SIGNIFY NV (LIGHT.AS) Fundamental Analysis & Valuation

AMS:LIGHT • NL0011821392

Current stock price

19.32 EUR
-1.62 (-7.74%)
Last:

This LIGHT.AS fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

6

1. LIGHT.AS Profitability Analysis

1.1 Basic Checks

  • In the past year LIGHT was profitable.
  • LIGHT had a positive operating cash flow in the past year.
  • In the past 5 years LIGHT has always been profitable.
  • Each year in the past 5 years LIGHT had a positive operating cash flow.
LIGHT.AS Yearly Net Income VS EBIT VS OCF VS FCFLIGHT.AS Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M

1.2 Ratios

  • Looking at the Return On Assets, with a value of 3.79%, LIGHT is in the better half of the industry, outperforming 65.22% of the companies in the same industry.
  • The Return On Equity of LIGHT (9.54%) is better than 63.77% of its industry peers.
  • LIGHT has a better Return On Invested Capital (8.36%) than 76.81% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for LIGHT is in line with the industry average of 8.44%.
Industry RankSector Rank
ROA 3.79%
ROE 9.54%
ROIC 8.36%
ROA(3y)3.56%
ROA(5y)4.36%
ROE(3y)9.03%
ROE(5y)12.23%
ROIC(3y)9.01%
ROIC(5y)8.68%
LIGHT.AS Yearly ROA, ROE, ROICLIGHT.AS Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5 10 15

1.3 Margins

  • With a decent Profit Margin value of 4.42%, LIGHT is doing good in the industry, outperforming 65.22% of the companies in the same industry.
  • LIGHT's Profit Margin has declined in the last couple of years.
  • With a decent Operating Margin value of 7.86%, LIGHT is doing good in the industry, outperforming 72.46% of the companies in the same industry.
  • LIGHT's Operating Margin has declined in the last couple of years.
  • The Gross Margin of LIGHT (40.03%) is better than 60.87% of its industry peers.
  • In the last couple of years the Gross Margin of LIGHT has remained more or less at the same level.
Industry RankSector Rank
OM 7.86%
PM (TTM) 4.42%
GM 40.03%
OM growth 3Y9.23%
OM growth 5Y-2.36%
PM growth 3Y-14.14%
PM growth 5Y-2.49%
GM growth 3Y2.36%
GM growth 5Y0.38%
LIGHT.AS Yearly Profit, Operating, Gross MarginsLIGHT.AS Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30 40

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4

2. LIGHT.AS Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so LIGHT is still creating some value.
  • Compared to 1 year ago, LIGHT has less shares outstanding
  • LIGHT has less shares outstanding than it did 5 years ago.
  • LIGHT has a worse debt/assets ratio than last year.
LIGHT.AS Yearly Shares OutstandingLIGHT.AS Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M
LIGHT.AS Yearly Total Debt VS Total AssetsLIGHT.AS Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B

2.2 Solvency

  • LIGHT has an Altman-Z score of 1.69. This is a bad value and indicates that LIGHT is not financially healthy and even has some risk of bankruptcy.
  • Looking at the Altman-Z score, with a value of 1.69, LIGHT is doing worse than 60.87% of the companies in the same industry.
  • The Debt to FCF ratio of LIGHT is 3.96, which is a good value as it means it would take LIGHT, 3.96 years of fcf income to pay off all of its debts.
  • With a decent Debt to FCF ratio value of 3.96, LIGHT is doing good in the industry, outperforming 68.12% of the companies in the same industry.
  • A Debt/Equity ratio of 0.41 indicates that LIGHT is not too dependend on debt financing.
  • The Debt to Equity ratio of LIGHT (0.41) is better than 62.32% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.41
Debt/FCF 3.96
Altman-Z 1.69
ROIC/WACC1.04
WACC8.01%
LIGHT.AS Yearly LT Debt VS Equity VS FCFLIGHT.AS Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B

2.3 Liquidity

  • A Current Ratio of 1.17 indicates that LIGHT should not have too much problems paying its short term obligations.
  • Looking at the Current ratio, with a value of 1.17, LIGHT is doing worse than 71.01% of the companies in the same industry.
  • A Quick Ratio of 0.75 indicates that LIGHT may have some problems paying its short term obligations.
  • With a Quick ratio value of 0.75, LIGHT is not doing good in the industry: 71.01% of the companies in the same industry are doing better.
Industry RankSector Rank
Current Ratio 1.17
Quick Ratio 0.75
LIGHT.AS Yearly Current Assets VS Current LiabilitesLIGHT.AS Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B

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2

3. LIGHT.AS Growth Analysis

3.1 Past

  • The earnings per share for LIGHT have decreased strongly by -34.51% in the last year.
  • LIGHT shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -6.67% yearly.
  • Looking at the last year, LIGHT shows a decrease in Revenue. The Revenue has decreased by -8.69% in the last year.
  • LIGHT shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -2.38% yearly.
EPS 1Y (TTM)-34.51%
EPS 3Y-11.42%
EPS 5Y-6.67%
EPS Q2Q%-92.42%
Revenue 1Y (TTM)-8.69%
Revenue growth 3Y-8.45%
Revenue growth 5Y-2.38%
Sales Q2Q%-12.02%

