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Siemens Gamesa Renewable Energy

Executive Summary

Siemens Gamesa Renewable Energy, S.A., together with its subsidiaries, engages in the development and construction of wind farms. More Details


Snowflake Analysis

Reasonable growth potential with mediocre balance sheet.


Similar Companies

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's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-4.6%

SGRE

-1.6%

ES Electrical

0.3%

ES Market


1 Year Return

104.9%

SGRE

32.3%

ES Electrical

-21.8%

ES Market

Return vs Industry: SGRE exceeded the Spanish Electrical industry which returned 32.3% over the past year.

Return vs Market: SGRE exceeded the Spanish Market which returned -21.8% over the past year.


Shareholder returns

SGREIndustryMarket
7 Day-4.6%-1.6%0.3%
30 Day14.4%4.9%-0.2%
90 Day30.0%10.7%-4.0%
1 Year105.3%104.9%35.5%32.3%-19.4%-21.8%
3 Year134.0%133.1%35.4%24.9%-19.4%-26.7%
5 Yearn/a88.3%-8.3%-15.7%-28.6%

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

Valuation

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

3.32x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: SGRE (€25.25) is trading above our estimate of fair value (€11.55)

Significantly Below Fair Value: SGRE is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: SGRE is unprofitable, so we can't compare its PE Ratio to the XE 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 is overvalued based on its PB Ratio (3.3x) compared to the XE Electrical industry average (2.6x).


Next Steps

Future Growth

How is Siemens Gamesa Renewable Energy forecast to perform in the next 1 to 3 years based on estimates from 19 analysts?

62.0%

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 (1.3%).

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 (7.2% per year) is forecast to grow faster than the Spanish market (6.4% per year).

High Growth Revenue: SGRE's revenue (7.2% 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 (9.1%).


Next Steps

Past Performance

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

-59.9%

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 59.9% 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 (-10.4%).


Return on Equity

High ROE: SGRE has a negative Return on Equity (-14.61%), as it is currently unprofitable.


Next Steps

Financial Health

How is Siemens Gamesa Renewable Energy's financial position?


Financial Position Analysis

Short Term Liabilities: SGRE's short term assets (€7.6B) do not cover its short term liabilities (€8.5B).

Long Term Liabilities: SGRE's short term assets (€7.6B) exceed its long term liabilities (€3.4B).


Debt to Equity History and Analysis

Debt Level: SGRE's debt to equity ratio (22.8%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if SGRE's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: SGRE's debt is well covered by operating cash flow (121.6%).

Interest Coverage: Insufficient data to determine if SGRE's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

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

0.38%

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

  • Explore strong dividend paying companies in the Capital Goods industry.

Management

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

0.7yrs

Average management tenure


CEO

Andreas Nauen (56 yo)

0.33

Tenure

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


Leadership Team

NamePositionTenureCompensationOwnership
Andreas Nauen
CEO, Interim CEO of Onshore & Executive Director0.33yrno datano data
Thomas Spannring
Interim CFO0.75yrno datano data
Christoph Wollny
Chief Operating Officer1.92yrsno datano data
Juergen Vinkenfluegel
Member of Management Board0.58yrno datano data
Antonio de la Torre
Chief Technology Officerno datano datano data
Alan Feeley
Chief Information & Cyber Security Officerno datano datano data
Jürgen Bartl
General Secretary and Ethics & Compliance Director (Interim)0.33yrno datano data
Sergio Filipe
Chief Compliance Officer0.25yrno datano data
Carlos Albi
Managing Director of Corporate Development & Strategy1.83yrsno datano data
Javier Fernández-Combarro
Human Resources Directorno datano datano data
Gregorio Acero
Global Head of QM&HSEno datano datano data
Ben Hunt
Global Head of Corporate Affairs1.08yrsno datano data

0.7yrs

Average Tenure

Experienced Management: SGRE's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Andreas Nauen
CEO, Interim CEO of Onshore & Executive Director0.33yrno datano data
Klaus Rosenfeld
Non-Executive Independent Director3.5yrsno datano data
Maria Ferraro
Proprietary Director0.75yrno datano data
Gloria Hernández García
Independent Director5.42yrsno datano data
Mariel von Schumann
Non-Executive Proprietary Director3.5yrsno datano data
Tim Holt
Non-Executive Proprietary Director0.67yrno datano data
Miguel Angel Lopez Borrego
Non-Executive Chairman1.83yrsno datano data
Rudolf Krämmer
Independent Director1.67yrsno datano data
Tim Dawidowsky
Proprietary Director0.083yrno datano data
Harald von Heynitz
Independent Director0.67yrno datano data
Salvador de los Monteros
Director0.25yrno datano data

0.8yrs

Average Tenure

54yo

Average Age

Experienced Board: SGRE's board of directors are not considered experienced ( 0.8 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.


Recent Insider Transactions

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: €17.212b
  • Shares outstanding: 679.52m
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GCTA.FOTCPK (Pink Sheets LLC)YesShare CapitalUSUSDApr 2017
SGREBME (Bolsas y Mercados Espanoles)YesShare CapitalESEURApr 2017
GTQ1DB (Deutsche Boerse AG)YesShare CapitalDEEURApr 2017
0H4NLSE (London Stock Exchange)YesShare CapitalGBEURApr 2017
GTQ1XTRA (XETRA Trading Platform)YesShare CapitalDEEURApr 2017
SGRE NBMV (Bolsa Mexicana de Valores)YesShare CapitalMXMXNApr 2017
GCTA.YOTCPK (Pink Sheets LLC)Depositary Receipt (Common Stock)USUSDApr 2017
SGREEBATS-CHIXE (BATS 'Chi-X Europe')YesShare CapitalGBEURApr 2017
GTQ1ETLX (Eurotlx)YesShare CapitalITEURApr 2017

Biography

Siemens Gamesa Renewable Energy, S.A., together with its subsidiaries, engages in the development and construction of wind farms. It is involved in the engineering, design, production, and sale of wind tur ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/21 21:17
End of Day Share Price2020/10/21 00:00
Earnings2020/06/30
Annual Earnings2019/09/30


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.