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 1,721 - -
Change - -57.31% 25.45% -72.17% 34.06% 106.15% - -
Enterprise Value (EV) 1 5,983 3,501 3,550 2,036 1,913 3,213 3,029 3,066
Change - -41.48% 1.4% -42.65% -6.04% 67.98% -5.73% 1.21%
P/E -131x -4.02x -0.44x -0.79x -6.44x -5.95x -12.9x -92.8x
PBR 1.33x 0.63x 0.37x 0.51x 0.88x 1.8x 2.22x 1.76x
PEG - -0x -0x 0x 0.1x -0x 0.2x 1.1x
Capitalization / Revenue 0.83x 0.37x 0.62x 0.18x 0.25x 0.53x 0.52x 0.48x
EV / Revenue 1.18x 0.73x 0.99x 0.59x 0.58x 0.99x 0.91x 0.85x
EV / EBITDA 6.22x 4.09x 6.4x 3.66x 3.26x 5.85x 4.97x 4.52x
EV / EBIT 30.2x -21.7x -2.48x -3.72x 18.8x 23.3x 17.8x 17.5x
EV / FCF 12.4x 56.5x -9.47x -30.4x 50.3x -10.3x 388x 24.7x
FCF Yield 8.1% 1.77% -10.6% -3.29% 1.99% -9.75% 0.26% 4.04%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -1.226 -17 -52 -7.94 -1.31 -2.907 -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 1 961.6 857 555 557 586 549.2 609.7 679
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 1,492 1,308 1,345
Reference price 2 160.33 68.31 22.71 6.31 8.44 17.29 17.29 17.29
Nbr of stocks (in thousands) 26,067 26,119 98,544 98,751 98,925 99,540 - -
Announcement Date 8/2/22 7/2/23 9/2/24 11/2/25 9/2/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
21.22x12x18.18x0.36% 5,094B
22.16x10.87x14.73x1.14% 1,941B
37.39x15.77x23.16x0.75% 1,646B
12.7x7.71x9.32x0.06% 1,044B
4.86x3.07x3.71x0.21% 918B
86.32x15.59x59.24x-.--% 805B
-42.11x8.46x23.56x-.--% 511B
190.26x41.47x84.45x-.--% 255B
Average 41.60x 14.37x 29.54x 0.32% 1,527B
Weighted average by Cap. 26.77x 11.99x 20.77x 0.45%

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

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