SIGNIFY NV (LIGHT.AS) Fundamental Analysis & Valuation

AMS:LIGHT • NL0011821392

Current stock price

18.12 EUR
-0.14 (-0.77%)
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.
  • LIGHT had positive earnings in each of the past 5 years.
  • 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 63.01% of the companies in the same industry.
  • LIGHT has a Return On Equity (9.54%) which is in line with its industry peers.
  • With a decent Return On Invested Capital value of 8.36%, LIGHT is doing good in the industry, outperforming 69.86% of the companies in the same industry.
  • The Average Return On Invested Capital over the past 3 years for LIGHT is in line with the industry average of 9.23%.
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

  • LIGHT has a Profit Margin of 4.42%. This is in the better half of the industry: LIGHT outperforms 63.01% of its industry peers.
  • LIGHT's Profit Margin has declined in the last couple of years.
  • LIGHT's Operating Margin of 7.86% is fine compared to the rest of the industry. LIGHT outperforms 68.49% of its industry peers.
  • LIGHT's Operating Margin has declined in the last couple of years.
  • LIGHT has a better Gross Margin (40.03%) than 64.38% 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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ROAROEROICOperating and Profit MarginShow most profitable peers

4

2. LIGHT.AS Health Analysis

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.
  • Compared to 1 year ago, LIGHT has less shares outstanding
  • The number of shares outstanding for LIGHT has been reduced compared to 5 years ago.
  • The debt/assets ratio for LIGHT is higher compared to a year ago.
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 1.67. This is a bad value and indicates that LIGHT is not financially healthy and even has some risk of bankruptcy.
  • LIGHT has a Altman-Z score (1.67) which is comparable to the rest of the industry.
  • 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.
  • The Debt to FCF ratio of LIGHT (3.96) is better than 67.12% 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's Debt to Equity ratio of 0.41 is fine compared to the rest of the industry. LIGHT outperforms 60.27% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.41
Debt/FCF 3.96
Altman-Z 1.67
ROIC/WACC0.99
WACC8.4%
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.
  • LIGHT has a Current ratio of 1.17. This is in the lower half of the industry: LIGHT underperforms 68.49% of its industry peers.
  • 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.
  • The Quick ratio of LIGHT (0.75) is worse than 68.49% 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 2025 1B 2B 3B

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

2

3. LIGHT.AS Growth Analysis

3.1 Past

  • The earnings per share for LIGHT have decreased by -6.06% in the last year.
  • 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.
  • LIGHT shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -2.38% yearly.
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

  • Based on estimates for the next years, LIGHT will show a small growth in Earnings Per Share. The EPS will grow by 1.00% on average per year.
  • 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 Y-23.67%
EPS Next 2Y-2.84%
EPS Next 3Y1%
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.
  • 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 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. LIGHT.AS Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 6.92, which indicates a rather cheap valuation of LIGHT.
  • 98.63% of the companies in the same industry are more expensive than LIGHT, based on the Price/Earnings ratio.
  • LIGHT is valuated cheaply when we compare the Price/Earnings ratio to 24.89, which is the current average of the S&P500 Index.
  • With a Price/Forward Earnings ratio of 9.06, the valuation of LIGHT can be described as very reasonable.
  • 87.67% of the companies in the same industry are more expensive than LIGHT, based on the Price/Forward Earnings ratio.
  • LIGHT's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.19.
Industry RankSector Rank
PE 6.92
Fwd PE 9.06
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

  • Based on the Enterprise Value to EBITDA ratio, LIGHT is valued cheaper than 94.52% of the companies in the same industry.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of LIGHT indicates a rather cheap valuation: LIGHT is cheaper than 94.52% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 5.57
EV/EBITDA 4.55
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

  • The decent profitability rating of LIGHT may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-2.84%
EPS Next 3Y1%

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

7

5. LIGHT.AS Dividend Analysis

5.1 Amount

  • With a Yearly Dividend Yield of 8.60%, LIGHT is a good candidate for dividend investing.
  • Compared to an average industry Dividend Yield of 0.87, 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 1.89.
Industry RankSector Rank
Dividend Yield 8.6%

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 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

  • 79.61% of the earnings are spent on dividend by LIGHT. 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-2.84%
EPS Next 3Y1%
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

More info and screens

Find the best dividend stocksShow peers with best dividend

LIGHT.AS Fundamentals: All Metrics, Ratios and Statistics

SIGNIFY NV

AMS:LIGHT (3/30/2026, 12:27:57 PM)

18.12

-0.14 (-0.77%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)01-30
Earnings (Next)04-24
Inst Owners73.86%
Inst Owner ChangeN/A
Ins Owners3.58%
Ins Owner ChangeN/A
Market Cap2.22B
Revenue(TTM)5.76B
Net Income(TTM)255.00M
Analysts52
Price Target20.19 (11.42%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 8.6%
Yearly Dividend1.65
Dividend Growth(5Y)64.98%
DP79.61%
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)-0.83%
PT rev (3m)-12.43%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-44.03%
EPS NY rev (1m)-28.4%
EPS NY rev (3m)-28.5%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.72%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.39%
Valuation
Industry RankSector Rank
PE 6.92
Fwd PE 9.06
P/S 0.39
P/FCF 5.57
P/OCF 4.18
P/B 0.83
P/tB N/A
EV/EBITDA 4.55
EPS(TTM)2.62
EY14.46%
EPS(NY)2
Fwd EY11.04%
FCF(TTM)3.26
FCFY17.96%
OCF(TTM)4.33
OCFY23.91%
SpS47.03
BVpS21.81
TBVpS-3.7
PEG (NY)N/A
PEG (5Y)N/A
Graham Number35.85
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 1.67
F-Score5
WACC8.4%
ROIC/WACC0.99
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 Y-23.67%
EPS Next 2Y-2.84%
EPS Next 3Y1%
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-15.8%
EBIT growth 3Y0%
EBIT growth 5Y-4.68%
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 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 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 4 / 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 79.61%.