Swatch Group Valuation

Is 0QM4 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

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 0QM4 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 0QM4 (CHF31.5) is trading below our estimate of fair value (CHF32.37)

Significantly Below Fair Value: 0QM4 is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 0QM4?

Key metric: As 0QM4 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 0QM4. This is calculated by dividing 0QM4's market cap by their current earnings.
What is 0QM4's PE Ratio?
PE Ratio	15.9x
Earnings	CHF 519.00m
Market Cap	CHF 8.23b

0QM4 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	0.9x
Enterprise Value/EBITDA	6.4x
PEG Ratio	1.2x

Price to Earnings Ratio vs Peers

How does 0QM4's PE Ratio compare to its peers?

The above table shows the PE ratio for 0QM4 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	44.2x
BRBY Burberry Group	83.4x	38.3%	UK£3.2b
BTRW Barratt Redrow	52.3x	42.7%	UK£6.0b
BKG Berkeley Group Holdings	11.1x	-4.2%	UK£4.4b
GAW Games Workshop Group	29.9x	4.4%	UK£4.5b
0QM4 Swatch Group	15.9x	13.2%	CHF 8.2b

Price-To-Earnings vs Peers: 0QM4 is good value based on its Price-To-Earnings Ratio (15.9x) compared to the peer average (44.2x).

Price to Earnings Ratio vs Industry

How does 0QM4's PE Ratio compare vs other companies in the European Luxury Industry?

4 Companies	Price / Earnings	Estimated Growth	Market Cap

4 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: 0QM4 is expensive based on its Price-To-Earnings Ratio (15.9x) compared to the European Luxury industry average (14.2x).

Price to Earnings Ratio vs Fair Ratio

What is 0QM4'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.

0QM4 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	15.9x
Fair PE Ratio	21.7x

Price-To-Earnings vs Fair Ratio: 0QM4 is good value based on its Price-To-Earnings Ratio (15.9x) compared to the estimated Fair Price-To-Earnings Ratio (21.7x).

Analyst Price Targets

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

Analyst Forecast: Insufficient data to show price forecast.