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Compagnie Générale des Établissements Michelin Société en commandite par actions (ML.PA)

EUR34.25 -0.48 (-1.38%)
FR PAR Consumer Cyclical Auto - Parts
Address 23, Place Des Carmes Dechaux 63040
Clermont-Ferrand, FR
CEO Florent Menegaux
Website michelin.com
IPO 2000-01-03
ISIN FR001400AJ45

Explore sections of this company profile

Also trades on Euronext Paris · ML.PA (EUR) Other OTC · MGDDF (USD) Other OTC · MGDDY (USD)
Description

Compagnie Générale des Établissements Michelin Société en commandite par actions is a global leader in the production and distribution of tires. The company provides a comprehensive array of tires for personal vehicles, including automobiles, racing, bicycles, motorcycles, scooters, and mopeds. Additionally, it supplies specialized tires for professional and industrial uses such as freight and passenger transportation, agricultural equipment, construction and industrial machinery, mining and quarry operations, corporate vehicle fleets, tradespeople, civil and military applications, light rail systems, and aircraft. Beyond its core tire business, Michelin offers a range of associated services, encompassing the development of mobility solutions for fleet managers, vehicle manufacturers, farmers, distributors, and individual customers. Its mobility-focused offerings also extend to practical tools like road maps, mobile applications, itinerary planning, and travel guides. Furthermore, the company diversifies into lifestyle products, featuring car and bike accessories, shoe soles, and sporting and leisure gear. Michelin is also engaged in high-tech materials, with initiatives in 3D metal printing, specialty rubbers, and sustainable biosourced and recycled materials. Founded in 1863, the company maintains its headquarters in Clermont-Ferrand, France.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
EUR34.25 -0.48 (-1.38%)
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Volume Profile
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Liquidity & share structure
Average Volume
2M
Beta
1.20
Float Shares
657.23M
Free Float %
95.6%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+1.65% -1.01% +2.17% -8.40% +11.94% +11.30% -5.91% +18.64% +0.19% +38.02% +317.35%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (1 ratings, all time) Hold
Price Targets & DCF
Current price
34.25
DCF (Unlevered) 34.52 +0.8%
DCF (Levered) 56.94 +66.2%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 43% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 6 0
Hold 7 0
Sell 0 0
Strong Sell 1 0
Quality scores
Altman Z-Score
3.68
Safe zone
Piotroski F-Score
6 / 9
Average
MOAT Score
3 / 10
No MOAT
Composite Rating
A
Overall Score
4 / 5
High
DCF Score
4 / 5
High
ROE Score
4 / 5
High
ROA Score
4 / 5
High
D/E Score
3 / 5
Medium
P/E Score
3 / 5
Medium
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • ✗
    Revenue growth Auto - Parts: +7.8%
    -4.4% Q4'25: +36.6% (vs Q4'23)
  • ✗
    EPS growth Auto - Parts: +18.0%
    -11.1% Q4'25: +11.3% (vs Q4'23)
  • ✓
    FCF margin FCF growth · Auto - Parts: +53.1%
    +7.5% Q4'25: +11.2% (vs Q4'23)
  • ✗
    EBIT margin Auto - Parts: +7.5%
    +10.1% ★ Q4'25: +10.0% (vs Q4'23)
  • ✗
    ROIC Auto - Parts: +6.4%
    +9.3% ★ Q4'25: +27.8% (vs Q4'23)
  • ✓
    Share dilution Auto - Parts: +0.0%
    -0.5% ★ Q4'25: -3.0% (vs Q4'23)
  • ✓
    Debt / EBITDA Net debt/EBITDA · Auto - Parts: 0.27×
    1.42× Q4'25: 0.48× (vs Q4'23)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
▶ WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.20) × ERP
WACC = 77% × Ke + 23% × Kd (5.4%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
—
Intrinsic value (base): 34.52 Current price: 34.25
Enterprise Value: — Equity Value: — Terminal Value: — TV as % of EV: —

