Added to YB: 2025-12-30
Pitch date: 2025-12-26
SRC.L [neutral]
SigmaRoc plc
+1.58%
current return
Author Info
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Company Info
SigmaRoc plc, through its subsidiaries, invests in and/or acquires projects in the quarried materials sector.
Market Cap
GBP 1.4B
Pitch Price
GBP 1.26
Price Target
N/A
Dividend
N/A
EV/EBITDA
10.96
P/E
34.09
EV/Sales
1.91
Sector
Construction Materials
Category
growth
AIM A-Z Part 30: Serial Acquirers and a Cyclical Niche Leader - Watchlist: SigmaRoc plc
SRC.L (watchlist): £1.4B construction materials group, #1-2 in most markets. Revenue 10x in 5 years via aggressive M&A in fragmented lime/limestone markets. 9.5p EPS guidance = 13.5x P/E, £500M net debt (2x EBITDA), >£100M FCF expected. 6% ROIC (likely depressed by M&A costs pre-synergies). Risk: aggressive M&A in cyclical markets can backfire.
Read full article (1 min)