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WOSG

Watches of Switzerland Group LSE:WOSG Stock Report

Last Price

UK£7.94

Market Cap

UK£1.9b

7D

4.5%

1Y

-4.2%

Updated

24 Jun, 2022

Data

Company Financials +
WOSG fundamental analysis
Snowflake Score
Valuation1/6
Future Growth4/6
Past Performance6/6
Financial Health6/6
Dividends0/6

WOSG Stock Overview

Watches of Switzerland Group PLC operates as a retailer of luxury watches.

Watches of Switzerland Group Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Watches of Switzerland Group
Historical stock prices
Current Share PriceUK£7.94
52 Week HighUK£16.00
52 Week LowUK£7.48
Beta1.83
1 Month Change-12.75%
3 Month Change-29.53%
1 Year Change-4.17%
3 Year Change188.55%
5 Year Changen/a
Change since IPO159.40%

Recent News & Updates

Jun 15
Calculating The Fair Value Of Watches of Switzerland Group plc (LON:WOSG)

Calculating The Fair Value Of Watches of Switzerland Group plc (LON:WOSG)

Does the June share price for Watches of Switzerland Group plc ( LON:WOSG ) reflect what it's really worth? Today, we...

May 28
Does Watches of Switzerland Group (LON:WOSG) Deserve A Spot On Your Watchlist?

Does Watches of Switzerland Group (LON:WOSG) Deserve A Spot On Your Watchlist?

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...

Shareholder Returns

WOSGGB Specialty RetailGB Market
7D4.5%4.2%2.3%
1Y-4.2%-25.6%-8.6%

Return vs Industry: WOSG exceeded the UK Specialty Retail industry which returned -26.3% over the past year.

Return vs Market: WOSG exceeded the UK Market which returned -10.4% over the past year.

Price Volatility

Is WOSG's price volatile compared to industry and market?
WOSG volatility
WOSG Average Weekly Movement7.3%
Specialty Retail Industry Average Movement6.5%
Market Average Movement5.5%
10% most volatile stocks in GB Market10.8%
10% least volatile stocks in GB Market2.8%

Stable Share Price: WOSG is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: WOSG's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20192,022Hugh Duffyhttps://www.thewosgroupplc.com

Watches of Switzerland Group PLC operates as a retailer of luxury watches. It offers luxury watches and jewelry; fashion and classic watches and jewelry; and gifts. The company operates 118 stores in the United Kingdom and 30 stores in the United States, as well as through six transactional websites under the Goldsmiths, Mappin & Webb, Watches of Switzerland, Mayors Jewelers, and Analog Shift brands.

Watches of Switzerland Group Fundamentals Summary

How do Watches of Switzerland Group's earnings and revenue compare to its market cap?
WOSG fundamental statistics
Market CapUK£1.91b
Earnings (TTM)UK£73.39m
Revenue (TTM)UK£1.08b

26.0x

P/E Ratio

1.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
WOSG income statement (TTM)
RevenueUK£1.08b
Cost of RevenueUK£922.40m
Gross ProfitUK£154.61m
Other ExpensesUK£81.22m
EarningsUK£73.39m

Last Reported Earnings

Oct 31, 2021

Next Earnings Date

Jul 07, 2022

Earnings per share (EPS)0.31
Gross Margin14.36%
Net Profit Margin6.81%
Debt/Equity Ratio38.4%

How did WOSG perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

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

Valuation Score

1/6

Valuation Score 1/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

WOSG 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/Revenue2x
Enterprise Value/EBITDA14.1x
PEG Ratio1.3x

Price to Earnings Ratio vs Peers

How does WOSG's PE Ratio compare to its peers?

WOSG PE Ratio vs Peers
The above table shows the PE ratio for WOSG vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average15.1x

Price-To-Earnings vs Peers: WOSG is expensive based on its Price-To-Earnings Ratio (26x) compared to the peer average (15.1x).


Price to Earnings Ratio vs Industry

How does WOSG's PE Ratio compare vs other companies in the U.K. Specialty Retail Industry?

Price-To-Earnings vs Industry: WOSG is expensive based on its Price-To-Earnings Ratio (26x) compared to the UK Specialty Retail industry average (8x)


Price to Earnings Ratio vs Fair Ratio

What is WOSG'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.

