Hermès International Société en commandite par actions engages in the production, wholesale, and retail of various goods. The company operates as a subsidiary of H51 SAS.
Products and Services
The company's offerings span various categories, ensuri…
Analysis
Hope premium
Hermès International Société en commandite par actions is priced well ahead of what the underlying numbers justify, a pattern we describe as a hope premium. Worth noting: the cash the business generates has lagged behind what the income statement shows.
On valuation, the picture is expensive. The owner-earnings multiple stands at 40.7×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 16% a year, against analyst forecasts of 11%. The gap between price and consensus is worth watching: demanding expectations.
Growth is moderate; the safety picture is sturdy. The company scores 18/20 on our value-creation score: strong value creator. Analyst sentiment is cautious.
Flags to be aware of: Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.
360° rank · history
1007550250
Jan 202335
26
2023202420252026
All-time high
65
Aug 2023
All-time low
18
Dec 2025
Average rank
40
across all years
Detailed & Historical Ranks
Deep dive into 15 detailed ranks and 3 years of history.
Current202520242023
Price/Sales
1
3
3
3
Price/Earnings
11
7
7
5
Price/Book
11
7
7
3
Dividend Yield
25
23
20
12
Value (overall)
3
3
5
4
Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.