Added to YB: 2024-10-21
Pitch date: 2024-10-16
WOSG.L [bullish]
Watches of Switzerland Group PLC
+8.54%
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 4.52
Price Target
9.04 (+84%)
Dividend
N/A
EV/EBITDA
5.37
P/E
16.34
EV/Sales
0.86
Sector
Specialty Retail
Category
growth
Watches of Switzerland Group PLC - $WOSG.L
WOSG.L: Leading luxury watch retailer, 50% UK mkt share, expanding in US. 10x trailing FCF, 8x forward. +100% potential. Rolex 55-60% rev. CEO Duffy grew rev 4.4x, margins 5% to 10% since 2014. 10% annual growth expected. Fears of Rolex D2C misplaced. Resilient demand, no online risk.
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