(SIGN) SIG Combibloc - SW
Sector: Consumer Cyclical | Industry: Packaging & Containers | Exchange: SW (Switzerland) | Market Cap: 4.921m CHF | Total Return: -11.4% in 12m
Avg Turnover: 10.0M
Rev. Trend: 86.5%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
Idiosyncratic Leader, Tailwind, Pullback 52w
SIG Group AG is a Swiss packaging company specializing in aseptic carton packaging systems for beverages and food products. Founded in 1853 and headquartered in Neuhausen am Rheinfall, it offers cartons, bag-in-box, and spouted pouch packaging along with filling lines, packaging materials, closures, barrier films, and after-sales services. The company operates in more than 18 countries across Europe, Asia, the Americas, the Middle East, and Africa, and was renamed from SIG Combibloc Group AG to SIG Group AG in April 2022.
Aseptic carton packaging enables shelf-stable storage of liquid food and beverage products without refrigeration, forming the core of SIGs value proposition. The company is classified within the Paper & Plastic Packaging Products & Materials sub-industry of the GICS Materials sector.
- Aseptic carton demand surges in India and Africa
- Paperboard and aluminum costs pressure packaging margins
- Tetra Pak competition intensifies in core beverage markets
| Net Income: 67.8m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.08 > 0.02 and ΔFCF/TA 0.55 > 1.0 |
| NWC/Revenue: -3.39% < 20% (prev -18.08%; Δ 14.69% < -1%) |
| CFO/TA 0.15 > 3% & CFO 1.06b > Net Income 67.8m |
| Net Debt (2.45b) to EBITDA (1.01b): 2.42 < 3 |
| Current Ratio: 0.86 > 1.5 & < 3 |
| Outstanding Shares: last quarter (382.2m) vs 12m ago 0.01% < -2% |
| Gross Margin: 20.09% > 18% (prev 22.87%; Δ -2.79% > 0.5%) |
| Asset Turnover: 78.56% > 50% (prev 64.09%; Δ 14.48% > 0%) |
| Interest Coverage Ratio: 3.12 > 6 (EBIT TTM 416.6m / Interest Expense TTM 133.5m) |
| A: -0.03 (Total Current Assets 1.22b - Total Current Liabilities 1.42b) / Total Assets 7.07b |
| B: 0.10 (Retained Earnings 683.0m / Total Assets 7.07b) |
| C: 0.06 (EBIT TTM 416.6m / Avg Total Assets 7.38b) |
| D: 0.60 (Book Value of Equity 2.66b / Total Liabilities 4.41b) |
| Altman-Z'' = 1.14 = BB |
| DSRI: 0.89 (Receivables 463.0m/442.9m, Revenue 5.80b/4.93b) |
| GMI: 1.14 (GM 22.87% / 20.09%) |
| AQI: 0.99 (AQ_t 0.55 / AQ_t-1 0.55) |
| SGI: 1.18 (Revenue 5.80b / 4.93b) |
| TATA: -0.14 (NI 67.8m - CFO 1.06b) / TA 7.07b) |
| Beneish M = -2.88 (Cap -4..+1) = A |
As of June 26, 2026, the stock is trading at CHF 13.33 with a total of 949,657 shares traded. Over the past week, the price has changed by +7.85%, over one month by +14.62%, over three months by +12.02% and over the past year by -11.43%.
Current recommended Stop Loss: 12.80 (which is 4% or 1.3 ATR below the current price).
SIG Combibloc has no consensus analysts rating.
Market Cap EUR = 5.34b (4.92b CHF * 1.0852 CHF.EUR)
P/E Forward = 20.202
P/S = 1.5149
P/B = 1.9014
Revenue TTM = 5.80b EUR
EBIT TTM = 416.6m EUR
EBITDA TTM = 1.01b EUR
Long Term Debt = 2.07b EUR (from longTermDebt, last quarter)
Short Term Debt = 162.4m EUR (from shortTermDebt, last quarter)
Debt = 2.80b EUR (from shortLongTermDebtTotal, last quarter) + Leases 310.1m
Net Debt = 2.45b EUR (calculated: Debt 2.80b - CCE 354.0m)
Enterprise Value = 7.79b EUR (5.34b + Debt 2.80b - CCE 354.0m)
Interest Coverage Ratio = 3.12 (Ebit TTM 416.6m / Interest Expense TTM 133.5m)
EV/FCF = 13.74x (Enterprise Value 7.79b / FCF TTM 567.0m)
FCF Yield = 7.28% (FCF TTM 567.0m / Enterprise Value 7.79b)
FCF Margin = 9.78% (FCF TTM 567.0m / Revenue TTM 5.80b)
Net Margin = 1.17% (Net Income TTM 67.8m / Revenue TTM 5.80b)
Gross Margin = 20.09% ((Revenue TTM 5.80b - Cost of Revenue TTM 4.63b) / Revenue TTM)
Gross Margin QoQ = 8.77% (prev 24.96%)
Tobins Q-Ratio = 1.10 (Enterprise Value 7.79b / Total Assets 7.07b)
Interest Expense / Debt = 4.77% (Interest Expense 133.5m / Debt 2.80b)
Taxrate = 25.0% (non-US conservative default 25%)
NOPAT = 312.5m (EBIT 416.6m * (1 - 25.00%))
Current Ratio = 0.86 (Total Current Assets 1.22b / Total Current Liabilities 1.42b)
Debt / Equity = 1.05 (Debt 2.80b / totalStockholderEquity, last quarter 2.66b)
Debt / EBITDA = 2.42 (Net Debt 2.45b / EBITDA 1.01b)
Debt / FCF = 4.32 (Net Debt 2.45b / FCF TTM 567.0m)
Total Stockholder Equity = 2.85b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.92% (Net Income 67.8m / Total Assets 7.07b)
RoE = 2.38% (Net Income TTM 67.8m / Total Stockholder Equity 2.85b)
RoCE = 8.48% (EBIT 416.6m / Capital Employed (Equity 2.85b + L.T.Debt 2.07b))
RoIC = 5.66% (NOPAT 312.5m / Invested Capital 5.52b)
WACC = 5.66% (E(5.34b)/V(8.14b) * Re(6.76%) + D(2.80b)/V(8.14b) * Rd(4.77%) * (1-Tc(0.25)))
Discount Rate = 6.76% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -39.58 | Cagr: -0.03%
[DCF] Terminal Value 75.25% ; FCFF base≈570.1m ; Y1≈565.9m ; Y5≈585.9m
[DCF] Fair Price = 17.50 (EV 9.14b - Net Debt 2.45b = Equity 6.69b / Shares 382.1m; r=8.35% [WACC [floored]]; 5y FCF grow -1.37% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: N/A | # QB: 0
Revenue Correlation: 86.46 | Revenue CAGR: 7.89% | SUE: 0.09 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.28 | Chg30d=N/A | Revisions=N/A | Analysts=1
EPS current Year (2026-12-31): EPS=0.73 | Chg30d=-0.08% | Revisions=+20% | GrowthEPS=+21.9% | GrowthRev=+0.9%
EPS next Year (2027-12-31): EPS=0.70 | Chg30d=+0.00% | Revisions=+0% | GrowthEPS=+6.3% | GrowthRev=+3.5%
[Analyst] Revisions Ratio: +20%