Hermès International Société en commandite par actions (RMS) Stock Overview
Engages in the production, wholesale, and retail of various goods. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 3/6 |
| Past Performance | 3/6 |
| Financial Health | 6/6 |
| Dividends | 3/6 |
Rewards
Risk Analysis
No risks detected for RMS from our risk checks.
RMS Community Fair Values
Create NarrativeSee what 204 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Top Community Narratives
€1.51k
FV
7.3% overvalued intrinsic discount3.65%
Revenue growth p.a.
6.7k
users have viewed this narrative28users have liked this narrative
1users have commented on this narrative
27users have followed this narrative
Hermès International Société en commandite par actions Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | €1,615.50 |
| 52 Week High | €2,482.00 |
| 52 Week Low | €1,529.00 |
| Beta | 0.99 |
| 1 Month Change | -0.28% |
| 3 Month Change | 0.40% |
| 1 Year Change | -29.73% |
| 3 Year Change | -17.45% |
| 5 Year Change | 32.42% |
| Change since IPO | 31,097.80% |
Recent News & Updates
Narrative Update • Jun 17
RMS: Defensive Brand Strength Will Support Upside From Geopolitical Tailwinds
Hermès International Société en commandite par actions sees its analyst fair value estimate adjusted lower from about €2,124 to about €2,029, as analysts factor in a series of reduced price targets, slightly more cautious revenue growth assumptions and a modestly lower future P/E multiple, partly offset by a marginally higher profit margin outlook and a reduced discount rate. Analyst Commentary Recent Street research around Hermès International Société en commandite par actions reflects a reset in expectations, with several firms trimming their price targets.
Narrative Update • Jun 03
RMS: Defensive Profile And Rating Upgrades Will Support Elevated Future P/E
Hermès International Société en commandite par actions now carries a revised analyst price target of about €2,567, down from roughly €2,650, as analysts factor in slightly lower assumptions for revenue growth, profit margins and future P/E, along with a modestly reduced discount rate. Analyst Commentary Recent Street research on Hermès International Société en commandite par actions shows a mix of lower price targets and fresh upgrades, with analysts adjusting their models across revenue, margin and P/E assumptions.
Narrative Update • May 19
RMS: Recent Rating Shifts And Revised Assumptions Will Shape Future Appeal
Hermès International Société en commandite par actions saw its analyst fair value estimate reduced from about €1,930.65 to about €1,558.07, as analysts adjusted price targets and assumptions around the discount rate, revenue growth, profit margins and future P/E following a series of target cuts and mixed rating changes across major banks. Analyst Commentary Recent research updates on Hermès International Société en commandite par actions point to a mixed backdrop, with several bearish analysts cutting price targets while a smaller group of firms maintain more constructive views.Narrative Update • May 02
RMS: Defensive Brand Profile Will Support Upside After Recent Pullback
Hermès International Société en commandite par actions sees its fair value estimate trimmed from about €2,182 to roughly €2,124 as analysts lower price targets and slightly reduce assumptions for revenue growth, profit margins and future P/E, while still citing support from recent upgrades that highlight the brand's defensive profile after the share price pullback. Analyst Commentary Recent Street research on Hermès International Société en commandite par actions has centered on recalibrating price targets while reassessing how resilient the brand and its earnings profile might be after the recent share price pullback.Narrative Update • Apr 17
RMS: Defensive Brand Profile Will Support Upside Despite Recent Target Cuts
Hermès International Société en commandite par actions sees its analyst price target trimmed from about €2,372 to roughly €2,182, as analysts factor in a slightly higher discount rate, more measured revenue growth assumptions, a marginally lower profit margin outlook, and a modestly reduced future P/E multiple following a series of recent target cuts alongside a few upgrades. Analyst Commentary Recent Street research on Hermès International Société en commandite par actions shows a mix of lower price targets and several upgrades, with analysts reassessing both upside potential and execution risks around current valuation levels.Recent updates
Narrative Update • Jun 17
