PSiemens Gamesa Renewable Energy, S.A.Executive Cockpit

Value-Creation Simulator

Pick a scenario or pull the levers — see profit, cash, leverage, covenant headroom and enterprise value move in real time, then stress-test it with AI.

Siemens Gamesa Renewable Energy, S.A. · FY26 (modeled)
#1 global offshore wind OEM
26,000 employees · 7+ US sites · 81 countries
Scenarios
Pull the levers
High6d
One-time working-capital release+$162.7M cash
Med3pt
Shift project work to annuity (~8pt margin premium)+$23.8M EBITDA
Med25%
of $1.20B whitespace → $300.0M revenue+$75.0M EBITDA
High1pt
SG&A synergy · utilization · first-time-fix+$102.0M EBITDA
Market12x
Valuation lens for the Board / PE owner

Recurring carries ~8pt EBITDA premium · cross-sell at 25% incremental margin, 60% recurring · DSO release is one-time working capital · EV at the chosen multiple. Illustrative model on modeled baseline figures.

Enterprise value
$7.45B+$2.41B
from $5.04B baseline · at 12× EBITDA
Rule of 40 (growth + margin)0 → 5
white line = 40, the healthy-platform threshold
Cash freed
$163M
one-time, from −6d DSO
Lands in 0–6 months · funds the next acquisition with no new sales.
EBITDA bridge · $420M → $621M+$201M (6.1% margin)
$420M
+$102M
+$75M
+$24M
Operational gains+$102.0M
Cross-sell whitespace+$75.0M
Recurring mix shift+$23.8M

Ranked by EBITDA contribution — the top bar is the biggest lever in this scenario. (DSO shows as cash, not EBITDA.)

Baseline → scenario
MetricTodayScenarioΔ
Revenue$9.90B→$10.20B
Adj. EBITDA$420M→$621M
EBITDA margin4.2%→6.1%+1.9pt
ARR (recurring)$1.20B→$1.68Bmix 16%
Net leverage2.90x→1.70x-1.20x
Enterprise value$5.04B→$7.45B+$2.41B
Rule of 400→5
Covenant headroom3.80x below the 5.5x ceiling
5.5x covenant
scenario 1.70xtoday 2.90x (line)