Last €85.98 EUR
Change Today +1.81 / 2.15%
Volume 745.8K
As of 11:35 AM 02/27/15 All times are local (Market data is delayed by at least 15 minutes).

michelin (cgde) (ML) Snapshot

Open
€84.19
Previous Close
€84.17
Day High
€85.98
Day Low
€84.13
52 Week High
04/23/14 - €94.33
52 Week Low
10/27/14 - €65.10
Market Cap
16.0B
Average Volume 10 Days
733.6K
EPS TTM
€5.53
Shares Outstanding
185.7M
EX-Date
--
P/E TM
15.5x
Dividend
€2.50
Dividend Yield
2.91%
Current Stock Chart for MICHELIN (CGDE) (ML)

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michelin (cgde) (ML) Details

Compagnie Generale des Etablissements Michelin manufactures, distributes, and sells tires worldwide. It offers tires for cars, vans, trucks, farm machinery, earthmovers, motorcycles, scooters, bicycles, aircraft, subway trains, tramways, mining equipment, and handling equipment. The company provides its products primarily under the MICHELIN, BFGoodrich, KLEBER, UNIROYAL, WARRIOR, Kormoran, RIKEN, TAURUS, and TIGAR brand names. It also operates approximately 3,500 dealership networks and service centers in 29 countries. In addition, the company offers truck driver assistance services; and fleet tire advice, maintenance, and management services, as well as publishes maps and guides to provide mobility assistance services. Further, Compagnie Generale des Etablissements Michelin, through its partnership with licensees, develops car and bike accessories, as well as work, sport and leisure gears, and collectibles. Additionally, it provides engineering services; and operates an online store that provides travel maps and guides, clothes, gifts, car accessories, and others. The company was formerly known as Manufacture de Caoutchouc Michelin and changed its name to Compagnie Generale des Etablissements Michelin in October 1951. Compagnie Generale des Etablissements Michelin was founded in 1863 and is headquartered in Clermont-Ferrand, France.

106,700 Employees
Last Reported Date: 02/10/15
Founded in 1863

michelin (cgde) (ML) Top Compensated Officers

Chief Executive Officer, Managing General Par...
Total Annual Compensation: €2.1M
Compensation as of Fiscal Year 2013.

michelin (cgde) (ML) Key Developments

Michelin Opens New Tyreplus Branch and Truck Service Centre in Ghala

Michelin has opened a new Tyreplus branch and Michelin truck service centre (MTSC) in Oman. The new branch located in Ghala industrial area. It also offers professional services such as alignment air conditioning refilling and nitrogen inflation. Tyreplus provides both technical capabilities and values such as a competitive pricing strong brand and image convenient location national network well trained staff Michelin quality assurance world standard operations and a well operated store environment.

Michelin to Launch Six New Motorcycle Hypersport and Track Tires

Michelin has announced that it will launch six new motorcycle hypersport and track tires in 2015. Designed to meet the needs of all riders, from the professional racer to the track-day enthusiast, the lineup incorporates the latest cutting edge technologies tested on the track in order to provide maximum safety, performance and riding enjoyment. The six new tires include: MICHELIN Power SuperMoto; MICHELIN Power Slick Ultimate; MICHELIN Power Cup Ultimate; MICHELIN Power Slick Evo; MICHELIN Power Cup Evo; and MICHELIN Power SuperSport Evo. MICHELIN Power SuperMoto features a new 16-inch version and innovative rubber compounds that significantly and simultaneously improve handling, feedback from the front, grip and longevity. Designed for experienced pilots looking to clock high speeds, MICHELIN Power Slick Ultimate range is directly derived from the latest technological advances tested on the circuit. MICHELIN Power Cup Ultimate tire is the treaded version of the MICHELIN Power Slick Ultimate. It is approved for road use. The MICHELIN Power Slick Evo is intended for the track and is ideal for weekend racing. Easy to handle, it features MICHELIN Adaptive Casing Technology (ACT) and a new highly versatile rubber compound that avoids having to make difficult tire choices depending on weather and circuit conditions. MICHELIN Power Cup Evo tire is the treaded version of the MICHELIN Power Slick Evo. It is approved for road use. The MICHELIN Power SuperSport Evo is designed for both road and track use. It delivers excellent longevity and wet and dry performance, to a combination of new rubber compounds and MICHELIN Adaptive Casing Technology (ACT). The rollout of these six new tires in 2015 bears testimony to Michelin's passion for sports, a passion dedicated to bikers from all horizons. Racing means a lot more to Michelin however. As a longstanding component of the company's DNA and philosophy, racing is an ideal laboratory for testing new technologies in the most extreme conditions of use. The synergy between racing and hypersport tire development is particularly relevant.

Compagnie Generale DES Etablissements Michelin SCA Announces Consolidated Earnings Results for the Full Year Ended December 31, 2014

Compagnie Generale DES Etablissements Michelin SCA announced consolidated earnings results for the full year ended December 31, 2014. For the year, the company reported net sales of EUR 19,553 million compared with EUR 20,247 million for the same period a year ago. Operating income after passenger car/Light truck tires and related distribution, truck tires and related distribution and specialty businesses was EUR 1,991 million compared with EUR 1,974 million for the same period a year ago. Net income was EUR 1,031 million compared with EUR 1,127 million for the same period a year ago. Capital expenditure was EUR 1,883 million compared with EUR 1,980 million for the same period a year ago. Net debt was EUR 707 million compared with EUR 142 million for the same period a year ago. Free cash flow was EUR 322 million compared with EUR 1,154 million for the same period a year ago.

 

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ML Competitors

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Company Last Change
Bridgestone Corp ¥4,584 JPY -18.50
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Sumitomo Rubber Industries Ltd ¥2,068 JPY +13.00
Goodyear Tire & Rubber Co/The $26.73 USD -0.61
Yokohama Rubber Co Ltd/The ¥1,216 JPY +10.00
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Industry Analysis

ML

Industry Average

Valuation ML Industry Range
Price/Earnings 15.0x
Price/Sales 0.8x
Price/Book 1.6x
Price/Cash Flow 14.3x
TEV/Sales 0.6x
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