ENXTPA:RMS

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Hermès International Société en commandite par actions

Market Cap

€134.8b

Last Updated

2021/08/01 17:46 UTC

Data Sources

Company Financials +

Executive Summary

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

Rewards

Earnings are forecast to grow 18.2% per year

Risk Analysis

No risks detected for RMS from our risk checks.


Snowflake Analysis

Flawless balance sheet with reasonable growth potential.


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 is less volatile than 75% of French stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: RMS's weekly volatility (2%) has been stable over the past year.


Market Performance


7 Day Return

0.08%

RMS

0.03%

FR Luxury

0.5%

FR Market


1 Year Return

87.8%

RMS

77.9%

FR Luxury

39.7%

FR Market

Return vs Industry: RMS exceeded the French Luxury industry which returned 77.9% over the past year.

Return vs Market: RMS exceeded the French Market which returned 39.7% over the past year.


Shareholder returns

RMSIndustryMarket
7 Day0.08%0.03%0.5%
30 Day5.8%2.5%1.2%
90 Day22.2%11.1%4.9%
1 Year88.7%87.8%79.9%77.9%43.5%39.7%
3 Year141.6%137.0%107.4%97.5%33.4%20.7%
5 Year247.2%232.2%278.0%247.6%87.2%58.1%

Long-Term 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

Valuation

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

97.16x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: RMS (€1289) is trading above our estimate of fair value (€448.05)

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 (97.2x) compared to the French Luxury industry average (31.7x).

PE vs Market: RMS is poor value based on its PE Ratio (97.2x) compared to the French market (21.8x).


Price to Earnings Growth Ratio

PEG Ratio: RMS is poor value based on its PEG Ratio (5.3x)


Price to Book Ratio

PB vs Industry: RMS is overvalued based on its PB Ratio (18.3x) compared to the FR Luxury industry average (2.1x).


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 16 analysts?

18.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: RMS's forecast earnings growth (18.2% per year) is above the savings rate (0.4%).

Earnings vs Market: RMS's earnings (18.2% per year) are forecast to grow faster than the French market (14.9% per year).

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

Revenue vs Market: RMS's revenue (12.6% per year) is forecast to grow faster than the French market (6.5% per year).

High Growth Revenue: RMS's revenue (12.6% 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 (22.2%)


Past Performance

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

6.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RMS has high quality earnings.

Growing Profit Margin: RMS's current net profit margins (21.7%) are lower than last year (22.2%).


Past Earnings Growth Analysis

Earnings Trend: RMS's earnings have grown by 6.4% per year over the past 5 years.

Accelerating Growth: RMS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: RMS had negative earnings growth (-9.2%) over the past year, making it difficult to compare to the Luxury industry average (98.2%).


Return on Equity

High ROE: RMS's Return on Equity (18.8%) is considered low.


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 (€6.6B) exceed its short term liabilities (€1.8B).

Long Term Liabilities: RMS's short term assets (€6.6B) exceed its long term liabilities (€1.8B).


Debt to Equity History and Analysis

Debt Level: RMS's debt to equity ratio (0.6%) is considered satisfactory.

Reducing Debt: RMS's debt to equity ratio has reduced from 1.1% to 0.6% over the past 5 years.

Debt Coverage: RMS's debt is well covered by operating cash flow (3828.4%).

Interest Coverage: RMS's interest payments on its debt are well covered by EBIT (112.5x coverage).


Balance Sheet


Dividend

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

0.35%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: RMS's dividend (0.35%) isn’t notable compared to the bottom 25% of dividend payers in the French market (1.29%).

High Dividend: RMS's dividend (0.35%) is low compared to the top 25% of dividend payers in the French market (3.87%).


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?

7.8yrs

Average management tenure


CEO

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


Leadership Team

Experienced Management: RMS's management team is seasoned and experienced (7.8 years average tenure).


Board Members

Experienced Board: RMS's board of directors are considered experienced (9.8 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: €134.837b
  • Shares outstanding: 104.61m
  • 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


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 Analysis2021/08/01 17:46
End of Day Share Price2021/07/30 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.