(ML) Compagnie Generale des - Ratings and Ratios
Tires, Mobility Services, Accessories, High-Tech Materials
Description: ML Compagnie Generale des
Compagnie Générale des Établissements Michelin SCA (PA:ML) is a French multinational tire manufacturing company that produces and sells tires for various applications, including private and professional use, and offers related services such as mobility solutions and high-tech materials. The company has a diversified product portfolio, serving customers across multiple industries, including automotive, agriculture, construction, and aerospace.
From a financial perspective, Michelin has a significant market presence, with a market capitalization of €22.6 billion. The companys return on equity (RoE) stands at 21.56%, indicating a strong ability to generate profits from shareholder equity. Additionally, the forward price-to-earnings (P/E) ratio is 9.02, suggesting that the stock may be undervalued relative to its expected earnings growth. Other key performance indicators (KPIs) to monitor include revenue growth, operating margins, and cash flow generation.
Michelins business model is diversified across different segments, including original equipment (OE), replacement sales, and services. The companys focus on innovation and sustainability is evident in its development of high-tech materials and mobility solutions. As a Trading Analyst, it is essential to monitor the companys progress in these areas, as well as its ability to adapt to changing market trends and consumer demands.
To further evaluate Michelins stock, it is crucial to analyze its valuation multiples, such as the price-to-book (P/B) ratio, and compare them to industry peers. Additionally, monitoring the companys dividend yield and payout ratio can provide insights into its commitment to returning value to shareholders. By examining these KPIs and staying up-to-date on the companys developments, a more comprehensive understanding of Michelins investment potential can be gained.
ML Stock Overview
| Market Cap in USD | 24,564m |
| Sub-Industry | Automotive Parts & Equipment |
| IPO / Inception |
ML Stock Ratings
| Growth Rating | 27.3% |
| Fundamental | 74.4% |
| Dividend Rating | 75.6% |
| Return 12m vs S&P 500 | -20.8% |
| Analyst Rating | - |
ML Dividends
| Dividend Yield 12m | 4.68% |
| Yield on Cost 5y | 6.99% |
| Annual Growth 5y | 28.19% |
| Payout Consistency | 83.4% |
| Payout Ratio | 0.0% |
ML Growth Ratios
| Growth Correlation 3m | -59.3% |
| Growth Correlation 12m | 19.4% |
| Growth Correlation 5y | 64.2% |
| CAGR 5y | 9.05% |
| CAGR/Max DD 3y (Calmar Ratio) | 0.36 |
| CAGR/Mean DD 3y (Pain Ratio) | 1.19 |
| Sharpe Ratio 12m | 0.15 |
| Alpha | -25.27 |
| Beta | 1.087 |
| Volatility | 17.89% |
| Current Volume | 1488.7k |
| Average Volume 20d | 1361.9k |
| Stop Loss | 28.6 (-3%) |
| Signal | -0.04 |
Piotroski VR‑10 (Strict, 0-10) 9.0
| Net Income (3.07b TTM) > 0 and > 6% of Revenue (6% = 2.88b TTM) |
| FCFTA 0.13 (>2.0%) and ΔFCFTA 7.56pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 13.72% (prev 14.22%; Δ -0.50pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.24 (>3.0%) and CFO 8.57b > Net Income 3.07b (YES >=105%, WARN >=100%) |
| Net Debt (4.40b) to EBITDA (7.62b) ratio: 0.58 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.80 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (714.3m) change vs 12m ago -0.75% (target <= -2.0% for YES) |
| Gross Margin 29.45% (prev 26.27%; Δ 3.18pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 135.1% (prev 124.3%; Δ 10.81pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 8.05 (EBITDA TTM 7.62b / Interest Expense TTM 537.0m) >= 6 (WARN >= 3) |
Altman Z'' 4.41
| (A) 0.19 = (Total Current Assets 14.78b - Total Current Liabilities 8.19b) / Total Assets 35.55b |
| (B) 0.45 = Retained Earnings (Balance) 16.02b / Total Assets 35.55b |
| (C) 0.12 = EBIT TTM 4.32b / Avg Total Assets 35.50b |
| (D) 0.86 = Book Value of Equity 15.40b / Total Liabilities 17.82b |
| Total Rating: 4.41 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 74.43
| 1. Piotroski 9.0pt = 4.0 |
| 2. FCF Yield 18.44% = 5.0 |
| 3. FCF Margin 9.83% = 2.46 |
| 4. Debt/Equity 0.42 = 2.41 |
| 5. Debt/Ebitda 0.58 = 2.25 |
| 6. ROIC - WACC (= 5.32)% = 6.65 |
| 7. RoE 17.02% = 1.42 |
| 8. Rev. Trend 12.36% = 0.93 |
| 9. EPS Trend -13.51% = -0.68 |
What is the price of ML shares?
