SIG Stock Analysis: Signet Jewelers | NYSE
Luxury Goods | NYSE, USA | Market Cap: 3.846m USD | 12M Return: 8.9% | BMG812761002 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 93.2M
EPS Trend: 51.9%
Qual. Beats: 7
Rev. Trend: -72.2%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Signet Jewelers Limited (NYSE: SIG) is a Bermuda-incorporated specialty retailer of diamond jewelry operating primarily in the United States, Canada, the United Kingdom, and the Republic of Ireland. The company was founded in 1862 and is headquartered in Hamilton, Bermuda. As a mid-cap stock in the Consumer Discretionary sector, Signet is one of the largest dedicated jewelry retailers in the world, with a heavily mall-based retail footprint in North America that has increasingly shifted toward off-mall and digital channels.
The business is organized into three segments. The North America segment, its largest, operates mall stores, mall-based kiosks, and off-mall locations in the U.S. and Canada under brands including Kay, Zales, Jared Jewelers, Diamonds Direct, Banter by Piercing Pagoda, Peoples Jewellers, and Rocksbox, while also selling online through the digital-first James Allen and Blue Nile brands. The International segment runs stores and e-commerce under the H. Samuel and Ernest Jones banners in the UK and Ireland. The Other segment handles the upstream portion of the diamond value chain, purchasing rough diamonds and converting them into polished stones for both internal supply and third-party customers.
Signets vertically integrated model, spanning rough diamond procurement and polishing through multi-brand retail, distinguishes it from most specialty retailers, which typically do not control upstream supply. The companys emphasis on bridal and diamond jewelry ties its results to consumer discretionary spending, wedding trends, and diamond demand cycles, while its growing digital brands reflect the broader industry shift toward online fine jewelry sales.
- Bridal and engagement jewelry demand drives North America same-store sales
- Lab-grown diamond pricing pressure weighs on merchandise margins
- Blue Nile and Diamonds Direct acquisitions expand digital and off-mall footprint
| Net Income: 353.8m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.12 > 0.02 and ΔFCF/TA 3.27 > 1.0 |
| NWC/Revenue: 15.53% < 20% (prev 12.74%; Δ 2.80% < -1%) |
| CFO/TA 0.12 > 3% & CFO 694.3m > Net Income 353.8m |
| Net Debt (697.6m) to EBITDA (747.1m): 0.93 < 3 |
| Current Ratio: 1.64 > 1.5 & < 3 |
| Outstanding Shares: last quarter (39.3m) vs 12m ago -6.43% < -2% |
| Gross Margin: 39.10% > 18% (prev 39.50%; Δ -0.40% > 0.5%) |
| Asset Turnover: 124.8% > 50% (prev 126.9%; Δ -2.11% > 0%) |
| Interest Coverage Ratio: 4.23 > 6 (EBIT TTM 603.8m / Interest Expense TTM 142.7m) |
| A: 0.19 (Total Current Assets 2.72b - Total Current Liabilities 1.66b) / Total Assets 5.59b |
| B: 0.72 (Retained Earnings 4.04b / Total Assets 5.59b) |
| C: 0.11 (EBIT TTM 603.8m / Avg Total Assets 5.47b) |
| D: 0.49 (Book Value of Equity 1.84b / Total Liabilities 3.75b) |
| Altman-Z'' = 4.86 = AA |
| DSRI: 2.40 (Receivables 71.8m/29.7m, Revenue 6.82b/6.78b) |
| GMI: 1.01 (GM 39.50% / 39.10%) |
| AQI: 0.90 (AQ_t 0.22 / AQ_t-1 0.24) |
| SGI: 1.01 (Revenue 6.82b / 6.78b) |
| TATA: -0.06 (NI 353.8m - CFO 694.3m) / TA 5.59b) |
| Beneish M = -1.92 (Cap -4..+1) = B |
As of September 27, 2026, the stock is trading at USD 102.26 with a total of 604,653 shares traded. Over the past week, the price has changed by +1.87%, over one month by +20.87%, over three months by +22.76% and over the past year by +8.93%.
Current recommended Stop Loss: 95.20 (which is 6.9% or 1.7 ATR below the current price).
