OSRAM Licht AG

SWX:OSR Stock Report

Market Cap: CHF 4.5b

OSRAM Licht Valuation

Is OSR undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of OSR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
CHF 34.36
Fair Value
29.2% overvalued intrinsic discount
0
Number of Analysts

Below Fair Value: OSR (CHF44.4) is trading above our estimate of fair value (CHF34.36)

Significantly Below Fair Value: OSR is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for OSR?

Key metric: As OSR barely has revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for OSR. This is calculated by dividing OSR's market cap by their current book value.
What is OSR's PB Ratio?
PB Ratio2.3x
Book€2.11b
Market Cap€4.77b

Price to Book Ratio vs Peers

How does OSR's PB Ratio compare to its peers?

The above table shows the PB ratio for OSR vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average7x
HUBN Huber+Suhner
2.2x15.38%CHF 1.4b
PMN Phoenix Mecano
1.7x12.65%CHF 429.6m
ABBN ABB
7.7x7.42%CHF 87.1b
ACLN Accelleron Industries
16.3x10.18%CHF 4.5b
OSR OSRAM Licht
2.3xn/aCHF 4.8b

Price-To-Book vs Peers: OSR is good value based on its Price-To-Book Ratio (2.3x) compared to the peer average (7x).

Price to Book Ratio vs Industry

How does OSR's PB Ratio compare vs other companies in the European Electrical Industry?

8 CompaniesPrice / BookEstimated GrowthMarket Cap
OSR 2.3xIndustry Avg. 1.8xNo. of Companies20PB01.22.43.64.86+
8 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: OSR is expensive based on its Price-To-Book Ratio (2.3x) compared to the European Electrical industry average (1.8x).

Price to Book Ratio vs Fair Ratio

What is OSR's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

OSR PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio2.3x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate OSR's Price-To-Book Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/16 19:18
End of Day Share Price 2025/05/16 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

OSRAM Licht AG is covered by 30 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Guenther HollfelderBaader Helvea Equity Research
David VosBarclays
William MackieBerenberg