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SigmaRoc (SRC) AI Stock Analysis
SigmaRoc
(LSE:SRC)
The score is driven primarily by improving financial performance (material margin and earnings step-up) and a constructive earnings-call outlook (growth, synergies, and lower leverage). Offsetting these positives are mixed/weak technical signals (negative MACD and price below key moving averages) and only moderate valuation support (P/E ~15.3 with no dividend yield provided).
SigmaRoc (SRC) vs. iShares MSCI United Kingdom ETF (EWC)
- Market Cap
- GBP 1.37B
- Dividend Yield
- ―
- Average Volume (3M)
- 5.41M
- Price to Earnings (P/E)
- 15.4
- Beta (1Y)
- 1.30
- Revenue Growth
- 4.46%
- EPS Growth
- 100.00%
- Country
- UK
- Employees
- 3,000
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Construction Materials
SigmaRoc Business Overview & Revenue Model
Company Description
Headquartered in London, UK, SigmaRoc plc, established in 1999 and previously known as Messaging International Plc until its rebranding in August 2016, is actively involved in acquiring and investing in enterprises within the construction materials i...
How the Company Makes Money
SigmaRoc makes money primarily by producing and selling construction materials (most notably aggregates) to customers involved in infrastructure, commercial, and residential construction. Revenue is generated from (1) sales volumes of materials extra...
SigmaRoc Earnings Call Summary
The call was strongly positive overall. Management reported double-digit EBITDA and EPS growth, higher margins, lower leverage, healthy cash conversion, continued synergy delivery, asset expansion and an attractively valued, earnings-enhancing Lithuanian acquisition. The main cautions were weak European residential construction, a 3% overall volume decline in the EBITDA bridge, geopolitical and interest-rate uncertainty, cautious margin guidance, and ongoing management of energy hedges and working capital.
Q2-2026 Updates
Positive Updates
Negative Updates
Company Guidance
Management expressed confidence in the full year outlook and said the second half, which is typically a stronger half than the first, has started well ahead of last year; the board’s view is that the group is “on track for another solid performance,” while remaining cautious and preferring to “keep guidance as it stands and then revise later in the year.” The synergy program delivered EUR 5 million in H1, has reached the minimum increased from EUR 30 million to EUR 40 million, and management will aim for EUR 60 million, with EUR 15 million more to go after; for acquisitions, the guidance is “about 25% EBITDA increase on any deal,” while the Dolomitas deal is expected to complete at the end of Q3 and into Q4. Medium-term annualized CapEx guidance is “around 65-ish” excluding leases, rising by “10% plus” with Dolomitas, with “65, 70-ish” pre-leases a good number; working capital is expected to remain at 5%-10% of revenue, leverage is managed within 1.5x to 2x, and the typical tax guidance is 22%.
SigmaRoc Financial Statement Overview
Summary
Profitability improved sharply in 2025 (net income ~£79.9m vs ~£23.3m; stronger gross and EBIT margins), but the balance sheet carries meaningful leverage (debt-to-equity ~0.77) and free-cash-flow conversion vs earnings remains moderate and somewhat volatile historically.
Income Statement
74PositiveBalance Sheet
66PositiveCash Flow
61Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.05B | 1.04B | 962.51M | 541.65M | 537.99M | 271.99M |
| Gross Profit | 271.61M | 268.99M | 228.57M | 123.56M | 115.94M | 61.92M |
| EBITDA | 260.67M | 238.59M | 163.86M | 77.86M | 89.69M | 22.93M |
| Net Income | 88.12M | 79.86M | 23.26M | 13.53M | 31.24M | -7.56M |
Balance Sheet | ||||||
| Total Assets | 2.28B | 2.26B | 2.15B | 1.02B | 966.93M | 769.32M |
| Cash, Cash Equivalents and Short-Term Investments | 183.74M | 166.67M | 131.36M | 55.87M | 68.62M | 69.92M |
| Total Debt | 646.31M | 639.03M | 641.83M | 238.30M | 262.48M | 233.92M |
| Total Liabilities | 1.41B | 1.41B | 1.39B | 500.38M | 497.08M | 358.16M |
| Stockholders Equity | 845.97M | 825.57M | 724.77M | 500.74M | 458.12M | 400.26M |
Cash Flow | ||||||
| Free Cash Flow | 66.61M | 75.71M | 42.01M | 9.08M | 35.01M | 6.92M |
| Operating Cash Flow | 173.02M | 171.12M | 117.02M | 52.12M | 87.73M | 29.54M |
| Investing Cash Flow | -106.55M | -91.39M | -584.63M | -64.56M | -85.53M | -375.16M |
| Financing Cash Flow | -58.95M | -51.86M | 547.89M | 957.00K | 2.88M | 388.54M |
SigmaRoc Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:SRC, the sentiment is Neutral. The current price of 123.30 is below the 20-day moving average (MA) of 123.64, below the 50-day MA of 125.78, and below the 200-day MA of 126.93, indicating a bearish trend. The MACD of -1.36 indicates Negative momentum. The RSI at 49.33 is Neutral, neither overbought nor oversold. The STOCH value of 63.43 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for GB:SRC.
