SIGNIFY NV (LIGHT.AS) Stock Fundamental Analysis
Europe - AMS:LIGHT - NL0011821392 - Common Stock
22.86 EUR
+0.16 (+0.7%)
Taking everything into account, LIGHT scores 6 out of 10 in our fundamental rating. LIGHT was compared to 60 industry peers in the Electrical Equipment industry. While LIGHT has a great profitability rating, there are some minor concerns on its financial health. LIGHT has a bad growth rate and is valued cheaply. Finally LIGHT also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year LIGHT was profitable.
LIGHT had a positive operating cash flow in the past year.
Each year in the past 5 years LIGHT has been profitable.
In the past 5 years LIGHT always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 5.14%, LIGHT is in the better half of the industry, outperforming 76.67% of the companies in the same industry.
LIGHT has a better Return On Equity (13.26%) than 68.33% of its industry peers.
LIGHT has a Return On Invested Capital of 9.67%. This is amongst the best in the industry. LIGHT outperforms 81.67% of its industry peers.
The Average Return On Invested Capital over the past 3 years for LIGHT is in line with the industry average of 9.28%.
The 3 year average ROIC (8.31%) for LIGHT is below the current ROIC(9.67%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.14% | ||
| ROE | 13.26% | ||
| ROIC | 9.67% |
ROA(3y)4.41%
ROA(5y)4.45%
ROE(3y)11.83%
ROE(5y)13.29%
ROIC(3y)8.31%
ROIC(5y)8.73%
1.3 Margins
Looking at the Profit Margin, with a value of 5.69%, LIGHT is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
In the last couple of years the Profit Margin of LIGHT has grown nicely.
The Operating Margin of LIGHT (8.73%) is better than 76.67% of its industry peers.
LIGHT's Operating Margin has improved in the last couple of years.
With a decent Gross Margin value of 40.61%, LIGHT is doing good in the industry, outperforming 65.00% of the companies in the same industry.
LIGHT's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.73% | ||
| PM (TTM) | 5.69% | ||
| GM | 40.61% |
OM growth 3Y-2.99%
OM growth 5Y7.06%
PM growth 3Y-2.65%
PM growth 5Y4.95%
GM growth 3Y1.11%
GM growth 5Y1.97%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), LIGHT is creating some value.
The number of shares outstanding for LIGHT remains at a similar level compared to 1 year ago.
LIGHT has about the same amout of shares outstanding than it did 5 years ago.
Compared to 1 year ago, LIGHT has an improved debt to assets ratio.
2.2 Solvency
LIGHT has an Altman-Z score of 1.84. This is not the best score and indicates that LIGHT is in the grey zone with still only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 1.84, LIGHT perfoms like the industry average, outperforming 56.67% of the companies in the same industry.
The Debt to FCF ratio of LIGHT is 4.40, which is a neutral value as it means it would take LIGHT, 4.40 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of LIGHT (4.40) is better than 73.33% of its industry peers.
A Debt/Equity ratio of 0.45 indicates that LIGHT is not too dependend on debt financing.
With a decent Debt to Equity ratio value of 0.45, LIGHT is doing good in the industry, outperforming 65.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.45 | ||
| Debt/FCF | 4.4 | ||
| Altman-Z | 1.84 |
ROIC/WACC1.46
WACC6.62%
2.3 Liquidity
A Current Ratio of 1.17 indicates that LIGHT should not have too much problems paying its short term obligations.
The Current ratio of LIGHT (1.17) is worse than 65.00% of its industry peers.
A Quick Ratio of 0.72 indicates that LIGHT may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.72, LIGHT is doing worse than 71.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.17 | ||
| Quick Ratio | 0.72 |
3. Growth
3.1 Past
LIGHT shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 4.08%.
Measured over the past years, LIGHT shows a decrease in Earnings Per Share. The EPS has been decreasing by -2.28% on average per year.
Looking at the last year, LIGHT shows a decrease in Revenue. The Revenue has decreased by -4.36% in the last year.
LIGHT shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -0.34% yearly.
EPS 1Y (TTM)4.08%
EPS 3Y-12.27%
EPS 5Y-2.28%
EPS Q2Q%4.13%
Revenue 1Y (TTM)-4.36%
Revenue growth 3Y-3.61%
Revenue growth 5Y-0.34%
Sales Q2Q%-4.38%
3.2 Future
LIGHT is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.55% yearly.
LIGHT is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -0.87% yearly.
EPS Next Y3.15%
EPS Next 2Y5.43%
EPS Next 3Y7.16%
EPS Next 5Y8.55%
Revenue Next Year-4.74%
Revenue Next 2Y-2.54%
Revenue Next 3Y-1.2%
Revenue Next 5Y-0.87%
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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 7.40 indicates a rather cheap valuation of LIGHT.
LIGHT's Price/Earnings ratio is rather cheap when compared to the industry. LIGHT is cheaper than 96.67% of the companies in the same industry.
When comparing the Price/Earnings ratio of LIGHT to the average of the S&P500 Index (27.20), we can say LIGHT is valued rather cheaply.
With a Price/Forward Earnings ratio of 7.37, the valuation of LIGHT can be described as very cheap.
91.67% of the companies in the same industry are more expensive than LIGHT, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 22.71. LIGHT is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.4 | ||
| Fwd PE | 7.37 |
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 86.67% of the companies listed 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 95.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.1 | ||
| EV/EBITDA | 5.33 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
LIGHT has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)2.35
PEG (5Y)N/A
EPS Next 2Y5.43%
EPS Next 3Y7.16%
5. Dividend
5.1 Amount
LIGHT has a Yearly Dividend Yield of 7.02%, which is a nice return.
