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H & M Hennes & Mauritz ABMIL:1HMB 51 Net Cash per Share is €-6.58 as of May. 2026. GuruFocus rates MIL:1HMB with a GF Score™ of 51/100 and a GF Value™ of €14.62 (Fairly Valued). The stock has 4 warning signs investors should review. Among 172 Manufacturing - Apparel & Accessories companies, H & M Hennes & Mauritz AB ranks worse than 581394.77% on this metric.
The historical rank and industry rank for H & M Hennes & Mauritz AB's Net Cash per Share or its related term are showing as below:
MIL:1HMB's Price-to-Net-Cash is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 6.92 * Ranked among companies with meaningful Price-to-Net-Cash only.
H & M Hennes & Mauritz AB (MIL:1HMB) Net Cash per Share Explanation
Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.
You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.
H & M Hennes & Mauritz AB Net Cash per Share Related Terms
H & M Hennes & Mauritz AB Net Cash per Share Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
H & M Hennes & Mauritz AB Net Cash per Share Chart
MIL:1HMB vs RL, LEVI, VFC: Net Cash per Share Comparison
For the Apparel Manufacturing subindustry, H & M Hennes & Mauritz AB's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
H & M Hennes & Mauritz AB Price-to-Net-Cash vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, H & M Hennes & Mauritz AB's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where H & M Hennes & Mauritz AB's Price-to-Net-Cash falls into.
H & M Hennes & Mauritz AB Net Cash per Share Calculation
In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.
H & M Hennes & Mauritz AB's Net Cash per Share for the fiscal year that ended in Nov. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
H & M Hennes & Mauritz AB (MIL:1HMB) has a Net Cash per Share of €-6.58 as of May. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on H & M Hennes & Mauritz AB and its competitors. According to the industry distribution chart, H & M Hennes & Mauritz AB ranks #999999 out of 172 companies in the Manufacturing - Apparel & Accessories industry.
Is H & M Hennes & Mauritz AB's Net Cash per Share too high?
H & M Hennes & Mauritz AB's current Net Cash per Share is €-6.58. Based on the distribution chart, H & M Hennes & Mauritz AB ranks #999999 out of 172 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, H & M Hennes & Mauritz AB has a GF Score™ of 51/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does H & M Hennes & Mauritz AB's Net Cash per Share compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, H & M Hennes & Mauritz AB ranks #999999 out of 172 companies for Net Cash per Share. This places H & M Hennes & Mauritz AB in the lower half of its industry. The industry median Net Cash per Share is 6.92. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for a Manufacturing - Apparel & Accessories company?
The median Net Cash per Share among Manufacturing - Apparel & Accessories companies is 6.92, based on 172 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on H & M Hennes & Mauritz AB and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Net Cash per Share is 6.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. H & M Hennes & Mauritz AB's current Net Cash per Share is €-6.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is H & M Hennes & Mauritz AB stock overvalued right now?
Based on GuruFocus' analysis, H & M Hennes & Mauritz AB (MIL:1HMB) is currently considered Fairly Valued. The stock's GF Value™ is €14.62, compared to a current price of €14.72 — trading 0.7% above its estimated fair value. The current Net Cash per Share is €-6.58. H & M Hennes & Mauritz AB's overall GF Score™ is 51/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For H & M Hennes & Mauritz AB (MIL:1HMB), the current Net Cash per Share is €-6.58 as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is H & M Hennes & Mauritz AB (MIL:1HMB) Overvalued in 2026?
Based on GuruFocus' analysis, H & M Hennes & Mauritz AB stock appears to be overvalued.
The current stock price of €14.72 is trading 0.7% above its estimated GF Value™ of €14.62.
GuruFocus considers H & M Hennes & Mauritz AB to be Fairly Valued.
Key valuation signals for MIL:1HMB:
Net Cash per Share: €-6.58
GF Value™: €14.62 vs. price of €14.72 (0.7% above fair value)
No single metric tells the full story. See the MIL:1HMB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
The H&M Group is a global multi-brand fashion conglomerate founded in 1947. Its flagship brand, H&M, generates the majority of the group's revenue, while ARKET, COS, and the secondhand platform Sellpy represent key sources of future growth. Geographically, 34% of group revenues are generated in Western Europe, followed by North and South America at 23%, and both Southern Europe and Asia, Oceania, and Africa at 13% each. The Nordic region accounts for approximately 9% of total sales.The company operates 4,101 stores (3,660 attributable to H&M brand) across 81 markets worldwide, the majority of which are leased. Online sales contributed slightly above 30% of total group revenue in financial 2025 .
51GF Score
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