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SIG

Signet JewelersNYSE:SIG Stock Report

Market Cap

US$4.3b

7D

1.1%

1Y

368.1%

Updated

23 Sep, 2021

Data

Company Financials +
SIG fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance3/6
Financial Health6/6
Dividends3/6

SIG Overview

Signet Jewelers Limited engages in the retail sale of diamond jewelry, watches, and other products.

Signet Jewelers Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Signet Jewelers
Historical stock prices
Current Share PriceUS$82.66
52 Week HighUS$16.87
52 Week LowUS$88.50
Beta2.64
1 Month Change11.88%
3 Month Change5.96%
1 Year Change368.06%
3 Year Change25.81%
5 Year Change12.99%
Change since IPO-1.79%

Recent News & Updates

Shareholder Returns

SIGUS Specialty RetailUS Market
7D1.1%0.07%-0.5%
1Y368.1%57.3%37.5%

Return vs Industry: SIG exceeded the US Specialty Retail industry which returned 52.7% over the past year.

Return vs Market: SIG exceeded the US Market which returned 36.2% over the past year.

Price Volatility

Is SIG's price volatile compared to industry and market?
SIG volatility
SIG Beta2.64
Industry Beta1.56
Market Beta1

Stable Share Price: SIG is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: SIG's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
195021,700Gina Drososhttps://www.signetjewelers.com

Signet Jewelers Limited engages in the retail sale of diamond jewelry, watches, and other products. It operates through three segments: North America, International, and Other. The North America segment operates jewelry stores in malls and off-mall locations primarily under the Kay Jewelers, Kay Jewelers Outlet, Jared The Galleria Of Jewelry, Jared Vault, Zales Jewelers, Zales Outlet, Piercing Pagoda, and Peoples Jewellers, as well as operates online through JamesAllen.com.

Signet Jewelers Fundamentals Summary

How do Signet Jewelers's earnings and revenue compare to its market cap?
SIG fundamental statistics
Market CapUS$4.31b
Earnings (TTM)US$592.40m
Revenue (TTM)US$6.96b

7.4x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SIG income statement (TTM)
RevenueUS$6.96b
Cost of RevenueUS$4.30b
Gross ProfitUS$2.67b
ExpensesUS$2.07b
EarningsUS$592.40m

Last Reported Earnings

Jul 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)11.34
Gross Margin38.29%
Net Profit Margin8.51%
Debt/Equity Ratio6.7%

How did SIG perform over the long term?

See historical performance and comparison

Dividends

0.9%

Current Dividend Yield

2%

Payout Ratio

Does SIG pay a reliable dividends?

See SIG dividend history and benchmarks
When do you need to buy SIG by to receive an upcoming dividend?
Signet Jewelers dividend dates
Ex Dividend DateOct 28 2021
Dividend Pay DateNov 26 2021
Days until Ex dividend34 days
Days until Dividend pay date63 days

Does SIG pay a reliable dividends?

See SIG dividend history and benchmarks

Valuation

Is Signet Jewelers undervalued compared to its fair value and its price relative to the market?

7.4x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: SIG ($82.66) is trading above our estimate of fair value ($63.9)

Significantly Below Fair Value: SIG is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: SIG is good value based on its PE Ratio (7.4x) compared to the US Specialty Retail industry average (10.4x).

PE vs Market: SIG is good value based on its PE Ratio (7.4x) compared to the US market (17.7x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate SIG's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: SIG is good value based on its PB Ratio (2.8x) compared to the US Specialty Retail industry average (2.9x).


Future Growth

How is Signet Jewelers forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

-0.4%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if SIG's forecast earnings growth is above the savings rate (2%).

Earnings vs Market: Insufficient data to determine if SIG's earnings are forecast to grow faster than the US market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: SIG's revenue is expected to decline over the next 3 years (-0.4% per year).

High Growth Revenue: SIG's revenue is forecast to decline over the next 3 years (-0.4% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SIG's Return on Equity is forecast to be high in 3 years time (22.5%)


Past Performance

How has Signet Jewelers performed over the past 5 years?

-30.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SIG has high quality earnings.

Growing Profit Margin: SIG became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: SIG's earnings have declined by 30.4% per year over the past 5 years.

Accelerating Growth: SIG has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: SIG has become profitable in the last year, making it difficult to compare its past year earnings growth to the Specialty Retail industry (158.2%).


Return on Equity

High ROE: SIG's Return on Equity (28.4%) is considered high.


Financial Health

How is Signet Jewelers's financial position?


Financial Position Analysis

Short Term Liabilities: SIG's short term assets ($3.8B) exceed its short term liabilities ($1.8B).

Long Term Liabilities: SIG's short term assets ($3.8B) exceed its long term liabilities ($2.3B).


Debt to Equity History and Analysis

Debt Level: SIG's debt to equity ratio (6.7%) is considered satisfactory.

Reducing Debt: SIG's debt to equity ratio has reduced from 40.1% to 6.7% over the past 5 years.

Debt Coverage: SIG's debt is well covered by operating cash flow (1136.9%).

Interest Coverage: SIG's interest payments on its debt are well covered by EBIT (37.2x coverage).


Balance Sheet


Dividend

What is Signet Jewelers's current dividend yield, its reliability and sustainability?

0.87%

Current Dividend Yield


Upcoming Dividend Payment

TodaySep 24 2021Ex Dividend DateOct 28 2021Dividend Pay DateNov 26 202129 days from Ex DividendBuy in the next 34 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: SIG's dividend (0.87%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.35%).

High Dividend: SIG's dividend (0.87%) is low compared to the top 25% of dividend payers in the US market (3.63%).


Stability and Growth of Payments

Stable Dividend: SIG's dividend payments have been volatile in the past 10 years.

Growing Dividend: SIG's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (1.6%), SIG's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: SIG's dividends in 3 years are forecast to be thoroughly covered by earnings (11.8% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.3yrs

Average management tenure


CEO

Gina Drosos (58 yo)

4.08yrs

Tenure

US$12,184,594

Compensation

Ms. Virginia C. Drosos, also known as Gina, has been the Chief Executive Officer of Signet Jewelers Limited (Formerly, Signet Group PLC) since August 1, 2017. Ms. Drosos served as the President of Assurex...


CEO Compensation Analysis

Compensation vs Market: Gina's total compensation ($USD12.18M) is above average for companies of similar size in the US market ($USD5.28M).

Compensation vs Earnings: Gina's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: SIG's management team is considered experienced (2.3 years average tenure).


Board Members

Experienced Board: SIG's board of directors are considered experienced (3.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Signet Jewelers Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Signet Jewelers Limited
  • Ticker: SIG
  • Exchange: NYSE
  • Founded: 1950
  • Industry: Specialty Stores
  • Sector: Retail
  • Market Cap: US$4.306b
  • Shares outstanding: 53.06m
  • Website: https://www.signetjewelers.com

Number of Employees


Location

  • Signet Jewelers Limited
  • Clarendon House
  • 2 Church Street
  • Hamilton
  • HM11
  • Bermuda

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/23 22:58
End of Day Share Price2021/09/23 00:00
Earnings2021/07/31
Annual Earnings2021/01/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.