Michelin ML

Morningstar Rating

About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

ML is trading at a 553% premium.
Price
€37.08
Fair Value
€62.30
Uncertainty
High
1-Star Price
€29.82
5-Star Price
€16.54
Economic Moat
Ssnd
Capital Allocation
Swmbcprzj

News

Trading Information

Previous Close Price
Day Range
52-Week Range
Bid/Ask
/
Market Cap
Volume/Avg
/

Key Statistics

Price/Earnings (Normalized)
14.29
Price/Sales
0.97
Dividend Yield (Trailing)
3.63%
Dividend Yield (Forward)
3.63%
Total Yield
4.34%

Company Profile

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.
Sector
Consumer Cyclical
Industry
Auto Parts
Stock Style Box
Large Value
Total Number of Employees
125,600

Comparables

Valuation

Metric
ML
002984
600469
Price/Earnings (Normalized)
14.2911.5311.84
Price/Book Value
1.482.121.32
Price/Sales
0.973.380.71
Price/Cash Flow
5.8111.065.36
Price/Earnings
ML
002984
600469

Financial Strength

Metric
ML
002984
600469
Quick Ratio
0.923.010.96
Current Ratio
1.825.291.45
Interest Coverage
7.9921.7116.44
Quick Ratio
ML
002984
600469

Profitability

Metric
ML
002984
600469
Return on Assets (Normalized)
7.43%12.25%5.30%
Return on Equity (Normalized)
14.96%16.41%11.73%
Return on Invested Capital (Normalized)
11.13%13.56%8.87%
Return on Assets
ML
002984
600469

Auto Parts Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
Denso Corp ADR
DNZOY
Xgvgnpl$45.2 Bil
Denso Corp
DNZOF
Lkhsg$45.2 Bil
Michelin ADR
MGDDY
Tfgr$29.2 Bil
Genuine Parts Co
GPC
KzphtzqpMrtbd$19.7 Bil
Magna International Inc
MGA
FskyldfwNtyq$12.3 Bil
LKQ Corp
LKQ
TlgxsbbxSsnssm$10.6 Bil
Allison Transmission Holdings Inc
ALSN
BxmngnhVnvlpl$8.4 Bil
BorgWarner Inc
BWA
FqdqjycrPxgxkb$8.4 Bil
Gentex Corp
GNTX
SqpdksjnkLgrxb$7.1 Bil
Adient PLC
ADNT
NkhkpqpfShggr$2.1 Bil

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