RMS: Defensive Brand Strength Will Support Upside From Geopolitical Tailwinds
Hermès International Société en commandite par actions sees its analyst fair value estimate adjusted lower from about €2,124 to about €2,029, as analysts factor in a series of reduced price targets, slightly more cautious revenue growth assumptions and a modestly lower future P/E multiple, partly offset by a marginally higher profit margin outlook and a reduced discount rate. Analyst Commentary Recent Street research around Hermès International Société en commandite par actions reflects a reset in expectations, with several firms trimming their price targets.Narrative Update • Jun 03
RMS: Defensive Profile And Rating Upgrades Will Support Elevated Future P/E
Hermès International Société en commandite par actions now carries a revised analyst price target of about €2,567, down from roughly €2,650, as analysts factor in slightly lower assumptions for revenue growth, profit margins and future P/E, along with a modestly reduced discount rate. Analyst Commentary Recent Street research on Hermès International Société en commandite par actions shows a mix of lower price targets and fresh upgrades, with analysts adjusting their models across revenue, margin and P/E assumptions.Narrative Update • May 19
RMS: Recent Rating Shifts And Revised Assumptions Will Shape Future Appeal
Hermès International Société en commandite par actions saw its analyst fair value estimate reduced from about €1,930.65 to about €1,558.07, as analysts adjusted price targets and assumptions around the discount rate, revenue growth, profit margins and future P/E following a series of target cuts and mixed rating changes across major banks. Analyst Commentary Recent research updates on Hermès International Société en commandite par actions point to a mixed backdrop, with several bearish analysts cutting price targets while a smaller group of firms maintain more constructive views.Narrative Update • May 02
RMS: Defensive Brand Profile Will Support Upside After Recent Pullback
Hermès International Société en commandite par actions sees its fair value estimate trimmed from about €2,182 to roughly €2,124 as analysts lower price targets and slightly reduce assumptions for revenue growth, profit margins and future P/E, while still citing support from recent upgrades that highlight the brand's defensive profile after the share price pullback. Analyst Commentary Recent Street research on Hermès International Société en commandite par actions has centered on recalibrating price targets while reassessing how resilient the brand and its earnings profile might be after the recent share price pullback.Narrative Update • Apr 17
RMS: Defensive Brand Profile Will Support Upside Despite Recent Target Cuts
Hermès International Société en commandite par actions sees its analyst price target trimmed from about €2,372 to roughly €2,182, as analysts factor in a slightly higher discount rate, more measured revenue growth assumptions, a marginally lower profit margin outlook, and a modestly reduced future P/E multiple following a series of recent target cuts alongside a few upgrades. Analyst Commentary Recent Street research on Hermès International Société en commandite par actions shows a mix of lower price targets and several upgrades, with analysts reassessing both upside potential and execution risks around current valuation levels.Narrative Update • Apr 03
RMS: Rating Upgrades And Medium Term Guidance Will Support Elevated Future P/E
The analyst price target for Hermès International Société en commandite par actions has been reduced by €150 to €2,650, as analysts adjust their valuation assumptions in light of lower projected future P/E multiples, while still reflecting support from several recent rating upgrades. Analyst Commentary Recent Street research on Hermès International Société en commandite par actions shows a mix of price target cuts and rating upgrades, with several bullish analysts still highlighting long term strengths in execution and brand positioning.Narrative Update • Mar 19
RMS: Defensive Profile And Recent Upgrades Will Support Long Term Upside
The updated analyst price target for Hermès International Société en commandite par actions edges slightly lower to about €2,372.50. Analysts point to a still rich future P/E of roughly 50x, paired with modestly higher revenue growth and profit margin assumptions and recent Buy ratings citing a "compelling defensive profile" after the pullback.
New Narrative • Mar 16
Hermès - Expensive bags, and expensive stock. And the story of €14 billion of bearer shares gone missing.