SigmaRoc Peers Comparison
Overall Rating
GB:MSLH69Neutral
GB:BREE66Neutral
GB:MBH66Neutral- GB:SRC66Neutral
GB:FORT65Neutral
GB:IBST46Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| GB:MSLH | 69Neutral | GBP 438.43M | 21.30 | 3.79% | 4.02% | -0.25% | -12.96% |
| GB:BREE | 66Neutral | GBP 1.15B | 14.13 | 6.73% | 4.62% | 7.88% | -9.34% |
| GB:MBH | 66Neutral | GBP 63.92M | 17.41 | 4.06% | 6.52% | -7.01% | -28.77% |
| GB:SRC | 66Neutral | GBP 1.37B | 15.35 | 10.54% | ― | 4.46% | 100.00% |
| GB:FORT | 65Neutral | GBP 324.06M | 18.94 | 7.98% | 3.66% | -4.66% | 16.91% |
| Sector * | 61Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
| GB:IBST | 46Neutral | GBP 318.58M | -13.93 | -6.19% | 2.48% | -10.12% | -287.99% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| GB:SRC | SigmaRoc plc | 123.30 | 10.10 | 8.92% | |
| GB:FORT | Forterra plc | 163.80 | -11.62 | -6.63% | |
| GB:IBST | Ibstock plc | 80.65 | -53.21 | -39.75% | |
| GB:MSLH | Marshalls plc | 174.20 | 10.48 | 6.40% | |
| GB:MBH | Michelmersh Brick Holdings | 70.50 | -12.63 | -15.19% | |
| GB:BREE | Breedon Group plc | 330.00 | 8.93 | 2.78% |
SigmaRoc Corporate Events
SigmaRoc buys Lithuanian dolomite producer Dolomitas in €118m Baltics push
PositiveSigmaRoc has agreed to acquire Lithuanian dolomite producer AB Dolomitas for €110m on a debt- and cash-free basis, plus €8m for non-core assets including industrial land near the port of Klaipėda. Dolomitas, established in 1964, supp...
SigmaRoc Delivers Strong H1, Bolsters Balance Sheet and Growth Capacity
PositiveSigmaRoc reported a robust first half of 2026, with revenue rising 2.5% to £523.1m and underlying EBITDA up over 11% to £131.2m, lifting margins by 200 basis points. Underlying EPS increased 12.2%, net debt fell 7.2%, covenant leverage impr...
SigmaRoc resets investor presentation time ahead of 7 September interim results
PositiveSigmaRoc has confirmed that it will publish its interim results on Monday, 7 September 2026, and will host an online analyst briefing at 08:30 BST the same day. The company has also adjusted the time of its Investor Meet Company presentation for priv...
SigmaRoc Posts Strong First Half and Expands Limestone Reserves
PositiveSigmaRoc reported a strong first half to 30 June 2026, with like-for-like revenue up 2.5% to £523.1m and EBITDA rising 11.3%, lifting margins by 200 basis points. Core volumes grew 1% for the first time in three years, driven by improving constr...
SigmaRoc CEO Increases Stake with Additional Share Purchase
PositiveSigmaRoc, the AIM-quoted European lime and minerals group, reported that its chief executive, Max Vermorken, has purchased 10,000 ordinary shares in the company at 119.65 pence per share. Following this transaction, Vermorken holds 3,271,124 shares,...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Sep 15, 2026