PIRC Stock Analysis: Pirelli & C | MI
Auto Parts | MI, Italy | Market Cap: 7.198m EUR | 12M Return: 20.6% | IT0005278236 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 14.0M
EPS Trend: 48.8%
Qual. Beats: 0
Rev. Trend: 57.5%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
Seasonality 8.8 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: 524.2m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.05 > 0.02 and ΔFCF/TA -2.82 > 1.0 |
| NWC/Revenue: 14.37% < 20% (prev 5.23%; Δ 9.14% < -1%) |
| CFO/TA 0.09 > 3% & CFO 1.17b > Net Income 524.2m |
| Net Debt (-556.2m) to EBITDA (1.46b): -0.38 < 3 |
| Current Ratio: 1.33 > 1.5 & < 3 |
| Outstanding Shares: last quarter (1.08b) vs 12m ago 8.49% < -2% |
| Gross Margin: 59.90% > 18% (prev 63.93%; Δ -4.03% > 0.5%) |
| Asset Turnover: 51.80% > 50% (prev 79.58%; Δ -27.78% > 0%) |
| Interest Coverage Ratio: 2.98 > 6 (EBIT TTM 880.2m / Interest Expense TTM 295.7m) |
| A: 0.07 (Total Current Assets 3.95b - Total Current Liabilities 2.96b) / Total Assets 13.7b |
| B: 0.02 (Retained Earnings 273.1m / Total Assets 13.7b) |
| C: 0.07 (EBIT TTM 880.2m / Avg Total Assets 13.3b) |
| D: 0.92 (Book Value of Equity 6.40b / Total Liabilities 6.98b) |
| Altman-Z'' = 1.95 = BBB |
| DSRI: 1.64 (Receivables 1.04b/947.0m, Revenue 6.90b/10.3b) |
| GMI: 1.07 (GM 63.93% / 59.90%) |
| AQI: 0.94 (AQ_t 0.43 / AQ_t-1 0.46) |
| SGI: 0.67 (Revenue 6.90b / 10.3b) |
| TATA: -0.05 (NI 524.2m - CFO 1.17b) / TA 13.7b) |
| Beneish M = -2.72 (Cap -4..+1) = A |
As of August 27, 2026, the stock is trading at EUR 6.74 with a total of 1,659,277 shares traded. Over the past week, the price has changed by +3.30%, over one month by +5.07%, over three months by +15.78% and over the past year by +20.59%.
Current recommended Stop Loss: 6.30 (which is 6.5% or 3.4 ATR below the current price).
Pirelli & C has no consensus analysts rating.
P/E Trailing = 13.27
P/E Forward = 10.2669
P/S = 1.0248
P/B = 1.1253
Revenue TTM = 6.90b EUR
EBIT TTM = 880.2m EUR
EBITDA TTM = 1.46b EUR
Long Term Debt = 2.39b EUR (from longTermDebt, last quarter)
Short Term Debt = 280.6m EUR (from shortLongTermDebt, last quarter)
Debt = 459.3m EUR (Leases only: 459.3m)
Net Debt = -556.2m EUR (calculated: Debt 459.3m - CCE 1.02b)
Enterprise Value = 6.64b EUR (7.20b + Debt 459.3m - CCE 1.02b)
Interest Coverage Ratio = 2.98 (Ebit TTM 880.2m / Interest Expense TTM 295.7m)
EV/FCF = 9.60x (Enterprise Value 6.64b / FCF TTM 691.9m)
FCF Yield = 10.42% (FCF TTM 691.9m / Enterprise Value 6.64b)
FCF Margin = 10.03% (FCF TTM 691.9m / Revenue TTM 6.90b)
Net Margin = 7.60% (Net Income TTM 524.2m / Revenue TTM 6.90b)
Gross Margin = 59.90% ((Revenue TTM 6.90b - Cost of Revenue TTM 2.77b) / Revenue TTM)
Gross Margin QoQ = 61.15% (prev 67.78%)
Tobins Q-Ratio = 0.49 (Enterprise Value 6.64b / Total Assets 13.7b)
Interest Expense / Debt = 64.38% (Interest Expense 295.7m / Debt 459.3m)
Taxrate = 30.54% (248.8m / 814.6m)
NOPAT = 611.4m (EBIT 880.2m * (1 - 30.54%))
Current Ratio = 1.33 (Total Current Assets 3.95b / Total Current Liabilities 2.96b)
Debt / Equity = 0.07 (Debt 459.3m / totalStockholderEquity, last quarter 6.40b)
Debt / EBITDA = -0.38 (Net Debt -556.2m / EBITDA 1.46b)
Debt / FCF = -0.80 (Net Debt -556.2m / FCF TTM 691.9m)
Total Stockholder Equity = 6.24b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.94% (Net Income 524.2m / Total Assets 13.7b)
RoE = 8.40% (Net Income TTM 524.2m / Total Stockholder Equity 6.24b)
RoCE = 10.20% (EBIT 880.2m / Capital Employed (Equity 6.24b + L.T.Debt 2.39b))
RoIC = 5.90% (NOPAT 611.4m / Invested Capital 10.4b)
WACC = 7.26% (E(7.20b)/V(7.66b) * Re(7.72%) + (debt cost/tax rate unavailable))
Discount Rate = 7.72% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 28.71 | Cagr: -0.01%
[DCF] Terminal Value 73.10% ; FCFF base≈824.1m ; Y1≈722.7m ; Y5≈583.9m
[DCF] Fair Price = 9.15 (EV 9.37b - Net Debt -556.2m = Equity 9.93b / Shares 1.08b; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: 48.77 | EPS CAGR: 4.28% | SUE: 0.62 | # QB: 0
Revenue Correlation: 57.53 | Revenue CAGR: 11.64% | SUE: 0.09 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.12 | Chg30d=N/A | Revisions=+0% | Analysts=1
EPS current Year (2026-12-31): EPS=0.53 | Chg30d=-2.88% | Revisions=+0% | GrowthEPS=-9.2% | GrowthRev=+1.0%
EPS next Year (2027-12-31): EPS=0.58 | Chg30d=-1.42% | Revisions=+25% | GrowthEPS=+9.6% | GrowthRev=+3.8%
[Analyst] Revisions Ratio: +14% (up=11, down=8)