Added to YB: 2025-05-08
Pitch date: 2025-05-07
UHR.SW [neutral]
The Swatch Group AG
+22.39%
current return
Author Info
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Company Info
The Swatch Group AG designs, manufactures, and sells finished watches, jewelry, and watch movements and components worldwide.
Market Cap
CHF 7.9B
Pitch Price
CHF 134.12
Price Target
150.00 (-9%)
Dividend
2.99%
EV/EBITDA
12.50
P/E
N/A
EV/Sales
1.08
Sector
Textiles, Apparel and Luxury Goods
Category
turnaround
Can Swatch be fixed?
UHR.SW (overview): Swiss watchmaker trading at 24x P/E, 7.3x EV/EBITDA, 3.2% yield. Underperforming with -17% 10yr EPS CAGR, 30% China revenue drop. Hidden asset: property portfolio at historical cost of CHF 3B. DCF value CHF 150-209. Activist Steven Wood nominated for board but facing resistance from Hayek family (43% voting rights).
Read full article (4 min)