SigmaRoc (SRC) AI Stock Analysis

• Market Cap: £1.33B
• Dividend Yield: N/A
• Average Volume (3M): 4.04M
• Price to Earnings (P/E): 57.4
• Beta (1Y): 0.62
• Revenue Growth: 65.87%
• EPS Growth: 3.47%
• Country: UK
• Employees: 3,100
• Sector: Basic Materials
• Sector Strength: 57
• Industry: Construction Materials
• EPS (TTM): 0.02
• Shares Outstanding: 1,114,854,500
• 10 Day Avg. Volume: 3,895,424
• 30 Day Avg. Volume: 4,035,984
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: £134.00
• Price Target Upside: 12.23% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 76 Outperform
• Price Target: 128.00p ▲(7.20% Upside)

SigmaRoc stands out with strong financial performance and proactive corporate strategies, which are key strengths. Technical indicators support a positive outlook, though valuation concerns due to a high P/E ratio weigh down the overall score. The absence of earnings call data limits insight into management's guidance.

Positive Factors

Cash Flow Resilience

SigmaRoc can generate and grow resilient cash flows with diverse end-markets and a lengthening track record of improving acquired companies.

Growth Potential

SigmaRoc has an ambition to deliver ROIC ahead of 15% by 2030, highlighting a strong future growth potential.

Synergy Targets

SigmaRoc has raised its synergy targets a second time, from a minimum of €30m a year ago to €40m now; its €60m maximum remains in place.

Negative Factors

Leverage Concerns

Management remains determined to make deleveraging a priority, with 1.5x a plausible target for the end of 2025, at which point the leverage level would not be an obstacle for many investors.

Market Dependency

26% of SigmaRoc's sales are from Germany, and its exposure mostly to steel and construction, making it a significant beneficiary of Germany's proposed €500bn infrastructure programme, and increased defence spending.

SigmaRoc Business Overview & Revenue Model

Company Description

SigmaRoc (SRC) is a UK-based construction materials group that operates in the aggregates, asphalt, and concrete sectors. The company focuses on providing high-quality materials and solutions for construction and infrastructure projects, serving a diverse range of clients including contractors, builders, and public sector entities. SigmaRoc aims to enhance sustainability in construction through innovative practices and the efficient use of resources.

How the Company Makes Money

SigmaRoc generates revenue primarily through the sale of construction materials such as aggregates, asphalt, and concrete. The company capitalizes on its extensive network of quarries and production facilities to supply materials to various construction projects. Key revenue streams include direct sales to contractors and builders, as well as long-term supply agreements with major construction firms. Additionally, SigmaRoc benefits from partnerships with local governments and infrastructure projects, which often require large-scale material supplies. The company also focuses on operational efficiency and cost management to enhance profit margins and ensure steady revenue growth.

SigmaRoc Financial Statement Overview

Summary

SigmaRoc is in a strong financial position with consistent revenue growth and improved operational efficiency. The company maintains a stable balance sheet with a strategic approach to leverage. Cash flows are positive and support operational needs. Continued focus on improving net margins and managing capital expenditures will be key for sustaining growth and profitability.

Income Statement

SigmaRoc has demonstrated strong revenue growth over the years, with a significant increase from 2023 to 2024. The gross profit margin has been consistently healthy, and the company has improved its EBIT and EBITDA margins, indicating enhanced operational efficiency. However, the net profit margin is relatively low, suggesting areas for improvement in cost management or pricing strategies.

Balance Sheet

The balance sheet reflects a robust equity base with the equity ratio remaining stable. The debt-to-equity ratio is moderate, indicating a balanced approach to leverage. Return on equity has shown positive trends, though there's room for improvement in leveraging the equity base for higher returns. Overall, the balance sheet is stable, but attention should be paid to managing liabilities effectively.

Cash Flow

SigmaRoc's cash flow statement shows a healthy operating cash flow, which has grown significantly. The free cash flow has been positive, indicating good cash management. The operating cash flow to net income ratio suggests effective conversion of income to cash, which is a positive sign. However, the capital expenditures are substantial, which may impact future free cash flows if not managed carefully.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	962.51M	541.65M	537.99M	271.99M	124.23M
Gross Profit	228.57M	100.58M	115.94M	61.92M	34.20M
EBITDA	163.86M	77.86M	89.69M	22.93M	20.17M
Net Income	23.26M	13.53M	31.24M	-6.97M	6.51M
Balance Sheet
Total Assets	2.15B	1.02B	966.93M	769.32M	257.22M
Cash, Cash Equivalents and Short-Term Investments	131.36M	55.87M	68.62M	69.92M	27.45M
Total Debt	641.83M	238.30M	262.48M	233.92M	71.30M
Total Liabilities	1.39B	500.38M	497.08M	358.16M	133.66M
Stockholders Equity	724.77M	500.74M	458.12M	400.26M	123.56M
Cash Flow
Free Cash Flow	42.01M	9.08M	35.01M	6.92M	21.86M
Operating Cash Flow	117.02M	52.12M	87.73M	29.54M	28.47M
Investing Cash Flow	-584.63M	-64.56M	-84.92M	-375.16M	-14.06M
Financing Cash Flow	547.89M	957.00K	2.88M	388.54M	3.11M

SigmaRoc Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 119.40
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:SRC, the sentiment is Positive. The current price of 119.4 is above the 20-day moving average (MA) of 118.93, above the 50-day MA of 113.09, and above the 200-day MA of 91.72, indicating a bullish trend. The MACD of 2.76 indicates Positive momentum. The RSI at 58.37 is Neutral, neither overbought nor oversold. The STOCH value of 52.63 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:SRC.