3.2 Future

  • LIGHT is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 2.64% yearly.
  • LIGHT is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -1.50% yearly.
EPS Next Y-26.79%
EPS Next 2Y-4.04%
EPS Next 3Y2.64%
EPS Next 5YN/A
Revenue Next Year-4.17%
Revenue Next 2Y-1.7%
Revenue Next 3Y-0.48%
Revenue Next 5Y-1.5%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
LIGHT.AS Yearly Revenue VS EstimatesLIGHT.AS Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 2B 4B 6B
LIGHT.AS Yearly EPS VS EstimatesLIGHT.AS Yearly EPS VS EstimatesYearly EPS VS Estimates 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 1 2 3 4

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7

4. LIGHT.AS Valuation Analysis

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 9.61 indicates a reasonable valuation of LIGHT.
  • LIGHT's Price/Earnings ratio is rather cheap when compared to the industry. LIGHT is cheaper than 100.00% of the companies in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 26.64, LIGHT is valued rather cheaply.
  • The Price/Forward Earnings ratio is 8.01, which indicates a very decent valuation of LIGHT.
  • Based on the Price/Forward Earnings ratio, LIGHT is valued cheaply inside the industry as 92.75% of the companies are valued more expensively.
  • LIGHT is valuated cheaply when we compare the Price/Forward Earnings ratio to 21.36, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 9.61
Fwd PE 8.01
LIGHT.AS Price Earnings VS Forward Price EarningsLIGHT.AS Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40 50

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of LIGHT indicates a rather cheap valuation: LIGHT is cheaper than 95.65% of the companies listed in the same industry.
  • LIGHT's Price/Free Cash Flow ratio is rather cheap when compared to the industry. LIGHT is cheaper than 95.65% of the companies in the same industry.
Industry RankSector Rank
P/FCF 5.94
EV/EBITDA 4.74
LIGHT.AS Per share dataLIGHT.AS EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20 30 40

4.3 Compensation for Growth

  • LIGHT has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-4.04%
EPS Next 3Y2.64%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

7

5. LIGHT.AS Dividend Analysis

5.1 Amount

  • LIGHT has a Yearly Dividend Yield of 8.13%, which is a nice return.
  • Compared to an average industry Dividend Yield of 0.79, LIGHT pays a better dividend. On top of this LIGHT pays more dividend than 100.00% of the companies listed in the same industry.
  • LIGHT's Dividend Yield is rather good when compared to the S&P500 average which is at 1.80.
Industry RankSector Rank
Dividend Yield 8.13%

5.2 History

  • The dividend of LIGHT is nicely growing with an annual growth rate of 64.98%!
Dividend Growth(5Y)64.98%
Div Incr Years5
Div Non Decr Years5
LIGHT.AS Yearly Dividends per shareLIGHT.AS Yearly Dividends per shareYearly Dividends per share 2019 2021 2022 2023 2024 2025 2026 0.5 1 1.5

5.3 Sustainability

  • LIGHT pays out 79.61% of its income as dividend. This is not a sustainable payout ratio.
  • The dividend of LIGHT is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP79.61%
EPS Next 2Y-4.04%
EPS Next 3Y2.64%
LIGHT.AS Yearly Income VS Free CF VS DividendLIGHT.AS Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M
LIGHT.AS Dividend Payout.LIGHT.AS Dividend Payout, showing the Payout Ratio.LIGHT.AS Dividend Payout.PayoutRetained Earnings

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LIGHT.AS Fundamentals: All Metrics, Ratios and Statistics

SIGNIFY NV

AMS:LIGHT (4/30/2026, 7:00:00 PM)

