Compagnie Financière Richemont SA (CFR) fair value: what the stock is really worth
As of Nov 5, 2026: fair value (intrinsic value) of Compagnie Financière Richemont SA stock CHF 128, price CHF 171, that is 25.3% below the price, quality 70 out of 100. Rating: overvalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 3, 2026.
How to read this chart
60‑month range CHF 80.42 – CHF 195.72 · fair‑value band CHF 92.92 – CHF 159.93 · the CHF 171.30 price screens above the CHF 127.94 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 3, 2026.
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Compagnie Financière Richemont SA, an investment holding company, engages in the luxury goods business. The company operates through Jewellery Maisons, Specialist Watchmakers, and Other segments.
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It is involved in the design, manufacture, and distribution of jewelry products, precision timepieces, watches, writing instruments, clothing, and leather goods and accessories.
The company provides its products under the Cartier, Van Cleef & Arpels, Vhernier, Buccellati, A. Lange & Söhne, Baume & Mercier, IWC Schaffhausen, Jaeger-LeCoultre, Panerai, Piaget, Roger Dubuis, Vacheron Constantin, Alaïa, Chloé, Delvaux, dunhill, G/FORE, Gianvito Rossi, Montblanc, Peter Millar, Purdey, Serapian, Watchfinder&Co., TIMEVALLEE, and brand names through retail online retail, and wholesale distribution channels.
It offers its products in France, the United Kingdom, Italy, Switzerland, rest of Europe, the United Arab Emirates, rest of the Middle East, Africa, China, Hong Kong, Macau, Japan, South Korea, rest of Asia, the United States, and rest of the Americas.
The company was incorporated in 1979 and is headquartered in Bellevue, Switzerland.
Stock analysis
Compagnie Financière Richemont SA (CFR) currently trades at CHF 171.30, while our model-based Fair Value estimate is CHF 127.94, 25% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of CHF 138.26 per share, and 0 of the 26 models we run sit above the CHF 171.30 price.
Bear case: the Asset-Based group reads lowest at CHF 17.91, and 26 of the 26 models stay below the price. Data coverage for this calculation is high.
Scenario range: CHF 92.92 (bear) to CHF 159.93 (bull), the price of CHF 171.30 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 70/100 (solid quality), in the Consumer Cyclical sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Compagnie Financière Richemont SA reported revenue of €22.4B in FY2026 versus €19.2B in FY2022, a compound +4.0%/yr. Reported net income was €3.5B in FY2026, compounding +13.8%/yr from FY2022.
Key figures
Market cap CHF 101B Large · P/E ratio 31.7 · P/S ratio 4.92 · EPS (TTM) CHF 5.41 · Dividend yield 2.5% · Net margin 15.5% · Return on equity 15.0% · Return on assets (EBIT) 10.7%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 76 out of 100 (medium confidence).
What moves the price
The share trades about 12% below its 52-week high and 35% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Consumer Cyclical peers we cover trades at 22% fair-value upside, at −25%, CFR screens richer than that median.
Fair Value models
BearCHF 92.92Fair Value CHF 127.94BullCHF 159.93
Price CHF 171.30 · Downside -25.3%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2026 figures (about 7 months old). Earnings retained since then (CHF 0.6871 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.94/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+4.8%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+4.0%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+11.3%
Start year 2021 (pandemic). Over 10 years: +7.3% a year
Revenue growth 24 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+7.6%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Basis: EBIT basis.
+25.8%
Earnings growth per share plus dividend.
Earnings per share, growth per year+23.3%
Dividend (yield on the price)2.5%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.20.8% vs 9.6%, picking up
Profit margin 2021 to 2026 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.11% → 20%
Pace: the 5-year rate starts in 2021 (pandemic)
Growth Forecast
A lot of optimism in the price
The price assumes about as much growth as the company has delivered so far and more than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+13.0%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+7.9%
Yearly sales growth analysts expect, extended to five years.
After inflation (figures in EUR, euro area: IMF forecast 2.2% a year to 2030, 2.6% from 2016 to 2025) that is about +10.6% a year for the price and +5.6% for the forecasts.
AI conclusion: Richemont draws strength from pricing power and organization capital within its luxury brands yet shows limited innovation signals alongside macro-sensitive demand.
Main risk: Laopu Gold could capture more Chinese consumers seeking domestic gold jewelry with cultural resonance, reducing sales for Richemont's jewelry maisons in its largest geographic exposure.
Bull case: Richemont could leverage its strong jewelry maisons and direct retail control to retain high-net-worth clients seeking heritage pieces while expanding in resilient markets outside China.
Bear case: Chinese rivals and lab-grown alternatives could gain further traction while soft luxury drains resources, which might slow Richemont's jewelry growth and weaken its portfolio balance over time.
