HMB SS

H & M Hennes & Mauritz AB

Consumer


Presented:04/06/2016
Price:SEK269.85
Cap:$53.93B
Current Price:SEK174.80
Cap:$33.99B

Presented

Date04/06/2016
PriceSEK269.85
Market Cap$53.93B
Ent Value$54.02B
P/E Ratio22.14x
Book ValueSEK35.89
Div Yield0.0349%
Shares O/S1,655.07M
Ave Daily Vol3,206,510
Short IntN/A

Current

PriceSEK174.80
Market Cap$33.99B
Hennes & Mauritz AB engages in the sale of clothing, accessories, footwear, cosmetics, and home textiles. Its products include accessories, underwear, cosmetics, sportswear, and other apparels for men, women, and kids. It offers its brand through COS, Weekday, Cheap Monday, Monki, and H&M Home. The company was founded by Erling Persson in 1947 and is headquartered in Stockholm, Sweden.

Publicly traded companies mentioned herein: Associated British Foods plc (ABF LN), Fast Retailing Co Ltd (9983 JP), Gap Inc (GPS), Hennes & Mauritz AB (HMB SS), Mr Price Group Ltd (MPC SJ)

Highlights

The presenter is short shares Hennes & Mauritz (HMB SS; “HMB”), forecasting a difficult competitive environment. He feels HMB is still being credited as a “growth story” in terms of market valuation despite persistent earnings degradation and a general slowdown across retail. When investors “recalibrate” their view of the company, the presenter thinks multiples will contract and valuation will come down significantly as a result.

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Idea Discussion

Commentor 1 - 2 weeks ago

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