View ValuationSwatch Group 향후 성장Future 기준 점검 3/6Swatch Group (는) 각각 연간 35.3% 및 3.7% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 34.4% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 3.2% 로 예상됩니다.핵심 정보35.3%이익 성장률34.36%EPS 성장률Luxury 이익 성장13.6%매출 성장률3.7%향후 자기자본이익률3.18%애널리스트 커버리지Good마지막 업데이트15 May 2026최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updatesUpcoming Dividend • May 08Upcoming dividend of CHF4.50 per shareEligible shareholders must have bought the stock before 15 May 2026. Payment date: 19 May 2026. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 2.1%. Lower than top quartile of British dividend payers (5.7%). In line with average of industry peers (2.2%).공시 • Apr 09The Swatch Group AG, Annual General Meeting, May 12, 2026The Swatch Group AG, Annual General Meeting, May 12, 2026, at 10:00 W. Europe Standard Time.Reported Earnings • Mar 19Full year 2025 earnings released: EPS: CHF0.058 (vs CHF3.73 in FY 2024)Full year 2025 results: EPS: CHF0.058 (down from CHF3.73 in FY 2024). Revenue: CHF6.28b (down 6.8% from FY 2024). Net income: CHF3.00m (down 98% from FY 2024). Profit margin: 0% (down from 2.9% in FY 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance.Reported Earnings • Feb 01Full year 2025 earnings released: EPS: CHF0.058 (vs CHF3.73 in FY 2024)Full year 2025 results: EPS: CHF0.058 (down from CHF3.73 in FY 2024). Revenue: CHF6.28b (down 6.8% from FY 2024). Net income: CHF3.00m (down 98% from FY 2024). Profit margin: 0% (down from 2.9% in FY 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 47 percentage points per year, which is a significant difference in performance.Declared Dividend • Feb 01Dividend of CHF4.50 announcedDividend of CHF4.50 is the same as last year. Ex-date: 15th May 2026 Payment date: 19th May 2026 Dividend yield will be 2.5%, which is lower than the industry average of 4.7%. Sustainability & Growth Dividend is not covered by earnings (dividend approximately 77x earnings) nor is it covered by cash flows (402% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 8,551% to bring the payout ratio under control. EPS is expected to grow by 326% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.공시 • Jan 31The Swatch Group AG announces Annual dividend, payable on May 19, 2026The Swatch Group AG announced Annual dividend of CHF 4.5000 per share payable on May 19, 2026, ex-date on May 15, 2026 and record date on May 18, 2026.Buy Or Sell Opportunity • Jul 30Now 20% undervaluedOver the last 90 days, the stock has risen 4.5% to CHF147. The fair value is estimated to be CHF185, however this is not to be taken as a buy recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 4.3% per annum. Earnings are also forecast to grow by 40% per annum over the same time period.Reported Earnings • Jul 19First half 2025 earnings releasedFirst half 2025 results: Revenue: CHF3.06b (down 11% from 1H 2024). Net income: CHF3.00m (down 98% from 1H 2024). Profit margin: 0.1% (down from 3.9% in 1H 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Luxury industry in Europe.Upcoming Dividend • May 16Upcoming dividend of CHF4.50 per shareEligible shareholders must have bought the stock before 23 May 2025. Payment date: 27 May 2025. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 3.0%. Lower than top quartile of British dividend payers (5.8%). Higher than average of industry peers (1.9%).공시 • Apr 16The Swatch Group AG, Annual General Meeting, May 21, 2025The Swatch Group AG, Annual General Meeting, May 21, 2025, at 10:00 W. Europe Standard Time.Valuation Update With 7 Day Price Move • Apr 04Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CHF131, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 14x in the Luxury industry in Europe. Total loss to shareholders of 44% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CHF136 per share.Reported Earnings • Mar 20Full year 2024 earnings released: EPS: CHF3.73 (vs CHF16.76 in FY 2023)Full year 2024 results: EPS: CHF3.73 (down from CHF16.76 in FY 2023). Revenue: CHF6.74b (down 15% from FY 2023). Net income: CHF193.0m (down 78% from FY 2023). Profit margin: 2.9% (down from 11% in FY 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.Declared Dividend • Feb 03Dividend reduced to CHF4.50Dividend of CHF4.50 is 31% lower than last year. Ex-date: 23rd May 2025 Payment date: 27th May 2025 Dividend yield will be 2.6%, which is lower than the industry average of 4.7%. Sustainability & Growth Dividend is not covered by earnings (121% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 34% to bring the payout ratio under control. EPS is expected to grow by 115% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.