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Watches of Switzerland Group

BATS-CHIXE:WOSGL
Snowflake Description

Reasonable growth potential with mediocre balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
WOSGL
BATS-CHIXE
£789M
Market Cap
  1. Home
  2. GB
  3. Retail
Company description

Watches of Switzerland Group PLC operates as a retailer of luxury watches. The last earnings update was 120 days ago. More info.


Add to Portfolio Compare Print
  • Watches of Switzerland Group has significant price volatility in the past 3 months.
WOSGL Share Price and Events
7 Day Returns
12.4%
BATS-CHIXE:WOSGL
-0.9%
GB Specialty Retail
0.1%
GB Market
1 Year Returns
-
BATS-CHIXE:WOSGL
-31.7%
GB Specialty Retail
-23.6%
GB Market
WOSGL Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Watches of Switzerland Group (WOSGL) 12.4% -35.5% -43.8% - - -
GB Specialty Retail -0.9% -29.3% -43.3% -31.7% -41.6% -47.1%
GB Market 0.1% -15.5% -27% -23.6% -24.3% -23.5%
1 Year Return vs Industry and Market
  • No trading data on WOSGL.
  • No trading data on WOSGL.
Price Volatility
Industry
5yr Volatility vs Market

Value

 Is Watches of Switzerland Group undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Watches of Switzerland Group to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Watches of Switzerland Group.

BATS-CHIXE:WOSGL Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 2 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 7.4%
Perpetual Growth Rate 10-Year GB Government Bond Rate 0.5%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BATS-CHIXE:WOSGL
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 0.5%
Equity Risk Premium S&P Global 6.1%
Specialty Retail Unlevered Beta Simply Wall St/ S&P Global 0.83
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.834 (1 + (1- 19%) (53.35%))
1.13
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.13
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.53% + (1.13 * 6.07%)
7.39%

Discounted Cash Flow Calculation for BATS-CHIXE:WOSGL using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Watches of Switzerland Group is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

BATS-CHIXE:WOSGL DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (GBP, Millions) Source Present Value
Discounted (@ 7.39%)
2020 -31.10 Analyst x1 -28.96
2021 54.20 Analyst x1 47.00
2022 16.60 Analyst x1 13.40
2023 87.80 Analyst x1 66.01
2024 107.48 Est @ 22.42% 75.25
2025 124.52 Est @ 15.85% 81.18
2026 138.54 Est @ 11.26% 84.10
2027 149.67 Est @ 8.04% 84.61
2028 158.33 Est @ 5.79% 83.35
2029 164.99 Est @ 4.21% 80.88
Present value of next 10 years cash flows £586.00
BATS-CHIXE:WOSGL DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= £164.99 × (1 + 0.53%) ÷ (7.39% – 0.53%)
£2,417.95
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= £2,417.95 ÷ (1 + 7.39%)10
£1,185.26
BATS-CHIXE:WOSGL Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= £586.00 + £1,185.26
£1,771.26
Equity Value per Share
(GBP)
= Total value / Shares Outstanding
= £1,771.26 / 239.45
£7.4
BATS-CHIXE:WOSGL Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in BATS-CHIXE:WOSGL represents 0.97254x of LSE:WOSG
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.97254x
Value per Share
(Listing Adjusted, GBP)
= Value per Share (GBP) x Listing Adjustment Factor
= £ 7.40 x 0.97254
£7.19
Value per share (GBP) From above. £7.19
Current discount Discount to share price of £2.13
= -1 x (£2.13 - £7.19) / £7.19
70.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Watches of Switzerland Group is available for.
Intrinsic value
>50%
Share price is £2.13 vs Future cash flow value of £7.19
Current Discount Checks
For Watches of Switzerland Group to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Watches of Switzerland Group's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Watches of Switzerland Group's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Watches of Switzerland Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Watches of Switzerland Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BATS-CHIXE:WOSGL PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-10-27) in GBP £-0.03
LSE:WOSG Share Price ** LSE (2020-04-07) in GBP £2.19
United Kingdom of Great Britain and Northern Ireland Specialty Retail Industry PE Ratio Median Figure of 23 Publicly-Listed Specialty Retail Companies 7.37x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 748 Publicly-Listed Companies 12.61x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Watches of Switzerland Group.

