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Michelin ML Stock Quote

| Rating as of

XPAR: ML

Last close prices updated as of Jun 05, 2023, 5:35 PM CET | EUR
  • Last Close 27.43
  • Sector Consumer Cyclical
  • Industry Auto Parts
  • Investment Style Large Blend
  • Day Range 27.21  –  27.62
  • Year Range 21.99  –  30.93
  • Market Cap 19.4810 Bil
  • Volume / Avg 1.0 Mil /  1.7 Mil
  • Price / Sales 0.69
  • Price / Book 1.14
  • Forward Div Yield 4.56%
  • Trailing Div Yield 10.45%

Morningstar‘s Stock Analysis ML

Valuation
Currency in
Is it the right time to buy or sell?
Is it the right time to buy or sell?

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

About Quantitative Ratings

Morningstar Quantitative ratings for equities (denoted on this page by) are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies withratings 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. Click here for more on how to use these ratings.

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Key Statistics ML

Company Profile ML

Business Description

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 segment.

Contact
23, Place des Carmes, Dechaux, Puy-de-Dome
Clermont-Ferrand, 63000, FRA
Industry Auto Parts
Employees 124,918

Our Quantitative Research team models direct competitors or comparable companies from a bottom-up perspective to find companies describing their business in a similar fashion.

Michelin

XPAR: ML

Cooper Tire & Rubber Co

XNYS: CTB

Bridgestone Corp

XTKS: 5108

Goodyear Tire & Rubber Co

XNAS: GT
Price
27.285,792.0013.31
Currency
EURJPYUSD
Change
−$0.15 (0.55%) +$128.00 (2.26%) −$0.13 (0.97%)
Market Cap
19.48 Bil3.96 Tril3.77 Bil
Industry
Auto Parts Auto Parts Auto Parts Auto Parts
Sector
Consumer Cyclical
Consumer Cyclical
Consumer Cyclical
Consumer Cyclical

* Trading data in this section is delayed by at least 15 minutes.

FAQs for Michelin Stock

Yes. ML has a forward dividend yield of 4.56%. See ML’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

ML’s market cap is 19.48 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

ML’s stock style is Large Value.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

ML’s price/sales is 0.69.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

ML’s price/forward earnings is 9.83.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

ML’s price/book is 1.14.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See ML’s valuation ratios compared to the Market Index.

ML’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare ML’s historical performance against its industry peers and the overall market.