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 2,265 - -
Change - -57.31% 25.45% -72.17% 34.06% 171.26% - -
Enterprise Value (EV) 1 5,983 3,501 3,550 2,036 1,913 3,775 3,588 3,622
Change - -41.48% 1.4% -42.65% -6.04% 97.33% -4.96% 0.97%
P/E -131x -4.02x -0.44x -0.79x -6.44x -6.74x -16.9x -122x
PBR 1.33x 0.63x 0.37x 0.51x 0.88x 2.3x 2.85x 2.24x
PEG - -0x -0x 0x 0.1x -0x 0.3x 1.4x
Capitalization / Revenue 0.83x 0.37x 0.62x 0.18x 0.25x 0.7x 0.68x 0.63x
EV / Revenue 1.18x 0.73x 0.99x 0.59x 0.58x 1.16x 1.07x 1.01x
EV / EBITDA 6.22x 4.09x 6.4x 3.66x 3.26x 6.89x 5.88x 5.33x
EV / EBIT 30.2x -21.7x -2.48x -3.72x 18.8x 27.4x 21.1x 20.7x
EV / FCF 12.4x 56.5x -9.47x -30.4x 50.3x -12.1x 460x 29.2x
FCF Yield 8.1% 1.77% -10.6% -3.29% 1.99% -8.3% 0.22% 3.42%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -1.226 -17 -52 -7.94 -1.31 -3.378 -1.345 -0.1864
Distribution rate - - - - - - - -
Net sales 1 5,058 4,819 3,590 3,428 3,323 3,251 3,340 3,586
EBITDA 1 961.6 857 555 557 586 548.2 609.7 679
EBIT 1 197.9 -161 -1,430 -547 102 137.8 170.3 175.3
Net income 1 -31.53 -444 -1,613 -785 -129 -312.8 -82.72 -2.985
Net Debt 1 1,803 1,717 1,312 1,413 1,078 1,510 1,323 1,357
Reference price 2 160.33 68.31 22.71 6.31 8.44 22.76 22.76 22.76
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
22.79x12.95x19.62x0.33% 5,486B
23.01x11.3x15.32x1.09% 2,014B
38.52x16.23x23.84x0.73% 1,695B
14.5x8.9x10.7x0.05% 1,203B
106.29x19.25x73.16x-.--% 992B
5x3.22x3.89x0.2% 949B
-50.23x10.02x27.88x-.--% 609B
232.94x51.14x104.16x-.--% 314B
Average 49.10x 16.63x 34.82x 0.3% 1,658B
Weighted average by Cap. 30.67x 13.29x 23.96x 0.42%

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