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Company Description

Contact Info

23, place des Carmes-Déchaux

Cedex 9

Clermont-Ferrand, 63040


Phone: 33 4 73 32 20 00


Compagnie Generale des Etablissements Michelin engages in the manufacture, distribution, and sale of tires Worldwide. The company has 69 production sites in19 countries. It operates primarily in Europe; North America including Mexico; and South America, Asia Pacific, Africa and the Middle-East. Segments The company operates in three segments: Passenger Car and Light Truck tires and related distribution; Truck & related distribution; and Specialty businesses. Tires The company offers tires for various applications, including cars, trucks, tractors, lifting equipment, industrial and construction earthmovers, cycles, aircraft, subway trains, and trams. Mobility Enabling Services The company’s mobility enabling services include Michelin OnWay and Michelin Euro Assist. Michelin OnWay is the multi-service passenger car tire. Fleet Management and Consultancy The company’s fleet management and consultancy services include Michelin Fleet Solutions in Europe, Michelin Business Solutions and Tire Advisor in North America. Michelin Fleet Solutions are designed for the major fleets. Distribution and services The company’s distribution and services are offered through brands and professional service and advice offered by Euromaster in Europe and Tire Centers Inc. (TCI) in North America. Maps and Guides, ViaMichelin The company, through ViaMichelin, offers maps and guides services and digital mobility enabling products. Michelin Lifestyle products The company offers lifestyle products developed in partnership with licensees for automotive and cycle accessories, equipment for work, sport and leisure, and collectibles. Other Services The company’s other services include speciality tires, earthmover and agricultural, aircraft tires, 2 wheels, maps and guides, ViaMichelin, and Michelin LifeStyle.


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Price/Earnings 15.0x
Price/Sales 0.8x
Price/Book 1.9x
Price/Cash Flow 14.4x
TEV/Sales 0.6x

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