공시 • Feb 01+ 1 more updateThe Swatch Group AG to Report First Half, 2025 Results on Jul 31, 2025The Swatch Group AG announced that they will report first half, 2025 results on Jul 31, 2025Reported Earnings • Jan 31Full year 2024 earnings releasedFull year 2024 results: Revenue: CHF7.00b (down 11% from FY 2023). Net income: CHF193.0m (down 78% from FY 2023). Profit margin: 2.8% (down from 11% in FY 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Luxury industry in Europe.Buy Or Sell Opportunity • Nov 08Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 9.4% to CHF163. The fair value is estimated to be CHF213, however this is not to be taken as a buy recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 3.0% per annum. Earnings are also forecast to grow by 16% per annum over the same time period.Buy Or Sell Opportunity • Oct 16Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 5.4% to CHF170. The fair value is estimated to be CHF213, however this is not to be taken as a buy recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 3.0% per annum. Earnings are also forecast to grow by 16% per annum over the same time period.Valuation Update With 7 Day Price Move • Sep 27Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CHF180, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Luxury industry in Europe. Total loss to shareholders of 21% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CHF213 per share.Reported Earnings • Jul 17First half 2024 earnings releasedFirst half 2024 results: Revenue: CHF3.45b (down 14% from 1H 2023). Net income: CHF136.0m (down 72% from 1H 2023). Profit margin: 3.9% (down from 12% in 1H 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Luxury industry in Europe.New Risk • Jul 16New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 7.1% Last year net profit margin: 12% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (7.1% net profit margin).Upcoming Dividend • May 06Upcoming dividend of CHF6.50 per shareEligible shareholders must have bought the stock before 13 May 2024. Payment date: 15 May 2024. Payout ratio is a comfortable 39% but the company is not cash flow positive. Trailing yield: 3.3%. Lower than top quartile of British dividend payers (5.8%). Higher than average of industry peers (1.6%).Buy Or Sell Opportunity • Apr 06Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 4.3% to CHF208. The fair value is estimated to be CHF266, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.8% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 3.6% per annum. Earnings are also forecast to grow by 2.7% per annum over the same time period.Declared Dividend • Jan 25Dividend of CHF6.50 announcedShareholders will receive a dividend of CHF6.50. Ex-date: 13th May 2024 Payment date: 15th May 2024 Dividend yield will be 3.3%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is covered by earnings (39% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 18% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공시 • Jan 24The Swatch Group AG to Report First Half, 2024 Results on Jul 31, 2024The Swatch Group AG announced that they will report first half, 2024 results on Jul 31, 2024Reported Earnings • Jan 24Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: CHF2.00b (up 3.0% from 3Q 2022). Net income: CHF191.5m (down 23% from 3Q 2022). Profit margin: 9.6% (down from 13% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.3% p.a. on average during the next 4 years, compared to a 3.7% growth forecast for the Luxury industry in the United Kingdom.공시 • Jan 23The Swatch Group AG to Report Fiscal Year 2023 Results on Mar 21, 2024The Swatch Group AG announced that they will report fiscal year 2023 results on Mar 21, 2024공시 • Oct 24The Swatch Group AG, Annual General Meeting, May 08, 2024The Swatch Group AG, Annual General Meeting, May 08, 2024.Reported Earnings • Jul 14First half 2023 earnings releasedFirst half 2023 results: Revenue: CHF4.02b (up 11% from 1H 2022). Net income: CHF486.0m (up 56% from 1H 2022). Profit margin: 12% (up from 8.6% in 1H 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Luxury industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Jul 10Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 