Over the past week, the price has changed by -5.33%, over one month by -6.26%, over three months by -8.33% and over the past year by -10.39%.
Is Compagnie Generale des a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of ML is around 27.75 EUR . This means that ML is currently overvalued and has a potential downside of -5.9%.
Is ML a buy, sell or hold?
What are the forecasts/targets for the ML price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 36.2 | 22.8% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 30.7 | 4.2% |
ML Fundamental Data Overview
Market Cap EUR = 21.17b (21.17b EUR * 1.0 EUR.EUR)
P/E Trailing = 2.8984
P/E Forward = 9.0171
P/S = 0.8333
P/B = 1.4564
Beta = 1.0866
Revenue TTM = 47.97b EUR
EBIT TTM = 4.32b EUR
EBITDA TTM = 7.62b EUR
Long Term Debt = 4.89b EUR (from longTermDebt, last quarter)
Short Term Debt = 1.84b EUR (from shortTermDebt, last quarter)
Debt = 7.52b EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = 4.40b EUR (from netDebt column, last quarter)
Enterprise Value = 25.57b EUR (21.17b + Debt 7.52b - CCE 3.12b)
Interest Coverage Ratio = 8.05 (Ebit TTM 4.32b / Interest Expense TTM 537.0m)
FCF Yield = 18.44% (FCF TTM 4.72b / Enterprise Value 25.57b)
FCF Margin = 9.83% (FCF TTM 4.72b / Revenue TTM 47.97b)
Net Margin = 6.40% (Net Income TTM 3.07b / Revenue TTM 47.97b)
Gross Margin = 29.45% ((Revenue TTM 47.97b - Cost of Revenue TTM 33.84b) / Revenue TTM)
Gross Margin QoQ = 28.17% (prev 31.13%)
Tobins Q-Ratio = 0.72 (Enterprise Value 25.57b / Total Assets 35.55b)
Interest Expense / Debt = 1.74% (Interest Expense 131.0m / Debt 7.52b)
Taxrate = 26.96% (155.0m / 575.0m)
NOPAT = 3.16b (EBIT 4.32b * (1 - 26.96%))
Current Ratio = 1.80 (Total Current Assets 14.78b / Total Current Liabilities 8.19b)
Debt / Equity = 0.42 (Debt 7.52b / totalStockholderEquity, last quarter 17.72b)
Debt / EBITDA = 0.58 (Net Debt 4.40b / EBITDA 7.62b)
Debt / FCF = 0.93 (Net Debt 4.40b / FCF TTM 4.72b)
Total Stockholder Equity = 18.04b (last 4 quarters mean from totalStockholderEquity)
RoA = 8.63% (Net Income 3.07b / Total Assets 35.55b)
RoE = 17.02% (Net Income TTM 3.07b / Total Stockholder Equity 18.04b)
RoCE = 18.86% (EBIT 4.32b / Capital Employed (Equity 18.04b + L.T.Debt 4.89b))
RoIC = 13.04% (NOPAT 3.16b / Invested Capital 24.22b)
WACC = 7.73% (E(21.17b)/V(28.69b) * Re(10.02%) + D(7.52b)/V(28.69b) * Rd(1.74%) * (1-Tc(0.27)))
Discount Rate = 10.02% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -0.36%
[DCF Debug] Terminal Value 75.29% ; FCFE base≈3.64b ; Y1≈4.49b ; Y5≈7.66b
Fair Price DCF = 129.8 (DCF Value 92.59b / Shares Outstanding 713.3m; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: -13.51 | EPS CAGR: -64.40% | SUE: -0.75 | # QB: 0
Revenue Correlation: 12.36 | Revenue CAGR: -17.87% | SUE: 1.04 | # QB: 1