(ML) Compagnie Generale des - PA
Sector: Consumer Cyclical | Industry: Automobiles & Auto Parts | Exchange: PA (France) | Market Cap: 22.868m EUR | Total Return: 8.3% in 12m
Avg Turnover: 50.5M
EPS Trend: -51.7%
Rev. Trend: 0.2%
Qual. Beats: 0
Warnings
Earnings expected to drop: P/E 3.2 → Forward 9.0
Fakeout
Tailwinds
No distinct edge detected
Compagnie Générale des Établissements Michelin SCA (ML) is a France-based manufacturer specializing in the global production of tires for a wide range of consumer and professional applications. The company’s portfolio spans private transport, including automotive and two-wheel vehicles, as well as specialized industrial segments such as aviation, agriculture, and mining.
The business model relies on high-margin specialized segments and a transition toward a Beyond Tire strategy. This includes the development of high-tech materials, such as 3D metal printing and bio-sourced rubber, alongside digital mobility services and fleet management solutions. In the automotive parts sector, manufacturers often face high capital expenditure requirements and cyclical demand driven by global vehicle production rates and replacement cycles.
For a detailed breakdown of the companys financial health and valuation metrics, consider reviewing the latest data on ValueRay.
- Raw material price volatility impacts manufacturing margins and operating profitability
- Replacement tire demand resilience offsets weakness in new vehicle production
- Specialty segment growth in mining and agriculture drives premium price realization
- Strategic shift toward high-tech materials diversifies revenue beyond traditional tire sales
- Fluctuations in global freight volumes dictate commercial vehicle tire sales performance
| Net Income: 1.67b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.06 > 0.02 and ΔFCF/TA 0.15 > 1.0 |
| NWC/Revenue: 26.04% < 20% (prev 24.38%; Δ 1.66% < -1%) |
| CFO/TA 0.11 > 3% & CFO 3.82b > Net Income 1.67b |
| Net Debt (3.62b) to EBITDA (4.65b): 0.78 < 3 |
| Current Ratio: 1.90 > 1.5 & < 3 |
| Outstanding Shares: last quarter (697.7m) vs 12m ago -3.04% < -2% |
| Gross Margin: 27.00% > 18% (prev 30.39%; Δ -3.39% > 0.5%) |
| Asset Turnover: 71.83% > 50% (prev 72.80%; Δ -0.97% > 0%) |
| Interest Coverage Ratio: 10.05 > 6 (EBIT TTM 2.61b / Interest Expense TTM 260.0m) |
| A: 0.19 (Total Current Assets 14.3b - Total Current Liabilities 7.50b) / Total Assets 35.0b |
| B: 0.49 (Retained Earnings 17.0b / Total Assets 35.0b) |
| C: 0.07 (EBIT TTM 2.61b / Avg Total Assets 36.2b) |
| D: 1.07 (Book Value of Equity 18.1b / Total Liabilities 16.9b) |
| Altman-Z'' = 4.46 = AA |
| DSRI: 0.96 (Receivables 3.47b/3.77b, Revenue 26.0b/27.2b) |
| GMI: 1.13 (GM 30.39% / 27.00%) |
| AQI: 1.00 (AQ_t 0.22 / AQ_t-1 0.22) |
| SGI: 0.96 (Revenue 26.0b / 27.2b) |
| TATA: -0.06 (NI 1.67b - CFO 3.82b) / TA 35.0b) |
| Beneish M = -2.98 (Cap -4..+1) = A |
As of June 19, 2026, the stock is trading at EUR 33.40 with a total of 1,776,165 shares traded.
Over the past week, the price has changed by +2.68%,
over one month by +11.83%,
over three months by +16.70% and
over the past year by +8.29%.
Compagnie Generale des has no consensus analysts rating.
P/E Trailing = 3.2363
P/E Forward = 9.0171
P/S = 0.8845
P/B = 1.2157
P/EG = 6.991
Revenue TTM = 26.0b EUR
EBIT TTM = 2.61b EUR
EBITDA TTM = 4.65b EUR
Long Term Debt = 5.03b EUR (from longTermDebt, last quarter)
Short Term Debt = 854.0m EUR (from shortTermDebt, last quarter)
Debt = 7.59b EUR (from shortLongTermDebtTotal, last quarter) + Leases 983.0m
Net Debt = 3.62b EUR (calculated: Debt 7.59b - CCE 3.97b)
Enterprise Value = 26.5b EUR (22.9b + Debt 7.59b - CCE 3.97b)
Interest Coverage Ratio = 10.05 (Ebit TTM 2.61b / Interest Expense TTM 260.0m)
EV/FCF = 11.74x (Enterprise Value 26.5b / FCF TTM 2.26b)
FCF Yield = 8.52% (FCF TTM 2.26b / Enterprise Value 26.5b)
FCF Margin = 8.68% (FCF TTM 2.26b / Revenue TTM 26.0b)
Net Margin = 6.41% (Net Income TTM 1.67b / Revenue TTM 26.0b)
Gross Margin = 27.00% ((Revenue TTM 26.0b - Cost of Revenue TTM 19.0b) / Revenue TTM)
Gross Margin QoQ = 26.61% (prev 28.17%)
Tobins Q-Ratio = 0.76 (Enterprise Value 26.5b / Total Assets 35.0b)
Interest Expense / Debt = 3.43% (Interest Expense 260.0m / Debt 7.59b)
Taxrate = 26.31% (594.0m / 2.26b)
NOPAT = 1.92b (EBIT 2.61b * (1 - 26.31%))
Current Ratio = 1.90 (Total Current Assets 14.3b / Total Current Liabilities 7.50b)
Debt / Equity = 0.42 (Debt 7.59b / totalStockholderEquity, last quarter 18.1b)
Debt / EBITDA = 0.78 (Net Debt 3.62b / EBITDA 4.65b)
Debt / FCF = 1.60 (Net Debt 3.62b / FCF TTM 2.26b)
Total Stockholder Equity = 18.1b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.60% (Net Income 1.67b / Total Assets 35.0b)
RoE = 9.22% (Net Income TTM 1.67b / Total Stockholder Equity 18.1b)
RoCE = 11.31% (EBIT 2.61b / Capital Employed (Equity 18.1b + L.T.Debt 5.03b))
RoIC = 7.11% (NOPAT 1.92b / Invested Capital 27.1b)
WACC = 6.40% (E(22.9b)/V(30.5b) * Re(7.68%) + D(7.59b)/V(30.5b) * Rd(3.43%) * (1-Tc(0.26)))
Discount Rate = 7.68% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 4.49 | Cagr: -1.31%
[DCF] Terminal Value 74.89% ; FCFF base≈2.29b ; Y1≈2.23b ; Y5≈2.20b
[DCF] Fair Price = 43.33 (EV 34.5b - Net Debt 3.62b = Equity 30.9b / Shares 713.3m; r=8.35% [WACC [floored]]; 5y FCF grow -3.98% → 2.50% )
EPS Correlation: -51.73 | EPS CAGR: -10.98% | SUE: N/A | # QB: 0
Revenue Correlation: 0.21 | Revenue CAGR: 0.03% | SUE: -0.17 | # QB: 0
EPS current Year (2026-12-31): EPS=2.83 | Chg30d=-0.70% | Revisions=+17% | GrowthEPS=+21.3% | GrowthRev=+1.8%
EPS next Year (2027-12-31): EPS=3.26 | Chg30d=-0.83% | Revisions=+0% | GrowthEPS=+15.5% | GrowthRev=+3.7%
[Analyst] Revisions Ratio: +17%