WBAG:RMS

Stock Analysis Report

Hermès International Société en commandite par actions

Executive Summary

Hermès International Société en commandite par actions engages in the production, wholesale, and retail of various goods.

Snowflake

Fundamentals

Flawless balance sheet with proven track record.


Similar Companies

Share Price & News

How has Hermès International Société en commandite par actions's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

3.1%

RMS

4.3%

AT Luxury

1.6%

AT Market


1 Year Return

30.3%

RMS

24.9%

AT Luxury

-4.5%

AT Market

Return vs Industry: RMS exceeded the Austrian Luxury industry which returned 24.9% over the past year.

Return vs Market: RMS exceeded the Austrian Market which returned -4.5% over the past year.


Shareholder returns

RMSIndustryMarket
7 Day3.1%4.3%1.6%
30 Day-1.6%-1.9%-1.6%
90 Day0.09%-4.0%-0.1%
1 Year31.3%30.3%27.3%24.9%-1.0%-4.5%
3 Yearn/a77.2%66.6%44.1%31.0%
5 Yearn/a138.1%108.5%69.3%44.9%

Price Volatility Vs. Market

How volatile is Hermès International Société en commandite par actions's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Hermès International Société en commandite par actions undervalued compared to its fair value and its price relative to the market?

45.52x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: RMS (€634.6) is trading above our estimate of fair value (€365.11)

Significantly Undervalued: RMS is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: RMS is poor value based on its PE Ratio (45.5x) compared to the Luxury industry average (16.6x).

PE vs Market: RMS is poor value based on its PE Ratio (45.5x) compared to the Austrian market (14x).


Price to Earnings Growth Ratio

Low PEG Ratio: RMS is poor value based on its PEG Ratio (5.6x)


Price to Book Ratio

PB vs Industry: RMS is overvalued based on its PB Ratio (11.5x) compared to the XE Luxury industry average (1.2x).


Next Steps

Future Growth

How is Hermès International Société en commandite par actions forecast to perform in the next 1 to 3 years based on estimates from 17 analysts?

8.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: RMS's forecast earnings growth (8.1% per year) is above the savings rate (0.5%).

Earnings vs Market: RMS's earnings (8.1% per year) are forecast to grow slower than the Austrian market (8.5% per year).

High Growth Earnings: RMS's earnings are forecast to grow, but not significantly.

Revenue vs Market: RMS's revenue (7% per year) is forecast to grow faster than the Austrian market (3% per year).

High Growth Revenue: RMS's revenue (7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: RMS's Return on Equity is forecast to be high in 3 years time (24.2%)


Next Steps

Past Performance

How has Hermès International Société en commandite par actions performed over the past 5 years?

11.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: RMS's earnings have grown by 11.7% per year over the past 5 years.

Accelerating Growth: RMS's earnings growth over the past year (9.8%) is below its 5-year average (11.7% per year).

Earnings vs Industry: RMS earnings growth over the past year (9.8%) exceeded the Luxury industry -2.3%.


Return on Equity

High ROE: RMS's Return on Equity (25.3%) is considered high.


Return on Assets

ROA vs Industry: RMS has a higher Return on Assets than the Luxury industry average last year.


Return on Capital Employed

ROCE Improving: RMS's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Hermès International Société en commandite par actions's financial position?


Financial Position Analysis

Short Term Liabilities: RMS's short term assets (€5.2B) exceeds its short term liabilities (€1.8B)

Long Term Liabilities: RMS's short term assets (5.2B) exceeds its long term liabilities (1.2B)


Debt to Equity History and Analysis

Debt Level: RMS's debt to equity ratio (0.9%) is considered satisfactory

Reducing Debt: RMS's debt to equity ratio has reduced from 1.4% to 0.9% over the past 5 years.

Debt Coverage: RMS's debt is well covered by operating cash flow (3223.7%).

Interest Coverage: RMS earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: RMS has a high level of physical assets or inventory.

Debt Coverage by Assets: RMS's debt is covered by short term assets (assets are 96.014700x debt).


Next Steps

Dividend

What is Hermès International Société en commandite par actions's current dividend yield, its reliability and sustainability?

0.72%

Current Dividend Yield


Dividend Yield vs Market

company0.7%marketbottom25%1.6%markettop25%4.5%industryaverage1.7%forecastin3Years1.0%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: RMS's dividend (0.72%) isn’t notable compared to the bottom 25% of dividend payers in the Austrian market (1.58%).

High Dividend: RMS's dividend (0.72%) is low compared to the top 25% of dividend payers in the Austrian market (4.47%).

Stable Dividend: RMS is not paying a notable dividend for the Austrian market, therefore no need to check if payments are stable.

Growing Dividend: RMS is not paying a notable dividend for the Austrian market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: RMS is not paying a notable dividend for .


