H & M Hennes & Mauritz AB (CHIX:HMBS) ROCE %: 5.82% (As of Feb. 2026)


CHIX:HMBS H & M Hennes & Mauritz AB CHIX:HMBS
75 GF Score
Price kr164.48
GF Value kr154.65
Valuation Fairly Valued
! 4 Warning Signs
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What is H & M Hennes & Mauritz AB ROCE %?

H & M Hennes & Mauritz AB CHIX:HMBS 75 ROCE % is 5.82% as of Feb. 2026. GuruFocus rates CHIX:HMBS with a GF Score™ of 75/100 and a GF Value™ of kr154.65 (Fairly Valued). The stock has 4 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. H & M Hennes & Mauritz AB's annualized ROCE % for the quarter that ended in Feb. 2026 was 5.82%.

H & M Hennes & Mauritz AB  (CHIX:HMBs) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

H & M Hennes & Mauritz AB ROCE % Related Terms

H & M Hennes & Mauritz AB ROCE % Historical Data

* Premium members only.

The historical data trend for H & M Hennes & Mauritz AB's ROCE % can be seen below:

* 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 ROCE % Chart

H & M Hennes & Mauritz AB Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.05 6.31 13.35 16.04 16.97

H & M Hennes & Mauritz AB Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.57 23.07 20.60 24.95 5.82
CHIX:HMBS
75GF Score
H & M Hennes & Mauritz AB CHIX:HMBS
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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H & M Hennes & Mauritz AB ROCE % Calculation

H & M Hennes & Mauritz AB's annualized ROCE % for the fiscal year that ended in Nov. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Nov. 2025 )  (A: Nov. 2024 )(A: Nov. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Nov. 2025 )  (A: Nov. 2024 )(A: Nov. 2025 )
=18855/( ( (180214 - 66650) + (170273 - 61603) )/ 2 )
=18855/( (113564+108670)/ 2 )
=18855/111117
=16.97 %

H & M Hennes & Mauritz AB's ROCE % of for the quarter that ended in Feb. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Feb. 2026 )  (Q: Nov. 2025 )(Q: Feb. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Feb. 2026 )  (Q: Nov. 2025 )(Q: Feb. 2026 )
=6268/( ( (170273 - 61603) + (164092 - 57452) )/ 2 )
=6268/( ( 108670 + 106640 )/ 2 )
=6268/107655
=5.82 %

(1) Note: The EBIT data used here is four times the quarterly (Feb. 2026) EBIT 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 5.82% mean?
H & M Hennes & Mauritz AB (CHIX:HMBS) has a ROCE % of 5.82% as of Feb. 2026.
Is H & M Hennes & Mauritz AB's ROCE % too high?
H & M Hennes & Mauritz AB's current ROCE % is 5.82%. The Manufacturing - Apparel & Accessories industry median ROCE % is 6.14. H & M Hennes & Mauritz AB's value of 5.82% is 5.2% below this industry median. Overall, H & M Hennes & Mauritz AB has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does H & M Hennes & Mauritz AB's ROCE % compare to RL and LEVI?
H & M Hennes & Mauritz AB's ROCE % of 5.82% can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median ROCE % is 6.14. H & M Hennes & Mauritz AB's value of 5.82% is 5.2% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Manufacturing - Apparel & Accessories company?
The median ROCE % among Manufacturing - Apparel & Accessories companies is 6.14, based on 1,041 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. H & M Hennes & Mauritz AB's current ROCE % of 5.82% is 5.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Manufacturing - Apparel & Accessories industry, the median ROCE % is 6.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. H & M Hennes & Mauritz AB's current ROCE % is 5.82%. 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 (CHIX:HMBS) is currently considered Fairly Valued. The stock's GF Value™ is kr154.65, compared to a current price of kr164.48 — trading 6.4% above its estimated fair value. The current ROCE % is 5.82% and 5.2% below the Manufacturing - Apparel & Accessories industry median of 6.14. H & M Hennes & Mauritz AB's overall GF Score™ is 75/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For H & M Hennes & Mauritz AB (CHIX:HMBS), the current ROCE % is 5.82% as of Feb. 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 (CHIX:HMBS) Overvalued in 2026?

Based on GuruFocus' analysis, H & M Hennes & Mauritz AB stock appears to be overvalued. The current stock price of kr164.48 is trading 6.4% above its estimated GF Value™ of kr154.65. GuruFocus considers H & M Hennes & Mauritz AB to be Fairly Valued.

Key valuation signals for CHIX:HMBS:

  • ROCE %: 5.82%
  • GF Value™: kr154.65 vs. price of kr164.48 (6.4% above fair value)
  • GF Score™: 75/100 with 4 warning signs
  • Industry Position: 5.2% below the Manufacturing - Apparel & Accessories median

No single metric tells the full story. See the CHIX:HMBS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

H & M Hennes & Mauritz AB Business Description

Address Master Samuelsgatan 46A, Stockholm, SWE, SE-106 38
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 .
75GF Score

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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr164.48
Price
kr154.65
GF Value