Added to YB: 2024-12-30
Pitch date: 2024-12-09
WOSG.L [bullish]
Watches of Switzerland Group PLC
-10.76%
current return
Author Info
Sophon Capital Management is a solo analyst with experience both on the buyside (at a Tiger Grand Cub, long/short hedge fund) and on the sell-side (covering Internet at a Wall Street investment bank) who is scouring the public markets for compounding machines and hidden assets. Sign up for the newsletter.
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 5.54
Price Target
N/A
Dividend
N/A
EV/EBITDA
5.37
P/E
16.34
EV/Sales
0.86
Sector
Specialty Retail
Category
growth
Brief Dive into $WOSG.LN
WOSG.L: World's #1 luxury watch retailer, 50%+ Rolex revenue. 75% from top 7 brands. Rolex AD consolidation & production boost (+60% by 2029) key tailwinds. Recent 20% drop due to Bucherer acquisition fears & profit warning. LRP: 2x revenue/EBIT by 2028. 20-28% ROCE. CEO owns 3.2%. 16% rev CAGR FY15-24. 12x NTM EBIT, below peers.
Read full article (5 min)