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STOCK COMPARISON

Pak Tak International vs H & M Hennes & Mauritz AB (publ): Fair Value & Quality

Both stocks run through our valuation models. Here is how Pak Tak International (2668) and H & M Hennes & Mauritz AB (publ) (HM-B) compare, as of Sep 14, 2026.

As of Sep 14, 2026, Fair Value Calculator sees H & M Hennes & Mauritz AB (publ) as the more attractively valued of the two: Pak Tak International trades at HK$0.52 versus a fair value of HK$0.26 (-49%), while H & M Hennes & Mauritz AB (publ) trades at SEK 164 versus SEK 165 (+1%).
Pak Tak International
2668.HK · HKD · Consumer Discretionary
-49%
upside to fair value
overvalued
PriceHK$0.52
Fair ValueHK$0.26
Quality21/100
H & M Hennes & Mauritz AB (publ)
HM-B.ST · SEK · Consumer Discretionary
+1%
upside to fair value
fairly valued
PriceSEK 164
Fair ValueSEK 165
Quality72/100
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Head-to-head numbers

Green value = the better side for that row (for valuation multiples: lower = cheaper).

Pak Tak InternationalH & M Hennes & Mauritz AB (publ)
Valuation
P/E (TTM)21.3×
0.45×P/S (TTM)1.19×
0.92×P/B6.10×
EV/EBITDA10.8×
PEG2.59×
−49.3%Fair value upside+0.7%
0.4%Dividend yield4.0%
Dividend per shareSEK 7.10
Profitability
-27%Operating margin11%
EBIT margin trend (5Y)4.76×
-49%Return on equity35%
-5%Return on assets7%
Growth
10%Revenue growth (YoY)-3%
1.9%Avg. growth/yr (3Y)0.7%
-23.8%Avg. growth/yr (5Y)4.1%
Value creation/yr+8.6%
Balance & size
Interest coverage (EBIT/interest)7.0×
0.04×Debt / equity0.43×
$348MMarket cap$27B
weakGrowth qualitymixed

H & M Hennes & Mauritz AB (publ) leads: 4 to 6 metric wins.

Dash = not meaningfully computable, for example with negative equity.

Quality in detail

The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.

Pak Tak Internationalof which business quality 22 · market factors 67 H & M Hennes & Mauritz AB (publ)of which business quality 69 · market factors 55
ProfitabilityMargins and returns on capital today
6
76
Quality GrowthAre margins and returns improving?
51
37
CashflowEarnings quality: real cash, not paper profit
22
65
Fin. StrengthBalance sheet, leverage, solvency risk
6
58
InvestmentDisciplined investing over empire-building
75
96
Low VolatilityCalm price path (market factor)
0
69
MomentumPrice trend over the last 3–12 months (market factor)
96
44
52W MomentumDistance to the 52-week high (market factor)
93
57
Net IssuanceShare count: buybacks or dilution?
0
89

What the models say

How far the median fair value (base case) per model family sits from the current price, in percent. The amount in the currency of the trading venue is shown underneath.

above the price, more than 15% above close to the price, 85% to 115% of the price below the price, more than 15% below

Model familyPak Tak InternationalPrice HK$0.52H & M Hennes & Mauritz AB (publ)Price SEK 164
DCF Models-90%below the priceHK$0.05+55%above the priceSEK 255
Earnings-Basedn/a-48%below the priceSEK 84.94
Dividend Discount-94%below the priceHK$0.03n/a
Multiples-92%below the priceHK$0.04+11%close to the priceSEK 182
Asset-Based-90%below the priceHK$0.05-88%below the priceSEK 20.51
Growth DCF-90%below the priceHK$0.05+48%above the priceSEK 244
Economic Profitn/a-33%below the priceSEK 110
Growth Earningsn/a-1%close to the priceSEK 162
Minimum-94%below the priceHK$0.03-88%below the priceSEK 20.51
Maximum-90%below the priceHK$0.05+55%above the priceSEK 255
Median-90%below the priceHK$0.05-1%close to the priceSEK 162
Geometric mean-92%below the priceHK$0.04-27%below the priceSEK 120

Minimum, maximum, median and geometric mean refer to the family values in this table. Geometric because deviations are ratios: half the price and twice the price average to 100%, not 125%.

Pak Tak International: 9 of 9 models see the stock below the current price.

H & M Hennes & Mauritz AB (publ): 10 of 24 models see the stock below the current price.

Scenario ranges

From our cautious bear scenario to the optimistic bull scenario. The white tick is the current price (value above it), the green tick the fair value (value below it): if the price sits left of the fair value, there is room to rise.

Pak Tak International
Price HK$0.52
Fair Value HK$0.26
Bear HK$0.20Bull HK$0.33
H & M Hennes & Mauritz AB (publ)
Price SEK 164
Fair Value SEK 165
Bear SEK 114Bull SEK 306

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Ranked within their sector

Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.

Pak Tak International · Consumer Discretionary

Quality score21 · bottom 25%
Fair value upside-49% · bottom 25%

H & M Hennes & Mauritz AB (publ) · Consumer Discretionary

Quality score72 · Top 25%
Fair value upside+1% · above median

Bottom line

As of Sep 14, 2026, Fair Value Calculator sees H & M Hennes & Mauritz AB (publ) as the more attractively valued of the two: Pak Tak International trades at HK$0.52 versus a fair value of HK$0.26 (-49%), while H & M Hennes & Mauritz AB (publ) trades at SEK 164 versus SEK 165 (+1%).

H & M Hennes & Mauritz AB (publ) has the higher quality score (72/100).

See the full analysis →

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A model-based valuation snapshot from 26 models. Values change with price and fundamentals; the date shown above applies.