12%. The fair value is estimated to be CHF330, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.1% over the last 3 years. Earnings per share has grown by 46%. For the next 3 years, revenue is forecast to grow by 5.4% per annum. Earnings is also forecast to grow by 11% per annum over the same time period.Buying Opportunity • May 19Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 12%. The fair value is estimated to be CHF363, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.1% over the last 3 years. Earnings per share has grown by 46%. For the next 3 years, revenue is forecast to grow by 6.1% per annum. Earnings is also forecast to grow by 13% per annum over the same time period.Upcoming Dividend • May 05Upcoming dividend of CHF6.00 per share at 2.0% yieldEligible shareholders must have bought the stock before 12 May 2023. Payment date: 16 May 2023. Payout ratio is a comfortable 39% and the cash payout ratio is 84%. Trailing yield: 2.0%. Lower than top quartile of British dividend payers (5.8%). In line with average of industry peers (2.2%).Buying Opportunity • Apr 13Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 4.3%. The fair value is estimated to be CHF365, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.1% over the last 3 years. Earnings per share has grown by 46%. For the next 3 years, revenue is forecast to grow by 5.9% per annum. Earnings is also forecast to grow by 13% per annum over the same time period.Reported Earnings • Mar 20Full year 2022 earnings released: EPS: CHF15.57 (vs CHF14.78 in FY 2021)Full year 2022 results: EPS: CHF15.57 (up from CHF14.78 in FY 2021). Revenue: CHF7.50b (up 2.5% from FY 2021). Net income: CHF807.0m (up 5.5% from FY 2021). Profit margin: 11% (in line with FY 2021). Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Luxury industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jan 25Full year 2022 earnings released: EPS: CHF3.11 (vs CHF14.78 in FY 2021)Full year 2022 results: EPS: CHF3.11. Revenue: CHF7.74b (up 5.9% from FY 2021). Net income: CHF807.0m (up 5.5% from FY 2021). Profit margin: 10% (in line with FY 2021). Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Luxury industry in the United Kingdom.공시 • Jan 24+ 1 more updateThe Swatch Group AG to Report Fiscal Year 2022 Results on Mar 16, 2023The Swatch Group AG announced that they will report fiscal year 2022 results on Mar 16, 2023Buying Opportunity • Jan 14Now 20% undervaluedOver the last 90 days, the stock is up 31%. The fair value is estimated to be CHF371, however this is not to be taken as a buy recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 4.6% per annum. Earnings is also forecast to grow by 9.7% per annum over the same time period.Board Change • Nov 16No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Chairman of Tissot Board & Member of Executive Group Management Board Francois Thiebaud was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Buying Opportunity • Oct 28Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 11%. The fair value is estimated to be CHF283, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue is forecast to grow by 11% in 2 years. Earnings is forecast to grow by 20% in the next 2 years.Buying Opportunity • Sep 23Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 3.4%. The fair value is estimated to be CHF284, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue is forecast to grow by 11% in 2 years. Earnings is forecast to grow by 20% in the next 2 years.Buying Opportunity • Sep 01Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 9.6%. The fair value is estimated to be CHF290, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue is forecast to grow by 12% in 2 years. Earnings is forecast to grow by 20% in the next 2 years.Reported Earnings • Jul 15First half 2022 earnings releasedFirst half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down CHF267.0m from profit in 1H 2021). Profit margin: (down from 7.9% in 1H 2021). The decrease in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 5.3%, compared to a 10% growth forecast for the industry in the United Kingdom.Buying Opportunity • Jul 14Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 7.5%. The fair value is estimated to be CHF291, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.8% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 4.8% per annum. Earnings is also forecast to grow by 8.0% per annum over the same time period.Buying Opportunity • Jun 10Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 2.8%. The fair value is estimated to be CHF301, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.8% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 5.2% per annum. Earnings is also forecast to grow by 8.3% per annum over the same time period.Upcoming Dividend • May 20Upcoming dividend of CHF5.50 per shareEligible shareholders must have bought the stock before 27 May 2022. Payment date: 31 May 2022. