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Signet Jewelers (Signet Jewelers) Net Current Asset Value

: $-25.12 (As of Jan. 2024)
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In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).

Signet Jewelers's net current asset value per share for the quarter that ended in Jan. 2024 was $-25.12.

The historical rank and industry rank for Signet Jewelers's Net Current Asset Value or its related term are showing as below:

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Signet Jewelers was 30.06. The lowest was 7.78. And the median was 9.83.

SIG's Price-to-Net-Current-Asset-Value is not ranked *
in the Retail - Cyclical industry.
Industry Median: 3.59
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Signet Jewelers Net Current Asset Value Historical Data

The historical data trend for Signet Jewelers's Net Current Asset Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Signet Jewelers Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Net Current Asset Value
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -36.74 -26.89 -25.67 -34.18 -25.12

Signet Jewelers Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Net Current Asset Value Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -34.18 -33.94 -33.17 -33.21 -25.12

Competitive Comparison

For the Luxury Goods subindustry, Signet Jewelers's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Signet Jewelers Price-to-Net-Current-Asset-Value Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, Signet Jewelers's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Signet Jewelers's Price-to-Net-Current-Asset-Value falls into.



Signet Jewelers Net Current Asset Value Calculation

Signet Jewelers's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Jan. 2024 is calculated as

Net Current Asset Value Per Share(A: Jan. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(3536.6-3991.2-0-655.5)/44.2
=-25.12

Signet Jewelers's Net Current Asset Value (NCAV) per share for the quarter that ended in Jan. 2024 is calculated as

Net Current Asset Value Per Share(Q: Jan. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(3536.6-3991.2-0-655.5)/44.2
=-25.12

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Signet Jewelers  (NYSE:SIG) Net Current Asset Value Explanation

Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."

The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]

Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham’s strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.


Signet Jewelers Net Current Asset Value Related Terms

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Signet Jewelers (Signet Jewelers) Business Description

Traded in Other Exchanges
Address
2 Church Street, Clarendon House, Hamilton, BMU, HM11
Signet Jewelers Ltd is a retailer of diamond jewelry. Its merchandise mix includes bridal, fashion, watches and others. The bridal category includes engagement, wedding and anniversary purchases. Its segments are the North America segment, the International segment, and the Other segment. The North America segment contributes to the majority of the revenue.
Executives
Virginia Drosos director, officer: Chief Executive Officer CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11
Howard A Melnick officer: Chief Information Officer C/O SIGNET JEWELERS LIMITED, 375 GHENT ROAD, AKRON OH 44333
Mary Elizabeth Finn officer: Chief People Officer 770 BROADWAY, NEW YORK NY 10003
Stash Ptak officer: * See Remarks 375 GHENT RD, AKRON OH 44333
William Brace officer: See Remarks 375 GHENT RD, AKRON OH 44333
Joan M Hilson officer: Chief Financial Officer 150 THORN HILL DRIVE, WARRENDALE PA 15086-7528
Oded Edelman officer: President of JamesAllen.com CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11
Stephen E. Lovejoy officer: Chief Supply Chain Officer C/O SIGNET JEWELERS LIMITED, 375 GHENT ROAD, AKRON OH 44333
Zackery A Hicks director C/O SIGNET JEWELERS LIMITED, 375 GHENT ROAD, AKRON OH 44333
Brian A Tilzer director CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11
Rebecca Wooters officer: Chief Digital Officer 375 GHENT RD, AKRON OH 44333
Jamie Singleton officer: See Remarks 9797 ROMBAUER, DALLAS TX 75019
Helen Mccluskey director 2211 REDDING ROAD, FAIRFIELD CT 06430
Eugenia Ulasewicz director CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11
H. Todd Stitzer director CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11