Samsonite International SA (1910) AI Stock Analysis

• Market Cap: $23.17B
• Dividend Yield: 4.9%
• Average Volume (3M): 4.08M
• Price to Earnings (P/E): 10.1
• Beta (1Y): 0.49
• Revenue Growth: -5.61%
• EPS Growth: -28.75%
• Country: HK
• Employees: 12,100
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Apparel - Footwear & Accessories
• EPS (TTM): 0.40
• Shares Outstanding: 1,464,043,800
• 10 Day Avg. Volume: 2,431,755
• 30 Day Avg. Volume: 4,075,397
• PEG Ratio: -1.06
• Price to Book (P/B): 2.75
• Price to Sales (P/S): 1.13
• P/FCF Ratio: 8.79
• Enterprise Value/Market Cap: 1.50
• Enterprise Value/Revenue: 9.95
• Enterprise Value/Gross Profit: 16.72
• Enterprise Value/Ebitda: 54.48
• 1Y Price Target: $19.97
• Price Target Upside: 14.90% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 9

• Rating: 62 Neutral
• Price Target: HK$17.50 ▲(0.69% Upside)

Samsonite International SA's overall stock score is driven by its stable financial performance and attractive valuation, despite challenges in revenue growth and cash generation. The mixed technical indicators and earnings call sentiment reflect current market uncertainties and consumer sentiment challenges. The company's strategic focus on long-term growth and operational efficiency provides a balanced outlook.

Positive Factors

Direct-to-Consumer Channel Growth

Growth in the DTC channel indicates a strong connection with consumers and reduces reliance on wholesale, enhancing long-term revenue stability.

Product Innovation

Continuous product innovation supports brand differentiation and can drive long-term growth by attracting new customers and retaining existing ones.

Operational Efficiency

Maintaining operational efficiency while expanding store count reflects strong management and supports sustainable margin profiles over time.

Negative Factors

Revenue Decline

A decline in revenue indicates challenges in demand and market conditions, potentially impacting long-term growth prospects if not addressed.

High Leverage

High leverage increases financial risk, limiting flexibility and potentially straining cash flow, which could impact long-term financial health.

Cash Flow Challenges

Declining cash flow growth limits the company's ability to invest in growth opportunities and manage debt, affecting long-term sustainability.

Samsonite International SA Business Overview & Revenue Model

Company Description

Samsonite International SA, founded in 1910, is a leading global manufacturer and retailer of luggage and travel accessories. The company operates in the travel goods sector, offering a wide range of products including hard-shell and soft-shell suitcases, backpacks, and travel-related accessories. With a strong brand presence, Samsonite caters to both leisure and business travelers, providing innovative designs and durable products that enhance the travel experience.

How the Company Makes Money

Samsonite generates revenue primarily through the sale of its luggage and travel accessories across multiple channels including retail stores, e-commerce platforms, and wholesale distribution. Key revenue streams come from its flagship brand, Samsonite, as well as its other brands such as American Tourister and Hartmann. The company benefits from strategic partnerships with various retailers and travel-related businesses, expanding its market reach. Additionally, seasonal promotions and product launches help to drive sales, while a focus on innovation and quality ensures customer loyalty and repeat purchases.

Samsonite International SA Financial Statement Overview

Summary

Samsonite International SA shows strong operational efficiency with healthy EBIT and EBITDA margins. However, the revenue growth rate is negative, and the balance sheet indicates moderate leverage with a high debt-to-equity ratio.

