Samsonite International S.A.

DB:1SO Stock Report

Market Cap: €3.5b

Samsonite International Valuation

Is 1SO undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

6/6

Valuation Score 6/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 1SO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 1SO (€2.48) is trading below our estimate of fair value (€6.05)

Significantly Below Fair Value: 1SO is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 1SO?

Key metric: As 1SO is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 1SO. This is calculated by dividing 1SO's market cap by their current earnings.
What is 1SO's PE Ratio?
PE Ratio9.4x
EarningsUS$398.00m
Market CapUS$3.73b

Price to Earnings Ratio vs Peers

How does 1SO's PE Ratio compare to its peers?

The above table shows the PE ratio for 1SO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average37.9x
BOSS Hugo Boss
11.6x13.1%€2.5b
BIJ Bijou Brigitte modische Accessoires
11.1xn/a€268.3m
ADS adidas
103.3x38.1%€39.4b
PUM PUMA
25.6x18.6%€6.6b
1SO Samsonite International
9.4x3.8%€29.0b

Price-To-Earnings vs Peers: 1SO is good value based on its Price-To-Earnings Ratio (9.4x) compared to the peer average (37.9x).


Price to Earnings Ratio vs Industry

How does 1SO's PE Ratio compare vs other companies in the European Luxury Industry?

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
1SO 9.4xIndustry Avg. 14.4xNo. of Companies6PE0816243240+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 1SO is good value based on its Price-To-Earnings Ratio (9.4x) compared to the European Luxury industry average (13.8x).


Price to Earnings Ratio vs Fair Ratio

What is 1SO's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

1SO PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio9.4x
Fair PE Ratio14.9x

Price-To-Earnings vs Fair Ratio: 1SO is good value based on its Price-To-Earnings Ratio (9.4x) compared to the estimated Fair Price-To-Earnings Ratio (14.9x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 1SO forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€2.48
€3.14
+26.4%
10.2%€3.68€2.38n/a15
Nov ’25€2.05
€3.35
+63.4%
14.9%€4.39€2.33n/a15
Oct ’25€2.40
€3.35
+39.5%
13.6%€4.26€2.26n/a14
Sep ’25€2.24
€3.38
+50.8%
12.3%€4.27€2.53n/a14
Aug ’25€2.62
€4.09
+55.9%
12.1%€5.12€3.19n/a15
Jul ’25€2.72
€4.31
+58.8%
11.7%€5.25€3.23n/a15
Jun ’25€2.87
€4.27
+49.1%
11.9%€5.18€3.19n/a15
May ’25€3.24
€4.46
+37.5%
11.5%€5.41€3.25n/a15
Apr ’25€3.42
€4.37
+28.0%
11.4%€5.31€3.18n/a15
Mar ’25€3.30
€4.09
+23.9%
12.4%€5.30€3.18n/a16
Feb ’25€2.68
€4.08
+52.5%
12.5%€5.31€3.19n/a16
Jan ’25€2.92
€4.06
+39.2%
12.9%€5.40€3.13n/a16
Dec ’24€2.68
€4.12
+53.4%
13.0%€5.48€3.18n/a16
Nov ’24€2.86
€4.18
+46.4%
10.4%€5.32€3.26€2.0516
Oct ’24€3.20
€4.13
+29.0%
10.7%€5.28€3.24€2.4016
Sep ’24€3.01
€4.01
+33.3%
10.9%€5.14€3.16€2.2415
Aug ’24€2.62
€3.76
+43.3%
10.8%€4.79€3.02€2.6215
Jul ’24€2.54
€3.71
+45.7%
11.7%€4.80€3.04€2.7214
Jun ’24€2.30
€3.81
+66.0%
11.9%€4.90€3.10€2.8714
May ’24€2.83
€3.52
+24.2%
10.5%€4.30€3.02€3.2413
Apr ’24€2.86
€3.51
+22.8%
11.0%€4.34€3.05€3.4213
Mar ’24€2.63
€3.21
+22.0%
15.0%€4.37€2.10€3.3014
Feb ’24€2.62
€3.13
+19.5%
14.9%€4.29€2.06€2.6814
Jan ’24€2.42
€3.11
+28.2%
16.1%€4.45€2.11€2.9214
Dec ’23€2.52
€3.15
+24.9%
16.3%€4.52€2.15€2.6814
Nov ’23€2.20
€3.10
+40.7%
14.0%€4.22€2.25€2.8612

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.


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