रैंकिंग पर वापस जाएं

Siemens Aktiengesellschaft (SMAWF)

NEUTRAL
IndustrialsSpecialty Industrial MachineryGermany

Fundamental

62

मूल्य

$334.00

मार्केट कैप

$249.04B

भाग 1 · कंपनी का मूल्य कितना है

अवलोकन

Siemens sells the automation equipment, software and electrical infrastructure that factories, buildings and rail systems run on, plus it majority-owns Siemens Healthineers, a separately listed medical-imaging and diagnostics company. Its factory-automation and infrastructure businesses sell to industrial and construction customers worldwide; its rail unit builds trains and signaling systems for transit operators. The common thread across the divisions is selling equipment and software that customers depend on for years, not months.

यह पैसा कैसे कमाती है

Revenue comes mostly from selling hardware and software for factory automation, building systems and rail equipment, often bundled with long-term service and maintenance contracts that generate recurring income after the initial sale. Siemens Healthineers, consolidated into group results even though it trades as its own stock, adds revenue from selling and servicing imaging machines and diagnostic equipment to hospitals, a business with its own multi-year sales and service cycle.

सेगमेंट के अनुसार राजस्व

Siemens Healthineers29.6%

Majority-owned, separately listed medical technology business selling imaging and diagnostic equipment to hospitals; Siemens' largest segment.

Smart Infrastructure29.2%

Electrical products, building automation and grid technology sold to construction and utility customers.

Digital Industries22.6%

Factory automation hardware and industrial software used to design and run manufacturing plants; the segment that declined in fiscal 2025.

Mobility15.7%

Trains, rail infrastructure and signaling systems sold to public transit operators and railways.

प्रतिस्पर्धी बढ़त (Moat)

स्विचिंग कॉस्ट · संकीर्ण

Once a factory or hospital is built around Siemens automation systems, imaging equipment or signaling technology, replacing it means retraining staff and requalifying processes, which discourages switching for years. The advantage is narrow rather than wide because each division faces capable global rivals — Schneider Electric and Rockwell in automation, GE Healthcare and Philips in imaging, Alstom in rail — that win contracts on price and features.

मांग को क्या चलाता है

चक्रीय

Industrial automation spending tracks factory investment cycles, which slow when manufacturers cut capital budgets in a downturn, and rail and infrastructure orders depend on large, lumpy public and private capital projects. Healthineers is the exception: hospital spending on imaging and diagnostics is comparatively steady, which softens the swings from the more industrial divisions.

खरीदने के पक्ष में तर्क

Buyers point to steady growth at Smart Infrastructure and Mobility, resilient demand for Healthineers' hospital equipment, and long-lived customer relationships across the automation business as reasons the group can keep compounding revenue even as one division has a soft year.

बेचने के पक्ष में तर्क

Sellers worry that Digital Industries' decline signals weaker manufacturing capital spending that could spread to other divisions in a broader downturn, and that running four largely unrelated global businesses, one of them a separately listed subsidiary, makes the group harder to value and manage than a set of focused competitors.

वित्त वर्ष 2025 के सेगमेंट आंकड़ेस्रोत: Siemens — Earnings Release and Financial Results Q4 FY 2025Siemens Annual Report, fiscal year 2025

Written by the editors, published on 18 अगस्त 2026

Direct competitors

Who this company fights with for the same customers

No editorial profile for this company yet

No competitor list for this company yet.

बैलेंस शीट और तरलता

राजस्व

$81.12B

पिछले 12 महीने (30/6/2026 तक)

शुद्ध आय

$7.95B

पिछले 12 महीने (30/6/2026 तक)

