Company Valuation: ams-OSRAM AG

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 4,179 1,784 2,238 622.9 835 1,914 - -
Change - -57.31% 25.45% -72.17% 34.06% 129.2% - -
Enterprise Value (EV) 1 5,983 3,501 3,550 2,036 1,913 3,395 3,198 3,229
Change - -41.48% 1.4% -42.65% -6.04% 77.45% -5.78% 0.96%
P/E -131x -4.02x -0.44x -0.79x -6.44x -6.71x -13.6x -111x
PBR 1.33x 0.63x 0.37x 0.51x 0.88x 2.01x 2.52x 1.96x
PEG - -0x -0x 0x 0.1x -0x 0.3x 1.3x
Capitalization / Revenue 0.83x 0.37x 0.62x 0.18x 0.25x 0.59x 0.58x 0.54x
EV / Revenue 1.18x 0.73x 0.99x 0.59x 0.58x 1.05x 0.96x 0.91x
EV / EBITDA 6.22x 4.09x 6.4x 3.66x 3.26x 6.18x 5.25x 4.76x
EV / EBIT 30.2x -21.7x -2.48x -3.72x 18.8x 24.6x 19.5x 18.7x
EV / FCF 12.4x 56.5x -9.47x -30.4x 50.3x -10.8x 410x 26x
FCF Yield 8.1% 1.77% -10.6% -3.29% 1.99% -9.22% 0.24% 3.84%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -1.226 -17 -52 -7.94 -1.31 -2.864 -1.415 -0.1724
Distribution rate - - - - - - - -
Net sales 1 5,058 4,819 3,590 3,428 3,323 3,239 3,319 3,561
EBITDA 1 961.6 857 555 557 586 549.2 609.7 679
EBIT 1 197.9 -161 -1,430 -547 102 137.8 164.3 172.7
Net income 1 -31.53 -444 -1,613 -785 -129 -304.3 -90.79 -0.6803
Net Debt 1 1,803 1,717 1,312 1,413 1,078 1,481 1,284 1,315
Reference price 2 160.33 68.31 22.71 6.31 8.44 19.23 19.23 19.23
Nbr of stocks (in thousands) 26,067 26,119 98,544 98,751 98,925 99,540 - -
Announcement Date 2/8/22 2/7/23 2/9/24 2/11/25 2/9/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
23.02x13.15x19.9x0.33% 5,563B
22.45x11.01x14.92x1.12% 1,975B
38.82x16.3x23.86x0.73% 1,703B
13.99x8.52x10.29x0.05% 1,148B
4.72x2.94x3.55x0.23% 891B
83.35x15.1x56.75x-.--% 780B
-41.53x8.35x23.23x-.--% 503B
201.33x43.75x89.24x-.--% 269B
Average 43.27x 14.89x 30.22x 0.31% 1,604B
Weighted average by Cap. 27.83x 12.69x 21.49x 0.43%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield