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Signet Jewelers Ltd Stock Research

SIG

72.46USD-0.50(-0.69%)Market Closed

Market Summary

USD72.46-0.50
Market Closed
-0.69%

SIG Alerts

SIG Stock Price

SIG RSI Chart

SIG Valuation

Market Cap

3.3B

Price/Earnings (Trailing)

8.04

Price/Sales (Trailing)

0.42

EV/EBITDA

4.54

Price/Free Cashflow

7.48

SIG Price/Sales (Trailing)

SIG Profitability

EBT Margin

6.02%

Return on Equity

30.46%

Return on Assets

6.52%

Free Cashflow Yield

13.36%

SIG Fundamentals

SIG Revenue

Revenue (TTM)

8.0B

Revenue Y/Y

2.92%

Revenue Q/Q

-9.81%

SIG Earnings

Earnings (TTM)

413.7M

Earnings Y/Y

-59.5%

Earnings Q/Q

-74.21%

Price Action

52 Week Range

47.9983.42
(Low)(High)

Last 7 days

-4.0%

Last 30 days

-2.6%

Last 90 days

6.5%

Trailing 12 Months

-7.6%

SIG Financial Health

Current Ratio

1.56

SIG Investor Care

Dividend Yield

1.1%

Dividend/Share (TTM)

0.8

Buy Backs (1Y)

12.74%

Diluted EPS (TTM)

6.24

Peers (Alternatives to Signet Jewelers)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
86.6B
49.3B
-3.34% 26.41%
25.46
1.76
7.96% 27.42%
34.9B
18.5B
-10.06% 12.49%
24.4
1.89
1.97% -10.16%
26.2B
9.7B
-3.23% 29.85%
22.02
2.7
19.89% 37.22%
16.4B
47.9B
-10.65% -22.21%
10.61
0.34
-8.42% -41.38%
10.8B
12.1B
7.05% 30.29%
9.33
0.89
0.47% -17.21%
MID-CAP
3.5B
8.8B
-11.34% 29.35%
8.33
0.41
-0.59% -53.34%
3.3B
8.0B
-2.62% -7.62%
8.04
0.42
10.91% -41.72%
3.3B
15.6B
-31.97% -32.93%
-16.31
0.21
-6.32% -178.91%
2.5B
5.0B
-12.40% -25.21%
20.16
0.51
-0.42% -70.18%
1.9B
8.5B
-6.31% -1.07%
11.47
0.22
0.30% 179.81%
SMALL-CAP
334.4M
452.8M
2.57% 28.58%
6.48
0.74
20.67% 53.54%
302.0M
1.4B
-13.22% -31.48%
3.43
0.21
-2.31% 10.45%
176.1M
179.3M
-7.76% 48.96%
13.98
0.98
42.74% 41.08%
162.8M
995.5M
-25.18% -56.44%
6.23
0.16
-14.31% -74.48%
81.5M
1.6B
-29.22% -61.54%
-1.22
0.05
6.40% 39.64%

Financials for Signet Jewelers

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue0.6%7,9877,9427,9767,8267,201
Gross Profit-0.7%3,0933,1163,1693,1242,841
  S&GA Expenses1.4%2,2582,2272,2522,2312,059
EBITDA-7.8%661717759--
EBITDA Margin-8.3%0.08*0.09*0.10*--
Earnings Before Taxes-11.0%481541581884773
EBT Margin-11.5%0.06*0.07*0.07*--
Interest Expenses-3.0%16.0016.0017.0017.0019.00
Net Income-11.8%414469548770710
Net Income Margin-12.3%0.05*0.06*0.07*--
Free Cahsflow-15.9%445528822--
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets2.9%6,3466,1646,2866,5756,388
  Current Assets-6.1%3,1883,3963,5163,7303,995
    Cash Equivalents-61.6%3278529281,4181,517
  Inventory10.9%2,4292,1912,2162,0602,148
  Net PPE4.4%592567561576513
  Goodwill54.7%752486486485245
Liabilities4.6%4,3354,1444,3774,3594,201
  Current Liabilities6.6%2,0481,9202,1402,0711,972
.    Short Term BorrowingsNaN%---0.00-
    LT Debt, Non Current0.1%147147147147147
Shareholder's Equity-0.7%1,3581,3681,2571,5641,535
  Retained Earnings0.6%2,8852,8682,7412,8772,581
  Additional Paid-In Capital2.7%252246237231272
Accumulated Depreciation2.2%1,3131,2851,2661,2491,275
Shares Outstanding-0.6%46.0046.0047.0050.0053.00
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations-9.7%6186849611,2571,250
  Share Based Compensation1.2%44.0043.0048.0046.0041.00
Cashflow From Investing-61.7%-1,088-673-640-642-103
Cashflow From Financing3.0%-696-717-678-366-971
  Dividend Payments-1.1%37.0037.0028.0019.0010.00
  Buy Backs-3.5%58260358031241.00

Risks for SIG

What is the probability of a big loss on SIG?

