Should you buy Samsonite stock? (August 2024)

Published first at https://www.3minutebreakdowns.com Samsonite stock analysis. Ticker: 1910.HK Samsonite is a leading luggage brand which is currently listed on the Hong Kong stock exchange. At the latest price, the company has a market valuation of 3.8 billion dollars. Account for cash and debt on the balance sheet and the enterprise value is 4.8 billion. Revenue over the last 12 months comes to 3.7 billion with 426 million of net income, 714 million of adjusted ebitda and 500 million of free cash flow. So Samsonite stock is valued at under 9 times earnings and under 10 times free cash flow. That valuation looks reasonable when you consider the company’s history. Over the past 10 years, Samsonite has averaged annual revenue growth of 11% despite a large disruption from the pandemic. Meanwhile, net income and free cash flow margins have steadily improved over time with net income margins now approaching 12%. #investing #stockstobuynow #stockstobuy #3mb