Samsonite International SA (1910) AI Stock Analysis

• Market Cap: $22.16B
• Dividend Yield: 5.15%
• Average Volume (3M): 5.67M
• Price to Earnings (P/E): 9.6
• Beta (1Y): 0.40
• Revenue Growth: -5.61%
• EPS Growth: -29.93%
• Country: HK
• Employees: 12,100
• Sector: Consumer Cyclical
• Sector Strength: 75
• Industry: Apparel - Footwear & Accessories
• EPS (TTM): 0.40
• Shares Outstanding: 1,464,043,800
• 10 Day Avg. Volume: 7,129,758
• 30 Day Avg. Volume: 5,673,515
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 1.57
• Enterprise Value/Revenue: 9.67
• Enterprise Value/Gross Profit: 16.12
• Enterprise Value/Ebitda: 49.55
• 1Y Price Target: $16.78
• Price Target Upside: -3.49% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 5

• Rating: 74 Outperform
• Price Target: HK$18.50 ▲(6.38% Upside)

Samsonite International SA's stock score is driven by strong financial performance and attractive valuation. Technical indicators show a positive trend, though resistance remains. The earnings call highlighted both growth opportunities and challenges, particularly in sales and macroeconomic conditions.

Positive Factors

Dual-listing

Possible dual-listing in the US could enhance trading liquidity, valuation, and global investor access.

Growth and Innovation

Positioned for long-term growth with strong R&D, expansion into non-travel categories, and disciplined marketing investments.

Valuation

Samsonite's stabilizing fundamentals, self-help shareholder value enhancements and cheap valuation offer a good entry point.

Negative Factors

Consumer Demand

A 9% drop in sales in the US is expected due to weak consumer sentiment.

Tariffs

US tariffs weigh on outlook; downgrade to Hold with new HK$14.62 PT.

Trade Tensions

Revenue trending towards a mid-single-digit decline due to softer consumer sentiment and ongoing trade tensions.

Samsonite International SA Business Overview & Revenue Model

Company Description

Samsonite International S.A. engages in the design, manufacture, sourcing, and distribution of travel luggage bags in North America, Asia, Europe, and Latin America. It offers luggage, business, computer, outdoor, casual, and women's bags; and travel accessories and slim protective cases for personal electronic devices primarily under the Samsonite, Tumi, American Tourister, Speck, High Sierra, Gregory, Lipault, Kamiliant, Hartmann, and eBags brands, as well as other owned and licensed brand names. The company sells its products through various wholesale distribution channels, as well as through company operated retail stores and e-commerce. Samsonite International S.A. was founded in 1910 and is based in Luxembourg, Luxembourg.

How the Company Makes Money

Samsonite International SA generates revenue primarily through the sale of its luggage and travel-related products. The company's key revenue streams include direct sales through its extensive network of retail stores, e-commerce platforms, and wholesale distribution to department stores and specialty retailers. Additionally, Samsonite expands its market reach through partnerships and licensing agreements, allowing it to offer a broader range of products, including travel accessories and lifestyle goods. The company also focuses on innovation and brand development to maintain its competitive edge and attract a diverse customer base, contributing significantly to its earnings.

Samsonite International SA Financial Statement Overview

Summary

Samsonite International SA demonstrates strong financial performance with robust operational efficiency and cash flow management. Despite a revenue decline, profitability metrics such as EBIT and EBITDA margins remain strong. Moderate leverage on the balance sheet suggests the need for careful debt management.

Income Statement

Samsonite International SA has shown a strong recovery in its income statement. The gross profit margin improved to 59.9% in the latest year, indicating efficient cost management. However, the net profit margin decreased slightly to 9.6%, pointing to increased expenses or reduced revenue efficiency. The revenue growth rate was negative at -2.5% from 2023 to 2024, which is a concern. EBIT and EBITDA margins were healthy at 17.5% and 19.5% respectively, showing strong operational efficiency.

Balance Sheet

The company's balance sheet reflects moderate financial health. The debt-to-equity ratio stands at 1.57, indicating a reliance on debt financing. Return on equity improved to 23.4%, demonstrating effective use of equity to generate profits. The equity ratio of 29.1% shows that the company has a reasonable level of equity relative to its assets, but there is room for improvement.