BATS-CHIXE:WOSGL PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= LSE:WOSG Share Price ÷ EPS (both in GBP)

= 2.19 ÷ -0.03

-71.46x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Watches of Switzerland Group is loss making, we can't compare its value to the GB Specialty Retail industry average.
  • Watches of Switzerland Group is loss making, we can't compare the value of its earnings to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Watches of Switzerland Group's expected growth come at a high price?
Raw Data
BATS-CHIXE:WOSGL PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -71.46x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
49.9%per year
United Kingdom of Great Britain and Northern Ireland Specialty Retail Industry PEG Ratio Median Figure of 15 Publicly-Listed Specialty Retail Companies 0.69x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 517 Publicly-Listed Companies 0.99x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Watches of Switzerland Group, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Watches of Switzerland Group's assets?
Raw Data
BATS-CHIXE:WOSGL PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-10-27) in GBP £0.78
LSE:WOSG Share Price * LSE (2020-04-07) in GBP £2.19
United Kingdom of Great Britain and Northern Ireland Specialty Retail Industry PB Ratio Median Figure of 36 Publicly-Listed Specialty Retail Companies 0.61x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,323 Publicly-Listed Companies 1.11x
BATS-CHIXE:WOSGL PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= LSE:WOSG Share Price ÷ Book Value per Share (both in GBP)

= 2.19 ÷ 0.78

2.8x

* Primary Listing of Watches of Switzerland Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Watches of Switzerland Group is overvalued based on assets compared to the GB Specialty Retail industry average.
X
Value checks
We assess Watches of Switzerland Group's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Specialty Retail industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Specialty Retail industry average (and greater than 0)? (1 check)
  5. Watches of Switzerland Group has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Watches of Switzerland Group expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
49.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Watches of Switzerland Group expected to grow at an attractive rate?
  • Watches of Switzerland Group's earnings growth is expected to exceed the low risk savings rate of 0.5%.
Growth vs Market Checks
  • Watches of Switzerland Group's earnings growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
  • Watches of Switzerland Group's revenue growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
Raw Data
BATS-CHIXE:WOSGL Future Growth Rates Data Sources
Data Point Source Value (per year)
BATS-CHIXE:WOSGL Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 49.9%
BATS-CHIXE:WOSGL Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 14%
United Kingdom of Great Britain and Northern Ireland Specialty Retail Industry Earnings Growth Rate Market Cap Weighted Average 15.7%
United Kingdom of Great Britain and Northern Ireland Specialty Retail Industry Revenue Growth Rate Market Cap Weighted Average 3.7%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 15.5%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 2.5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BATS-CHIXE:WOSGL Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in GBP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BATS-CHIXE:WOSGL Future Estimates Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-04-30 1,392 222 31 1
2022-04-30 1,164 136 28 2
2021-04-30 1,035 164 25 2
2020-04-30 901 54 8 2
2020-04-08
BATS-CHIXE:WOSGL Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2019-10-27 837 101 -3
2019-07-27 805 83 6
2019-04-28 774 64 14
2019-01-27 746 57 13
2018-04-29 631 47 0
2017-04-30 509 47 2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Watches of Switzerland Group's earnings are expected to grow significantly at over 20% yearly.
  • Watches of Switzerland Group's revenue is expected to grow by 14% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BATS-CHIXE:WOSGL Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Watches of Switzerland Group Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BATS-CHIXE:WOSGL Future Estimates Data
Date (Data in GBP Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-04-30
2022-04-30
2021-04-30
2020-04-30 0.20 0.20 0.20 1.00
2020-04-08
BATS-CHIXE:WOSGL Past Financials Data
Date (Data in GBP Millions) EPS *
2019-10-27 -0.03
2019-07-27 0.07
2019-04-28 0.21
2019-01-27 0.19
2018-04-29 0.00
2017-04-30 0.03

