Obermatt

Siemens

GER:SIE · DE0007236101
Industrial ConglomeratesXX-Large

360

39
EV / EBIT32
Price / Owner Earnings37
Owner Earnings Yield42
Dividend Yield53
Price/Sales24
EV / Gross Profit34
Price/Book43
Return on Capital52
Cash Return on Capital64
Return on Equity66
EBIT Margin49
Gross Profitability67
Cash Conversion56
Accruals45
Owner Earnings Margin72
Sales growth64
Profit Growth100
Long-Term EPS Growth64
Owner Earnings Growth28
Reinvestment34
Price momentum79
Debt load41
Refinancing70
Debt Payback48
Liquidity41
Analyst ratings46
Opinion Changes50
Price Target Upside21
Market mood73
Value Creation10/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Siemens clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountryGermany
IndustryIndustrial Conglomerates
SizeXX-Large
TypePublic Company
ExchangeXTRA
Founded1996
Employees146,328
ISINDE0007236101
Last UpdateApr 2, 2026
Themes
Smart BuildingEnergy EfficiencyIndustrial AutomationSensorsOnshore and Offshore WindClean EnergyEnergy ManagementCleanTechProcess AutomationBiomass EnergyRFID (Radio Frequency Identification)Smart EnergyEnergy StorageConsultingCyber SecurityManufacturingReal Estate

Description

Siemens Aktiengesellschaft (Siemens AG) operates as a global technology company that specializes in smart infrastructure, digital industries, mobility, Siemens Healthineers, and financial services. Business Segments Siemens AG operates through Digi…

Analysis

Middle-of-the-road

Siemens Aktiengesellschaft sits in the middle of our grid: average quality, average price, no obvious signal in either direction.

On valuation, the picture is expensive. The owner-earnings multiple stands at 25.4×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 9% a year, against analyst forecasts of 7%. The price, in other words, assumes less than the experts do.

Growth is moderate; the safety picture is adequate. The company scores 10/20 on our value-creation score: creating some value.

Flags to be aware of: The financial cushion is thinner than comfortable. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
80
2023202420252026

All-time high

86

Feb 2024

All-time low

22

Jan 2026

Average rank

58

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
24
23
32
41
Price/Earnings
22
39
53
63
Price/Book
43
31
48
64
Dividend Yield
53
50
64
76
Value (overall)
26
21
43
63

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →