Hermès International Société en commandite par actions
Market Cap
€80.8b
Last Updated
2020/07/13 20:49 UTC
Data Sources
Company Financials +
Executive Summary
Hermès International Société en commandite par actions engages in the production, wholesale, and retail of various goods.
Rewards
Risk Analysis
No risks detected for RMS from our risk checks.
Snowflake Analysis
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
Stable Share Price: RMS has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
0.6%
RMS
1.2%
FR Luxury
-0.3%
FR Market
1 Year Return
22.6%
RMS
2.8%
FR Luxury
-7.5%
FR Market
Return vs Industry: RMS exceeded the French Luxury industry which returned 0.1% over the past year.
Return vs Market: RMS exceeded the French Market which returned -8.9% over the past year.
Shareholder returns
| RMS | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.6% | 1.2% | -0.3% |
| 30 Day | 5.0% | 6.3% | 4.8% |
| 90 Day | 15.2% | 14.1% | 12.6% |
| 1 Year | 23.4%22.6% | 5.1%2.8% | -5.6%-7.5% |
| 3 Year | 77.2%71.8% | 73.1%62.8% | 10.9%1.6% |
| 5 Year | 138.9%127.3% | 128.4%108.4% | 24.4%7.6% |
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
1 day ago | Simply Wall St
Here's What Hermès International Société en commandite par actions' (EPA:RMS) Strong Returns On Capital MeansValuation
Is Hermès International Société en commandite par actions undervalued compared to its fair value and its price relative to the market?
52.86x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: RMS (€775) is trading above our estimate of fair value (€376.72)
Significantly Below Fair Value: 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 (52.9x) compared to the FR Luxury industry average (26x).
PE vs Market: RMS is poor value based on its PE Ratio (52.9x) compared to the French market (15x).
Price to Earnings Growth Ratio
PEG Ratio: RMS is poor value based on its PEG Ratio (6.1x)
Price to Book Ratio
PB vs Industry: RMS is overvalued based on its PB Ratio (12.3x) compared to the FR Luxury industry average (1.5x).
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?
8.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RMS's forecast earnings growth (8.6% per year) is above the savings rate (0.6%).
Earnings vs Market: RMS's earnings (8.6% per year) are forecast to grow slower than the French market (13.1% per year).
High Growth Earnings: RMS's earnings are forecast to grow, but not significantly.
Revenue vs Market: RMS's revenue (6.2% per year) is forecast to grow faster than the French market (4.1% per year).
High Growth Revenue: RMS's revenue (6.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: RMS's Return on Equity is forecast to be high in 3 years time (20.2%)
Next Steps
Past Performance
How has Hermès International Société en commandite par actions performed over the past 5 years?
11.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RMS has high quality earnings.
Growing Profit Margin: RMS's current net profit margins (22.2%) are lower than last year (23.6%).
Past Earnings Growth Analysis
Earnings Trend: RMS's earnings have grown by 11.5% per year over the past 5 years.
Accelerating Growth: RMS's earnings growth over the past year (8.7%) is below its 5-year average (11.5% per year).
Earnings vs Industry: RMS earnings growth over the past year (8.7%) exceeded the Luxury industry -0.6%.
Return on Equity
High ROE: RMS's Return on Equity (23.3%) is considered high.
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 (€6.1B) exceed its short term liabilities (€2.0B).
Long Term Liabilities: RMS's short term assets (€6.1B) exceed its long term liabilities (€1.3B).
Debt to Equity History and Analysis
Debt Level: RMS's debt to equity ratio (0.8%) is considered satisfactory.
Reducing Debt: RMS's debt to equity ratio has reduced from 1.2% to 0.8% over the past 5 years.
Debt Coverage: RMS's debt is well covered by operating cash flow (4166.3%).
Interest Coverage: RMS's interest payments on its debt are well covered by EBIT (381x coverage).
Balance Sheet
Next Steps
Dividend
What is Hermès International Société en commandite par actions's current dividend yield, its reliability and sustainability?
0.65%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: RMS's dividend (0.65%) isn’t notable compared to the bottom 25% of dividend payers in the French market (1.72%).
High Dividend: RMS's dividend (0.65%) is low compared to the top 25% of dividend payers in the French market (4.89%).
Stability and Growth of Payments
Stable Dividend: RMS is not paying a notable dividend for the French market, therefore no need to check if payments are stable.
Growing Dividend: RMS is not paying a notable dividend for the French market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: RMS is not paying a notable dividend for the French market.
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 French market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
6.8yrs
Average management tenure
CEO
Hermès International Société en commandite par actions has no CEO, or we have no data on them.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 7.08yrs | €3.40m | 0.010% €8.1m | |
| Executive Chairman | 14.25yrs | €1.38m | no data | |
| Executive Vice President of Finance | 4.75yrs | no data | 0.0010% €807.6k | |
| Group Financial Operations & Investor Relations Director | no data | no data | no data | |
| Corp. Law & Stock Exchange Regulation Director | no data | no data | no data | |
| Executive Vice President of Communication | 4.75yrs | no data | no data | |
| Executive Vice President of Sales & Distribution | 6.83yrs | no data | 0.0029% €2.4m | |
| Artistic Executive Vice President | 14.75yrs | no data | 0.089% €72.2m | |
| Executive Vice-President of Manufacturing Division & Equity Investments | 14.5yrs | no data | 0.0050% €4.0m | |
| Executive Vice-President of the Métiers | no data | no data | 0.0059% €4.8m | |
| Executive Vice-President of Governance & Organisational Development | 4.75yrs | no data | 0.00041% €331.1k | |
| Executive Vice President of Leather goods-Saddlery | 1.25yrs | no data | 0.000040% €32.3k |
6.8yrs
Average Tenure
54yo
Average Age
Experienced Management: RMS's management team is seasoned and experienced (6.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Vice-Chairwoman of the Supervisory Board | no data | €53.93k | 0.00019% €153.4k | |
| Independent Vice-Chairwoman of the Supervisory Board | no data | €56.20k | 0.00024% €193.8k | |
| Member of the Supervisory Board | 12.08yrs | €41.20k | 0.066% €53.6m | |
| Member of the Supervisory Board | 15.08yrs | €28.20k | 0.0056% €4.5m | |
| Chairman of the Supervisory Board | 9.33yrs | €143.00k | 0.00019% €153.4k | |
| Member of the Supervisory Board | 15.08yrs | €42.15k | 0.14% €116.3m | |
| Member of the Supervisory Board | 12.08yrs | €43.45k | 0.00020% €161.5k | |
| Member of the Supervisory Board | 8.17yrs | €31.20k | 0.00019% €153.4k | |
| Independent Member of Supervisory Board | 1.08yrs | €22.88k | 0.00010% €80.8k | |
| Member of the Supervisory Board | 3.08yrs | €26.65k | 0.29% €237.4m | |
| Member of the Supervisory Board | 3.08yrs | €30.45k | 0.00019% €153.4k | |
| Employee Representative Member of the Supervisory Board | 0.67yr | no data | no data |
8.8yrs
Average Tenure
52.5yo
Average Age
Experienced Board: RMS's board of directors are considered experienced (8.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
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: ENXTPA
- Founded: 1837
- Industry: Apparel, Accessories and Luxury Goods
- Sector: Consumer Durables
- Market Cap: €80.761b
- Shares outstanding: 104.21m
- Website: https://finance.hermes.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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| HESA.F | OTCPK (Pink Sheets LLC) | Yes | Registered Shares | US | USD | Aug 1993 |
| RMS | ENXTPA (Euronext Paris) | Yes | Registered Shares | FR | EUR | Aug 1993 |
| 0HV2 | LSE (London Stock Exchange) | Yes | Registered Shares | GB | EUR | Aug 1993 |
| HMI | DB (Deutsche Boerse AG) | Yes | Registered Shares | DE | EUR | Aug 1993 |
| RMSP | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Registered Shares | GB | EUR | Aug 1993 |
| RMS | WBAG (Wiener Boerse AG) | Yes | Registered Shares | AT | EUR | Aug 1993 |
| HESA.Y | OTCPK (Pink Sheets LLC) | ADR | US | USD | Oct 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, clutches, briefcases, luggage, small leather goods, diaries and writing objects, saddles, bridles, and a range of equestrian products and clothing; ready-to-wear garments for men and women; and accessories, including jewelry, belts, hats, gloves, the Internet of Things products, and shoes. It also provides silk and textiles for men and women; art of living products comprising furniture, lighting, plaids, decorative objects, tableware, birth gifts, beach fabrics, furnishing fabrics, and wallpapers; perfumes; and watches. In addition, the company is also involved in weaving, engraving, printing, dyeing, finishing, and producing textiles; and purchasing, tanning, dyeing, finishing, and selling precious hides. It sells its products through a network of 310 stores, including 219 directly operated stores worldwide. The company also sells watches, perfumes, and tableware through a network of specialized stores and in airport duty-free stores. Hermès International Société en commandite par actions was founded in 1837 and is based in Paris, France. Hermès International Société en commandite par actions is a subsidiary of H51 SAS.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/07/13 20:49 |
| End of Day Share Price | 2020/07/13 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
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.