Company Valuation: Siemens Limited

Data adjusted to current consolidation scope
Fiscal Period: September 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 4,50,314 7,58,322 9,86,738 13,07,852 25,81,872 13,25,373 13,25,373 -
Change - 68.4% 30.12% 32.54% 97.41% -48.67% 0% -
Enterprise Value (EV) 1 4,50,314 7,58,322 9,20,897 12,31,345 24,86,193 10,47,626 12,44,862 12,33,883
Change - 68.4% 21.44% 33.71% 101.91% -57.86% 0% -0.88%
P/E ratio 58.6x 69.5x 63.9x 66.7x 95x 52.9x 58x 63.3x
PBR 4.74x 7.32x 8.5x 9.99x 16.8x 8.64x 8.03x 7.19x
PEG - 1.7x 1.5x 2.5x 2.5x -2.3x 2x -7.5x
Capitalization / Revenue 4.24x 5.56x 6.11x 6.69x 11.6x 6.42x 5.25x 6.56x
EV / Revenue 4.24x 5.56x 5.71x 6.3x 11.2x 6.03x 4.93x 6.11x
EV / EBITDA 44.9x 52.5x 52.4x 49.5x 80.1x 52.2x 42.3x 49.1x
EV / EBIT - 55.6x 63.9x 56.8x 89.6x 60.7x 48.2x 55.7x
EV / FCF 64.2x 58.1x 112x 103x 187x -18,379x 76.5x 57.9x
FCF Yield 1.56% 1.72% 0.89% 0.97% 0.53% -0.01% 1.31% 1.73%
Dividend per Share 2 7 8 10 10 12 12.82 15.9 19.15
Rate of return 0.55% 0.38% 0.36% 0.27% 0.17% 0.34% 0.43% 0.51%
EPS 2 21.59 30.62 43.33 55.09 76.33 59.14 64.17 58.75
Distribution rate 32.4% 26.1% 23.1% 18.2% 15.7% 25.8% 24.8% 32.6%
Net sales 1 1,06,178 1,36,392 1,61,378 1,95,538 2,22,397 1,73,642 2,52,518 2,01,915
EBITDA 1 10,036 14,449 17,573 24,872 31,040 20,070 29,407 25,145
EBIT 1 - 13,649 14,402 21,664 27,744 17,267 25,816 22,144
Net income 1 7,686 10,904 15,429 19,609 27,166 21,042 24,549 21,192
Net Debt 1 - - -65,841 -76,507 -95,679 -66,746 -80,511 -91,489
Reference price 2 1,264.50 2,129.40 2,770.80 3,672.50 7,250.00 3,721.70 3,721.70 3,721.70
Nbr of stocks (in thousands) 3,56,120 3,56,120 3,56,120 3,56,120 3,56,120 3,56,120 3,56,120 -
Announcement Date 25/11/20 24/11/21 22/11/22 28/11/23 26/11/24 14/11/25 - -
1INR in Million2INR
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
74.58x7.27x59.93x0.35% 1.42TCr
23.03x2.73x15.05x2.32% 22TCr
29.47x3.82x17.66x1.67% 18TCr
33.61x5.47x22.72x1.08% 16TCr
51.29x6.59x29.6x0.88% 16TCr
115.23x15.13x81.11x0.27% 12TCr
57.42x8.73x36.67x0.08% 12TCr
29.94x4.9x17.15x1.5% 8.25TCr
32.94x6.88x21.45x0.56% 5.42TCr
36.03x5.54x24.18x1.31% 4.65TCr
Average 48.35x 6.71x 32.55x 1% 11.54TCr
Weighted average by Cap. 44.59x 6.23x 28.96x 1.2%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

  1. Stock Market
  2. Equities
  3. SIEMENS Stock
  4. Valuation Siemens Limited