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 2,133 - -
Change - -57.31% 25.45% -72.17% 34.06% 155.4% - -
Enterprise Value (EV) 1 5,983 3,501 3,550 2,036 1,913 3,625 3,440 3,477
Change - -41.48% 1.4% -42.65% -6.04% 89.47% -5.08% 1.07%
P/E -131x -4.02x -0.44x -0.79x -6.44x -6.59x -15.9x -115x
PBR 1.33x 0.63x 0.37x 0.51x 0.88x 2.16x 2.68x 2.11x
PEG - -0x -0x 0x 0.1x -0x 0.3x 1.3x
Capitalization / Revenue 0.83x 0.37x 0.62x 0.18x 0.25x 0.66x 0.64x 0.59x
EV / Revenue 1.18x 0.73x 0.99x 0.59x 0.58x 1.11x 1.03x 0.97x
EV / EBITDA 6.22x 4.09x 6.4x 3.66x 3.26x 6.61x 5.64x 5.12x
EV / EBIT 30.2x -21.7x -2.48x -3.72x 18.8x 26.3x 20.2x 19.8x
EV / FCF 12.4x 56.5x -9.47x -30.4x 50.3x -11.6x 441x 28x
FCF Yield 8.1% 1.77% -10.6% -3.29% 1.99% -8.64% 0.23% 3.57%
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 21.43 21.43 21.43
Nbr of stocks (in thousands) 26,067 26,119 98,544 98,751 98,925 99,540 - -
Announcement Date 2/8/22 A 2/7/23 A 2/9/24 A 2/11/25 A 2/9/26 A - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
22.58x12.82x19.43x0.34% 5,435B
23.01x11.3x15.32x1.09% 2,020B
38.27x16.13x23.69x0.74% 1,684B
14.84x9.07x10.93x0.05% 1,222B
110.32x19.99x75.97x-.--% 1,029B
5.27x3.41x4.12x0.19% 1T
-53.29x10.61x29.52x-.--% 646B
246.14x54.08x110.16x-.--% 331B
Average 50.89x 17.18x 36.14x 0.3% 1,671B
Weighted average by Cap. 31.25x 13.43x 24.52x 0.41%

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