Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
OSRAM Licht AG's operating assets for the quarter that ended in Mar. 2026 was €5,134.0 Mil. OSRAM Licht AG's operating liabilities for the quarter that ended in Mar. 2026 was €3,310.0 Mil. OSRAM Licht AG's Total Assets for the quarter that ended in Dec. 2025 was €6,812.0 Mil. Therefore, OSRAM Licht AG's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.27.
OSRAM Licht AG Scaled Net Operating Assets Related Terms
OSRAM Licht AG Scaled Net Operating Assets Historical Data
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The historical data trend for OSRAM Licht AG's Scaled Net Operating Assets 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, NVT: Scaled Net Operating Assets Comparison
For the Electrical Equipment & Parts subindustry, OSRAM Licht AG's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, OSRAM Licht AG's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where OSRAM Licht AG's Scaled Net Operating Assets 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.
What does a Scaled Net Operating Assets of 0.27 mean?
OSRAM Licht AG (HAM:OSR) has a Scaled Net Operating Assets of 0.27 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on OSRAM Licht AG and its competitors.
Is OSRAM Licht AG's Scaled Net Operating Assets too high?
OSRAM Licht AG's current Scaled Net Operating Assets is 0.27. Overall, OSRAM Licht AG has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does OSRAM Licht AG's Scaled Net Operating Assets compare to VRT and BE?
OSRAM Licht AG's Scaled Net Operating Assets of 0.27 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 Scaled Net Operating Assets for an Industrial Products company?
A good Scaled Net Operating Assets depends on the Industrial Products industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on OSRAM Licht AG and its competitors. OSRAM Licht AG's current Scaled Net Operating Assets is 0.27. 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 €97.64, compared to a current price of €53.20 — trading 45.5% below its estimated fair value. The current Scaled Net Operating Assets is 0.27. OSRAM Licht AG's overall GF Score™ is 59/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For OSRAM Licht AG (HAM:OSR), the current Scaled Net Operating Assets is 0.27 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 45.5% below its estimated GF Value™ of €97.64.
GuruFocus considers OSRAM Licht AG to be Possible Value Trap.
Key valuation signals for HAM:OSR:
Scaled Net Operating Assets: 0.27
GF Value™: €97.64 vs. price of €53.20 (45.5% below fair value)
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.
59GF Score
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