Added to YB: 2024-09-19
Pitch date: 2024-09-19
RMS.PA [bullish]
Hermès International Société en commandite par actions
+10.47%
current return
Author Info
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Company Info
Hermès International Société en commandite par actions engages in the production, wholesale, and retail of various goods.
Market Cap
EUR 219.4B
Pitch Price
EUR 2.0K
Price Target
N/A
Dividend
1.24%
EV/EBITDA
29.53
P/E
49.04
EV/Sales
13.45
Sector
Textiles, Apparel and Luxury Goods
Category
growth
Luxury and Legacy: Investing in Hermès International
RMS.PA: Opened position in 180-year-old luxury leader. Birkin bags beat inflation. Pricing power, craftsmanship yield software-like margins. Transitions well (saddles to scarves to leather). Expensive but justified. Not screaming buy, but likely to remain top luxury brand. Steady growth expected.
Read full article (1 min)