19.32

-1.62 (-7.74%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Industry Strength73.65
Industry Growth76
Earnings (Last)04-24
Earnings (Next)07-24
Inst Owners85.24%
Inst Owner ChangeN/A
Ins Owners3.58%
Ins Owner ChangeN/A
Market Cap2.37B
Revenue(TTM)5.59B
Net Income(TTM)255.00M
Analysts52
Price Target19.51 (0.98%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 8.13%
Yearly Dividend1.65
Dividend Growth(5Y)64.98%
DP79.61%
Div Incr Years5
Div Non Decr Years5
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)5.77%
Min EPS beat(2)5%
Max EPS beat(2)6.53%
EPS beat(4)4
Avg EPS beat(4)26.88%
Min EPS beat(4)5%
Max EPS beat(4)77.34%
EPS beat(8)7
Avg EPS beat(8)19.44%
EPS beat(12)9
Avg EPS beat(12)17.4%
EPS beat(16)13
Avg EPS beat(16)16.51%
Revenue beat(2)0
Avg Revenue beat(2)-5.36%
Min Revenue beat(2)-6.1%
Max Revenue beat(2)-4.61%
Revenue beat(4)0
Avg Revenue beat(4)-3.62%
Min Revenue beat(4)-6.1%
Max Revenue beat(4)-1.56%
Revenue beat(8)0
Avg Revenue beat(8)-4.29%
Revenue beat(12)0
Avg Revenue beat(12)-4.42%
Revenue beat(16)1
Avg Revenue beat(16)-3.71%
PT rev (1m)-3.34%
PT rev (3m)-15.35%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-53.33%
EPS NY rev (1m)-4.09%
EPS NY rev (3m)-31.33%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-3.36%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-3.06%
Valuation
Industry RankSector Rank
PE 9.61
Fwd PE 8.01
P/S 0.41
P/FCF 5.94
P/OCF 4.46
P/B 0.89
P/tB N/A
EV/EBITDA 4.74
EPS(TTM)2.01
EY10.4%
EPS(NY)2.41
Fwd EY12.49%
FCF(TTM)3.26
FCFY16.85%
OCF(TTM)4.33
OCFY22.42%
SpS47.03
BVpS21.81
TBVpS-3.7
PEG (NY)N/A
PEG (5Y)N/A
Graham Number31.4036 (62.54%)
Profitability
Industry RankSector Rank
ROA 3.79%
ROE 9.54%
ROCE 10.1%
ROIC 8.36%
ROICexc 9.7%
ROICexgc 50.92%
OM 7.86%
PM (TTM) 4.42%
GM 40.03%
FCFM 6.92%
ROA(3y)3.56%
ROA(5y)4.36%
ROE(3y)9.03%
ROE(5y)12.23%
ROIC(3y)9.01%
ROIC(5y)8.68%
ROICexc(3y)10.88%
ROICexc(5y)10.34%
ROICexgc(3y)71.85%
ROICexgc(5y)55.42%
ROCE(3y)10.89%
ROCE(5y)10.49%
ROICexgc growth 3Y31.72%
ROICexgc growth 5Y-6.04%
ROICexc growth 3Y10.73%
ROICexc growth 5Y-5.44%
OM growth 3Y9.23%
OM growth 5Y-2.36%
PM growth 3Y-14.14%
PM growth 5Y-2.49%
GM growth 3Y2.36%
GM growth 5Y0.38%
F-Score5
Asset Turnover0.86
Health
Industry RankSector Rank
Debt/Equity 0.41
Debt/FCF 3.96
Debt/EBITDA 1.55
Cap/Depr 53.23%
Cap/Sales 2.29%
Interest Coverage 250
Cash Conversion 75.75%
Profit Quality 156.47%
Current Ratio 1.17
Quick Ratio 0.75
Altman-Z 1.69
F-Score5
WACC8.01%
ROIC/WACC1.04
Cap/Depr(3y)45.04%
Cap/Depr(5y)42.89%
Cap/Sales(3y)1.89%
Cap/Sales(5y)1.83%
Profit Quality(3y)189.45%
Profit Quality(5y)152.52%
High Growth Momentum
Growth
EPS 1Y (TTM)-34.51%
EPS 3Y-11.42%
EPS 5Y-6.67%
EPS Q2Q%-92.42%
EPS Next Y-26.79%
EPS Next 2Y-4.04%
EPS Next 3Y2.64%
EPS Next 5YN/A
Revenue 1Y (TTM)-8.69%
Revenue growth 3Y-8.45%
Revenue growth 5Y-2.38%
Sales Q2Q%-12.02%
Revenue Next Year-4.17%
Revenue Next 2Y-1.7%
Revenue Next 3Y-0.48%
Revenue Next 5Y-1.5%
EBIT growth 1Y-15.8%
EBIT growth 3Y0%
EBIT growth 5Y-4.68%
EBIT Next Year22.57%
EBIT Next 3Y10.87%
EBIT Next 5Y7.68%
FCF growth 1Y-3.86%
FCF growth 3Y17.81%
FCF growth 5Y-12.79%
OCF growth 1Y3.31%
OCF growth 3Y12.19%
OCF growth 5Y-9.83%

SIGNIFY NV / LIGHT.AS Fundamental Analysis FAQ

Can you provide the ChartMill fundamental rating for SIGNIFY NV?

ChartMill assigns a fundamental rating of 5 / 10 to LIGHT.AS.


What is the valuation status for LIGHT stock?

ChartMill assigns a valuation rating of 8 / 10 to SIGNIFY NV (LIGHT.AS). This can be considered as Undervalued.


Can you provide the profitability details for SIGNIFY NV?

SIGNIFY NV (LIGHT.AS) has a profitability rating of 6 / 10.


Can you provide the PE and PB ratios for LIGHT stock?

The Price/Earnings (PE) ratio for SIGNIFY NV (LIGHT.AS) is 9.61 and the Price/Book (PB) ratio is 0.89.


Can you provide the financial health for LIGHT stock?

The financial health rating of SIGNIFY NV (LIGHT.AS) is 4 / 10.