(LIGHT) Signify - Ratings and Ratios
LED, Drivers, Modules, HID, Halogen
LIGHT EPS (Earnings per Share)
LIGHT Revenue
Description: LIGHT Signify
Signify N.V. is a leading provider of lighting products, systems, and services across various regions, including Europe, the Americas, and internationally. The companys diverse portfolio caters to multiple market segments, such as offices, commercial buildings, shops, hospitality, industry, agriculture, and outdoor environments, through its Digital Solutions, Digital Products, and Conventional Products segments.
The companys product offerings include LED electronic components, such as LED drivers and modules, which are supplied to original equipment manufacturers (OEMs) for professional luminaire applications. Additionally, Signify N.V. produces and sells lamps based on non-LED technologies, including high intensity discharge lamps, TL, compact fluorescent, halogen, and incandescent lamps, as well as electronic ballast and drivers, and specialty lighting products. With a history dating back to 1891, the company is headquartered in Eindhoven, the Netherlands.
From a financial perspective, Signify N.V. has a market capitalization of approximately €2.59 billion, with a price-to-earnings (P/E) ratio of 7.79 and a forward P/E ratio of 7.32, indicating a relatively undervalued stock. The companys return on equity (RoE) stands at 11.83%, suggesting a decent level of profitability. To further evaluate the companys performance, key performance indicators (KPIs) such as revenue growth, gross margin, and operating margin can be examined. For instance, a high gross margin could indicate a strong pricing power, while a rising operating margin might suggest effective cost management.
Some additional KPIs that can be used to assess Signify N.V.s performance include its debt-to-equity ratio, interest coverage ratio, and dividend yield. A low debt-to-equity ratio and a high interest coverage ratio could indicate a healthy balance sheet and a companys ability to meet its debt obligations. A stable or increasing dividend yield might also be attractive to income-seeking investors. By analyzing these KPIs, investors can gain a more comprehensive understanding of Signify N.V.s financial health and growth prospects.
LIGHT Stock Overview
| Market Cap in USD | 3,219m |
| Sub-Industry | Electrical Components & Equipment |
| IPO / Inception |
LIGHT Stock Ratings
| Growth Rating | 9.57% |
| Fundamental | 57.2% |
| Dividend Rating | 69.4% |
| Return 12m vs S&P 500 | -2.01% |
| Analyst Rating | - |
LIGHT Dividends
| Dividend Yield 12m | 7.23% |
| Yield on Cost 5y | 6.76% |
| Annual Growth 5y | 3.51% |
| Payout Consistency | 78.3% |
| Payout Ratio | 52.2% |
LIGHT Growth Ratios
| Growth Correlation 3m | 5.5% |
| Growth Correlation 12m | 52.5% |
| Growth Correlation 5y | -82.2% |
| CAGR 5y | 3.35% |
| CAGR/Max DD 3y | 0.08 |
| CAGR/Mean DD 3y | 0.15 |
| Sharpe Ratio 12m | 1.87 |
| Alpha | 0.03 |
| Beta | 0.597 |
| Volatility | 30.68% |
| Current Volume | 347.2k |
| Average Volume 20d | 347.2k |
| Stop Loss | 22.1 (-3.3%) |
| Signal | 1.33 |
Piotroski VR‑10 (Strict, 0-10) 4.5
| Net Income (344.0m TTM) > 0 and > 6% of Revenue (6% = 363.5m TTM) |
| FCFTA 0.05 (>2.0%) and ΔFCFTA -2.34pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 6.27% (prev 5.34%; Δ 0.94pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.07 (>3.0%) and CFO 474.0m > Net Income 344.0m (YES >=105%, WARN >=100%) |
| Net Debt (711.0m) to EBITDA (449.0m) ratio: 1.58 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.17 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (122.9m) change vs 12m ago -2.55% (target <= -2.0% for YES) |
| Gross Margin 40.03% (prev 39.71%; Δ 0.32pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 85.69% (prev 85.32%; Δ 0.37pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 4.28 (EBITDA TTM 449.0m / Interest Expense TTM 105.0m) >= 6 (WARN >= 3) |
Altman Z'' 1.54
| (A) 0.06 = (Total Current Assets 2.58b - Total Current Liabilities 2.20b) / Total Assets 6.71b |
| (B) 0.15 = Retained Earnings (Balance) 988.0m / Total Assets 6.71b |
| (C) 0.06 = EBIT TTM 449.0m / Avg Total Assets 7.07b |
| (D) 0.25 = Book Value of Equity 988.0m / Total Liabilities 4.02b |
| Total Rating: 1.54 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 57.18
| 1. Piotroski 4.50pt = -0.50 |
| 2. FCF Yield 5.67% = 2.84 |
| 3. FCF Margin 5.94% = 1.49 |
| 4. Debt/Equity 1.54 = 1.41 |
| 5. Debt/Ebitda 8.95 = -2.50 |
| 6. ROIC - WACC (= 8.15)% = 10.19 |
| 7. RoE 11.83% = 0.99 |
| 8. Rev. Trend -83.04% = -6.23 |
| 9. EPS Trend -9.99% = -0.50 |
What is the price of LIGHT shares?
