Professional
Added to YB: 2025-02-14
Pitch date: 2025-02-04
ENR.DE [bullish]
Siemens Energy AG
+118.49%
current return
Author Info
No bio for this author
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 54.26
Price Target
N/A
Dividend
N/A
EV/EBITDA
27.71
P/E
420.41
EV/Sales
1.84
Sector
Electrical Equipment
Category
turnaround
Third Point New Position: Siemens Energy AG
ENR.DE: Wind losses €7B 2022-24, but gas turbines & grid equipment resurging. Renewables, EVs, data centers drive demand. €123B backlog (3.6x revenue) signals strong growth. Estimate €5+ EPS by 2030. Wind issues provisioned, risk management improved. Key: gas turbine revival, secular grid growth.
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