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of RMS's dividend in 3 years as they are not forecast to pay a notable one for the Austrian market.


Next Steps

Management

What is the CEO of Hermès International Société en commandite par actions's salary, the management and board of directors tenure and is there insider trading?

6.3yrs

Average management tenure


CEO

Hermès International Société en commandite par actions has no CEO, or we have no data on them.


Management Age and Tenure

6.3yrs

Average Tenure

53yo

Average Age

Experienced Management: RMS's management team is seasoned and experienced (6.3 years average tenure).


Board Age and Tenure

10.0yrs

Average Tenure

52yo

Average Age

Experienced Board: RMS's board of directors are considered experienced (10 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Guillaume de Seynes (62yo)

    Executive Vice-President of Manufacturing Division & Equity Investments

    • Tenure: 13.8yrs
  • Éric de Seynes (59yo)

    EVP & Chairman of the Supervisory Board

    • Tenure: 8.6yrs
    • Compensation: €143.00k
  • Pierre-Alexis Dumas (53yo)

    Artistic Executive Vice President

    • Tenure: 14yrs
  • Nathalie Besombes

    Company Law & Stock Market Director

    • Tenure: 0yrs
  • Carole Dupont-Pietri

    Group Financial Operations & Investor Relations Director

    • Tenure: 0yrs
  • Axel Dumas (49yo)

    Executive Chairman

    • Tenure: 6.3yrs
    • Compensation: €3.09m
  • Henri-Louis Bauer

    Executive Chairman

    • Tenure: 13.5yrs
    • Compensation: €1.26m
  • Florian Craen (49yo)

    Executive Vice President of Sales & Distribution

    • Tenure: 5.8yrs
  • Eric du Halgouët (56yo)

    Executive Vice President of Finance

    • Tenure: 4yrs
  • Charlotte David (44yo)

    Executive Vice President of Communication

    • Tenure: 4yrs

Board Members

  • Dominique Marie Senequier (66yo)

    Vice-Chairwoman of the Supervisory Board

    • Tenure: 0yrs
    • Compensation: €51.65k
  • Monique Cohen (63yo)

    Vice-Chairwoman of the Supervisory Board

    • Tenure: 0yrs
    • Compensation: €53.93k
  • Charles-Éric Bauer (55yo)

    Member of the Supervisory Board

    • Tenure: 11.3yrs
    • Compensation: €35.35k
  • Julie Guerrand (44yo)

    Member of the Supervisory Board

    • Tenure: 14.3yrs
    • Compensation: €28.20k
  • Éric de Seynes (59yo)

    EVP & Chairman of the Supervisory Board

    • Tenure: 8.6yrs
    • Compensation: €143.00k
  • Renaud Momméja (57yo)

    Member of the Supervisory Board

    • Tenure: 14.3yrs
    • Compensation: €42.90k
  • Matthieu Dumas (47yo)

    Member of the Supervisory Board

    • Tenure: 11.3yrs
    • Compensation: €44.20k
  • Blaise Guerrand (36yo)

    Member of the Supervisory Board

    • Tenure: 7.4yrs
    • Compensation: €31.20k
  • Frederic Afriat (49yo)

    Employee Representative Member of the Supervisory Board

    • Tenure: 2.9yrs
  • Olympia Guerrand (42yo)

    Member of the Supervisory Board

    • Tenure: 2.3yrs
    • Compensation: €31.20k

Company Information

Hermès International Société en commandite par actions's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Hermès International Société en commandite par actions
  • Ticker: RMS
  • Exchange: WBAG
  • Founded: 1837
  • Industry: Apparel, Accessories and Luxury Goods
  • Sector: Consumer Durables
  • Market Cap: €66.108b
  • Shares outstanding: 104.24m
  • Website: https://www.hermes-international.com

Number of Employees


Location

  • Hermès International Société en commandite par actions
  • 24, rue du Faubourg-Saint-Honoré
  • Paris
  • Ile-de-France
  • 75008
  • France

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HESA.FOTCPK (Pink Sheets LLC)YesRegistered SharesUSUSDAug 1993
RMSENXTPA (Euronext Paris)YesRegistered SharesFREURAug 1993
0HV2LSE (London Stock Exchange)YesRegistered SharesGBEURAug 1993
HMIDB (Deutsche Boerse AG)YesRegistered SharesDEEURAug 1993
RMSPBATS-CHIXE (BATS 'Chi-X Europe')YesRegistered SharesGBEURAug 1993
RMSWBAG (Wiener Boerse AG)YesRegistered SharesATEURAug 1993
HESA.YOTCPK (Pink Sheets LLC)ADRUSUSDOct 2008

Biography

Hermès International Société en commandite par actions engages in the production, wholesale, and retail of various goods. The company offers leather goods and saddlery, such as bags for men and women, clut ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/14 21:34
End of Day Share Price2019/10/14 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.