Signet Jewelers
Market Cap
US$2.6b
Last Updated
2021/02/24 23:34 UTC
Data Sources
Company Financials +
Executive Summary
Signet Jewelers Limited engages in the retail sale of diamond jewelry, watches, and other products. More Details
Rewards
Risk Analysis
Snowflake Analysis
Mediocre balance sheet with moderate growth potential.
Similar Companies
Share Price & News
How has Signet Jewelers's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SIG is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: SIG's weekly volatility has decreased from 17% to 11% over the past year.
Market Performance
7 Day Return
15.4%
SIG
-1.0%
US Specialty Retail
-2.5%
US Market
1 Year Return
115.5%
SIG
46.1%
US Specialty Retail
34.1%
US Market
Return vs Industry: SIG exceeded the US Specialty Retail industry which returned 42.8% over the past year.
Return vs Market: SIG exceeded the US Market which returned 32.2% over the past year.
Shareholder returns
| SIG | Industry | Market | |
|---|---|---|---|
| 7 Day | 15.4% | -1.0% | -2.5% |
| 30 Day | 33.9% | 2.4% | 0.1% |
| 90 Day | 57.5% | 15.1% | 4.5% |
| 1 Year | 115.5%115.5% | 47.4%46.1% | 37.1%34.1% |
| 3 Year | 9.0%-2.5% | 96.9%88.3% | 58.0%47.9% |
| 5 Year | -49.9%-56.6% | 113.0%95.8% | 131.9%106.2% |
Long-Term Price Volatility Vs. Market
How volatile is Signet Jewelers's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall St
Is Signet Jewelers Limited (NYSE:SIG) Worth US$46.2 Based On Its Intrinsic Value?3 weeks ago | Simply Wall St
The Signet Jewelers (NYSE:SIG) Share Price Is Up 67% And Shareholders Are Holding On1 month ago | Simply Wall St
A Look At Signet Jewelers' (NYSE:SIG) CEO RemunerationValuation
Is Signet Jewelers undervalued compared to its fair value and its price relative to the market?
2.8x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: SIG ($49.4) is trading above our estimate of fair value ($35.47)
Significantly Below Fair Value: SIG is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SIG is unprofitable, so we can't compare its PE Ratio to the US Specialty Retail industry average.
PE vs Market: SIG is unprofitable, so we can't compare its PE Ratio to the US market.
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 (3x).
Next Steps
Future Growth
How is Signet Jewelers forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
166.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SIG is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: SIG is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: SIG's is expected to become profitable in the next 3 years.
Revenue vs Market: SIG's revenue (6.2% per year) is forecast to grow slower than the US market (10.5% per year).
High Growth Revenue: SIG's revenue (6.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if SIG's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Signet Jewelers performed over the past 5 years?
-54.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SIG is currently unprofitable.
Growing Profit Margin: SIG is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: SIG is unprofitable, and losses have increased over the past 5 years at a rate of 54.2% per year.
Accelerating Growth: Unable to compare SIG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SIG is unprofitable, making it difficult to compare its past year earnings growth to the Specialty Retail industry (24.9%).
Return on Equity
High ROE: SIG has a negative Return on Equity (-5.32%), as it is currently unprofitable.
Next Steps
Financial Health
How is Signet Jewelers's financial position?
Financial Position Analysis
Short Term Liabilities: SIG's short term assets ($3.9B) exceed its short term liabilities ($1.7B).
Long Term Liabilities: SIG's short term assets ($3.9B) exceed its long term liabilities ($3.3B).
Debt to Equity History and Analysis
Debt Level: SIG's debt to equity ratio (67.1%) is considered high.
Reducing Debt: SIG's debt to equity ratio has increased from 55.5% to 67.1% over the past 5 years.
Debt Coverage: SIG's debt is well covered by operating cash flow (100.9%).
Interest Coverage: SIG is unprofitable, therefore interest payments are not well covered by earnings.
