Is the business good?
How good a business is SIG?
Signet Jewelers Limited earns 23% on the capital it employs against a 9.0% cost of capital, so the business is worth more the bigger it gets.
23%
Return on invested capital · cost of capital 9.0% · 14 points above what the capital costs: growth creates value
- Operating margin
- 5.6%
Operating margin · Consumer Cyclical median 8.4% · 12 months to Q1 2027
- Cash conversion
- 1.94×
Cash conversion · every dollar of reported profit arrived as cash, and more
- Share count, year on year
- −5.4%
Share count, year on year · bought back, each share owns more of the company
| Year | Operating margin |
|---|---|
| FY2021 | −1.1% |
| FY2022 | 12% |
| FY2023 | 7.7% |
| FY2024 | 8.7% |
| FY2025 | 1.7% |
| FY2026 | 5.8% |
Details›
- Gross margin12 months to Q1 2027
- 39%
- Operating margin12 months to Q1 2027
- 5.6%
- Net margin12 months to Q1 2027
- 4.3%
- Free cash flow margin
- 8.3%
- Revenue, trailing twelve months
- $6.83B
- Free cash flow, trailing twelve months
- $568M
- Net income, trailing twelve months
- $293M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 23%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.