Signify NV (NL:LIGHT)
:LIGHT
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Signify NV
(LIGHT)
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Rating:64Neutral
Price Target:
€21.00
▲(8.42% Upside)
Action:ReiteratedDate:02/01/26
The score is supported primarily by strong cash generation and an attractive valuation (low P/E and high dividend yield). This is tempered by weakening income-statement trends (shrinking revenue and compressed margins) and bearish technicals with the stock below key moving averages and negative momentum.
Positive Factors
Strong free cash flow generation
Consistent and growing free cash flow (~€399M, +20.5% YoY) provides durable financial flexibility to fund capex, R&D for connected lighting, pay dividends, and de-lever. Reliable cash conversion supports sustained operations and strategic investments over the medium term.
Negative Factors
Multi-year revenue contraction
Persistent revenue declines over multiple years weaken top-line momentum and limit operating leverage. Continued contraction makes it harder to absorb fixed costs, constrain reinvestment capacity, and raises execution risk for growth initiatives in core and connected segments.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong free cash flow generation
Consistent and growing free cash flow (~€399M, +20.5% YoY) provides durable financial flexibility to fund capex, R&D for connected lighting, pay dividends, and de-lever. Reliable cash conversion supports sustained operations and strategic investments over the medium term.
Read all positive factors
Signify NV (LIGHT) vs. iShares MSCI Netherlands ETF (EWN)
Market Cap
€2.33B
Dividend Yield7.57%
Average Volume (3M)435.71K
Price to Earnings (P/E)10.2
Beta (1Y)0.81
Revenue Growth-4.73%
EPS Growth17.93%
CountryNL
Employees29,697
SectorGeneral
Sector StrengthN/A
IndustryElectrical Equipment & Parts
Share Statistics
EPS (TTM)0.52
Shares Outstanding122,581,100
10 Day Avg. Volume437,146
30 Day Avg. Volume435,709
Financial Highlights & Ratios
PEG Ratio-0.49
Price to Book (P/B)0.97
Price to Sales (P/S)0.45
P/FCF Ratio6.47
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€19.94Price Target Upside2.94% Upside
Rating ConsensusHold
Number of Analyst Covering7
EPS Forecast (FY)1.66
Revenue Forecast (FY)€5.56B
Signify NV Business Overview & Revenue Model
Company Description
Signify N.V. provides lighting products, systems, and services in Europe, the Americas, and internationally. The company operates through Digital Solutions, Digital Products, and Conventional Products segments. It offers light-emitting diode (LED)...
How the Company Makes Money
Signify generates revenue through multiple streams, primarily from the sale of lighting products, which include LED lamps, luminaires, and lighting systems. A significant portion of its revenue also comes from providing connected lighting solution...
Signify NV Financial Statement Overview
Summary
Income Statement
56
Neutral
Balance Sheet
62
Positive
Cash Flow
71
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 5.76B | 6.14B | 6.70B | 7.51B | 6.86B |
| Gross Profit | 2.31B | 2.44B | 2.56B | 2.73B | 2.67B |
| EBITDA | 693.00M | 773.00M | 590.00M | 1.04B | 827.00M |
| Net Income | 254.00M | 328.00M | 203.00M | 523.00M | 397.00M |
Balance Sheet | |||||
| Total Assets | 6.72B | 7.60B | 8.00B | 8.29B | 8.26B |
| Cash, Cash Equivalents and Short-Term Investments | 623.00M | 633.00M | 1.16B | 676.00M | 852.00M |
| Total Debt | 1.58B | 1.55B | 2.23B | 2.03B | 2.01B |
| Total Liabilities | 3.95B | 4.33B | 5.06B | 5.22B | 5.66B |
| Stockholders Equity | 2.67B | 3.16B | 2.82B | 2.92B | 2.46B |
Cash Flow | |||||
| Free Cash Flow | 399.00M | 415.00M | 586.00M | 244.00M | 586.00M |
| Operating Cash Flow | 531.00M | 514.00M | 696.00M | 376.00M | 704.00M |
| Investing Cash Flow | -110.00M | -72.00M | -115.00M | -256.00M | -91.00M |
| Financing Cash Flow | -415.00M | -970.00M | -67.00M | -295.00M | -876.00M |
Signify NV Technical Analysis
Neutral
19.37
Price Trends
19.12
Positive
19.85
Negative
21.05
Negative
Market Momentum
<0.01
Negative
58.86
Neutral
87.23
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NL:LIGHT, the sentiment is Neutral. The current price of 19.37 is above the 20-day moving average (MA) of 18.46, above the 50-day MA of 19.12, and below the 200-day MA of 21.05, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 58.86 is Neutral, neither overbought nor oversold. The STOCH value of 87.23 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for NL:LIGHT.
Signify NV Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
66 Neutral | €18.44B | 19.36 | 34.21% | 4.43% | 3.75% | 0.28% | |
64 Neutral | €2.33B | 10.16 | 11.48% | 7.57% | -4.73% | 17.93% | |
64 Neutral | €5.42B | 20.99 | 10.83% | 2.83% | 6.09% | -7.18% | |
58 Neutral | €3.83B | 18.97 | 1.49% | 9.24% | -3.62% | -87.74% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
50 Neutral | €566.67M | -31.57 | -12.23% | 6.72% | 2.44% | -179.02% | |
50 Neutral | €208.27M | -1,208.06 | -10.80% | ― | -13.84% | -286.67% |
* General Sector Average
NL:LIGHT
Signify NV
19.37
2.60
15.49%
NL:IMCD
IMCD N.V.
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4.82
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-31.62%
NL:ALFEN
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9.60
-2.77
-22.36%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.