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 2,188 - -
Change - -57.31% 25.45% -72.17% 34.06% 162.01% - -
Enterprise Value (EV) 1 5,983 3,501 3,550 2,036 1,913 3,680 3,496 3,532
Change - -41.48% 1.4% -42.65% -6.04% 92.36% -5.01% 1.05%
P/E -131x -4.02x -0.44x -0.79x -6.44x -6.76x -16.3x -118x
PBR 1.33x 0.63x 0.37x 0.51x 0.88x 2.22x 2.75x 2.16x
PEG - -0x -0x 0x 0.1x -0x 0.3x 1.4x
Capitalization / Revenue 0.83x 0.37x 0.62x 0.18x 0.25x 0.67x 0.66x 0.61x
EV / Revenue 1.18x 0.73x 0.99x 0.59x 0.58x 1.13x 1.05x 0.99x
EV / EBITDA 6.22x 4.09x 6.4x 3.66x 3.26x 6.71x 5.73x 5.2x
EV / EBIT 30.2x -21.7x -2.48x -3.72x 18.8x 26.7x 20.5x 20.1x
EV / FCF 12.4x 56.5x -9.47x -30.4x 50.3x -11.8x 448x 28.5x
FCF Yield 8.1% 1.77% -10.6% -3.29% 1.99% -8.51% 0.22% 3.51%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -1.226 -17 -52 -7.94 -1.31 -3.25 -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 1,492 1,308 1,345
Reference price 2 160.33 68.31 22.71 6.31 8.44 21.98 21.98 21.98
Nbr of stocks (in thousands) 26,067 26,119 98,544 98,751 98,925 99,540 - -
Announcement Date 08/02/22 07/02/23 09/02/24 11/02/25 09/02/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
23.24x11.42x15.48x1.08% 2,04000Cr
38.51x16.23x23.84x0.73% 1,69500Cr
5.27x3.41x4.12x0.19% 99TCr
145.41x18.97x46.78x0.09% 23TCr
15.83x5.03x14.48x1.84% 21TCr
5.23x2.7x3.26x1.39% 19TCr
124.41x38.28x114.78x0.21% 10TCr
45.6x4.93x17.8x0.68% 8.65TCr
Average 50.44x 12.62x 30.07x 0.78% 69.33TCr
Weighted average by Cap. 31.06x 11.63x 18.72x 0.79%

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