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 AGOSAGF 33 Earnings Yield (Joel Greenblatt) % is -7.72% as of Dec. 2023. GuruFocus rates OSAGF with a GF Score™ of 33/100. Among 3,088 Industrial Products companies, OSRAM Licht AG ranks worse than 76.65% on this metric.
OSRAM Licht AG's Enterprise Value for the quarter that ended in Dec. 2023 was $18,517 Mil.
OSRAM Licht AG's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-1,482 Mil. OSRAM Licht AG's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was -7.72%.
The historical rank and industry rank for OSRAM Licht AG's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
OSAGF's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Industrial Products industry.
Industry Median: 3.28 * Ranked among companies with meaningful Earnings Yield (Joel Greenblatt) % only.
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 Dec. 2023 was -26.44%. 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 (OTCPK:OSAGF) 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
OSAGF 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. 2023 is calculated as
For company reported semi-annually or annually, GuruFocus only calculate annual data for Earnings Yield (Joel Greenblatt) and apply the annual figure to corresponding quarter.
What does a Earnings Yield (Joel Greenblatt) % of -7.72% mean?
OSRAM Licht AG (OSAGF) has a Earnings Yield (Joel Greenblatt) % of -7.72% as of Dec. 2023. 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 #2367 out of 3088 companies in the Industrial Products industry, placing it in the top 76.7%.
Is OSRAM Licht AG's Earnings Yield (Joel Greenblatt) % too high?
OSRAM Licht AG's current Earnings Yield (Joel Greenblatt) % is -7.72%. Based on the distribution chart, OSRAM Licht AG ranks #2367 out of 3088 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, OSRAM Licht AG has a GF Score™ of 33/100, 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 #2367 out of 3088 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 3.28. 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 3.28, based on 3,088 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. 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 3.28 — 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 -7.72%. 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?
OSRAM Licht AG (OSAGF) has a current Earnings Yield (Joel Greenblatt) % of -7.72%. The current Earnings Yield (Joel Greenblatt) % is -7.72%. OSRAM Licht AG's overall GF Score™ is 33/100. 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 (OSAGF), the current Earnings Yield (Joel Greenblatt) % is -7.72% as of Dec. 2023. 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.
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.
33GF Score
Get the complete analysis for OSAGF
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
OSAGF has been successfully added to your 
