Latest news with #WatchesofSwitzerlandGroup
Edinburgh Live
10 hours ago
- Business
- Edinburgh Live
Luxury Edinburgh watch boutique opens at St James Quarter with pool table and bar
Our community members are treated to special offers, promotions and adverts from us and our partners. You can check out at any time. More info A luxury Swiss watchmaker has opened within Edinburgh's St James Quarter with a pool table and stocked bar. The new additions to Breitling, which has seen the unit more the double in size, have been put in place to offer a "enhanced client experience" and the "perfect environment" to discover its wears. The expanded boutique within the huge shopping, dining and leisure centre, recently reopened following a refurbishment and in partnership with Watches of Switzerland Group. The unique store features an industrial loft design, exposed brickwork and steel accents. It also includes a pool table and fully stocked bar for customers to discover the full collection. Gavin Murphy, Breitling's Managing Director, commented: "The expansion of the Edinburgh boutique marks an important step for Breitling in Scotland, a city that has long been significant to the brand. (Image: Breitling) "The new boutique has doubled in size, allowing us to bring more theatre. With the Breitling pool table and a bar that truly embodies the spirit of Breitling, creating a social, informal and inclusive experience to our clients" Customers can find the brand's full collection in-store, from UK exclusives and limited editions to iconic timepieces such as the Navitimer, Chronomat, Superocean, and Premier. Craig Bolton, President of the Watches of Switzerland Group UK & Europe, added: "The Watches of Switzerland Group has a rich history of long-standing, prestigious brand partnerships, and we are delighted to be partnering with Breitling in opening the expanded boutique in St. James Quarter – the leading premium retail destination in Scotland."
Yahoo
02-06-2025
- Business
- Yahoo
What Does Watches of Switzerland Group PLC's (LON:WOSG) Share Price Indicate?
Watches of Switzerland Group PLC (LON:WOSG), is not the largest company out there, but it received a lot of attention from a substantial price increase on the LSE over the last few months. Shareholders may appreciate the recent price jump, but the company still has a way to go before reaching its yearly highs again. With many analysts covering the stock, we may expect any price-sensitive announcements have already been factored into the stock's share price. But what if there is still an opportunity to buy? Today we will analyse the most recent data on Watches of Switzerland Group's outlook and valuation to see if the opportunity still exists. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. According to our valuation model, Watches of Switzerland Group seems to be fairly priced at around 1.1% below our intrinsic value, which means if you buy Watches of Switzerland Group today, you'd be paying a reasonable price for it. And if you believe the company's true value is £4.34, then there's not much of an upside to gain from mispricing. Although, there may be an opportunity to buy in the future. This is because Watches of Switzerland Group's beta (a measure of share price volatility) is high, meaning its price movements will be exaggerated relative to the rest of the market. If the market is bearish, the company's shares will likely fall by more than the rest of the market, providing a prime buying opportunity. Check out our latest analysis for Watches of Switzerland Group Future outlook is an important aspect when you're looking at buying a stock, especially if you are an investor looking for growth in your portfolio. Buying a great company with a robust outlook at a cheap price is always a good investment, so let's also take a look at the company's future expectations. Watches of Switzerland Group's earnings over the next few years are expected to double, indicating a very optimistic future ahead. This should lead to stronger cash flows, feeding into a higher share value. Are you a shareholder? WOSG's optimistic future growth appears to have been factored into the current share price, with shares trading around its fair value. However, there are also other important factors which we haven't considered today, such as the track record of its management team. Have these factors changed since the last time you looked at the stock? Will you have enough confidence to invest in the company should the price drop below its fair value? Are you a potential investor? If you've been keeping tabs on WOSG, now may not be the most advantageous time to buy, given it is trading around its fair value. However, the optimistic prospect is encouraging for the company, which means it's worth diving deeper into other factors such as the strength of its balance sheet, in order to take advantage of the next price drop. In light of this, if you'd like to do more analysis on the company, it's vital to be informed of the risks involved. You'd be interested to know, that we found 2 warning signs for Watches of Switzerland Group and you'll want to know about them. If you are no longer interested in Watches of Switzerland Group, you can use our free platform to see our list of over 50 other stocks with a high growth potential. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Fashion Network
15-05-2025
- Business
- Fashion Network
Watches of Switzerland hails growth comeback in latest year, US excels
