PIRC Stock Analysis: Pirelli & C | MI
Auto Parts | MI, Italy | Market Cap: 7.572m EUR | 12M Return: 17.1% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 15.0M
EPS Trend: 73.2%
Qual. Beats: 0
Rev. Trend: 79.9%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality 8.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Pirelli & C. S.p.A. is an Italian tire manufacturer founded in 1872 and headquartered in Milan, producing tires for cars, motorcycles, and bicycles. The company sells globally across Europe, North America, Asia-Pacific, South America, Russia, India, the Middle East, and Africa, distributing through its own stores as well as to vehicle manufacturers, retailers, specialized distributors, and car dealers.
Its product range spans consumer, racing, rally, and classic-car tires under the Pirelli brand, alongside motorcycle tires sold under both Pirelli and Metzeler labels and bicycle tires across road, gravel, mountain bike, and e-bike categories. The company also markets proprietary technologies including Run Flat and Seal Inside puncture-mitigation systems, the Pirelli Noise Cancelling System (PNCS), and the Elect line dedicated to electric vehicles.
Pirelli operates within the Consumer Discretionary sector, where tire demand is driven by both original equipment contracts with automakers and the more cyclical aftermarket replacement segment, and the company is generally positioned in the premium tier of the global tire market alongside a small group of high-end competitors.
- Premium tire pricing offsets rising natural rubber costs
- European OEM auto production volumes drive original equipment sales
- Electric vehicle tire demand accelerates with Pirelli Elect lineup
| Net Income: 641.2m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.06 > 0.02 and ΔFCF/TA -0.65 > 1.0 |
| NWC/Revenue: 14.81% < 20% (prev 8.76%; Δ 6.04% < -1%) |
| CFO/TA 0.09 > 3% & CFO 1.26b > Net Income 641.2m |
| Net Debt (-473.8m) to EBITDA (1.71b): -0.28 < 3 |
| Current Ratio: 1.50 > 1.5 & < 3 |
| Outstanding Shares: last quarter (1.08b) vs 12m ago 8.49% < -2% |
| Gross Margin: 60.38% > 18% (prev 63.35%; Δ -2.97% > 0.5%) |
| Asset Turnover: 63.95% > 50% (prev 64.08%; Δ -0.13% > 0%) |
| Interest Coverage Ratio: 3.74 > 6 (EBIT TTM 1.13b / Interest Expense TTM 303.2m) |
| A: 0.09 (Total Current Assets 3.84b - Total Current Liabilities 2.56b) / Total Assets 13.5b |
| B: 0.01 (Retained Earnings 143.7m / Total Assets 13.5b) |
| C: 0.08 (EBIT TTM 1.13b / Avg Total Assets 13.4b) |
| D: 0.99 (Book Value of Equity 6.58b / Total Liabilities 6.66b) |
| Altman-Z'' = 2.26 = BBB |
| DSRI: 0.94 (Receivables 943.7m/1.00b, Revenue 8.60b/8.57b) |
| GMI: 1.05 (GM 63.35% / 60.38%) |
| AQI: 0.97 (AQ_t 0.43 / AQ_t-1 0.45) |
| SGI: 1.00 (Revenue 8.60b / 8.57b) |
| TATA: -0.05 (NI 641.2m - CFO 1.26b) / TA 13.5b) |
| Beneish M = -3.05 (Cap -4..+1) = AA |
As of July 11, 2026, the stock is trading at EUR 6.88 with a total of 1,654,342 shares traded. Over the past week, the price has changed by -1.43%, over one month by +12.69%, over three months by +11.87% and over the past year by +17.05%.
Current recommended Stop Loss: 6.60 (which is 4.1% or 1.8 ATR below the current price).
Pirelli & C has no consensus analysts rating.
P/E Trailing = 13.6863
P/E Forward = 10.2669
P/S = 1.0795
P/B = 1.1509
Revenue TTM = 8.60b EUR
EBIT TTM = 1.13b EUR
EBITDA TTM = 1.71b EUR
Long Term Debt = 2.42b EUR (from longTermDebt, last quarter)
Short Term Debt = 302.1m EUR (from shortLongTermDebt, last quarter)
Debt = 470.2m EUR (Leases only: 470.2m)
Net Debt = -473.8m EUR (calculated: Debt 470.2m - CCE 944.0m)
Enterprise Value = 7.10b EUR (7.57b + Debt 470.2m - CCE 944.0m)
Interest Coverage Ratio = 3.74 (Ebit TTM 1.13b / Interest Expense TTM 303.2m)
EV/FCF = 8.59x (Enterprise Value 7.10b / FCF TTM 826.5m)
FCF Yield = 11.64% (FCF TTM 826.5m / Enterprise Value 7.10b)
FCF Margin = 9.61% (FCF TTM 826.5m / Revenue TTM 8.60b)
Net Margin = 7.46% (Net Income TTM 641.2m / Revenue TTM 8.60b)
Gross Margin = 60.38% ((Revenue TTM 8.60b - Cost of Revenue TTM 3.41b) / Revenue TTM)
Gross Margin QoQ = 67.78% (prev 42.27%)
Tobins Q-Ratio = 0.53 (Enterprise Value 7.10b / Total Assets 13.5b)
Interest Expense / Debt = 64.49% (Interest Expense 303.2m / Debt 470.2m)
Taxrate = 30.26% (298.3m / 985.7m)
NOPAT = 791.4m (EBIT 1.13b * (1 - 30.26%))
Current Ratio = 1.50 (Total Current Assets 3.84b / Total Current Liabilities 2.56b)
Debt / Equity = 0.07 (Debt 470.2m / totalStockholderEquity, last quarter 6.58b)
Debt / EBITDA = -0.28 (Net Debt -473.8m / EBITDA 1.71b)
Debt / FCF = -0.57 (Net Debt -473.8m / FCF TTM 826.5m)
Total Stockholder Equity = 6.02b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.77% (Net Income 641.2m / Total Assets 13.5b)
RoE = 10.65% (Net Income TTM 641.2m / Total Stockholder Equity 6.02b)
RoCE = 13.44% (EBIT 1.13b / Capital Employed (Equity 6.02b + L.T.Debt 2.42b))
RoIC = 7.52% (NOPAT 791.4m / Invested Capital 10.5b)
WACC = 7.74% (E(7.57b)/V(8.04b) * Re(8.22%) + (debt cost/tax rate unavailable))
Discount Rate = 8.22% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 0.0 | Cagr: -0.01%
[DCF] Terminal Value 74.18% ; FCFF base≈857.8m ; Y1≈798.9m ; Y5≈728.0m
[DCF] Fair Price = 11.05 (EV 11.5b - Net Debt -473.8m = Equity 12.0b / Shares 1.08b; r=8.35% [WACC [floored]]; 5y FCF grow -8.64% → 2.50% )
EPS Correlation: 73.23 | EPS CAGR: 9.58% | SUE: 0.72 | # QB: 0
Revenue Correlation: 79.89 | Revenue CAGR: 16.56% | SUE: 0.04 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.14 | Chg30d=-16.86% | Revisions=+0% | Analysts=1
EPS next Quarter (2026-09-30): EPS=0.13 | Chg30d=-2.54% | Revisions=-25% | Analysts=1
EPS current Year (2026-12-31): EPS=0.55 | Chg30d=-0.16% | Revisions=+10% | GrowthEPS=-6.5% | GrowthRev=+1.0%
EPS next Year (2027-12-31): EPS=0.59 | Chg30d=+0.12% | Revisions=-18% | GrowthEPS=+7.9% | GrowthRev=+3.8%
[Analyst] Revisions Ratio: -11% (up=7, down=9)