SIGNIFY NV (LIGHT.AS) Stock Fundamental Analysis

AMS:LIGHT • NL0011821392

19.72 EUR
+0.04 (+0.2%)
Last: Feb 27, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership
Fundamental Rating

4

Overall LIGHT gets a fundamental rating of 4 out of 10. We evaluated LIGHT against 69 industry peers in the Electrical Equipment industry. While LIGHT is still in line with the averages on profitability rating, there are concerns on its financial health. LIGHT is cheap, but on the other hand it scores bad on growth. LIGHT also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

5

1. Profitability

1.1 Basic Checks

  • In the past year LIGHT was profitable.
  • In the past year LIGHT had a positive cash flow from operations.
  • 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

  • LIGHT has a better Return On Assets (3.78%) than 62.50% of its industry peers.
  • LIGHT has a Return On Equity (9.50%) which is comparable to the rest of the industry.
  • LIGHT's Return On Invested Capital of 8.45% is fine compared to the rest of the industry. LIGHT outperforms 70.31% of its industry peers.
Industry RankSector Rank
ROA 3.78%
ROE 9.5%
ROIC 8.45%
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
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

  • Looking at the Profit Margin, with a value of 4.41%, LIGHT is in the better half of the industry, outperforming 60.94% of the companies in the same industry.
  • In the last couple of years the Profit Margin of LIGHT has declined.
  • With a decent Operating Margin value of 7.94%, LIGHT is doing good in the industry, outperforming 67.19% of the companies in the same industry.
  • In the last couple of years the Operating Margin of LIGHT has declined.
  • With a decent Gross Margin value of 40.12%, LIGHT is doing good in the industry, outperforming 64.06% of the companies in the same industry.
  • LIGHT's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 7.94%
PM (TTM) 4.41%
GM 40.12%
OM growth 3Y9.55%
OM growth 5Y-2.19%
PM growth 3Y-14.14%
PM growth 5Y-2.49%
GM growth 3Y2.42%
GM growth 5Y0.42%
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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ROAROEROICOperating and Profit MarginShow most profitable peers

3

2. Health

2.1 Basic Checks

  • LIGHT has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
  • There is no outstanding debt for LIGHT. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
LIGHT.AS Yearly Shares OutstandingLIGHT.AS Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 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 2B 4B 6B 8B

2.2 Solvency

  • LIGHT has a debt to FCF ratio of 3.96. This is a good value and a sign of high solvency as LIGHT would need 3.96 years to pay back of all of its debts.
  • LIGHT's Debt to FCF ratio of 3.96 is fine compared to the rest of the industry. LIGHT outperforms 70.31% of its industry peers.
  • LIGHT has a Debt/Equity ratio of 0.41. This is a healthy value indicating a solid balance between debt and equity.
  • LIGHT has a Debt to Equity ratio of 0.41. This is comparable to the rest of the industry: LIGHT outperforms 57.81% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.41
Debt/FCF 3.96
Altman-Z N/A
ROIC/WACC1.05
WACC8.06%
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 65.63% of the companies in the same industry.
  • LIGHT has a Quick Ratio of 1.17. This is a bad value and indicates that LIGHT is not financially healthy enough and could expect problems in meeting its short term obligations.
  • LIGHT has a Quick ratio of 0.75. This is in the lower half of the industry: LIGHT underperforms 60.94% of its industry peers.
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 1B 2B 3B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

2

3. Growth

3.1 Past

  • LIGHT shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -6.06%.
  • The Earnings Per Share has been decreasing by -6.67% on average over the past years.
  • Looking at the last year, LIGHT shows a decrease in Revenue. The Revenue has decreased by -6.15% in the last year.
  • The Revenue has been decreasing by -2.38% on average over the past years.
EPS 1Y (TTM)-6.06%
EPS 3Y-11.42%
EPS 5Y-6.67%
EPS Q2Q%-21%
Revenue 1Y (TTM)-6.15%
Revenue growth 3Y-8.45%
Revenue growth 5Y-2.38%
Sales Q2Q%-9.85%

3.2 Future

  • The Earnings Per Share is expected to grow by 14.48% on average over the next years. This is quite good.
  • Based on estimates for the next years, LIGHT will show a decrease in Revenue. The Revenue will decrease by -0.31% on average per year.
EPS Next Y6.61%
EPS Next 2Y8.87%
EPS Next 3Y14.48%
EPS Next 5YN/A
Revenue Next Year-3.5%
Revenue Next 2Y-1.31%
Revenue Next 3Y-0.31%
Revenue Next 5YN/A

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
LIGHT.AS Yearly Revenue VS EstimatesLIGHT.AS Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 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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Find the best growth stocksShow best growing peers

8

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 7.53 indicates a rather cheap valuation of LIGHT.
  • Compared to the rest of the industry, the Price/Earnings ratio of LIGHT indicates a rather cheap valuation: LIGHT is cheaper than 100.00% of the companies listed in the same industry.
  • LIGHT is valuated cheaply when we compare the Price/Earnings ratio to 27.07, which is the current average of the S&P500 Index.
  • Based on the Price/Forward Earnings ratio of 7.06, the valuation of LIGHT can be described as very cheap.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of LIGHT indicates a rather cheap valuation: LIGHT is cheaper than 93.75% of the companies listed in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 28.05. LIGHT is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 7.53
Fwd PE 7.06
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

