ENR GR

Siemens Energy AG

Energy, Event Driven/Special Sit


Presented:05/23/2024
Price:€24.57
Cap:$21.62B
Current Price:€34.67
Cap:$30.51B

Presented

Date05/23/2024
Price€24.57
Market Cap$21.62B
Ent Value$13.19B
P/E RatioN/A
Book Value€12.52
Div Yield0%
Shares O/S790.13M
Ave Daily Vol4,165,522
Short IntN/A

Current

Price€34.67
Market Cap$30.51B
Siemens Energy AG engages in the provision of energy technology solutions. It operates through the following segments: Gas Services, Grid Technologies, Transformation of Industry, and Siemens Gamesa. The company was founded in 1866 and is headquartered in Munich, Germany.

Publicly traded companies mentioned herein: GE Vernova Inc (GEV), Siemens Energy AG (ENR GR)

Highlights

The presenter is long shares of Siemens Energy AG (ENR GR), an energy company operating four oligopolistic businesses: wind turbines, gas turbines, power transmission, and grid solutions. He believes the issues behind its defective wind turbines are resolved. If they can turn around the business, along with its other business lines growing in the high teens over the next couple of years, the stock could be worth €75 versus the current price of €24, representing more than 200% upside over the next two years.

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Idea Discussion

Commentor 1 - 2 weeks ago

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