How to buy Siemens Shares in 2023

Carolina Caro Mora
10 Min read
There are two ways to invest in Siemens in 2023: buy its shares in cash or speculate on the price movement through Contracts for Difference or CFDs. We analyse the company to find out if it is a stock to consider in our investment portfolio.

History of Siemens

Siemens is a German electrical engineering company offering services in the fields of energy, transportation and health care. The company was founded in 1847 by Ernst Werner von Siemens. The original name of the company, with more than 170 years of history, was 'Telegraphen-Bauanstalt von Siemens & Halske' after the birth of the telegraph. 

In 1848, the company was able to build the longest telegraph line in Europe from Berlin to Frankfurt, stretching over 670 kilometres. Thanks to this new communication technology, news from Frankfurt was able to reach Berlin within a single hour.

Another major milestone in the company's history is that Werner von Siemens discovered the dynamo process and was the first to patent it in 1866.

In 1879, the company, then known as Siemens & Halske, introduced the first electric railway controlled by an external power source.

Merger with EAG

In 1873, Sigmund Schuckert founded an engineering workshop in Nuremberg under the name Schuckert & Co (EAG). 

By 1900, EAG had built 120 power plants in Europe but, like other companies in the sector, it went into crisis at the beginning of the 20th century. It was then that it merged with the heavy-duty engineering companies of Siemens & Halske, whereby Siemens' operations were split into two parts: 

  • Siemens & Halske for the low-voltage market.
  • Siemens-Schuckertwerke for the high-voltage market.

Of course, there are countless other inventions and developments related to Siemens, such as the first electric street lighting network, telephones, memory chips, database services, and many more. 

In 1966 it received the name we know it by today, Siemens AG. 

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Siemens Quote Analysis

As the German economy began to grow significantly in the 1880s, Siemens & Halske became increasingly competitive. The company became a public limited company in 1897 to ensure its competitiveness and sustainability. 

On 8 March 1899 they issued their first shares on the Xetra stock exchange in Frankfurt. At the last update of this article, in February 2023, the Siemens share was worth 145 euros. 

Below, we can see the development of the Siemens share price over the last 13 years. The price peaked at the end of 2021, at 157 euros, but then entered a bearish channel that led it to lose 100 euros per share.

Admirals MetaTrader 5. Siemens weekly chart. Data range: 7 November 2010 to 20 February 2023. Produced on 20 February 2023 at 12.30 CET. Please note that past performance is not a reliable guarantee of future results.

After forming a double bottom in the summer of 2022, the price rebounded and, at the time of updating this article, was at 145 euros. We can see how the price is making a "V" in the direction of its all-time high. Will it manage to reach it again? 

Please note that Siemens shares are currently listed on several indices: 

  • DAX40 
  • S&P Global 100 
  • Dow Jones EuroStoxx 50 
  • Dow Jones Sustainability Index 
  • Global Titans 

The graph below shows how Siemens shares performed relative to the DAX index over the past two years:

Source: Siemens official website. Screenshot of 20 February 2023

Let's look at it in comparison to the S&P500 index:

Source: Siemens official website. Screenshot of 20 February 2023

Siemens Share Price | 2023

Let us now look at a shorter time frame chart to analyze the movement more closely:

Source: Admirals MetaTrader 5. Siemens weekly chart. Data range: 9 November 2021 to 20 February 2023. Produced on 20 February 2023 at 13.30 CET. Please note that past performance does not guarantee future returns

In a shorter time horizon we can see how throughout 2022 the price falls to form a double bottom at 96 euros per share. From there, in September 2022, it manages to rebound and starts a very pronounced uptrend that still continues today and has taken it to 145 euros, a level where it is encountering greater resistance as can be seen in the chart.

Siemens Results

Regarding Siemens' corporate results, the year 2022 was positive for its accounts, hence the revaluation of its share price. In its last full financial year, ending 30 September 2022, the company managed to increase its revenues by 8 % to 72 billion euros. Profit in the industrial business reached a new record high at EUR 10.3 billion, up 17%. 

As for the first quarter of its fiscal year 2023 (1 October to 31 December 2022), despite a decrease in profit compared to the first quarter of 2022, the company has improved its full-year forecast:

  • Revenues reached EUR 18.1 billion, up 8% from a year earlier. 
  • Profit: EUR 1636 million, 9% lower than in Q1 2022. 
  • It expects basic EPS before EPS to increase to a range between EUR 8.90 and 9.40 (previously between EUR 8.70 and 9.20).

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Siemens Shares | How Can I Invest?

Siemens shares are bought and traded on the Frankfurt Stock Exchange. Admirals offers two options to invest in Siemens: either by buying the shares directly or through derivative products such as Contracts for Difference (CFDs) which also allow you to take advantage of downward trends. 

With CFDs, if you think the price will fall, you can open a short position, while if you think it will rise, you can open a long position. In addition, you can use leverage, a tool that allows you to multiply your profits but which must be used with care because it can also increase your losses in the same proportion. 

Buy or Sell Siemens Shares in 6 Steps

To Buy or Sell Siemens shares with Admirals just follow these steps:

  1. Open a live trading account or open a free demo account. 
  2. Download the free MetaTrader 5 platform
  3. Open the Market Watch window by selecting 'View' from the top menu. A list of symbols will open on the left side of the chart. 
  4. If you do not find the symbol you are looking for, you can click directly on Symbols in the 'View' tab menu. This will open a window with all available symbols. In the search box type 'Siemens', then click 'Show symbol' and click 'OK'. 
  5. In the Market Watch menu you will find Siemens. Now just drag it to the chart and click on it with the right mouse button. 
  6. In the menu select Trades and then New Order. A window will open where you can Buy at Market or Sell at Market.

Siemens Dividends

In the table below we can see how Siemens AG's dividends have been increasing year on year since 2016, which is a good sign for those who invest with dividends in mind.

Source: Siemens Corporate Website

The dividend yield, however, has declined compared to the years prior to the Covid-19 pandemic, which hit Siemens' results hard. At the end of 2022 it stood at 2.8%, unchanged from 2021. 

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INFORMATION ABOUT ANALYTICAL MATERIALS:

The given data provides additional information regarding all analysis, estimates, prognosis, forecasts, market reviews, weekly outlooks or other similar assessments or information (hereinafter “Analysis”) published on the websites of Admiral Markets investment firms operating under the Admiral Markets and Admirals trademarks (hereinafter “Admirals”). Before making any investment decisions please pay close attention to the following:
1. This is a marketing communication. The content is published for informative purposes only and is in no way to be construed as investment advice or recommendation. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and that it is not subject to any prohibition on dealing ahead of the dissemination of investment research.
2. Any investment decision is made by each client alone whereas Admirals shall not be responsible for any loss or damage arising from any such decision, whether or not based on the content.
3. With view to protecting the interests of our clients and the objectivity of the Analysis, Admirals has established relevant internal procedures for prevention and management of conflicts of interest.
4. The Analysis is prepared by an independent analyst (hereinafter “Author”) based on the NAME +(Position) personal estimations.
5. Whilst every reasonable effort is taken to ensure that all sources of the content are reliable and that all information is presented, as much as possible, in an understandable, timely, precise and complete manner, Admirals does not guarantee the accuracy or completeness of any information contained within the Analysis.
6. Any kind of past or modeled performance of financial instruments indicated within the content should not be construed as an express or implied promise, guarantee or implication by Admirals for any future performance. The value of the financial instrument may both increase and decrease and the preservation of the asset value is not guaranteed.
7. Leveraged products (including contracts for difference) are speculative in nature and may result in losses or profit. Before you start trading, please ensure that you fully understand the risks involved.

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