Professional
Added to YB: 2026-07-24
Pitch date: 2026-07-21
WOSG.L [neutral]
Watches of Switzerland Group PLC
-7.48%
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 7.55
Price Target
N/A
Dividend
N/A
EV/EBITDA
8.06
P/E
17.81
EV/Sales
1.23
Sector
Specialty Retail
Category
growth
Plural Investing LLC Fund Portfolio Holding - Watches of Switzerland
WOSG.L (holding update): Rolex authorized retailer w/ subsidiary-like economics (waitlists, no online comp/inventory risk). 50% UK, ~10% US Rolex share, consolidating US via M&A at 20% returns. Beat FY guidance despite luxury slowdown, 31% Swiss tariffs. Bought at £3.5 in 2024, now £7.8, 15x EV/FCF vs 20x historical. HSD organic growth + acquisitions could add 20%. Pre-owned/Roberto Coin/ecomm 24% of sales growing 15-20%. ND/EBITDA 0.5x. CEO owns £70mm.
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