Signet Jewelers Limited

SIG

Luxury Goods · Consumer Cyclical

Price

$81.37

+0.35 (+0.43%)

Market Cap

$3.20B

Winston Score

Winston is curious

A decent business — some strong pillars, some weaker.

Data as of Aug 23, 2026 · filings through May 2, 2026

How the score breaks down

Quality

Good

Growth

Mixed

Cash Flow

Strong

Stability

Good

Valuation

Strong

Dividends

Mixed

Track this stock — start free trial

Share count falling — buybacks

−34.0% over 4y

The company has reduced its share count over this period, returning value to shareholders through buybacks.

Diluted shares outstanding: 63.0M (2022) → 41.6M (2026)

Winston Score History

The full picture

Signet Jewelers is the largest specialty jewelry retailer in the United States, United Kingdom, and Canada. It sells engagement rings, wedding bands, and other jewelry through well-known store brands including Kay Jewelers, Zales, Jared, and H.Samuel. Its main customers are everyday consumers shopping for milestone moments like engagements and anniversaries.

Signet makes money by selling jewelry directly to shoppers through roughly 2,800 retail stores and a growing online channel. It also earns revenue from extended service plans and, historically, from its in-house credit financing program. The company's scale and portfolio of recognizable brand names give it a distribution advantage over smaller independent jewelers. However, Signet is heavily exposed to engagement ring demand, which has been under pressure as marriage rates in the U.S. decline — making a recovery in bridal spending the key variable for future revenue growth.

Growth Profile

For growth stock investors

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

-0.3% YoY

YoY Growth Rate

Revenue declining

EPS Growth

+170.2% YoY

YoY Growth Rate

EPS growth accelerating

R&D Spend

$0/ year

0.0% of revenue

Below sector average (4%)

Research and development spending

Insider Activity

11.7%ownership

→ Flat

Insider ownership roughly steady over the past year

Cash Position

Cash flow positive

$880M cash & investments

Quarterly Free Cash Flow

↑ Burn rate improving

Company generates more cash than it spends — no dilution risk from fundraising

Revenue declining

Signet Jewelers Limited's revenue is actually shrinking. In a growth stock, that removes the core investment thesis. The low Winston Score here may be warranted — unless there's a turnaround story.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Profit per sale

Gross Margin

35.8%

Modest — 35.8% gross margin

Profit after running costs

Operating Margin

3.0%

Thin — 3.0% operating margin

Return on the money invested

ROCE

31.9%

Exceptional — 31.9% return on capital

ROIC above 25%. Every dollar invested in the business earns more than 25 cents back per year.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales growth

Sales YoY

+1.4%

Nearly flat sales (+1.4% YoY)

Profit growth

EPS YoY

+693.4%

Earnings growing fast (+693.4% YoY)

Earnings growing 25%+ a year. The compounder zone.

How steady the profit is

EPS Consistency

4/8 quarters

Earnings inconsistent quarter-to-quarter

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Profit that turns into cash

Cash Conversion

242%

Turns 242% of profit into real cash

Spare cash per sale

FCF Margin

8.3%

Modest free cash flow (8.3%)

FCF margin between 0% and 10%. Some cash from sales, but not a lot.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

What it owes vs what it owns

Debt / Equity

N/A

Data not available

Covers its interest

Interest Cover

100.00x

Comfortably covers interest (100.0x)

Interest coverage above 8. Profits cover interest many times over.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

Price vs profit

P/E Ratio (TTM)

11.3x

Attractive valuation — P/E 11.3

P/E in the normal range. Price is roughly $15 for every $1 of yearly profit.

Cheaper or dearer next year

P/E vs Forward

+2.3

GROWING

Earnings expected to grow — slightly cheaper on forward P/E

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Dividend

Dividend Yield

1.38%

Small dividend — 1.38% yield

Modest yield. The bulk of any return needs to come from price appreciation.

Dividend record

Dividend Growth

+9.8%

Dividend growing modestly (9.8% YoY)

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.

Start free trial