Professional
Added to YB: 2025-04-25
Pitch date: 2025-04-23
WOSG.L [neutral]
Watches of Switzerland Group PLC
+100.44%
current return
Author Info
No bio for this author
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 1.8B
Pitch Price
GBP 3.67
Price Target
736.40 (+9905%)
Dividend
N/A
EV/EBITDA
8.68
P/E
25.50
EV/Sales
1.36
Sector
Specialty Retail
Category
turnaround
Plural Partners Fund Portfolio Holding: Watches of Switzerland Group PLC
WOSG.L (holding update): Luxury watch retailer with strong Rolex/Patek relationships (75% of profits) driving superior economics - no online competition, waitlists, no inventory risk. Stock down on luxury demand fears & US Swiss tariffs (10%). US waitlists remain strong, tariffs reduce US profits ~10%, 5% group-wide. Trades at 9x FCF with 2x upside in 3 years.
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