Siemens Aktiengesellschaft

WSE:SIE Stock Report

Market Cap: zł928.8b

Siemens Valuation

Is SIE undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of SIE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: SIE (PLN1208.4) is trading below our estimate of future cash flow value (PLN1804.37)

Significantly Below Future Cash Flow Value: SIE is trading below future cash flow value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for SIE?

Key metric: As SIE is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for SIE. This is calculated by dividing SIE's market cap by their current earnings.
What is SIE's PE Ratio?
PE Ratio28.4x
Earnings€7.63b
Market Cap€216.57b

Price to Earnings Ratio vs Peers

How does SIE's PE Ratio compare to its peers?

The above table shows the PE ratio for SIE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average27.4x
IHC International Holding Company PJSC
34.7xn/aد.إ837.6b
6501 Hitachi
26.9x11.52%JP¥21.5t
HON Honeywell International
18.5x-7.11%US$72.8b
MMM 3M
29.8x11.82%US$83.7b
SIE Siemens
28.4x12.49%zł216.6b

Price-To-Earnings vs Peers: SIE is expensive based on its Price-To-Earnings Ratio (28.4x) compared to the peer average (27.4x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does SIE's PE Ratio compare vs other companies in the European Industrials Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
SIE 28.4xIndustry Avg. 18.2xNo. of Companies5PE01224364860+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: SIE is expensive based on its Price-To-Earnings Ratio (28.4x) compared to the European Industrials industry average (18.2x).

Price to Earnings Ratio vs Fair Ratio

What is SIE's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

SIE PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio28.4x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate SIE's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst SIE forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentzł1,208.40
zł1,255.25
+3.88%
10.67%zł1,522.48zł1,007.84n/a23
Jun ’27zł1,147.40
zł1,211.71
+5.60%
10.01%zł1,418.48zł973.88n/a23
May ’27zł1,071.20
zł1,164.70
+8.73%
11.77%zł1,425.84zł936.38n/a23
Apr ’27zł907.90
zł1,180.50
+30.03%
11.41%zł1,437.23zł943.85n/a23
Mar ’27zł1,054.60
zł1,159.46
+9.94%
11.59%zł1,413.19zł949.15n/a23
Feb ’27zł1,091.00
zł1,090.03
-0.089%
11.12%zł1,264.08zł821.65n/a23
Jan ’27n/a
zł1,075.99
0%
10.71%zł1,265.20zł822.38n/a22
Dec ’26n/a
zł1,068.13
0%
10.69%zł1,266.56zł802.16n/a21
Nov ’26zł1,046.80
zł1,073.03
+2.51%
10.12%zł1,274.12zł785.70n/a22
Oct ’26n/a
zł1,054.83
0%
10.13%zł1,278.05zł788.13n/a21
Sep ’26zł1,000.60
zł1,033.23
+3.26%
10.21%zł1,278.36zł788.32n/a22
Aug ’26zł987.30
zł1,008.05
+2.10%
8.55%zł1,115.41zł790.62n/a21
Jul ’26n/a
zł999.22
0%
9.23%zł1,108.40zł721.95zł1,164.0022
Jun ’26zł931.10
zł1,001.38
+7.55%
9.01%zł1,109.08zł722.39zł1,147.4022
May ’26zł856.70
zł1,010.10
+17.91%
9.92%zł1,156.87zł685.55zł1,071.2022
Apr ’26zł898.40
zł1,011.51
+12.59%
8.23%zł1,192.12zł878.40zł907.9021
Mar ’26zł919.10
zł980.44
+6.67%
9.80%zł1,179.69zł765.76zł1,054.6020
Feb ’26n/a
zł905.60
0%
12.69%zł1,198.34zł546.61zł1,091.0022
Jan ’26zł807.20
zł890.15
+10.28%
9.91%zł983.76zł556.04n/a23
Dec ’25n/a
zł875.32
0%
12.52%zł987.95zł536.93n/a21
Nov ’25n/a
zł868.14
0%
12.60%zł1,003.30zł545.27zł1,046.8020
Oct ’25zł785.00
zł840.21
+7.03%
12.39%zł965.08zł536.16n/a20
Sep ’25zł728.40
zł842.61
+15.68%
12.49%zł984.88zł535.26zł1,000.6019
Aug ’25n/a
zł856.99
0%
12.86%zł989.44zł537.74zł987.3019
Jul ’25zł761.00
zł860.71
+13.10%
12.86%zł993.74zł540.08n/a19
zł1.26k
Fair Value
3.8% undervalued intrinsic discount
23
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/06 23:36
End of Day Share Price 2026/07/06 00:00
Earnings2026/03/31
Annual Earnings2025/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Siemens Aktiengesellschaft is covered by 43 analysts. 21 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Guenther HollfelderBaader Helvea Equity Research
Alfonso MariáteguiBanco de Sabadell. S.A.
null nullBanco de Sabadell. S.A.