Compagnie Générale des Établissements Michelin Société en commandite par actions Stock ML, quote Euronext Paris

Previous close	27.17
Open	27.36
Bid	0.00 x 0
Ask	0.00 x 0
Day's range	27.06 - 27.54
52 week range	21.99 - 30.92
Volume	881,290
Average volume	1,738,244

Market Cap	19.644B
Beta (5 year Monthly)	N/A
PER	2.69
EPS	N/A
Earnings date	Jul 26, 2023
Forward dividend & yield	N/A (N/A)
Ex-Dividend date	N/A
1 year target	32.70

Compagnie Générale des Établissements Michelin Société en commandite par actions stock reports 2025 sales of 23 795 000 000.
Its closing price is 27.17 and analysts have a target price of 32.70. In the last 52 weeks, its price has fluctuated between 21.99 and 30.92.
Compagnie Générale des Établissements Michelin Société en commandite par actions has a market capitalization of 24270000000, a PER of 2.69 and earnings per share of N/A.

Finances Compagnie Générale des Établissements Michelin Société en commandite par actions

Earnings & revenue

Total revenue

Net Income

Gross profit

Free Cash Flow

Revenue estimate number of analysts : 20

Valuation

52 week range

21.99

27.17

30.92

1 year target

27.17

<- 20% ->

32.70

PER
2.69

PEG
N/A

P/FCF
20

Price to Book
1.40

Book value
N/A

Return on Equity
N/A

Return on Assets
N/A

Financials

All figures on Compagnie Générale des Établissements Michelin Société en commandite par actions for the last 5 years.

Statistics

Valuation

Marketcap (intraday)	24.27B
Enterprise value	28.80B
Trailing P/E	10.25
Forward P/E	9.86
PEG Ratio (5 yr expected)	N/A
Price to sales (ttm)	0.83
Price to Book (MRQ) (mrq)	1.40
Enterprise value/Revenue	0.98
Enterprise value/EBITDA	5.32

Income statement

Revenue (ttm)	N/A
Revenue Per Share (ttm)	N/A
Quarterly Revenue Growth (yoy)	N/A
Gross Profit (ttm)	6.99B
EBITDA	N/A
Net Income available to Common (ttm)	N/A
Diluted EPS (ttm)	N/A
Quarterly Earnings Growth (yoy)	N/A

Price history

Beta (5 year Monthly)	N/A
52-Week Change	N/A
S&P500 52-Week Change	N/A
52 Week High	34.79
52 Week Low	25.60
50-Day Moving Average	32.18
200-Day Moving Average	29.84

Profitability

Profit Margin	N/A
Operating Margin (ttm)	N/A

Fiscal Year

Fiscal year ends	N/A
Most Recent Quarter (mrq)	N/A

Management Effectiveness

Return on Assets (ttm)	N/A
Return on Equity (ttm)	N/A

Statistics

Avg Vol (3 month)	1.34M
Avg Vol (10 day)	1.24M
Shares Outstanding	N/A
Implied Shares Outstanding	N/A
Float 8	N/A
% Held by Insiders	N/A
% Held by Institutions	N/A
Shares Short	N/A
Short Ratio	N/A
Short % of Float	N/A
Short % of Shares Outstanding	N/A
Shares Short (prior month)	N/A

Dividend & Splits

Forward Annual Dividend Rate	N/A
Forward Annual Dividend Yield	N/A
Trailing Annual Dividend Rate	4.50
Trailing Annual Dividend Yield	13.26%
5 Year Average Dividend Yield	N/A
Payout Ratio	N/A
Dividend Date	N/A
Ex-Dividend Date	N/A
Last Split Factor	N/A
Last Split Date	N/A

Balance sheet

Total Cash (mrq)	N/A
Total Cash Per Share (mrq)	N/A
Total Debt (mrq)	N/A
Total Debt/Equity (mrq)	N/A
Current Ratio (mrq)	N/A
Book Value Per Share (mrq)	N/A

