
18.33 CHF (−23.8%)
9 analysts
What does it do?
AMS-OSRAM is a manufacturer of sensors and lighting and optoelectronics solutions for automotive, industrial, and consumer applications, with a business model based on the design and production of specialized semiconductors.
Listed on SIX Swiss Exchange · Symbol AMS.SW · SWX: AMS · Currency CHF
Key points
from its scores- ✓Good share-price trend8.5
- ✕Little or no dividend1.5
- ✕Little competitive advantage1.7
- ✕Unfavourable risk and backdrop2.7
AI analysis
bottom line, main risk, context and newsHold, given the strong momentum and reasonable valuation, but with caution due to weak profitability and low operating margin.
AMS-OSRAM shows moderate financial health (4.43) with a net debt/EBITDA of 2.95, but its quality is very weak (1.67) with a negative ROE (-37.62%) and a low operating margin (1.12%). Revenue growth is modest (3.90%) and it pays no dividend. Its valuation is reasonable (forward PER 24.35, EV/EBITDA 8.32) and momentum is strong (62.08), but return on capital is concerning.
The main risk is the low return on capital (ROE -37.62%) and the narrow operating margin (1.12%), indicating a limited ability to generate shareholder value in a rising rate environment.
Context and risks
The company operates in the semiconductor sector, an area under regulatory scrutiny and export controls globally. Although its domicile in Austria implies moderate governance risk, exposure to the supply chain and potential trade restrictions in the technology sector justifies a cautious adjustment.
Is AMS-OSRAM stock cheap or expensive?
at the analysis dateOn EV / EBITDA, it trades 59% below the Technology median.
| Multiple | Company | Sector | Difference |
|---|---|---|---|
| EV / EBITDA | 8.3 | 20.4 | −59% |
| Price / book | 2.7 | 6.3 | −57% |
| Price / sales | 0.8 | 5.3 | −85% |
Sector: median of the 283 Technology companies analysed. In bold, the multiples used for the comparison.
Valuation score: 5.0 out of 10 (median for Technology: 5.3).
Average analyst target: 18.33 CHF, −23.8% versus the price.
A discount may reflect more risk or slower growth than its sector: Financial health 4.4 (sector 6.9), Growth 4.9 (sector 7.5).
Work out its fair value yourself →How much would you have made investing every month? →
Comparing it with its sector does not say whether it is a good buy: this is not investment advice.
Score by category
0 to 10 · hover overtap each one to see what it measuresKey metrics
at the analysis date · compared with the Technology medianValuation
- Forward P/E
- 24.4
- EV / EBITDA
- 8.3
- Price / book
- 2.7
- Price / sales
- 0.8
- PEG
- 0.21
- Market cap
- 2.4B CHF
- Enterprise value
- 4.0B EUR
Profitability
- ROE
- −37.6%
- ROA
- 1.2%
- ROIC (approx.)
- 1.1%
- Gross margin
- 29.0%
- Operating margin
- 1.1%
- Net margin
- −9.7%
- Free cash flow
- −9.2M EUR
- FCF yield
- −0.4%
- Cash conversion
- −2%
Solvency
- Total debt
- 2.4B EUR
- Net debt
- 1.4B EUR
- Cash
- 994.0M EUR
- EBITDA
- 477.0M EUR
- Net debt / EBITDA
- 2.95
- Debt / equity
- 334.73
- Current ratio
- 1.31
- Quick ratio
- 0.70
Growth
- Revenue growth
- +3.9%
- EPS (TTM)
- −3.03 CHF
- EPS (forward)
- 0.99 CHF
Dividend
- Dividend yield
- 0.0%
- Payout
- 0.0%
Risk and market
- Beta
- 1.71
- Analyst consensus
- Hold (9)
- Target price
- 18.33 CHF
- 52-week range
- 6.85 – 25.50
Recent news
All AMS.SW news →Compare it with its sector
All 283 in Technology →Frequently asked questions about AMS-OSRAM
Is AMS-OSRAM stock cheap or expensive?
On EV / EBITDA, it trades 59% below the Technology median. Valuation score: 5.0 out of 10 (median for Technology: 5.3). Average analyst target: 18.33 CHF, −23.8% versus the price. This is not investment advice.
What score does AMS-OSRAM get on MeridIAn Screener?
It scores 4.0 out of 10, rank 1,964 of 2,130 (better than 7% of the companies analysed). Its strongest category is Momentum (8.5) and its weakest, Dividend (1.5). Analysis of 08/10/2026.
How much is AMS-OSRAM worth on the stock market?
Its market capitalisation is 2.4B CHF and its enterprise value, debt included, is 4.0B CHF.
How much debt does AMS-OSRAM have?
Its net debt (debt minus cash) is 1.4B EUR. That is 2.95 times its EBITDA; the Technology median is 0.20.
Does AMS-OSRAM pay a dividend?
It pays no dividend, or almost none.
How has AMS-OSRAM stock performed over the last year?
It has risen 113.5% over the last year, excluding dividends. Over the last 52 weeks it has traded between 6.85 and 25.50 CHF. Past performance does not guarantee future results.
What do analysts think of AMS-OSRAM?
9 analysts cover it; their average recommendation is “Hold” and their average target is 18.33 CHF (−23.8% versus the price). It is an estimate, not market data.
