LIGHT NA

Signify N.V.

Industrial/Transportation, Consumer


Presented:05/10/2018
Price:€26.02
Cap:$4.03B
Current Price:€22.28
Cap:$3.13B

Presented

Date05/10/2018
Price€26.02
Market Cap$4.03B
Ent Value$5.27B
P/E Ratio14.87x
Book Value€15.30
Div Yield4.23%
Shares O/S139.00M
Ave Daily Vol698,847
Short IntN/A

Current

Price€22.28
Market Cap$3.13B
Signify N.V. engages in the provision, development, manufacture, and application of lighting products, systems, and services. It operates through the following segments: Lamps. LED (Light-Emitting Diode), Professional, Home, and Others. The company was founded by Gerard Leonard Philips and Anton Frederik Philips in 1891 and is headquartered in Eindhoven, Netherlands.

Please note, Philips Lighting NV (LIGHT NA) changed its company name to Signify NV (LIGHT NA). The content of this idea will make reference to the original company name.

Publicly traded companies mentioned herein: Alphabet Inc (GOOGL), Philips Lighting NV (LIGHT NA)

Highlights

The presenter is short shares of Philips Lighting (LIGHT NA, “LIGHT”), seeing structural challenges for the core traditional lightning business. LIGHT’s other segments have been relying on cash flow generated from traditional lighting, and as the core business declines, LIGHT will find itself unable to fund new growth.

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Idea Discussion

Commentor 1 - 2 weeks ago

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