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 93.75% of the companies listed in the same industry.
  • Based on the Price/Free Cash Flow ratio, LIGHT is valued cheaply inside the industry as 96.88% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 6.06
EV/EBITDA 4.78
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's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • A more expensive valuation may be justified as LIGHT's earnings are expected to grow with 14.48% in the coming years.
PEG (NY)1.14
PEG (5Y)N/A
EPS Next 2Y8.87%
EPS Next 3Y14.48%

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

7

5. Dividend

5.1 Amount

  • LIGHT has a Yearly Dividend Yield of 7.98%, which is a nice return.
  • LIGHT's Dividend Yield is rather good when compared to the industry average which is at 0.81. LIGHT pays more dividend than 100.00% of the companies in the same industry.
  • LIGHT's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
Industry RankSector Rank
Dividend Yield 7.98%

5.2 History

  • The dividend of LIGHT has a limited annual growth rate of 3.47%.
Dividend Growth(5Y)3.47%
Div Incr Years4
Div Non Decr Years4
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 79.92% of its income as dividend. This is not a sustainable payout ratio.
  • The dividend of LIGHT is growing, but earnings are growing more, so the dividend growth is sustainable.
DP79.92%
EPS Next 2Y8.87%
EPS Next 3Y14.48%
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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SIGNIFY NV

AMS:LIGHT (2/27/2026, 7:00:00 PM)

19.72

+0.04 (+0.2%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)01-30
Earnings (Next)04-24
Inst Owners74.11%
Inst Owner ChangeN/A
Ins Owners3.62%
Ins Owner ChangeN/A
Market Cap2.42B
Revenue(TTM)5.76B
Net Income(TTM)254.00M
Analysts70
Price Target20.36 (3.25%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 7.98%
Yearly Dividend1.55
Dividend Growth(5Y)3.47%
DP79.92%
Div Incr Years4
Div Non Decr Years4
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)-11.69%
PT rev (3m)-12.59%
EPS NQ rev (1m)-44.03%
EPS NQ rev (3m)-44.03%
EPS NY rev (1m)0%
EPS NY rev (3m)-3.61%
Revenue NQ rev (1m)-2.79%
Revenue NQ rev (3m)-2.72%
Revenue NY rev (1m)-2.39%
Revenue NY rev (3m)-3.56%
Valuation
Industry RankSector Rank
PE 7.53
Fwd PE 7.06
P/S 0.42
P/FCF 6.06
P/OCF 4.55
P/B 0.9
P/tB N/A
EV/EBITDA 4.78
EPS(TTM)2.62
EY13.29%
EPS(NY)2.79
Fwd EY14.16%
FCF(TTM)3.26
FCFY16.51%
OCF(TTM)4.33
OCFY21.97%
SpS47.03
BVpS21.81
TBVpS-3.7
PEG (NY)1.14
PEG (5Y)N/A
Graham Number35.85
Profitability
Industry RankSector Rank
ROA 3.78%
ROE 9.5%
ROCE 10.21%
ROIC 8.45%
ROICexc 9.81%
ROICexgc 51.48%
OM 7.94%
PM (TTM) 4.41%
GM 40.12%
FCFM 6.92%
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y9.55%
OM growth 5Y-2.19%
PM growth 3Y-14.14%
PM growth 5Y-2.49%
GM growth 3Y2.42%
GM growth 5Y0.42%
F-Score5
Asset Turnover0.86
Health
Industry RankSector Rank
Debt/Equity 0.41
Debt/FCF 3.96
Debt/EBITDA 1.54
Cap/Depr 53.23%
Cap/Sales 2.29%
Interest Coverage 250
Cash Conversion 75.21%
Profit Quality 157.09%
Current Ratio 1.17
Quick Ratio 0.75
Altman-Z N/A
F-Score5
WACC8.06%
ROIC/WACC1.05
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)-6.06%
EPS 3Y-11.42%
EPS 5Y-6.67%
EPS Q2Q%-21%
EPS Next Y6.61%
EPS Next 2Y8.87%
EPS Next 3Y14.48%
EPS Next 5YN/A
Revenue 1Y (TTM)-6.15%
Revenue growth 3Y-8.45%
Revenue growth 5Y-2.38%
Sales Q2Q%-9.85%
Revenue Next Year-3.5%
Revenue Next 2Y-1.31%
Revenue Next 3Y-0.31%
Revenue Next 5YN/A
EBIT growth 1Y-14.87%
EBIT growth 3Y0.29%
EBIT growth 5Y-4.51%
EBIT Next Year24.49%
EBIT Next 3Y11.25%
EBIT Next 5YN/A
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 FAQ

Can you provide the ChartMill fundamental rating for SIGNIFY NV?

ChartMill assigns a fundamental rating of 4 / 10 to LIGHT.AS.


What is the valuation status for LIGHT stock?

ChartMill assigns a valuation rating of 7 / 10 to SIGNIFY NV (LIGHT.AS). This can be considered as Undervalued.


How profitable is SIGNIFY NV (LIGHT.AS) stock?

SIGNIFY NV (LIGHT.AS) has a profitability rating of 5 / 10.


How financially healthy is SIGNIFY NV?

The financial health rating of SIGNIFY NV (LIGHT.AS) is 3 / 10.


How sustainable is the dividend of SIGNIFY NV (LIGHT.AS) stock?

The dividend rating of SIGNIFY NV (LIGHT.AS) is 7 / 10 and the dividend payout ratio is 79.92%.