ams-OSRAM AG (AMS.SW)

ams-OSRAM AG (AMS.SW) — VMCI valuation read

Composite valuation read on AMS.SW: VMCI 41/100 against a Technology sector median of 50. The 9-point below-median print is the headline number for ams-OSRAM AG, and at the mid-cap tier it reflects how the five pillars combine into a single decision-grade score.

Trailing 30-day insider activity for AMS.SW: nothing material on SEC EDGAR. With the Form 4 channel quiet, the price-vs-DCF gap and the trailing margin trend carry more weight in the active read.

**Investor frame.** Value, quality, risk in three lines on AMS.SW: AMS.SW trades at 15.0x earnings, 17% below the Technology median of 18.0x; ROIC of 9.0% trails the Technology median (10.0%) by 1.0pp; net debt to EBITDA of 0.1x leaves covenant headroom. EV/EBITDA at 14.0x versus 12.0x for Technology closes the value frame.

AMS.SW fell 2.2% over the trailing 7 days, with a -19.0% read on a 30-day basis.