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2001
actual 		Dec 2002
actual 		Dec 2003
actual 		Dec 2004
actual 		Dec 2005
actual 		Dec 2006
actual 		Dec 2007
actual 		Dec 2008
actual 		Dec 2009
actual 		Dec 2010
actual 		Dec 2011
actual 		Dec 2012
actual 		Dec 2013
actual 		Dec 2014
actual 		Dec 2015
actual 		Dec 2016
actual 		Dec 2017
actual 		Dec 2018
actual 		Dec 2019
actual 		Dec 2020
actual 		Dec 2021
actual 		Dec 2022
actual 		Dec 2023
actual 		Dec 2024
actual 		Dec 2025
actual 		Dec 2026
13 Rev. Ana.
12 EPS Ana. 		Dec 2027
13 Rev. Ana.
12 EPS Ana. 		Dec 2028
10 Rev. Ana.
8 EPS Ana. 		Dec 2029
5 Rev. Ana.
6 EPS Ana. 		Dec 2030
5 Rev. Ana.
6 EPS Ana.
Revenue
16.06B
est.
15.65B
est: 15.99B (-2.2%)
15.37B
est: 15.55B (-1.1%)
15.05B
est: 16.10B (-6.5%)
15.59B
est: 15.59B (0.0%)
16.38B
est: 16.76B (-2.3%)
16.87B
est: 17.27B (-2.4%)
16.41B
est: 16.78B (-2.2%)
14.81B
est: 15.08B (-1.8%)
17.89B
est: 17.90B (-0.1%)
20.72B
est: 20.96B (-1.1%)
21.47B
est: 21.96B (-2.2%)
20.25B
est: 20.76B (-2.5%)
19.55B
est: 19.88B (-1.6%)
21.20B
est: 21.13B (+0.3%)
20.91B
est: 20.83B (+0.4%)
21.96B
est: 21.98B (-0.1%)
22.03B
est: 21.68B (+1.6%)
24.14B
est: 23.91B (+0.9%)
20.47B
est: 20.59B (-0.6%)
23.80B
est: 23.25B (+2.3%)
28.59B
est: 27.90B (+2.5%)
28.34B
est: 27.75B (+2.2%)
27.19B
est: 27.24B (-0.2%)
25.99B
est: 25.83B (+0.6%)
26.48B
25.98B – 27.09B
+2.5% YoY
27.66B
26.94B – 28.98B
+4.5% YoY
28.55B
28.50B – 28.61B
+3.2% YoY
32.21B
31.48B – 33.35B
+12.8% YoY
33.34B
32.59B – 34.53B
+3.5% YoY
EBITDA
1.50B
est.
2.17B
est: 1.29B (+68.0%)
2.31B
est: 1.60B (+44.1%)
2.01B
est: 1.57B (+28.0%)
2.36B
est: 1.40B (+67.9%)
2.07B
est: 1.97B (+5.2%)
2.19B
est: 1.57B (+39.7%)
1.70B
est: 1.59B (+6.9%)
1.41B
est: 1.09B (+29.2%)
2.70B
est: 1.12B (+141.4%)
3.16B
est: 2.70B (+17.2%)
3.55B
est: 3.14B (+13.1%)
3.11B
est: 3.01B (+3.4%)
3.15B
est: 2.56B (+22.9%)
3.81B
est: 2.86B (+33.3%)
4.07B
est: 3.01B (+35.3%)
3.87B
est: 3.87B (-0.2%)
3.86B
est: 3.50B (+10.3%)
4.48B
est: 3.69B (+21.5%)
3.17B
est: 3.16B (+0.6%)
4.54B
est: 3.60B (+26.1%)
4.90B
est: 3.67B (+33.3%)
4.89B
est: 4.86B (+0.6%)
4.39B
est: 4.22B (+4.0%)
4.65B
est: 4.52B (+2.8%)
4.63B
4.55B – 4.74B
+2.5% YoY
4.84B
4.71B – 5.07B
+4.5% YoY
5.00B
4.99B – 5.01B
+3.2% YoY
5.64B
5.51B – 5.84B
+12.8% YoY
5.83B
5.70B – 6.04B
+3.5% YoY
EBIT
1.07B
est.
1.23B
est: 983.45M (+24.6%)
1.14B
est: 1.23B (-7.3%)
985.00M
est: 853.38M (+15.4%)
1.55B
est: 1.02B (+52.7%)
1.26B
est: 1.69B (-25.7%)
1.37B
est: 1.15B (+18.5%)
775.00M
est: 1.28B (-39.5%)
469.00M
est: 757.67M (-38.1%)
1.79B
