Financials Siemens Energy AG

Equities

ENR

DE000ENER6Y0

Renewable Energy Equipment & Services

Market Closed - Xetra Other stock markets 16:35:32 13/02/2026 GMT			Pre-market 06:16:26
162.10 ^EUR	+0.43%		162.20	+0.06%

02-13	Siemens Energy: Target upgrade by 5.7%
02-13	SIEMENS ENERGY : Berenberg gives a Buy rating	ZD

Projected Income Statement: Siemens Energy AG

Fiscal Period: September	2021	2022	2023	2024	2025	2026	2027	2028
Net sales ¹	28,482	28,997	31,119	34,465	39,077	43,574	49,329	55,554
Change	-	1.81%	7.32%	10.75%	13.38%	11.51%	13.21%	12.62%
EBITDA ¹	1,069	1,597	-1,558	1,598	3,924	6,282	8,077	10,161
Change	-	49.39%	-197.56%	202.57%	145.56%	60.1%	28.57%	25.81%
EBIT ¹	661	379	-2,776	345	2,355	4,717	6,457	8,460
Change	-	-42.66%	-832.45%	112.43%	582.61%	100.29%	36.89%	31.03%
Interest Paid ¹	-126	-147	-130	-303	-64	-188.8	-186.2	-172.9
Earnings before Tax (EBT) ¹	-465	-518	-3,387	1,822	2,213	4,631	6,226	8,158
Change	-	-11.4%	-553.86%	153.79%	21.46%	109.25%	34.45%	31.03%
Net income ¹	-453	-404	-4,532	1,184	1,414	3,294	4,544	5,880
Change	-	10.82%	-1,021.78%	126.13%	19.43%	132.98%	37.92%	29.41%
Announcement Date	10/11/21	16/11/22	15/11/23	12/11/24	13/11/25	-	-	-

¹EUR in Million

Estimates

Fiscal Period: September	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1	2027 Q2	2027 Q3	2027 Q4	2028 Q1
Net sales ¹	6,484	7,262	8,196	5,956	6,582	7,279	9,180	7,064	8,028	7,506	8,521	7,649	8,278	8,797	9,741	8,942	10,000	9,745	10,428	9,675	10,948	10,895	11,768	11,578	12,167	12,520	13,257	13,305
Change	-	12%	12.86%	-27.33%	10.51%	10.59%	26.12%	-23.05%	13.65%	-6.5%	13.52%	-10.23%	8.22%	6.27%	10.73%	-8.2%	11.83%	-2.55%	7.01%	-7.22%	13.16%	-0.48%	8.01%	-1.61%	5.09%	2.9%	5.88%	0.37%
EBITDA ¹	-	-	-35	184	261	278	881	-121	353	-1,708	-162	504	793	345	287	787	1,188	817	841	1,492	1,520	1,609	2,019	2,059	2,167	2,172	2,067	2,608
Change	-	-	-	625.71%	41.85%	6.51%	216.91%	-113.73%	391.74%	-583.85%	90.52%	411.11%	57.34%	-56.49%	-16.81%	174.22%	50.95%	-31.23%	2.94%	77.41%	1.9%	5.84%	25.46%	2.01%	5.23%	0.21%	-4.81%	26.18%
EBIT ¹	288	54	-46	-63	-21	-131	594	-282	41	-2,048	-487	208	170	49	-83	481	906	497	471	1,159	1,234	1,263	1,324	1,632	1,741	1,745	1,638	2,179
Change	-	-81.25%	-185.19%	-36.96%	66.67%	-523.81%	553.44%	-147.47%	114.54%	-5,095.12%	76.22%	142.71%	-18.27%	-71.18%	-269.39%	679.52%	88.36%	-45.14%	-5.23%	146.07%	6.51%	2.34%	4.77%	23.34%	6.66%	0.25%	-6.15%	33.05%
Charge d'intérêts	-	-	-	-	-	-28	-	-	-36	-32	-	-	-138	-52	-65	63	48	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	77	-	-	-	-	-	-	-	-	-	-647	-	-	-	-69	462	605	846	300	-	1,199	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	769.57%	30.95%	39.83%	-64.54%	-	-	-	-	-	-	-	-	-
Net income ¹	24	-230	-310	-125	-156	-390	267	-473	-204	-2,955	-899	1,550	68	-142	-292	198	433	615	168	677	847.7	871.1	888.5	1,077	1,155	1,167	1,074	1,468
Change	-	-1,058.33%	-34.78%	59.68%	-24.8%	-150%	168.46%	-277.15%	56.87%	-1,348.53%	69.58%	272.41%	-95.61%	-308.82%	-105.63%	167.81%	118.69%	42.03%	-72.68%	302.98%	25.22%	2.76%	1.99%	21.27%	7.23%	1%	-7.96%	36.69%
Announcement Date	05/05/21	04/08/21	10/11/21	09/02/22	20/04/22	08/08/22	16/11/22	07/02/23	15/05/23	07/08/23	15/11/23	07/02/24	07/05/24	07/08/24	12/11/24	12/02/25	08/05/25	06/08/25	13/11/25	11/02/26	-	-	-	-	-	-	-	-

