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SMAWF - Siemens Is A Great Opportunity At Only 9.8x TTM P/E
Siemens AG
Siemens (OTCPK:SIEGY) has seen its share price fall drastically amid the COVID-19 pandemic and now trades at only 9.8x TTM P/E with a 5.2% dividend yield. As a cyclical industrial company, Siemens' share price has fallen 38% over the past 3 months which is more than the overall market. This article will discuss the historic profitability of Siemens and take a look at its dividend coverage and financial leverage before getting a sense of a cyclically adjusted valuation. This global behemoth looks like a great company to load up on during this market