(RMS) Hermes International SCA - Overview
Sector: Consumer Cyclical | Industry: Luxury Goods | Exchange: PA (France) | Market Cap: 168.208m EUR | Total Return: -30.8% in 12m
Avg Turnover: 119M
Warnings
Fakeout
Tailwinds
No distinct edge detected
Hermès International SCA (RMS) is a French luxury goods company founded in 1837. It operates in the production, wholesale, and retail sectors.
The companys product portfolio is diverse, encompassing leather goods, ready-to-wear apparel, accessories (jewelry, belts, hats, gloves, IoT products, shoes), silk and textiles, art de vivre items, beauty and perfume products, and watches. This broad luxury product offering is characteristic of many high-end brands aiming to capture various consumer spending categories.
Beyond product creation, Hermès is involved in several manufacturing processes, including weaving, engraving, printing, dyeing, finishing, and textile production. It also handles the purchasing, tanning, dyeing, finishing, and sale of tanneries and precious leathers, as well as the creation and production of metal parts. This vertical integration is a common strategy in the luxury sector to maintain quality control and brand exclusivity.
Distribution occurs through a global network of company-owned stores across France, Europe, Japan, Asia Pacific, the Americas, and the Middle East. Additionally, specialized stores sell watches, perfumes, and tableware. This direct-to-consumer model allows for greater control over brand image and customer experience.
Further analysis of RMSs financial performance and market position can be found on ValueRay.
- Luxury consumer spending drives global revenue growth
- Asia Pacific sales performance impacts overall profitability
- Supply chain disruptions affect leather goods production
- Brand exclusivity and pricing power maintain high margins
| Net Income: 4.52b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.36 > 0.02 and ΔFCF/TA 14.92 > 1.0 |
| NWC/Revenue: 79.52% < 20% (prev 48.66%; Δ 30.86% < -1%) |
| CFO/TA 0.44 > 3% & CFO 10.6b > Net Income 4.52b |
| Net Debt (-9.89b) to EBITDA (7.50b): -1.32 < 3 |
| Current Ratio: 4.99 > 1.5 & < 3 |
| Outstanding Shares: last quarter (105.0m) vs 12m ago 0.12% < -2% |
| Gross Margin: 71.11% > 18% (prev 0.70%; Δ 7.04k% > 0.5%) |
| Asset Turnover: 71.39% > 50% (prev 102.1%; Δ -30.68% > 0%) |
| Interest Coverage Ratio: 117.3 > 6 (EBITDA TTM 7.50b / Interest Expense TTM 56.0m) |
| A: 0.52 (Total Current Assets 15.9b - Total Current Liabilities 3.19b) / Total Assets 24.3b |
| B: 0.19 (Retained Earnings 4.52b / Total Assets 24.3b) |
| C: 0.29 (EBIT TTM 6.57b / Avg Total Assets 22.4b) |
| D: 0.90 (Book Value of Equity 4.94b / Total Liabilities 5.47b) |
| Altman-Z'' = 6.96 = AAA |
| DSRI: 2.04 (Receivables 833.0m/535.0m, Revenue 16.0b/20.9b) |
| GMI: 0.99 (GM 71.11% / 70.21%) |
| AQI: 0.89 (AQ_t 0.12 / AQ_t-1 0.14) |
| SGI: 0.76 (Revenue 16.0b / 20.9b) |
| TATA: -0.25 (NI 4.52b - CFO 10.6b) / TA 24.3b) |
| Beneish M = -2.68 (Cap -4..+1) = A |
As of May 28, 2026, the stock is trading at EUR 1634.00 with a total of 96,017 shares traded.
Over the past week, the price has changed by +0.74%,
over one month by -1.45%,
over three months by -19.64% and
over the past year by -30.77%.
Hermes International SCA has no consensus analysts rating.
P/E Trailing = 37.2563
P/E Forward = 36.2319
P/S = 10.5117
P/B = 8.9412
P/EG = 3.6985
Revenue TTM = 16.0b EUR
EBIT TTM = 6.57b EUR
EBITDA TTM = 7.50b EUR
Long Term Debt = 34.0m EUR (from longTermDebt, last quarter)
Short Term Debt = 325.0m EUR (from shortTermDebt, last quarter)
Debt = 2.35b EUR (from shortLongTermDebtTotal, last quarter) (leases 2.31b already included)
Net Debt = -9.89b EUR (calculated: Debt 2.35b - CCE 12.2b)
Enterprise Value = 158b EUR (168b + Debt 2.35b - CCE 12.2b)
Interest Coverage Ratio = 117.3 (Ebit TTM 6.57b / Interest Expense TTM 56.0m)
EV/FCF = 18.31x (Enterprise Value 158b / FCF TTM 8.65b)
FCF Yield = 5.46% (FCF TTM 8.65b / Enterprise Value 158b)
FCF Margin = 54.04% (FCF TTM 8.65b / Revenue TTM 16.0b)
Net Margin = 28.27% (Net Income TTM 4.52b / Revenue TTM 16.0b)
Gross Margin = 71.11% ((Revenue TTM 16.0b - Cost of Revenue TTM 4.62b) / Revenue TTM)
Gross Margin QoQ = 71.55% (prev 66.27%)
Tobins Q-Ratio = 6.51 (Enterprise Value 158b / Total Assets 24.3b)
Interest Expense / Debt = 2.39% (Interest Expense 56.0m / Debt 2.35b)
Taxrate = 31.11% (1.03b / 3.32b)
NOPAT = 4.53b (EBIT 6.57b * (1 - 31.11%))
Current Ratio = 4.99 (Total Current Assets 15.9b / Total Current Liabilities 3.19b)
Debt / Equity = 0.12 (Debt 2.35b / totalStockholderEquity, last quarter 18.8b)
Debt / EBITDA = -1.32 (Net Debt -9.89b / EBITDA 7.50b)
Debt / FCF = -1.14 (Net Debt -9.89b / FCF TTM 8.65b)
Total Stockholder Equity = 17.0b (last 4 quarters mean from totalStockholderEquity)
RoA = 20.18% (Net Income 4.52b / Total Assets 24.3b)
RoE = 26.68% (Net Income TTM 4.52b / Total Stockholder Equity 17.0b)
RoCE = 38.66% (EBIT 6.57b / Capital Employed (Equity 17.0b + L.T.Debt 34.0m))
RoIC = 21.12% (NOPAT 4.53b / Invested Capital 21.4b)
WACC = 7.78% (E(168b)/V(171b) * Re(7.87%) + D(2.35b)/V(171b) * Rd(2.39%) * (1-Tc(0.31)))
Discount Rate = 7.87% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 27.60 | Cagr: 0.02%
[DCF] Terminal Value 77.97% ; FCFF base≈6.88b ; Y1≈7.89b ; Y5≈11.6b
[DCF] Fair Price = 1.76k (EV 175b - Net Debt -9.89b = Equity 185b / Shares 104.8m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: -54.88 | EPS CAGR: -16.72% | SUE: 0.0 | # QB: 0
Revenue Correlation: 98.73 | Revenue CAGR: 9.82% | SUE: 0.01 | # QB: 0
EPS current Year (2026-12-31): EPS=44.63 | Chg30d=-2.53% | Revisions=-67% | GrowthEPS=+3.6% | GrowthRev=+5.1%
EPS next Year (2027-12-31): EPS=51.61 | Chg30d=-2.54% | Revisions=-68% | GrowthEPS=+15.7% | GrowthRev=+9.4%
[Analyst] Revisions Ratio: -68%