André, RosárioCalisto, Catarina Marisa Ferreira2024-10-182024-02-022023-12-20http://hdl.handle.net/10362/173685This individual report includes some fundamental insights regarding Hermès International and the industry with the purpose of attaining and comprehending the company’s valuation result. These insights include the assessment of the firm’s financial health, the industry overview and underlying market trends, challenges and opportunities shaping the market. In addition, it also offers both a short and long-term perspective for Europe (excluding France), France, and the Americas. Complementary to this it also offers a detailed analysis of the forecasts made. Using the DFC model for valuing Hermès International, a price target of €2122,5 was attained for December 31, 2024, which corresponds to a total expected return to the shareholders of 5.54%, considering a dividend yield of 0.64% and a capital gain of 4.89% a HOLD recommendation is issued.engMarketFranceValuationProfitabilityLuxuryHermèsHeritagemaster thesis203603842