Hermès International Société en commandite par actions Valuation

Is HMI undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

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 HMI when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: HMI (€2196) is trading above our estimate of fair value (€1131.7)

Significantly Below Fair Value: HMI is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for HMI?

Key metric: As HMI is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for HMI. This is calculated by dividing HMI's market cap by their current earnings.
What is HMI's PE Ratio?
PE Ratio	51.6x
Earnings	€4.45b
Market Cap	€229.89b

HMI key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	15.6x
Enterprise Value/EBITDA	35.4x
PEG Ratio	5.5x

Price to Earnings Ratio vs Peers

How does HMI's PE Ratio compare to its peers?

The above table shows the PE ratio for HMI vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	21.4x
MC LVMH Moët Hennessy - Louis Vuitton Société Européenne	21.2x	6.7%	€296.0b
CDI Christian Dior	17.2x	n/a	€100.0b
CFR Compagnie Financière Richemont	22.7x	9.1%	CHF 71.5b
LULU Lululemon Athletica	24.6x	7.2%	US$38.9b
HMI Hermès International Société en commandite par actions	51.6x	9.4%	€229.9b

Price-To-Earnings vs Peers: HMI is expensive based on its Price-To-Earnings Ratio (51.6x) compared to the peer average (39.5x).

Price to Earnings Ratio vs Industry

How does HMI's PE Ratio compare vs other companies in the European Luxury Industry?

4 Companies	Price / Earnings	Estimated Growth	Market Cap

4 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: HMI is expensive based on its Price-To-Earnings Ratio (51.6x) compared to the European Luxury industry average (18x).

Price to Earnings Ratio vs Fair Ratio

What is HMI'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.

HMI PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	51.6x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate HMI's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.