Main menu
Edison Group
  • Home
  • Equities

    Equities

    View All Equities

    Equities by Sector

    IRLAB Therapeutics

    MCap

    SEK653m

    Last close

    SEK14.10

    ▲ 1.50 (11.90%)

    VolitionRx

    MCap

    USD51m

    Last close

    USD0.60

    ▲ 0.05 (9.82%)

    Portobello SpA

    MCap

    EUR12m

    Last close

    EUR2.38

    ▲ 0.20 (9.17%)

  • Sectors

    Sectors

  • Thematics

    Thematics

    View All Thematics

    Latest

  • Audiovisual

    Audiovisual

    View All Audiovisual

    Latest

SigmaRoc (LSE: SRC)

Last close As at 01/11/2024

GBP0.81

▲ 2.50 (3.21%)

Market capitalisation

GBP870m

SigmaRoc is a specialised quarried materials group that invests in both new and existing construction material assets in the UK and Northern Europe. The extracted low- and high-grade materials are sold for use in agriculture, construction, environmental and industrial applications.

Latest Insights

Industrials | edison tv

SigmaRoc – executive interview

Industrials | QuickView

SigmaRoc — Solid Q322 results despite market headwinds

Industrials | QuickView

SigmaRoc — Diversified model supports H122 growth
Visit Website

Sector

Industrials

Equity Analyst

Andy Murphy

Andy Murphy

Director, Financials & Industrials

Balance Sheet

Forecast net debt (£m)

N/A

Forecast gearing ratio (%)

N/A

Share Price Performance

Price Performance
% 1M 3M 12M
Actual 10.3 7.6 60.5
Relative 12.3 11.4 43.2
52 week high/low 79.1p/45.0p

Financials

SigmaRoc (SRC) continues to benefit from resilient demand in both the industrial mineral and construction markets, a continuing trend which, based on FY22 consensus, will see adjusted pro-forma EBITDA growth of 19% pa since the IPO in 2017, as calculated by the company. Q322 like-for-like revenue growth was 19%, to £394m, and despite rising input prices the EBITDA margin was 19.5%, ahead of management’s expectations. The group trades on an FY22e P/E of 7.0x, at a comfortable discount to its prospective average of c 11x over the past five years.

Y/E Dec Revenue (£m) EBITDA (£m) PBT (£m) EPS (p) P/E (x) P/CF (x)
2021A 272.0 49.3 26.8 5.4 14.4 N/A
2022A 538.0 101.7 62.7 8.0 9.8 N/A
2023E N/A N/A N/A N/A N/A N/A
2024E N/A N/A N/A N/A N/A N/A

Research

QuickView

Industrials

SigmaRoc — Solid Q322 results despite market headwinds

QuickView

Industrials

SigmaRoc — Diversified model supports H122 growth

Industrials

edison tv

SigmaRoc – executive interview

edison tv

Industrials

SigmaRoc – executive interview

QuickView

Industrials

SigmaRoc — Solid Q322 results despite market headwinds

QuickView

Industrials

SigmaRoc — Diversified model supports H122 growth

Thematics

thematic

Industrials

The art of measurement – Challenges in metrology

thematic

Industrials

Deutsches Eigenkapitalforum (EKF) 2023 industrials

thematic

Industrials

The long and winding road

thematic

Industrials

Quantum computing: A booming industry
View All

Subscribe to Edison

Get access to the very latest content matched to your personal investment style.

Sign up for free