Compagnie Générale des Établissements Michelin Société en commandite par actions stock

Compagnie Générale...

ENXTPA:ML

€ 29,91

+ €0,72 (2,47%)

29,91 €

+€0,72 (2,47%)

End-of-day quote: 04/01/2026

Compagnie Générale des Établissements Michelin Société en commandite par actions Stock Value

Analysts currently rate ENXTPA:ML as Outperform.

Outperform

Compagnie Générale des Établissements Michelin Société en commandite par actions Company Info

EPS Growth 5Y

-1,11%

Market Cap

€20,03 B

Long-Term Debt

€4,93 B

Annual earnings

N/A

Dividend

€1,41

Dividend Yield

4,73%

Founded

1863

Industry

Consumer Discretionary

Country

France

Website

Compagnie Générale des Établissements Michelin Société en commandite par actions

ISIN Number

FR001400AJ45

Website

http://www.michelin.com

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

€34,25

14.51%

Last Update: 04/01/2026

Analysts: 14

Highest Price Target €40,00

Average Price Target €34,25

Lowest Price Target €25,00

In the last five quarters, Compagnie Générale des Établissements Michelin Société en commandite par actions’s Price Target has fallen from €40,86 to €36,39 - a -10,94% decrease. Eleven analysts predict that Compagnie Générale des Établissements Michelin Société en commandite par actions’s share price will increase in the coming year, reaching €34,25. This would represent an increase of 14,51%.

Top growth stocks in the consumer discretionary sector (5Y.)

What does Compagnie Générale des Établissements Michelin Société en commandite par actions do?

Compagnie Générale des Établissements Michelin Société en commandite par actions manufactures and sells tires. The company specializes in the design, production, and marketing of tires for various vehicles, including passenger cars, trucks, motorcycles, and bicycles. Business Segments The company operates through several key business segments, each contributing to its overall growth and success in the tire industry. The primary segments include: Passenger Car Tires: This segment focuses on th...

Business Segments

The company operates through several key business segments, each contributing to its overall growth and success in the tire industry. The primary segments include:

Passenger Car Tires: This segment focuses on the design and manufacture of tires for passenger vehicles, including sedans, SUVs, and light trucks. The company offers a wide range of products tailored to different driving conditions and consumer preferences, emphasizing safety, comfort, and performance.

Commercial Tires: The commercial tire segment caters to the needs of businesses and industries that rely on heavy vehicles, such as trucks, buses, and construction equipment. The company’s commercial tires are engineered for durability, load capacity, and fuel efficiency, making them ideal for long-haul transportation and demanding work environments.

Specialty Tires: This segment includes tires designed for specific applications, such as agricultural machinery, industrial vehicles, and aircraft. The company leverages its expertise in tire technology to develop products that meet the unique requirements of various industries, ensuring optimal performance and safety.

Tire Services: In addition to manufacturing tires, the company provides a range of services, including tire maintenance, retreading, and recycling. These services are designed to extend the life of tires, reduce waste, and promote sustainability within the tire industry.

Business Strategy

The company’s business strategy is centered around innovation, sustainability, and customer satisfaction. The company aims to maintain its leadership position in the global tire market by focusing on the following strategic pillars:

Innovation: The company prioritizes research and development to drive technological advancements in tire design and manufacturing. By investing in innovative solutions, the company seeks to enhance the performance, safety, and durability of its products. This commitment to innovation allows the company to stay ahead of industry trends and meet the evolving needs of consumers.

Sustainability: The company is dedicated to reducing its environmental impact and promoting sustainable practices throughout its operations. This includes efforts to minimize waste, reduce carbon emissions, and promote the use of renewable resources. The company’s sustainability initiatives not only align with global environmental goals but also resonate with consumers who prioritize eco-friendly products.

Customer-Centric Approach: The company places a strong emphasis on understanding and meeting the needs of its customers. By offering a diverse range of products and services, the company aims to provide tailored solutions that enhance customer satisfaction and loyalty. The company actively engages with customers to gather feedback and continuously improve its offerings.

