Michelin/ML

0.91%
-
1D1W1MYTD1YMAX

About Michelin

Compagnie Generale des Etablissements Michelin SCA is a France-based mobility company. The Company operates through three segments: Automotive, Road Transportation and Specialty Businesses. Automotive, which comprises the business lines Automotive business to customers (B2C) Global Brands, Automotive B2C Regional Brands, Automotive Original Equipment and Mobility Experiences. Road Transportation comprises the business lines Long Distance Transportation, Urban Transportation and Services & Solutions. Specialty Businesses comprises the business lines Mining, Off-Highway Transportation, Two-Wheel, Aircraft and High-Tech Materials. It provides different kind of tires and related products and services through a dealership network. Its service offering includes truck driver assistance with Michelin Euro Assist, fleet tire advice, maintenance and management services and mobility assistance services, among others. Additionally, it provides branded lifestyle products and high-tech materials.

Ticker

ML

Sector

Consumer Cyclicals

Trading on

PAR

Industry

Tires

CEO

Florent Menegaux

Employees

132,500

Headquarters

Clermont-ferrand, France

Michelin Metrics

BasicAdvanced
€25.02B
Market cap
12.70
P/E ratio
€2.76
EPS
0.99
Beta
€1.35
Dividend rate
3.86%
Dividend yield
€25.02B
0.9915
€36.29
€25.60
1.43M
€1.35
1.765
1.062
30.109
37.605
45.08%
33.354
34.81%
5.62%
11.31%
7.38%
12.702
0.883
1.394
1.899
11.596
3.24%
3.86%
3.86%
-0.86%
-1.26%
11.46%
46.51%
32.91%

What the Analysts think about Michelin

Analyst Ratings

Majority rating from 19 analysts.
Buy

Price Targets

Average projection from 17 analysts.
0% downside
High €45.00
Low €26.00
€35.32
Current price
€35.32
Average price target

Michelin Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
5.36% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
€14.26B
1.31%
Net income
€765M
-37.19%
Profit margin
5.36%
-38.03%

Michelin Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 0.93%
QuarterlyAnnual
Q2 22
Q4 22
Q2 23
Q4 23
Q2 24
Actual
€1.17
€1.64
€1.69
€1.08
-
Expected
€1.48
€1.79
€1.53
€1.07
€1.56
Surprise
-20.99%
-8.21%
10.7%
0.93%
-
Latest price is delayed by 15 minutes. Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by ICE Data Services and Euronext. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Michelin stock?

Michelin (ML) has a market cap of €25.02B as of April 20, 2024.

What is the P/E ratio for Michelin stock?

The price to earnings (P/E) ratio for Michelin (ML) stock is 12.7 as of April 20, 2024.

Does Michelin stock pay dividends?

Yes, the Michelin (ML) stock pays dividends to shareholders. As of April 20, 2024, the dividend rate is €1.35 and the yield is 3.86%. Michelin has a payout ratio of 45.08% on a trailing twelve-month basis.

When is the next Michelin dividend payment date?

The next Michelin (ML) dividend payment is scheduled for May 24, 2024.

What is the beta indicator for Michelin?

Michelin (ML) has a beta rating of 0.99. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.

What is the Michelin stock price target?

The target price for Michelin (ML) stock is €35.32, which is 0% below the current price of €35.32. This is an average based on projections from 17 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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