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of British dividend payers (4.9%). Higher than average of industry peers (1.7%).Buying Opportunity • May 06Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 11%. The fair value is estimated to be CHF297, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.8% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 5.3% per annum. Earnings is also forecast to grow by 8.4% per annum over the same time period.Board Change • Apr 27No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Chairman of Tissot Board & Member of Executive Group Management Board Francois Thiebaud was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Buying Opportunity • Mar 08Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 17%. The fair value is estimated to be CHF294, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.8% per annum over the last 3 years. The company has become profitable over the last year.Valuation Update With 7 Day Price Move • Mar 07Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to CHF240, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 18x in the Luxury industry in Europe. Total loss to shareholders of 11% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CHF298 per share.Reported Earnings • Jan 26Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: CHF2.96 (up from CHF0.99 loss in FY 2020). Revenue: CHF7.59b (up 36% from FY 2020). Net income: CHF765.0m (up CHF816.0m from FY 2020). Profit margin: 10% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 4.1%, compared to a 12% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance.Valuation Update With 7 Day Price Move • Aug 03Investor sentiment deteriorated over the past weekAfter last week's 34% share price decline to CHF305, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 27x in the Luxury industry in Europe. Total loss to shareholders of 27% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CHF480 per share.Reported Earnings • Jul 16First half 2021 earnings released: EPS CHF5.15 (vs CHF5.87 loss in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: CHF3.39b (up 54% from 1H 2020). Net income: CHF267.0m (up CHF570.0m from 1H 2020). Profit margin: 7.9% (up from net loss in 1H 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.Upcoming Dividend • May 07Upcoming dividend of CHF3.50 per shareEligible shareholders must have bought the stock before 14 May 2021. Payment date: 18 May 2021. Trailing yield: 1.2%. Lower than top quartile of British dividend payers (4.1%). Higher than average of industry peers (1.0%).Reported Earnings • Mar 20Full year 2020 earnings released: CHF0.99 loss per share (vs CHF14.18 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: CHF5.60b (down 32% from FY 2019). Net loss: CHF51.0m (down 107% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Mar 01New 90-day high: CHF278The company is up 22% from its price of CHF228 on 01 December 2020. The British market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CHF227 per share.Reported Earnings • Jan 30Full year 2020 earnings releasedThe company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: CHF5.72b (down 31% from FY 2019). Net loss: CHF51.0m (down 107% from profit in FY 2019).Analyst Estimate Surprise Post Earnings • Jan 30Revenue misses expectationsRevenue missed analyst estimates by 4.4%. Over the next year, revenue is forecast to grow 25%, compared to a 15% growth forecast for the Luxury industry in the United Kingdom.Is New 90 Day High Low • Dec 08New 90-day high: CHF275The company is up 35% from its price of CHF204 on 09 September 2020. The British market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 21% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CHF335 per share.이익 및 매출 성장 예측LSE:0QJV - 애널리스트 향후 추정치 및 과거 재무 데이터 (CHF Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20286,9773872496601312/31/20276,7233675026751812/31/20266,4122595279711812/31/20256,280358507N/A9/30/20256,31532-9465N/A6/30/20256,34960-76423N/A3/31/20256,542127-145378N/A12/31/20246,735193-214333N/A9/30/20247,025356-236379N/A6/30/20247,314519-259424N/A3/31/20247,601694-214520N/A12/31/20237,888869-169615N/A9/30/20237,897926-28667N/A6/30/20237,906982113718N/A3/31/20237,703895226721N/A12/31/20227,499807339724N/A9/30/20227,516808533895N/A6/30/20227,5338097261,066N/A3/31/20227,4237878651,182N/A12/31/20217,3137651,0041,298N/A9/30/20217,0526421,0581,304N/A6/30/20216,7905191,1111,310N/A3/31/20216,1932348501,065N/A12/31/20205,595-51589819N/A9/30/20205,979-14556848N/A6/30/20206,36223523876N/A3/31/20207,3033776511,050N/A12/31/20198,2437307781,224N/A9/30/20198,265761N/A1,060N/A6/30/20198,287791N/A896N/A3/31/20198,381818N/A920N/A12/31/20188,475845N/A943N/A9/30/20188,506884N/A1,097N/A6/30/20188,536922N/A1,250N/A3/31/20188,263828N/A1,257N/A12/31/20177,989733N/A1,264N/A9/30/20177,773663N/A1,165N/A6/30/20177,556592N/A1,066N/A3/31/20177,555583N/A1,038N/A12/31/20167,553574N/A1,010N/A9/30/20167,764694N/A987N/A6/30/20167,975814N/A964N/A3/31/20168,213952N/A1,184N/A12/31/20158,4511,089N/A1,404N/A9/30/20158,6251,170N/A1,530N/A6/30/20158,7991,251N/A1,656N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 0QJV 의 연간 예상 수익 증가율(35.3%)이 saving rate(3.4%)보다 높습니다.수익 vs 시장: 0QJV 의 연간 수익(35.3%)이 UK 시장(11.5%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: 0QJV 의 수입은 향후 3년 동안 상당히 증가할 것으로 예상됩니다.수익 대 시장: 0QJV 의 수익(연간 3.7%)이 UK 시장(연간 4.5%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: 0QJV 의 수익(연간 3.7%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 0QJV의 자본 수익률은 3년 후 3.2%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YConsumer-durables 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/23 00:24종가2026/05/22 00:00수익2025/12/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스The Swatch Group AG는 35명의 분석가가 다루고 있습니다. 이 중 18명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Christian WeizBaader Helvea Equity ResearchMariano SzachtmanBanco SantanderCarole MadjoBarclays32명의 분석가 더 보기
Upcoming Dividend • May 08Upcoming dividend of CHF4.50 per shareEligible shareholders must have bought the stock before 15 May 2026. Payment date: 19 May 2026. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 2.1%. Lower than top quartile of British dividend payers (5.7%). In line with average of industry peers (2.2%).
공시 • Apr 09The Swatch Group AG, Annual General Meeting, May 12, 2026The Swatch Group AG, Annual General Meeting, May 12, 2026, at 10:00 W. Europe Standard Time.
Reported Earnings • Mar 19Full year 2025 earnings released: EPS: CHF0.058 (vs CHF3.73 in FY 2024)Full year 2025 results: EPS: CHF0.058 (down from CHF3.73 in FY 2024). Revenue: CHF6.28b (down 6.8% from FY 2024). Net income: CHF3.00m (down 98% from FY 2024). Profit margin: 0% (down from 2.9% in FY 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance.
Reported Earnings • Feb 01Full year 2025 earnings released: EPS: CHF0.058 (vs CHF3.73 in FY 2024)Full year 2025 results: EPS: CHF0.058 (down from CHF3.73 in FY 2024). Revenue: CHF6.28b (down 6.8% from FY 2024). Net income: CHF3.00m (down 98% from FY 2024). Profit margin: 0% (down from 2.9% in FY 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 47 percentage points per year, which is a significant difference in performance.
Declared Dividend • Feb 01Dividend of CHF4.50 announcedDividend of CHF4.50 is the same as last year. Ex-date: 15th May 2026 Payment date: 19th May 2026 Dividend yield will be 2.5%, which is lower than the industry average of 4.7%. Sustainability & Growth Dividend is not covered by earnings (dividend approximately 77x earnings) nor is it covered by cash flows (402% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 8,551% to bring the payout ratio under control. EPS is expected to grow by 326% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.
공시 • Jan 31The Swatch Group AG announces Annual dividend, payable on May 19, 2026The Swatch Group AG announced Annual dividend of CHF 4.5000 per share payable on May 19, 2026, ex-date on May 15, 2026 and record date on May 18, 2026.
Buy Or Sell Opportunity • Jul 30Now 20% undervaluedOver the last 90 days, the stock has risen 4.5% to CHF147. The fair value is estimated to be CHF185, however this is not to be taken as a buy recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 4.3% per annum. Earnings are also forecast to grow by 40% per annum over the same time period.
