Signify N.V. (PHPPY)
Signify N.V. operates in the Electrical Equipment & Parts industry of the Industrials sector, headquartered in Eindhoven, NB, NL. The stock last traded at $8.52, up 0.00% on the session, giving a market capitalisation of $4.07B. On trailing twelve-month figures it carries a trailing P/E of 12.04, a net margin of 2.8%. Its beta of 0.92 implies it has historically moved less than the broad market.
Signify N.V., established in 1891 and headquartered in Eindhoven, Netherlands, serves as a global purveyor of diverse lighting solutions, including products, comprehensive systems, and specialized services. The company's operational scope spans Europe, the Americas, and various international regions, structured around its Digital Solutions, Digital Products, and Conventional Products divisions. The firm's extensive portfolio encompasses both cutting-edge light-emitting diode (LED) and traditional luminaires, integrated systems, and support services, tailored for a wide array of sectors. These include corporate offices, commercial buildings, retail establishments, hospitality venues, industrial facilities, agricultural operations, and outdoor environments. Signify also provides a variety of LED lamps, such as spotlights, standard bulbs, and tubes, distributed through both professional and consumer channels. Furthermore, it supplies essential LED electronic components like drivers and modules directly to original equipment manufacturers (OEMs), intended for professional luminaire applications in retail, office, industrial, and outdoor settings. A core area of development for the company involves designing and selling advanced connected lighting systems and smart luminaires. Beyond its LED offerings, Signify continues to produce and distribute lighting products based on non-LED technologies. This includes high-intensity discharge lamps, fluorescent tubes (TL), compact fluorescents, halogens, incandescents, and specialized lighting items, alongside their associated electronic ballasts and drivers, catering to both residential and professional needs. The company also manufactures digital projection lamps and drivers for the OEM and replacement markets. Signify N.V. was formerly known as Philips Lighting N.V. before officially changing its name in May 2018.
Signify N.V. is most often compared with the following Industrials names: