1.43%
31.96%
41.32%
32.20%
37.33%
33.25%
150.78%
AI Spotlight on CFR
Company Description
Compagnie Financière Richemont SA engages in the luxury goods business in Europe, the Middle East, Africa, Asia, and the Americas.The company operates through Jewellery Maisons, Specialist Watchmakers, and Online Distributors segments.It designs, manufactures, and distributes jewelry products; and precision timepieces, watches, and writing instruments, as well as clothing, and leather goods and accessories.
The company offers its products under the Cartier, Van Cleef & Arpels, Buccellati, A.Lange & Söhne, Baume & Mercier, IWC Schaffhausen, Jaeger LeCoultre, Panerai, Piaget, Roger Dubuis, Vacheron Constantin, Watchfinder & Co., YOOX, NET-A-PORTER, MR PORTER, The Outnet, Alaïa, Chloé, Montblanc, Peter Millar, Purdey, Serapian, TIMEVALLEE, dunhill, Delvaux, and AZ Factory brands through own boutiques and online stores.Compagnie Financière Richemont SA was incorporated in 1979 and is headquartered in Bellevue, Switzerland.
Market Data
| Last Price | 177.15 |
| Change Percentage | 1.43% |
| Open | 173.8 |
| Previous Close | 174.65 |
| Market Cap ( Millions) | 103103 |
| Volume | 1175432 |
| Year High | 177.25 |
| Year Low | 112.8 |
| M A 50 | 140.16 |
| M A 200 | 134.35 |
Financial Ratios
| FCF Yield | 3.51% |
| Dividend Yield | 1.64% |
| ROE | 15.29% |
| Debt / Equity | 79.75% |
| Net Debt / EBIDTA | 103.10% |
| Price To Book | 5.34 |
| Price Earnings Ratio | 36.33 |
| Price To FCF | 28.51 |
| Price To sales | 5.29 |
| EV / EBITDA | 20.9 |
News
- Nov -11 - Richemont struggles continue as first half operating profits fall 17%
- Nov -08 - Cartier Owner Richemont’s Sales Fall as Luxury’s China Woes Linger
- Nov -08 - Heard on the Street: Luxury Customers Get Less Bag for Their Buck
- Nov -08 - Richemont remains cautious on raising jewellery prices despite high gold prices
- Nov -08 - Cartier owner Richemont cautious on hiking jewellery prices despite high gold prices
- Nov -08 - Richemont say US business in good position for growth
- Nov -08 - Richemont First Half Sales Decline 1% in Rocky Times for Luxury
- Nov -08 - Richemont First Half Sales Decline 1% in Rocky Times for Luxury
- Nov -08 - Richemont's profit miss, China caution spark luxury stocks drop
- Nov -08 - Cartier owner Richemont's profit miss, China caution hit luxury shares
- Nov -04 - Norqain takes on the NYC Marathon — and bigger Swiss watch rivals
- Oct -31 - Exclusive: Richemont will automate a part of its hiring process across brands like Cartier and Van Cleef & Arpels
- Oct -26 - Why America is the place to be for luxury watch brands
- Oct -17 - AZ Academy Unveils Finalists for First Business for Designers Program
- Oct -17 - Heard on the Street: Swiss Watches Wind Down in China
- Oct -16 - LVMH Results Cast Cloud on Luxury Stocks
- Oct -07 - Michael Kliger on What’s Ahead for YNAP Under Mytheresa Ownership and Why YNAP Floundered
- Oct -07 - Cartier Owner Richemont Is Selling Its E-Commerce Business
- Oct -07 - Richemont sells Yoox Net-A-Porter for $610M
- Oct -07 - Heard on the Street: Cartier’s Owner Pays For an Expensive Digital Detox
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Jewellery Maisons
Expected Growth : 5 %
What the company do ?
Jewellery Maisons from Compagnie Financière Richemont SA refers to luxury jewelry brands like Cartier, Van Cleef & Arpels, and Giampiero Bodino, offering high-end jewelry and timepieces.
Why we expect these perspectives ?
Richemont's Jewellery Maisons segment growth is driven by increasing demand for luxury goods, particularly in Asia, and the group's strategic expansion into e-commerce and omnichannel retailing. Strong brand recognition, innovative designs, and targeted marketing campaigns also contribute to the segment's growth.
Segment n°2 -> Specialist Watchmakers
Expected Growth : 7 %
What the company do ?
Specialist Watchmakers from Compagnie Financière Richemont SA refers to luxury watch brands like Cartier, IWC, Jaeger-LeCoultre, and Panerai, known for their high-quality timepieces.