Reported Earnings • Jul 19First half 2025 earnings releasedFirst half 2025 results: Revenue: CHF3.06b (down 11% from 1H 2024). Net income: CHF3.00m (down 98% from 1H 2024). Profit margin: 0.1% (down from 3.9% in 1H 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Luxury industry in Europe.
Upcoming Dividend • May 16Upcoming dividend of CHF4.50 per shareEligible shareholders must have bought the stock before 23 May 2025. Payment date: 27 May 2025. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 3.0%. Lower than top quartile of British dividend payers (5.8%). Higher than average of industry peers (1.9%).
공시 • Apr 16The Swatch Group AG, Annual General Meeting, May 21, 2025The Swatch Group AG, Annual General Meeting, May 21, 2025, at 10:00 W. Europe Standard Time.
Valuation Update With 7 Day Price Move • Apr 04Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CHF131, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 14x in the Luxury industry in Europe. Total loss to shareholders of 44% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CHF136 per share.
Reported Earnings • Mar 20Full year 2024 earnings released: EPS: CHF3.73 (vs CHF16.76 in FY 2023)Full year 2024 results: EPS: CHF3.73 (down from CHF16.76 in FY 2023). Revenue: CHF6.74b (down 15% from FY 2023). Net income: CHF193.0m (down 78% from FY 2023). Profit margin: 2.9% (down from 11% in FY 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.
Declared Dividend • Feb 03Dividend reduced to CHF4.50Dividend of CHF4.50 is 31% lower than last year. Ex-date: 23rd May 2025 Payment date: 27th May 2025 Dividend yield will be 2.6%, which is lower than the industry average of 4.7%. Sustainability & Growth Dividend is not covered by earnings (121% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 34% to bring the payout ratio under control. EPS is expected to grow by 115% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.
공시 • Feb 01+ 1 more updateThe Swatch Group AG to Report First Half, 2025 Results on Jul 31, 2025The Swatch Group AG announced that they will report first half, 2025 results on Jul 31, 2025
Reported Earnings • Jan 31Full year 2024 earnings releasedFull year 2024 results: Revenue: CHF7.00b (down 11% from FY 2023). Net income: CHF193.0m (down 78% from FY 2023). Profit margin: 2.8% (down from 11% in FY 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Luxury industry in Europe.
Buy Or Sell Opportunity • Nov 08Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 9.4% to CHF163. The fair value is estimated to be CHF213, however this is not to be taken as a buy recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 3.0% per annum. Earnings are also forecast to grow by 16% per annum over the same time period.
Buy Or Sell Opportunity • Oct 16Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 5.4% to CHF170. The fair value is estimated to be CHF213, however this is not to be taken as a buy recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 3.0% per annum. Earnings are also forecast to grow by 16% per annum over the same time period.
Valuation Update With 7 Day Price Move • Sep 27Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CHF180, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Luxury industry in Europe. Total loss to shareholders of 21% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CHF213 per share.
Reported Earnings • Jul 17First half 2024 earnings releasedFirst half 2024 results: Revenue: CHF3.45b (down 14% from 1H 2023). Net income: CHF136.0m (down 72% from 1H 2023). Profit margin: 3.9% (down from 12% in 1H 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Luxury industry in Europe.
New Risk • Jul 16New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 7.1% Last year net profit margin: 12% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (7.1% net profit margin).
Upcoming Dividend • May 06Upcoming dividend of CHF6.50 per shareEligible shareholders must have bought the stock before 13 May 2024. Payment date: 15 May 2024. Payout ratio is a comfortable 39% but the company is not cash flow positive. Trailing yield: 3.3%. Lower than top quartile of British dividend payers (5.8%). Higher than average of industry peers (1.6%).
Buy Or Sell Opportunity • Apr 06Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 4.3% to CHF208. The fair value is estimated to be CHF266, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.8% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 3.6% per annum. Earnings are also forecast to grow by 2.7% per annum over the same time period.