Compared to an average industry Dividend Yield of 2.59, 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 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.02% |
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
5.3 Sustainability
LIGHT pays out 73.33% 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.
DP73.33%
EPS Next 2Y5.43%
EPS Next 3Y7.16%
AMS:LIGHT (9/17/2025, 5:35:30 PM)
22.86
+0.16 (+0.7%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners70.69%
Inst Owner ChangeN/A
Ins Owners0.37%
Ins Owner ChangeN/A
Market Cap2.93B
Analysts68.7
Price Target23.87 (4.42%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.02% |
Yearly Dividend1.55
Dividend Growth(5Y)3.47%
DP73.33%
Div Incr Years4
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)48%
Min EPS beat(2)18.65%
Max EPS beat(2)77.34%
EPS beat(4)4
Avg EPS beat(4)37.29%
Min EPS beat(4)18.65%
Max EPS beat(4)77.34%
EPS beat(8)7
Avg EPS beat(8)25.1%
EPS beat(12)9
Avg EPS beat(12)17.36%
EPS beat(16)13
Avg EPS beat(16)19.72%
Revenue beat(2)0
Avg Revenue beat(2)-1.89%
Min Revenue beat(2)-2.21%
Max Revenue beat(2)-1.56%
Revenue beat(4)0
Avg Revenue beat(4)-2.69%
Min Revenue beat(4)-3.72%
Max Revenue beat(4)-1.56%
Revenue beat(8)0
Avg Revenue beat(8)-4.02%
Revenue beat(12)0
Avg Revenue beat(12)-4.28%
Revenue beat(16)2
Avg Revenue beat(16)-3.4%
PT rev (1m)0%
PT rev (3m)-5.45%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-15.2%
EPS NY rev (1m)0.19%
EPS NY rev (3m)0.19%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-7.99%
Revenue NY rev (1m)0.2%
Revenue NY rev (3m)-2.44%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.4 | ||
| Fwd PE | 7.37 | ||
| P/S | 0.48 | ||
| P/FCF | 8.1 | ||
| P/OCF | 6.18 | ||
| P/B | 1.13 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.33 |
EPS(TTM)3.09
EY13.52%
EPS(NY)3.1
Fwd EY13.56%
FCF(TTM)2.82
FCFY12.34%
OCF(TTM)3.7
OCFY16.19%
SpS47.2
BVpS20.27
TBVpS-4.2
PEG (NY)2.35
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.14% | ||
| ROE | 13.26% | ||
| ROCE | 11.72% | ||
| ROIC | 9.67% | ||
| ROICexc | 10.61% | ||
| ROICexgc | 44.9% | ||
| OM | 8.73% | ||
| PM (TTM) | 5.69% | ||
| GM | 40.61% | ||
| FCFM | 5.98% |
ROA(3y)4.41%
ROA(5y)4.45%
ROE(3y)11.83%
ROE(5y)13.29%
ROIC(3y)8.31%
ROIC(5y)8.73%
ROICexc(3y)10%
ROICexc(5y)10.94%
ROICexgc(3y)62.11%
ROICexgc(5y)58.99%
ROCE(3y)10.08%
ROCE(5y)10.59%
ROICexcg growth 3Y6.49%
ROICexcg growth 5Y14.46%
ROICexc growth 3Y-5.58%
ROICexc growth 5Y2.94%
OM growth 3Y-2.99%
OM growth 5Y7.06%
PM growth 3Y-2.65%
PM growth 5Y4.95%
GM growth 3Y1.11%
GM growth 5Y1.97%
F-Score8
Asset Turnover0.9
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.45 | ||
| Debt/FCF | 4.4 | ||
| Debt/EBITDA | 1.53 | ||
| Cap/Depr | 46.89% | ||
| Cap/Sales | 1.87% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 61.69% | ||
| Profit Quality | 104.93% | ||
| Current Ratio | 1.17 | ||
| Quick Ratio | 0.72 | ||
| Altman-Z | 1.84 |
F-Score8
WACC6.62%
ROIC/WACC1.46
Cap/Depr(3y)41.13%
Cap/Depr(5y)38.27%
Cap/Sales(3y)1.71%
Cap/Sales(5y)1.68%
Profit Quality(3y)152.64%
Profit Quality(5y)169.78%
High Growth Momentum
Growth
EPS 1Y (TTM)4.08%
EPS 3Y-12.27%
EPS 5Y-2.28%
EPS Q2Q%4.13%
EPS Next Y3.15%
EPS Next 2Y5.43%
EPS Next 3Y7.16%
EPS Next 5Y8.55%
Revenue 1Y (TTM)-4.36%
Revenue growth 3Y-3.61%
Revenue growth 5Y-0.34%
Sales Q2Q%-4.38%
Revenue Next Year-4.74%
Revenue Next 2Y-2.54%
Revenue Next 3Y-1.2%
Revenue Next 5Y-0.87%
EBIT growth 1Y-3.47%
EBIT growth 3Y-6.49%
EBIT growth 5Y6.7%
EBIT Next Year31.47%
EBIT Next 3Y11.7%
EBIT Next 5Y10.78%
FCF growth 1Y-42.17%
FCF growth 3Y-10.86%
FCF growth 5Y-4.11%
OCF growth 1Y-37.25%
OCF growth 3Y-9.95%
OCF growth 5Y-3.01%