Compagnie Generale des Etablissements Michelin SCA
PAR:ML

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Compagnie Generale des Etablissements Michelin SCA
PAR:ML
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Price: 31.71 EUR 0.76% Market Closed
Market Cap: 22.4B EUR

Relative Value

The Relative Value of one ML stock under the Base Case scenario is 37.74 EUR. Compared to the current market price of 31.71 EUR, Compagnie Generale des Etablissements Michelin SCA is Undervalued by 16%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

ML Relative Value
Base Case
37.74 EUR
Undervaluation 16%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
47
vs Industry
46
Median 3Y
0.8
Median 5Y
0.8
Industry
0.9
Forward
0.8
vs History
53
vs Industry
48
Median 3Y
11.1
Median 5Y
12.2
Industry
17.3
Forward
8.9
vs History
65
vs Industry
58
Median 3Y
5.5
Median 5Y
5.6
Industry
9.8
vs History
58
vs Industry
34
Median 3Y
9.5
Median 5Y
9.6
Industry
18.9
vs History
66
vs Industry
46
Median 3Y
1.2
Median 5Y
1.3
Industry
1.4
vs History
57
vs Industry
44
Median 3Y
0.9
Median 5Y
0.9
Industry
1.1
Forward
0.8
vs History
60
vs Industry
53
Median 3Y
3.1
Median 5Y
3.1
Industry
4.8
vs History
66
vs Industry
54
Median 3Y
4.6
Median 5Y
4.7
Industry
9.2
Forward
4.3
vs History
57
vs Industry
56
Median 3Y
7.3
Median 5Y
7.7
Industry
13.7
Forward
6.8
vs History
80
vs Industry
57
Median 3Y
5.9
Median 5Y
6.1
Industry
11.7
vs History
49
vs Industry
38
Median 3Y
11
Median 5Y
11
Industry
16.8
vs History
53
vs Industry
47
Median 3Y
0.8
Median 5Y
0.8
Industry
1.1

Multiples Across Competitors

ML Competitors Multiples
Compagnie Generale des Etablissements Michelin SCA Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
FR
Compagnie Generale des Etablissements Michelin SCA
PAR:ML
22.4B EUR 0.8 11.9 4.6 7.4
JP
Bridgestone Corp
TSE:5108
4.1T JPY 0.9 14.9 5.2 9.6
IN
MRF Ltd
NSE:MRF
622.6B INR 2.2 33.3 14.4 24.2
IT
Pirelli & C SpA
MIL:PIRC
5.8B EUR 0.6 8.1 4 5.8
CN
Sailun Group Co Ltd
SSE:601058
43.3B CNY 1.3 10.6 10.2 10.2
IN
Balkrishna Industries Ltd
NSE:BALKRISIND
495.5B INR 4.7 30 19.6 27.1
JP
Yokohama Rubber Co Ltd
TSE:5101
649.9B JPY 0.6 10.2 4.9 7.8
TW
Cheng Shin Rubber Ind. Co Ltd
TWSE:2105
125B TWD 1.3 17.2 6.4 13.1
KR
Hankook Tire & Technology Co Ltd
KRX:161390
5.1T KRW 0.4 4.9 3.7 3.7
ID
Multistrada Arah Sarana Tbk PT
IDX:MASA
56.9T IDR 8.6 109.4 82.3 82.3
IN
Apollo Tyres Limited
NSE:APOLLOTYRE
297.2B INR 1.1 26.5 8.7 15.1