Michelin manufactures tires for passenger vehicles. The company also makes tires for all types of commercial vehicles as well as bicycle, motorcycle, earthmover, aviation, and agricultural tires. Its operations are organized into three operating segments namely Automotive and related distribution; Road transportation and related distribution; Specialty businesses and related distribution. The company generates maximum revenue from Automotive and related distribution segments. The Specialty businesses include the Mining, Beyond-road, Two-wheel and Aircraft tire activities, as well as the High-Tech Materials activities. The Services & Solutions businesses are included for the most part in the "Road transportation and related distribution" segment.

Financial Strength

7/10

Name	Current	Vs Industry
Cash-To-Debt	0.46
Equity-to-Asset	0.49
Debt-to-Equity	0.43
Debt-to-EBITDA	1.61
Interest Coverage	10.8
Piotroski F-Score	6/9	0 1 2 3 4 5 6 7 8 9
Altman Z-Score	2.66	Distress Grey Safe
Beneish M-Score	-2.95	Manipulator Not Manipulator
WACC vs ROIC		WACC ROIC

Growth Rank

5/10

	Name	Current	Vs Industry		Vs History
	3-Year Revenue Growth Rate	11.3
	3-Year EBITDA Growth Rate	16.1
	3-Year EPS without NRI Growth Rate	45.3
	3-Year FCF Growth Rate	14.7
	3-Year Book Growth Rate	12.3

Momentum Rank

8/10

	Name	Current	Vs Industry		Vs History
	5-Day RSI	34.53
	9-Day RSI	45.82
	14-Day RSI	48.02
	6-1 Month Momentum %	-16.44
	12-1 Month Momentum %	-4.04

Liquidity Ratio

	Name	Current	Vs Industry		Vs History
	Current Ratio	1.82
	Quick Ratio	1.11
	Cash Ratio	0.44
	Days Inventory	107.79
	Days Sales Outstanding	52.78
	Days Payable	64.49

Dividend & Buy Back

	Name	Current	Vs Industry		Vs History
	Dividend Yield %	4.25
	Dividend Payout Ratio	0.37
	3-Year Dividend Growth Rate	35.7
	Forward Dividend Yield %	4.25
	5-Year Yield-on-Cost %	5.99
	3-Year Average Share Buyback Ratio	-0.1
	Shareholder Yield %	8.05

Profitability Rank

9/10

	Name	Current	Vs Industry		Vs History
	Gross Margin %	29.25
	Operating Margin %	12.69
	Net Margin %	6.93
	FCF Margin %	10.46
	ROE %	10.85
	ROA %	5.39
	ROIC %	9.71
	ROC (Joel Greenblatt) %	15.53
	ROCE %	10.1
	Years of Profitability over Past 10-Year	10

GF Value Rank

5/10

	Name	Current	Vs Industry		Vs History
	PE Ratio	11.94
	Forward PE Ratio	9.16
	PE Ratio without NRI	8.74
	Shiller PE Ratio	13.44
	Price-to-Owner-Earnings	5.84
	PEG Ratio	1.65
	PS Ratio	0.82
	PB Ratio	1.26
	Price-to-Tangible-Book	1.73
	Price-to-Free-Cash-Flow	7.88
	Price-to-Operating-Cash-Flow	4.4
	EV-to-EBIT	9.62
	EV-to-Forward-EBIT	8.53
	EV-to-EBITDA	5.53
	EV-to-Forward-EBITDA	5.22
	EV-to-Revenue	0.96
	EV-to-Forward-Revenue	1.02
	EV-to-FCF	9.15
	Price-to-Projected-FCF	0.79
	Price-to-DCF (Earnings Based)	0.65
	Price-to-DCF (FCF Based)	0.33
	Price-to-Median-PS-Value	0.95
	Price-to-Peter-Lynch-Fair-Value	1.65
	Price-to-Graham-Number	0.82
	Earnings Yield (Greenblatt) %	10.4
	FCF Yield %	12.95
	Forward Rate of Return (Yacktman) %	11.85

Financials

Annual Quarterly TTM

XPAR:ML's 30-Y Financials

AAPL

Income Statement Breakdown FY

Annual Quarterly

No Enough Data

AAPL

Balance Sheet Breakdown

Annual Quarterly

No Enough Data

AAPL

Cashflow Statement Breakdown

Annual Quarterly

No Enough Data

Historical Operating Revenue by Business Segment

Value % YoY

Historical Operating Revenue by Geographic Region

Value % YoY

See Details

5-Step DuPont Analysis as of

Annual Quarterly

No Enough Data

Guru Trades

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Insider Trades

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Peter Lynch Chart

Y-axis scale:

Log Linear

Interactive Chart

Performance

Dividend

Log

Bar

Annualized Return %

Symbol	1 Week	1 Month	3 Months	6 Months	YTD	1 Year	3 Years	5 Years	10 Years

Total Annual Return %

Symbol	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015

Michelin Executives

Details

GF Value: €31.06

XPAR:ML

Valuation Chart

Year:

Warning Signs

Warning! GuruFocus detected 1 Severe warning sign with ML. Try a 7-Day Free Trial to check it out.

Analyst Estimate

Annual Quarterly

Key Statistics

	Name	Value
	Revenue (TTM) (Mil €)	27,745
	EPS (TTM) (€)	2.66
	Beta	1.18
	Volatility %	22.82
	14-Day RSI	48.02
	14-Day ATR (€)	0.502756
	20-Day SMA (€)	31.699
	12-1 Month Momentum %	-4.04
	52-Week Range (€)	30.06 - 38.52
	Shares Outstanding (Mil)	705.75

Piotroski F-Score Details

Year:

	Component	Result
	Piotroski F-Score	6
	Positive ROA
	Positive CFROA
	Higher ROA yoy
	CFROA > ROA
	Lower Leverage yoy
	Higher Current Ratio yoy
	Less Shares Outstanding yoy
	Higher Gross Margin yoy
	Higher Asset Turnover yoy

Michelin Filings

10-K10-QForm 4Others

	Filing Date	Document Date	Form
No Filing Data

Michelin Stock Events

Financials Calendars

	Event	Date	Price(€)
No Event Data

Michelin Frequently Asked Questions

What is Michelin(XPAR:ML)'s stock price today?

The current price of XPAR:ML is €31.76. The 52 week high of XPAR:ML is €38.52 and 52 week low is €30.06.

When is next earnings date of Michelin(XPAR:ML)?

The next earnings date of Michelin(XPAR:ML) is .

Does Michelin(XPAR:ML) pay dividends? If so, how much?

The Dividend Yield % of Michelin(XPAR:ML) is 4.25% (As of Today), Highest Dividend Payout Ratio of Michelin(XPAR:ML) was 0.46. The lowest was 0.21. And the median was 0.34. The Forward Dividend Yield % of Michelin(XPAR:ML) is 4.25%. For more information regarding to dividend, please check our Dividend Page.

Press Release

	Subject	Date
No Press Release

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