Siemens Energy AG (HAM:ENR) Piotroski F-Score: 7 (As of Jun. 26, 2026) — 17% Above Median


HAM:ENR Siemens Energy AG HAM:ENR
64 GF Score
Price €163.90
GF Value €57.55
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Siemens Energy AG Piotroski F-Score?

Siemens Energy AG HAM:ENR +3.21% 64 Piotroski F-Score is 7 as of Jun. 26, 2026, which is 17% above its 10-year median of 6.00. GuruFocus rates HAM:ENR with a GF Score™ of 64/100 and a GF Value™ of €57.55 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,979 Industrial Products companies, Siemens Energy AG ranks better than 90.77% on this metric.

Good Sign:

Piotroski F-Score is 7, indicates a very healthy situation.

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Siemens Energy AG has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

The historical rank and industry rank for Siemens Energy AG's Piotroski F-Score or its related term are showing as below:

HAM:ENR' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 6   Max: 8
Current: 7

During the past 9 years, the highest Piotroski F-Score of Siemens Energy AG was 8. The lowest was 2. And the median was 6.

Siemens Energy AG  (HAM:ENR) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


Siemens Energy AG Piotroski F-Score Related Terms


Siemens Energy AG Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Siemens Energy AG's Piotroski F-Score can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Siemens Energy AG Piotroski F-Score Chart

Siemens Energy AG Annual Data
Trend Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only 6.00 2.00 2.00 8.00 7.00

Siemens Energy AG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.00 7.00 7.00 7.00 7.00

HAM:ENR vs GEV, ETN, PH: Piotroski F-Score Comparison

For the Specialty Industrial Machinery subindustry, Siemens Energy AG's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Siemens Energy AG Piotroski F-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Siemens Energy AG's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Siemens Energy AG's Piotroski F-Score falls into.


HAM:ENR
64GF Score
Siemens Energy AG HAM:ENR
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

How is the Piotroski F-Score calculated?

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

This Year (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was 615 + 168 + 677 + 766 = €2,226 Mil.
Cash Flow from Operations was 718 + 1842 + 3154 + 2080 = €7,794 Mil.
Revenue was 9745 + 10428 + 9675 + 10294 = €40,142 Mil.
Gross Profit was 1541 + 1667 + 2093 + 2257 = €7,558 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(54942 + 55117 + 56637 + 60191 + 61861) / 5 = €57749.6 Mil.
Total Assets at the begining of this year (Mar25) was €54,942 Mil.
Long-Term Debt & Capital Lease Obligation was €2,490 Mil.
Total Current Assets was €39,452 Mil.
Total Current Liabilities was €43,262 Mil.
Net Income was -142 + -292 + 198 + 434 = €198 Mil.

Revenue was 8797 + 9741 + 8942 + 9962 = €37,442 Mil.
Gross Profit was 1139 + 1081 + 1399 + 1972 = €5,591 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(50192 + 51185 + 50874 + 54667 + 54942) / 5 = €52372 Mil.
Total Assets at the begining of last year (Mar24) was €50,192 Mil.
Long-Term Debt & Capital Lease Obligation was €2,938 Mil.
Total Current Assets was €34,059 Mil.
Total Current Liabilities was €36,787 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Siemens Energy AG's current Net Income (TTM) was 2,226. ==> Positive ==> Score 1.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Siemens Energy AG's current Cash Flow from Operations (TTM) was 7,794. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Mar25)
=2226/54942
=0.04051545

ROA (Last Year)=Net Income/Total Assets (Mar24)
=198/50192
=0.00394485

Siemens Energy AG's return on assets of this year was 0.04051545. Siemens Energy AG's return on assets of last year was 0.00394485. ==> This year is higher. ==> Score 1.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

Siemens Energy AG's current Net Income (TTM) was 2,226. Siemens Energy AG's current Cash Flow from Operations (TTM) was 7,794. ==> 7,794 > 2,226 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=2490/57749.6
=0.04311718

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=2938/52372
=0.05609868

Siemens Energy AG's gearing of this year was 0.04311718. Siemens Energy AG's gearing of last year was 0.05609868. ==> This year is lower or equal to last year. ==> Score 1.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Mar26)=Total Current Assets/Total Current Liabilities
=39452/43262
=0.91193195

