Added to YB: 2025-09-11
Pitch date: 2025-09-09
ML.PA [neutral]
Compagnie Générale des Établissements Michelin Société en commandite par actions
-11.04%
current return
Author Info
Lux Opes Research covers European companies. Lots of them. Sign up for the newsletter.
Company Info
Compagnie Générale des Établissements Michelin Société en commandite par actions engages in the manufacture and sale of tires worldwide.
Market Cap
EUR 22.1B
Pitch Price
EUR 31.53
Price Target
N/A
Dividend
4.40%
EV/EBITDA
5.41
P/E
14.33
EV/Sales
0.99
Sector
Automobile Components
Category
turnaround
Michelin (ML France): softness around, but the 2026 slope looks better
ML.PA (quick overview): July tyre demand weak, esp. North America OE passenger/truck; Europe improving from low base. Price/mix resilience & specialty business mix defending margins despite volume slog. H2 earnings bridge: improving mix, easing input costs, restructuring benefits. 2025 okay, 2026 earnings growth re-accelerating as specialty segments recover.
Read full article (2 min)