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Watches of Switzerland Group is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Watches of Switzerland Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Watches of Switzerland Group has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

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

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Watches of Switzerland Group's growth in the last year to its industry (Specialty Retail).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Watches of Switzerland Group does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Watches of Switzerland Group's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Watches of Switzerland Group's 1-year growth to the GB Specialty Retail industry average as it is not currently profitable.
Earnings and Revenue History
Watches of Switzerland Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Watches of Switzerland Group Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BATS-CHIXE:WOSGL Past Revenue, Cash Flow and Net Income Data
Date (Data in GBP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-10-27 836.80 -2.73 22.14
2019-07-27 805.16 5.58 20.78
2019-04-28 773.52 13.90 19.41
2019-01-27 746.01 12.72 80.15
2018-04-29 631.19 0.28 17.11
2017-04-30 509.38 2.09 62.88
2016-05-01 410.25 -14.56 49.85
2015-05-03 406.71 -12.44 20.44
2014-05-04 264.90 -0.49 5.78

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Watches of Switzerland Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • Watches of Switzerland Group used its assets less efficiently than the GB Specialty Retail industry average last year based on Return on Assets.
  • It is difficult to establish if Watches of Switzerland Group improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Watches of Switzerland Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Specialty Retail industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Watches of Switzerland Group has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Watches of Switzerland Group's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Watches of Switzerland Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Watches of Switzerland Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Watches of Switzerland Group's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Watches of Switzerland Group's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 2.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Watches of Switzerland Group Company Filings, last reported 5 months ago.

BATS-CHIXE:WOSGL Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2019-10-27 186.58 140.23 51.36
2019-07-27 186.58 140.23 51.36
2019-04-28 76.56 266.99 34.54
2019-01-27 78.45 268.64 38.42
2018-04-29 85.06 284.45 49.22
2017-04-30 51.05 221.39 28.40
2016-05-01 45.10 223.91 24.34
2015-05-03 52.29 101.18 7.57
2014-05-04 55.83 69.14 5.81
  • Watches of Switzerland Group's level of debt (75.2%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (156.6% vs 75.2% today).
  • Debt is well covered by operating cash flow (72%, greater than 20% of total debt).
  • Watches of Switzerland Group is making a loss, therefore interest payments are not well covered by earnings.
X
Financial health checks
We assess Watches of Switzerland Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Watches of Switzerland Group has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Watches of Switzerland Group dividends. Estimated to be 0% next year.
If you bought £2,000 of Watches of Switzerland Group shares you are expected to receive £0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Watches of Switzerland Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Watches of Switzerland Group's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BATS-CHIXE:WOSGL Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland Specialty Retail Industry Average Dividend Yield Market Cap Weighted Average of 22 Stocks 4.7%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 588 Stocks 5.6%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1.3%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2.6%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 7.1%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BATS-CHIXE:WOSGL Future Dividends Estimate Data
Date (Data in £) Dividend per Share (annual) Avg. No. Analysts
2023-04-30 0.00 1.00
2022-04-30 0.00 2.00
2021-04-30 0.00 2.00
2020-04-30 0.00 2.00
2020-04-08

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Watches of Switzerland Group has not reported any payouts.
  • Unable to verify if Watches of Switzerland Group's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Watches of Switzerland Group's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Watches of Switzerland Group has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Watches of Switzerland Group's dividends in 3 years as they are not expected to pay a notable one for United Kingdom of Great Britain and Northern Ireland.
X
Income/ dividend checks
We assess Watches of Switzerland Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Watches of Switzerland Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Watches of Switzerland Group has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Watches of Switzerland Group's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Hugh Duffy
AGE 65
TENURE AS CEO 6.3 years
CEO Bio

Mr. Hugh Brian Duffy serves as Chief Executive Officer at Watches Switzerland Group PLC since 2014 and serves as its Director since May 7, 2019. He has served on several boards of across the fashion, retail and sports sectors. He has been the Chief Executive Officer of The Watches of Switzerland Group Limited since 2014, and has previously served on the boards of Celtic PLC, and Sara Lee Corporation. He served President of Polo Europe and Chief Operating Officer of Polo Europe at Ralph Lauren Corp. He serves as the Director of The Watches of Switzerland Group Limited since May 07, 2019. Mr. Duffy is a Chartered Accountant and holds a DBA from Glasgow Caledonian University. He is an Honorary Professor at the Glasgow School for Business and Society.

