Published on 15 May 2024 on Simply Wall St. via Yahoo Finance
Is Signet Jewelers Limited (NYSE:SIG) Trading At A 47% Discount?
Key Insights
The projected fair value for Signet Jewelers is US$188 based on 2 Stage Free Cash Flow to EquityCurrent share price of US$99.44 suggests Signet Jewelers is potentially 47% undervalued The US$123 analyst price target for SIG is 35% less than our estimate of fair value
How far off is Signet Jewelers Limited (NYSE:SIG) from its intrinsic value? Using the most recent financial data, we'll take a look at whether the stock is fairly priced by taking the expected future cash flows and discounting them to their present value. Our analysis will employ the Discounted Cash Flow (DCF) model. Models like these may appear beyond the comprehension of a lay person, but they're fairly easy to follow.