Added to YB: 2024-03-26
Pitch date: 2024-03-22
1910.HK [bullish]
Samsonite Group S.A.
-25.12%
current return
Author Info
Alex is an MBA from Columbia Business School, Value Investing Program that invests in global stocks. Sign up for the newsletter.
Company Info
Samsonite Group S.A. engages in the design, manufacture, sourcing, and distribution of luggage, business and computer bags, outdoor and casual bags, and travel accessories in Asia, North America, Europe, and Latin America.
Market Cap
HKD 3.0B
Pitch Price
HKD 25.96
Price Target
35.31 (+82%)
Dividend
4.96%
EV/EBITDA
6.09
P/E
10.44
EV/Sales
1.39
Sector
Textiles, Apparel and Luxury Goods
Category
turnaround
Samsonite (1910 HK)- Another Homecoming Queen
1910.HK Samsonite: World luggage leader turnaround story. Streamlined ops post-COVID, 11.3% '23 margin vs 3.6% '19. HK orphan, dual listing planned for higher multiple. Insiders own $328M+. 15% upside to $6.1B on 20x '24 $450M net income. Risks: listing gap, macro, bloat.
Read full article (4 min)