Company Valuation: Hermès International

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 160,733 151,055 200,590 243,184 222,465 141,349 - -
Change - -6.02% 32.79% 21.23% -8.52% -36.46% - -
Enterprise Value (EV) 1 154,062 141,867 192,025 233,716 212,572 127,678 125,339 122,634
Change - -7.92% 35.36% 21.71% -9.05% -39.94% -1.83% -2.16%
P/E 65.9x 45x 46.7x 52.9x 49.3x 30.5x 26.7x 24.2x
PBR 17.3x 12.1x 13.2x 14.1x 11.8x 6.59x 5.74x 5.01x
PEG - 1.2x 1.7x 7.91x -27.03x 11.18x 1.9x 2.3x
Capitalization / Revenue 17.9x 13x 14.9x 16x 13.9x 8.42x 7.76x 7.17x
EV / Revenue 17.2x 12.2x 14.3x 15.4x 13.3x 7.61x 6.88x 6.22x
EV / EBITDA 40.1x 26.7x 29.9x 33.4x 28.4x 16.7x 15.2x 13.6x
EV / EBIT 43.6x 30.2x 34x 38x 32.4x 18.9x 17.1x 15.3x
EV / FCF 53.6x 38.7x 55.4x 57.4x 50.5x 30.8x 26.2x 23.8x
FCF Yield 1.86% 2.58% 1.81% 1.74% 1.98% 3.25% 3.82% 4.2%
Dividend per Share 2 8 13 25 16 19 20.02 21.58 23.69
Rate of return 0.52% 0.9% 1.3% 0.69% 0.9% 1.48% 1.6% 1.76%
EPS 2 23.3 32.09 41.12 43.87 43.07 44.24 50.51 55.79
Distribution rate 34.3% 40.5% 60.8% 36.5% 44.1% 45.2% 42.7% 42.5%
Net sales 1 8,982 11,602 13,427 15,170 16,002 16,779 18,209 19,712
EBITDA 1 3,842 5,304 6,422 6,994 7,495 7,623 8,272 8,997
EBIT 1 3,530 4,697 5,650 6,150 6,569 6,752 7,347 7,993
Net income 1 2,445 3,367 4,311 4,603 4,524 4,645 5,301 5,860
Net Debt 1 -6,671 -9,188 -8,565 -9,468 -9,893 -13,672 -16,010 -18,715
Reference price 2 1,536.00 1,445.00 1,918.80 2,322.00 2,122.00 1,349.50 1,349.50 1,349.50
Nbr of stocks (in thousands) 104,644 104,536 104,539 104,731 104,837 104,742 - -
Announcement Date 18/02/22 17/02/23 09/02/24 14/02/25 12/02/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
30.63x7.64x16.83x1.48% 161B
38.6x2.92x22.49x0.28% 762M
12.13x - - 3.7% 691M
-113.49x2.23x53.56x-.--% 443M
Average -8.04x 4.27x 30.96x 1.37% 40.74B
Weighted average by Cap. 30.19x 7.61x 16.95x 1.48%

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. Stocks
  3. RMS Stock
  4. HMI Stock
  5. Valuation Hermès International