H & M Hennes & Mauritz Valuation
Is HM B undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
2/6Valuation Score 2/6
Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast
Share Price vs Fair Value
What is the Fair Price of HM B when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: HM B (SEK171.4) is trading below our estimate of fair value (SEK203.37)
Significantly Below Fair Value: HM B is trading below fair value, but not by a significant amount.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for HM B?
Other financial metrics that can be useful for relative valuation.
What is HM B's n/a Ratio? | |
---|---|
n/a | 0x |
n/a | n/a |
Market Cap | SEK 276.05b |
Key Statistics | |
---|---|
Enterprise Value/Revenue | 1.4x |
Enterprise Value/EBITDA | 13.8x |
PEG Ratio | 1.6x |
Price to Earnings Ratio vs Peers
How does HM B's PE Ratio compare to its peers?
Company | Forward PE | Estimated Growth | Market Cap |
---|---|---|---|
Peer Average | 23.7x | ||
RVRC RVRC Holding | 17x | 15.0% | SEK 5.2b |
NELLY Nelly Group | 14.5x | n/a | SEK 777.8m |
BURL Burlington Stores | 39x | 17.8% | US$17.3b |
ROST Ross Stores | 24.3x | 7.7% | US$50.7b |
HM B H & M Hennes & Mauritz | 27.3x | 17.0% | SEK 276.0b |
Price-To-Earnings vs Peers: HM B is expensive based on its Price-To-Earnings Ratio (27.3x) compared to the peer average (23.7x).
Price to Earnings Ratio vs Industry
How does HM B's PE Ratio compare vs other companies in the European Specialty Retail Industry?
Price-To-Earnings vs Industry: HM B is expensive based on its Price-To-Earnings Ratio (27.3x) compared to the European Specialty Retail industry average (16.4x).
Price to Earnings Ratio vs Fair Ratio
What is HM B's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
Fair Ratio | |
---|---|
Current PE Ratio | 27.3x |
Fair PE Ratio | 29.7x |
Price-To-Earnings vs Fair Ratio: HM B is good value based on its Price-To-Earnings Ratio (27.3x) compared to the estimated Fair Price-To-Earnings Ratio (29.7x).
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
---|---|---|---|---|---|---|---|
Current | SEK 171.40 | SEK 169.91 -0.9% | 13.6% | SEK 200.00 | SEK 120.00 | n/a | 28 |
Sep ’25 | SEK 162.50 | SEK 171.22 +5.4% | 14.5% | SEK 210.00 | SEK 120.00 | n/a | 26 |
Aug ’25 | SEK 165.40 | SEK 176.22 +6.5% | 15.2% | SEK 210.00 | SEK 120.00 | n/a | 26 |
Jul ’25 | SEK 167.45 | SEK 174.87 +4.4% | 15.1% | SEK 210.00 | SEK 120.00 | n/a | 26 |
Jun ’25 | SEK 185.60 | SEK 170.92 -7.9% | 16.2% | SEK 220.00 | SEK 120.00 | n/a | 25 |
May ’25 | SEK 176.75 | SEK 167.89 -5.0% | 15.2% | SEK 210.00 | SEK 120.00 | n/a | 26 |
Apr ’25 | SEK 174.58 | SEK 165.19 -5.4% | 16.3% | SEK 210.00 | SEK 120.00 | n/a | 27 |
Mar ’25 | SEK 141.08 | SEK 157.42 +11.6% | 14.2% | SEK 200.00 | SEK 114.00 | n/a | 28 |
Feb ’25 | SEK 143.94 | SEK 164.26 +14.1% | 14.4% | SEK 200.00 | SEK 114.00 | n/a | 28 |
Jan ’25 | SEK 176.62 | SEK 173.90 -1.5% | 12.6% | SEK 210.00 | SEK 123.00 | n/a | 28 |
Dec ’24 | SEK 172.00 | SEK 173.59 +0.9% | 13.1% | SEK 210.00 | SEK 123.00 | n/a | 28 |
Nov ’24 | SEK 153.04 | SEK 172.05 +12.4% | 12.9% | SEK 210.00 | SEK 123.00 | n/a | 27 |
Oct ’24 | SEK 155.46 | SEK 172.52 +11.0% | 13.1% | SEK 210.00 | SEK 123.00 | n/a | 26 |
Sep ’24 | SEK 168.04 | SEK 173.84 +3.5% | 17.0% | SEK 220.00 | SEK 116.90 | SEK 162.50 | 26 |
Aug ’24 | SEK 173.24 | SEK 173.07 -0.1% | 17.5% | SEK 220.00 | SEK 116.90 | SEK 165.40 | 26 |
Jul ’24 | SEK 185.18 | SEK 163.69 -11.6% | 18.8% | SEK 215.00 | SEK 110.00 | SEK 167.45 | 26 |
Jun ’24 | SEK 139.06 | SEK 143.37 +3.1% | 17.5% | SEK 185.00 | SEK 97.00 | SEK 185.60 | 24 |
May ’24 | SEK 149.88 | SEK 140.08 -6.5% | 19.7% | SEK 185.00 | SEK 85.00 | SEK 176.75 | 25 |
Apr ’24 | SEK 147.82 | SEK 134.60 -8.9% | 21.0% | SEK 185.00 | SEK 85.00 | SEK 174.58 | 25 |
Mar ’24 | SEK 130.90 | SEK 121.32 -7.3% | 21.0% | SEK 179.00 | SEK 75.00 | SEK 141.08 | 25 |
Feb ’24 | SEK 130.34 | SEK 117.08 -10.2% | 21.2% | SEK 179.00 | SEK 75.00 | SEK 143.94 | 25 |
Jan ’24 | SEK 112.24 | SEK 112.08 -0.1% | 25.5% | SEK 190.00 | SEK 70.00 | SEK 176.62 | 25 |
Dec ’23 | SEK 117.60 | SEK 110.92 -5.7% | 21.2% | SEK 179.00 | SEK 85.00 | SEK 172.00 | 25 |
Nov ’23 | SEK 113.92 | SEK 110.42 -3.1% | 20.8% | SEK 179.00 | SEK 85.00 | SEK 153.04 | 25 |
Oct ’23 | SEK 103.46 | SEK 113.82 +10.0% | 19.3% | SEK 179.00 | SEK 85.00 | SEK 155.46 | 25 |
Sep ’23 | SEK 110.14 | SEK 139.42 +26.6% | 21.9% | SEK 212.00 | SEK 105.00 | SEK 168.04 | 25 |
Analyst Forecast: Target price is lower than the current share price.