est: 534.13M (+235.1%)
2.23B
est: 1.98B (+12.3%)
2.53B
est: 2.04B (+24.1%)
1.98B
est: 2.33B (-15.0%)
1.93B
est: 1.89B (+2.2%)
2.21B
est: 2.15B (+2.7%)
2.80B
est: 2.17B (+28.9%)
2.63B
est: 2.95B (-10.9%)
2.52B
est: 2.59B (-3.0%)
2.63B
est: 2.81B (-6.4%)
1.27B
est: 2.31B (-45.3%)
2.73B
est: 2.64B (+3.2%)
3.00B
est: 2.69B (+11.5%)
2.88B
est: 2.87B (+0.3%)
2.63B
est: 3.10B (-15.0%)
2.61B
est: 2.67B (-2.2%)
2.74B
2.69B – 2.80B
+2.5% YoY
2.86B
2.78B – 3.00B
+4.5% YoY
2.95B
2.95B – 2.96B
+3.2% YoY
3.33B
3.25B – 3.45B
+12.8% YoY
3.45B
3.37B – 3.57B
+3.5% YoY
Net Income
414.89M
est.
842.74M
est: 297.95M (+182.8%)
881.64M
est: 564.86M (+56.1%)
645.00M
est: 329.34M (+95.8%)
889.00M
est: 495.96M (+79.2%)
572.00M
est: 955.70M (-40.1%)
772.00M
est: 589.40M (+31.0%)
357.00M
est: 751.97M (-52.5%)
106.00M
est: 323.56M (-67.2%)
1.05B
est: 125.82M (+733.7%)
1.46B
est: 1.23B (+19.2%)
1.57B
est: 1.53B (+2.5%)
1.13B
est: 1.48B (-23.9%)
1.03B
est: 1.08B (-4.5%)
1.17B
est: 1.11B (+4.8%)
1.68B
est: 1.15B (+45.8%)
1.70B
est: 1.77B (-4.0%)
1.68B
est: 1.67B (+0.1%)
1.75B
est: 1.85B (-5.3%)
632.00M
est: 1.51B (-58.0%)
1.84B
est: 1.72B (+7.2%)
2.00B
est: 2.38B (-15.8%)
1.98B
est: 1.92B (+3.3%)
1.88B
est: 2.32B (-18.7%)
1.67B
est: 1.66B (+0.2%)
1.76B
1.71B – 2.12B
+6.1% YoY
2.13B
1.94B – 2.48B
+20.8% YoY
2.39B
2.01B – 3.31B
+12.0% YoY
3.79B
3.68B – 3.96B
+58.7% YoY
4.37B
4.24B – 4.57B
+15.4% YoY
SGA
5.34B
est.
5.15B
est: 5.28B (-2.4%)
5.00B
est: 5.01B (-0.2%)
986.00M
est: 5.18B (-80.9%)
999.00M
est: 4.69B (-78.7%)
965.00M
est: 2.98B (-67.6%)
2.74B
est: 2.85B (-3.8%)
2.89B
est: 2.66B (+8.6%)
2.76B
est: 2.60B (+6.3%)
3.08B
est: 3.28B (-6.0%)
3.33B
est: 3.61B (-7.8%)
3.54B
est: 3.52B (+0.5%)
3.49B
est: 3.37B (+3.5%)
3.44B
est: 3.36B (+2.4%)
3.64B
est: 3.73B (-2.5%)
3.67B
est: 3.60B (+1.9%)
3.73B
est: 3.59B (+3.8%)
3.08B
est: 3.64B (-15.3%)
3.37B
est: 3.48B (-3.3%)
3.06B
est: 2.85B (+7.4%)
3.27B
est: 3.26B (+0.4%)
3.42B
est: 3.32B (+2.9%)
3.55B
est: 3.57B (-0.6%)
3.49B
est: 3.56B (-1.8%)
3.44B
est: 3.32B (+3.6%)
3.40B
3.34B – 3.48B
+2.5% YoY
3.56B
3.46B – 3.73B
+4.5% YoY
3.67B
3.66B – 3.68B
+3.2% YoY
4.14B
4.05B – 4.29B
+12.8% YoY
4.29B
4.19B – 4.44B
+3.5% YoY
EPS
2.65
est.
1.03
est: 3.24 (-68.2%)
1.49
est: 1.89 (-21.3%)
1.08
est: 4.49 (-75.9%)
1.48
est: 5.13 (-71.2%)
0.95
est: 4.61 (-79.4%)
1.29
est: 6.77 (-80.9%)
0.60
est: 3.85 (-84.4%)
0.17
est: 1.39 (-87.8%)
1.76
est: 5.98 (-70.6%)
2.04
est: 7.46 (-72.7%)
2.05
est: 9.20 (-77.7%)
1.52
est: 7.36 (-79.3%)
1.38
est: 7.30 (-81.1%)
1.57
est: 1.87 (-15.8%)
2.30
est: 2.09 (+10.1%)
2.35