WOSG PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio26x
Fair PE Ratio21.4x

Price-To-Earnings vs Fair Ratio: WOSG is expensive based on its Price-To-Earnings Ratio (26x) compared to the estimated Fair Price-To-Earnings Ratio (21.4x).


Share Price vs Fair Value

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

Below Fair Value: WOSG (£7.94) is trading below our estimate of fair value (£7.94)

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


Price to Earnings Growth Ratio

PEG Ratio: WOSG is poor value based on its PEG Ratio (1.3x)


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Future Growth

How is Watches of Switzerland Group forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

Future Growth Score

4/6

Future Growth Score 4/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


19.9%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: WOSG's forecast earnings growth (19.9% per year) is above the savings rate (0.9%).

Earnings vs Market: WOSG's earnings (19.9% per year) are forecast to grow faster than the UK market (10.9% per year).

High Growth Earnings: WOSG's earnings are forecast to grow, but not significantly.

Revenue vs Market: WOSG's revenue (15.8% per year) is forecast to grow faster than the UK market (4.1% per year).

High Growth Revenue: WOSG's revenue (15.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: WOSG's Return on Equity is forecast to be high in 3 years time (24.1%)


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Past Performance

How has Watches of Switzerland Group performed over the past 5 years?

Past Performance Score

6/6

Past Performance Score 6/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


66.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: WOSG has high quality earnings.

Growing Profit Margin: WOSG's current net profit margins (6.8%) are higher than last year (4.7%).


Past Earnings Growth Analysis

Earnings Trend: WOSG has become profitable over the past 5 years, growing earnings by 66.9% per year.

Accelerating Growth: WOSG's earnings growth over the past year (94%) exceeds its 5-year average (66.9% per year).

Earnings vs Industry: WOSG earnings growth over the past year (94%) exceeded the Specialty Retail industry 46.2%.


Return on Equity

High ROE: WOSG's Return on Equity (23.8%) is considered high.


Discover strong past performing companies

Financial Health

How is Watches of Switzerland Group's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: WOSG's short term assets (£402.1M) exceed its short term liabilities (£233.3M).

Long Term Liabilities: WOSG's short term assets (£402.1M) exceed its long term liabilities (£385.5M).


Debt to Equity History and Analysis

Debt Level: WOSG has more cash than its total debt.

Reducing Debt: WOSG's debt to equity ratio has reduced from 462.8% to 38.4% over the past 5 years.

Debt Coverage: WOSG's debt is well covered by operating cash flow (131.5%).

Interest Coverage: WOSG's interest payments on its debt are well covered by EBIT (7.8x coverage).


Balance Sheet


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Dividend

What is Watches of Switzerland Group current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate WOSG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate WOSG's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if WOSG's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if WOSG's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as WOSG has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

0.4yrs

Average management tenure


CEO

Hugh Duffy (67 yo)

8.42yrs

Tenure

UK£1,221,337

Compensation

Mr. Hugh Brian Duffy serves as Chief Executive Officer at Watches Switzerland Group PLC since 2014 and has been its Director since May 7, 2019. He has served on several boards of across the fashion, retail...


CEO Compensation Analysis

Compensation vs Market: Hugh's total compensation ($USD1.50M) is about average for companies of similar size in the UK market ($USD2.07M).

Compensation vs Earnings: Hugh's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: WOSG's management team is not considered experienced ( 0.4 years average tenure), which suggests a new team.


Board Members

Experienced Board: WOSG's board of directors are considered experienced (3.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: WOSG insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Watches of Switzerland Group plc's employee growth, exchange listings and data sources


Key Information

  • Name: Watches of Switzerland Group plc
  • Ticker: WOSG
  • Exchange: LSE
  • Founded: 2019
  • Industry: Specialty Stores
  • Sector: Retail
  • Implied Market Cap: UK£1.908b
  • Shares outstanding: 240.46m
  • Website: https://www.thewosgroupplc.com

Number of Employees


Location

  • Watches of Switzerland Group plc
  • Aurum House
  • 2 Elland Road
  • Leicester
  • Leicestershire
  • LE3 1TT
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/24 00:00
End of Day Share Price2022/06/24 00:00
Earnings2021/10/31
Annual Earnings2021/05/02


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.