Siemens Energy (ENR.DE): analysis in plain words
Is Siemens Energy cheap or expensive? How it makes money, whether it grows and its risks, explained in plain words and with its official accounts.
Siemens Energy (ENR.DE) is listed on the Frankfurt Stock Exchange (Xetra) and we classify it in industrials. Below are its key dated figures, how it makes money, how it compares with its sector, what works for and against Siemens Energy according to those figures, and the questions people ask most about the stock. No buy or sell tips.
Siemens Energy (ENR.DE) key figures as of November 4, 2026
| Figure | Value | What it measures |
|---|---|---|
| Share price | €119.46 | Last price on November 4, 2026 |
| P/E ratio (TTM) | 38.5x | Price over earnings per share |
| Revenue growth | +17.5% | Latest quarter vs the same quarter a year earlier |
| Net margin (TTM) | 6.4% | Profit for every 100 of sales |
| Net debt / EBITDA | Net cash (more cash than debt) | Years of operating profit to repay debt |
| Dividend yield | 0.54% | Annual dividend over price |
| Market cap | €101.6 billion | What the stock market values it at |
The Siemens Energy figures come from Yahoo Finance, the same source the Fintols analysis uses, retrieved on November 4, 2026. Any ENR.DE figure that is not available shows as N/A: we do not estimate it.
How Siemens Energy makes money
Siemens Energy makes equipment to generate and transmit electricity. It reports four segments: Gas Services, its largest, selling and servicing gas turbines; Grid Technologies, with transformers and transmission systems for power grids; Transformation of Industry, serving industrial decarbonization; and Siemens Gamesa, which builds onshore and offshore wind turbines. Customers are utilities and governments.
Over the last 12 months, Siemens Energy brought in revenue of €41.8 billion. For every 100 it sells, Siemens Energy keeps 20.8 after the direct cost of what it sells (gross margin) and 13.0 after all operating costs (operating margin).
Siemens Energy against its sector
To know whether a Siemens Energy figure is high or low you have to put it next to similar companies. This table compares Siemens Energy with the median of the 20 industrials companies Fintols covers, with data as of November 4, 2026.
| Figure | Siemens Energy | industrials median |
|---|---|---|
| P/E | 38.5x | 27.3x (20) |
| Revenue growth | +17.5% | +9.8% (20) |
| Net margin | 6.4% | 13.0% (20) |
| Dividend yield | 0.54% | 1.60% (20) |
| Net debt / EBITDA | -1.8x | 2.1x (20) |
In short, against the typical industrials company, Siemens Energy trades on a higher P/E, grows faster and earns a thinner margin. By size, Siemens Energy ranks number 3 of 5 industrials companies quoted in EUR on Fintols.
The bull case for Siemens Energy
What works in favour of Siemens Energy, according to its figures as of November 4, 2026:
- Analysts expect Siemens Energy earnings to rise: its P/E on the next 12 months of estimated earnings is 19.1x, below the current 38.5x.
- Siemens Energy grew sales +17.5% in its latest quarter against the same quarter a year earlier, while the median industrials company Fintols tracks grew +9.8%.
- Siemens Energy earns 27.7% a year on its shareholders' money (return on equity).
The main risk for Siemens Energy
Siemens Energy stock sits 38% below its 52-week high (€191.66): the market has cut its expectations, and it is worth understanding why first.
And, like the rest of industrials, Siemens Energy is exposed to the economic cycle: when industry and trade slow, its orders fall.
Frequently asked questions about Siemens Energy
Is it a good time to buy Siemens Energy stock?
Fintols does not tell you whether to buy or sell Siemens Energy, and nobody knows what the price will do tomorrow. What we can show you is where it stands today. As of November 4, 2026, Siemens Energy stock trades at €119.46, 38% below its 52-week high (€191.66) and 19% above its low (€100.30). Its P/E is 38.5x against a industrials median of 27.3x, and 19.1x on the earnings analysts expect over the next 12 months. With Siemens Energy, as with any stock, timing matters less than understanding the business, investing for the long run and not betting everything on a single company.
Does Siemens Energy pay a dividend?
Yes. As of November 4, 2026, Siemens Energy pays €0.70 per share a year, which at today's price is a yield of 0.54%. It uses 23% of its profit to pay it, which leaves room to keep paying it if profit dips.
Is Siemens Energy stock expensive?
It depends on what you compare it with. On P/E, Siemens Energy trades at 38.5x its last 12 months of earnings: more expensive than the industrials median (27.3x). A high P/E alone does not make Siemens Energy expensive: it can be justified if earnings grow fast, and a low one can reflect a business in trouble.
Who are Siemens Energy's competitors?
On Fintols we compare Siemens Energy with Schneider Electric, DHL Group and Fluidra, which are also in industrials. As of November 4, 2026, Schneider Electric is worth €136.1 billion and trades on a P/E of 27.8; DHL Group is worth €66.9 billion and trades on a P/E of 18.5; Fluidra is worth €3.7 billion and trades on a P/E of 22.6. Each has a side-by-side comparison with Siemens Energy below.
Siemens Energy competitors
- Schneider Electric (SU.PA) analysis · Siemens Energy vs Schneider Electric comparison
- DHL Group (DHL.DE) analysis · Siemens Energy vs DHL Group comparison
- Fluidra (FDR) analysis · Siemens Energy vs Fluidra comparison
To understand Siemens Energy better
- DCF and WACC Explained: A Practical Valuation Guide
- P/E Ratio and EPS Explained: How to Read Them Without Traps
More companies like Siemens Energy: industrials stocks. Open the full ENR.DE analysis with its valuation and scenarios. Educational content about Siemens Energy, not investment advice.