Compagnie Générale des Établissements Michelin Société en commandite par actions

ENXTPA:ML Stock Report

Market Cap: €22.5b

Compagnie Générale des Établissements Michelin Société en commandite par actions Management

Management criteria checks 3/4

Compagnie Générale des Établissements Michelin Société en commandite par actions' CEO is Florent Menegaux, appointed in May 2019, has a tenure of 5.58 years. total yearly compensation is €3.81M, comprised of 28.9% salary and 71.1% bonuses, including company stock and options. directly owns 0.018% of the company’s shares, worth €4.15M. The average tenure of the management team and the board of directors is 3.9 years and 6.6 years respectively.

Key information

Florent Menegaux

Chief executive officer

€3.8m

Total compensation

CEO salary percentage28.9%
CEO tenure5.6yrs
CEO ownership0.02%
Management average tenure3.9yrs
Board average tenure6.6yrs

Recent management updates

We Think The Compensation For Compagnie Générale des Établissements Michelin Société en commandite par actions' (EPA:ML) CEO Looks About Right

May 11
We Think The Compensation For Compagnie Générale des Établissements Michelin Société en commandite par actions' (EPA:ML) CEO Looks About Right

Recent updates

Here's Why Compagnie Générale des Établissements Michelin Société en commandite par actions (EPA:ML) Can Manage Its Debt Responsibly

Nov 01
Here's Why Compagnie Générale des Établissements Michelin Société en commandite par actions (EPA:ML) Can Manage Its Debt Responsibly

Should You Think About Buying Compagnie Générale des Établissements Michelin Société en commandite par actions (EPA:ML) Now?

Oct 16
Should You Think About Buying Compagnie Générale des Établissements Michelin Société en commandite par actions (EPA:ML) Now?

Compagnie Générale des Établissements Michelin Société en commandite par actions (EPA:ML) Has Some Way To Go To Become A Multi-Bagger

Sep 16
Compagnie Générale des Établissements Michelin Société en commandite par actions (EPA:ML) Has Some Way To Go To Become A Multi-Bagger

Estimating The Intrinsic Value Of Compagnie Générale des Établissements Michelin Société en commandite par actions (EPA:ML)

Sep 02
Estimating The Intrinsic Value Of Compagnie Générale des Établissements Michelin Société en commandite par actions (EPA:ML)

Results: Compagnie Générale des Établissements Michelin Société en commandite par actions Exceeded Expectations And The Consensus Has Updated Its Estimates

Jul 27
Results: Compagnie Générale des Établissements Michelin Société en commandite par actions Exceeded Expectations And The Consensus Has Updated Its Estimates

Is Compagnie Générale des Établissements Michelin Société en commandite par actions (EPA:ML) A Risky Investment?

Jun 18
Is Compagnie Générale des Établissements Michelin Société en commandite par actions (EPA:ML) A Risky Investment?

Investors Aren't Entirely Convinced By Compagnie Générale des Établissements Michelin Société en commandite par actions' (EPA:ML) Earnings

Jun 03
Investors Aren't Entirely Convinced By Compagnie Générale des Établissements Michelin Société en commandite par actions' (EPA:ML) Earnings

Compagnie Générale des Établissements Michelin Société en commandite par actions (EPA:ML) Is Increasing Its Dividend To €1.35

May 14
Compagnie Générale des Établissements Michelin Société en commandite par actions (EPA:ML) Is Increasing Its Dividend To €1.35

We Think The Compensation For Compagnie Générale des Établissements Michelin Société en commandite par actions' (EPA:ML) CEO Looks About Right

May 11
We Think The Compensation For Compagnie Générale des Établissements Michelin Société en commandite par actions' (EPA:ML) CEO Looks About Right

Compagnie Générale des Établissements Michelin Société en commandite par actions (EPA:ML) Is Increasing Its Dividend To €1.35

Apr 25
Compagnie Générale des Établissements Michelin Société en commandite par actions (EPA:ML) Is Increasing Its Dividend To €1.35

We Think Compagnie Générale des Établissements Michelin Société en commandite par actions' (EPA:ML) Healthy Earnings Might Be Conservative

Apr 15
We Think Compagnie Générale des Établissements Michelin Société en commandite par actions' (EPA:ML) Healthy Earnings Might Be Conservative

Compagnie Générale des Établissements Michelin Société en commandite par actions (EPA:ML) Is Paying Out A Larger Dividend Than Last Year

Apr 11
Compagnie Générale des Établissements Michelin Société en commandite par actions (EPA:ML) Is Paying Out A Larger Dividend Than Last Year

Why Compagnie Générale des Établissements Michelin Société en commandite par actions (EPA:ML) Could Be Worth Watching

Apr 08
Why Compagnie Générale des Établissements Michelin Société en commandite par actions (EPA:ML) Could Be Worth Watching

Compagnie Générale des Établissements Michelin Société en commandite par actions (EPA:ML) Is Increasing Its Dividend To €1.35