About Hermès International SA Hermès International SA is a French luxury goods manufacturer. Its core business is leather goods.Narrative Update • Mar 05
RMS: Brand Strength And Jefferies Upgrade Will Support Long Term Upside
Narrative Update on Hermès International Société en commandite par actions The updated analyst price target for Hermès International Société en commandite par actions edges slightly lower to about €2,375. Analysts cite a higher discount rate and a modestly lower future P/E multiple, partially offset by neutral changes in fair value drivers such as revenue growth and profit margin, in line with recent research that includes the Jefferies upgrade.Narrative Update • Feb 19
RMS: Jefferies Upgrade And Medium Term Guidance Will Support Elevated Future P/E
Analysts have kept their €2,800 price target for Hermès International Société en commandite par actions steady, with recent research highlighting slightly adjusted assumptions for the discount rate, revenue growth, profit margin and future P/E to reflect updated views on the business following the latest upgrade commentary. Analyst Commentary Recent research has focused on how the latest upgrade commentary feeds into the existing €2,800 price target, with bullish analysts refining their assumptions rather than changing the headline number.Analysis Article • Feb 17
Analysts Are Updating Their Hermès International Société en commandite par actions (EPA:RMS) Estimates After Its Full-Year Results
Hermès International Société en commandite par actions ( EPA:RMS ) came out with its full-year results last week, and...Narrative Update • Feb 05
RMS: Brand Strength And Jefferies Upgrade Will Support Elevated Future P/E
Analysts have kept their fair value estimate for Hermès International Société en commandite par actions steady at €2,800.00, citing updated assumptions around discount rate, revenue growth, profit margins and future P/E following recent research that includes an upgrade reported by Jefferies. Analyst Commentary Bullish analysts keeping the fair value estimate at €2,800.00 see this level as consistent with their refreshed assumptions on discount rate, revenue trajectory, profit margins and the P/E they are willing to apply to Hermès International Société en commandite par actions.Narrative Update • Jan 22
RMS: Premium Brand Strength Will Support Elevated P/E Despite Recent Recalibration
Analysts have trimmed their fair value estimate for Hermès International Société en commandite par actions from €3,000 to €2,800, reflecting updated assumptions on revenue growth, discount rate and future P/E, in line with recent Street price target reductions such as the move to €2,270 at Citi. Analyst Commentary While the latest fair value trim brings estimates closer to recent Street price targets, some bullish analysts still see room for the shares to justify premium pricing based on execution and brand strength.Analysis Article • Jan 10
Why We Like The Returns At Hermès International Société en commandite par actions (EPA:RMS)
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...Narrative Update • Jan 07
RMS: Premium Franchise Will Sustain Long Term Upside Under More Cautious Assumptions
Analysts have trimmed their price targets on Hermès International Société en commandite par actions to a range of about €2,270 to €2,400, a reduction of up to €230, citing updated assumptions for discount rates, revenue growth, profit margins, and future P/E levels. Analyst Commentary Recent research updates point to a slightly more cautious stance on Hermès International Société en commandite par actions, with revised price targets now clustered between about €2,270 and €2,400 and Neutral ratings maintained.Narrative Update • Dec 23
RMS: Creative Leadership Changes Will Sustain Long Term Luxury Sector Outperformance
The analyst price target for Hermès International Société en commandite par actions has been trimmed modestly, with fair value easing by about EUR 7 to roughly EUR 2,378, as analysts incorporate slightly lower sector growth expectations and a more cautious stance on luxury demand. Analyst Commentary Recent research updates point to a more balanced stance on Hermès International Société en commandite par actions, with price targets nudged lower and ratings converging around neutral, as the luxury backdrop normalizes after several years of outsized growth.Narrative Update • Dec 09
RMS: Creative Leadership Changes Will Drive Long Term Luxury Sector Outperformance
Analysts have modestly trimmed their price targets on Hermès International Société en commandite par actions, cutting our fair value estimate by about EUR 6 to reflect slightly lower long term growth and margin expectations amid a more cautious stance on the luxury sector. Analyst Commentary Recent Street research reflects a more balanced and selective stance on Hermès, with price targets modestly reduced and ratings gravitating toward neutral positioning as growth normalizes from the post pandemic surge.Narrative Update • Nov 25
RMS: Creative Leadership Changes Will Shape Luxury Sector Performance Ahead
Hermès International's analyst price target has been trimmed modestly in recent weeks, falling by EUR 30 to a new average of EUR 2,360. Analysts cite shifting sector preferences and a more cautious outlook on luxury sector growth.Analysis Article • Nov 17
Why Hermès International Société en commandite par actions (EPA:RMS) Could Be Worth Watching