Cash Flow

Cash flow analysis reveals a robust performance with a positive free cash flow growth rate of 8.7% from 2023 to 2024. The operating cash flow to net income ratio was strong at 1.63, suggesting effective cash generation relative to net income. The free cash flow to net income ratio stood at 1.33, indicating efficient conversion of net income into free cash flow.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	3.59B	3.68B	2.88B	2.02B	1.54B
Gross Profit	2.15B	2.18B	1.61B	1.10B	706.30M
EBITDA	700.00M	906.70M	647.50M	286.20M	-1.01B
Net Income	345.60M	417.00M	312.70M	23.50M	-1.29B
Balance Sheet
Total Assets	5.08B	5.11B	4.72B	4.85B	5.16B
Cash, Cash Equivalents and Short-Term Investments	676.30M	730.70M	635.90M	1.32B	1.50B
Total Debt	2.32B	2.30B	2.39B	3.22B	3.72B
Total Liabilities	3.53B	3.59B	3.64B	4.13B	4.49B
Stockholders Equity	1.48B	1.45B	1.03B	689.70M	634.10M
Cash Flow
Free Cash Flow	460.90M	424.10M	214.90M	361.20M	-140.30M
Operating Cash Flow	564.80M	534.20M	277.70M	387.10M	-114.20M
Investing Cash Flow	-111.50M	-110.10M	-62.80M	9.40M	-26.10M
Financing Cash Flow	-459.70M	-347.80M	-881.10M	-551.20M	1.16B

Samsonite International SA Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 17.39
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1910, the sentiment is Positive. The current price of 17.39 is above the 20-day moving average (MA) of 16.35, above the 50-day MA of 15.47, and above the 200-day MA of 17.24, indicating a bullish trend. The MACD of 0.33 indicates Negative momentum. The RSI at 69.86 is Neutral, neither overbought nor oversold. The STOCH value of 76.55 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1910.

Samsonite International SA Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2683	82 Outperform	HK$322.81M	5.02	23.19%	8.86%	21.82%	125.68%
1910	74 Outperform	$22.16B	9.62	20.26%	5.15%	-5.61%	-29.93%
Sector *	61 Neutral	$17.24B	11.48	-5.97%	3.08%	1.37%	-15.54%
DPNEF	―	$124.88M	7.63		5.02%	―	―
1731	72 Outperform	HK$952.00M	4.09	18.71%	8.05%	16.66%	99.90%
1023	62 Neutral	HK$500.61M	5.10	-1.08%	11.54%	-4.68%	-112.44%
1842	51 Neutral	HK$80.40M	―	-3.32%	―	5.42%	-511.11%

Samsonite International SA Corporate Events

Samsonite International SA Reports Strong Interim Results and Strategic Growth Focus

Samsonite International SA announced its interim results for the first half of 2025, highlighting the company’s strategic focus on growth and market expansion. The company is optimistic about its financial and operational performance in the upcoming quarters, driven by its multi-channel strategy, direct-to-consumer initiatives, and commitment to sustainability and innovative design. Samsonite aims to leverage its competitive advantages and strong brand positioning to navigate the evolving travel industry landscape and enhance shareholder value.

The most recent analyst rating on (HK:1910) stock is a Buy with a HK$22.89 price target. To see the full list of analyst forecasts on Samsonite International SA stock, see the HK:1910 Stock Forecast page.

Samsonite Announces New Leadership for Europe Region

Samsonite International SA has announced a change in its senior management, with Mr. Damien Mignot set to become President of the Europe region effective July 1, 2025. Mr. Mignot, who has been with the company since 2006, brings extensive experience and leadership skills to the role, having previously served as Vice President – General Manager of Tumi Europe. The current President, Mr. Fabio Rugarli, will be leaving the company to focus on personal interests. The board expresses confidence in Mr. Mignot’s ability to lead the Europe region to continued success, acknowledging Mr. Rugarli’s significant contributions over the years.

The most recent analyst rating on (HK:1910) stock is a Buy with a HK$22.89 price target. To see the full list of analyst forecasts on Samsonite International SA stock, see the HK:1910 Stock Forecast page.

