OSRAM Licht AG
OSRAM Licht AG provides lighting products and sensor solutions worldwide. It engages in opto semiconductors, automotive, and digital business. OSRAM Licht AG was formerly known as Kyros A AG and changed its name to OSRAM Licht AG in November 2012. The company was founded in 1906 and is headquartered in Munich, Germany. OSRAM Licht AG operates as a subsidiary of ams-OSRAM AG.
OSRAM Licht AG (OSAGF) - Net Assets
Latest net assets as of June 2024: $1.22 Billion USD
Based on the latest financial reports, OSRAM Licht AG (OSAGF) has net assets worth $1.22 Billion USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($6.69 Billion) and total liabilities ($5.47 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.22 Billion |
| % of Total Assets | 18.28% |
| Annual Growth Rate | -0.49% |
| 5-Year Change | -0.8% |
| 10-Year Change | -13.93% |
| Growth Volatility | 19.03 |
OSRAM Licht AG - Net Assets Trend (2013–2023)
This chart illustrates how OSRAM Licht AG's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for OSRAM Licht AG (2013–2023)
The table below shows the annual net assets of OSRAM Licht AG from 2013 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $2.07 Billion | -27.06% |
| 2022-12-31 | $2.83 Billion | +41.17% |
| 2021-12-31 | $2.01 Billion | +15.53% |
| 2020-12-31 | $1.74 Billion | -16.61% |
| 2019-12-31 | $2.08 Billion | -22.16% |
| 2018-12-31 | $2.68 Billion | +8.78% |
| 2017-12-31 | $2.46 Billion | -1.05% |
| 2016-12-31 | $2.49 Billion | +0.16% |
| 2015-12-31 | $2.48 Billion | +3.38% |
| 2014-12-31 | $2.40 Billion | +10.67% |
| 2013-12-31 | $2.17 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to OSRAM Licht AG's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 629.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $96.85 Million | 4.69% |
| Other Comprehensive Income | $2.14 Billion | 103.52% |
| Total Equity | $2.07 Billion | 100.00% |
OSRAM Licht AG Competitors by Market Cap
The table below lists competitors of OSRAM Licht AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kokusai Electric Corporation
F:69B
|
$5.02 Billion |
|
Kingboard Laminates Holdings Limited
PINK:KGBLY
|
$5.03 Billion |
|
Aisin Seiki Co Ltd
PINK:ASEKY
|
$5.03 Billion |
|
The Middleby Corporation
F:MBY
|
$5.03 Billion |
|
Uipath Inc
NYSE:PATH
|
$5.02 Billion |
|
Bufab AB
F:29B
|
$5.01 Billion |
|
BLFBY
PINK:BLFBY
|
$5.01 Billion |
|
Indutrade AB
ST:INDT
|
$5.01 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in OSRAM Licht AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 2,826,000,000 to 2,066,346,000, a change of -759,654,000 (-26.9%).
- Net income of 59,579,000 contributed positively to equity growth.
- Dividend payments of 37,000,000 reduced retained earnings.
- New share issuances of 836,000,000 increased equity.
- Other factors decreased equity by 1,618,233,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $59.58 Million | +2.88% |
| Dividends Paid | $37.00 Million | -1.79% |
| Share Issuances | $836.00 Million | +40.46% |
| Other Changes | $-1.62 Billion | -78.31% |
| Total Change | $- | -26.88% |
Book Value vs Market Value Analysis
This analysis compares OSRAM Licht AG's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.44x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.61x to 2.44x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | $20.52 | $53.50 | x |
| 2014-12-31 | $22.68 | $53.50 | x |
| 2015-12-31 | $23.52 | $53.50 | x |
| 2016-12-31 | $23.88 | $53.50 | x |
| 2017-12-31 | $25.10 | $53.50 | x |
| 2018-12-31 | $26.16 | $53.50 | x |
| 2019-12-31 | $20.95 | $53.50 | x |
| 2020-12-31 | $18.53 | $53.50 | x |
| 2021-12-31 | $21.31 | $53.50 | x |
| 2022-12-31 | $10.82 | $53.50 | x |
| 2023-12-31 | $21.94 | $53.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently OSRAM Licht AG utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 2.88%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.66%
- • Asset Turnover: 1.14x
- • Equity Multiplier: 1.53x
- Recent ROE (2.88%) is above the historical average (0.74%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 1.28% | 0.52% | 1.20x | 2.06x | $-187.26 Million |
| 2014 | 7.91% | 3.65% | 1.09x | 1.98x | $-49.68 Million |
| 2015 | 6.72% | 4.65% | 0.75x | 1.93x | $-81.00 Million |
| 2016 | 16.04% | 10.49% | 0.79x | 1.94x | $149.50 Million |
| 2017 | 11.01% | 6.54% | 0.97x | 1.73x | $24.80 Million |
| 2018 | 5.48% | 3.67% | 0.80x | 1.87x | $-114.60 Million |
| 2019 | -19.86% | -11.49% | 0.80x | 2.16x | $-598.40 Million |
| 2020 | -10.82% | -6.22% | 0.76x | 2.28x | $-363.70 Million |
| 2021 | 3.23% | 2163.23% | 0.00x | 1.59x | $-135.78 Million |
| 2022 | -15.71% | -9.21% | 0.55x | 3.13x | $-726.60 Million |
| 2023 | 2.88% | 1.66% | 1.14x | 1.53x | $-147.06 Million |
Industry Comparison
This section compares OSRAM Licht AG's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $315,233,876
- Average return on equity (ROE) among peers: -5.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| OSRAM Licht AG (OSAGF) | $1.22 Billion | 1.28% | 4.47x | $5.02 Billion |
| ABB Ltd (ABBNY) | $2.23 Billion | -31.00% | 13.51x | $85.22 Billion |
| Advent Technologies Holdings Inc (ADN) | $130.20 Million | -15.76% | 0.25x | $1.02 Million |
| Ads Tec Energy PLC (ADSE) | $-8.59 Million | 0.00% | 0.00x | $194.80 Million |
| Advanced Energy Industries Inc (AEIS) | $392.07 Million | 32.51% | 0.46x | $11.51 Billion |
| AFC Energy plc (AFGYF) | $30.27 Million | -57.55% | 0.21x | $91.15 Million |
| Alfen N.V (ALFNF) | $6.81 Million | 25.29% | 3.39x | $265.32 Million |
| Amprius Technologies Inc. (AMPX) | $13.86 Million | -71.41% | 0.34x | $1.30 Billion |
| Asia Pacific Wire & Cable Corp Ltd (APWC) | $118.20 Million | 3.47% | 0.76x | $17.88 Million |
| Astro Communications Inc (ASTO) | $7.59 Million | 3.65% | 0.08x | $18.93K |
| Atkore International Group Inc (ATKR) | $232.94 Million | 59.69% | 5.17x | $1.72 Billion |