Global Expansion: The company seeks to expand its presence in emerging markets while strengthening its position in established markets. By leveraging its global manufacturing and distribution network, the company aims to reach a broader customer base and capitalize on growth opportunities in various regions.

Collaboration and Partnerships: The company recognizes the importance of collaboration in driving innovation and sustainability. The company actively seeks partnerships with suppliers, research institutions, and other stakeholders to enhance its capabilities and explore new business opportunities.

Products and Services

The company offers a comprehensive range of products and services designed to meet the diverse needs of its customers across various sectors. The company’s primary product offerings include:

Passenger Car Tires: The company provides a wide selection of tires for passenger vehicles, focuses on performance, safety, and comfort. These tires are designed for different driving conditions, including wet and dry surfaces, and are available in various sizes to fit a range of vehicles.

Commercial Tires: The company’s commercial tire offerings are engineered for heavy-duty applications, including trucks, buses, and construction vehicles. These tires are built to withstand rigorous conditions, offering durability, load capacity, and fuel efficiency to meet the demands of commercial transportation.

Specialty Tires: The company develops specialty tires for specific industries, including agriculture, aviation, and industrial applications. These tires are designed to provide optimal performance in unique conditions, ensuring safety and reliability for specialized equipment.

Retreading Services: The company offers retreading services to extend the life of used tires. This process involves replacing the worn tread on a tire, allowing customers to reduce costs and minimize waste while maintaining high performance.

Tire Maintenance Services: The company provides a range of tire maintenance services, including inspections, repairs, and balancing. These services are designed to enhance tire performance, safety, and longevity.

Recycling and Sustainability Initiatives: The company is committed to sustainability and offers recycling services to promote responsible disposal of used tires. By recycling tires, the company contributes to environmental conservation and reduces waste in landfills.

Geographical Markets Served

The company operates in numerous geographical markets worldwide, with a strong presence in Europe, North America, Asia, and emerging markets.

In Europe, the company is a leading tire manufacturer, catering to both passenger and commercial vehicle markets. The company’s established presence in this region allows it to leverage its brand reputation and customer loyalty to drive growth.

In North America, the company focuses on providing high-performance tires for passenger vehicles and commercial fleets.

In Asia, the company is expanding its operations to capitalize on the growing demand for tires in emerging economies. The company’s investments in manufacturing facilities and distribution channels in this region position it for future growth.

Seasonality

The company experiences some seasonality in its operations, particularly in the demand for tires. The company’s sales are influenced by seasonal factors, including weather conditions and consumer driving patterns. For instance, the demand for winter tires typically increases during the colder months, while summer tires see higher sales in warmer seasons.

Customers

The company serves a diverse customer base across various sectors, including individual consumers, businesses, and industries. The company’s customers include:

Individual Consumers: The company provides tires for passenger vehicles, catering to a wide range of consumer preferences and driving needs.

Commercial Fleets: The company serves businesses that operate commercial vehicles, offering high-performance tires designed for durability and efficiency.

Specialized Industries: The company supplies specialty tires for industries such as agriculture, aviation, and construction, meeting the unique requirements of various applications.

Sales and Marketing

The company employs various modes of sales and marketing to reach its customers effectively. The company’s marketing strategies include:

Direct Sales: The company engages directly with customers through its network of retail outlets and authorized dealers, allowing for personalized service and product recommendations.

Digital Marketing: The company utilizes digital marketing channels, including social media, online advertising, and e-commerce platforms, to reach a broader audience and promote its products.

Partnerships: The company collaborates with automotive manufacturers and other businesses to develop co-branded products and enhance its market presence.

History

Compagnie Générale des Établissements Michelin Société en commandite par actions was founded in 1863. The company was incorporated in 1863.

