SGRE

Siemens Gamesa Renewable EnergyBME:SGRE Stock Report

Market Cap

€15.3b

7D

-3.0%

1Y

-0.5%

Updated

16 Sep, 2021

Data

Company Financials +
SGRE fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance0/6
Financial Health3/6
Dividends0/6

SGRE Overview

Siemens Gamesa Renewable Energy, S.A., together with its subsidiaries, supplies wind power solutions in Europe, the Middle East, Africa, Americas, Asia, and Australia.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: SGRE is more volatile than 75% of Spanish stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: SGRE's weekly volatility (6%) has been stable over the past year, but is still higher than 75% of Spanish stocks.


Market Performance


7 Day Return

-3.0%

SGRE

-2.5%

ES Electrical

-0.7%

ES Market


1 Year Return

-0.5%

SGRE

37.5%

ES Electrical

18.9%

ES Market

Return vs Industry: SGRE underperformed the Spanish Electrical industry which returned 36% over the past year.

Return vs Market: SGRE underperformed the Spanish Market which returned 17.8% over the past year.


Shareholder returns

SGREIndustryMarket
7 Day-3.0%-2.5%-0.7%
30 Day-8.1%-7.2%-1.1%
90 Day-14.8%8.9%-3.1%
1 Year-0.5%-0.5%40.0%37.5%23.5%18.9%
3 Year97.9%97.2%104.8%89.3%4.1%-5.5%
5 Yearn/a114.2%87.1%19.8%1.8%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Siemens Gamesa Renewable Energy Fundamentals Summary

How do Siemens Gamesa Renewable Energy's earnings and revenue compare to its market cap?
SGRE fundamental statistics
Market Cap€15.27b
Earnings (TTM)-€481.18m
Revenue (TTM)€10.20b

1.5x

P/S Ratio

-31.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SGRE income statement (TTM)
Revenue€10.20b
Cost of Revenue€9.55b
Gross Profit€649.31m
Expenses€1.13b
Earnings-€481.18m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.71
Gross Margin6.36%
Net Profit Margin-4.72%
Debt/Equity Ratio30.8%

How did SGRE perform over the long term?

See historical performance and comparison

Valuation

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

21.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: SGRE (€22.48) is trading below our estimate of fair value (€28.48)

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


Price To Earnings Ratio

PE vs Industry: SGRE is unprofitable, so we can't compare its PE Ratio to the European Electrical industry average.

PE vs Market: SGRE is unprofitable, so we can't compare its PE Ratio to the Spanish market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate SGRE's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: SGRE's PB Ratio (3.3x) is in line with the XE Electrical industry average.


Future Growth

How is Siemens Gamesa Renewable Energy forecast to perform in the next 1 to 3 years based on estimates from 21 analysts?

78.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SGRE is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1%).

Earnings vs Market: SGRE is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: SGRE's is expected to become profitable in the next 3 years.

Revenue vs Market: SGRE's revenue (7.3% per year) is forecast to grow faster than the Spanish market (6.1% per year).

High Growth Revenue: SGRE's revenue (7.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SGRE's Return on Equity is forecast to be low in 3 years time (12.1%).


Past Performance

How has Siemens Gamesa Renewable Energy performed over the past 5 years?

-72.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SGRE is currently unprofitable.

Growing Profit Margin: SGRE is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SGRE is unprofitable, and losses have increased over the past 5 years at a rate of 72.9% per year.

Accelerating Growth: Unable to compare SGRE's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: SGRE is unprofitable, making it difficult to compare its past year earnings growth to the Electrical industry (43.8%).


Return on Equity

High ROE: SGRE has a negative Return on Equity (-10.44%), as it is currently unprofitable.


Financial Health

How is Siemens Gamesa Renewable Energy's financial position?


Financial Position Analysis

Short Term Liabilities: SGRE's short term assets (€7.1B) do not cover its short term liabilities (€8.5B).

Long Term Liabilities: SGRE's short term assets (€7.1B) exceed its long term liabilities (€3.6B).


Debt to Equity History and Analysis

Debt Level: SGRE's debt to equity ratio (30.8%) is considered satisfactory.

Reducing Debt: SGRE's debt to equity ratio has increased from 0.3% to 30.8% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: SGRE has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if SGRE has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Dividend

What is Siemens Gamesa Renewable Energy current dividend yield, its reliability and sustainability?

0.33%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate SGRE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate SGRE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if SGRE's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SGRE's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: SGRE is not paying a notable dividend for the Spanish market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of SGRE's dividend in 3 years as they are not forecast to pay a notable one for the Spanish market.


Next Steps

Management

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

1.3yrs

Average management tenure


CEO

Andreas Nauen (57 yo)

1.25yrs

Tenure

Mr. Andreas Nauen serves as Executive Director at Siemens Gamesa Renewable Energy, S.A. since June 2020. Mr. Nauen had been Interim Chief Executive Officer of Onshore of Siemens Gamesa Renewable Energy, S....


Leadership Team

Experienced Management: SGRE's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

Experienced Board: SGRE's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.


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 Gamesa Renewable Energy, S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Siemens Gamesa Renewable Energy, S.A.
  • Ticker: SGRE
  • Exchange: BME
  • Founded: 1976
  • Industry: Heavy Electrical Equipment
  • Sector: Capital Goods
  • Market Cap: €15.268b
  • Shares outstanding: 680.07m
  • Website: https://www.siemensgamesa.com

Number of Employees


Location

  • Siemens Gamesa Renewable Energy, S.A.
  • Parque Tecnologico de Bizkaia
  • Edificio 222
  • Zamudio
  • Basque Country
  • 48170
  • Spain

Listings


Biography

Siemens Gamesa Renewable Energy, S.A., together with its subsidiaries, supplies wind power solutions in Europe, the Middle East, Africa, Americas, Asia, and Australia. It operates through two segments, Win...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/16 21:36
End of Day Share Price2021/09/16 00:00
Earnings2021/06/30
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.