Mar 26
Compagnie Générale des Établissements Michelin Société en commandite par actions (EPA:ML) Is Increasing Its Dividend To €1.35

Compagnie Générale des Établissements Michelin Société en commandite par actions (EPA:ML) Is Increasing Its Dividend To €1.35

Feb 29
Compagnie Générale des Établissements Michelin Société en commandite par actions (EPA:ML) Is Increasing Its Dividend To €1.35

CEO Compensation Analysis

How has Florent Menegaux's remuneration changed compared to Compagnie Générale des Établissements Michelin Société en commandite par actions's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

€2b

Mar 31 2024n/an/a

€2b

Dec 31 2023€4m€1m

€2b

Sep 30 2023n/an/a

€2b

Jun 30 2023n/an/a

€2b

Mar 31 2023n/an/a

€2b

Dec 31 2022€3m€1m

€2b

Sep 30 2022n/an/a

€2b

Jun 30 2022n/an/a

€2b

Mar 31 2022n/an/a

€2b

Dec 31 2021€3m€900k

€2b

Sep 30 2021n/an/a

€2b

Jun 30 2021n/an/a

€2b

Mar 31 2021n/an/a

€1b

Dec 31 2020€2m€900k

€628m

Sep 30 2020n/an/a

€691m

Jun 30 2020n/an/a

€754m

Mar 31 2020n/an/a

€1b

Dec 31 2019€2m€900k

€2b

Sep 30 2019n/an/a

€2b

Jun 30 2019n/an/a

€2b

Mar 31 2019n/an/a

€2b

Dec 31 2018€2m€555k

€2b

Compensation vs Market: Florent's total compensation ($USD3.96M) is about average for companies of similar size in the French market ($USD4.58M).

Compensation vs Earnings: Florent's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Florent Menegaux (62 yo)

5.6yrs

Tenure

€3,806,845

Compensation

Mr. Florent Menegaux serves as a Chief Executive Officer at Compagnie Générale des Établissements Michelin since May 15, 2019 and its Managing General Partner since May 18, 2018 also its Managing Chairman...

Leadership Team

NamePositionTenureCompensationOwnership
Florent Menegaux
CEO, Managing General Partner & Managing Chairman5.6yrs€3.81m0.018%
€ 4.1m
Yves Chapot
Managing Partner5.4yrs€2.35m0.0087%
€ 2.0m
Valerie Magloire
Head of Investor Relationsno datano datano data
Benoit Balmary
Group General Counselno datano datano data
Jean-Claude Pats
Chief People Officer5.8yrsno datano data
Adeline Challon-Kemoun
Executive Vice President of Engagement & Brands and Michelin Lifestyleno datano datano data
Benedicte Bonnechose
Executive VP of Long-Distance & Urban Transportation and Head of Europe Regions3.9yrsno datano data
Lorraine Frega
EVP of Dist3.9yrsno datano data
Maude Portigliatti
Executive Vice President of High Tech Materials3.5yrsno datano data
Pierre-Louis Dubourdeau
Executive Vice President of Manufacturing1.9yrsno datano data
Manuel Montana
Chief People Officer of North America Region1.9yrsno datano data
Philippe Armand
Chief Executive Officer of MICHELIN Mobility Intelligenceno datano datano data

3.9yrs

Average Tenure

62yo

Average Age

Experienced Management: ML's management team is considered experienced (3.9 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Barbara Dalibard
Non Independent Chairman of Supervisory Board16.6yrs€400.00k0.00039%
€ 87.7k
Monique Leroux
Independent Member of Supervisory Board9.2yrs€115.00k0.00057%
€ 128.2k
Thierry Le Henaff
Senior Independent Supervisory Board Member6.6yrs€85.00k0.00023%
€ 51.7k
Wolf-Henning Scheider
Independent Member of the Supervisory Board3.6yrs€80.00k0.00023%
€ 51.7k
Jean-Michel Severino
Independent Supervisory Board Member4.1yrs€70.00k0.00023%
€ 51.7k
Aruna Jayanthi
Independent Member of Supervisory Board9.6yrs€78.80k0.00023%
€ 51.7k
Anne-Sophie de La Bigne
Independent Member of Supervisory Board11.6yrs€90.00k0.00051%
€ 114.7k
Delphine Roussy
Employee Representative Member of Supervisory Board4yrs€70.00k0.000080%
€ 18.0k
Jean-Christophe Laourde
Employee Representative Member of Supervisory Board4yrs€70.00k0.000060%
€ 13.5k

6.6yrs

Average Tenure

62yo

Average Age

Experienced Board: ML's board of directors are considered experienced (6.6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 08:26
End of Day Share Price 2024/12/24 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Compagnie Générale des Établissements Michelin Société en commandite par actions is covered by 45 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Hans-Peter WodniokAlphaValue
Kristina ChurchBarclays
Erwann DagorneBarclays