Added to YB: 2025-04-07
Pitch date: 2025-04-03
1910.HK [neutral]
Samsonite Group S.A.
+41.62%
current return
Author Info
Asian Century Stocks is a former buy-side investor in Asia that now focuses on researching value stocks in Asia and sharing them in his newsletter. 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 13.73
Price Target
N/A
Dividend
4.96%
EV/EBITDA
6.09
P/E
10.44
EV/Sales
1.39
Sector
Textiles, Apparel and Luxury Goods
Category
turnaround
Portfolio Review March 2025: Key Holdings - Samsonite Group S.A.
1910.HK (holding update): Samsonite FY2024: Rev -2.5% YoY, Op profit -15.4%, Net profit -13.4%. Q1 2025 outlook negative, but improvement expected late 2025. Renamed to Samsonite Group, US listing likely Q2/Q3 2025. Ongoing share buybacks (0.7% of outstanding). P/E 9.3x, dividend yield 4.8%. Potential for higher valuation post-US listing.
Read full article (2 min)