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Added to YB: 2024-04-25

Pitch date: 2024-04-24

WOSG.L [bullish]

Watches of Switzerland Group PLC

+38.53%

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 3.54

Price Target

533.00 (+10769%)

Dividend

N/A

EV/EBITDA

5.37

P/E

16.34

EV/Sales

0.86

Sector

Specialty Retail

Category

value

Show full summary:
Stock analysis: The Watches of Switzerland Group PLC

WOSG.L: UK luxury watch retailer, 50%+ rev from Rolex. US expansion key growth driver. Bucherer deal sparked fears but likely overblown near-term. Defensive balance sheet, strong cash flows. Normalized earnings power implies 32% undervaluation at 363p/share vs 533p fair value estimate.

Read full article (5 min)