Swatch (watchmaking): Highly exposed to luxury and discretionarySwatch (watchmaking): Highly exposed to luxury and discretionary consumer spending, it will depend on the demand for high-end watches.
Trading at 32.4% below estimate of its fair value
Earnings are forecast to grow 16.62% per year
Dividend of 4.29% is not well covered by free cash flows
Profit margins (7.1%) are lower than last year (12.4%)
Breguet
UHR - Swatch Group - the stock has only been decimated for monthTrading at 41.2% below our estimate of its fair value
Earnings are forecast to grow 18.29% per year
the stock has only been decimated for months and months!
Swatch Group presents a compelling investment opportunity with Omega as the official sponsor of the Olympics, enhancing global visibility and prestige. Additionally, collaborations with renowned brands like Blancpain and Omega highlight their innovative approach. Tissot watches are also performing well in the market, reflecting strong consumer demand. Investing in Swatch means being part of a dynamic and successful portfolio in the luxury watch industry.
Swatch Group UHR: Tissot, Longines, Omega, Breguet, Blancpain...Trading at 19.8% below our estimate of its fair value
Earnings are forecast to grow 5.89% per year
Earnings grew by 7.7% over the past year
Trading at good value compared to peers and industry
Key Insights
Swatch Group's estimated fair value is CHF260 based on 2 Stage Free Cash Flow to Equity
Swatch Group's CHF209 share price indicates it is trading at similar levels as its fair value estimate
Fair value estimate is 8.6% higher than Swatch Group's analyst price target of CHF240