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Signify NVWBO:LGHT +0.80%67 Net-Net Working Capital is €-19.26 as of Mar. 2026. GuruFocus rates WBO:LGHT with a GF Score™ of 67/100 and a GF Value™ of €20.59 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,361 Industrial Products companies, Signify NV ranks worse than 73475.31% on this metric.
In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. This is a conservative way of estimating the company's value.
Signify NV's Net-Net Working Capital for the quarter that ended in Mar. 2026 was €-19.26.
The industry rank for Signify NV's Net-Net Working Capital or its related term are showing as below:
WBO:LGHT's Price-to-Net-Net-Working-Capital is not ranked *
in the Industrial Products industry.
Industry Median: 7.8 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
Signify NV (WBO:LGHT) Net-Net Working Capital Explanation
One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.
Benjamin Graham looked for companies whose market values were less than two-thirds of their net-net value. They are collected under our Net-Net screener.
Signify NV Net-Net Working Capital Related Terms
Signify NV Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for Signify NV's Net-Net Working Capital can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
WBO:LGHT vs VRT, BE, HUBB: Net-Net Working Capital Comparison
For the Electrical Equipment & Parts subindustry, Signify NV's Price-to-Net-Net-Working-Capital, along with its competitors' market caps and Price-to-Net-Net-Working-Capital data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Signify NV Price-to-Net-Net-Working-Capital vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Signify NV's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Signify NV's Price-to-Net-Net-Working-Capital falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full.
In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.
This is a conservative way of estimating the company's value.
What does a Net-Net Working Capital of €-19.26 mean?
Signify NV (WBO:LGHT) has a Net-Net Working Capital of €-19.26 as of Mar. 2026. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Signify NV According to the industry distribution chart, Signify NV ranks #999999 out of 1361 companies in the Industrial Products industry.
Is Signify NV's Net-Net Working Capital too high?
Signify NV's current Net-Net Working Capital is €-19.26. Based on the distribution chart, Signify NV ranks #999999 out of 1361 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Signify NV has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Signify NV's Net-Net Working Capital compare to VRT and BE?
According to the Industrial Products industry distribution chart, Signify NV ranks #999999 out of 1361 companies for Net-Net Working Capital. This places Signify NV in the lower half of its industry. The industry median Net-Net Working Capital is 7.80. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net-Net Working Capital for an Industrial Products company?
The median Net-Net Working Capital among Industrial Products companies is 7.80, based on 1,361 companies in the industry. Companies in the top quartile (top 25%) have a Net-Net Working Capital significantly above this median, while those in the bottom quartile fall well below. However, Net-Net Working Capital should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net-Net Working Capital mean?
A high Net-Net Working Capital can signal that a stock is expensive relative to its fundamentals. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Signify NV For the Industrial Products industry, the median Net-Net Working Capital is 7.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Signify NV's current Net-Net Working Capital is €-19.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Signify NV stock overvalued right now?
Based on GuruFocus' analysis, Signify NV (WBO:LGHT) is currently considered Modestly Undervalued. The stock's GF Value™ is €20.59, compared to a current price of €16.28 — trading 20.9% below its estimated fair value. The current Net-Net Working Capital is €-19.26. Signify NV's overall GF Score™ is 67/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net-Net Working Capital calculated?
Net-Net Working Capital is calculated from a company's financial statements. For Signify NV (WBO:LGHT), the current Net-Net Working Capital is €-19.26 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Signify NV (WBO:LGHT) Overvalued in 2026?
Based on GuruFocus' analysis, Signify NV stock appears to be undervalued.
The current stock price of €16.28 is trading 20.9% below its estimated GF Value™ of €20.59.
GuruFocus considers Signify NV to be Modestly Undervalued.
Key valuation signals for WBO:LGHT:
Net-Net Working Capital: €-19.26
GF Value™: €20.59 vs. price of €16.28 (20.9% below fair value)
No single metric tells the full story. See the WBO:LGHT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Signify NV is a lighting solutions provider based in the Netherlands. Its product portfolio includes luminaires, lamps, LED lamps, LED tubes, and decorative lighting. The company operates through four segments, The Professional business offers LED lamps, luminaries, connected lighting systems and services to customers in the professional segment; The Consumer business offers LED lamps, luminaries, and connected products, including Philips Hue and WiZ, to customers in the consumer segment; The OEM business offers lighting components to the industry; The Conventional business offers special lighting, digital projection, and lamp electronic. The company operates in the USA, the Netherlands, France, the UK, Germany, Norway, and the rest of Europe and the rest of the world.
67GF Score
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