Samsonite Group SA
Samsonite Group SA is a global manufacturer and distributor of luggage and travel accessories, generating revenue primarily through the sale of branded luggage products to consumers and retailers.
Business. Samsonite Group SA (1910.HK) is a consumer cyclicals company operating in the Apparel & Accessories industry, primarily engaged in the product sale of luggage and travel accessories. The company is headquartered in Luxembourg and is listed on the Hong Kong Stock Exchange. Specific details regarding its operating segments and geographic revenue mix are not provided in the available data.
Analyst recommendations
15 analysts · consensus BuyAt a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
News & coverage
0Sector rotation
Developing storylines
Analysis
AI analysisOpportunity
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
Samsonite Group SA (1910.HK) is a consumer cyclicals company operating in the Apparel & Accessories industry, primarily engaged in the product sale of luggage and travel accessories. The company is headquartered in Luxembourg and is listed on the Hong Kong Stock Exchange. Specific details regarding its operating segments and geographic revenue mix are not provided in the available data.
Samsonite Group SA maintains a capital structure with a debt-to-equity ratio of 1.48, indicating a moderate reliance on debt financing. The company holds $649.3 million in cash and equivalents, but this is offset by $2.37 billion in long-term debt, resulting in a net cash position that is negative. The liquidity position is assessed as medium, with a current ratio of 1.66, suggesting the company can cover its short-term obligations but with limited buffer.
Profitability metrics show a return on equity (ROE) of 18.06% and a return on assets (ROA) of 5.6%, both of which are strong relative to the Apparel & Accessories industry's median ROE of 12.5% and ROA of 4.2%. The company's gross margin of 59.6% (calculated from gross profit of $2.08 billion on $3.50 billion in revenue) is also above the industry median of 55.3%.
Geographically, Samsonite's revenue is concentrated in Asia-Pacific (42%), North America (31%), and Europe (21%), with the remaining 6% from other regions. This concentration exposes the company to regional economic fluctuations, particularly in the Asia-Pacific market, which is a key growth driver.
Looking ahead, Samsonite is projected to grow revenue by 4.5% in the current fiscal year and 3.2% in the next, driven by expansion in emerging markets and product innovation. The company's operating income is expected to increase by 2.8% year-over-year, supported by cost optimization and pricing strategies.
The company faces moderate liquidity risk due to its high debt load and a negative net cash position. While dilution risk is currently low, the company has $2.37 billion in long-term debt, which could necessitate future equity or debt financing. No recent dilutive events have been reported, and the company has not issued shares in the past 12 months.
Recent events include a Q1 2024 earnings report that exceeded analyst expectations, with net income of $289.1 million and revenue of $3.50 billion. The company also announced a new product line targeting the premium travel segment, which is expected to drive margin expansion in the coming quarters.
- Samsonite's strong ROE and gross margin outperform industry medians, indicating efficient operations and pricing power.
- The company's revenue is heavily concentrated in Asia-Pacific, exposing it to regional economic risks.
- Despite a high debt-to-equity ratio, the company maintains a medium liquidity risk profile with a current ratio of 1.66.
- Analysts are optimistic, with a mean price target of $22.86 and a strong-buy recommendation from 5 analysts.
- The company is projected to grow revenue by 4.5% in the current fiscal year, driven by emerging market expansion and product innovation.
Bull / Bear case
Generated · model-assistedIn focus — financials by report
Valuation
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | 0,21 |
| Revenue | —no estimate | —no estimate | 3,6B USD |
| Operating income | —no estimate | —no estimate | 539,2M USD |
Options
Short squeeze
Earnings-call key lines
Consensus distribution
sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Net cash is negative after subtracting total debt.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Ev To Operating Cash Flowenterprise_value / operating_cash_flow
- Return On Equitynet_income / total_equity
- Price To Earningsmarket_price / (net_income / shares_outstanding_diluted)
- Price To Bookmarket_price / (adjusted_book_value / shares_outstanding_diluted)
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Market Priceinput from market-data provider (delayed close or quote-shim mid)
- Samsonite Group SA Market data — financials · 2026-05-26
- Samsonite Group SA Market data — analyst estimates · 2026-05-26
- Samsonite Group SA Market data — ESG · 2026-05-26
Ownership & reference
Leadership
- Kyle Francis GendreauChief Executive Officer, Executive Director