Professional
Added to YB: 2024-10-11
Pitch date: 2024-10-09
WOSG.L [bullish]
Watches of Switzerland Group PLC
+6.47%
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 878.4M
Pitch Price
GBP 4.61
Price Target
9.40 (+92%)
Dividend
N/A
EV/EBITDA
5.37
P/E
16.34
EV/Sales
0.86
Sector
Specialty Retail
Category
growth
Plural Partners Fund Portfolio Holding: Watches of Switzerland Group PLC
WOSG.L: Luxury watch retailer, key Rolex partner. Superior economics: no online competition, no inventory risk, long waitlists. CEO owns £40M stock. 12x FCF, double-digit growth. 100% upside in 3 years. Swiss exports data positive. US/UK Rolex wait times stable. Rolex strengthening ties via new service centers.
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