Let's talk about the popular Hermès International Société en commandite par actions ( EPA:RMS ). The company's shares...Narrative Update • Nov 06
RMS: Sector Outlook Will Shift As Creative Leadership Changes Unfold
Narrative Update on Hermès International Société en commandite par actions Hermès’ fair value estimate has been slightly reduced from €2,397.95 to €2,391.70. Analysts cite modestly softer growth expectations and a more cautious sector outlook, which is reflected in multiple recent price target decreases.Narrative Update • Oct 23
Analyst Commentary Highlights Moderation in Hermès International’s Valuation and Sector Growth Outlook
Hermès International's analyst price target has been lowered slightly from €2,423 to €2,398, as analysts cite sector-wide moderation following recent rapid growth and shifting preferences among luxury brands. Analyst Commentary Recent analyst updates for Hermès International Société en commandite par actions reflect an evolving outlook as the luxury sector moderates after years of strong performance.Analysis Article • Sep 27
Hermès International Société en commandite par actions' (EPA:RMS) Shareholders Might Be Looking For Exit
With a price-to-earnings (or "P/E") ratio of 48.4x Hermès International Société en commandite par actions ( EPA:RMS...Narrative Update • Sep 24
Global High-Net-Worth Trends And Ethical Craftsmanship Will Expand Markets
Hermès’ consensus price target was slightly reduced to €2,423 as analysts tempered expectations on growth catalysts and revenue momentum amid high valuations and potential macroeconomic headwinds. Analyst Commentary Bearish analysts highlight a lack of identifiable catalysts to accelerate growth in the near term.Narrative Update • Sep 04
Global High-Net-Worth Trends And Ethical Craftsmanship Will Expand Markets
Analysts have tempered expectations for Hermès due to subdued near-term growth catalysts, a reassessment of luxury demand, and premium valuation concerns, resulting in no change to the consensus price target, which remains at €2450. Analyst Commentary Bearish analysts express concern over the lack of near-term growth catalysts to support further share price appreciation.Analysis Article • Aug 20
Hermès International Société en commandite par actions (EPA:RMS) Knows How To Allocate Capital Effectively
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Analysis Article • Aug 01
Analyst Estimates: Here's What Brokers Think Of Hermès International Société en commandite par actions (EPA:RMS) After Its Interim Report
Last week, you might have seen that Hermès International Société en commandite par actions ( EPA:RMS ) released its...Analysis Article • Jul 29
Is It Time To Consider Buying Hermès International Société en commandite par actions (EPA:RMS)?
Let's talk about the popular Hermès International Société en commandite par actions ( EPA:RMS ). The company's shares...
New Narrative • Feb 16
Future Investments May Squeeze Margins But Could Strengthen Global Expansion
Operational investments to expand production capacity and secure supply chains may strain net margins and cash flow short-term.Shareholder Returns
| RMS | FR Luxury | FR Market | |
|---|---|---|---|
| 7D | -0.3% | 1.3% | -0.3% |
| 1Y | -29.7% | -5.8% | 4.7% |
Return vs Industry: RMS underperformed the French Luxury industry which returned -5.8% over the past year.
Return vs Market: RMS underperformed the French Market which returned 4.7% over the past year.
Price Volatility
| RMS volatility | |
|---|---|
| RMS Average Weekly Movement | 5.4% |
| Luxury Industry Average Movement | 4.4% |
| Market Average Movement | 5.2% |
| 10% most volatile stocks in FR Market | 10.8% |
| 10% least volatile stocks in FR Market | 2.6% |
Stable Share Price: RMS has not had significant price volatility in the past 3 months compared to the French market.
Volatility Over Time: RMS's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1837 | 25,954 | Axel Dumas | finance.hermes.com |
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, travel articles, small leather goods and accessories, saddles, bridles, and various equestrian products and clothing; ready-to-wear garments for men and women; and accessories, including jewelry, belts, hats, gloves, internet of things products, and shoes. It also provides silk and textiles for men and women; art of living and tableware products; beauty and perfume products; and watches.
Hermès International Société en commandite par actions Fundamentals Summary
| RMS fundamental statistics | |
|---|---|
| Market cap | €169.36b |
| Earnings (TTM) | €4.52b |
| Revenue (TTM) | €16.00b |
37.4x
P/E Ratio10.6x
P/S RatioIs RMS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| RMS income statement (TTM) | |
|---|---|
| Revenue | €16.00b |
| Cost of Revenue | €4.62b |
| Gross Profit | €11.38b |
| Other Expenses | €6.86b |
| Earnings | €4.52b |
Last Reported Earnings
Dec 31, 2025
Next Earnings Date
Jul 29, 2026
| Earnings per share (EPS) | 43.15 |
| Gross Margin | 71.11% |
| Net Profit Margin | 28.27% |
| Debt/Equity Ratio | 0% |
How did RMS perform over the long term?
See historical performance and comparisonDividends
1.1%
Current Dividend Yield42%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/29 22:48 |
| End of Day Share Price | 2026/06/29 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Hermès International Société en commandite par actions is covered by 34 analysts. 20 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Arancha Piñeiro | Banco de Sabadell. S.A. |
| Mariano Szachtman | Banco Santander |
| Victoria Petrova | Barclays |