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 Past Earnings Performance

Past criteria checks 1/6

Compagnie Générale des Établissements Michelin Société en commandite par actions has been growing earnings at an average annual rate of 12%, while the Auto Components industry saw earnings growing at 6.3% annually. Revenues have been growing at an average rate of 6.3% per year. Compagnie Générale des Établissements Michelin Société en commandite par actions's return on equity is 10.8%, and it has net margins of 6.9%.

Key information

12.0%

Earnings growth rate

12.1%

EPS growth rate

Auto Components Industry Growth-14.8%
Revenue growth rate6.3%
Return on equity10.8%
Net Margin6.9%
Next Earnings Update12 Feb 2025

Recent past performance updates

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

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

Revenue & Expenses Breakdown

How Compagnie Générale des Établissements Michelin Société en commandite par actions makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

ENXTPA:ML Revenue, expenses and earnings (EUR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 2427,7451,9203,710774
31 Mar 2428,0441,9503,690765
31 Dec 2328,3431,9803,670756
30 Sep 2328,8622,1783,622741
30 Jun 2329,3802,3763,574725
31 Mar 2328,9852,1883,539712
31 Dec 2228,5901,9993,504698
30 Sep 2227,2411,8273,487696
30 Jun 2225,8921,6543,469694
31 Mar 2224,8441,7473,401688
31 Dec 2123,7951,8393,332682
30 Sep 2123,0501,8133,271673
30 Jun 2122,3041,7863,209663
31 Mar 2121,3871,2073,180655
31 Dec 2020,4696283,151646
30 Sep 2021,0906913,213656
30 Jun 2021,7117543,274665
31 Mar 2022,9231,2473,373676
31 Dec 1924,1351,7403,472687
30 Sep 1923,6711,6693,413673
30 Jun 1923,2061,5983,354659
31 Mar 1922,6171,6323,275654
31 Dec 1822,0281,6653,195648
30 Sep 1821,7661,7083,332642
30 Jun 1821,5041,7513,468636
31 Mar 1821,7321,7203,659639
31 Dec 1721,9601,6893,849641
30 Sep 1721,8171,7213,874663
30 Jun 1721,6741,7523,898684
31 Mar 1721,2911,7083,862701
31 Dec 1620,9071,6643,826718
30 Sep 1620,9511,4453,822710
30 Jun 1620,9941,2253,817701
31 Mar 1621,0971,1933,802695
31 Dec 1521,1991,1603,786689
30 Sep 1520,7881,1373,758688
30 Jun 1520,3771,1133,730686
31 Mar 1519,9651,0693,665671
31 Dec 1419,5531,0253,599656
30 Sep 1419,6571,1293,612653
30 Jun 1419,7611,2333,624649
31 Mar 1420,0041,1773,641646
31 Dec 1320,2471,1203,658643

Quality Earnings: ML has a large one-off loss of €897.0M impacting its last 12 months of financial results to 30th June, 2024.

Growing Profit Margin: ML's current net profit margins (6.9%) are lower than last year (8.1%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: ML's earnings have grown by 12% per year over the past 5 years.

Accelerating Growth: ML's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: ML had negative earnings growth (-19.2%) over the past year, making it difficult to compare to the Auto Components industry average (-19.2%).


Return on Equity

High ROE: ML's Return on Equity (10.8%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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