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SIG plc
(LSE:SHI)
SIG plc (SHI) vs. S&P 500 (SPY)
SIG plc Business Overview & Revenue Model
SIG plc Financial Statement Overview
| Breakdown | |||||
| TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 2.65B | 2.61B | 2.76B | 2.74B | 2.29B | 1.87B | Gross Profit |
| 658.20M | 640.00M | 699.60M | 706.30M | 597.40M | 464.40M | EBIT |
| 21.50M | -3.80M | 4.00M | 78.60M | 35.50M | -75.60M | EBITDA |
| 36.90M | 78.90M | 87.20M | 138.50M | 83.10M | -93.00M | Net Income Common Stockholders |
| -62.30M | -48.60M | -43.40M | 15.50M | -28.30M | -200.50M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 132.20M | 86.80M | 132.20M | 130.10M | 145.10M | 235.30M | Total Assets |
| 1.27B | 1.18B | 1.27B | 1.33B | 1.20B | 1.15B | Total Debt |
| 590.60M | 585.70M | 590.60M | 574.60M | 510.70M | 474.40M | Net Debt |
| 458.40M | 498.90M | 459.40M | 444.50M | 365.60M | 239.10M | Total Liabilities |
| 1.04B | 998.40M | 1.04B | 1.07B | 937.00M | 848.30M | Stockholders Equity |
| 228.50M | 179.80M | 228.50M | 267.80M | 264.70M | 301.90M |
| Cash Flow | Free Cash Flow | ||||
| 78.40M | 58.80M | 98.60M | 73.90M | -57.20M | -96.10M | Operating Cash Flow |
| 96.30M | 75.50M | 114.40M | 89.20M | -38.60M | -82.80M | Investing Cash Flow |
| -12.10M | -16.60M | -10.90M | -42.00M | -26.50M | 139.30M | Financing Cash Flow |
| -88.20M | -98.60M | -103.00M | -65.50M | -17.60M | 11.90M |
SIG plc Technical Analysis
SIG plc Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | £340.36M | 8.64 | 35.97% | 4.88% | 22.39% | 179.53% | |
75 Outperform | £57.44B | 16.90 | 16.07% | 1.76% | 1.78% | 15.53% | |
74 Outperform | £530.31M | 12.41 | 10.20% | 4.15% | 8.04% | 6.94% | |
74 Outperform | £32.14B | 19.91 | 29.63% | 2.08% | 1.84% | -5.54% | |
64 Neutral | £830.27M | 20.03 | 7.71% | ― | 1.45% | -61.69% | |
62 Neutral | $7.62B | 13.01 | 3.19% | 3.32% | 3.77% | -14.28% | |
48 Neutral | £131.15M | ― | -23.81% | ― | -5.41% | -11.73% |
SIG plc Corporate Events
SIG plc, a company involved in the distribution of building products, announced that Non-Executive Director Simon King and his wife Amanda King have purchased a significant number of shares in the company. This transaction increases Mr. King’s beneficial interest in SIG, potentially signaling confidence in the company’s future performance and impacting stakeholder perceptions.
Spark’s Take on GB:SHI Stock
According to Spark, TipRanks’ AI Analyst, GB:SHI is a Neutral.
The overall score reflects significant financial performance challenges, particularly declining revenue and profitability, and high leverage. Technical indicators suggest bearish momentum, exacerbating concerns. While recent corporate events indicate management confidence, the negative P/E ratio and lack of dividend undermine valuation attractiveness. The company needs to address operational inefficiencies and debt management to improve its financial standing.
To see Spark’s full report on GB:SHI stock, click here.
SIG plc announced that Shivani Dasani, daughter of Non-Executive Director Mr. Shatish Dasani, purchased 100,000 ordinary shares in the company, increasing Mr. Dasani’s beneficial interest to 420,000 shares. This transaction, conducted on the London Stock Exchange, reflects compliance with the UK Market Abuse Regulation and signifies a notable increase in insider ownership, potentially impacting investor perception and stakeholder confidence.
BlackRock, Inc. has adjusted its holdings in SIG plc, with its voting rights now falling below 5%. This change in shareholding could impact SIG’s market perception and investor relations, as BlackRock is a significant global investment management corporation. The notification indicates a shift in BlackRock’s investment strategy regarding SIG, which may influence other stakeholders’ decisions.
