TacticScaleWhat Interparfums Does & How It Makes Money (IPAR)
Updated October 2026 · reflects Interparfums's latest reported financials
Fragrance maker licensing luxury and fashion brand perfumes worldwide. It makes money by manufacturing and wholesaling branded fragrances to department stores, perfumeries, specialty stores, duty-free shops and distributors, plus some e-commerce sales.
How Interparfums makes money
It makes money by manufacturing and wholesaling branded fragrances to department stores, perfumeries, specialty stores, duty-free shops and distributors, plus some e-commerce sales. The brands are mainly licensed or owned trademarks.
What Interparfums does
Interparfums, Inc. is a New York-based fragrance company founded in 1982, formerly known as Jean Philippe Fragrances. It develops, manufactures and distributes perfumes and fragrance-related products for a large portfolio of fashion and luxury names, including Boucheron, Coach, Jimmy Choo, Karl Lagerfeld, Kate Spade, Lanvin, Moncler, Montblanc, Rochas, Van Cleef & Arpels, Abercrombie & Fitch, DKNY, Ferragamo, GUESS and Roberto Cavalli, and also holds the Lacoste trademark among others. The business is split into European Based Operations and United States Based Operations. Its products reach consumers through department stores, perfumeries, specialty retailers, duty-free shops, wholesalers and distributors, and e-commerce sites, both in the U.S. and internationally.
Products & services
- Coach fragrances
- Jimmy Choo fragrances
- Montblanc fragrances
- Lacoste fragrances
- Van Cleef & Arpels fragrances
- Lanvin fragrances
What is Interparfums worth?
On an owner-earnings DCF, Interparfums's most-likely value is about $131 versus a recent price near $112 (17% below fair value). But TacticScale only calls a stock undervalued when the price sits below its conservative no-growth floor (~$69) with a margin of safety — so the honest verdict here is “Fairly priced — no edge.” Fair value earns its keep only at the extremes, not in the wide middle.
Price sits in the normal range — fair value isn't actionable here; it earns its keep only when price drops below the no-growth floor, or runs to roughly double the optimistic case.
Analysis, not advice. Fair value is a margin-of-safety estimate from a deterministic owner-earnings DCF, not a price target or recommendation. See the full breakdown →
Related companies
Coty (COTY) · Capri (CPRI) · International Flavors & Fragrances (IFF) · The Estée Lauder Companies (EL)