Copyright © Inderes 2011 - present. All rights reserved.

H&M

149

 

SEK

 

-1.26 %

HM B

NASDAQ Stockholm

Personal Goods

Consumer Goods & Services

3,709 following
Compare
-1.26%
-4.12%
-19%
-23.27%
-15.64%
-15.56%
-14.21%
-22.77%
+6,308.6%

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.

Read more
Market cap
239.97B SEK
Turnover
280.99M SEK
P/E (adj.) (24e)
21.17
EV/EBIT (adj.) (24e)
17.52
P/B (24e)
4.96
EV/S (24e)
1.25
Dividend yield-% (24e)
4.53 %
Coverage
Recommendation
Reduce
Target price
160.00 SEK
Updated
2024-12-18
Latest research

Latest analysis report

Released: 2024-12-18

Latest extensive report

Released: 2023-10-09

Financial calendar
30/1
2025

Annual report '24

27/3
2025

Interim report Q1'25

7/5
2025

General meeting '24

Risk
Business risk
Valuation risk
Low
High
ShowingAll content types
H&M: Margin improvement expectations cut
Research by
Rauli Juva

H&M: Margin improvement expectations cut

We believe consumer demand has remained subdued in H&M’s Q4 (Sep-Nov), although the strong September should support growth. We have lowered our margin assumptions for 2025 and beyond.

H&M

Join Inderes community

Don't miss out - create an account and get all the possible benefits

Inderes account
Followings and notifications on followed companies
Analyst comments and recommendations
Stock comparison tool & other popular tools
Create account
Forum discussions
H&M Q2 out this morning. Q2 figures were clearly above our estimates with 3 % growth and a sharp increase in gross margin, however, they were well in line with the consensus. For June, company sees a 6 % decline in sales, which is obviously weak, and which the company attributes ...
6/27/2024, 6:23 AM
by Rauli Juva
4
Yes, these external factors are typically things impacting the whole industry and it has been there for a few quarters already. For this year the outlook is still supportive in this respect, but one should also bear in mind the pricing component, where H&M has said prices will go...
4/3/2024, 8:10 AM
by Rauli Juva
4
H&M Q2 was released this morning, key points: Sales in local currencies were flat, just below our and consensus expectation of +1%, and reported sales declined 3 % also slightly below expectations Gross margin was 51,1%, very much in line with expectations and close to comparison...
9/26/2024, 6:38 AM
by Rauli Juva
3
H&M redovisar resultatet för Q3’24 (juni-augusti) på torsdag. Vi förväntar oss att omsättningstillväxten blir något positiv i lokala valutor, men negativ i rapporterade termer. Vi förväntar oss att EBIT minskar jämfört med föregående år med en i stort sett stabil bruttomarginal och...
9/24/2024, 6:59 AM
by Jesper Hagman
3
Sammanfattning på nuläget i videoformat:
9/4/2024, 11:17 AM
by Isa Hudd
3
Vi tror att efterfrågan på HM har förblivit trög under Q3, samtidigt som företaget står inför flera motvindar vad gäller bruttomarginalen. Vi förväntar oss att detta kommer att resultera i ett svagare andra halvår än vi tidigare förväntat oss. Inderes H&M: We believe Q3 has been ...
8/29/2024, 6:52 AM
by Jesper Hagman
3
Is this a trend in the whole industry atm? Have competitors reported about a similar phenomenon? I could, of course, do my own research, but I think you might have a better view on this.
4/3/2024, 8:02 AM
by Teemu Hinkula
3
Read more on our forum
Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.