H&M
181.75 SEK +4.18%Hennes & Mauritz is a retail chain. The range consists of clothing, shoes, and accessories. The group also includes brands such as COS, Monki, Weekday, Cheap Monday, and Other Stories. Today, the company also conducts business in home furnishings via H&M Home. The company has a presence in all global regions. H&M was originally founded in 1947 and is headquartered in Stockholm, Sweden.
Log in to see the recommendation and risk by Inderes
Latest research
Extensive report
Analyst
Financial calendar
Major OwnersSource: Millistream Market Data AB
Owner | Capital | Votes |
---|---|---|
Stefan Persson and family | 57.6 % | 79.6 % |
Lottie Tham | 5.4 % | 2.6 % |
Premium
This content is for our Premium customers only.
Forum updates
Income statement
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
Revenue | 187,031.0 | 198,967.0 | 223,553.0 | 236,035.0 | 237,069.0 | 247,555.0 | 259,558.0 | 272,536.0 |
growth-% | -19.6 % | 6.4 % | 12.4 % | 5.6 % | 0.4 % | 4.4 % | 4.8 % | 5.0 % |
EBITDA | 29,052.0 | 37,575.0 | 29,748.0 | 37,492.0 | 42,640.4 | 46,434.8 | 47,590.6 | 48,870.7 |
EBIT (adj.) | 3,099.0 | 15,255.0 | 9,760.0 | 13,538.0 | 20,737.4 | 23,718.9 | 24,822.6 | 25,890.9 |
EBIT | 3,099.0 | 15,255.0 | 7,169.0 | 14,537.0 | 20,737.4 | 23,718.9 | 24,822.6 | 25,890.9 |
Profit before taxes | 2,052.0 | 14,300.0 | 6,216.0 | 13,010.0 | 18,916.4 | 22,218.9 | 23,622.6 | 25,390.9 |
Net income | 1,243.0 | 11,010.0 | 3,566.0 | 8,723.0 | 14,183.8 | 16,775.3 | 17,835.0 | 19,170.1 |
EPS (adj.) | 0.75 | 6.65 | 3.74 | 4.73 | 8.81 | 10.42 | 11.07 | 11.90 |
growth-% | -90.8 % | 785.8 % | -43.8 % | 26.4 % | 86.3 % | 18.3 % | 6.3 % | 7.5 % |
Dividend | 0.00 | 6.50 | 6.50 | 6.50 | 7.00 | 7.50 | 8.50 | 11.90 |
Dividend ratio | 97.7 % | 299.8 % | 120.9 % | 79.5 % | 72.0 % | 76.8 % | 100.0 % |
Login required
This content is only available for logged in users
Profitability and return on capital
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
EBITDA-% | 15.5 % | 18.9 % | 13.3 % | 15.9 % | 18.0 % | 18.8 % | 18.3 % | 17.9 % |
EBIT-% (adj.) | 1.7 % | 7.7 % | 4.4 % | 5.7 % | 8.7 % | 9.6 % | 9.6 % | 9.5 % |
EBIT-% | 1.7 % | 7.7 % | 3.2 % | 6.2 % | 8.7 % | 9.6 % | 9.6 % | 9.5 % |
ROE | 2.2 % | 19.2 % | 6.4 % | 17.7 % | 28.7 % | 31.1 % | 29.9 % | 29.4 % |
ROI | 3.0 % | 11.7 % | 5.7 % | 11.7 % | 16.5 % | 18.7 % | 19.6 % | 20.2 % |
Login required
This content is only available for logged in users
Valuation
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
Share price (SEK) | 172.00 | 178.08 | 112.24 | 176.62 | 181.75 | 181.75 | 181.75 | 181.75 |
Shares | 1,655.1 | 1,655.1 | 1,645.0 | 1,622.0 | 1,610.5 | 1,610.5 | 1,610.5 | 1,610.5 |
Market cap | 284,672.0 | 294,734.9 | 184,634.8 | 286,477.6 | 292,708.4 | 292,708.4 | 292,708.4 | 292,708.4 |
Enterprise value | 348,197.0 | 333,954.9 | 235,562.8 | 338,049.6 | 345,568.9 | 343,766.8 | 342,597.9 | 342,381.2 |
EV/S | 1.9 | 1.7 | 1.1 | 1.4 | 1.5 | 1.4 | 1.3 | 1.3 |
EV/EBITDA | 12.0 | 8.9 | 7.9 | 9.0 | 8.1 | 7.4 | 7.2 | 7.0 |
EV/EBIT (adj.) | 112.4 | 21.9 | 24.1 | 25.0 | 16.7 | 14.5 | 13.8 | 13.2 |
EV/EBIT | 112.4 | 21.9 | 32.9 | 23.3 | 16.7 | 14.5 | 13.8 | 13.2 |
P/E (adj.) | 229.0 | 26.8 | 30.0 | 37.4 | 20.6 | 17.4 | 16.4 | 15.3 |
P/E | 229.0 | 26.8 | 51.8 | 33.1 | 20.6 | 17.4 | 16.4 | 15.3 |
P/B | 5.2 | 4.9 | 3.6 | 6.0 | 5.7 | 5.2 | 4.7 | 4.3 |
P/S | 1.5 | 1.5 | 0.8 | 1.2 | 1.2 | 1.2 | 1.1 | 1.1 |
Dividend yield | 3.7 % | 5.8 % | 3.7 % | 3.9 % | 4.1 % | 4.7 % | 6.6 % | |
Equity ratio | 31.3 % | 33.4 % | 27.9 % | 26.3 % | 28.7 % | 31.2 % | 34.6 % | 36.2 % |
Gearing ratio | 116.3 % | 65.3 % | 100.3 % | 108.3 % | 103.2 % | 90.0 % | 79.8 % | 73.1 % |
Login required
This content is only available for logged in users
Quarter data
Q1/23 | Q2/23 | Q3/23 | Q4/23 | 2023 | Q1/24e | Q2/24e | Q3/24e | Q4/24e | |
---|---|---|---|---|---|---|---|---|---|
Revenue | 54,872.0 | 57,616.0 | 60,897.0 | 62,650.0 | 236,035.0 | 53,669.0 | 58,000.0 | 61,500.0 | 63,900.0 |
EBITDA | 6,230.0 | 10,234.0 | 10,466.0 | 10,562.0 | 37,492.0 | 7,480.0 | 11,530.0 | 12,080.0 | 11,550.4 |
EBIT | 725.0 | 4,741.0 | 4,739.0 | 4,332.0 | 14,537.0 | 2,077.0 | 6,030.0 | 6,580.0 | 6,050.4 |
Profit before taxes | 396.0 | 4,325.0 | 4,373.0 | 3,916.0 | 13,010.0 | 1,606.0 | 5,580.0 | 6,130.0 | 5,600.4 |
Net income | 540.0 | 3,288.0 | 3,319.0 | 1,576.0 | 8,723.0 | 1,201.0 | 4,185.0 | 4,597.5 | 4,200.3 |
Login required
This content is only available for logged in users
H&M Q1: Ahead of expectations thanks to strong gross margin
H & M Hennes & Mauritz AB: H&M's nomination committee proposes Helena Saxon as new board member
Join Inderes community
Don't miss out - create an account and get all the possible benefits