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OSRAM Licht AGHAM:OSR -0.37%55 Earnings Yield (Joel Greenblatt) % is 0.21% as of Mar. 2026. GuruFocus rates HAM:OSR with a GF Score™ of 55/100 and a GF Value™ of €173.10 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 3,086 Industrial Products companies, OSRAM Licht AG ranks worse than 74.72% on this metric.
OSRAM Licht AG's Enterprise Value for the quarter that ended in Mar. 2026 was €6,137.4 Mil.
OSRAM Licht AG's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €13.0 Mil. OSRAM Licht AG's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 0.21%.
The historical rank and industry rank for OSRAM Licht AG's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
HAM:OSR'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -11.57 Med: -2.04 Max: 20.67
Current: 0.26
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of OSRAM Licht AG was 20.67%. The lowest was -11.57%. And the median was -2.04%.
HAM:OSR's Earnings Yield (Joel Greenblatt) % is ranked worse than 74.72% of 3086
companies
in the Industrial Products industry
Industry Median: 3.52
vs HAM:OSR: 0.26
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. OSRAM Licht AG's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was -26.62%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.
OSRAM Licht AG (HAM:OSR) Earnings Yield (Joel Greenblatt) % Explanation
Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.
Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.
Be Aware
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
OSRAM Licht AG Earnings Yield (Joel Greenblatt) % Related Terms
OSRAM Licht AG Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for OSRAM Licht AG's Earnings Yield (Joel Greenblatt) % 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.
OSRAM Licht AG Earnings Yield (Joel Greenblatt) % Chart
HAM:OSR vs VRT, BE, HUBB: Earnings Yield (Joel Greenblatt) % Comparison
For the Electrical Equipment & Parts subindustry, OSRAM Licht AG's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % 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 Earnings Yield (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, OSRAM Licht AG's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where OSRAM Licht AG's Earnings Yield (Joel Greenblatt) % falls into.
OSRAM Licht AG Earnings Yield (Joel Greenblatt) % Calculation
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
OSRAM Licht AGs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
OSRAM Licht AG's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €13.0 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 0.21% mean?
OSRAM Licht AG (HAM:OSR) has a Earnings Yield (Joel Greenblatt) % of 0.21% as of Mar. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on OSRAM Licht AG and its competitors. According to the industry distribution chart, OSRAM Licht AG ranks #2306 out of 3086 companies in the Industrial Products industry, placing it in the top 74.7%.
Is OSRAM Licht AG's Earnings Yield (Joel Greenblatt) % too high?
OSRAM Licht AG's current Earnings Yield (Joel Greenblatt) % is 0.21%. The Industrial Products industry median Earnings Yield (Joel Greenblatt) % is 3.52. OSRAM Licht AG's value of 0.21% is 94% below this industry median. Based on the distribution chart, OSRAM Licht AG ranks #2306 out of 3086 companies in the Industrial Products industry, which is below the industry midpoint. 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 Earnings Yield (Joel Greenblatt) % compare to VRT and BE?
According to the Industrial Products industry distribution chart, OSRAM Licht AG ranks #2306 out of 3086 companies for Earnings Yield (Joel Greenblatt) %. This places OSRAM Licht AG in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 3.52. OSRAM Licht AG's value of 0.21% is 94% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for an Industrial Products company?
The median Earnings Yield (Joel Greenblatt) % among Industrial Products companies is 3.52, based on 3,086 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. OSRAM Licht AG's current Earnings Yield (Joel Greenblatt) % of 0.21% is 94% below 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 Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on OSRAM Licht AG and its competitors. For the Industrial Products industry, the median Earnings Yield (Joel Greenblatt) % is 3.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OSRAM Licht AG's current Earnings Yield (Joel Greenblatt) % is 0.21%. 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 €173.10, compared to a current price of €53.20 — trading 69.3% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 0.21% and 94% below the Industrial Products industry median of 3.52. 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 Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For OSRAM Licht AG (HAM:OSR), the current Earnings Yield (Joel Greenblatt) % is 0.21% 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 €53.20 is trading 69.3% below its estimated GF Value™ of €173.10.
GuruFocus considers OSRAM Licht AG to be Possible Value Trap.
Key valuation signals for HAM:OSR:
Earnings Yield (Joel Greenblatt) %: 0.21%
GF Value™: €173.10 vs. price of €53.20 (69.3% below fair value)
Industry Position: 94% below the Industrial Products median (#2306 of 3086)
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
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