Financials Signify N.V.

Equities

LIGHT

NL0011821392

Construction Supplies & Fixtures

Market Closed - Euronext Amsterdam 11:35:06 2024-04-26 am EDT 5-day change 1st Jan Change
25.02 EUR -11.28% Intraday chart for Signify N.V. -11.84% -17.48%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 3,508 4,369 5,091 3,929 3,830 3,160 - -
Enterprise Value (EV) 1 4,126 5,644 6,247 5,285 4,901 4,094 3,858 3,574
P/E ratio 13.5 x 13.8 x 13.2 x 7.65 x 19.1 x 11.4 x 8.88 x 8.12 x
Yield 4.85% 4.05% 3.56% 4.78% 5.11% 6.56% 6.93% 7.84%
Capitalization / Revenue 0.56 x 0.67 x 0.74 x 0.52 x 0.57 x 0.49 x 0.48 x 0.47 x
EV / Revenue 0.66 x 0.87 x 0.91 x 0.7 x 0.73 x 0.63 x 0.58 x 0.53 x
EV / EBITDA 4.41 x 6.22 x 6.34 x 5.54 x 5.67 x 4.86 x 4.23 x 3.69 x
EV / FCF 7.8 x 6.91 x 10.2 x 11.9 x 8.36 x 9.59 x 7.98 x 7.01 x
FCF Yield 12.8% 14.5% 9.83% 8.42% 12% 10.4% 12.5% 14.3%
Price to Book 1.63 x 1.87 x 2.09 x 1.35 x 1.36 x 1.07 x 1.02 x 0.96 x
Nbr of stocks (in thousands) 125,925 126,539 124,831 125,222 126,304 126,315 - -
Reference price 2 27.86 34.53 40.78 31.38 30.32 25.02 25.02 25.02
Announcement Date 1/31/20 1/29/21 1/28/22 1/27/23 1/26/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 6,247 6,502 6,860 7,514 6,704 6,468 6,603 6,773
EBITDA 1 936 907 985 954 864 843 911.1 969.5
EBIT 1 648 695 795 762 670 674.9 742.2 782.4
Operating Margin 10.37% 10.69% 11.59% 10.14% 9.99% 10.43% 11.24% 11.55%
Earnings before Tax (EBT) 1 360 362 490 678 268 363.6 491.3 532.1
Net income 1 262 325 397 523 203 284.9 360.7 405.8
Net margin 4.19% 5% 5.79% 6.96% 3.03% 4.41% 5.46% 5.99%
EPS 2 2.060 2.510 3.090 4.100 1.590 2.191 2.818 3.083
Free Cash Flow 1 529 817 614 445 586 426.8 483.6 510.2
FCF margin 8.47% 12.57% 8.95% 5.92% 8.74% 6.6% 7.32% 7.53%
FCF Conversion (EBITDA) 56.52% 90.08% 62.34% 46.65% 67.82% 50.63% 53.08% 52.63%
FCF Conversion (Net income) 201.91% 251.38% 154.66% 85.09% 288.67% 149.78% 134.07% 125.72%
Dividend per Share 2 1.350 1.400 1.450 1.500 1.550 1.642 1.733 1.961
Announcement Date 1/31/20 1/29/21 1/28/22 1/27/23 1/26/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 1,643 2,008 1,788 1,836 1,912 1,978 1,678 1,644 1,649 1,734 1,468 1,562 1,602 1,756 -
EBITDA 1 230 310 232 219 245 259 198 183 - - 172 114.8 189.7 371.5 -
EBIT 1 182 265 187 174 199 202 149 136 177 209 122 138.4 170.5 237.7 -
Operating Margin 11.08% 13.2% 10.46% 9.48% 10.41% 10.21% 8.88% 8.27% 10.73% 12.05% 8.31% 8.86% 10.64% 13.53% -
Earnings before Tax (EBT) 1 114 202 109 316 144 108 31 57 109 71 48 53.58 122 151.1 -
Net income 1 90 167 87 246 107 84 28 41 83 56 44 30.29 86.49 109.8 -
Net margin 5.48% 8.32% 4.87% 13.4% 5.6% 4.25% 1.67% 2.49% 5.03% 3.23% 3% 1.94% 5.4% 6.25% -
EPS 2 0.7200 1.300 0.6900 1.930 0.8600 0.6600 0.2000 0.3200 0.6400 0.4400 0.2318 0.2377 0.6798 0.8631 -
Dividend per Share 2 - - - - - 1.500 - - - - - - - 1.600 -
Announcement Date 10/29/21 1/28/22 4/29/22 7/29/22 10/28/22 1/27/23 5/3/23 7/28/23 10/27/23 1/26/24 4/26/24 - - - -
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 618 1,275 1,156 1,356 1,071 933 698 414
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 0.6603 x 1.406 x 1.174 x 1.421 x 1.24 x 1.107 x 0.7659 x 0.4271 x
Free Cash Flow 1 529 817 614 445 586 427 484 510
ROE (net income / shareholders' equity) 17.6% 21.6% 22.7% 19.4% 7.08% 10.6% 13.6% 14.7%
ROA (Net income/ Total Assets) 5.77% 6.5% 6.63% 6.32% 2.49% 4.05% 4.63% -
Assets 1 4,544 5,000 5,990 8,271 8,146 7,039 7,791 -
Book Value Per Share 2 17.10 18.50 19.50 23.30 22.30 23.40 24.40 26.00
Cash Flow per Share 2 4.690 6.870 5.470 2.950 5.470 4.370 4.920 5.130
Capex 1 70 75 91 - 110 122 123 129
Capex / Sales 1.12% 1.15% 1.33% - 1.64% 1.88% 1.86% 1.9%
Announcement Date 1/31/20 1/29/21 1/28/22 1/27/23 1/26/24 - - -
1EUR in Million2EUR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
A
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
12
Last Close Price
25.02 EUR
Average target price
34.58 EUR
Spread / Average Target
+38.22%
Consensus
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  3. LIGHT Stock
  4. Financials Signify N.V.