LIGHT.AS · Intrinsic value
Is Signify N.V. (LIGHT.AS) overvalued or undervalued?
Signify N.V. (LIGHT.AS) trades at the delayed market price of €14.17 a share. That price already implies revenue growth of −7.7% a year for 5 years. TickerWorth's fair value is €30.82 a share (54% below fair value), as of Oct 19, 2026. It is a model estimate, and every input behind it is sourced below.
Model by Miraaj Patel · generated from market data · Updated Oct 19, 2026 · How these pages are made
Is LIGHT.AS undervalued?
- Fair value
- €30.82
- Market price
- €14.17
- Upside to fair value
- +117.5%
- Verdict
- 54% below fair value
Reverse DCF: Today's price implies revenue growth of −7.7% a year for 5 years; our model assumes −1.1% a year on average over the same horizon.
What is LIGHT.AS's TickerWorth Score?
Middle of the pack — real strengths and real weaknesses
Compared with Industrials companies in Europe
Its strongest point: looks cheap on the numbers. Its weakest: profitability is weak.
- Value · 96 of 100
Cheaper than 96% of Industrials companies in Europe
- Price vs worth · 100 of 100
- Quality · 23 of 100
More profitable than 23% of Industrials companies in Europe
- Financial health · 44 of 100
Financially stronger than 44% of Industrials companies in Europe
- Growth · 21 of 100
Growing faster than 21% of Industrials companies in Europe
- Momentum · 0 of 100
Outperformed almost none of the Industrials companies in Europe over the past year
Confidence: Medium confidence · Scored
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LIGHT.AS DCF valuation: where the gap comes from
At a recent price of €14.17, Signify N.V. (LIGHT.AS) trades 54% below TickerWorth's blended fair value of €30.82 per share — a discounted-cash-flow model cross-checked against peer multiples and asset value — meaning the market currently prices LIGHT.AS undervalued vs our estimate of what the business is intrinsically worth. Our fair value sits above the market, an implied +117.5% move to close the gap if the business performs in line with our assumptions. This is an educational model, not a price target or a recommendation — the value moves with the inputs, which you can test yourself using the WACC slider below.
Read the full reasoning
One of the lenses behind that blended figure is a discounted-cash-flow model, which on its own values LIGHT.AS at about €22.79 per share. The rest of this page walks through that DCF — its assumptions, reverse-DCF and discount-rate sensitivity — because it is the auditable anchor of the blend.
The valuation discounts Signify N.V.'s projected free cash flows at a weighted-average cost of capital (WACC) of 7.5%, with a long-run terminal growth rate of 2.5%. About 78% of the enterprise value comes from the terminal value — the portion beyond the explicit forecast window — which is typical for a stable, cash-generative business and a reminder that small changes in the discount rate or terminal growth assumption swing the intrinsic value meaningfully.
Running the DCF in reverse — solving for the growth the current price already assumes — the market is implying roughly -7.7% annual revenue growth for LIGHT.AS. Our base case instead compounds to about -1.1% a year over the same forecast, so the market is pricing in slower growth than our base case. The reverse-DCF is a quick sanity check: it reframes 'is this stock cheap?' as 'do I believe the growth the price requires?' rather than arguing over a single point estimate of fair value.
Sensitivity matters more than any single number. Across a reasonable band of discount-rate assumptions, LIGHT.AS's modeled DCF value ranges from about €12.94 to €51.95 per share. If that range still sits below today's price, the market is optimistic relative to the model across the whole band; if it brackets the price, the stock is roughly fairly valued on our assumptions. Use the interactive slider to see exactly where your own cost-of-capital view lands.
How to read this page: the DCF fair value is what Signify N.V. would be worth if its cash flows grow as modeled and are discounted at the stated WACC. The assumptions table shows every input and its source; the reverse-DCF shows what the market believes; the sensitivity band shows how fragile the answer is. None of this is investment advice — it is a transparent, auditable framework for forming your own view of LIGHT.AS's intrinsic value. Figures update as new filings and prices come in.
Every input behind LIGHT.AS's DCF
| Input | Value |
|---|---|
| Base-year revenueLive feed — totalRevenue (TTM) | €5,505,000,000 |
| Base EBIT marginComputed — trailing operatingMargins, held roughly flat | 5.1% |
| Forecast revenue growthESTIMATEAssumption — TickerWorth's 5-year explicit forecast | -6% → -4% → -1% → 1% → 4% |
| Risk-free rateLive feed — US 10-year Treasury yield (^TNX) | 5.1% |
| BetaLive feed — yfinance, 5-year monthly beta vs the S&P 500 (clamped to 0.4–2.5) | 0.89 |
| Terminal growthESTIMATEAssumption — TickerWorth house default 2.5%, held below WACC | 2.5% |
| Diluted sharesLive feed — sharesOutstanding | 119M |
| Market priceLast known price · as of 2026-10-19 13:16 UTC | €14.17 |
Change LIGHT.AS's assumptions
The discount-rate dial and the editable model
ProChange growth, margin and WACC yourself — Pro (7-day free trial, card required).
What does Signify N.V. do?
What does it do?
Signify N.V. provides lighting products, systems, and services in Europe, the Americas, and internationally. It operates in the Electrical Equipment & Parts industry (Industrials sector), headquartered in Netherlands. The company employs roughly 25,866 people.
How does it make money?
The business turns 5.5B in annual revenue into profit. Out of every $100 of sales, about $5 is left as operating profit (operating margin of 5.1%), after a 40% gross margin on the products/services it sells. After all costs, taxes and interest, 2.9% of revenue becomes bottom-line net profit.
Is it financially healthy?
Financially it looks stretched: carries modest debt (0.6× equity), may struggle to cover its short-term bills (0.9× current ratio), and is currently profitable.
LIGHT.AS insider trading
Insider filings are available for US-listed companies only.
Common questions
What is LIGHT.AS's intrinsic value?
TickerWorth's blended fair value for Signify N.V. (LIGHT.AS) is €30.82 per share, versus a market price of €14.17 (54% below fair value).
Is LIGHT.AS overvalued or undervalued?
On our blended fair value LIGHT.AS looks undervalued vs fair value at €14.17. This is an educational estimate, not advice.
What discount rate is used for LIGHT.AS?
A WACC of 7.5% and a terminal growth rate of 2.5%.
Is Signify stock undervalued?
TickerWorth's fair value for Signify N.V. (LIGHT.AS) is €30.82 against a market price of €14.17. Our read: 54% below fair value. This is a model estimate, not investment advice.
Signify (LIGHT.AS) DCF valuation and fair value
Our fair value for Signify N.V. (LIGHT.AS) is €30.82, built on a 7.5% discount rate (WACC) and 2.5% terminal growth. It blends our discounted-cash-flow model with other valuation lenses. Every assumption is listed on this page with its source.
What growth is priced into Signify stock?
Today's price implies revenue growth of −7.7% a year for 5 years; our model assumes −1.1% a year on average over the same horizon. This is a reverse DCF: it holds our cash-flow model's other inputs and solves for the revenue growth that makes the model equal today's price of €14.17. A model estimate, not investment advice.
Signify (LIGHT.AS) insider trading
We have no recent SEC Form 4 insider filings on file for Signify N.V. (LIGHT.AS). Form 4 covers US-listed companies only.
More stocks below our fair value
Not investment advice. TickerWorth Score is a model output.
Educational tool. Every output reflects the assumptions shown — not a prediction and not investment advice. TickerWorth is not a licensed investment adviser, and these figures are estimates from public filings and market data that can be wrong.