Company Valuation: Hermès International

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 92,007 1,60,733 1,51,055 2,00,590 2,43,184 1,99,768 1,99,768 -
Change - 74.7% -6.02% 32.79% 21.23% -17.85% 0% -
Enterprise Value (EV) 1 87,290 1,54,062 1,41,867 1,92,025 2,33,716 2,12,572 1,86,005 1,83,507
Change - 76.49% -7.92% 35.36% 21.71% -9.05% -1.01% -1.34%
P/E ratio 66.6x 65.9x 45x 46.7x 52.9x 49.3x 40.9x 35.5x
PBR 12.6x 17.3x 12.1x 13.2x 14.1x 10.5x 9.24x 7.94x
PEG - 0.9x 1.2x 1.7x 7.91x -27.03x 3.9x 2.3x
Capitalization / Revenue 14.4x 17.9x 13x 14.9x 16x 13.9x 11.6x 10.6x
EV / Revenue 13.7x 17.2x 12.2x 14.3x 15.4x 13.3x 10.8x 9.7x
EV / EBITDA 38.8x 40.1x 26.7x 29.9x 33.4x 28.4x 23.7x 21.3x
EV / EBIT 44.1x 43.6x 30.2x 34x 38x 32.4x 26.6x 23.9x
EV / FCF 73.1x 53.6x 38.7x 55.4x 57.4x 50.5x 42.5x 36.1x
FCF Yield 1.37% 1.86% 2.58% 1.81% 1.74% 1.98% 2.36% 2.77%
Dividend per Share 2 4.55 8 13 25 16 19 21.56 23.2
Rate of return 0.52% 0.52% 0.9% 1.3% 0.69% 0.9% 1.13% 1.22%
EPS 2 13.21 23.3 32.09 41.12 43.87 43.07 46.64 53.72
Distribution rate 34.4% 34.3% 40.5% 60.8% 36.5% 44.1% 46.2% 43.2%
Net sales 1 6,390 8,982 11,602 13,427 15,170 16,002 17,250 18,916
EBITDA 1 2,252 3,842 5,304 6,422 6,994 7,495 7,852 8,611
EBIT 1 1,981 3,530 4,697 5,650 6,150 6,569 7,000 7,665
Net income 1 1,390 2,445 3,367 4,311 4,603 4,524 4,933 5,638
Net Debt 1 -4,717 -6,671 -9,188 -8,565 -9,468 -9,893 -13,763 -16,261
Reference price 2 879.60 1,536.00 1,445.00 1,918.80 2,322.00 1,905.50 1,905.50 1,905.50
Nbr of stocks (in thousands) 1,04,601 1,04,644 1,04,536 1,04,539 1,04,731 1,04,837 1,04,837 -
Announcement Date 19/02/21 18/02/22 17/02/23 09/02/24 14/02/25 12/02/26 - -
1EUR in Million2EUR
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
45.1x11.76x26.25x1.01% 23TCr
45.82x3.8x27.91x0.19% 90Cr
12.91x - - 1.86% 70Cr
-25.16x - - -.--% 57Cr
Average 19.67x 7.78x 27.08x 0.77% 5.85TCr
Weighted average by Cap. 44.84x 11.73x 26.25x 1.01%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

  1. Stock Market
  2. Equities
  3. RMS Stock
  4. Valuation Hermès International
SPRING SALE -40%: The Best Tools Reserved for Subscribers to Identify Tomorrow's Top Investments!
d
:
:
BENEFIT NOW