Balance Sheet
Next Steps
Dividend
What is Signet Jewelers's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SIG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SIG's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if SIG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SIG's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: SIG is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SIG's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.3yrs
Average management tenure
CEO
Gina Drosos (57 yo)
3.5yrs
Tenure
US$9,222,270
Compensation
Ms. Virginia C. Drosos, also known as Gina, has been the Chief Executive Officer of Signet Jewelers Limited (Formerly, Signet Group PLC) since August 1, 2017. Ms. Drosos served as the President of Assurex...
CEO Compensation Analysis
Compensation vs Market: Gina's total compensation ($USD9.22M) is above average for companies of similar size in the US market ($USD4.97M).
Compensation vs Earnings: Gina's compensation has increased whilst the company is unprofitable.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 3.5yrs | US$9.22m | 0.42% $ 10.8m | |
| Chief Financial Officer | 1.83yrs | US$2.52m | no data | |
| Chief People Officer | 2.75yrs | US$1.70m | 0.025% $ 644.4k | |
| President of Kay | 1.92yrs | US$1.51m | 0.040% $ 1.0m | |
| Chief Accounting Officer | 0.92yr | no data | 0.018% $ 466.1k | |
| Chief Information Officer | 3.25yrs | no data | 0.018% $ 452.7k | |
| Senior VP of Investor Relations | 0.75yr | no data | no data | |
| Chief Communications Officer | 1.42yrs | no data | no data | |
| Chief Marketing Officer & Executive VP of Jared | no data | no data | 0.0085% $ 218.5k | |
| President of JamesAllen.com & Chief Digital Innovation Advisor | 3.42yrs | US$3.19m | 0.32% $ 8.3m | |
| Senior Vice President of In-House Credit Operations & Customer Care | no data | no data | no data | |
| Chief Supply Chain Officer | 2.67yrs | no data | 0.023% $ 595.9k |
2.3yrs
Average Tenure
57.5yo
Average Age
Experienced Management: SIG's management team is considered experienced (2.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 3.5yrs | US$9.22m | 0.42% $ 10.8m | |
| Independent Director | 1.67yrs | US$199.74k | 0.019% $ 476.1k | |
| Independent Director | 2.92yrs | US$268.77k | 0.026% $ 668.2k | |
| Independent Non-Executive Chairman | 8.67yrs | US$490.23k | 0.11% $ 2.7m | |
| Independent Director | 3.58yrs | US$238.77k | 0.028% $ 713.6k | |
| Independent Director | 2.92yrs | US$263.77k | 0.026% $ 662.8k | |
| Independent Non-Executive Director | 7.42yrs | US$258.77k | 0.039% $ 992.7k | |
| Independent Director | 7.5yrs | US$258.77k | 0.040% $ 1.0m | |
| Independent Director | 2.33yrs | US$238.77k | 0.022% $ 560.0k | |
| Independent Director | 4yrs | US$238.77k | 0.029% $ 751.3k | |
| Independent Director | no data | no data | no data | |
| Independent Director | no data | no data | no data |
3.8yrs
Average Tenure
56.5yo
Average Age
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 company bio, 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$2.565b
- Shares outstanding: 52.34m
- Website: https://www.signetjewelers.com
Number of Employees
Location
- Signet Jewelers Limited
- Clarendon House
- 2 Church Street
- Hamilton
- HM11
- Bermuda
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SZ2 | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | Jul 1988 |
| SIG | NYSE (New York Stock Exchange) | Yes | Common Shares | US | USD | Jul 1988 |
Biography
Signet Jewelers Limited engages in the retail sale of diamond jewelry, watches, and other products. As of February 01, 2020, it operated 3,208 stores and kiosks. The company operates through three segments...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/02/24 23:34 |
| End of Day Share Price | 2021/02/24 00:00 |
| Earnings | 2020/10/31 |
| Annual Earnings | 2020/02/01 |
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.