Cash Flow Statement

Operating Cash Flow (ttm)	N/A
Levered Free Cash Flow (ttm)	N/A

Income statement

	ttm	12/31/2022	12/31/2021	12/31/2020
Chiffre d’affaires	29,380,000	28,590,000	23,795,000	20,469,000
Cost of Goods Sold (COGS) incl. D&A	21,610,000	21,052,000	16,810,000	14,754,000
Gross Profit	7,770,000	7,538,000	6,985,000	5,715,000
_OPERATING_EXPENSE	4,476,000	4,408,000	4,006,000	3,968,000
_OPERATING_INCOME	3,294,000	3,130,000	2,979,000	1,747,000
_NET_NON_OPERATING_INCOME	-332,000	-328,000	-263,000	-304,000
Pretax Income	3,042,000	2,656,000	2,471,000	979,000
_TAX_PROVISION	656,000	647,000	626,000	354,000
Net Income_COMMON_STOCKHOLDERS	2,378,000	2,001,000	1,844,000	628,000
_DILUTEDNet Income_COM_STOCKHOLDERS	2,378,000	2,001,000	1,844,000	628,000
_BASIC_EPS
_DILUTED_EPS
_BASIC_AVG_SHARES	713,581	713,400	713,513	713,240
_DILUTED_AVG_SHARES	717,734	717,250	718,320	716,680
_TOTAL_OPERATING_INCOME	3,378,000	3,021,000	2,777,000	1,403,000
_TOTAL_EXPENSES	26,086,000	25,460,000	20,816,000	18,722,000
Net Income_CONTINUING_DISCONTINUED_OPERATION	2,378,000	2,001,000	1,844,000	632,000
_NORMALIZED_INCOME	2,261,916	2,022,168	1,965,761	844,454
_INTEREST_INCOME	12,000	2,000	0
Interest Expense	396,000	348,000	256,000	286,000
_NET_INTEREST_INCOME	-332,000	-328,000	-263,000	-304,000
_EBIT	3,438,000	3,004,000	2,727,000	1,265,000
_EBITDA	5,414,000	4,948,000	4,539,000	3,105,000
_RECONCILED_COST_OF_REVENUE	21,610,000	21,052,000	16,810,000	14,754,000
_RECONCILED_DEPRECIATION	1,976,000	1,944,000	1,812,000	1,840,000
Net Income_CONTINUING_OPERATION_NET_MINORITY_INTEREST	2,378,000	2,001,000	1,844,000	632,000
_TOTAL_UNUSUAL_ITEMS_EXCLUDING_GOODWILL	148,000	-28,000	-163,000	-333,000
_TOTAL_UNUSUAL_ITEMS	148,000	-28,000	-163,000	-333,000
_NORMALIZED_EBITDA	5,266,000	4,976,000	4,702,000	3,438,000
_TAX_RATE_CALCS	0	0	0	0
_TAX_EFECT_UNUSUAL_ITEMS	31,916	-6,832	-41,239	-120,546

Balance sheet

Fiscal year is January-December. All values EUR Millions.

2022

2021

2020

2019

2018

_TXT_5_Y_TREND

Cash & Short Term Investments

2,584

4,482

4,747

1,466

2,128

Cash Only

2,584

4,482

4,747

1,466

2,128

Cash & Short Term Investments_GROWTH

-42.35%

-5.58%

223.81%

-31.11%

-

Cash & ST Investments / Total AssetsTotal Assets

7.31%

12.97%

15.00%

4.63%

7.06%

Total Accounts Receivable

5,046

4,197

3,582

4,114

4,106

Accounts Receivables, Net

4,205

3,576

3,018

3,532

3,453

Accounts Receivables, Gross

4,299

3,678

3,126

3,629

3,556

Bad Debt/Doubtful Accounts

(94)

(102)

(108)

(97)

(103)

