OTCPK:SMMN.Y

Stock Analysis Report

Executive Summary

Siemens Healthineers AG, through its subsidiaries, develops, manufactures, and distributes imaging, advanced therapies, and diagnostic products and services worldwide.

Snowflake

Fundamentals

Adequate balance sheet with acceptable track record.


Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-0.2%

OTCPK:SMMN.Y

0.5%

US Medical Equipment

-0.02%

US Market


1 Year Return

-11.8%

OTCPK:SMMN.Y

9.9%

US Medical Equipment

1.6%

US Market

SMMN.Y underperformed the Medical Equipment industry which returned 9.7% over the past year.

SMMN.Y underperformed the Market in United States of America which returned 1.9% over the past year.


Share holder returns

SMMN.YIndustryMarket
7 Day-0.2%0.5%-0.02%
30 Day-0.9%0.09%2.7%
90 Day-7.3%2.0%1.4%
1 Year-10.5%-11.8%10.8%9.9%3.8%1.6%
3 Yearn/a69.0%63.9%45.2%35.8%
5 Yearn/a136.2%109.3%61.8%44.1%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Siemens Healthineers undervalued based on future cash flows and its price relative to the stock market?

22%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Siemens Healthineers's share price is below the future cash flow value, and at a moderate discount (> 20%).

Siemens Healthineers's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

Siemens Healthineers is good value based on earnings compared to the US Medical Equipment industry average.

Siemens Healthineers is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

Siemens Healthineers is poor value based on expected growth next year.


Price Based on Value of Assets

Siemens Healthineers is overvalued based on assets compared to the US Medical Equipment industry average.


Next Steps

Future Growth

How is Siemens Healthineers expected to perform in the next 1 to 3 years based on estimates from 18 analysts?

10.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Siemens Healthineers's revenue is expected to grow by 4.7% yearly, however this is not considered high growth (20% yearly).

Siemens Healthineers's earnings are expected to grow by 10% yearly, however this is not considered high growth (20% yearly).

Siemens Healthineers's revenue growth is positive but not above the United States of America market average.

Siemens Healthineers's earnings growth is positive but not above the United States of America market average.

Siemens Healthineers's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Siemens Healthineers is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Siemens Healthineers performed over the past 5 years?

1.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Siemens Healthineers's year on year earnings growth rate has been positive over the past 5 years.

Siemens Healthineers's 1-year earnings growth exceeds its 5-year average (10.8% vs 1.5%)

Siemens Healthineers's earnings growth has not exceeded the US Medical Equipment industry average in the past year (10.8% vs 28.2%).


Return on Equity

Siemens Healthineers has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Siemens Healthineers used its assets more efficiently than the US Medical Equipment industry average last year based on Return on Assets.


Return on Capital Employed

Siemens Healthineers's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Siemens Healthineers's financial position?


Financial Position Analysis

Siemens Healthineers is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Siemens Healthineers's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Siemens Healthineers's level of debt (54.6%) compared to net worth is high (greater than 40%).

Unable to establish if Siemens Healthineers's debt level has increased without past 5-year debt data.

Debt is well covered by operating cash flow (33.7%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 18.9x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 1.5x debt.


Next Steps

Dividend

What is Siemens Healthineers's current dividend yield, its reliability and sustainability?

2.57%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Siemens Healthineers's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.44%).

Siemens Healthineers's dividend is below the markets top 25% of dividend payers in United States of America (3.69%).

It is too early to tell whether Siemens Healthineers has stable dividend payments.

Siemens Healthineers only just started paying a dividend, it is too early to tell if payments are increasing.


Current Payout to Shareholders

Dividends paid are well covered by earnings (2x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be covered by earnings (2x coverage).


Next Steps

Management

What is the CEO of Siemens Healthineers's salary, the management and board of directors tenure and is there insider trading?

1.8yrs

Average management tenure


CEO

Bernd Montag (50yo)

4.7yrs

Tenure

0

Dr. Bernhard Montag, also known as Bernd, has been the Chief Executive Officer and Member of Management Board at Siemens Healthineers AG since 2015 and 2018 respectively. Dr. Montag began his career at the ...