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	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	3.48B	3.59B	3.68B	2.88B	2.02B	1.54B
Gross Profit	2.07B	2.15B	2.18B	1.61B	1.10B	706.30M
EBITDA	635.80M	700.00M	906.70M	647.50M	286.20M	-1.01B
Net Income	299.50M	345.60M	417.00M	312.70M	14.30M	-1.28B
Balance Sheet
Total Assets	5.23B	5.08B	5.11B	4.72B	4.85B	5.16B
Cash, Cash Equivalents and Short-Term Investments	669.10M	676.30M	730.70M	635.90M	1.32B	1.50B
Total Debt	2.44B	2.32B	2.30B	2.39B	3.22B	3.72B
Total Liabilities	3.73B	3.53B	3.59B	3.64B	4.13B	4.49B
Stockholders Equity	1.43B	1.48B	1.45B	1.03B	689.70M	634.10M
Cash Flow
Free Cash Flow	403.10M	460.90M	424.10M	214.90M	361.20M	-140.30M
Operating Cash Flow	493.60M	564.80M	534.20M	277.70M	387.10M	-114.20M
Investing Cash Flow	-100.70M	-111.50M	-110.10M	-62.80M	9.40M	-26.10M
Financing Cash Flow	-554.20M	-459.70M	-347.80M	-881.10M	-551.20M	1.16B

Samsonite International SA Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 17.38
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

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 17.38 is above the 20-day moving average (MA) of 16.90, above the 50-day MA of 16.93, and above the 200-day MA of 16.82, indicating a bullish trend. The MACD of 0.03 indicates Negative momentum. The RSI at 58.57 is Neutral, neither overbought nor oversold. The STOCH value of 83.95 is Negative, 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	81 Outperform	HK$330.99M	5.15	23.19%	7.52%	21.82%	125.68%
1731	73 Outperform	HK$840.00M	4.30	14.86%	8.97%	6.92%	4.74%
0210	72 Outperform	HK$840.90M	6.77	15.44%	4.60%	―	―
1910	62 Neutral	$23.17B	10.09	20.26%	4.90%	-5.61%	-28.75%
1023	62 Neutral	HK$481.35M	5.10	-10.55%	12.12%	-1.38%	-275.02%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
1842	45 Neutral	HK$66.00M	―	-5.68%	―	6.38%	-275.00%

Samsonite International SA Corporate Events

Samsonite to Review Quarterly Financials in Upcoming Board Meeting

Samsonite International SA has announced that its Board of Directors will meet on November 12, 2025, to review and approve the company’s quarterly financial results for the periods ending September 30, 2025. This meeting is significant as it will provide insights into the company’s financial health and operational performance, potentially impacting its market positioning and stakeholder confidence.

The most recent analyst rating on (HK:1910) stock is a Hold with a HK$18.50 price target. To see the full list of analyst forecasts on Samsonite International SA stock, see the HK:1910 Stock Forecast page.

Samsonite OTC Earnings Call: Mixed Sentiment Amid Challenges

The latest earnings call from Samsonite International OTC presented a mixed sentiment, reflecting both achievements and challenges. While the company showcased resilience with strong pre-pandemic performance, growth in direct-to-consumer (DTC) channels, and operational efficiencies, it also faced significant hurdles such as declining net sales, regional struggles, and a downturn in wholesale channels. Despite these challenges, the company expressed confidence in its long-term growth strategy, although macroeconomic uncertainties and consumer sentiment remain concerns.

Samsonite Reports First Half 2025 Financial Results

Samsonite International OTC, a leading global luggage and travel accessories company, has reported its interim financial results for the first half of 2025, reflecting challenges in the macroeconomic environment. The company’s net sales for the first half of 2025 were $1,661.7 million, a decrease of 6% compared to the same period in 2024, primarily due to cautious purchasing by wholesale customers and reduced consumer demand. Gross profit margin slightly declined to 59.2%, and adjusted EBITDA fell by 19.4% to $268.7 million. Despite these challenges, Samsonite continued to invest in its direct-to-consumer (DTC) channel, which now contributes 39.6% of net sales, and expanded its retail presence with 21 new stores in the first half of the year. Looking forward, Samsonite remains focused on leveraging its diversified brand portfolio and expanding its non-travel product category to drive long-term growth, while navigating the current economic uncertainties.

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.