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Pirelli & C BIT:PIRC Stock Report

Last Price

€5.76

Market Cap

€5.8b

7D

2.3%

1Y

6.3%

Updated

15 Feb, 2025

Data

Company Financials +

Pirelli & C. S.p.A.

BIT:PIRC Stock Report

Market Cap: €5.8b

PIRC Stock Overview

Manufactures and supplies tires for cars, motorcycles, and bicycles worldwide. More details

PIRC fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance2/6
Financial Health4/6
Dividends3/6

Rewards

Trading at 10.3% below our estimate of its fair value

Earnings are forecast to grow 12.03% per year

Risk Analysis

Unstable dividend track record

Has a high level of debt


Community Narratives

Create a narrative

Narratives bring a range of perspectives from our community.

WA
Analyst Price Target
Consensus Narrative from 16 Analysts

Bosch Cyber Tyre Partnership And Chinese EV Market Expansion Fuel Earnings Growth

Key Takeaways Growth in high-value tire segments and partnerships in key markets strengthen Pirelli's position and improve margins despite regional demand shifts. Innovations and efficiency gains drive differentiation, sustainability, and earnings stability, securing competitive advantage in the evolving automotive landscape.
View narrative
€6.52
FV
11.7% undervalued intrinsic discount
1.81%
Revenue growth p.a.
1users have liked this narrative
0users have commented on this narrative
1users have followed this narrative
18 days ago author updated this narrative

My Notes

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Pirelli & C. S.p.A. Competitors

Brembo

BIT:BRE

€3.1b

CIR. - Compagnie Industriali Riunite

BIT:CIR

€620.7m

Balkrishna Industries

BSE:502355

₹506.8b

MRF

NSEI:MRF

₹464.3b

Price History & Performance

Summary of share price highs, lows and changes for Pirelli & C
Historical stock prices
Current Share Price€5.76
52 Week High€6.31
52 Week Low€4.88
Beta1.22
1 Month Change0.42%
3 Month Change12.24%
1 Year Change6.28%
3 Year Change0%
5 Year Change21.14%
Change since IPO-11.00%

Recent News & Updates

Is It Too Late To Consider Buying Pirelli & C. S.p.A. (BIT:PIRC)?

Jan 24
Is It Too Late To Consider Buying Pirelli & C. S.p.A. (BIT:PIRC)?

Estimating The Fair Value Of Pirelli & C. S.p.A. (BIT:PIRC)

Dec 06
Estimating The Fair Value Of Pirelli & C. S.p.A. (BIT:PIRC)

Recent updates

Is It Too Late To Consider Buying Pirelli & C. S.p.A. (BIT:PIRC)?

Jan 24
Is It Too Late To Consider Buying Pirelli & C. S.p.A. (BIT:PIRC)?

Estimating The Fair Value Of Pirelli & C. S.p.A. (BIT:PIRC)

Dec 06
Estimating The Fair Value Of Pirelli & C. S.p.A. (BIT:PIRC)

Weak Statutory Earnings May Not Tell The Whole Story For Pirelli & C (BIT:PIRC)

Nov 14
Weak Statutory Earnings May Not Tell The Whole Story For Pirelli & C (BIT:PIRC)

Analyst Estimates: Here's What Brokers Think Of Pirelli & C. S.p.A. (BIT:PIRC) After Its Third-Quarter Report

Nov 11
Analyst Estimates: Here's What Brokers Think Of Pirelli & C. S.p.A. (BIT:PIRC) After Its Third-Quarter Report

Investors Holding Back On Pirelli & C. S.p.A. (BIT:PIRC)

Oct 22
Investors Holding Back On Pirelli & C. S.p.A. (BIT:PIRC)

Should You Be Adding Pirelli & C (BIT:PIRC) To Your Watchlist Today?

Sep 01
Should You Be Adding Pirelli & C (BIT:PIRC) To Your Watchlist Today?

Is Pirelli & C (BIT:PIRC) A Risky Investment?

Aug 18
Is Pirelli & C (BIT:PIRC) A Risky Investment?

Estimating The Intrinsic Value Of Pirelli & C. S.p.A. (BIT:PIRC)

Jul 31
Estimating The Intrinsic Value Of Pirelli & C. S.p.A. (BIT:PIRC)

What Is Pirelli & C. S.p.A.'s (BIT:PIRC) Share Price Doing?

Jul 17
What Is Pirelli & C. S.p.A.'s (BIT:PIRC) Share Price Doing?

