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AMSSY - ams AG: Near-Term Headwinds Justify A Cautious Outlook
February, 22 2021 08:25 AM
Ams Ag Adr
ams AG delivers a strong set of FQ4 '20 results, led by outperformance at the recently acquired Osram business. Disappointing near-term guidance for the standalone business remains a concern, however, especially in light of Apple's volume strength. Also concerning is the risk of Face-ID socket loss in future iPhones and integration issues at Osram. Despite a seemingly cheap valuation at c. 3x EV/Revenue, I am cautious on the shares. For further details see:
ams AG: Near-Term Headwinds Justify A Cautious Outlook
Stock Information
Company Name:
Ams Ag Adr
Stock Symbol:
AMSSY
Market:
OTC
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