Watches of Switzerland Group PLC is the UK's largest luxury watch retailer, noted for its extensive operations across the UK, US, and Europe. The group encompasses several prestigious brands, including The company (UK and US), Mappin & Webb (UK), Gol…
Analysis
Hope premium
Watches of Switzerland Group PLC is priced well ahead of what the underlying numbers justify, a pattern we describe as a hope premium.
On valuation, the picture is expensive. The owner-earnings multiple stands at 34.4×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 14% a year, against analyst forecasts of 10%. The price, in other words, assumes less than the experts do.
Growth is solid; the safety picture is stretched. The company scores 14/20 on our value-creation score: strong value creator. Analyst sentiment is cautious.
No flags apply to this company at this time: accounts, balance sheet, and cash quality all pass. A clean bill of health is meaningful, not just the absence of a warning. This analysis describes numbers; it is not investment advice.
360° rank · history
1007550250
Jan 202341
37
2023202420252026
All-time high
56
Jan 2025
All-time low
37
Jun 2026
Average rank
45
across all years
Detailed & Historical Ranks
Deep dive into 15 detailed ranks and 3 years of history.
Current202520242023
Price/Sales
20
26
21
16
Price/Earnings
18
53
47
27
Price/Book
34
40
26
10
Dividend Yield
1
1
1
1
Value (overall)
1
24
12
5
Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.