Added to YB: 2024-08-30
Pitch date: 2024-08-29
WOSG.L [bullish]
Watches of Switzerland Group PLC
+28.62%
current return
Author Info
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Company Info
Watches of Switzerland Group PLC operates as a retailer of luxury watches and jewelry in the United Kingdom, Europe, and the United States.
Market Cap
GBP 878.4M
Pitch Price
GBP 3.85
Price Target
4.58 (-7%)
Dividend
N/A
EV/EBITDA
5.37
P/E
16.34
EV/Sales
0.86
Sector
Specialty Retail
Category
value
New Addition: Watches of Switzerland Group
WOSG.L: Luxury watch retailer, strong UK presence, expanding US/EU. Stock down on Rolex-Bucherer deal fears & profit warning. FY24 rev £1.53-1.55B, EBIT 8.7-8.9%, growth 2-3%. 19.2% 10yr CAGR, 14.1% 5yr ROIC. Fwd P/E 9.33. 17% upside to £4.58 IV. Conservative 10% growth vs mgmt plan.
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