1. Pair Trade: Long Schneider Electric - Short Siemens
Wednesday, January 2nd 2013
Companies Description Investment Case
Market Price Data
Schneider Electric (SU FP)
Last Price (€) 56.540
YTD Change 3.17%
Mkt Cap (€ bn) 31.331
Siemens (SIE GY)
Last Price (€) 83.660
YTD Change 1.80%
Mkt Cap (€ bn) 73.722
Source: Bloomberg
Analysts Recommendations:
Source: Bloomberg
Market Multiples
P/E EPS DY Net Debt Technical Comment
2013 2011/14 2013 /EBITDA
Est. CAGR Est. Est. Est. 2013
SU FP 13.6 11.0% 3.1% 1.0
SIE GY (*) 13.6 -2.0% 3.8% 1.0
(*) Siemens fiscal year ends in September
Source: Bloomberg
Next Report Date & Events
SU FP 2012 Annual Results Feb 21th, 2013
Q1 2013 Sales Apr 23rd, 2013
SIE GY Q1 Report and
Analyst Call Jan 23rd, 2013
Source: Companies information
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