Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
OSRAM Licht AGHAM:OSR +0.38%55 Debt-to-Equity is 2.88 as of Mar. 2026, which is 638% above its 10-year median of 0.39. GuruFocus rates HAM:OSR with a GF Score™ of 55/100 and a GF Value™ of €172.59 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 2,679 Industrial Products companies, OSRAM Licht AG ranks worse than 98.21% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for OSRAM Licht AG's Debt-to-Equity or its related term are showing as below:
HAM:OSR'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.39 Max: 2.88
Current: 2.88
During the past 13 years, the highest Debt-to-Equity Ratio of OSRAM Licht AG was 2.88. The lowest was 0.03. And the median was 0.39.
HAM:OSR's Debt-to-Equity is ranked worse than 98.21% of 2679
companies
in the Industrial Products industry
Industry Median: 0.28
vs HAM:OSR: 2.88
OSRAM Licht AG (HAM:OSR) Debt-to-Equity Explanation
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
OSRAM Licht AG Debt-to-Equity Related Terms
OSRAM Licht AG Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for OSRAM Licht AG's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
HAM:OSR vs VRT, BE, HUBB: Debt-to-Equity Comparison
For the Electrical Equipment & Parts subindustry, OSRAM Licht AG's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
OSRAM Licht AG Debt-to-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, OSRAM Licht AG's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where OSRAM Licht AG's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
OSRAM Licht AG (HAM:OSR) has a Debt-to-Equity of 2.88 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on OSRAM Licht AG and its competitors. This is 638% above median its historical median of 0.39. Over the past decade, OSRAM Licht AG's Debt-to-Equity has ranged from 0.03 to 2.88. According to the industry distribution chart, OSRAM Licht AG ranks #2631 out of 2679 companies in the Industrial Products industry, placing it in the top 98.2%.
Is OSRAM Licht AG's Debt-to-Equity too high?
OSRAM Licht AG's current Debt-to-Equity of 2.88 is 638% above median its 10-year median of 0.39. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 2.88. The Industrial Products industry median Debt-to-Equity is 0.28. OSRAM Licht AG's value of 2.88 is 928.6% above this industry median. Based on the distribution chart, OSRAM Licht AG ranks #2631 out of 2679 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, OSRAM Licht AG has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does OSRAM Licht AG's Debt-to-Equity compare to VRT and BE?
According to the Industrial Products industry distribution chart, OSRAM Licht AG ranks #2631 out of 2679 companies for Debt-to-Equity. This places OSRAM Licht AG in the lower half of its industry. The industry median Debt-to-Equity is 0.28. OSRAM Licht AG's value of 2.88 is 928.6% above this benchmark. Historically, OSRAM Licht AG's own Debt-to-Equity has ranged from 0.03 to 2.88 over the past decade. While the company's 10-year median is 0.39 vs. the industry median of 0.28, OSRAM Licht AG has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Industrial Products company?
The median Debt-to-Equity among Industrial Products companies is 0.28, based on 2,679 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. OSRAM Licht AG's current Debt-to-Equity of 2.88 is 928.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on OSRAM Licht AG and its competitors. For the Industrial Products industry, the median Debt-to-Equity is 0.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OSRAM Licht AG's current Debt-to-Equity is 2.88, which is 638% above median its own 10-year median of 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OSRAM Licht AG stock overvalued right now?
Based on GuruFocus' analysis, OSRAM Licht AG (HAM:OSR) is currently considered Possible Value Trap. The stock's GF Value™ is €172.59, compared to a current price of €53.40 — trading 69.1% below its estimated fair value. The current Debt-to-Equity is 2.88, which is 638% above median its 10-year median of 0.39 and 928.6% above the Industrial Products industry median of 0.28. OSRAM Licht AG's overall GF Score™ is 55/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For OSRAM Licht AG (HAM:OSR), the current Debt-to-Equity is 2.88 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is OSRAM Licht AG (HAM:OSR) Overvalued in 2026?
Based on GuruFocus' analysis, OSRAM Licht AG stock appears to be undervalued.
The current stock price of €53.40 is trading 69.1% below its estimated GF Value™ of €172.59.
GuruFocus considers OSRAM Licht AG to be Possible Value Trap.
Key valuation signals for HAM:OSR:
Debt-to-Equity: 2.88 (638% above median its 10-year median of 0.39)
GF Value™: €172.59 vs. price of €53.40 (69.1% below fair value)
Industry Position: 928.6% above the Industrial Products median (#2631 of 2679)
No single metric tells the full story. See the HAM:OSR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
OSRAM Licht AG is a provider of lighting and sensor technology solutions. The company's products include LED's, Drivers, Lasers, Photodetectors, multi-chips, Sensor solutions, Interfaces, Full-service foundry, ASICs and customized solutions, Lamps, and Boards, kits & accessories. Its segments include Opto Semiconductors (OS), CMOS Sensors & ASICs (CSA), and the Lamps & Systems (L&S) segments. The Opto Semiconductors and CMOS Sensors & ASICs segments cover semiconductor-based products and solutions (including LEDs) for customers in the automotive, consumer, industrial, and medical technology end markets. The Lamps & Systems segment includes lamps and lighting systems; it focuses on the automotive and industrial end markets.
55GF Score
Get the complete analysis for HAM:OSR
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HAM:OSR has been successfully added to your 