Richemont is weighing a role in a consortium bidding for De Beers. The move could tighten control over diamond supply while natural stones face headwinds from synthetics and softer markets. Yet it also layers mining exposure onto a business built on iconic brands and direct client reach. Does upstream integration build lasting resilience or shift attention from design and marketing strengths?
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Luxury Goods · 121 stocks
Beats the industry median on 5/15 measures
Overall it trails its industry peers.
Valuation
Quality Score70 · Top 25%
Fair Value upside−25.3% · Below median
Profitability
Return on equity (12 months)15.0% · Above median
Return on assets8.1% · Above median
Net margin (12 months)15.5% · Top 25%
Operating margin (12 months)19.4% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)4.2% · Below median
Dividend yield (12 months)2.5% · Below median
Balance sheet
Debt / equity0.19× · Highest 25%
Valuation Multiplesvs Luxury Goods median · lower = cheaper
P/E (12 months)31.7× · Pricier than median
P/B4.56× · Priciest 25%
P/S (12 months)4.92× · Priciest 25%
Price / free cash flow28.2× · Pricier than median
EV/EBITDA19.8× · Priciest 25%
PEG1.77× · Pricier than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 17
FUTURE (revenue growth)21· sector 53
PAST (return on equity)60· sector 57
HEALTH (low debt)91· sector 99
DIVIDEND (yield)50· sector 56
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Compagnie Financière Richemont SA Fair Value". https://www.fairvalue-calculator.com/stock/CFR.SW
Frequently asked questions
Is Compagnie Financière Richemont SA (CFR) overvalued or undervalued?
As of Nov 3, 2026, our model estimates a fair value of CHF 127.94 versus a price of CHF 171.30, about 25% lower (overvalued).
What is the fair value of CFR?
Our model-based fair value for Compagnie Financière Richemont SA is CHF 127.94 (as of Nov 3, 2026), built from audited fundamentals. The current price: CHF 171.30.
What is the quality score of CFR?
Compagnie Financière Richemont SA has a Quality Score of 70/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Compagnie Financière Richemont SA (CFR)?
Our model-based price target is the fair value of CHF 127.94 (as of Nov 3, 2026) from 26 valuation models. Cautious scenario CHF 92.92, optimistic scenario CHF 159.93. It is a calculation from audited fundamentals, not an analyst target.
What is the Compagnie Financière Richemont SA stock forecast for 2026?
Our models put fair value at CHF 127.94, about 25% lower versus a price of CHF 171.30 (overvalued). Cautious scenario CHF 92.92, optimistic scenario CHF 159.93. The calculation is refreshed regularly with new filings.
What is the revenue of Compagnie Financière Richemont SA (CFR)?
Compagnie Financière Richemont SA reported trailing-twelve-month revenue of about €22.4B (latest available figure, as of Nov 3, 2026).
Does Compagnie Financière Richemont SA pay a dividend?
Compagnie Financière Richemont SA currently shows a dividend yield of 2.51% relative to its recent price (as of Nov 3, 2026).
What growth is priced into Compagnie Financière Richemont SA (CFR)?
For today's price to be fair in a discounted-cash-flow model, Compagnie Financière Richemont SA would have to grow free cash flow by +13.0 % per year for five years (discount rate 9.2 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +11.3 % per year. As of Nov 3, 2026.
What discount rate (WACC) does the fair value of CFR use?
Our models discount Compagnie Financière Richemont SA at 9.2 %: a base by market capitalisation (large), damped by beta 1.08, country premium for Switzerland. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Compagnie Financière Richemont SA that is +13.0 % per year a year over ten years, using the same discount rate (9.2 %) and the same formula as our fair value.
How much growth has Compagnie Financière Richemont SA (CFR) delivered so far?
Over the past 5 years revenue at Compagnie Financière Richemont SA grew +11.3 % a year. The price currently implies +13.0 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Compagnie Financière Richemont SA (CFR) growing?
The median revenue growth in the sector is +4.6 % a year. That is the yardstick for the growth priced into Compagnie Financière Richemont SA (+13.0 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Compagnie Financière Richemont SA (CFR)?
The free-cash-flow yield on the price is 3.55 %: that much free cash flow Compagnie Financière Richemont SA produces per unit of market value. When it exceeds the discount rate of our models (9.2 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Compagnie Financière Richemont SA (CFR)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Compagnie Financière Richemont SA it is CHF 127.94 per share (as of Nov 3, 2026), against a price of CHF 171.30. It is the blended result of 26 valuation models (cash flow, earnings, asset, dividend).
Is Compagnie Financière Richemont SA stock overvalued or undervalued in 2026?
As of Nov 3, 2026, CFR trades above its calculated fair value: price CHF 171.30, fair value CHF 127.94, a gap of about −25% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of CFR?
