Interparfums (ITP) AI Stock Analysis

• Market Cap: €2.47B
• Dividend Yield: 3.21%
• Average Volume (3M): 45.52K
• Price to Earnings (P/E): 17.6
• Beta (1Y): 1.04
• Revenue Growth: 9.68%
• EPS Growth: 19.46%
• Country: FR
• Employees: 353
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Household & Personal Products
• EPS (TTM): 0.96
• Shares Outstanding: 83,727,850
• 10 Day Avg. Volume: 41,035
• 30 Day Avg. Volume: 45,522
• PEG Ratio: -2.41
• Price to Book (P/B): 4.25
• Price to Sales (P/S): 3.36
• P/FCF Ratio: 33.95
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €33.67
• Price Target Upside: 18.64% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 3

• Rating: 81 Outperform
• Price Target: €34.00 ▲(19.80% Upside)

Interparfums receives a strong overall score due to its robust financial performance, characterized by impressive revenue and profit growth, solid margins, and effective cash flow management. The valuation is attractive with a reasonable P/E ratio and a healthy dividend yield. Technical analysis shows short-term bullish momentum, though longer-term trends are bearish. The absence of earnings call data and corporate events did not impact the score.

Positive Factors

Revenue Growth

The consistent revenue growth indicates strong market demand and effective sales strategies, supporting long-term business expansion.

Cash Flow Management

Exceptional cash flow management enhances financial flexibility, allowing for strategic investments and resilience against economic fluctuations.

Balance Sheet Strength

A strong balance sheet with low leverage and high equity provides stability and reduces financial risk, supporting sustainable growth.

Negative Factors

Market Competition

Operating in a highly competitive luxury market can pressure margins and require continuous innovation to maintain market share.

Dependence on Licensed Brands

Heavy reliance on licensed brands can pose risks if partnerships change or end, potentially impacting revenue stability.

Limited Earnings Call Data

Lack of earnings call insights limits transparency and investor understanding of management's strategic direction and operational challenges.

Interparfums Business Overview & Revenue Model

Company Description

Interparfums SA creates, manufactures, and distributes perfumes through proprietary basis or license agreements with brands in ready-to-wear, fashion, jewelry, and accessories sectors. It serves customers under Boucheron, Coach, Jimmy Choo, Karl Lagerfeld, Kate Spade, Lanvin, Montblanc, Moncler, Paul Smith, Repetto, Rochas, S.T. Dupont, Van Cleef & Arpels, and other brand names. The company distributes its products through wholly owned distribution subsidiaries or joint ventures, independent companies, subsidiaries of luxury good corporations, and duty-free operators worldwide. Interparfums SA was founded in 1982 and is headquartered in Paris, France. Interparfums SA is a subsidiary of Interparfums Holding SA.

How the Company Makes Money

Interparfums generates revenue primarily through the sale of its fragrances, which are distributed globally via a combination of direct sales, retail partnerships, and e-commerce platforms. The company operates a dual revenue model that includes proprietary brands, which contribute significantly to its earnings, and licensed brands, where Interparfums earns royalties and fees for manufacturing and distributing fragrances on behalf of other brands. Key revenue streams include product sales to department stores, specialty retailers, and online channels. The company also benefits from partnerships with well-established fashion and lifestyle brands, which enhance its market presence and allow for collaborative product launches that attract a wider customer base, ultimately driving sales growth.

Interparfums Financial Statement Overview

Summary

Interparfums showcases a strong financial position across all verticals. The company enjoys impressive revenue and profit growth, solid profitability margins, and effective cash flow management. A strong balance sheet with low leverage and high equity provides financial stability, making Interparfums well-positioned for future growth.

Income Statement

Interparfums has shown robust revenue growth with a 10.3% increase from 2023 to 2024. Gross Profit Margin is strong at 65.6%, and the Net Profit Margin is healthy at 14.7%. The company also maintains strong EBIT and EBITDA margins at 20.2% and 22.8% respectively, indicating strong operational efficiency and profitability.

Balance Sheet

The balance sheet is solid with a low Debt-to-Equity Ratio of 0.21, indicating prudent use of leverage. The Return on Equity is impressive at 18.6%, reflecting efficient use of equity capital. The Equity Ratio is high at 67.5%, suggesting a strong equity base relative to assets, which provides stability.

Cash Flow

Interparfums demonstrates exceptional cash flow management with a significant Free Cash Flow growth rate of 185.8% from 2023 to 2024. The Operating Cash Flow to Net Income Ratio is 0.83, and the Free Cash Flow to Net Income Ratio is 0.67, highlighting strong cash conversion and financial flexibility.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	904.82M	880.49M	798.48M	706.62M	560.83M	367.37M
Gross Profit	594.94M	577.79M	516.07M	474.94M	365.64M	227.07M
EBITDA	222.58M	200.51M	192.15M	154.21M	117.16M	65.14M
Net Income	133.36M	129.87M	118.74M	99.52M	71.09M	30.70M
Balance Sheet
Total Assets	992.48M	1.03B	968.19M	987.98M	822.01M	616.79M
Cash, Cash Equivalents and Short-Term Investments	90.07M	190.64M	149.40M	235.76M	257.68M	228.16M
Total Debt	176.88M	147.47M	138.11M	159.96M	125.44M	19.99M
Total Liabilities	311.70M	334.36M	324.52M	393.33M	278.68M	122.68M
Stockholders Equity	679.63M	697.02M	641.00M	592.46M	541.41M	492.49M
Cash Flow
Free Cash Flow	112.61M	87.18M	30.51M	975.00K	-50.23M	35.32M
Operating Cash Flow	129.00M	107.71M	84.51M	78.82M	77.17M	45.99M
Investing Cash Flow	-52.53M	-18.16M	34.02M	-74.37M	-164.31M	-19.27M
Financing Cash Flow	-39.76M	-45.21M	-117.54M	-24.41M	78.58M	-817.00K

Interparfums Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 28.38
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FR:ITP, the sentiment is Negative. The current price of 28.38 is below the 20-day moving average (MA) of 29.00, below the 50-day MA of 29.58, and below the 200-day MA of 33.26, indicating a bearish trend. The MACD of -0.10 indicates Positive momentum. The RSI at 41.17 is Neutral, neither overbought nor oversold. The STOCH value of 1.32 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FR:ITP.

Interparfums Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ITP	―	€2.47B	17.64	20.31%	3.21%	9.68%	19.46%
MC	―	€305.97B	27.83	16.88%	2.13%	-3.24%	-21.24%
RMS	―	$227.91B	51.05	27.36%	1.19%	10.31%	0.54%
CDI	―	€101.93B	22.67	19.54%	2.27%	-3.24%	-21.65%
OR	―	€199.49B	32.70	20.13%	1.91%	2.60%	-5.44%
KER	―	€40.66B	55.78	4.91%	1.92%	-14.56%	-64.91%
Sector *	―	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%