Professional
Added to YB: 2024-08-08
Pitch date: 2024-07-23
ENR.F [bullish]
Siemens Energy AG
+354.41%
current return
Author Info
Massif Capital invests in Basic Materials, Energy, and Industrial businesses, creating a unique portfolio that produces uncorrelated long-term capital appreciation. Follow on Twitter/X.
Company Info
Siemens Energy AG operates as an energy technology company worldwide. It operates through Gas Services, Grid Technologies, Transformation of Industry, and Siemens Gamesa segments.
Market Cap
EUR 73.7B
Pitch Price
EUR 26.21
Price Target
N/A
Dividend
N/A
EV/EBITDA
27.71
P/E
420.41
EV/Sales
1.84
Sector
Electrical Equipment
Category
growth
Massif Capital Portfolio Holding: Siemens Energy AG
Siemens Energy (ENR.F) up 124% YTD, 140% from avg entry. Gas & Power (70% rev) thriving; Wind Turbines (30%) troubled. €1.6B charge for quality issues, €600M for offshore challenges. Grid biz growing double-digits. LPT investment in US, €7B TenneT contract. High barriers to entry. Grid capex doubling 2026-2030. Thesis: energy transition play with improving profitability.
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