Siemens Energy AG Ordinary Shares ENR

Morningstar Rating
€126.92 −9.36 (6.87%)
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Company Report

Secular Trends Are Boosting Siemens Energy's Moaty Businesses

Between 2020 and 2023, Siemens Energy failed to produce net income because of issues with its subsidiary, Siemens Gamesa. Defects in its onshore wind turbines required significant repair costs, fueling high operating losses that peaked in 2023. Thanks to a restructuring plan that includes the full integration of Siemens Gamesa into the group, losses were reduced by 69% in 2025. The company targets breakeven in 2026 and a low- to mid-single-digit profit in 2028. We view the turnaround plan as credible and the targets within reach.

Price vs Fair Value

ENR is trading at a LOCK|K$&X$L premium.
Price
€126.92
Fair Value
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Uncertainty
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1-Star Price
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5-Star Price
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Economic Moat
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Capital Allocation
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Bulls Say, Bears Say

Bulls

The modernization and expansion of the electrical grid to accommodate renewable energy and an increase in electrical demand are multidecade secular growth themes, creating unprecedented demand for electrical equipment.

Bears

Any slowdown in data center investments would weigh on the stock.

News

Trading Information

Previous Close Price
€136.28
Day Range
€125.72–131.18
52-Week Range
€100.30–191.66
Bid/Ask
€0.00 / €0.00
Shares Outstanding
850.85M
Market Cap
€107.99B
Volume/Avg
3M / 2M

Key Statistics

Price/Earnings (Normalized)
36.95
Price/Sales
2.66
Dividend Yield (Trailing)
0.55%
Dividend Yield (Forward)
0.55%
Dividend Payment Schedule
Mar
Total Yield
2.67%

Company Profile

Siemens Energy manufactures a wide range of equipment used to generate and transmit energy. The group is a product of the spinout from Siemens in 2020, consisting of the power and gas segment and Siemens Gamesa, although its operations go back over 150 years. Approximately one-sixth of global electricity generation is based on its technology.
Sector
Industrials
Industry
Specialty Industrial Machinery
Stock Style Box
Large Growth
Total Number of Employees
105,000

Competitors

Valuation

Metric
ENR
GEV
ABBN
Price/Earnings (Normalized)
36.9530.8330.53
Price/Book Value
10.0919.959.24
Price/Sales
2.665.274.37
Price/Cash Flow
21.77—28.03
Price/Earnings
ENR
GEV
ABBN

Financial Strength

Metric
ENR
GEV
ABBN
Quick Ratio
0.610.600.81
Current Ratio
0.900.831.43
Interest Coverage
19.83—30.73
Quick Ratio
ENR
GEV
ABBN

Profitability

Metric
ENR
GEV
ABBN
Return on Assets (Normalized)
7.42%9.65%10.90%
Return on Equity (Normalized)
41.57%60.84%31.51%
Return on Invested Capital (Normalized)
29.64%44.64%19.68%
Return on Assets
ENR
GEV
ABBN

Specialty Industrial Machinery Industry Comparables

1-Day Chart
Name
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Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
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LOCK|gX?kXy@LOCK|$n>%$227B
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LOCK|<^H%Nz^ZLOCK|>H!$227B
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LOCK|#<$Xt@LOCK|x^C$144B
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PH
LOCK|!?HpD@LOCK|&H$N$113B
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LOCK|&D^W>^>LOCK|%x$92B
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ITW
LOCK|y>#?ZWzXLOCK|%@$79B
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CMI
LOCK|@B!kj#LOCK|^P>Zh$69B
AMETEK Inc
AME
LOCK|W^&>>nf%LOCK|nZh$55B
Rockwell Automation Inc
ROK
LOCK|>HCr^mCLOCK|L^$48B
Fanuc Corp ADR
FANUY
LOCK|G<Fn#mCLOCK|@%$33B

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