Added to YB: 2026-05-29
Pitch date: 2026-05-26
CFR.SW [neutral]
Compagnie Financière Richemont SA
+4.35%
current return
Author Info
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Company Info
Compagnie Financière Richemont SA, an investment holding company, engages in the luxury goods business.
Market Cap
CHF 106.6B
Pitch Price
CHF 158.60
Price Target
N/A
Dividend
1.99%
EV/EBITDA
16.60
P/E
30.84
EV/Sales
4.59
Sector
Textiles, Apparel and Luxury Goods
Category
growth
Richemont (CFR Switzerland): jewellery keeps separating Richemont from the rest
CFR.SW (update): Q4 rev +13%, beat est on Jewellery Maisons strength (Cartier, VCA +16% despite tough comps). US & Asia momentum accelerated. Watches slowed but still grew. Op margin pressured by FX, gold costs, tariffs but opex +1% shows discipline. No FY26-27 price hikes yet. Net cash €8.5bn, div +10% + special + buyback. Trades premium to LVMH but justified by jewellery outperformance vs soft luxury weakness.
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