Other Receivables

841

621

564

582

653

Accounts Receivables, Gross

20.23%

17.17%

-12.93%

0.19%

-

Accounts Receivable Turnover

5.67

5.71

5.87

5.36

Inventories

6,479

5,256

4,058

4,847

4,841

Finished Goods

3,788

3,036

2,482

2,937

2,899

Work in Progress

706

642

437

466

552

Raw Materials

1,824

1,437

1,040

1,291

1,251

Progress Payments & Other

161

141

99

153

139

Other Current Assets

965

989

695

716

626

Miscellaneous Current Assets

965

989

695

716

626

Total Current Assets

15,074

14,924

13,082

11,143

11,701

Net Property, Plant & Equipment

13,146

12,265

11,904

13,169

11,644

Property, Plant & Equipment - Gross

33,391

31,077

29,492

31,079

28,253

Buildings

7,577

7,067

6,706

7,007

6,647

Machinery & Equipment

22,974

21,439

20,237

21,097

19,790

Leases

-

1,432

402

Other Property, Plant & Equipment

1,830

1,537

1,466

1,543

1,414

Accumulated Depreciation

20,245

18,812

17,588

17,910

16,609

Buildings

3,643

3,407

3,144

3,122

2,961

Machinery & Equipment

15,417

14,298

13,408

13,426

12,557

Other Property, Plant & Equipment

1,185

1,107

1,036

1,057

1,021

Total Investments and Advances

1,544

1,507

1,271

1,451

1,279

LT Investment - Affiliate Companies

1,102

1,103

941

1,087

953

Other Long-Term Investments

442

404

330

364

326

Intangible Assets

4,233

4,097

4,116

4,668

4,377

Net Goodwill

2,430

2,286

2,136

2,388

2,160

Net Other Intangibles

1,803

1,811

1,980

2,280

2,217

Other Assets

719

1,000

535

432

373

Deferred Charges

231

332

211

-

_TANGIBLEOther Assets

488

668

324

432

373

Total Assets

35,346

34,544

31,637

31,677

30,126

Assets - Total - Growth

2.32%

9.19%

-0.13%

5.15%

-

Asset Turnover

0.82

-

Return On Average Assets

5.71%

-

All values EUR Millions.

2022

2021

2020

2019

2018

_TXT_5_Y_TREND

ST Debt & Current Portion LT Debt

2,059

1,911

1,768

1,158

1,222

Short Term Debt

1,826

1,682

1,546

932

1,189

Current Portion of Long Term Debt

233

229

222

226

33

Accounts Payable

3,416

3,174

2,291

2,627

2,600

Accounts Payable_GROWTH

7.62%

38.54%

-12.79%

1.04%

-

Income Tax Payable

195

238

186

145

203

Other Current Liabilities

3,368

3,535

2,891

3,163

3,006

Accrued Payroll

752

871

556

613

598

Miscellaneous Current Liabilities

2,616

2,664

2,335

2,550

2,408

Total Current Liabilities

9,038

8,858

7,136

7,093

7,031

Current Ratio

1.67

1.68

1.83

1.57

1.66

Quick Ratio

0.95

1.09

1.26

0.89

0.98

Cash Ratio

0.29

0.51

0.67

0.21

0.30

Long-Term Debt

5,395

6,091

6,970

5,923

5,302

Long-Term Debt_EXC_CAPILeases

4,705

5,360

6,169

5,026

5,019

Non-Convertible Debt

4,705

5,360

6,169

5,026

5,019

_CAPILeases_OBLIGATIONS

-

283

Provision for Risks & Charges

3,123

3,869

4,071

4,422

3,858

Deferred Taxes

(89

(248

(304

(359

(317

Deferred Taxes_CREDIT

541

503

425

455

435

Deferred Taxes_DEBIT

630

751

729

814

752

_OTHER_LIABILITIES

133

252

404

555

1,319

Other Liabilities (excl.)Deferred Income

133

252

404

555

1,319

Total Liabilities

18,230

19,573

19,006

18,448

17,945

Total LiabilitiesTotal Assets

51.58%

56.66%

60.08%

58.24%

59.57%

Common Equity (Total)