Why we expect these perspectives ?
Richemont's Specialist Watchmakers segment growth is driven by increasing demand for luxury watches, particularly in Asia, and the group's strategic focus on e-commerce and omnichannel retailing. Additionally, the segment benefits from the strength of its iconic brands, such as Cartier and Vacheron Constantin, and their ability to innovate and launch new products.
Segment n°3 -> Other
Expected Growth : 4 %
What the company do ?
The 'Other' segment from Compagnie Financière Richemont SA includes non-luxury goods and other businesses not classified under Jewelry, Watchmaking, or Fashion.
Why we expect these perspectives ?
Compagnie Financière Richemont SA's 'Other' segment growth is driven by increasing demand for luxury goods, strategic brand acquisitions, and expansion into emerging markets. Additionally, the company's focus on digital transformation, omnichannel retailing, and targeted marketing initiatives contribute to its growth momentum.
Compagnie Financière Richemont Sa Products
| Product Range | What is it ? |
|---|---|
| Jewelry | High-end jewelry pieces, including necklaces, earrings, rings, and bracelets, crafted with precious stones and metals. |
| Watches | Luxury timepieces, including mechanical, quartz, and smartwatches, featuring intricate craftsmanship and innovative technology. |
| Leather Goods | High-quality leather handbags, wallets, belts, and accessories, crafted with premium materials and attention to detail. |
| Writing Instruments | Luxury pens, pencils, and other writing instruments, featuring innovative designs and premium materials. |
| Clothing and Accessories | High-end clothing, shoes, and accessories, including scarves, hats, and sunglasses, crafted with premium materials and attention to detail. |
Compagnie Financière Richemont SA's Porter Forces
Threat Of Substitutes
The threat of substitutes for Compagnie Financière Richemont SA is moderate due to the presence of alternative luxury goods and services. While the company's brands such as Cartier and Van Cleef & Arpels are well-established, there are other luxury brands that offer similar products.
Bargaining Power Of Customers
The bargaining power of customers for Compagnie Financière Richemont SA is low due to the luxury nature of its products. Customers are willing to pay premium prices for high-quality products, and the company's brands have a strong reputation and loyal customer base.
Bargaining Power Of Suppliers
The bargaining power of suppliers for Compagnie Financière Richemont SA is moderate due to the company's dependence on a few key suppliers for high-quality materials such as diamonds and gold. However, the company's strong relationships with suppliers and its ability to negotiate prices mitigate this risk.
Threat Of New Entrants
The threat of new entrants for Compagnie Financière Richemont SA is low due to the high barriers to entry in the luxury goods industry. The company's established brands, strong distribution network, and high-quality products make it difficult for new entrants to compete.
Intensity Of Rivalry
The intensity of rivalry for Compagnie Financière Richemont SA is high due to the competitive nature of the luxury goods industry. The company faces intense competition from other luxury brands, and the market is highly saturated.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 44.37% |
| Debt Cost | 3.95% |
| Equity Weight | 55.63% |
| Equity Cost | 10.06% |
| WACC | 7.35% |
| Leverage | 79.75% |
Compagnie Financière Richemont SA : Quality Control
Compagnie Financière Richemont SA passed 5 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| MC.PA | LVMH Moët Hennessy - Louis Vuitton, Société Européenne operates as a luxury goods company worldwide. The company offers champagnes, wines, and spirits under the Clos des Lambrays, Château d'Yquem, Dom … |
| CDI.PA | Christian Dior SE, through its subsidiaries, engages in the production, distribution, and retail of fashion and leather goods, wines and spirits, perfumes and cosmetics, and watches and jewelry worldwide. The … |
| RACE.MI | Ferrari N.V., through its subsidiaries, designs, engineers, produces, and sells luxury performance sports cars. The company offers sports, GT, and special series cars; limited edition hyper cars; one-off and track … |
| RMS.PA | Hermès International Société en commandite par actions engages in the production, wholesale, and retail of various goods. The company offers leather goods and saddlery, such as bags for men and … |
| KER.PA | Kering SA develops, designs, manufactures, markets, and sells apparel and accessories. The company offers shoes; leather goods, including handbags and wallets, purses, and other leather products; eyewear, textile accessories, etc.; … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Richemont
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1-Year Total Return ->
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Hermès
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1-Year Total Return ->
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Ferrari
A-Score
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4
Dior
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1-Year Total Return ->
5
LVMH
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1-Year Total Return ->
6
