H & M Hennes & Mauritz AB
STO:HM B

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H & M Hennes & Mauritz AB
STO:HM B
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Price: 136.8 SEK -0.15% Market Closed
Market Cap: 221.3B SEK

Relative Value

The Relative Value of one HM B stock under the Base Case scenario is 182.47 SEK. Compared to the current market price of 136.8 SEK, H & M Hennes & Mauritz AB is Undervalued by 25%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

HM B Relative Value
Base Case
182.47 SEK
Undervaluation 25%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
74
vs Industry
29
Median 3Y
1
Median 5Y
1
Industry
0.5
Forward
0.9
vs History
76
vs Industry
27
Median 3Y
25.9
Median 5Y
27.2
Industry
16.9
Forward
17.5
vs History
65
vs Industry
40
Median 3Y
7.5
Median 5Y
7.4
Industry
8.3
vs History
23
vs Industry
8
Median 3Y
22.1
Median 5Y
22.6
Industry
16.6
vs History
47
vs Industry
12
Median 3Y
4.9
Median 5Y
4.6
Industry
1.6
vs History
71
vs Industry
26
Median 3Y
1.2
Median 5Y
1.2
Industry
0.7
Forward
1.1
vs History
76
vs Industry
42
Median 3Y
2.3
Median 5Y
2.4
Industry
2.3
vs History
80
vs Industry
44
Median 3Y
7.3
Median 5Y
7.8
Industry
8.3
Forward
6.8
vs History
77
vs Industry
28
Median 3Y
17.5
Median 5Y
19.6
Industry
12.7
Forward
15.1
vs History
60
vs Industry
38
Median 3Y
8.8
Median 5Y
8.8
Industry
9.7
vs History
33
vs Industry
32
Median 3Y
12.4
Median 5Y
12.3
Industry
13.5
vs History
66
vs Industry
21
Median 3Y
1.7
Median 5Y
1.8
Industry
1

Multiples Across Competitors

HM B Competitors Multiples
H & M Hennes & Mauritz AB Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
SE
H & M Hennes & Mauritz AB
STO:HM B
219.5B SEK 0.9 20 6.8 15.8
ES
Industria de Diseno Textil SA
MAD:ITX
147.7B EUR 3.8 25.2 12.9 18.3
US
TJX Companies Inc
NYSE:TJX
141.5B USD 2.5 29.4 18.9 22.3
ZA
Pepkor Holdings Ltd
JSE:PPH
106.8B Zac 0 0 0 0
JP
Fast Retailing Co Ltd
TSE:9983
15T JPY 4.6 36.6 18 25.1
ZA
Mr Price Group Ltd
JSE:MRP
62.9B Zac 0 0 0 0
US
Ross Stores Inc
NASDAQ:ROST
46.4B USD 2.2 22.4 14.3 16.8
ZA
Foschini Group Ltd
JSE:TFG
43.4B Zac 0 0 0 0
ZA
Truworths International Ltd
JSE:TRU
26.4B Zac 0 0 0 0
IN
Trent Ltd
NSE:TRENT
2T INR 11.8 130.4 73.3 108.5
US
Burlington Stores Inc
NYSE:BURL
15.2B USD 1.4 28.8 15 22.3
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
SE
H & M Hennes & Mauritz AB
STO:HM B
Average EV/EBITDA: 22.7
6.8
3%
2.3
ES
Industria de Diseno Textil SA
MAD:ITX
12.9
7%
1.8
US
TJX Companies Inc
NYSE:TJX
18.9
8%
2.4
ZA
P
Pepkor Holdings Ltd
JSE:PPH
Not Available
9%
N/A
JP
Fast Retailing Co Ltd
TSE:9983
18
8%
2.3
ZA
M
Mr Price Group Ltd
JSE:MRP
Not Available
9%
N/A
US
Ross Stores Inc
NASDAQ:ROST
14.3
5%
2.9
ZA
F
Foschini Group Ltd
JSE:TFG
Not Available
16%
N/A
ZA
T
Truworths International Ltd
JSE:TRU
Not Available
14%
N/A
IN
Trent Ltd
NSE:TRENT
73.3
31%
2.4
US
Burlington Stores Inc
NYSE:BURL
15
17%
0.9
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
SE
H & M Hennes & Mauritz AB
STO:HM B
Average EV/EBIT: 32.7
15.8
6%
2.6
ES
Industria de Diseno Textil SA
MAD:ITX
18.3
7%
2.6
US
TJX Companies Inc
NYSE:TJX
22.3
8%
2.8
ZA
P
Pepkor Holdings Ltd
JSE:PPH
Not Available
10%
N/A
JP
Fast Retailing Co Ltd
TSE:9983
25.1
N/A N/A
ZA
M
Mr Price Group Ltd
JSE:MRP
Not Available
11%
N/A
US
Ross Stores Inc
NASDAQ:ROST
16.8
5%
3.4
ZA
F
Foschini Group Ltd
JSE:TFG
Not Available
27%
N/A
ZA
T
Truworths International Ltd
JSE:TRU
Not Available
14%
N/A
IN
Trent Ltd
NSE:TRENT
108.5
34%
3.2
US
Burlington Stores Inc
NYSE:BURL
22.3
19%
1.2