CEO Compensation
  • Insufficient data for Hugh to compare compensation growth.
  • Insufficient data for Hugh to establish whether their remuneration is reasonable compared to companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure

Average tenure of the Watches of Switzerland Group management team in years:

6.3
Average Tenure
  • The average tenure for the Watches of Switzerland Group management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Hugh Duffy

TITLE
CEO & Director
AGE
65
TENURE
6.3 yrs

Lars Anders Romberg

TITLE
CFO & Director
AGE
56
TENURE
6.3 yrs

Paul Eardley

TITLE
Secretary
TENURE
0.9 yrs
Board of Directors Tenure

Average tenure and age of the Watches of Switzerland Group board of directors in years:

1.2
Average Tenure
56
Average Age
  • The average tenure for the Watches of Switzerland Group board of directors is less than 3 years, this suggests a new board.
Board of Directors

Dennis Millard

TITLE
Independent Non-Executive Chairman of the Board
AGE
70
TENURE
1.5 yrs

Hugh Duffy

TITLE
CEO & Director
AGE
65
TENURE
0.9 yrs

Lars Anders Romberg

TITLE
CFO & Director
AGE
56
TENURE
1.2 yrs

Tea Colaianni

TITLE
Senior Independent Non-Executive Director
AGE
51
TENURE
0.9 yrs

Robert Moorhead

TITLE
Independent Non-Executive Director
AGE
55
TENURE
2.3 yrs

Rosa Monckton

TITLE
Independent Non-Executive Director
AGE
66
TENURE
6.3 yrs

Fabrice Nottin

TITLE
Non-Executive Director
AGE
41
TENURE
1.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (£) Value (£)
X
Management checks
We assess Watches of Switzerland Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Watches of Switzerland Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Watches of Switzerland Group PLC operates as a retailer of luxury watches. It offers luxury watches and jewelry; fashion and classic watches and jewelry; gifts; aftercare services, such as repair, restoration, engraving, and alteration services; and services, such as jewelry cleaning, pre-owned watches valuation, trade and exchange, and others. The company operates 127 stores in the United Kingdom and 22 stores in the United States, as well as through 5 transactional Websites under the Watches of Switzerland, Mappin & Webb, Mayors, Goldsmiths, and Mayors brand names. The company was incorporated in 2019 and is headquartered in Leicester, the United Kingdom. Watches of Switzerland Group PLC operates as a subsidiary of Jewel Holdco S.à r.l.

Details
Name: Watches of Switzerland Group PLC
WOSGL
Exchange: BATS-CHIXE
Founded: 2019
£789,212,545
239,445,554
Website: http://www.thewosgroupplc.com
Address: Watches of Switzerland Group PLC
Aurum House,
2 Elland Road,
Leicester,
Leicestershire, LE3 1TT,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
LSE WOSG Ordinary Shares London Stock Exchange GB GBP 30. May 2019
DB 5WS Ordinary Shares Deutsche Boerse AG DE EUR 30. May 2019
BST 5WS Ordinary Shares Boerse-Stuttgart DE EUR 30. May 2019
BATS-CHIXE WOSGL Ordinary Shares BATS 'Chi-X Europe' GB GBP 30. May 2019
Number of employees
Current staff
Staff numbers
2,141
Watches of Switzerland Group employees.
Industry
Specialty Stores
Retail
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/08 01:06
End of day share price update: 2020/04/07 00:00
Last estimates confirmation: 2020/03/27
Last earnings filing: 2019/12/10
Last earnings reported: 2019/10/27
Last annual earnings reported: 2019/04/28


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.