17,110

14,974

12,633

13,226

12,158

Common Stock Par/Carry Value

357

360

Additional Paid-In Capital/Capital Surplus

2,702

2,746

2,789

2,923

Retained Earnings

14,146

12,397

10,681

10,289

9,336

Cumulative Translation Adjustment/Unrealized For. Exch. Gain

(262

(655

(1,265

(287

(512

Unappropriated Reserves

167

129

114

78

51

_COMMON_EQUITYTotal Assets

48.41%

43.35%

39.93%

41.75%

40.36%

Total Shareholders' Equity

17,110

14,974

12,633

13,226

12,158

Total Shareholders' EquityTotal Assets

48.41%

43.35%

39.93%

41.75%

40.36%

Accumulated Minority Interest

6

(3

(2

3

23

Total Equity

17,116

14,971

12,631

13,229

12,181

Liabilities & Shareholders' Equity

35,346

34,544

31,637

31,677

30,126

Cash flow

	ttm	12/31/2022	12/31/2021	12/31/2020
Operating Cash Flow	3,763,000	1,931,000	2,906,000	3,366,000
Investing Cash Flow	-1,980,000	-1,945,000	-1,751,000	-1,388,000
Financing Cash Flow	-764,000	-1,860,000	-1,433,000	1,344,000
End cash position	2,948,000	2,584,000	4,482,000	4,747,000
Capital Expenditure	-2,204,000	-2,141,000	-1,705,000	-1,221,000
Issuance of Capital Stock	76,000	76,000	0	55,000
Issuance of Debt	22,000	67,000	44,000	2,439,000
Repayment of Debt	616,000	-168,000	-774,000	-1,076,000
Repurchase of Capital Stock	-76,000	-120,000	0	-99,000
Free Cash Flow	1,559,000	-210,000	1,201,000	2,145,000

Développement durable

Last update on 9/2023

Secteurs d'implication

Products and Activities	Significant Involvement
Alcoholic Beverages	No
Adult Entertainment	No
Gambling	No
Tobacco Products	No
Animal Testing	No
Fur and Specialty Leather	No
Controversial Weapons	No
Small Arms	No
Catholic Values	No
GMO	No
Military Contracting	No
Pesticides	No
Thermal Coal	No
Palm Oil	No

Scores ESG

Evaluation du risque : 12 6th percentile Low

Risques sur l'Environnement

0

3.4

Négligeable

Faible

Moyen

Élevé

Sévère

20

Risques sur la Soutenabilité

0

3.7

Négligeable

Faible

Moyen

Élevé

Sévère

20

Risques sur la Gouvernance

0

5.3

Négligeable

Faible

Moyen

Élevé

Sévère

20

Niveau de controverse

0

2

Aucune

Faible

Modéré

Significatif

Grave

5

Analysts ratings

	3 months ago	1 month ago	Current
Buy	0	8	8
Overweight	0	1	1
Hold	0	4	5
Underweight	0	1	1
Sell	0	2	2
Consensus	-	Overweight	Overweight

Earnings Per Shares

Quarterly

Actual Analyst range Consensus

1.50 1.00 0.50 0.00

N/A	N/A	N/A	N/A		N/A	N/A

Annualy

4 3 2 1 0

3.06	N/A	N/A	N/A
FY 2022

ML will report false earnings on 04/24/2024

false false Estimate Trends
Current:	-
1 month ago:	-
3 months ago:	-

false false Estimate Trends
Current:	-
1 month ago:	-
3 months ago:	-

Competitors

Compagnie Générale des Établissements Michelin Société en commandite par actions by Warren Buffet


