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Signet Jewelers (SIG) Stock Fundamentals, Analysis & Risk Signals

Health score, competitive moat, risk signals, and key metrics at a glance.

NYSE•Consumer Cyclical•Luxury Goods
C
AverageMetricSide Score: 58/100
ProfitabilityProfit16/30
GrowthGrowth20/25
Balance SheetBalance17/25
Cash QualityCash5/20
Price & Volume
Market Cap $3.39B

Signet Jewelers Limited operates as a diamond jewelry retailer in the United States, Canada, the United Kingdom, and Republic of Irland. It operates through three segments: North America, International, and other. The North America segment operates jewelry stores in malls, mall-based kiosks, and off-mall locations in the United States and Canada primarily under the Kay, Zales, Jared Jewelers, Diamonds Direct, Banter by Piercing Pagoda, Peoples Jewellers, and Rocksbox brands, as well as operates online through its digital brands, James Allen and Blue Nile. The International segment operates stores in shopping malls, off-mall locations, and online primarily under the H.Samuel and Ernest Jones brands in the United Kingdom and the Republic of Ireland. The Other segment engages in the purchase and conversion of rough diamonds to polished stones, as well as offers diamond polishing services. Signet Jewelers Limited was founded in 1862 and is based in Hamilton, Bermuda.

Moat Signals

Competitive analysis based on 64 quarters of fundamental data

Pricing Power

Weak Moat

Operating margins are under pressure, averaging 2.7%. The business may lack pricing power or face rising costs.'

Competitive Advantage

Moderate Moat

ROE is positive at ~14.5% on average, adequate but below the threshold typically associated with wide moats.

Risk Signals

Data-driven red flags and warnings across 64 quarters

Some Concerns

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Red Flag

Free cash flow has been negative in 4 of the last 8 quarters — earnings are not translating to cash.

Leverage Risk

Healthy

D/E ratio is 0.0 — conservative capital structure with low financial risk.

Revenue Decline

Healthy

Revenue is stable or growing over recent quarters — demand appears durable.

Cash Burn

Watch

4 of the last 8 quarters had negative FCF — inconsistent cash generation raises sustainability concerns.

Share Dilution

Healthy

Shares decreased 10.1% — net buybacks are reducing shares outstanding and boosting per-share value.

Metrics at a Glance

as of May 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue
$6.83B
1.4%
Q. Revenue
$1.55B
TTM EBITDA
$527.10M
104.6%
TTM Op. Income
$381.90M
250.4%
Q. Op. Income
$36.90M
TTM Net Income
$292.60M
586.9%
Q. Net Income
$31.70M
EPS
$0.79
Shares Out.
$40.00M
5.9%
$6.83B in TTM revenue grew 1.4% YoY, reaching $1.55B last quarter. TTM EBITDA of $527.10M and TTM operating income of $381.90M shows growth is flowing through. Net income of $292.60M TTM confirms the company is converting revenue into profit. Revenue is growing modestly — monitor for acceleration or deceleration.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin
35.8%
7.8%
EBITDA Margin
4.6%
Op. Margin
2.4%
23.9%
Net Margin
2.0%
6.1%
Op. margin of 2.4% is down 0.7% YoY — costs are rising relative to revenue. Net margin at 2.0% and gross margin of 35.8% — earnings take a bigger bite when COGS stays lean..

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio
11.6x
P/S Ratio
0.5x
P/B Ratio
1.8x
At 11.6x P/E, the stock trades below market averages — potentially undervalued. P/S of 0.5x and P/B of 1.8x provide additional context. Assess whether the current multiple is justified by the company's growth and profitability trajectory.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets
$5.73B
Cash
$602.80M
Long-Term Debt
N/A
Book Value
$1.90B
D/E Ratio
N/A
Debt/EBITDA
0.0

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow
$-144.70M
TTM Free Cash Flow
$568.00M
39.4%
FCF Margin
8.3%
FCF / Net Income
1.9
TTM FCF of $568.00M on $-144.70M in operating cash flow. The FCF / Net Income ratio of 1.9x means earnings are well backed by actual cash — high-quality earnings.

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Cash Generation

Weak Moat

Only 4 of the last 8 quarters had positive FCF — the business may require external capital to sustain operations.

Demand Durability

Weak Moat

Revenue has been flat or declining over recent quarters, which may indicate eroding demand or competitive pressure.