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=34059/36787
=0.92584337

Siemens Energy AG's current ratio of this year was 0.91193195. Siemens Energy AG's current ratio of last year was 0.92584337. ==> Last year's current ratio is higher ==> Score 0.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

Siemens Energy AG's number of shares in issue this year was 870.605. Siemens Energy AG's number of shares in issue last year was 891.226. ==> There is smaller number of shares in issue this year, or the same. ==> Score 1.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=7558/40142
=0.1882816

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=5591/37442
=0.14932429

Siemens Energy AG's gross margin of this year was 0.1882816. Siemens Energy AG's gross margin of last year was 0.14932429. ==> This year's gross margin is higher. ==> Score 1.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar25)
=40142/54942
=0.73062502

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=37442/50192
=0.74597545

Siemens Energy AG's asset turnover of this year was 0.73062502. Siemens Energy AG's asset turnover of last year was 0.74597545. ==> Last year's asset turnover is higher ==> Score 0.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+1+1+1+0+1+1+0
=7

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Siemens Energy AG has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 7 mean?
Siemens Energy AG (HAM:ENR) has a Piotroski F-Score of 7 as of Jun. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Siemens Energy AG and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, Siemens Energy AG's Piotroski F-Score has ranged from 2.00 to 8.00. According to the industry distribution chart, Siemens Energy AG ranks #275 out of 2979 companies in the Industrial Products industry, placing it in the top 9.2%.
Is Siemens Energy AG's Piotroski F-Score too high?
Siemens Energy AG's current Piotroski F-Score of 7 is 17% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 8.00. The Industrial Products industry median Piotroski F-Score is 5.00. Siemens Energy AG's value of 7 is 40% above this industry median. Based on the distribution chart, Siemens Energy AG ranks #275 out of 2979 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Siemens Energy AG has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Siemens Energy AG's Piotroski F-Score compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Siemens Energy AG ranks #275 out of 2979 companies for Piotroski F-Score. This places Siemens Energy AG in the top 9% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Siemens Energy AG's value of 7 is 40% above this benchmark. Historically, Siemens Energy AG's own Piotroski F-Score has ranged from 2.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Siemens Energy AG has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Piotroski F-Score for an Industrial Products company?
The median Piotroski F-Score among Industrial Products companies is 5.00, based on 2,979 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Siemens Energy AG's current Piotroski F-Score of 7 is 40% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Siemens Energy AG and its competitors. For the Industrial Products industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Siemens Energy AG's current Piotroski F-Score is 7, which is 17% above median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siemens Energy AG stock overvalued right now?
Based on GuruFocus' analysis, Siemens Energy AG (HAM:ENR) is currently considered Significantly Overvalued. The stock's GF Value™ is €57.55, compared to a current price of €163.90 — trading 184.8% above its estimated fair value. The current Piotroski F-Score is 7, which is 17% above median its 10-year median of 6.00 and 40% above the Industrial Products industry median of 5.00. Siemens Energy AG's overall GF Score™ is 64/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Siemens Energy AG (HAM:ENR), the current Piotroski F-Score is 7 as of Jun. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Siemens Energy AG (HAM:ENR) Overvalued in 2026?

Based on GuruFocus' analysis, Siemens Energy AG stock appears to be overvalued. The current stock price of €163.90 is trading 184.8% above its estimated GF Value™ of €57.55. GuruFocus considers Siemens Energy AG to be Significantly Overvalued.

Key valuation signals for HAM:ENR:

  • Piotroski F-Score: 7 (17% above median its 10-year median of 6.00)
  • GF Value™: €57.55 vs. price of €163.90 (184.8% above fair value)
  • GF Score™: 64/100 with 2 warning signs
  • Industry Position: 40% above the Industrial Products median (#275 of 2979)

No single metric tells the full story. See the HAM:ENR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Siemens Energy AG Business Description

Address Otto-Hahn-Ring 6, Munich, BY, DEU, 81739
Siemens Energy manufactures a wide range of equipment used to generate and transmit energy. The group is a product of the spinout from Siemens in 2020, consisting of the power and gas segment and Siemens Gamesa, although its operations go back over 150 years. Approximately one-sixth of global electricity generation is based on its technology.
64GF Score

Get the complete analysis for HAM:ENR

Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€163.90
Price
€57.55
GF Value