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Hermes International SCA
PAR:RMS

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Hermes International SCA
PAR:RMS
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Price: 1 623.5 EUR 1%
Market Cap: €171.4B

EV/GP

14.1
Current
32%
Cheaper
vs 3-y average of 20.7

Enterprise Value to Gross Profit (EV/GP) ratio compares a company`s total enterprise value to its gross profit. It shows how much investors are paying for each dollar of the company`s gross profit, including both equity and debt.

EV/GP
14.1
=
Enterprise Value
€175.1B
/
Gross Profit
€11.4B

Enterprise Value to Gross Profit (EV/GP) ratio compares a company`s total enterprise value to its gross profit. It shows how much investors are paying for each dollar of the company`s gross profit, including both equity and debt.

EV/GP
14.1
=
Enterprise Value
€175.1B
/
Gross Profit
€11.4B

Valuation Scenarios

Hermes International SCA is trading below its 3-year average

If EV/GP returns to its 3-Year Average (20.7), the stock would be worth €2 388.98 (47% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-79%
Maximum Upside
+47%
Average Downside
11%
Scenario EV/GP Value Implied Price Upside/Downside
Current Multiple 14.1 €1 623.5
0%
3-Year Average 20.7 €2 388.98
+47%
5-Year Average 20.7 €2 390.78
+47%
Industry Average 5.9 €682.9
-58%
Country Average 3 €346.75
-79%

Forward EV/GP
Today’s price vs future gross profit

Not enough data available to calculate forward EV/GP

Peer Comparison

All Multiples
EV/GP
P/E
All Countries
Close
Market Cap EV/GP P/E
FR
Hermes International SCA
PAR:RMS
170.2B EUR 14.1 37.6
FR
LVMH Moet Hennessy Louis Vuitton SE
PAR:MC
224.1B EUR 4.5 20.6
KR
SBW
KRX:102280
235.5T KRW 8 462.8 -117 637.1
CH
Compagnie Financiere Richemont SA
SIX:CFR
87.3B CHF 6.3 23.5
FR
EssilorLuxottica SA
PAR:EL
84B EUR 5.5 36.3
FR
Christian Dior SE
PAR:CDI
76.7B EUR 1.9 16.9
IN
Titan Company Ltd
NSE:TITAN
3.9T INR 25 81.6
FR
Kering SA
PAR:KER
28.5B EUR 3.7 396.2
DE
Adidas AG
XETRA:ADS
26.3B EUR 2.2 19.7
US
Tapestry Inc
NYSE:TPR
29.4B USD 5.4 56.3
CN
ANTA Sports Products Ltd
HKEX:2020
226.9B HKD 3.8 14.8
P/E Multiple
Earnings Growth PEG
FR
Hermes International SCA
PAR:RMS
Average P/E: 70.4
37.6
12%
3.1
FR
LVMH Moet Hennessy Louis Vuitton SE
PAR:MC
20.6
11%
1.9
KR
SBW
KRX:102280
Negative Multiple: -117 637.1 N/A N/A
CH
Compagnie Financiere Richemont SA
SIX:CFR
23.5
16%
1.5
FR
EssilorLuxottica SA
PAR:EL
36.3
26%
1.4
FR
Christian Dior SE
PAR:CDI
16.9
N/A N/A
IN
Titan Company Ltd
NSE:TITAN
81.6
32%
2.6
FR
Kering SA
PAR:KER
396.2
186%
2.1
DE
Adidas AG
XETRA:ADS
19.7
23%
0.9
US
Tapestry Inc
NYSE:TPR
56.3
107%
0.5
CN
ANTA Sports Products Ltd
HKEX:2020
14.8
10%
1.5

Market Distribution

Higher than 91% of companies in France
Percentile
91st
Based on 1 453 companies
91st percentile
14.1
Low
0.1 — 1.7
Typical Range
1.7 — 4.7
High
4.7 —
Distribution Statistics
France
Min 0.1
30th Percentile 1.7
Median 3
70th Percentile 4.7
Max 5 681.3

Hermes International SCA
Glance View

Hermès International SCA, a beacon of luxury and craftsmanship, originated as a humble harness workshop in Paris under the stewardship of Thierry Hermès in 1837. Since then, it has evolved into a globally recognized symbol of opulence, unwavering in its commitment to exquisite quality and exclusivity. The secret to Hermès’ enduring allure lies in its meticulous attention to detail and artisanal production processes. The company prides itself on a limited supply strategy, where every item—from the iconic Birkin bag to the branded silk scarves—is crafted with precision by skilled artisans. This exclusivity is further accentuated by a deliberate scarcity in production, ensuring that demand perpetually outpaces supply. Underpinning its business model is a shrewd blend of tradition and innovation, allowing Hermès to operate beyond the whims of fashion trends. The company generates revenue primarily through its storied leather goods and saddelry, accounting for a substantial portion of its sales, bolstered by a diverse range of luxurious offerings that include ready-to-wear fashion, fragrances, watches, and home furnishings. Hermès leverages both its storied heritage and a robust distribution network of meticulously designed boutiques across the globe to reach sophisticated clientele. This selective distribution enhances its brand mystique and allure, maintaining its reputation as a purveyor of timeless elegance. By synchronizing heritage and exclusivity, Hermès not only crafts commodities but weaves narratives of aspiration and status, continually capturing the hearts and wallets of the affluent.

RMS Intrinsic Value
1 148.75 EUR
Overvaluation 29%
Intrinsic Value
Price €1 623.5
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