Professional
Added to YB: 2024-04-15
Pitch date: 2024-04-15
WOSG.L [bullish]
Watches of Switzerland Group PLC
+43.18%
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 1.2B
Pitch Price
GBP 3.49
Price Target
1.1K (+21236%)
Dividend
N/A
EV/EBITDA
6.44
P/E
16.57
EV/Sales
1.01
Sector
Specialty Retail
Category
growth
Parthenos Capital Portfolio Holding: Watches of Switzerland Group plc
WOSG.L: Luxury watch retailer down 70% despite only 5% exposure to falling secondhand prices. Steadily growing biz at 4x LTM EBITDA vs 27x peak. Huge US consolidation opportunity (300+ fragmented dealers) to drive 20%+ sales & FCF growth for years. Minimal downside, multi-bagger upside potential.
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