Signet Jewelers has received a consensus analysts rating of 3.80. Therefore, it is recommended to hold SIG.
- StrongBuy: 4
- Buy: 0
- Hold: 6
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 124.3 | 21.6% |
P/E Trailing = 11.7817
P/E Forward = 9.3023
P/S = 0.5641
P/B = 2.1177
P/EG = 2.3994
Revenue TTM = 6.82b USD
EBIT TTM = 603.8m USD
EBITDA TTM = 747.1m USD
Long Term Debt = 941.3m USD (estimated: total debt 1.22b - short term 283.1m)
Short Term Debt = 283.1m USD (from shortTermDebt, last quarter)
Debt = 1.22b USD (from shortLongTermDebtTotal, last quarter) (leases 1.22b already included)
Net Debt = 697.6m USD (calculated: Debt 1.22b - CCE 526.8m)
Enterprise Value = 4.54b USD (3.85b + Debt 1.22b - CCE 526.8m)
Interest Coverage Ratio = 4.23 (Ebit TTM 603.8m / Interest Expense TTM 142.7m)
EV/FCF = 6.91x (Enterprise Value 4.54b / FCF TTM 657.5m)
FCF Yield = 14.47% (FCF TTM 657.5m / Enterprise Value 4.54b)
FCF Margin = 9.64% (FCF TTM 657.5m / Revenue TTM 6.82b)
Net Margin = 5.19% (Net Income TTM 353.8m / Revenue TTM 6.82b)
Gross Margin = 39.10% ((Revenue TTM 6.82b - Cost of Revenue TTM 4.15b) / Revenue TTM)
Gross Margin QoQ = 39.42% (prev 35.82%)
Tobins Q-Ratio = 0.81 (Enterprise Value 4.54b / Total Assets 5.59b)
Interest Expense / Debt = 11.65% (Interest Expense 142.7m / Debt 1.22b)
Taxrate = 23.27% (107.3m / 461.1m)
NOPAT = 463.3m (EBIT 603.8m * (1 - 23.27%))
Current Ratio = 1.64 (Total Current Assets 2.72b / Total Current Liabilities 1.66b)
Debt / Equity = 0.67 (Debt 1.22b / totalStockholderEquity, last quarter 1.84b)
Debt / EBITDA = 0.93 (Net Debt 697.6m / EBITDA 747.1m)
Debt / FCF = 1.06 (Net Debt 697.6m / FCF TTM 657.5m)
Total Stockholder Equity = 1.85b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.47% (Net Income 353.8m / Total Assets 5.59b)
RoE = 19.07% (Net Income TTM 353.8m / Total Stockholder Equity 1.85b)
RoCE = 21.59% (EBIT 603.8m / Capital Employed (Equity 1.85b + L.T.Debt 941.3m))
RoIC = 11.97% (NOPAT 463.3m / Invested Capital 3.87b)
WACC = 9.90% (E(3.85b)/V(5.07b) * Re(10.20%) + D(1.22b)/V(5.07b) * Rd(11.65%) * (1-Tc(0.23)))
Discount Rate = 10.20% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -97.89 | Cagr: -5.47%
[DCF] Terminal Value 73.13% ; FCFF base≈576.1m ; Y1≈660.4m ; Y5≈971.9m
[DCF] Fair Price = 281.7 (EV 11.5b - Net Debt 697.6m = Equity 10.8b / Shares 38.3m; r=9.90% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 51.87 | EPS CAGR: 2.84% | SUE: 3.06 | # QB: 7
Revenue Correlation: -72.18 | Revenue CAGR: -2.12% | SUE: -0.08 | # QB: 0
EPS current Quarter (2026-10-31): EPS=0.84 | Chg30d=+12.91% | Revisions=-25% | Analysts=10
EPS current Year (2027-01-31): EPS=11.64 | Chg30d=+7.73% | Revisions=+50% | GrowthEPS=+21.2% | GrowthRev=+0.7%
EPS next Year (2028-01-31): EPS=13.59 | Chg30d=+10.54% | Revisions=+50% | GrowthEPS=+16.8% | GrowthRev=+2.0%
[Analyst] Revisions Ratio: +50% (up=6, down=1)