Management Age and Tenure

1.8yrs

Average Tenure

55yo

Average Age

The average tenure for the Siemens Healthineers management team is less than 2 years, this suggests a new team.


Board Age and Tenure

1.7yrs

Average Tenure

55yo

Average Age

The average tenure for the Siemens Healthineers board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Michel Therin (58yo)

    President of Advanced Therapies

    • Tenure: 0yrs
  • Michael Reitermann (57yo)

    Chief Markets & Diagnostics Officer and Member of Management Board

    • Tenure: 1.7yrs
    • Compensation: €1.80m
  • Marc Koebernick

    Head of Investor Relations

    • Tenure: 0yrs
  • Jochen Schmitz (53yo)

    CFO & Member of Management Board

    • Tenure: 1.8yrs
    • Compensation: €1.76m
  • Bernd Montag (50yo)

    CEO & Member of Management Board

    • Tenure: 4.7yrs

Board Members

  • Norbert Gaus (58yo)

    Deputy Chairman of Supervisory Board

    • Tenure: 1.7yrs
    • Compensation: €105.33k
  • Karl-Heinz Streibich (67yo)

    Member of Supervisory Board

    • Tenure: 1.7yrs
    • Compensation: €89.17k
  • Ralf Peter Thomas (58yo)

    Member of Supervisory Board

    • Tenure: 1.7yrs
  • Marion Helmes (54yo)

    Member of the Supervisory Board

    • Tenure: 1.5yrs
    • Compensation: €83.78k
  • Michael Sen (51yo)

    Chairman of Supervisory Board

    • Tenure: 1.7yrs
  • Philipp Rösler (46yo)

    Member of Supervisory Board

    • Tenure: 1.7yrs
    • Compensation: €60.04k
  • Nathalie von Siemens (48yo)

    Member of Supervisory Board

    • Tenure: 1.7yrs
    • Compensation: €68.67k
  • Andreas Hoffmann (55yo)

    Member of Supervisory Board

    • Tenure: 1.7yrs
    • Compensation: €112.67k
  • Greg Sorensen (57yo)

    Member of Supervisory Board

    • Tenure: 1.7yrs
    • Compensation: €89.17k

Company Information

Siemens Healthineers AG's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Siemens Healthineers AG
  • Ticker: SMMN.Y
  • Exchange: OTCPK
  • Founded:
  • Industry: Health Care Equipment
  • Sector: Healthcare
  • Market Cap: €36.014b
  • Listing Market Cap: €39.843b
  • Shares outstanding: 999.43m
  • Website: https://www.healthcare.siemens.de

Number of Employees


Location

  • Siemens Healthineers AG
  • Henkestrasse 127
  • Erlangen
  • Bavaria
  • 91052
  • Germany

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SHLDB (Deutsche Boerse AG)YesOrdinary SharesDEEURMar 2018
SHLWBAG (Wiener Boerse AG)YesOrdinary SharesATEURMar 2018
SHLSWX (SIX Swiss Exchange)YesOrdinary SharesCHCHFMar 2018
SHLXTRA (XETRA Trading Platform)YesOrdinary SharesDEEURMar 2018
SHLDBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBEURMar 2018
SEMH.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDMar 2018
0PMJLSE (London Stock Exchange)YesOrdinary SharesGBEURMar 2018
SMMN.YOTCPK (Pink Sheets LLC)UNSPON ADR EACH REP 0.50 ORD SHSUSUSDMay 2018
SHL1DB (Deutsche Boerse AG)UNSPON ADR EACH REP 0.50 ORD SHSDEEURMay 2018

Biography

Siemens Healthineers AG, through its subsidiaries, develops, manufactures, and distributes imaging, advanced therapies, and diagnostic products and services worldwide. The company’s Imaging segment offers  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/19 01:12
End of Day Share Price2019/09/18 00:00
Earnings2019/06/30
Annual Earnings2018/09/30


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.