Declared Dividend • Jan 25Dividend of CHF6.50 announcedShareholders will receive a dividend of CHF6.50. Ex-date: 13th May 2024 Payment date: 15th May 2024 Dividend yield will be 3.3%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is covered by earnings (39% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 18% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공시 • Jan 24The Swatch Group AG to Report First Half, 2024 Results on Jul 31, 2024The Swatch Group AG announced that they will report first half, 2024 results on Jul 31, 2024
Reported Earnings • Jan 24Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: CHF2.00b (up 3.0% from 3Q 2022). Net income: CHF191.5m (down 23% from 3Q 2022). Profit margin: 9.6% (down from 13% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.3% p.a. on average during the next 4 years, compared to a 3.7% growth forecast for the Luxury industry in the United Kingdom.
공시 • Jan 23The Swatch Group AG to Report Fiscal Year 2023 Results on Mar 21, 2024The Swatch Group AG announced that they will report fiscal year 2023 results on Mar 21, 2024
공시 • Oct 24The Swatch Group AG, Annual General Meeting, May 08, 2024The Swatch Group AG, Annual General Meeting, May 08, 2024.
Reported Earnings • Jul 14First half 2023 earnings releasedFirst half 2023 results: Revenue: CHF4.02b (up 11% from 1H 2022). Net income: CHF486.0m (up 56% from 1H 2022). Profit margin: 12% (up from 8.6% in 1H 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Luxury industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Jul 10Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 12%. The fair value is estimated to be CHF330, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.1% over the last 3 years. Earnings per share has grown by 46%. For the next 3 years, revenue is forecast to grow by 5.4% per annum. Earnings is also forecast to grow by 11% per annum over the same time period.
Buying Opportunity • May 19Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 12%. The fair value is estimated to be CHF363, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.1% over the last 3 years. Earnings per share has grown by 46%. For the next 3 years, revenue is forecast to grow by 6.1% per annum. Earnings is also forecast to grow by 13% per annum over the same time period.
Upcoming Dividend • May 05Upcoming dividend of CHF6.00 per share at 2.0% yieldEligible shareholders must have bought the stock before 12 May 2023. Payment date: 16 May 2023. Payout ratio is a comfortable 39% and the cash payout ratio is 84%. Trailing yield: 2.0%. Lower than top quartile of British dividend payers (5.8%). In line with average of industry peers (2.2%).
Buying Opportunity • Apr 13Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 4.3%. The fair value is estimated to be CHF365, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.1% over the last 3 years. Earnings per share has grown by 46%. For the next 3 years, revenue is forecast to grow by 5.9% per annum. Earnings is also forecast to grow by 13% per annum over the same time period.
Reported Earnings • Mar 20Full year 2022 earnings released: EPS: CHF15.57 (vs CHF14.78 in FY 2021)Full year 2022 results: EPS: CHF15.57 (up from CHF14.78 in FY 2021). Revenue: CHF7.50b (up 2.5% from FY 2021). Net income: CHF807.0m (up 5.5% from FY 2021). Profit margin: 11% (in line with FY 2021). Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Luxury industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jan 25Full year 2022 earnings released: EPS: CHF3.11 (vs CHF14.78 in FY 2021)Full year 2022 results: EPS: CHF3.11. Revenue: CHF7.74b (up 5.9% from FY 2021). Net income: CHF807.0m (up 5.5% from FY 2021). Profit margin: 10% (in line with FY 2021). Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Luxury industry in the United Kingdom.
공시 • Jan 24+ 1 more updateThe Swatch Group AG to Report Fiscal Year 2022 Results on Mar 16, 2023The Swatch Group AG announced that they will report fiscal year 2022 results on Mar 16, 2023
Buying Opportunity • Jan 14Now 20% undervaluedOver the last 90 days, the stock is up 31%. The fair value is estimated to be CHF371, however this is not to be taken as a buy recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 4.6% per annum. Earnings is also forecast to grow by 9.7% per annum over the same time period.
Board Change • Nov 16No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Chairman of Tissot Board & Member of Executive Group Management Board Francois Thiebaud was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Buying Opportunity • Oct 28Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 11%. The fair value is estimated to be CHF283, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue is forecast to grow by 11% in 2 years. Earnings is forecast to grow by 20% in the next 2 years.