90%


Probability that Signet Jewelers stock will be more than 20% underwater in next one year

85.4%


Probability that Signet Jewelers stock will be more than 30% underwater in next one year.

70.8%


Probability that Signet Jewelers stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does SIG drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Signet Jewelers was unfortunately bought at previous high price.

Drawdowns

Returns for SIG

Cumulative Returns on SIG

3.3%


10-Year Cumulative Returns

-5.0%


7-Year Cumulative Returns

16.2%


5-Year Cumulative Returns

123.5%


3-Year Cumulative Returns

What are the long-term rolling returns for SIG?

FIve years rolling returns for Signet Jewelers.

Annualized Returns

Which funds bought or sold SIG recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
added
10.77
30,188,600
125,386,000
0.14%
2023-03-06
Rockefeller Capital Management L.P.
reduced
-26.78
-962,000
6,470,000
0.03%
2023-02-28
Voya Investment Management LLC
added
27.74
601,452
1,760,450
-%
2023-02-27
Parallax Volatility Advisers, L.P.
reduced
-97.91
-1,021,020
25,976
-%
2023-02-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
reduced
-9.88
65,000
971,000
0.01%
2023-02-21
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO
unchanged
-
644
5,644
-%
2023-02-21
MACQUARIE GROUP LTD
sold off
-100
-93,000
-
-%
2023-02-17
Linden Thomas Advisory Services, LLC
new
-
1,077,730
1,077,730
0.30%
2023-02-17
TRUIST FINANCIAL CORP
added
114
597,439
983,439
-%
2023-02-16
MAVERICK CAPITAL LTD
reduced
-18.93
-107,232
2,857,770
0.07%

1–10 of 41

Latest Funds Activity

Are funds buying SIG calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own SIG
No. of Funds

Signet Jewelers News

Best Stocks

Yousif Capital Management LLC reduces its stake in Signet ....

Best Stocks,
23 hours ago

Nasdaq

The Motley Fool

Seattle PI

Investing.com UK

Schedule 13G FIlings of Signet Jewelers

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Mar 13, 2023
green equity investors vi, l.p.
15.3%
8,175,718
SC 13D/A
Feb 14, 2023
select equity group, l.p.
21.4%
9,739,363
SC 13G/A
Feb 09, 2023
vanguard group inc
12.04%
5,469,935
SC 13G/A
Jan 23, 2023
blackrock inc.
18.5%
8,424,400
SC 13G/A
Oct 14, 2022
select equity group, l.p.
21.2%
9,785,818
SC 13G/A
May 27, 2022
select equity group, l.p.
20.3%
9,599,390
SC 13G/A
Feb 14, 2022
select equity group, l.p.
10.53%
5,541,332
SC 13G/A
Feb 14, 2022
d. e. shaw & co, l.p.
2.5%
1,316,789
SC 13G/A
Feb 10, 2022
vanguard group inc
11.69%
6,150,135
SC 13G/A
Feb 03, 2022
contrarius investment management ltd
0.2%
109,537
SC 13G/A

SIG Fair Value

Signet Jewelers fair value in different scenarios

The table shows the Fair Value estimates for Signet Jewelers for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

86.19

18.95%

101.78

40.46%

139.63

92.70%

195.40

169.67%

277.34

282.75%
Current Inflation

82.45

13.79%

96.90

33.73%

128.79

77.74%

176.88

144.11%

247.69

241.83%
Very High Inflation

77.56

7.04%

90.57

24.99%

115.44

59.32%

154.63

113.40%

212.51

193.28%

Historical Signet Jewelers Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Signet Jewelers

View All Filings
Date Filed Form Type Document
Mar 23, 2023
4
Insider Trading
Mar 23, 2023
4
Insider Trading
Mar 23, 2023
4
Insider Trading
Mar 23, 2023
4
Insider Trading
Mar 23, 2023
4
Insider Trading
Mar 23, 2023
4
Insider Trading
Mar 23, 2023
4
Insider Trading
Mar 23, 2023
4
Insider Trading
Mar 23, 2023
4
Insider Trading
Mar 23, 2023
4
Insider Trading

Latest Insider Trading transactions for SIG

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-22
FINN MARY ELIZABETH
sold (taxes)
-54,518
75.51
-722
chief people officer
2023-03-22
Drosos Virginia
sold (taxes)
-538,311
75.51
-7,129
chief executive officer
2023-03-22
Wooters Rebecca
sold (taxes)
-58,369
75.51
-773
chief digital officer
2023-03-22
Ptak Stash
gifted
-
-
-791
* see remarks
2023-03-22
Ptak Stash
sold (taxes)
-48,855
75.51
-647
* see remarks
2023-03-22
Lovejoy Stephen E.
sold (taxes)
-40,699
75.51
-539
chief supply chain officer
2023-03-22
Ciccolini Vincent
sold (taxes)
-18,953
75.51
-251
chief accounting officer
2023-03-22
Brace William
sold (taxes)
-49,081
75.51
-650
president - kay jewelers
2023-03-22
Melnick Howard A
sold (taxes)
-42,134
75.51
-558
chief information officer
2023-03-22
Singleton Jamie
sold (taxes)
-133,275
75.51
-1,765
* see remarks