Compagnie Générale des Établissements Michelin Société en commandite par actions Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Revenue distribution by industry:** - Automotive tires: approx. 70% - Aviation: approx. 15% - Agricultural and industrial tires: approx. 10% - Other (e.g. lifestyle products, maps): approx. 5% **TOP 3 markets and their percentage shares:** - Europe: approx. 40% - North America: approx. 35% - Asia...

At which locations are the company’s products manufactured?

**Production Sites:** Worldwide, with a focus on Europe, North America, and Asia. Michelin, as one of the world's leading tire manufacturers, operates production facilities on several continents. In Europe, significant plants are located in France, Germany, and Spain. In North America, the USA...

What strategy does Compagnie Générale des Établissements Michelin Société en commandite par actions pursue for future growth?

**Revenue growth:** 5% (estimated 2024) **Investments in research and development:** 700 million euros (2024) Michelin pursues a strategy focused on sustainability and innovation to secure future growth. The company heavily invests in research and development, particularly in the areas of susta...

Which raw materials are imported and from which countries?

**Main raw materials:** Natural rubber, synthetic rubber, carbon black, steel cord, textile cord **Main supplying countries:** - **Natural rubber:** Thailand, Indonesia, Vietnam - **Synthetic rubber:** USA, Germany, Japan - **Carbon black:** China, USA, Russia - **Steel cord:** China, Italy, Japan...

How strong is the company’s competitive advantage?

**Market share:** 14.8% (2024, estimate) **Research and development expenditure:** 700 million euros (2023) **Gross margin:** 28.5% (2023) Michelin has a significant competitive advantage due to its strong market position and innovation capabilities. With an estimated market share of 14.8% in 2024,...

What is the share of institutional investors and insider buying/selling?

**Institutional Investor Share:** approximately 60% (estimated for 2025) **Insider Buys/Sells:** No significant transactions in the last year (estimated for 2025) The institutional investor share at Michelin traditionally stands at around 60%, indicating the trust of large investors in the compan...

What percentage market share does Compagnie Générale des Établissements Michelin Société en commandite par actions have?

**Market share of Michelin:** 14% (2025, estimated) **Top competitors and their market shares:** 1. **Bridgestone Corporation:** 15% 2. **Michelin:** 14% 3. **Goodyear Tire & Rubber Company:** 12% 4. **Continental AG:** 11% 5. **Sumitomo Rubber Industries:** 8% 6. **Pirelli & C. S.p.A.:**...

Is Compagnie Générale des Établissements Michelin Société en commandite par actions stock currently a good investment?

**Revenue Growth:** 5.2% (2024) **Profit Growth:** 4.8% (2024) **Market Share in the Tire Industry:** 14% (2024) In 2024, Michelin achieved solid revenue growth of 5.2%, driven by strong demand for premium tires and successful expansion into emerging markets. The profit growth of 4.8% reflects the...

Does Compagnie Générale des Établissements Michelin Société en commandite par actions pay a dividend – and how reliable is the payout?

**Dividend yield:** 3.5% (estimated for 2025) **Dividend history:** Continuous payout over the last 5 years Michelin has pursued a stable dividend policy in recent years. The dividend yield is estimated to be around 3.5% for 2025, based on recent payouts and the current stock price. The comp...

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Compagnie Générale des Établissements Michelin Société en commandite par actions Stock Value

Compagnie Générale des Établissements Michelin Société en commandite par actions Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the consumer discretionary sector (5Y.)

What does Compagnie Générale des Établissements Michelin Société en commandite par actions do?

Compagnie Générale des Établissements Michelin Société en commandite par actions Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

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Explore

Compagnie Générale des Établissements Michelin Société en commandite par actions Stock Value

Compagnie Générale des Établissements Michelin Société en commandite par actions Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the consumer discretionary sector (5Y.)

What does Compagnie Générale des Établissements Michelin Société en commandite par actions do?

Compagnie Générale des Établissements Michelin Société en commandite par actions Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.