SIG plc has announced the granting of Deferred Share Awards to its Chief Executive Officer, Gavin Slark, and Chief Financial Officer, Ian Ashton, under the 2018 SIG plc Bonus Plan. These awards, which are structured as nil cost options, reflect the company’s commitment to aligning executive compensation with shareholder interests, as one-third of annual bonuses are deferred into shares. The awards are set to vest on 27 March 2028, potentially impacting the company’s executive retention and incentivization strategy.
SIG plc has announced the granting of Restricted Share Plan Awards to key executives, including CEO Gavin Slark and CFO Ian Ashton, with a significant number of shares allocated under the 2020 plan. These awards, which are structured as nil-cost options, are part of the company’s strategy to incentivize leadership and align their interests with long-term shareholder value. The vesting of these shares is set for March 2028, with an additional two-year holding period, indicating a focus on sustained performance and stability within the company’s management structure.
SIG plc has announced the publication of its Notice for the 2025 Annual General Meeting, scheduled for May 1, 2025, in West London. This announcement includes details on how shareholders can access the meeting documents and participate, reflecting the company’s commitment to transparency and shareholder engagement. The submission of documents to the National Storage Mechanism ensures regulatory compliance and accessibility for stakeholders.
SIG plc announced that Ian Ashton, the Chief Financial Officer, has exercised options under the company’s Restricted Share Plan and Deferred Bonus Plan to acquire a significant number of shares. A portion of these shares was sold to cover tax obligations, while the remaining shares are subject to a two-year holding period. This move is part of the company’s ongoing efforts to align executive incentives with shareholder interests, potentially impacting the company’s market perception and stakeholder confidence.
SIG plc, a company involved in the distribution of building products, announced that Non-Executive Director Ms. Kath Durrant purchased 92,518 ordinary shares, increasing her total beneficial interest to 193,292 shares. This transaction, conducted on the London Stock Exchange, highlights a significant increase in shareholding by a key company figure, potentially signaling confidence in the company’s future performance.
SIG plc, a company operating in the construction and building materials industry, has announced the retirement of Gillian Kent, a non-executive Director, who will not seek re-election at the upcoming Annual General Meeting on May 1, 2025. The company’s Chairman, Andrew Allner, expressed gratitude for her six years of service. Despite her departure, the Board remains confident in its ability to support the company’s strategic goals and will continue to evaluate its composition to ensure it has the necessary skills and experience.
SIG plc announced that Alan Lovell, a Non-Executive Director, purchased 170,000 ordinary shares, increasing his total beneficial interest to 500,000 shares. This transaction, conducted on the London Stock Exchange, reflects confidence in the company’s future prospects and aligns with regulatory compliance under the UK Market Abuse Regulation.
SIG plc has published its 2024 Annual Report & Accounts, which is now available on the company’s website and will be distributed to shareholders by March 24, 2025. The report has also been submitted to the Financial Conduct Authority and will be accessible through its National Storage Mechanism, reflecting compliance with the TD ESEF Regulation for electronic reporting.
SIG plc reported a challenging financial year for 2024, with underlying revenues decreasing to £2.61 billion from £2.76 billion in 2023, and an underlying operating profit of £25.1 million. Despite the tough market conditions, the company made strategic progress in cost reduction and restructuring, which is expected to enhance future profitability. The company also successfully refinanced its debt, extending maturities to 2029, and maintained strong liquidity. SIG’s ‘GEMS’ strategy is driving modernization and specialization efforts, including the launch of a new e-commerce platform in Germany and expansion into specialist markets in the UK. The company is poised to benefit from market recovery, with a focus on improving operating margins and delivering value to stakeholders.
SIG plc has announced a change in its major holdings, with Azvalor Asset Management SGIIC SA, based in Madrid, Spain, increasing its voting rights in the company to 11.585% from a previous 10.070%. This acquisition of voting rights signifies a strengthened position for Azvalor within SIG plc, potentially impacting the company’s strategic decisions and stakeholder interests.
SIG plc, a UK-based company, announced a decrease in its voting rights held by BlackRock, Inc. The notification revealed a reduction from a previous 6.2% to 5.03% in total voting rights. This change, due to a disposal of financial instruments, indicates a shift in BlackRock’s investment position, potentially impacting SIG’s shareholder dynamics and market perception.
SIG plc, a UK-based company, has reported a significant change in its shareholder structure. Azvalor Asset Management SGIIC SA, based in Madrid, Spain, has increased its voting rights in SIG plc to 10.07% as of October 24, 2024, from a previous 5.01%. This change in holdings could influence the company’s decision-making processes and strategic direction as Azvalor Asset Management now holds a substantial stake in the company.