Over the past week, the price has changed by -0.87%, over one month by +1.42%, over three months by +0.97% and over the past year by +16.15%.
Is Signify a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of LIGHT is around 22.85 EUR . This means that LIGHT is currently overvalued and has a potential downside of -0.04%.
Is LIGHT a buy, sell or hold?
What are the forecasts/targets for the LIGHT price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 24.8 | 8.4% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 24.4 | 6.5% |
LIGHT Fundamental Data Overview
Market Cap EUR = 2.72b (2.72b EUR * 1.0 EUR.EUR)
CCE Cash And Equivalents = 396.0m EUR (Cash only, last quarter)
P/E Trailing = 8.2583
P/E Forward = 7.1276
P/S = 0.4497
P/B = 1.0469
Beta = 0.933
Revenue TTM = 6.06b EUR
EBIT TTM = 449.0m EUR
EBITDA TTM = 449.0m EUR
Long Term Debt = 1.82b EUR (from nonCurrentLiabilitiesTotal, last quarter)
Short Term Debt = 2.20b EUR (from totalCurrentLiabilities, last quarter)
Debt = 4.02b EUR (Calculated: Short Term 2.20b + Long Term 1.82b)
Net Debt = 711.0m EUR (from netDebt column, last fiscal year)
Enterprise Value = 6.35b EUR (2.72b + Debt 4.02b - CCE 396.0m)
Interest Coverage Ratio = 4.28 (Ebit TTM 449.0m / Interest Expense TTM 105.0m)
FCF Yield = 5.67% (FCF TTM 360.0m / Enterprise Value 6.35b)
FCF Margin = 5.94% (FCF TTM 360.0m / Revenue TTM 6.06b)
Net Margin = 5.68% (Net Income TTM 344.0m / Revenue TTM 6.06b)
Gross Margin = 40.03% ((Revenue TTM 6.06b - Cost of Revenue TTM 3.63b) / Revenue TTM)
Tobins Q-Ratio = 6.42 (Enterprise Value 6.35b / Book Value Of Equity 988.0m)
Interest Expense / Debt = 0.52% (Interest Expense 21.0m / Debt 4.02b)
Taxrate = 15.23% (60.0m / 394.0m)
NOPAT = 380.6m (EBIT 449.0m * (1 - 15.23%))
Current Ratio = 1.17 (Total Current Assets 2.58b / Total Current Liabilities 2.20b)
Debt / Equity = 1.54 (Debt 4.02b / last Quarter total Stockholder Equity 2.60b)
Debt / EBITDA = 8.95 (Net Debt 711.0m / EBITDA 449.0m)
Debt / FCF = 11.16 (Debt 4.02b / FCF TTM 360.0m)
Total Stockholder Equity = 2.91b (last 4 quarters mean)
RoA = 5.12% (Net Income 344.0m, Total Assets 6.71b )
RoE = 11.83% (Net Income TTM 344.0m / Total Stockholder Equity 2.91b)
RoCE = 9.50% (Ebit 449.0m / (Equity 2.91b + L.T.Debt 1.82b))
RoIC = 11.73% (NOPAT 380.6m / Invested Capital 3.24b)
WACC = 3.58% (E(2.72b)/V(6.74b) * Re(8.21%)) + (D(4.02b)/V(6.74b) * Rd(0.52%) * (1-Tc(0.15)))
Shares Correlation 3-Years: 16.79 | Cagr: -0.13%
Discount Rate = 8.21% (= CAPM, Blume Beta Adj.)
[DCF Debug] Terminal Value 75.87% ; FCFE base≈444.8m ; Y1≈396.7m ; Y5≈334.8m
Fair Price DCF = 48.30 (DCF Value 5.88b / Shares Outstanding 121.7m; 5y FCF grow -13.35% → 3.0% )
EPS Correlation: -9.99 | EPS CAGR: -18.08% | SUE: 0.59 | # QB: 0
Revenue Correlation: -83.04 | Revenue CAGR: -10.30% | SUE: 0.27 | # QB: 0