¹EUR in Million

Estimates

Fiscal Period: September	2024 S1
Net sales ¹	15,927
Change	-
EBITDA	-
Change	-
EBIT	-
Change	-
Charge d'intérêts	-
Earnings before Tax (EBT)	-
Change	-
Net income	-
Change	-
Announcement Date	07/05/24

¹EUR in Million

Estimates

Forecast Balance Sheet: Siemens Energy AG

Fiscal Period: September	2021	2022	2023	2024	2025	2026	2027	2028
Net Debt ¹	-2,605	-2,736	193	-2,597	-5,196	-7,376	-8,963	-10,582
Change	-	-5.03%	107.05%	-1,445.6%	-100.08%	-41.96%	-21.52%	-18.06%
Announcement Date	10/11/21	16/11/22	15/11/23	12/11/24	13/11/25	-	-	-

¹EUR in Million

Estimates

Cash Flow Forecast: Siemens Energy AG

Fiscal Period: September	2021	2022	2023	2024	2025	2026	2027	2028
CAPEX ¹	987	1,157	1,228	1,514	1,724	2,059	1,970	1,866
Change	-	17.22%	6.14%	23.29%	13.87%	19.42%	-4.31%	-5.3%
Free Cash Flow (FCF) ¹	959	1,061	394	1,375	4,097	4,183	4,957	5,698
Change	-	10.64%	-62.87%	248.98%	197.96%	2.11%	18.48%	14.96%
Announcement Date	10/11/21	16/11/22	15/11/23	12/11/24	13/11/25	-	-	-

¹EUR in Million

Estimates

Forecast Financial Ratios: Siemens Energy AG

Fiscal Period: September	2021	2022	2023	2024	2025	2026	2027	2028
Profitability
EBITDA Margin (%)	3.75%	5.51%	-5.01%	4.64%	10.04%	14.42%	16.37%	18.29%
EBIT Margin (%)	2.32%	1.31%	-8.92%	1%	6.03%	10.82%	13.09%	15.23%
EBT Margin (%)	-1.63%	-1.79%	-10.88%	5.29%	5.66%	10.63%	12.62%	14.68%
Net margin (%)	-1.59%	-1.39%	-14.56%	3.44%	3.62%	7.56%	9.21%	10.58%
FCF margin (%)	3.37%	3.66%	1.27%	3.99%	10.48%	9.6%	10.05%	10.26%
FCF / Net Income (%)	-211.7%	-262.62%	-8.69%	116.13%	289.75%	126.99%	109.09%	96.91%
Profitability
ROA	-1.04%	-0.85%	-9.16%	2.4%	2.63%	5.95%	7.36%	8.79%
ROE	-3.03%	-2.51%	-35.37%	13.47%	14.6%	30.34%	35.34%	40.09%
Financial Health
Leverage (Debt/EBITDA)	-	-	-0.12x	-	-	-	-	-
Debt / Free cash flow	-	-	0.49x	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	3.47%	3.99%	3.95%	4.39%	4.41%	4.72%	3.99%	3.36%
CAPEX / EBITDA (%)	92.33%	72.45%	-78.82%	94.74%	43.93%	32.77%	24.39%	18.36%
CAPEX / FCF (%)	102.92%	109.05%	311.68%	110.11%	42.08%	49.21%	39.75%	32.74%
Items per share
Cash flow per share ¹	2.723	3.074	1.957	3.348	6.704	6.995	7.75	8.557
Change	-	12.92%	-36.35%	71.12%	100.23%	4.33%	10.8%	10.41%
Dividend per Share ¹	0.1	0.1	-	-	0.7	1.657	2.41	3.225
Change	-	0%	-	-	-	136.71%	45.46%	33.83%
Book Value Per Share ¹	20.93	23.85	10.26	10.52	11.86	13.96	16.63	20.1
Change	-	13.94%	-56.98%	2.53%	12.8%	17.63%	19.18%	20.83%
EPS ¹	-0.63	-0.56	-5.47	1.35	1.6	3.804	5.283	6.888
Change	-	11.11%	-876.79%	124.68%	18.52%	137.78%	38.87%	30.38%
Nbr of stocks (in thousands)	709,712	714,686	792,309	781,989	851,986	855,344	855,344	855,344
Announcement Date	10/11/21	16/11/22	15/11/23	12/11/24	13/11/25	-	-	-