UHR SW

The Swatch Group Ltd

Consumer


Presented:02/06/2015
Price:CHF403.20
Cap:$22.96B
Current Price:CHF174.65
Cap:$9.37B

Presented

Date02/06/2015
PriceCHF403.20
Market Cap$22.96B
Ent Value$21.55B
P/E Ratio16.55x
Book ValueCHF188.05
Div Yield1.8%
Shares O/S54.32M
Ave Daily Vol320,000
Short IntN/A

Current

PriceCHF174.65
Market Cap$9.37B
The Swatch Group Ltd designs, manufactures, and sells finished watches, jewelry, and watch movements and components worldwide. The company’s Watches & Jewelry segment manufactures and sells watches and jewelry. Its Electronic Systems segment is involved in the design, production, and commercialization of electronic components primarily for watch making industry, as well as involved in sports timing activities. The company offers its watch and jewelry products under the Breguet, Harry Winston, Blancpain, Glashütte Original, Jaquet Droz, Léon Hatot, Omega, Longines, Rado, Union Glashütte, Tissot, Calvin Klein, Balmain, Certina, Mido, Hamilton, Swatch, and Flik Flak brand names. It markets its products through a distribution network or agents; network of Tourbillon name multi brand boutiques and monobrand stores; and its e-commerce sites. The Swatch Group Ltd is headquartered in Biel/Bienne, Switzerland.

Publicly traded companies mentioned herein: Apple Inc (AAPL), Fossil Group Inc (FOSL), Swatch Group AG (UHR VX)

Highlights

Shares of Swatch Group (which manufactures brands such as Tissot, Omega and Cie) have been a good short since 2013, when the stock peaked at ~600 CHF. The presenter said that he had recently covered some of his position, but he still likes the risk/ reward and thinks the bounce from the mid-350s up to 400 CHF over the past month has created a potentially attractive entry point.

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Idea Discussion

Commentor 1 - 2 weeks ago

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