Company Valuation: Siemens

Data adjusted to current consolidation scope
Fiscal Period: September 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 113,299 79,905 107,367 141,274 177,700 209,394 - -
Change - -29.47% 34.37% 31.58% 25.78% 17.84% - -
Enterprise Value (EV) 1 152,454 120,076 143,879 180,037 219,220 248,675 245,305 241,298
Change - -21.24% 19.82% 25.13% 21.76% 13.44% -1.36% -1.63%
P/E 18.7x 22x 13.7x 17.5x 18.9x 25.3x 22x 19.4x
PBR 2.56x 1.68x 2.24x 2.79x 2.87x 3.23x 3.02x 2.77x
PEG - -0.6x 0x 3.69x 1.1x -2.3x 1.4x 1.4x
Capitalization / Revenue 1.82x 1.11x 1.38x 1.86x 2.25x 2.52x 2.32x 2.17x
EV / Revenue 2.45x 1.67x 1.85x 2.37x 2.78x 2.99x 2.72x 2.5x
EV / EBITDA 16.8x 11.2x 10.2x 13.3x 16.4x 16.3x 14.4x 12.5x
EV / EBIT 23.5x 12.9x 14.9x 18.8x 22.8x 20.5x 17.7x 15.2x
EV / FCF 18.2x 14.2x 14.4x 18.8x 20.3x 27x 22.3x 19.2x
FCF Yield 5.49% 7.02% 6.96% 5.32% 4.93% 3.7% 4.48% 5.2%
Dividend per Share 2 4 4.25 4.7 5.2 5.35 5.627 5.98 6.442
Rate of return 2.82% 4.2% 3.46% 2.87% 2.33% 2.06% 2.19% 2.36%
EPS 2 7.59 4.59 9.91 10.38 12.11 10.76 12.41 14.08
Distribution rate 52.7% 92.6% 47.4% 50.1% 44.2% 52.3% 48.2% 45.8%
Net sales 1 62,265 71,977 77,769 75,930 78,914 83,065 90,172 96,626
EBITDA 1 9,091 10,759 14,163 13,577 13,380 15,259 17,084 19,227
EBIT 1 6,494 9,285 9,649 9,593 9,594 12,128 13,888 15,882
Net income 1 6,161 3,723 7,949 8,301 9,620 8,505 9,820 11,105
Net Debt 1 39,155 40,171 36,512 38,763 41,520 39,281 35,911 31,904
Reference price 2 141.92 101.20 135.66 181.34 229.20 272.65 272.65 272.65
Nbr of stocks (in thousands) 798,333 789,577 791,442 779,054 775,303 767,995 - -
Announcement Date 11/11/21 11/17/22 11/16/23 11/14/24 11/13/25 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
16.93x2.19x9.84x3.02% 245B
25.35x2.99x16.3x2.06% 243B
30.43x3.91x18.02x1.61% 188B
36.49x5.42x23.06x1.04% 160B
44.43x5.97x26.61x1.12% 150B
46.43x7.64x30.72x0.09% 108B
91.1x11.47x65.11x0.35% 97.1B
31.27x5.06x17.61x1.45% 85.24B
32.42x6.93x21.81x0.57% 54.5B
Average 39.43x 5.73x 25.45x 1.26% 147.87B
Weighted average by Cap. 35.18x 4.89x 22.37x 1.56%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

40% Discount: Identify Tomorrow's Best Investments With The Best Subscriber-Only Tools!
d
:
:
SEIZE THE OFFER!