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HM B logo

H & M Hennes & Mauritz AB (publ)OM:HM B Stock Report

Market Cap SEK 291.7b
Share Price
SEK 181.90
My Fair Value
n/a
1Y16.8%
7D5.3%
Portfolio Value
​
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H & M Hennes & Mauritz AB (publ)

OM:HM B Stock Report

Market Cap: SEK 291.7b

H & M Hennes & Mauritz (HM B) Stock Overview

Provides clothing, accessories, footwear, cosmetics, home textiles, and homeware for women, men, and children worldwide. More details

HM B fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance4/6
Financial Health6/6
Dividends2/6

Rewards

Trading at 55.1% below our estimate of its fair value

Earnings are forecast to grow 12.01% per year

Earnings have grown 18.1% per year over the past 5 years

Risk Analysis

Dividend of 3.74% is not well covered by earnings


HM B Community Fair Values

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See what 32 others think this stock is worth. Follow their fair value or set your own to get alerts.

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H & M Hennes & Mauritz

Discount Rates And New Store Formats Will Support Long-Term Performance

Key Takeaways Strategic focus on organic growth and store optimization suggests potential revenue increase and enhanced net margins through improved store layouts and online platforms. Emphasis on sustainability and digital expansion positions H&M for potential top-line growth and strengthened brand loyalty with value-driven customers.
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SEK 149.78
FV
21.4% overvalued intrinsic discount
2.19%
Revenue growth p.a.
0users have liked this narrative
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23users have followed this narrative
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H & M Hennes & Mauritz

Fast Fashion Disruption Will Drain Margins Despite Digital Gains

Key Takeaways Shifts toward sustainable consumption, rising labor and compliance costs, and digital competitors threaten H&M's margins, sales growth, and brand value over time. Store closures, supply chain volatility, and global trade disruptions risk operational efficiency, asset values, and a stable earnings outlook.
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SEK 102.71
FV
77.1% overvalued intrinsic discount
-0.34%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
0users have followed this narrative
HM B logo
H & M Hennes & Mauritz

Sustainability And Digital Trends Will Open Global Markets

Key Takeaways Enhanced pricing, premium brand growth, and digital innovation may drive higher margins, operational efficiency, and outperform analyst expectations for revenue and profitability. Strategic global expansion, supply chain consolidation, and a culture of innovation position the company for persistent cash flow growth and increased market share.
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SEK 164.04
FV
10.9% overvalued intrinsic discount
4.40%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
1users have followed this narrative
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H & M Hennes & Mauritz AB (publ) Competitors

Price History & Performance

Summary of share price highs, lows and changes for H & M Hennes & Mauritz
Historical stock prices
Current Share PriceSEK 181.90
52 Week HighSEK 185.50
52 Week LowSEK 120.00
Beta1.1
1 Month Change3.59%
3 Month Change27.07%
1 Year Change16.83%
3 Year Change54.55%
5 Year Change3.74%
Change since IPO7,219.94%

Recent News & Updates

H & M Hennes & Mauritz (STO:HM B) Has Announced A Dividend Of SEK3.40

Oct 18
H & M Hennes & Mauritz (STO:HM B) Has Announced A Dividend Of SEK3.40

Why H & M Hennes & Mauritz's (STO:HM B) Earnings Are Better Than They Seem

Oct 05
Why H & M Hennes & Mauritz's (STO:HM B) Earnings Are Better Than They Seem

Recent updates

H & M Hennes & Mauritz (STO:HM B) Has Announced A Dividend Of SEK3.40

Oct 18
H & M Hennes & Mauritz (STO:HM B) Has Announced A Dividend Of SEK3.40

Why H & M Hennes & Mauritz's (STO:HM B) Earnings Are Better Than They Seem

Oct 05
Why H & M Hennes & Mauritz's (STO:HM B) Earnings Are Better Than They Seem

H & M Hennes & Mauritz (STO:HM B) Has Announced A Dividend Of SEK3.40

Oct 02
H & M Hennes & Mauritz (STO:HM B) Has Announced A Dividend Of SEK3.40

Results: H & M Hennes & Mauritz AB (publ) Beat Earnings Expectations And Analysts Now Have New Forecasts

Sep 29
Results: H & M Hennes & Mauritz AB (publ) Beat Earnings Expectations And Analysts Now Have New Forecasts

Subdued Growth No Barrier To H & M Hennes & Mauritz AB (publ)'s (STO:HM B) Price

Sep 25
Subdued Growth No Barrier To H & M Hennes & Mauritz AB (publ)'s (STO:HM B) Price

H & M Hennes & Mauritz (STO:HM B) Seems To Use Debt Quite Sensibly

Jul 28
H & M Hennes & Mauritz (STO:HM B) Seems To Use Debt Quite Sensibly

H & M Hennes & Mauritz's (STO:HM B) Dividend Will Be SEK3.40

Jul 10
H & M Hennes & Mauritz's (STO:HM B) Dividend Will Be SEK3.40

Analyst Estimates: Here's What Brokers Think Of H & M Hennes & Mauritz AB (publ) (STO:HM B) After Its Half-Yearly Report

Jun 30
Analyst Estimates: Here's What Brokers Think Of H & M Hennes & Mauritz AB (publ) (STO:HM B) After Its Half-Yearly Report

H & M Hennes & Mauritz (STO:HM B) Will Pay A Dividend Of SEK3.40

Jun 26
H & M Hennes & Mauritz (STO:HM B) Will Pay A Dividend Of SEK3.40

Is There Now An Opportunity In H & M Hennes & Mauritz AB (publ) (STO:HM B)?

Jun 13
Is There Now An Opportunity In H & M Hennes & Mauritz AB (publ) (STO:HM B)?

Earnings Not Telling The Story For H & M Hennes & Mauritz AB (publ) (STO:HM B)

May 26
Earnings Not Telling The Story For H & M Hennes & Mauritz AB (publ) (STO:HM B)

H & M Hennes & Mauritz (STO:HM B) Is Paying Out A Larger Dividend Than Last Year

May 08
H & M Hennes & Mauritz (STO:HM B) Is Paying Out A Larger Dividend Than Last Year

H & M Hennes & Mauritz (STO:HM B) Has Announced That It Will Be Increasing Its Dividend To SEK3.40

Apr 10
H & M Hennes & Mauritz (STO:HM B) Has Announced That It Will Be Increasing Its Dividend To SEK3.40

H & M Hennes & Mauritz's (STO:HM B) Earnings Seem To Be Promising

Apr 05
H & M Hennes & Mauritz's (STO:HM B) Earnings Seem To Be Promising

H & M Hennes & Mauritz AB (publ) Just Missed Earnings - But Analysts Have Updated Their Models

Mar 30
H & M Hennes & Mauritz AB (publ) Just Missed Earnings - But Analysts Have Updated Their Models

H & M Hennes & Mauritz (STO:HM B) Has Announced That It Will Be Increasing Its Dividend To SEK3.40

Mar 27
H & M Hennes & Mauritz (STO:HM B) Has Announced That It Will Be Increasing Its Dividend To SEK3.40

H & M Hennes & Mauritz (STO:HM B) May Have Issues Allocating Its Capital

Mar 24
H & M Hennes & Mauritz (STO:HM B) May Have Issues Allocating Its Capital

H & M Hennes & Mauritz (STO:HM B) Seems To Use Debt Rather Sparingly

Mar 10
H & M Hennes & Mauritz (STO:HM B) Seems To Use Debt Rather Sparingly

H & M Hennes & Mauritz AB (publ) (STO:HM B) Not Flying Under The Radar

Jan 20
H & M Hennes & Mauritz AB (publ) (STO:HM B) Not Flying Under The Radar

H & M Hennes & Mauritz (STO:HM B) Has A Rock Solid Balance Sheet

Dec 04
H & M Hennes & Mauritz (STO:HM B) Has A Rock Solid Balance Sheet

H & M Hennes & Mauritz (STO:HM B) Is Reinvesting At Lower Rates Of Return

Nov 18
H & M Hennes & Mauritz (STO:HM B) Is Reinvesting At Lower Rates Of Return
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Revamping Digital Experience And Critical Store Placements Propel Brand Growth Forward

Investment in shopping experience, enhancing digital presence, and high-profile marketing boosts brand perception, aiming to drive revenue and market share growth.

Shareholder Returns

HM BSE Specialty RetailSE Market
7D5.3%4.5%0.7%
1Y16.8%20.9%4.2%

Return vs Industry: HM B underperformed the Swedish Specialty Retail industry which returned 20.9% over the past year.

Return vs Market: HM B exceeded the Swedish Market which returned 4.2% over the past year.

Price Volatility

Is HM B's price volatile compared to industry and market?
HM B volatility
HM B Average Weekly Movement3.8%
Specialty Retail Industry Average Movement6.0%
Market Average Movement5.7%
10% most volatile stocks in SE Market11.9%
10% least volatile stocks in SE Market3.1%

Stable Share Price: HM B has not had significant price volatility in the past 3 months compared to the Swedish market.

Volatility Over Time: HM B's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1943140,000Daniel Erverhmgroup.com

H & M Hennes & Mauritz AB (publ) provides clothing, accessories, footwear, cosmetics, home textiles, and homeware for women, men, and children worldwide. It offers sportswear, shoes, bags, accessories, ready-to-wear, activewear, and jeans; interior products, including bed linens, dinnerware, textiles, furniture, and lighting; and beauty products, such as makeup and fragrance collections. The company provides its products under the H&M, H&M HOME, H&M Move, H&M Beauty, COS, Cheap Monday, Weekday, Monki, & Other Stories, ARKET, and Singular Society brand names.

H & M Hennes & Mauritz AB (publ) Fundamentals Summary

How do H & M Hennes & Mauritz's earnings and revenue compare to its market cap?
HM B fundamental statistics
Market capSEK 291.66b
Earnings (TTM)SEK 10.78b
Revenue (TTM)SEK 231.26b
27.0x
P/E Ratio
1.3x
P/S Ratio

Is HM B overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HM B income statement (TTM)
RevenueSEK 231.26b
Cost of RevenueSEK 108.56b
Gross ProfitSEK 122.69b
Other ExpensesSEK 111.91b
EarningsSEK 10.78b

Last Reported Earnings

Aug 31, 2025

Next Earnings Date

Jan 29, 2026

Earnings per share (EPS)6.73
Gross Margin53.06%
Net Profit Margin4.66%
Debt/Equity Ratio34.4%

How did HM B perform over the long term?

See historical performance and comparison

Dividends

3.7%
Current Dividend Yield
101%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/15 11:59
End of Day Share Price 2025/11/14 00:00
Earnings2025/08/31
Annual Earnings2024/11/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

H & M Hennes & Mauritz AB (publ) is covered by 60 analysts. 24 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
José RitoBanco BPI, S.A.
Carlos Javier Treviño PeinadorBanco Santander