Compagnie Financière Richemont S.A. (CFR.SW)

Compagnie Financière Richemont S.A. (CFR.SW) — VMCI valuation read

Headline read on CFR.SW: VMCI of 55/100 versus a Consumer Cyclical sector median of 50. The 5-point above-median position is what makes Compagnie Financière Richemont S.A. a relative-value candidate in the mid-cap cohort, before any pillar-level review.

Form 4 filings on CFR.SW: zero in the trailing 30 days. The absence of insider transactions is itself a data point, just a low-information one. The thesis runs on financials and price action until that changes.

**Investor frame.** Three reads on CFR.SW: value (CFR.SW trades at 17.0x earnings, 6% below the Consumer Cyclical median of 18.0x), quality (ROIC of 15.0% sits 5.0pp above the Consumer Cyclical median (10.0%)), and risk (net debt to EBITDA of -2.2x leaves covenant headroom). The value read also implies an EV/EBITDA gap of +4.0x against the Consumer Cyclical 12.0x baseline.

CFR.SW fell 1.4% over the trailing 7 days, with a -15.3% read on a 30-day basis.