Pirelli & C. S.p.A.'s (BIT:PIRC) Earnings Are Not Doing Enough For Some Investors

Jul 03
Pirelli & C. S.p.A.'s (BIT:PIRC) Earnings Are Not Doing Enough For Some Investors

Pirelli & C's (BIT:PIRC) Returns Have Hit A Wall

Jun 14
Pirelli & C's (BIT:PIRC) Returns Have Hit A Wall

Pirelli & C (BIT:PIRC) Seems To Use Debt Quite Sensibly

Apr 23
Pirelli & C (BIT:PIRC) Seems To Use Debt Quite Sensibly

Pirelli & C. S.p.A.'s (BIT:PIRC) Intrinsic Value Is Potentially 25% Below Its Share Price

Apr 08
Pirelli & C. S.p.A.'s (BIT:PIRC) Intrinsic Value Is Potentially 25% Below Its Share Price

Concerns Surrounding Pirelli & C's (BIT:PIRC) Performance

Mar 25
Concerns Surrounding Pirelli & C's (BIT:PIRC) Performance

Shareholder Returns

PIRCIT Auto ComponentsIT Market
7D2.3%4.0%1.6%
1Y6.3%-2.6%17.2%

Return vs Industry: PIRC exceeded the Italian Auto Components industry which returned -2.6% over the past year.

Return vs Market: PIRC underperformed the Italian Market which returned 17.2% over the past year.

Price Volatility

Is PIRC's price volatile compared to industry and market?
PIRC volatility
PIRC Average Weekly Movement2.9%
Auto Components Industry Average Movement3.7%
Market Average Movement4.2%
10% most volatile stocks in IT Market7.8%
10% least volatile stocks in IT Market2.5%

Stable Share Price: PIRC has not had significant price volatility in the past 3 months compared to the Italian market.

Volatility Over Time: PIRC's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
187231,358Andrea Livio Casaluciwww.pirelli.com

Pirelli & C. S.p.A. manufactures and supplies tires for cars, motorcycles, and bicycles worldwide. It offers car tires under the P ZERO, Cinturato, Scorpion, Sottozero, Pirelli Ice, and Carrier brand names; motorcycle tires under the DIABLO Superbike, DIABLO SUPERCORSA SC, DIABLO ROSSO IV, DIABLO Rain, ANGEL GT, DIABLO ROSSO II, DIABLO Wet, SCORPION MX, SCORPION Pro F.I.M., SCORPION XC, DIABLO SUPERCORSA SP, PHANTOM SPORTSCOMP, DIABLO Rosso IV Corsa, DIABLO Rosso III, ANGEL GT II, NIGHT DRAGON, MT 66 ROUTE, SCORPION Trail II, MT 60 RS, MT 60, SCORPION MT 90 A/T, SCORPION Rally STR, SPORT DEMON, MT 21 Rallycross, MT 43 PRO TRIAL, DIABLO ROSSO Scooter, and ANGEL Scooter brands; motorsport tires under the P ZERO TROFEO R, SOTTOZERO, P7 Corsa, K, KM, RK, rain, and Slick brands; bike tires under the P Zero, Cinturato, and Scorpion brand names; and truck and bus tires. The company also provides Run Flat and Seal Inside specialties that enable cars to continue driving after a puncture; Pirelli Noise Cancelling System for reducing noise by rolling; and Elect, a line of tires for electric vehicles.

Pirelli & C. S.p.A. Fundamentals Summary

How do Pirelli & C's earnings and revenue compare to its market cap?
PIRC fundamental statistics
Market cap€5.76b
Earnings (TTM)€432.48m
Revenue (TTM)€6.94b

13.3x

P/E Ratio

0.8x

P/S Ratio

Is PIRC overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PIRC income statement (TTM)
Revenue€6.94b
Cost of Revenue€2.17b
Gross Profit€4.76b
Other Expenses€4.33b
Earnings€432.48m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 26, 2025

Earnings per share (EPS)0.43
Gross Margin68.66%
Net Profit Margin6.23%
Debt/Equity Ratio62.0%

How did PIRC perform over the long term?

See historical performance and comparison

Dividends

3.4%

Current Dividend Yield

46%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/15 09:50
End of Day Share Price 2025/02/14 00:00
Earnings2024/09/30
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.

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 Github.

Analyst Sources

Pirelli & C. S.p.A. is covered by 34 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
Gian GadiniBanca Akros S.p.A. (ESN)
Andrea TodeschiniBanca Akros S.p.A. (ESN)