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Hermes International SCA
XMUN:HMI

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Hermes International SCA
XMUN:HMI
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Price: 1 660.5 EUR 0.24%
Market Cap: €115.4B

P/S

10.9
Current
30%
Cheaper
vs 3-y average of 15.5

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
10.9
=
Market Cap
€185.4B
/
Revenue
€16B

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
10.9
=
Market Cap
€185.4B
/
Revenue
€16B

Valuation Scenarios

Hermes International SCA is trading below its 3-year average

If P/S returns to its 3-Year Average (15.5), the stock would be worth €2 366.32 (43% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-91%
Maximum Upside
+43%
Average Downside
18%
Scenario P/S Value Implied Price Upside/Downside
Current Multiple 10.9 €1 660.5
0%
3-Year Average 15.5 €2 366.32
+43%
5-Year Average 15.4 €2 358.96
+42%
Industry Average 3.6 €557.85
-66%
Country Average 1 €154.28
-91%

Forward P/S
Today’s price vs future revenue

Today's Market Cap Revenue Forward P/S
€185.4B
/
Jan 2026
€16B
=
10.9
Current
€185.4B
/
Dec 2026
€17.3B
=
10.7
Forward
€185.4B
/
Dec 2027
€19B
=
9.8
Forward
€185.4B
/
Dec 2028
€20.7B
=
9
Forward
€185.4B
/
Dec 2029
€22.5B
=
8.2
Forward
€185.4B
/
Dec 2030
€24.2B
=
7.7
Forward
€185.4B
/
Dec 2031
€26.2B
=
7.1
Forward
€185.4B
/
Dec 2032
€28.2B
=
6.6
Forward
€185.4B
/
Dec 2033
€30.4B
=
6.1
Forward

Forward P/S shows whether today’s P/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
P/S
P/E
All Countries
Close
Market Cap P/S P/E
FR
Hermes International SCA
XMUN:HMI
173.8B EUR 10.9 38.4
FR
LVMH Moet Hennessy Louis Vuitton SE
PAR:MC
232B EUR 2.9 21.3
KR
SBW
KRX:102280
235.5T KRW 2 563.1 -117 637.1
CH
Compagnie Financiere Richemont SA
SIX:CFR
88.4B CHF 4.5 23.9
FR
EssilorLuxottica SA
PAR:EL
86.4B EUR 3 37.3
FR
Christian Dior SE
PAR:CDI
79.7B EUR 1 17.3
IN
Titan Company Ltd
NSE:TITAN
3.9T INR 5.2 82.3
FR
Kering SA
PAR:KER
29.9B EUR 2 415.1
CN
ANTA Sports Products Ltd
HKEX:2020
232.8B HKD 2.5 14.9
US
Tapestry Inc
NYSE:TPR
29.7B USD 4 56.8
DE
Adidas AG
XETRA:ADS
24.6B EUR 1 18.4
P/E Multiple
Earnings Growth PEG
FR
Hermes International SCA
XMUN:HMI
Average P/E: 72.6
38.4
12%
3.2
FR
LVMH Moet Hennessy Louis Vuitton SE
PAR:MC
21.3
11%
1.9
KR
SBW
KRX:102280
Negative Multiple: -117 637.1 N/A N/A
CH
Compagnie Financiere Richemont SA
SIX:CFR
23.9
16%
1.5
FR
EssilorLuxottica SA
PAR:EL
37.3
26%
1.4
FR
Christian Dior SE
PAR:CDI
17.3
N/A N/A
IN
Titan Company Ltd
NSE:TITAN
82.3
32%
2.6
FR
Kering SA
PAR:KER
415.1
186%
2.2
CN
ANTA Sports Products Ltd
HKEX:2020
14.9
10%
1.5
US
Tapestry Inc
NYSE:TPR
56.8
107%
0.5
DE
Adidas AG
XETRA:ADS
18.4
23%
0.8

Market Distribution

Higher than 92% of companies in France
Percentile
92nd
Based on 1 780 companies
92nd percentile
10.9
Low
0 — 0.5
Typical Range
0.5 — 2.1
High
2.1 —
Distribution Statistics
France
Min 0
30th Percentile 0.5
Median 1
70th Percentile 2.1
Max 34 178 916.3

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.

HMI Intrinsic Value
1 105.55 EUR
Overvaluation 33%
Intrinsic Value
Price €1 660.5
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