No. The price is what the market pays today (CHF 171.30); the fair value is what the company's own numbers justify (CHF 127.94). For Compagnie Financière Richemont SA the two are CHF 43.36 per share apart. That gap is exactly why we show both numbers side by side.
How much is Compagnie Financière Richemont SA worth?
The market values Compagnie Financière Richemont SA at about CHF 101B (market capitalisation, as of Nov 3, 2026). Per share that is CHF 171.30; our models calculate a fair value of CHF 127.94 per share.
What do the bullish and bearish scenarios say about CFR?
Our models span a range for Compagnie Financière Richemont SA: cautious scenario CHF 92.92, base CHF 127.94, optimistic CHF 159.93 per share (as of Nov 3, 2026, price CHF 171.30). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of CFR?
Compagnie Financière Richemont SA trades at a price-to-earnings ratio of 31.7 (as of Nov 3, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of CHF 127.94 is built from several models across several years. Median P/E at fiscal year-end, 10 fiscal years (2017 to 2026), reported earnings, FY2026 ex one-offs: 34.1. Other multiples: PEG 1.8, P/B 4.6, P/S 4.9, EV/EBITDA 19.8.
What is the PEG ratio of CFR?
The PEG ratio of Compagnie Financière Richemont SA is 1.77 (P/E divided by earnings growth, as of Nov 3, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Compagnie Financière Richemont SA (CFR)?
Balance-sheet figures for Compagnie Financière Richemont SA (as of Nov 3, 2026): return on equity 15.0%, debt of 0.19 per unit of equity. They feed the Quality Score of 70/100, which measures business quality independently of the share price.
How far is CFR from its 52-week high?
Compagnie Financière Richemont SA trades at CHF 171.30, about 12% below its 52-week high of CHF 195.72 and 35% above the low of CHF 127.10 (as of Nov 5, 2026). Distance from the high says nothing about value: that is what the fair value of CHF 127.94 is for.
Which stocks are comparable to Compagnie Financière Richemont SA?
From the same area (Consumer Cyclical) we also value Christian Dior SE, Titan Company, Tapestry, Inc, Chow Tai Fook Jewellery Group, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Compagnie Financière Richemont SA stock attractive at the current price?
The data as of Nov 3, 2026: price CHF 171.30, calculated fair value CHF 127.94 (−25%), Quality Score 70/100, from 26 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of CFR calculated?
We run Compagnie Financière Richemont SA through 26 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of CHF 127.94, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 15.5% above its aggregate fair value. Compagnie Financière Richemont SA itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Compagnie Financière Richemont SA (CFR)?
The closing price on Nov 5, 2026 was CHF 171.30. Our model-based fair value is CHF 127.94, about 25% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Compagnie Financière Richemont SA right now?
The price sits above even our optimistic bull case (CHF 159.93). The favourable scenario is already priced in. Solid but not exceptional quality (70/100) and above fair value, neither a clear bargain nor a standout compounder.
Where does the earnings growth of Compagnie Financière Richemont SA (CFR) come from?
Earnings per share at Compagnie Financière Richemont SA grew +6.3 % a year from 2015 to 2026. Broken into its drivers: revenue per share +7.6 %, EBIT margin +0.6 %, tax rate −0.5 %, residual (interest, one-offs) −1.3 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Compagnie Financière Richemont SA
How large is the market capitalisation of Compagnie Financière Richemont SA (CFR)?
The market capitalisation of Compagnie Financière Richemont SA is CHF 101B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Compagnie Financière Richemont SA (CFR)?
The price-to-sales ratio of Compagnie Financière Richemont SA is 4.92 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Compagnie Financière Richemont SA (CFR)?
Earnings per share at Compagnie Financière Richemont SA are CHF 5.41 (price ÷ EPS = P/E 31.7). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Compagnie Financière Richemont SA (CFR)?
The dividend yield of Compagnie Financière Richemont SA is 2.5% (payout 79.5%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Compagnie Financière Richemont SA (CFR)?
The net margin of Compagnie Financière Richemont SA is 15.5% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Compagnie Financière Richemont SA (CFR)?
The return on equity (ROE) of Compagnie Financière Richemont SA is 15.0% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Compagnie Financière Richemont SA (CFR)?
On an EBIT basis the return on assets of Compagnie Financière Richemont SA is 10.7% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Compagnie Financière Richemont SA (CFR)?
The operating margin of Compagnie Financière Richemont SA is 19.4% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Compagnie Financière Richemont SA (CFR)?
Revenue at Compagnie Financière Richemont SA is growing +4.2% versus a year earlier (3y avg +4.0%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Compagnie Financière Richemont SA (CFR)?
Earnings per share at Compagnie Financière Richemont SA are growing −27.2% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Compagnie Financière Richemont SA (CFR) carry?
The net debt of Compagnie Financière Richemont SA is €5.0B (fiscal year 2026, ≈ 1.3 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Broad data
Nov 3, 2026