Samsonite to Review Interim Financial Results in Upcoming Board Meeting

Samsonite International SA has announced that its board of directors will meet on August 13, 2025, to review and approve the interim financial results for the first half of the year ending June 30, 2025. This meeting is crucial for stakeholders as it will provide insights into the company’s financial performance and strategic direction for the remainder of the year.

The most recent analyst rating on (HK:1910) stock is a Buy with a HK$22.89 price target. To see the full list of analyst forecasts on Samsonite International SA stock, see the HK:1910 Stock Forecast page.

Samsonite Updates Final Cash Dividend for 2024

Samsonite International SA has announced an update regarding its cash dividend for the year ending December 31, 2024. The final ordinary dividend declared is USD 0.1085 per share, which will be paid in Hong Kong dollars at an exchange rate of USD 1 to HKD 7.815, resulting in HKD 0.8476 per share. The dividend is subject to a 15% Luxembourg withholding tax. The payment date is set for July 15, 2025, with a record date of June 11, 2025. This announcement reflects the company’s commitment to returning value to its shareholders.

The most recent analyst rating on (HK:1910) stock is a Buy with a HK$22.89 price target. To see the full list of analyst forecasts on Samsonite International SA stock, see the HK:1910 Stock Forecast page.

Samsonite Announces US$150 Million Cash Dividend for Shareholders

Samsonite International SA has announced a cash dividend of US$150 million, approximately US$0.1074 per share before tax, to be distributed to its shareholders. The dividend, approved at the annual general meeting, will be paid on July 15, 2025, with Luxembourg withholding tax applied. Shareholders in Hong Kong will receive the dividend in Hong Kong dollars, with specific exchange rates applied. This announcement reflects the company’s strong financial performance and commitment to returning value to its shareholders.

The most recent analyst rating on (HK:1910) stock is a Buy with a HK$22.89 price target. To see the full list of analyst forecasts on Samsonite International SA stock, see the HK:1910 Stock Forecast page.

Samsonite Announces New Incentive Grants to Retain and Motivate Key Employees

Samsonite International S.A. announced the grant of restricted share units (RSUs) and long-term incentive cash awards as part of its Share Award Scheme. These grants aim to retain key employees and incentivize future performance by aligning their interests with the company’s growth. The RSUs are granted to the CEO and other participants, while the cash awards are given to certain employees, with vesting conditions tied to performance targets over a three-year period. This initiative is designed to manage equity dilution while providing significant incentive opportunities.

The most recent analyst rating on (HK:1910) stock is a Buy with a HK$22.89 price target. To see the full list of analyst forecasts on Samsonite International SA stock, see the HK:1910 Stock Forecast page.

Samsonite Approves Key Resolutions at 2025 Annual General Meeting

Samsonite International SA held its Annual General Meeting on June 3, 2025, where all proposed resolutions were approved by shareholders. Key decisions included the adoption of financial statements, approval of a US$150 million dividend distribution, re-election of directors, and renewal of KPMG as the company’s auditor. These resolutions reflect the company’s ongoing commitment to shareholder value and governance, potentially strengthening its market position and stakeholder confidence.

The most recent analyst rating on (HK:1910) stock is a Buy with a HK$43.32 price target. To see the full list of analyst forecasts on Samsonite International SA stock, see the HK:1910 Stock Forecast page.

Samsonite International Announces Board Composition and Committee Roles

Samsonite International SA has announced the composition of its board of directors, highlighting the roles and functions of each member. The board includes a mix of executive, non-executive, and independent non-executive directors, with Kyle Francis Gendreau serving as the CEO and Timothy Charles Parker as the Chairman. The board has established three committees: Audit, Nomination, and Remuneration, each with designated members and chairpersons. This announcement underscores the company’s commitment to strong governance and structured leadership, potentially impacting its strategic direction and stakeholder confidence.

The most recent analyst rating on (HK:1910) stock is a Buy with a HK$43.32 price target. To see the full list of analyst forecasts on Samsonite International SA stock, see the HK:1910 Stock Forecast page.