Watches of Switzerland Group delivered a 52-week trading update on Thursday and said its performance was 'in line with market expectations' plus it made 'strong strategic and operational progress with significant performance improvement in H2'. The company was formerly a perennial outperformer but had seen its seemingly unstoppable growth stalling in recent periods so any improvement is good news. Full-year group revenue was up 8% to £1,652 million, in constant currency and up 7% reported, in line with market expectations. UK & Europe revenue rose 2% but US revenue powered ahead by 16% in constant currency and 14% reported. Demand for its key luxury brands, particularly products on its Registration of Interest lists, 'remains strong, outstripping supply in both the US and UK markets'. The improved second-half performance saw group revenue rising 12% in H2 after a rise of only 4% in H1 at constant currency. Again, it saw a powerful performance in the US in the second half with an increase of 19% compared to 11% in the first half. As previously outlined, in Q1 it had increased showroom stock levels of key brands to enhance displays and client experience, particularly in the US. The company added that post-year-end, 'following a temporary period of consumer uncertainty in response to the initial tariff announcement, we have seen a return to normalised trading patterns in April. [But] we are cognisant that the US tariff situation is currently unresolved, making it more difficult to predict future US trading patterns'. Back with the last financial year it also said it saw a 'positive improving trend in the UK, to +6% in H2' and 'we continue to be encouraged by the performance of our pre-owned businesses in the UK and US'. Meanwhile Roberto Coin Inc 'has performed strongly' and 'full-year adjusted EBIT [is] expected to be in line with market expectations'. CEO Brian Duffy said: 'In H2 FY25 we returned to growth in both the UK and US. In the US, we experienced strong momentum. In the UK, we were pleased to see the external environment stabilise in line with our expectations.' An H2 highlight was the opening of the new flagship Rolex boutique on Old Bond Street, London, 'in which we were able to bring our retailing excellence and operational strength to bear. Trading since launch has exceeded our expectations'. The company will launch its upgraded US Watches of Switzerland e-commerce website in the current Q1 of FY26 with further sites launching for Mayors and Betteridge during the year and 'this will provide a significantly enhanced client experience'. It said the 'US luxury jewellery market is the largest in the world and growing strongly. We will continue to build on the momentum we have seen in Roberto Coin Inc, with several exciting growth initiatives, including the launch of a major marketing campaign, secured locations for three monobrand boutiques and our e-commerce website upgrade'. Duffy added: 'As we look ahead, we remain confident in the strength of our business model, our strong pipeline of showroom openings and the resilience of the luxury watch category where demand for key brands continues to outstrip supply.'
Fashion Network
15-05-2025
- Business
- Fashion Network
Watches of Switzerland hails growth comeback in latest year, US excels
Watches of Switzerland Group delivered a 52-week trading update on Thursday and said its performance was 'in line with market expectations' plus it made 'strong strategic and operational progress with significant performance improvement in H2'. The company was formerly a perennial outperformer but had seen its seemingly unstoppable growth stalling in recent periods so any improvement is good news. Full-year group revenue was up 8% to £1,652 million, in constant currency and up 7% reported, in line with market expectations. UK & Europe revenue rose 2% but US revenue powered ahead by 16% in constant currency and 14% reported. Demand for its key luxury brands, particularly products on its Registration of Interest lists, 'remains strong, outstripping supply in both the US and UK markets'. The improved second-half performance saw group revenue rising 12% in H2 after a rise of only 4% in H1 at constant currency. Again, it saw a powerful performance in the US in the second half with an increase of 19% compared to 11% in the first half. As previously outlined, in Q1 it had increased showroom stock levels of key brands to enhance displays and client experience, particularly in the US. The company added that post-year-end, 'following a temporary period of consumer uncertainty in response to the initial tariff announcement, we have seen a return to normalised trading patterns in April. [But] we are cognisant that the US tariff situation is currently unresolved, making it more difficult to predict future US trading patterns'. Back with the last financial year it also said it saw a 'positive improving trend in the UK, to +6% in H2' and 'we continue to be encouraged by the performance of our pre-owned businesses in the UK and US'. Meanwhile Roberto Coin Inc 'has performed strongly' and 'full-year adjusted EBIT [is] expected to be in line with market expectations'. CEO Brian Duffy said: 'In H2 FY25 we returned to growth in both the UK and US. In the US, we experienced strong momentum. In the UK, we were pleased to see the external environment stabilise in line with our expectations.' An H2 highlight was the opening of the new flagship Rolex boutique on Old Bond Street, London, 'in which we were able to bring our retailing excellence and operational strength to bear. Trading since launch has exceeded our expectations'. The company will launch its upgraded US Watches of Switzerland e-commerce website in the current Q1 of FY26 with further sites launching for Mayors and Betteridge during the year and 'this will provide a significantly enhanced client experience'. It said the 'US luxury jewellery market is the largest in the world and growing strongly. We will continue to build on the momentum we have seen in Roberto Coin Inc, with several exciting growth initiatives, including the launch of a major marketing campaign, secured locations for three monobrand boutiques and our e-commerce website upgrade'. Duffy added: 'As we look ahead, we remain confident in the strength of our business model, our strong pipeline of showroom openings and the resilience of the luxury watch category where demand for key brands continues to outstrip supply.'
Yahoo
04-04-2025
- Business
- Yahoo
Is There An Opportunity With Watches of Switzerland Group PLC's (LON:WOSG) 42% Undervaluation?
