Hermès International Société en commandite par actions Valuation

Q: What is the Fair Price of HESA.Y when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

HESA.Y ($208.71) is trading above our estimate of [[fair value]] ($117.81)

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

Below Fair Value: HESA.Y ($208.71) is trading above our estimate of fair value ($117.81)

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

Key Valuation Metric

Which metric is best to use when looking at relative valuation for HESA.Y?

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

The above table shows the Price to Earnings ratio for HESA.Y. This is calculated by dividing HESA.Y's market cap by their current earnings.
What is HESA.Y's PE Ratio?
PE Ratio	46.7x
Earnings	€4.45b
Market Cap	€208.10b

HESA.Y 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	14.1x
Enterprise Value/EBITDA	32.3x
PEG Ratio	5.2x

Price to Earnings Ratio vs Peers

How does HESA.Y's PE Ratio compare to its peers?

The above table shows the PE ratio for HESA.Y 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	24.9x
LULU Lululemon Athletica	23.7x	7.4%	US$37.9b
RL Ralph Lauren	18.8x	6.9%	US$12.6b
TPR Tapestry	16.3x	8.0%	US$12.9b
LEVI Levi Strauss	40.9x	45.4%	US$6.3b
HESA.Y Hermès International Société en commandite par actions	46.7x	8.9%	US$208.1b

Price-To-Earnings vs Peers: HESA.Y is expensive based on its Price-To-Earnings Ratio (46.7x) compared to the peer average (24.9x).

Price to Earnings Ratio vs Industry

How does HESA.Y's PE Ratio compare vs other companies in the US Luxury Industry?

2 Companies	Price / Earnings	Estimated Growth	Market Cap
JXJT JX Luxventure	2.4x	n/a	US$7.46m
DLAP.Q Delta Apparel	n/a	n/a	US$7.00

No more companies available in this PE range

2 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: HESA.Y is expensive based on its Price-To-Earnings Ratio (46.7x) compared to the US Luxury industry average (17.6x).

Price to Earnings Ratio vs Fair Ratio

What is HESA.Y'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.

HESA.Y PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	46.7x
Fair PE Ratio	25.6x

Price-To-Earnings vs Fair Ratio: HESA.Y is expensive based on its Price-To-Earnings Ratio (46.7x) compared to the estimated Fair Price-To-Earnings Ratio (25.6x).

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.