Buying Opportunity • Sep 23Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 3.4%. The fair value is estimated to be CHF284, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue is forecast to grow by 11% in 2 years. Earnings is forecast to grow by 20% in the next 2 years.
Buying Opportunity • Sep 01Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 9.6%. The fair value is estimated to be CHF290, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue is forecast to grow by 12% in 2 years. Earnings is forecast to grow by 20% in the next 2 years.
Reported Earnings • Jul 15First half 2022 earnings releasedFirst half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down CHF267.0m from profit in 1H 2021). Profit margin: (down from 7.9% in 1H 2021). The decrease in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 5.3%, compared to a 10% growth forecast for the industry in the United Kingdom.
Buying Opportunity • Jul 14Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 7.5%. The fair value is estimated to be CHF291, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.8% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 4.8% per annum. Earnings is also forecast to grow by 8.0% per annum over the same time period.
Buying Opportunity • Jun 10Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 2.8%. The fair value is estimated to be CHF301, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.8% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 5.2% per annum. Earnings is also forecast to grow by 8.3% per annum over the same time period.
Upcoming Dividend • May 20Upcoming dividend of CHF5.50 per shareEligible shareholders must have bought the stock before 27 May 2022. Payment date: 31 May 2022. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of British dividend payers (4.9%). Higher than average of industry peers (1.7%).
Buying Opportunity • May 06Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 11%. The fair value is estimated to be CHF297, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.8% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 5.3% per annum. Earnings is also forecast to grow by 8.4% per annum over the same time period.
Board Change • Apr 27No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Chairman of Tissot Board & Member of Executive Group Management Board Francois Thiebaud was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Buying Opportunity • Mar 08Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 17%. The fair value is estimated to be CHF294, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.8% per annum over the last 3 years. The company has become profitable over the last year.
Valuation Update With 7 Day Price Move • Mar 07Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to CHF240, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 18x in the Luxury industry in Europe. Total loss to shareholders of 11% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CHF298 per share.
Reported Earnings • Jan 26Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: CHF2.96 (up from CHF0.99 loss in FY 2020). Revenue: CHF7.59b (up 36% from FY 2020). Net income: CHF765.0m (up CHF816.0m from FY 2020). Profit margin: 10% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 4.1%, compared to a 12% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance.
Valuation Update With 7 Day Price Move • Aug 03Investor sentiment deteriorated over the past weekAfter last week's 34% share price decline to CHF305, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 27x in the Luxury industry in Europe. Total loss to shareholders of 27% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CHF480 per share.
Reported Earnings • Jul 16First half 2021 earnings released: EPS CHF5.15 (vs CHF5.87 loss in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: CHF3.39b (up 54% from 1H 2020). Net income: CHF267.0m (up CHF570.0m from 1H 2020). Profit margin: 7.9% (up from net loss in 1H 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • May 07Upcoming dividend of CHF3.50 per shareEligible shareholders must have bought the stock before 14 May 2021. Payment date: 18 May 2021. Trailing yield: 1.2%. Lower than top quartile of British dividend payers (4.1%). Higher than average of industry peers (1.0%).
Reported Earnings • Mar 20Full year 2020 earnings released: CHF0.99 loss per share (vs CHF14.18 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: CHF5.60b (down 32% from FY 2019). Net loss: CHF51.0m (down 107% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Mar 01New 90-day high: CHF278The company is up 22% from its price of CHF228 on 01 December 2020. The British market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CHF227 per share.
Reported Earnings • Jan 30Full year 2020 earnings releasedThe company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: CHF5.72b (down 31% from FY 2019). Net loss: CHF51.0m (down 107% from profit in FY 2019).
Analyst Estimate Surprise Post Earnings • Jan 30Revenue misses expectationsRevenue missed analyst estimates by 4.4%. Over the next year, revenue is forecast to grow 25%, compared to a 15% growth forecast for the Luxury industry in the United Kingdom.
Is New 90 Day High Low • Dec 08New 90-day high: CHF275The company is up 35% from its price of CHF204 on 09 September 2020. The British market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 21% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CHF335 per share.