Using the 2 Stage Free Cash Flow to Equity, Watches of Switzerland Group fair value estimate is UK£6.28 Watches of Switzerland Group's UK£3.66 share price signals that it might be 42% undervalued Analyst price target for WOSG is UK£5.78 which is 8.0% below our fair value estimate Does the April share price for Watches of Switzerland Group PLC (LON:WOSG) reflect what it's really worth? Today, we will estimate the stock's intrinsic value by projecting its future cash flows and then discounting them to today's value. Our analysis will employ the Discounted Cash Flow (DCF) model. There's really not all that much to it, even though it might appear quite complex. We generally believe that a company's value is the present value of all of the cash it will generate in the future. However, a DCF is just one valuation metric among many, and it is not without flaws. If you want to learn more about discounted cash flow, the rationale behind this calculation can be read in detail in the Simply Wall St analysis model. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. We are going to use a two-stage DCF model, which, as the name states, takes into account two stages of growth. The first stage is generally a higher growth period which levels off heading towards the terminal value, captured in the second 'steady growth' period. To start off with, we need to estimate the next ten years of cash flows. Where possible we use analyst estimates, but when these aren't available we extrapolate the previous free cash flow (FCF) from the last estimate or reported value. We assume companies with shrinking free cash flow will slow their rate of shrinkage, and that companies with growing free cash flow will see their growth rate slow, over this period. We do this to reflect that growth tends to slow more in the early years than it does in later years. Generally we assume that a dollar today is more valuable than a dollar in the future, so we discount the value of these future cash flows to their estimated value in today's dollars: 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 Levered FCF (£, Millions) UK£58.8m UK£77.5m UK£116.4m UK£125.2m UK£132.8m UK£139.2m UK£145.0m UK£150.1m UK£154.9m UK£159.4m Growth Rate Estimate Source Analyst x3 Analyst x3 Analyst x4 Est @ 7.58% Est @ 5.99% Est @ 4.89% Est @ 4.11% Est @ 3.57% Est @ 3.19% Est @ 2.92% Present Value (£, Millions) Discounted @ 10% UK£53.3 UK£63.9 UK£87.1 UK£85.0 UK£81.8 UK£77.9 UK£73.6 UK£69.2 UK£64.8 UK£60.6 ("Est" = FCF growth rate estimated by Simply Wall St)Present Value of 10-year Cash Flow (PVCF) = UK£717m The second stage is also known as Terminal Value, this is the business's cash flow after the first stage. For a number of reasons a very conservative growth rate is used that cannot exceed that of a country's GDP growth. In this case we have used the 5-year average of the 10-year government bond yield (2.3%) to estimate future growth. In the same way as with the 10-year 'growth' period, we discount future cash flows to today's value, using a cost of equity of 10%. Terminal Value (TV)= FCF2034 × (1 + g) ÷ (r – g) = UK£159m× (1 + 2.3%) ÷ (10%– 2.3%) = UK£2.1b Present Value of Terminal Value (PVTV)= TV / (1 + r)10= UK£2.1b÷ ( 1 + 10%)10= UK£788m The total value is the sum of cash flows for the next ten years plus the discounted terminal value, which results in the Total Equity Value, which in this case is UK£1.5b. To get the intrinsic value per share, we divide this by the total number of shares outstanding. Relative to the current share price of UK£3.7, the company appears quite good value at a 42% discount to where the stock price trades currently. The assumptions in any calculation have a big impact on the valuation, so it is better to view this as a rough estimate, not precise down to the last cent. We would point out that the most important inputs to a discounted cash flow are the discount rate and of course the actual cash flows. If you don't agree with these result, have a go at the calculation yourself and play with the assumptions. The DCF also does not consider the possible cyclicality of an industry, or a company's future capital requirements, so it does not give a full picture of a company's potential performance. Given that we are looking at Watches of Switzerland Group as potential shareholders, the cost of equity is used as the discount rate, rather than the cost of capital (or weighted average cost of capital, WACC) which accounts for debt. In this calculation we've used 10%, which is based on a levered beta of 1.533. Beta is a measure of a stock's volatility, compared to the market as a whole. We get our beta from the industry average beta of globally comparable companies, with an imposed limit between 0.8 and 2.0, which is a reasonable range for a stable business. Check out our latest analysis for Watches of Switzerland Group Strength Debt is not viewed as a risk. Weakness Earnings declined over the past year. Opportunity Annual earnings are forecast to grow faster than the British market. Trading below our estimate of fair value by more than 20%. Threat Revenue is forecast to grow slower than 20% per year. Whilst important, the DCF calculation is only one of many factors that you need to assess for a company. The DCF model is not a perfect stock valuation tool. Rather it should be seen as a guide to "what assumptions need to be true for this stock to be under/overvalued?" For instance, if the terminal value growth rate is adjusted slightly, it can dramatically alter the overall result. What is the reason for the share price sitting below the intrinsic value? For Watches of Switzerland Group, there are three relevant factors you should explore: Risks: Consider for instance, the ever-present spectre of investment risk. We've identified 2 warning signs with Watches of Switzerland Group , and understanding them should be part of your investment process. Future Earnings: How does WOSG's growth rate compare to its peers and the wider market? Dig deeper into the analyst consensus number for the upcoming years by interacting with our free analyst growth expectation chart . Other High Quality Alternatives: Do you like a good all-rounder? Explore our interactive list of high quality stocks to get an idea of what else is out there you may be missing! PS. The Simply Wall St app conducts a discounted cash flow valuation for every stock on the LSE every day. If you want to find the calculation for other stocks just search here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