Compte de résultat
Croissance du CA	>0%	0.00%	0.00%	0.00%	0.00%
Croissance des bénécices brut	>0%	0.00%	0.00%	0.00%	0.00%
Croissance du résultat d'exploitation avant intérêts et impôts (EBIT)	>0%	0.00%	0.00%	0.00%	0.00%
Croissance résultat net	>15%	0.00%	0.00%	0.00%	0.00%
Profitabilité pour l'actionnaire (ROE)		0.00%	0.00%	0.00%	0.00%	0.00%
Marge brut	>40%	0.00%	0.00%	0.00%	0.00%	0.00%
Marge opérationnelle		0.00%	0.00%	0.00%	0.00%	0.00%
Marge nette	>10%	0.00%	0.00%	0.00%	0.00%	0.00%
Capacité à attirer de nouveaux clients	<30%	0.00%	0.00%	0.00%	0.00%	0.00%
Coût de la R&D	<5%	0.00%	0.00%	0.00%	0.00%	0.00%
Charges d'intérêts	<15%	0.00%	0.00%	0.00%	0.00%	0.00%
Bilan
Liquidité : Capacité de l'entreprise à rembourser ses dettes à COURT terme
Ratio de liquidité général (current ratio)	>1	1.67	1.75	1.86	1.57	1.57
Ratio de liquidité restreinte (quick ratio)	>1	0.00	0.25	0.43	0.00	0.14
Ratio de liquidité immédiate (cash ratio)	>1	0.06	0.12	0.13	0.03	0.07
Solvabilité : Capacité de l'entreprise à rembourser ses dettes à LONG terme
Approche 1	<0	2 121	878	1 422	3 560	2 891
Net LT debt to equity	<100%	12.40%	5.86%	11.26%	26.92%	23.78%
Approche 2		-	-	-	-	-
Dette nette totale / capitaux propres	<100%	-	-	-	-	-
Approche 3		-	-	-	-
Net total debt to equity	<100%	-	-	-	-
Levier Financier
Passif total / cap. propres	<2	-	-	-	-
Rendement du capitaux propre	> 15%	-	-	-	-

Résultats du ratio de Piotroski F-Score Stock Screen pour Compagnie Générale des Établissements Michelin Société en commandite par actions

Objet : Estimer la qualité fondamentale de vos placements (fondamentaux solides + valeur résiliente à long terme) par M. Joseph Piotroski
Objectif : Score entre 8 et 9

Thème	2021	2020	2019	2018	2017	Formule
Rentabilité
Rendement de l'actif (ROA)	0	0	0	0	0	(Résultat net / Actifs totaux) > 0
Flux de trésorerie d'exploitation	1	1	1	0	-	Flux de trésorerie > 0
Direction du ROA					-	Si ROA N > ROA N-1
Vérification de la compatbilité de l'exercice					-	Cashflow opérationnel > Résultat net
Structure du Capital
Ratio Dette LT / Actifs Totaux	0	0	1	0	-	Dette long terme / Actifs Totaux N sur N-1
Ratio de liquidité (Current ratio)	0	0	1	0	-	Actifs CT / Passifs CT N sur N-1
Emission d'actions					-	Emission d'actions (ou rachat d'action) oui/non
Efficacité opérationnelle
Orientation de la marge brute					-	Marge brute en hausse ? oui/non
Rotation des actifs					-	(Ventes / actifs) > 0
	1	1	2		-

Compagnie Générale des Établissements Michelin Société en commandite par actions - ML

Finances Compagnie Générale des Établissements Michelin Société en commandite par actions

Earnings & revenue

Total revenue

Net Income

Gross profit

Free Cash Flow

Valuation

Financials

Statistics

Valuation

Income statement

Price history

Profitability

Fiscal Year

Management Effectiveness

Statistics

Dividend & Splits

Balance sheet

Cash Flow Statement

Income statement

Balance sheet

Cash flow

Développement durable

Secteurs d'implication

Scores ESG

Niveau de controverse

Analysts ratings

Analysts ratings

Earnings Per Shares

Competitors

Compagnie Générale des Établissements Michelin Société en commandite par actions by Warren Buffet

Résultats du ratio de Piotroski F-Score Stock Screen pour Compagnie Générale des Établissements Michelin Société en commandite par actions