est: 2.32 (+1.5%)
2.34
est: 2.42 (-3.2%)
2.42
est: 2.56 (-5.5%)
0.88
est: 1.14 (-23.0%)
2.58
est: 2.69 (-4.1%)
2.81
est: 3.06 (-8.2%)
2.78
est: 2.69 (+3.4%)
2.65
est: 3.22 (-17.8%)
2.36
est: 2.47 (-4.3%)
2.68
2.40 – 2.98
+8.8% YoY
3.20
2.72 – 3.47
+19.4% YoY
3.59
2.82 – 4.64
+12.2% YoY
5.31
5.15 – 5.56
+47.7% YoY
6.13
5.95 – 6.41
+15.4% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 A 4/5 4/5 4/5 4/5 3/5 3/5 4/5
2026-05-28 A 4/5 4/5 4/5 4/5 3/5 3/5 4/5
2026-05-27 A 4/5 4/5 4/5 4/5 3/5 3/5 4/5
2026-05-26 A 4/5 4/5 4/5 4/5 3/5 3/5 4/5
2026-05-25 A 4/5 4/5 4/5 4/5 3/5 3/5 4/5
2026-05-22 A 4/5 4/5 4/5 4/5 3/5 3/5 4/5
2026-05-21 A- 4/5 4/5 4/5 4/5 2/5 3/5 4/5
2026-05-20 A- 4/5 4/5 4/5 4/5 2/5 3/5 4/5
2026-05-19 A 4/5 4/5 4/5 4/5 2/5 4/5 4/5
2026-05-18 A 4/5 4/5 4/5 4/5 2/5 4/5 4/5
2026-05-15 A 4/5 4/5 4/5 4/5 2/5 4/5 4/5
2026-05-14 A 4/5 4/5 4/5 4/5 2/5 4/5 4/5
2026-05-13 A 4/5 4/5 4/5 4/5 2/5 4/5 4/5
2026-05-12 A 4/5 4/5 4/5 4/5 2/5 4/5 4/5
2026-05-11 A 4/5 4/5 4/5 4/5 2/5 4/5 4/5
2026-05-08 A 4/5 4/5 4/5 4/5 2/5 4/5 4/5
2026-05-07 A 4/5 4/5 4/5 4/5 2/5 4/5 4/5
2026-05-06 A 4/5 4/5 4/5 4/5 2/5 4/5 4/5
2026-05-05 A- 4/5 4/5 3/5 4/5 2/5 4/5 4/5
2026-05-04 A- 4/5 4/5 3/5 4/5 2/5 4/5 4/5
2026-04-30 A- 4/5 4/5 3/5 4/5 2/5 4/5 4/5
2026-04-29 A 4/5 4/5 3/5 5/5 2/5 4/5 4/5
2026-04-28 A 4/5 4/5 3/5 5/5 2/5 4/5 4/5
2026-04-27 A 4/5 4/5 3/5 5/5 2/5 4/5 4/5
2026-04-24 A 4/5 4/5 3/5 5/5 2/5 4/5 4/5
2026-04-23 A- 4/5 4/5 3/5 5/5 1/5 4/5 4/5
2026-04-22 A- 4/5 4/5 3/5 5/5 1/5 4/5 4/5
2026-04-21 A- 4/5 4/5 3/5 5/5 1/5 4/5 4/5
2026-04-20 A- 4/5 4/5 3/5 5/5 1/5 4/5 4/5
2026-04-17 A- 4/5 4/5 3/5 5/5 1/5 4/5 4/5
2026-04-16 A- 4/5 4/5 3/5 5/5 1/5 4/5 4/5
2026-04-15 A- 4/5 4/5 3/5 5/5 1/5 4/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
990.31M
OE per share TTM
1.32
Owner's Yield
4.50%
Maintenance CapEx ratio
1,003.45%
Maint CapEx / Avg PPE
51.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
—
Total invested
—
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives

Executive team data is not available for this company yet.

EBIT / Employee
22.1K
Shares Outstanding
687.60M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

ESG Score History

No data available for this company.

Company data will be available after the next weekly refresh.
Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

Share your view on this stock and instantly see how the community has voted over the last 6 months.

These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits

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