After a tough fiscal 2024, no-moat Sigma Healthcare started the new financial year on a better note. First-half fiscal 2025 underlying EBIT improved 21% on the previous corresponding period, to AUD 18 million, as the company began to see the benefits of the five-year Chemist Warehouse supply contract that commenced in July 2024.
The initial loss of the PBS Chemist Warehouse contract forced Sigma to restructure its business and we see the company emerging in better shape after regaining it.
Sigma’s enterprise management software has not kept pace with the advances in the distribution facilities, as a result, not all the benefits of the investment in facilities are being realized. We expect the software upgrade to take three to five years to be fully implemented.
|
Metric
|
SIG
|
EBO
|
CAH
|
|---|---|---|---|
Price/Earnings (Normalized) | — | 22.56 | 14.70 |
Price/Book Value | 2.63 | 2.59 | — |
Price/Sales | 0.53 | 0.48 | 0.12 |
Price/Cash Flow | — | 18.11 | 12.04 |
|
Metric
|
SIG
|
EBO
|
CAH
|
|---|---|---|---|
Quick Ratio | 1.17 | 0.55 | 0.48 |
Current Ratio | 1.74 | 0.95 | 0.98 |
Interest Coverage | 0.58 | 4.72 | 24.55 |
|
Metric
|
SIG
|
EBO
|
CAH
|
|---|---|---|---|
Return on Assets (Normalized) | −0.12% | 4.51% | 4.13% |
Return on Equity (Normalized) | −0.23% | 12.50% | — |
Return on Invested Capital (Normalized) | 0.19% | 9.38% | 109.00% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| McKesson Corp
MCK
| Mxcgcjlwr | Zhymc | $63.3 Bil | |||
| Cencora Inc
COR
| Sdjcgzhpb | Tmhyt | $44.1 Bil | |||
| Cardinal Health Inc
CAH
| Xmpxgbc | Gtppbzs | $26.6 Bil | |||
| Shanghai Pharmaceuticals Holding Co Ltd Class H
SHPMF
| — | Pqscbh | $9.3 Bil | |||
| Shanghai Pharmaceuticals Holding Co Ltd ADR repr Class H
SHPMY
| — | Qxpnrc | $9.3 Bil | |||
| Sinopharm Group Co Ltd
SHTDF
| — | Kpdkzvd | $8.1 Bil | |||
| Sinopharm Group Co Ltd ADR
SHTDY
| — | Znxyz | $8.1 Bil | |||
| Amplifon SpA Az nom Post Frazionamento
AMFPF
| — | Jtjmbrz | $6.7 Bil | |||
| Ebos Group Ltd ADR
EBOSY
| — | Lyhlrrj | $4.4 Bil | |||
| Medipal Holdings Corp ADR
MAHLY
| — | Gnb | $3.6 Bil |
United States