Inter Parfums
Market Cap
US$1.3b
Last Updated
2020/10/21 00:00 UTC
Data Sources
Company Financials +
Executive Summary
Inter Parfums, Inc., together with its subsidiaries, manufactures, markets, and distributes a range of fragrances and fragrance related products. More Details
Rewards
Risk Analysis
No risks detected for IPAR from our risk checks.
Snowflake Analysis
Flawless balance sheet with reasonable growth potential.
Similar Companies
Share Price & News
How has Inter Parfums's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: IPAR has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-2.8%
IPAR
0.5%
US Personal Products
-1.3%
US Market
1 Year Return
-44.6%
IPAR
7.2%
US Personal Products
18.5%
US Market
Return vs Industry: IPAR underperformed the US Personal Products industry which returned 7.2% over the past year.
Return vs Market: IPAR underperformed the US Market which returned 18.5% over the past year.
Shareholder returns
| IPAR | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.8% | 0.5% | -1.3% |
| 30 Day | 6.8% | 5.4% | 5.3% |
| 90 Day | -9.0% | 12.1% | 7.5% |
| 1 Year | -43.9%-44.6% | 8.3%7.2% | 21.3%18.5% |
| 3 Year | -9.0%-12.9% | 52.1%45.6% | 42.4%32.9% |
| 5 Year | 61.9%49.0% | 63.1%49.6% | 84.2%63.5% |
Price Volatility Vs. Market
How volatile is Inter Parfums's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall St
Is Inter Parfums, Inc. (NASDAQ:IPAR) Potentially Undervalued?2 weeks ago | Simply Wall St
Is Inter Parfums (NASDAQ:IPAR) A Risky Investment?1 month ago | Simply Wall St
Should You Be Impressed By Inter Parfums' (NASDAQ:IPAR) Returns on Capital?Valuation
Is Inter Parfums undervalued compared to its fair value and its price relative to the market?
35.24x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: IPAR ($40.25) is trading above our estimate of fair value ($14.3)
Significantly Below Fair Value: IPAR is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: IPAR is poor value based on its PE Ratio (35.2x) compared to the US Personal Products industry average (20.3x).
PE vs Market: IPAR is poor value based on its PE Ratio (35.2x) compared to the US market (19x).
Price to Earnings Growth Ratio
PEG Ratio: IPAR is good value based on its PEG Ratio (0.8x)
Price to Book Ratio
PB vs Industry: IPAR is overvalued based on its PB Ratio (2.7x) compared to the US Personal Products industry average (2.3x).
Next Steps
Future Growth
How is Inter Parfums forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
42.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: IPAR's forecast earnings growth (42.5% per year) is above the savings rate (2.2%).
Earnings vs Market: IPAR's earnings (42.5% per year) are forecast to grow faster than the US market (22.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: IPAR's revenue (18.3% per year) is forecast to grow faster than the US market (10.1% per year).
High Growth Revenue: IPAR's revenue (18.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: IPAR's Return on Equity is forecast to be low in 3 years time (6.3%).
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Past Performance
How has Inter Parfums performed over the past 5 years?
14.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IPAR has high quality earnings.
Growing Profit Margin: IPAR's current net profit margins (6.4%) are lower than last year (8.3%).
Past Earnings Growth Analysis
Earnings Trend: IPAR's earnings have grown by 14% per year over the past 5 years.
Accelerating Growth: IPAR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: IPAR had negative earnings growth (-38.2%) over the past year, making it difficult to compare to the Personal Products industry average (7.3%).
Return on Equity
High ROE: IPAR's Return on Equity (7.5%) is considered low.
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Financial Health
How is Inter Parfums's financial position?
Financial Position Analysis
Short Term Liabilities: IPAR's short term assets ($487.6M) exceed its short term liabilities ($102.0M).
Long Term Liabilities: IPAR's short term assets ($487.6M) exceed its long term liabilities ($41.9M).
Debt to Equity History and Analysis
Debt Level: IPAR's debt to equity ratio (4%) is considered satisfactory.
Reducing Debt: IPAR's debt to equity ratio has reduced from 23.5% to 4% over the past 5 years.
Debt Coverage: IPAR's debt is well covered by operating cash flow (223.5%).
Interest Coverage: IPAR earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Dividend
What is Inter Parfums's current dividend yield, its reliability and sustainability?
1.78%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate IPAR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate IPAR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if IPAR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if IPAR's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: IPAR is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of IPAR's dividend in 3 years as they are not forecast to pay a notable one for the US market.
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Management
How experienced are the management team and are they aligned to shareholders interests?
26.8yrs
Average management tenure
CEO
Jean Madar (59 yo)
23.75yrs
Tenure
US$1,121,412
Compensation
Mr. Jean Madar founded Inter Parfums Inc. in 1989 and has been its Chief Executive Officer since January 1997. Mr. Madar serves as Chief Executive Officer at Inter Parfums USA, LLC. He serves as Chief Exec ...
CEO Compensation Analysis
Compensation vs Market: Jean's total compensation ($USD1.12M) is below average for companies of similar size in the US market ($USD4.48M).
Compensation vs Earnings: Jean's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 23.75yrs | US$1.12m | 22.34% $ 283.5m | |
| Vice Chairman | 29.08yrs | US$1.39m | 21.71% $ 275.6m | |
| Executive VP | 25.67yrs | US$1.13m | 0.016% $ 201.3k | |
| Executive VP & COO of Interparfums SA | no data | US$1.11m | 0% $ 0 | |
| Controller & Secretary | no data | no data | no data |
26.8yrs
Average Tenure
60.5yo
Average Age
Experienced Management: IPAR's management team is seasoned and experienced (26.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 23.75yrs | US$1.12m | 22.34% $ 283.5m | |
| Vice Chairman | 29.08yrs | US$1.39m | 21.71% $ 275.6m | |
| Executive VP | 25.67yrs | US$1.13m | 0.016% $ 201.3k | |
| Independent Director | 14.33yrs | US$65.43k | 0.010% $ 130.9k | |
| Independent Director | 23.58yrs | US$75.24k | 0.017% $ 221.3k | |
| Independent Director | 32.75yrs | US$84.96k | 0.10% $ 1.3m | |
| Director | 20.83yrs | US$1.10m | 0% $ 0 | |
| Independent Director | 2.5yrs | US$29.33k | 0% $ 0 | |
| Independent Director | no data | US$105.49k | 0.0063% $ 80.5k | |
| Independent Director | 3.08yrs | US$38.33k | 0% $ 0 |
23.6yrs
Average Tenure
61.5yo
Average Age
Experienced Board: IPAR's board of directors are seasoned and experienced ( 23.6 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
Inter Parfums, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Inter Parfums, Inc.
- Ticker: IPAR
- Exchange: NasdaqGS
- Founded: 1982
- Industry: Personal Products
- Sector: Household
- Market Cap: US$1.269b
- Shares outstanding: 31.53m
- Website: https://www.interparfumsinc.com
Number of Employees
Location
- Inter Parfums, Inc.
- 551 Fifth Avenue
- Suite 1500
- New York
- New York
- 10176
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| IPAR | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Feb 1988 |
| JF1 | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Feb 1988 |
Biography
Inter Parfums, Inc., together with its subsidiaries, manufactures, markets, and distributes a range of fragrances and fragrance related products. The company operates in two segments, European Based Operat ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/21 00:00 |
| End of Day Share Price | 2020/10/20 00:00 |
| Earnings | 2020/06/30 |
| 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.