Professional
Added to YB: 2025-01-28
Pitch date: 2025-01-26
1910.HK [bullish]
Samsonite Group S.A.
-6.19%
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 20.87
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
growth
Rome Capital Portfolio Holding: SAMSONITE
1910.HK: Global luggage leader w/ 15%+ ROE. GDP+ growth in mature mkts, accelerated in underpenetrated regions. Dual US listing plan could close valuation gap (12x 2024 P/E vs 15-30x peers). 2024 detractor due to macro slowdown & overweighting. Sales growth picking up, buybacks ongoing. 3-point plan: accelerate listing, right-size position, hedge macro risks.
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