Compagnie Financière Richemont
Market Cap
CHF52.8b
Last Updated
2021/05/13 03:28 UTC
Data Sources
Company Financials +
Executive Summary
Compagnie Financière Richemont SA engages in the luxury goods business in Europe, Asia Pacific, the Americas, the Middle East, and Africa. More Details
Rewards
Risk Analysis
Snowflake Analysis
Reasonable growth potential with adequate balance sheet.
Similar Companies
Share Price & News
How has Compagnie Financière Richemont's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CFR is not significantly more volatile than the rest of Swiss stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: CFR's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
-1.4%
CFR
-1.2%
CH Luxury
-1.1%
CH Market
1 Year Return
78.5%
CFR
66.9%
CH Luxury
17.0%
CH Market
Return vs Industry: CFR exceeded the Swiss Luxury industry which returned 66.9% over the past year.
Return vs Market: CFR exceeded the Swiss Market which returned 17% over the past year.
Shareholder returns
| CFR | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.4% | -1.2% | -1.1% |
| 30 Day | -0.2% | 5.3% | -1.6% |
| 90 Day | 6.4% | 14.8% | 1.9% |
| 1 Year | 81.2%78.5% | 69.1%66.9% | 20.6%17.0% |
| 3 Year | 0.6%-5.7% | 57.6%50.1% | 28.6%13.9% |
| 5 Year | 70.1%51.7% | 192.2%167.2% | 59.8%30.4% |
Long-Term Price Volatility Vs. Market
How volatile is Compagnie Financière Richemont's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Compagnie Financière Richemont SA's (VTX:CFR) On An Uptrend But Financial Prospects Look Pretty Weak: Is The Stock Overpriced?1 month ago | Simply Wall St
Do Institutions Own Compagnie Financière Richemont SA (VTX:CFR) Shares?1 month ago | Simply Wall St
We Think Compagnie Financière Richemont (VTX:CFR) Can Stay On Top Of Its DebtValuation
Is Compagnie Financière Richemont undervalued compared to its fair value and its price relative to the market?
215.73x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: CFR (CHF93.42) is trading above our estimate of fair value (CHF72.57)
Significantly Below Fair Value: CFR is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CFR is poor value based on its PE Ratio (215.7x) compared to the European Luxury industry average (30.2x).
PE vs Market: CFR is poor value based on its PE Ratio (215.7x) compared to the Swiss market (24.2x).
Price to Earnings Growth Ratio
PEG Ratio: CFR is poor value based on its PEG Ratio (4.4x)
Price to Book Ratio
PB vs Industry: CFR is overvalued based on its PB Ratio (2.9x) compared to the XE Luxury industry average (1.7x).
Future Growth
How is Compagnie Financière Richemont forecast to perform in the next 1 to 3 years based on estimates from 22 analysts?
49.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CFR's forecast earnings growth (49.1% per year) is above the savings rate (-0.3%).
Earnings vs Market: CFR's earnings (49.1% per year) are forecast to grow faster than the Swiss market (12.8% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: CFR's revenue (8.7% per year) is forecast to grow faster than the Swiss market (4.5% per year).
High Growth Revenue: CFR's revenue (8.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CFR's Return on Equity is forecast to be low in 3 years time (9.3%).
Past Performance
How has Compagnie Financière Richemont performed over the past 5 years?
-4.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CFR has high quality earnings.
Growing Profit Margin: CFR's current net profit margins (1.8%) are lower than last year (9.6%).
Past Earnings Growth Analysis
Earnings Trend: CFR's earnings have declined by 4.1% per year over the past 5 years.
Accelerating Growth: CFR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CFR had negative earnings growth (-84%) over the past year, making it difficult to compare to the Luxury industry average (-28%).
Return on Equity
High ROE: CFR's Return on Equity (1.3%) is considered low.
Financial Health
How is Compagnie Financière Richemont's financial position?
Financial Position Analysis
Short Term Liabilities: CFR's short term assets (€19.5B) exceed its short term liabilities (€6.8B).
Long Term Liabilities: CFR's short term assets (€19.5B) exceed its long term liabilities (€9.4B).
Debt to Equity History and Analysis
Debt Level: CFR's debt to equity ratio (57.1%) is considered high.
Reducing Debt: CFR's debt to equity ratio has increased from 15.9% to 57.1% over the past 5 years.
Debt Coverage: CFR's debt is well covered by operating cash flow (25%).
Interest Coverage: CFR's interest payments on its debt are well covered by EBIT (7.7x coverage).
Balance Sheet
Dividend
What is Compagnie Financière Richemont current dividend yield, its reliability and sustainability?
1.05%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CFR's dividend (1.05%) isn’t notable compared to the bottom 25% of dividend payers in the Swiss market (1.56%).
High Dividend: CFR's dividend (1.05%) is low compared to the top 25% of dividend payers in the Swiss market (3.61%).
Stability and Growth of Payments
Stable Dividend: CFR's dividend payments have been volatile in the past 10 years.
Growing Dividend: CFR's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (239.3%), CFR's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CFR's dividends in 3 years are forecast to be covered by earnings (57.2% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.1yrs
Average management tenure
CEO
Jerome Lambert (51 yo)
2.58yrs
Tenure
€7,610,553
Compensation
Mr. Jerome Lambert has been the Chief Executive Officer of MontblancSimplo GmbH (also known as Montblanc-Simplo GmbH (formerly known as Montblanc International) GMBH) and Mont Blanc S.A.S. since July 1, 2...
CEO Compensation Analysis
Compensation vs Market: Jerome's total compensation ($USD9.26M) is above average for companies of similar size in the Swiss market ($USD5.80M).
Compensation vs Earnings: Jerome's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Leadership Team
Experienced Management: CFR's management team is considered experienced (4.1 years average tenure).
Board Members
Experienced Board: CFR's board of directors are considered experienced (6 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Compagnie Financière Richemont SA's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Compagnie Financière Richemont SA
- Ticker: CFR
- Exchange: SWX
- Founded: 1979
- Industry: Apparel, Accessories and Luxury Goods
- Sector: Consumer Durables
- Market Cap: CHF52.790b
- Shares outstanding: 565.08m
- Website: https://www.richemont.com
Number of Employees
Location
- Compagnie Financière Richemont SA
- 50, chemin de la Chênaie
- CP30
- Bellevue
- Geneva
- 1293
- Switzerland
Listings
Biography
Compagnie Financière Richemont SA engages in the luxury goods business in Europe, Asia Pacific, the Americas, the Middle East, and Africa. It operates through Jewellery Maisons, Specialist Watchmakers, and...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/05/13 03:28 |
| End of Day Share Price | 2021/05/12 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2020/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.