SigmaRoc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BREE	77 Outperform	£1.27B	14.07	7.90%	3.92%	7.83%	-7.40%
SRC	76 Outperform	£1.33B	57.42	3.68%	―	65.87%	3.47%
MBH	70 Outperform	£94.91M	15.63	6.47%	4.03%	-9.35%	-35.39%
MSLH	67 Neutral	£481.71M	20.34	3.57%	3.88%	1.31%	10.19%
IBST	59 Neutral	£564.37M	46.43	3.10%	2.34%	5.58%	66.49%
FORT	57 Neutral	£403.54M	25.72	7.03%	1.53%	15.99%	96.05%
Sector *	56 Neutral	£2.51B	5.81	-0.10%	45.93%	10.53%	3.40%

SigmaRoc Corporate Events

SigmaRoc Reports Robust H1 2025 Performance Amidst Market Challenges

SigmaRoc reported a strong performance in the first half of 2025, with revenues increasing by 13% to £510 million and underlying EBITDA rising by 22% to £118 million. Despite challenges such as reduced core volumes due to market softness and external factors, the company maintained its margin strategy through active mix optimization and plant utilization. The company remains confident in its full-year outlook, driven by synergy initiatives and cost control, and anticipates further benefits as market conditions improve.

The most recent analyst rating on (GB:SRC) stock is a Buy with a £115.00 price target. To see the full list of analyst forecasts on SigmaRoc stock, see the GB:SRC Stock Forecast page.

SigmaRoc’s Voting Rights Shift: FMR LLC Increases Stake

SigmaRoc PLC has announced a change in its voting rights, with FMR LLC increasing its stake to 10% as of July 11, 2025. This acquisition of voting rights by FMR LLC, a major investment firm based in Boston, USA, could potentially influence SigmaRoc’s strategic decisions and impact its market positioning.

The most recent analyst rating on (GB:SRC) stock is a Buy with a £115.00 price target. To see the full list of analyst forecasts on SigmaRoc stock, see the GB:SRC Stock Forecast page.

SigmaRoc PLC Announces Change in Major Holdings

SigmaRoc PLC has announced a change in its major holdings, with FMR LLC, a Boston-based company, adjusting its voting rights in SigmaRoc to 9.9956% from a previous 10%. This adjustment in holdings reflects a minor shift in the company’s shareholder structure, which may influence its governance and decision-making processes.

The most recent analyst rating on (GB:SRC) stock is a Buy with a £114.00 price target. To see the full list of analyst forecasts on SigmaRoc stock, see the GB:SRC Stock Forecast page.

SigmaRoc PLC Announces Major Shareholding Change

SigmaRoc PLC has announced a significant change in its shareholding structure, as Driehaus Capital Management LLC has crossed a major shareholding threshold, now holding 3.127143% of the company’s shares. This development could impact SigmaRoc’s market dynamics and investor relations, as changes in major shareholdings often influence company strategies and stakeholder interests.

The most recent analyst rating on (GB:SRC) stock is a Buy with a £115.00 price target. To see the full list of analyst forecasts on SigmaRoc stock, see the GB:SRC Stock Forecast page.

SigmaRoc PLC Announces Change in Major Holdings

SigmaRoc PLC, a company involved in the construction materials sector, has announced a change in its major holdings. Conversant Capital LLC, based in Wilmington, Delaware, USA, has reduced its voting rights in SigmaRoc from 5.96% to 4.84%. This adjustment in holdings may impact the company’s shareholder dynamics and influence its strategic decisions moving forward.

The most recent analyst rating on (GB:SRC) stock is a Buy with a £115.00 price target. To see the full list of analyst forecasts on SigmaRoc stock, see the GB:SRC Stock Forecast page.

SigmaRoc’s Skreenhouse Ventures Invests in Koncrete to Enhance Digital Logistics

SigmaRoc’s innovation arm, Skreenhouse Ventures, has led a €1 million seed funding round in the French construction tech startup Koncrete. This investment aims to digitize procurement and logistics in the building materials sector, enhancing operational efficiency and reducing carbon emissions. Koncrete’s platform allows construction professionals to streamline sourcing and logistics, and the funding will support its growth in France. The initiative aligns with SigmaRoc’s commitment to sustainability and industrial innovation, potentially strengthening its position in the construction materials industry.

The most recent analyst rating on (GB:SRC) stock is a Buy with a £115.00 price target. To see the full list of analyst forecasts on SigmaRoc stock, see the GB:SRC Stock Forecast page.

SigmaRoc Director Increases Stake Through Option Exercise and Share Purchase

SigmaRoc announced that Tim Hall, a Non-Executive Director, exercised 750,000 options under the company’s 2016 Share Option Plan and purchased an additional 80,884 shares. This transaction increases Mr. Hall’s total interest in the company to 750,000 shares, representing 0.067% of the total issued share capital. The exercise of options was completed on a cashless basis, with no new ordinary shares issued, maintaining the total number of shares with voting rights at 1,114,854,530. This move reflects confidence in the company’s strategy and could have implications for shareholder value and market perception.

The most recent analyst rating on (GB:SRC) stock is a Buy with a £115.00 price target. To see the full list of analyst forecasts on SigmaRoc stock, see the GB:SRC Stock Forecast page.