Signify N.V. (SFFYF)
Signify N.V. operates in the Electrical Equipment & Parts industry of the Industrials sector, headquartered in Eindhoven, NB, NL. The stock last traded at $17.74, up 0.00% on the session, giving a market capitalisation of $2.11B. On trailing twelve-month figures it carries a trailing P/E of 11.88, a net margin of 2.8%. Its beta of 0.90 implies it has historically moved less than the broad market.
Signify N.V., founded in 1891 and based in Eindhoven, the Netherlands, operates globally, providing a comprehensive range of lighting products, integrated systems, and services across Europe, the Americas, and various international regions. Its business activities are structured into three primary divisions: Digital Solutions, Digital Products, and Conventional Products. The company delivers both advanced LED and traditional lighting fixtures, complete systems, and support services designed for diverse environments, including corporate offices, commercial establishments, retail outlets, hospitality venues, industrial facilities, agricultural applications, and outdoor spaces. Its digital offerings also extend to various LED light sources, such as spotlights, bulbs, and tubes, catering to both professional and consumer markets. Furthermore, Signify supplies vital LED electronic components, including drivers and modules, to original equipment manufacturers (OEMs) for their professional luminaire applications in retail, office, industrial, and outdoor settings. A key area of innovation for the company involves the development and sale of sophisticated connected lighting systems and smart luminaires. In addition to its contemporary LED portfolio, Signify continues to manufacture and distribute lamps utilizing non-LED technologies. These encompass high-intensity discharge lamps, fluorescent tubes (TL, compact fluorescent), halogen, and incandescent bulbs, along with their associated electronic ballasts and drivers. The company also produces specialized lighting solutions for both residential and professional use, as well as digital projection lamps and drivers for the OEM and replacement markets. The company, which was previously known as Philips Lighting N.V., officially rebranded as Signify N.V. in May 2018.
Signify N.V. is most often compared with the following Industrials names: