SIGNIFY NV (LIGHT.AS) Stock Fundamental Analysis
AMS:LIGHT - Euronext Amsterdam - NL0011821392 - Common Stock - Currency: EUR
LIGHT gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 55 industry peers in the Electrical Equipment industry. LIGHT scores excellent on profitability, but there are some minor concerns on its financial health. LIGHT is valued quite cheap, but it does not seem to be growing. Finally LIGHT also has an excellent dividend rating.
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.
LIGHT had positive earnings in each of the past 5 years.
In the past 5 years LIGHT always reported a positive cash flow from operatings.
1.2 Ratios
LIGHT has a better Return On Assets (5.14%) than 78.33% of its industry peers.
LIGHT's Return On Equity of 13.26% is fine compared to the rest of the industry. LIGHT outperforms 70.00% of its industry peers.
With a decent Return On Invested Capital value of 9.67%, LIGHT is doing good in the industry, outperforming 78.33% of the companies in the same industry.
LIGHT had an Average Return On Invested Capital over the past 3 years of 8.31%. This is in line with the industry average of 8.16%.
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
LIGHT has a better Profit Margin (5.69%) than 75.00% of its industry peers.
In the last couple of years the Profit Margin of LIGHT has grown nicely.
LIGHT has a better Operating Margin (8.73%) 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 61.67% 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
LIGHT has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
LIGHT has about the same amout of shares outstanding than it did 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
An Altman-Z score of 1.83 indicates that LIGHT is not a great score, but indicates only limited risk for bankruptcy at the moment.
LIGHT has a Altman-Z score of 1.83. This is comparable to the rest of the industry: LIGHT outperforms 51.67% of its industry peers.
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.
LIGHT has a Debt to FCF ratio of 4.40. This is in the better half of the industry: LIGHT outperforms 66.67% of its industry peers.
A Debt/Equity ratio of 0.45 indicates that LIGHT is not too dependend on debt financing.
LIGHT's Debt to Equity ratio of 0.45 is in line compared to the rest of the industry. LIGHT outperforms 48.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.45 | ||
| Debt/FCF | 4.4 | ||
| Altman-Z | 1.83 |
ROIC/WACC1.32
WACC7.31%
2.3 Liquidity
LIGHT has a Current Ratio of 1.17. This is a normal value and indicates that LIGHT is financially healthy and should not expect problems in meeting its short term obligations.
LIGHT has a worse Current ratio (1.17) than 71.67% of its industry peers.
A Quick Ratio of 0.72 indicates that LIGHT may have some problems paying its short term obligations.
LIGHT has a Quick ratio of 0.72. This is in the lower half of the industry: LIGHT underperforms 76.67% of its industry peers.
| 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%.
The Earnings Per Share has been decreasing by -2.28% on average over the past years.
LIGHT shows a decrease in Revenue. In the last year, the revenue decreased by -4.36%.
Measured over the past years, LIGHT shows a decrease in Revenue. The Revenue has been decreasing by -0.34% on average per year.
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
The Earnings Per Share is expected to grow by 9.47% on average over the next years. This is quite good.
Based on estimates for the next years, LIGHT will show a small growth in Revenue. The Revenue will grow by 0.04% on average per year.
EPS Next Y2.95%
EPS Next 2Y6.62%
EPS Next 3Y8.04%
EPS Next 5Y9.47%
Revenue Next Year-4.93%
Revenue Next 2Y-2.56%
Revenue Next 3Y-1.23%
Revenue Next 5Y0.04%
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.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 7.14 indicates a rather cheap valuation of LIGHT.
98.33% of the companies in the same industry are more expensive than LIGHT, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 26.51, LIGHT is valued rather cheaply.
The Price/Forward Earnings ratio is 6.96, which indicates a rather cheap valuation of LIGHT.
Compared to the rest of the industry, the Price/Forward Earnings ratio of LIGHT indicates a rather cheap valuation: LIGHT is cheaper than 91.67% of the companies listed in the same industry.
LIGHT is valuated cheaply when we compare the Price/Forward Earnings ratio to 34.09, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.14 | ||
| Fwd PE | 6.96 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, LIGHT is valued cheaper than 88.33% of the companies in the same industry.
LIGHT's Price/Free Cash Flow ratio is rather cheap when compared to the industry. LIGHT is cheaper than 95.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.82 | ||
| EV/EBITDA | 5.22 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates LIGHT does not grow enough to justify the current Price/Earnings ratio.
LIGHT has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)2.42
PEG (5Y)N/A
EPS Next 2Y6.62%
EPS Next 3Y8.04%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 7.20%, LIGHT is a good candidate for dividend investing.
LIGHT's Dividend Yield is rather good when compared to the industry average which is at 2.42. LIGHT pays more dividend than 100.00% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.40, LIGHT pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.2% |
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 2Y6.62%
EPS Next 3Y8.04%
AMS:LIGHT (8/8/2025, 7:00:00 PM)
22.06
+0.38 (+1.75%)
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 Cap2.83B
Analysts69.57
Price Target23.87 (8.2%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.2% |
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)-6.4%
PT rev (3m)-8.65%
EPS NQ rev (1m)2.77%
EPS NQ rev (3m)-15.2%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)-1.32%
Revenue NQ rev (3m)-7.99%
Revenue NY rev (1m)-2.63%
Revenue NY rev (3m)-4.2%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.14 | ||
| Fwd PE | 6.96 | ||
| P/S | 0.47 | ||
| P/FCF | 7.82 | ||
| P/OCF | 5.96 | ||
| P/B | 1.09 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.22 |
EPS(TTM)3.09
EY14.01%
EPS(NY)3.17
Fwd EY14.37%
FCF(TTM)2.82
FCFY12.79%
OCF(TTM)3.7
OCFY16.78%
SpS47.2
BVpS20.27
TBVpS-4.2
PEG (NY)2.42
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 | 1.83 |
F-Score8
WACC7.31%
ROIC/WACC1.32
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 Y2.95%
EPS Next 2Y6.62%
EPS Next 3Y8.04%
EPS Next 5Y9.47%
Revenue 1Y (TTM)-4.36%
Revenue growth 3Y-3.61%
Revenue growth 5Y-0.34%
Sales Q2Q%-4.38%
Revenue Next Year-4.93%
Revenue Next 2Y-2.56%
Revenue Next 3Y-1.23%
Revenue Next 5Y0.04%
EBIT growth 1Y-3.47%
EBIT growth 3Y-6.49%
EBIT growth 5Y6.7%
EBIT Next Year31.47%
EBIT Next 3Y11.7%
EBIT Next 5Y10.6%
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%