ML Stock Analysis: Compagnie Generale des | PA
Automobiles & Auto Parts | PA, France | Market Cap: 22.868m EUR | 12M Return: 18.2% | FR001400AJ45 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 49.0M
EPS Trend: -51.7%
Rev. Trend: 67.8%
Qual. Beats: 1
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 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.
Michelin (PA: ML) is a France-based global tire manufacturer founded in 1863 and headquartered in Clermont-Ferrand. The company operates across both consumer and professional tire segments, serving private vehicles (cars, motorcycles, bicycles, scooters) and a wide range of commercial and industrial applications including freight transport, agriculture, construction, mining, aviation, and military operations. Beyond its core tire business, Michelin has expanded into mobility services (fleet management solutions, digital travel tools, maps and guides), lifestyle products (car and bike accessories, shoe soles, sports gear), and high-tech materials (3D metal printing, specialty and recycled rubber). This diversification reflects a broader industry trend where tire manufacturers are evolving into mobility solution providers rather than remaining pure product suppliers. As a large-cap stock in the Consumer Discretionary sector, Michelin competes in the global automotive parts and equipment industry, where scale, brand strength, and distribution networks are key competitive advantages.
- tire segments lift margins above commodity peers
- Chinese tire imports pressure European replacement market pricing
- Natural rubber and carbon black costs weigh on gross margins
| Net Income: 2.01b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.07 > 0.02 and ΔFCF/TA 2.18 > 1.0 |
| NWC/Revenue: 18.06% < 20% (prev 24.62%; Δ -6.56% < -1%) |
| CFO/TA 0.12 > 3% & CFO 4.13b > Net Income 2.01b |
| Net Debt (5.99b) to EBITDA (5.89b): 1.02 < 3 |
| Current Ratio: 1.65 > 1.5 & < 3 |
| Outstanding Shares: last quarter (695.4m) vs 12m ago -3.53% < -2% |
| Gross Margin: 27.40% > 18% (prev 47.18%; Δ -19.78% > 0.5%) |
| Asset Turnover: 90.03% > 50% (prev 75.21%; Δ 14.82% > 0%) |
| Interest Coverage Ratio: 13.39 > 6 (EBIT TTM 3.35b / Interest Expense TTM 250.0m) |
| A: 0.16 (Total Current Assets 14.7b - Total Current Liabilities 8.93b) / Total Assets 35.9b |
| B: 0.47 (Retained Earnings 16.9b / Total Assets 35.9b) |
| C: 0.09 (EBIT TTM 3.35b / Avg Total Assets 35.7b) |
| D: 0.95 (Book Value of Equity 17.5b / Total Liabilities 18.4b) |
| Altman-Z'' = 4.22 = AA |
| DSRI: 0.84 (Receivables 4.04b/4.03b, Revenue 32.2b/26.7b) |
| GMI: 1.72 (GM 47.18% / 27.40%) |
| AQI: 1.02 (AQ_t 0.22 / AQ_t-1 0.22) |
| SGI: 1.20 (Revenue 32.2b / 26.7b) |
| TATA: -0.06 (NI 2.01b - CFO 4.13b) / TA 35.9b) |
| Beneish M = -2.36 (Cap -4..+1) = BBB |
As of October 25, 2026, the stock is trading at EUR 31.27 with a total of 2,156,507 shares traded. Over the past week, the price has changed by -7.13%, over one month by -7.07%, over three months by -9.41% and over the past year by +18.19%.
Current recommended Stop Loss: 29.30 (which is 6.3% or 2.7 ATR below the current price).
Compagnie Generale des has no consensus analysts rating.
P/E Trailing = 3.2881
P/E Forward = 9.0171
P/S = 0.8333
P/B = 1.2368
P/EG = 6.991
Revenue TTM = 32.2b EUR
EBIT TTM = 3.35b EUR
EBITDA TTM = 5.89b EUR
Long Term Debt = 4.96b EUR (from longTermDebt, last quarter)
Short Term Debt = 2.23b EUR (from shortTermDebt, last quarter)
Debt = 8.88b EUR (from shortLongTermDebtTotal, last quarter) + Leases 964.0m
Net Debt = 5.99b EUR (calculated: Debt 8.88b - CCE 2.89b)
Enterprise Value = 28.9b EUR (22.9b + Debt 8.88b - CCE 2.89b)
Interest Coverage Ratio = 13.39 (Ebit TTM 3.35b / Interest Expense TTM 250.0m)
EV/FCF = 11.57x (Enterprise Value 28.9b / FCF TTM 2.49b)
FCF Yield = 8.64% (FCF TTM 2.49b / Enterprise Value 28.9b)
FCF Margin = 7.75% (FCF TTM 2.49b / Revenue TTM 32.2b)
Net Margin = 6.25% (Net Income TTM 2.01b / Revenue TTM 32.2b)
Gross Margin = 27.40% ((Revenue TTM 32.2b - Cost of Revenue TTM 23.4b) / Revenue TTM)
Gross Margin QoQ = 28.61% (prev 26.61%)
Tobins Q-Ratio = 0.80 (Enterprise Value 28.9b / Total Assets 35.9b)
Interest Expense / Debt = 2.81% (Interest Expense 250.0m / Debt 8.88b)
Taxrate = 27.04% (745.0m / 2.75b)
NOPAT = 2.44b (EBIT 3.35b * (1 - 27.04%))
Current Ratio = 1.65 (Total Current Assets 14.7b / Total Current Liabilities 8.93b)
Debt / Equity = 0.51 (Debt 8.88b / totalStockholderEquity, last quarter 17.5b)
Debt / EBITDA = 1.02 (Net Debt 5.99b / EBITDA 5.89b)
Debt / FCF = 2.40 (Net Debt 5.99b / FCF TTM 2.49b)
Total Stockholder Equity = 18.0b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.62% (Net Income 2.01b / Total Assets 35.9b)
RoE = 11.17% (Net Income TTM 2.01b / Total Stockholder Equity 18.0b)
RoCE = 14.59% (EBIT 3.35b / Capital Employed (Equity 18.0b + L.T.Debt 4.96b))
RoIC = 8.85% (NOPAT 2.44b / Invested Capital 27.6b)
WACC = 5.51% (E(22.9b)/V(31.8b) * Re(6.85%) + D(8.88b)/V(31.8b) * Rd(2.81%) * (1-Tc(0.27)))
Discount Rate = 6.85% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -63.55 | Cagr: -1.27%
[DCF] Terminal Value 77.97% ; FCFF base≈2.17b ; Y1≈2.49b ; Y5≈3.67b
[DCF] Fair Price = 68.97 (EV 55.2b - Net Debt 5.99b = Equity 49.2b / Shares 713.3m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: -51.73 | EPS CAGR: -10.98% | SUE: N/A | # QB: 0
Revenue Correlation: 67.82 | Revenue CAGR: 6.43% | SUE: 0.89 | # QB: 1
EPS current Quarter (2026-06-30): EPS=0.00 | Chg30d=N/A | Revisions=N/A | Analysts=0
EPS current Year (2026-12-31): EPS=2.76 | Chg30d=+1.70% | Revisions=+0% | GrowthEPS=+18.4% | GrowthRev=+1.9%
EPS next Year (2027-12-31): EPS=3.19 | Chg30d=+1.26% | Revisions=+0% | GrowthEPS=+15.8% | GrowthRev=+4.2%
[Analyst] Revisions Ratio: +0% (up=4, down=4)