Company Valuation: Siemens AG

Data adjusted to current consolidation scope
Fiscal Period: September 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 85,907 113,299 79,905 107,367 141,274 175,909 - -
Change - 31.89% -29.47% 34.37% 31.58% 24.52% - -
Enterprise Value (EV) 1 116,433 152,454 120,076 143,879 180,037 214,005 211,902 208,761
Change - 30.94% -21.24% 19.82% 25.13% 18.87% -0.98% -1.48%
P/E ratio 21.9x 18.7x 22x 13.7x 17.5x 18.3x 20.2x 17.8x
PBR 2.39x 2.56x 1.68x 2.24x 2.79x 3.17x 2.97x 2.75x
PEG - 0.3x -0.6x 0x 3.69x 1x -2.17x 1.3x
Capitalization / Revenue 1.5x 1.82x 1.11x 1.38x 1.86x 2.22x 2.1x 1.98x
EV / Revenue 2.04x 2.45x 1.67x 1.85x 2.37x 2.7x 2.53x 2.35x
EV / EBITDA 15.3x 16.8x 11.2x 10.2x 13.3x 15.2x 13.7x 12.3x
EV / EBIT 23.1x 23.5x 12.9x 14.9x 18.8x 19.7x 17.3x 15.1x
EV / FCF 16x 18.2x 14.2x 14.4x 18.8x 22.3x 23x 20.8x
FCF Yield 6.24% 5.49% 7.02% 6.96% 5.32% 4.47% 4.35% 4.81%
Dividend per Share 2 3.5 4 4.25 4.7 5.2 5.305 5.65 6.159
Rate of return 3.24% 2.82% 4.2% 3.46% 2.87% 2.35% 2.5% 2.73%
EPS 2 4.93 7.59 4.59 9.91 10.38 12.36 11.21 12.71
Distribution rate 71% 52.7% 92.6% 47.4% 50.1% 42.9% 50.4% 48.4%
Net sales 1 57,139 62,265 71,977 77,769 75,930 79,201 83,886 89,006
EBITDA 1 7,601 9,091 10,759 14,163 13,577 14,061 15,470 16,954
EBIT 1 5,040 6,494 9,285 9,649 9,593 10,888 12,253 13,843
Net income 1 4,030 6,161 3,723 7,949 8,301 9,866 8,845 10,008
Net Debt 1 30,526 39,155 40,171 36,512 38,763 38,097 35,993 32,853
Reference price 2 107.88 141.92 101.20 135.66 181.34 226.00 226.00 226.00
Nbr of stocks (in thousands) 796,319 798,333 789,577 791,442 779,054 778,357 - -
Announcement Date 12/11/20 11/11/21 17/11/22 16/11/23 14/11/24 - - -
1EUR in Million2EUR
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
17.57x2.62x14.73x2.44% 204B
25.78x3.26x15.39x1.91% 156B
33.28x5.48x23.08x1.13% 149B
32.91x4.88x17.51x1.52% 81.22B
40.76x5.11x23.52x0.12% 49.97B
28x2.42x13.52x1.75% 44.04B
69.77x7.75x45.89x0.44% 50.87B
28.64x5.9x18.52x0.7% 41.49B
38.76x5.25x24.85x1.46% 40.18B
24.02x3.44x14.73x2.09% 36.93B
Average 33.95x 4.61x 21.17x 1.36% 85.38B
Weighted average by Cap. 30.09x 4.21x 19.54x 1.59%
See all sector valuations

Year-on-year evolution of the PER

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield