OSRAM Licht AG (HAM:OSR) EBIT: €-1,368 Mil (TTM As of Dec. 2023)

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HAM:OSR OSRAM Licht AG HAM:OSR
45 GF Score
Price €53.40
GF Value €174.46
Valuation Possible Value Trap
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What is OSRAM Licht AG EBIT?

OSRAM Licht AG HAM:OSR 45 EBIT is €-1,368 Mil as of Dec. 2023. GuruFocus rates HAM:OSR with a GF Score™ of 45/100 and a GF Value™ of €174.46 (Possible Value Trap).

OSRAM Licht AG's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was €-7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was €-1,368 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. OSRAM Licht AG's annualized ROC % for the quarter that ended in Dec. 2023 was 38.96%. OSRAM Licht AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -0.63%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. OSRAM Licht AG's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -27.20%.

OSRAM Licht AG  (HAM:OSR) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

OSRAM Licht AG's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=2554 * ( 1 - 0% )/( (6555 + 6556)/ 2 )
=2554/6555.5
=38.96 %

where

Invested Capital(Q: Jun. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=7059 - 775 - ( 860 - max(0, 2656 - 2385+860))
=6555

Invested Capital(Q: Dec. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=7401 - 680 - ( 1152 - max(0, 2455 - 2620+1152))
=6556

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

2. Joel Greenblatt's definition of Return on Capital:

OSRAM Licht AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-14/( ( (2224 + max(-1065, 0)) + (2211 + max(-730, 0)) )/ 2 )
=-14/( ( 2224 + 2211 )/ 2 )
=-14/2217.5
=-0.63 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(435 + 804 + 77) - (775 + 0 + 1606)
=-1065

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(470 + 711 + 179) - (680 + 0 + 1410)
=-730

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

OSRAM Licht AG's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-1368/5029.409
=-27.20 %

* 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 EBIT Related Terms

OSRAM Licht AG EBIT Historical Data

* Premium members only.

The historical data trend for OSRAM Licht AG's EBIT 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 EBIT Chart

OSRAM Licht AG Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 273.00 -363.00 -267.00 -136.00 -1,368.00

OSRAM Licht AG Semi-Annual Data
Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Jun22 Dec22 Jun23 Dec23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 59.00 269.00 -405.00 -1,361.00 -7.00

HAM:OSR vs VRT, BE, HUBB: EBIT Comparison

For the Electrical Equipment & Parts subindustry, OSRAM Licht AG's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, OSRAM Licht AG's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where OSRAM Licht AG's EV-to-EBIT falls into.


HAM:OSR
45GF Score
OSRAM Licht AG HAM:OSR
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

OSRAM Licht AG EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-1,368 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of €-1,368 Mil mean?
OSRAM Licht AG (HAM:OSR) has a EBIT of €-1,368 Mil as of Dec. 2023. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on OSRAM Licht AG.
Is OSRAM Licht AG's EBIT too high?
OSRAM Licht AG's current EBIT is €-1,368 Mil. Overall, OSRAM Licht AG has a GF Score™ of 45/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does OSRAM Licht AG's EBIT compare to VRT and BE?
OSRAM Licht AG's EBIT of €-1,368 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Industrial Products company?
A good EBIT depends on the Industrial Products industry context. However, EBIT 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 EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on OSRAM Licht AG. OSRAM Licht AG's current EBIT is €-1,368 Mil. 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 €174.46, compared to a current price of €53.40 — trading 69.4% below its estimated fair value. The current EBIT is €-1,368 Mil. OSRAM Licht AG's overall GF Score™ is 45/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For OSRAM Licht AG (HAM:OSR), the current EBIT is €-1,368 Mil 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.

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 69.4% below its estimated GF Value™ of €174.46. GuruFocus considers OSRAM Licht AG to be Possible Value Trap.

Key valuation signals for HAM:OSR:

  • EBIT: €-1,368 Mil
  • GF Value™: €174.46 vs. price of €53.40 (69.4% below fair value)
  • GF Score™: 45/100

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 Business Description

Other Exchanges OSAGY:USA
Address Tobelbader Strasse 30, Premstaetten, Graz, AUT, 8141
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.
45GF Score

Get the complete analysis for HAM:OSR

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€53.40
Price
€174.46
GF Value