Free Cash Flow

$6.50B

कुल इक्विटी

$72.70B

कुल देनदारियाँ

$49.92B

Current Ratio

1.44

Interest Coverage

-

Debt/EBITDA

3.99

Earnings Per Share

राजस्व और शुद्ध आय

Free Cash Flow

आय विवरण

ऐतिहासिक विवरण

समय के साथ मार्जिन

समय के साथ ऋण

ऋण कितना भारी है

वृद्धि तालिका

वृद्धि — राजस्व

Fair Value अनुमान

अधिक मूल्यांकित

Fair Value

$257.48

वर्तमान मूल्य

$334.00

Margin of Safety

-29.7%

Fair Value सीमा

$167.36 - $347.59

अनुमान विधियाँ

Analyst Target:-
DCF:$226.53
PE-based:$265.74
Graham Growth:$492.96
EPV:$90.04
विश्लेषक सहमति:खरीदें (23B / 6H / 2S)
अंतिम Earnings सरप्राइज़:+10.97%

मूल्यांकन मेट्रिक्स

P/E Ratio

27.93

ROE

12.5%

P/B Ratio

3.43

P/FCF

38.29

Gross Margin

39.4%

ROIC

7.8%

लाभप्रदता Radar

Value Creation (Economic Moat)

ROIC

7.8%

WACC

9.7%

ROIC − WACC

-1.9 pp

ROIC is below the cost of capital — the company is destroying value for every dollar invested.

Fundamental विश्लेषण मानदंड

पास (13)

  • Price CAGR 10.34%
  • ROIC 7.8%
  • Gross Margin 39.4%
  • Debt/Equity ratio
  • Positive Free Cash Flow
  • Current Ratio
  • Debt/EBITDA
  • ROE 12.2%
  • Revenue Growth 5Y 7.4%
  • Analyst Consensus 74% Buy
  • PEG Ratio 1.37
  • Earnings Quality (OCF/NI) 1.49
  • Net Margin Trend 12.2% vs 10.9%

फेल (6)

  • P/FCF 38.29
  • P/B Ratio 3.43
  • CapEx intensity
  • DCF valuation (Overvalued)
  • Earnings Surprise avg 0.2%
  • Piotroski F-Score 2/9

अनुपलब्ध (8)

  • EPS data insufficient
  • Dividend Payout NaN%
  • Operating Margin NaN%
  • Interest Coverage
  • Return on Tangible Assets
  • Low reliance on intangibles
  • Price below Graham Number
  • Share Dilution (missing shares data)

Piotroski F-Score

2/9

गंभीर वित्तीय चिंताएं

score
criteria

Earnings गुणवत्ता

1.49

उच्च गुणवत्ता: earnings नकदी द्वारा समर्थित

शेयर Dilution

-

शेयर वापस खरीद रही है। शेयरधारक अनुकूल

प्रशासन

कार्यकारी टीम

नामपदआयु
Dr. Roland Busch Dipl.Phys.President, CEO & Chairman of Management Board61
Ms. Veronika BienertCFO & Member of Management Board52
Mr. Cedrik NeikeCEO of Digital Industries & Member of Managing Board52
Ms. Judith WieseChief People & Sustainability Officer and Member of Managing Board54
Dr. Peter Koerte Ph.D.CTO, CEO of Siemens Smart Infrastructure, Chief Strategy Officer & Member of Management Board50
Dr. Ralf P. ThomasSpecial Advisor64
Dr. Andreas Christian HoffmannGeneral Counsel, Head of the Legal & Compliance Department61
Mr. Hanno KunkelChief Compliance Officer and Head of the Global Compliance Organization & Human Rights Officer50
Ms. Christiane Ribeiro Guimaraes HoferGlobal Head of Communications47
Dr. Jochen Schmitz Ph.D.Chief Financial Officer of Siemens Healthineers59

Audit जोखिम

1

बोर्ड जोखिम

5

मुआवजा जोखिम

1

शेयरधारक अधिकार जोखिम

1

भाग 2 · कीमत और खरीदने का समय

यह हिस्सा यह नहीं बताता कि कंपनी अच्छी है या नहीं: यह तय करने में मदद करता है कि उसे कब खरीदें, जब फंडामेंटल आपको आश्वस्त कर चुके हों। इसमें: तकनीकी विश्लेषण, संभावना, ऐतिहासिक गिरावट, गामा एक्सपोज़र।

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Disclaimer

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