1–10 of 50

Virginia C. Drosos
30900
Signet Jewelers Limited operates as a diamond jewelry retailer. It operates through three segments: North America, International, and Other. The North America segment operates jewelry stores in jewelry stores in malls, mall-based kiosks, and off-mall locations in the United States and Canada primarily under the Kay Jewelers, Kay Jewelers Outlet, Jared The Galleria Of Jewelry, Jared Vault, Zales Jewelers, Zales Outlet, Diamonds Direct, James Allen, Banter by Piercing Pagoda, and Peoples Jewellers names, as well as operates online through JamesAllen.com and Rocksbox. The International segment operates stores in shopping malls and off-mall locations primarily under the H.Samuel and Ernest Jones brands in the United Kingdom, Republic of Ireland, and Channel Islands. The Other segment is involved in the purchase and conversion of rough diamonds to polished stones, as well as the provision of diamond polishing services. As of January 29, 2022, it operated 2,854 stores and kiosks. Signet Jewelers Limited is based in Hamilton, Bermuda.

SIG Income Statement

2023-01-28
Consolidated Statements Of Operations - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Jan. 28, 2023
Jan. 29, 2022
Jan. 30, 2021
Income Statement [Abstract]   
Sales$ 7,842.1$ 7,826.0$ 5,226.9
Cost of sales(4,790.0)(4,702.0)(3,493.0)
Restructuring charges - cost of sales0.00.0(1.4)
Gross margin3,052.13,124.01,732.5
Selling, general and administrative expenses(2,214.6)(2,230.9)(1,587.4)
Restructuring charges0.03.3(46.2)
Asset impairments, net(22.7)(1.5)(159.0)
Other operating income (expense)(209.9)8.52.4
Operating income (loss)604.9903.4(57.7)
Interest expense, net(13.5)(16.9)(32.0)
Other non-operating expense, net(140.2)(2.1)0.0
Income (loss) before income taxes451.2884.4(89.7)
Income taxes(74.5)(114.5)74.5
Net income (loss)376.7769.9(15.2)
Dividends on redeemable convertible preferred shares(34.5)(34.5)(33.5)
Net income (loss) attributable to common shareholders$ 342.2$ 735.4$ (48.7)
Earnings (loss) per common share:   
Basic (usd per share)$ 7.34$ 14.01$ (0.94)
Diluted (usd per share)$ 6.64$ 12.22$ (0.94)
Weighted average common shares outstanding:   
Basic (in shares)46.652.552.0
Diluted (in shares)56.763.052.0

SIG Balance Sheet

2023-01-28
Consolidated Balance Sheets - USD ($)
$ in Millions
Jan. 28, 2023
Jan. 29, 2022
Current assets:  
Cash and cash equivalents$ 1,166.8$ 1,418.3
Accounts receivable14.519.9
Other current assets165.9208.6
Income taxes9.623.2
Inventories2,150.32,060.4
Total current assets3,507.13,730.4
Non-current assets:  
Property, plant and equipment, net586.5575.9
Operating lease right-of-use assets1,049.31,206.6
Goodwill751.7484.6
Intangible assets, net407.4314.2
Other assets281.7226.1
Deferred tax assets36.737.3
Total assets6,620.46,575.1
Current liabilities:  
Accounts payable879.0899.8
Accrued expenses and other current liabilities638.7501.6
Deferred revenue369.5341.3
Operating lease liabilities288.2300.0
Income taxes72.728.0
Total current liabilities2,248.12,070.7
Non-current liabilities:  
Long-term debt147.4147.1
Operating lease liabilities894.71,005.1
Other liabilities100.1117.6
Deferred revenue880.1857.6
Deferred tax liabilities117.6160.9
Total liabilities4,388.04,359.0
Commitments and contingencies
Redeemable Series A Convertible Preference Shares $0.01 par value: 500 shares authorized, 0.625 shares outstanding653.8652.1
Shareholders’ equity:  
Common shares of $0.18 par value: authorized 500 shares, 44.9 shares outstanding (2022: 49.9 shares outstanding)12.612.6
Additional paid-in capital259.7231.2
Other reserves0.40.4
Treasury shares at cost: 25.1 shares (2022: 20.1 shares)(1,574.7)(1,206.7)
Retained earnings3,144.82,877.4
Accumulated other comprehensive loss(264.2)(350.9)
Total shareholders’ equity1,578.61,564.0
Total liabilities, redeemable convertible preferred shares and shareholders’ equity$ 6,620.4$ 6,575.1