supervisory Board | 2.1yrs | €612.50k | no data | |
| Member of Supervisory Board | 12.1yrs | €245.50k | no data | |
| Member of Supervisory Board | 12.8yrs | €244.00k | no data | |
| Member of Supervisory Board | 12.1yrs | €239.50k | no data | |
| First Deputy Chairwoman of Supervisory Board | 5.1yrs | €471.00k | no data | |
| Member of Supervisory Board | 7.1yrs | €348.50k | no data |
7.6yrs
Average Tenure
59.5yo
Average Age
Experienced Board: SIE's board of directors are considered experienced (7.6 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: €85.436b
- Shares outstanding: 811.05m
- 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 operates in the fields of electrification, automation, and digitalization worldwide. Its Digital Industries segment offers automation systems and software for factories, numerical control systems, motors, drives and inverters, and integrated automation systems for machine tools and production machines; process control systems, machine-to-machine communication products, sensors and radio frequency identification systems, and production lifecycle software; mechatronic systems simulation and testing software; and cloud-based industrial Internet of Things operating system. The company’s Smart Infrastructure segment supplies and connects energy systems and building technologies to enhance efficiency and sustainability, as well as supports customers to address technology shifts. Its Gas and Power segment offers gas and steam turbines, generators, compressor trains, reciprocating engines, modular power supply and integrated power plant solutions, and instrumentation and control systems for power generation; transmission products, systems, and solutions, which enables multi-vendor and bidirectional flow of energy and information; and power transformers, high voltage switchgears and components, and high-voltage direct current products. The company’s Mobility segment provides passenger and freight transportation, including rail vehicles, rail automation and electrification systems, road traffic technology, digital solutions, and related services; and mobility system services. Its Siemens Healthineers segment offers medical technology and software solutions; and clinical consulting and training. The company’s Siemens Gamesa Renewable Energy segment provides wind turbines; and develops, constructs, and sells wind farms, as well as provides services for wind farms. Its Financial Services segment offers leasing solutions and equipment; and debt and equity investment products. The company was founded in 1847 and is headquartered in Munich, Germany.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/21 21:31 |
| End of Day Share Price | 2020/02/21 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/09/30 |
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.