The Swatch Group AG (UHR.SW) stock analysis

In our weekly check, The Swatch Group AG is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 13 pass, warnings: 5, red flags: 7.

About The Swatch Group AG

The Swatch Group AG is a Consumer Cyclical company (Luxury Goods) based in Switzerland, listed on SIX as UHR.SW.

What our checks show for UHR.SW

Red flags

• The net margin fell by 10.4 points over 5 years, to 0%: the company keeps less of each sale as profit.
• Revenue fell 5.7% a year over the last 3 years.
• The net margin is only 0%: little room if costs rise.
• The dividend takes 6437% of profit: little cushion if profit falls.
• The stock has fallen as much as 79% from a peak. Would you have held through that?
• Thinly traded (about 88 thousand shares a day): buying and selling can move the price.
• Return on capital (ROCE) is only 1%.

Warning signs

• Analysts expect only about 4.8% a year of growth in revenue.
• Earnings per share fell 84.5% a year over the last 3 years.
• Net profit fell 84.5% a year over the last 3 years.
• Free cash flow is only 1.6% of revenue.
• The stock is still below its previous peak.

Strengths

• Debt is low: 0.02x equity.
• Operating profit covers interest 40.9 times over.
• The gross margin is 82.2% and has risen by 2.8 points: pricing power is holding.
• Operating cash flow is 169x net profit: the profit arrives as real cash.
• Analysts expect earnings per share to grow about 446% a year over the next years.
• Analysts expect the net margin to improve by 7 points from today's 0%.

Similar companies

SIG · KER.PA · TPR · LUXE · REAL · PNDORA.CO

Questions

What grade does The Swatch Group AG (UHR.SW) have?

In our weekly check, The Swatch Group AG is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 13 pass, warnings: 5, red flags: 7. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of UHR.SW stock?

This week's biggest flags for The Swatch Group AG: Margins falling, Weak revenue growth, Thin margins. In total 12 of 25 checks show a warning or a red flag.

What does The Swatch Group AG do?

The Swatch Group AG is a Consumer Cyclical company (Luxury Goods) based in Switzerland, listed on SIX as UHR.SW.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-24

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