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SRC Sigmaroc Plc

91.00
0.70 (0.78%)
07 Mar 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Sigmaroc Plc LSE:SRC London Ordinary Share GB00BYX5K988 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.70 0.78% 91.00 10,380,008 16:29:57
Bid Price Offer Price High Price Low Price Open Price
90.70 91.00 91.10 89.20 90.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Investment Advice 580.29M 13.53M 0.0195 46.67 626.5M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:50:35 O 7,796 90.50 GBX

Sigmaroc (SRC) Latest News

Sigmaroc (SRC) Discussions and Chat

Sigmaroc (SRC) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2025-03-07 17:20:5190.507,7967,055.38O
2025-03-07 17:18:0590.6085,00077,010.00O
2025-03-07 17:14:2791.0012,50011,375.00O
2025-03-07 17:14:2291.0012,50011,375.00O
2025-03-07 17:08:1191.0012,50011,375.00O

Sigmaroc (SRC) Top Chat Posts

Top Posts
Posted at 07/3/2025 08:20 by Sigmaroc Daily Update
Sigmaroc Plc is listed in the Investment Advice sector of the London Stock Exchange with ticker SRC. The last closing price for Sigmaroc was 90.30p.
Sigmaroc currently has 693,801,899 shares in issue. The market capitalisation of Sigmaroc is £631,359,728.
Sigmaroc has a price to earnings ratio (PE ratio) of 46.67.
This morning SRC shares opened at 90p
Posted at 09/2/2025 12:07 by cardinal3
I see Midas (Mailonline) has tipped SRC this weekend.
Posted at 06/2/2025 13:25 by haywards26
Perhaps the anticipation of the shareholding change has been a hand brake on the share price these last few weeks/months.
Posted at 06/2/2025 07:14 by alter ego
"Further to the announcement released on 5 February 2025 in relation to a proposed secondary sale of ordinary shares (the "Placing Shares") in SigmaRoc Plc ("SigmaRoc" or the "Company"), CRH (UK) Limited, a subsidiary of CRH plc (the "Seller" or "CRH"), announces that, subject to completion, it has sold in aggregate 171,578,948 ordinary shares at the price of 67 pence per share, raising aggregate gross proceeds of approximately £115 million.

Following completion of the Placing, CRH will have exited its interest in SigmaRoc in full."
Posted at 06/2/2025 04:37 by elbrus55
Secondary placing is not available to retail investors unfortunately as they haven't met the EU legal requirements for that.If you want to top up suspect you will be able to buy SRC on the open market at a reduced price in the next week (maybe around 68p?) and the placing will likely go through a penny or so below that. So indirectly you could still potentially benefit from the placing.
Posted at 03/2/2025 11:58 by cerrito
I note thar Zeus has an unchanged target price of 158p.
They note that 2024 eps beat due to non repeatable preferential tax rates and have reduced 2025 eps forecast from 9.4p to 9.1p with a revenue reduction of £100m(£ 40m of which due to disposals) but margin expansion.
I did not get any insight for their forecast revenue reduction in 2025
No surprise that no dividends forecast in 2025/6.
Zeus states the market has not taken into account the improved earnings quality given SRC duoply in major economies in the high margin lime business.
Posted at 03/2/2025 11:29 by cardinal3
On any normal day the update would have had a share price leg up but the world is being Trumped at present. Solid results. The firm feels well managed.
Posted at 03/2/2025 11:18 by haywards26
Agreed, I had hoped the trading update would be the catalyst for the next leg up and to consolidate at the 80p + share price level..
Posted at 02/1/2025 14:45 by elbrus55
It would be nice! Doubtful though as one year ago CRH sold their Limestone assets to SRC (the highest bidder) including an equity component at 47.5p per SRC share. So, it seems unlikely that a year later somebody is going to offer, say, 90p for assets they could have fairly easily got for, say, 50-55p equivalent just a year ago.Kind of suspecting that SRC will join the main market on LSE soon. However, any secondary placing is stamp duty free while on AIM so there are pluses and minuses.
Posted at 02/1/2025 09:28 by elbrus55
CRH become free to sell their 15% shareholding in SRC from next week. That's £120m worth at current share price They could do a secondary placing or negotiated sale straight away; or could wait years but presumably they will want to exit the position at some point as they they wanted to sell their limestone business.
Posted at 01/11/2024 14:05 by davebowler
Zeus-
SigmaRoc has transformed itself into a leading European producer of minerals and related products and away from a pure aggregates business. Generating c. 60% of revenue from the higher margin, more resilient lime markets, SigmaRoc is the only UK listed business with this type of exposure. As such, the Exhibit below looks at both UK and international aggregate and minerals businesses for comparison. As the Exhibit shows, SigmaRoc trades on a material discount of c. 40% for FY25 EV/EBITDA versus the peer median and 45% FY25 P/E on the same metric. Below, we argue two dynamics which we believe warrants a rerating over the medium term;  Fundamentally, Zeus believe the attractive economics of the lime market from improved pricing power, robust demand through the cycle and secular drivers from the electrification of the economy and environmental protection warrant a higher multiple over pureplay aggregate businesses. As such, we would argue that trading on 5.0x FY25 EV/EBITDA for a duopolistic style business generating 22%+ EBITDA margin is unwarranted.  SigmaRoc geared the balance sheet to complete the acquisition of CRH’s European lime assets. Whilst Zeus forecast proforma leverage to peak at 2.2x (2.5x reported) in FY24 before falling to 1.2x by FY26 end, we see the current valuation being undemanding when looking at its free cash flow yield. SigmaRoc trades on a 9.1% FCF yield on Zeus estimates (excl. interest, 5.8% incl. interest) versus 2.5% for the UK peer median. We would argue that once the balance sheet deleverages and free cash flow gets allocated towards shareholder returns, SigmaRoc should trade on a FCF yield of low-mid single digits, supporting a rerating to the share price towards our Price Target of 158p.
Sigmaroc share price data is direct from the London Stock Exchange

Sigmaroc Frequently Asked Questions (FAQ)

What is the current Sigmaroc share price?
The current share price of Sigmaroc is 91.00p
How many Sigmaroc shares are in issue?
Sigmaroc has 693,801,899 shares in issue
What is the market cap of Sigmaroc?
The market capitalisation of Sigmaroc is GBP 626.5M
What is the 1 year trading range for Sigmaroc share price?
Sigmaroc has traded in the range of 61.70p to 91.10p during the past year
What is the PE ratio of Sigmaroc?
The price to earnings ratio of Sigmaroc is 46.67
What is the cash to sales ratio of Sigmaroc?
The cash to sales ratio of Sigmaroc is 1.09
What is the reporting currency for Sigmaroc?
Sigmaroc reports financial results in GBP
What is the latest annual turnover for Sigmaroc?
The latest annual turnover of Sigmaroc is GBP 580.29M
What is the latest annual profit for Sigmaroc?
The latest annual profit of Sigmaroc is GBP 13.53M
What is the registered address of Sigmaroc?
The registered address for Sigmaroc is 6 HEDDON STREET, LONDON, W1B 4BT
What is the Sigmaroc website address?
The website address for Sigmaroc is www.sigmroc.com
Which industry sector does Sigmaroc operate in?
Sigmaroc operates in the TELEGRAPH & OTH MESSAGE COMM sector

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