Pirelli & C. S.p.A.

BIT:PIRC Stock Report

Market Cap: €5.0b

Pirelli & C Valuation

Is PIRC undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

6/6

Valuation Score 6/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of PIRC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
€8.97
Fair Value
43.9% undervalued intrinsic discount
14
Number of Analysts

Below Fair Value: PIRC (€5.03) is trading below our estimate of fair value (€8.97)

Significantly Below Fair Value: PIRC is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for PIRC?

Key metric: As PIRC is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for PIRC. This is calculated by dividing PIRC's market cap by their current earnings.
What is PIRC's PE Ratio?
PE Ratio10x
Earnings€501.10m
Market Cap€5.03b

Price to Earnings Ratio vs Peers

How does PIRC's PE Ratio compare to its peers?

The above table shows the PE ratio for PIRC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average17.9x
BRE Brembo
9.2x8.2%€2.4b
STLAM Stellantis
4.4x11.7%€23.9b
502355 Balkrishna Industries
27.6x14.0%₹488.7b
MRF MRF
30.7x18.3%₹537.8b
PIRC Pirelli & C
10x10.2%€5.0b

Price-To-Earnings vs Peers: PIRC is good value based on its Price-To-Earnings Ratio (10x) compared to the peer average (17.9x).

Price to Earnings Ratio vs Industry

How does PIRC's PE Ratio compare vs other companies in the European Auto Components Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
PIRC 10.0xIndustry Avg. 10.7xNo. of Companies9PE01020304050+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: PIRC is good value based on its Price-To-Earnings Ratio (10x) compared to the European Auto Components industry average (10.7x).

Price to Earnings Ratio vs Fair Ratio

What is PIRC's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

PIRC PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio10x
Fair PE Ratio11.5x

Price-To-Earnings vs Fair Ratio: PIRC is good value based on its Price-To-Earnings Ratio (10x) compared to the estimated Fair Price-To-Earnings Ratio (11.5x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst PIRC forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€5.03
€6.59
+31.0%
10.0%€7.20€4.60n/a14
Apr ’26€5.40
€6.65
+23.1%
9.4%€7.20€4.60n/a14
Mar ’26€6.03
€6.63
+9.8%
9.6%€7.20€4.60n/a15
Feb ’26€5.82
€6.52
+11.9%
9.6%€7.30€4.60n/a16
Jan ’26€5.47
€6.42
+17.3%
9.8%€7.30€4.60n/a16
Dec ’25€5.13
€6.50
+26.6%
6.4%€7.30€5.80n/a17
Nov ’25€5.07
€6.52
+28.8%
6.6%€7.30€5.80n/a17
Oct ’25€5.34
€6.51
+21.8%
6.6%€7.30€5.80n/a17
Sep ’25€5.49
€6.55
+19.3%
7.2%€7.30€5.80n/a17
Aug ’25€5.56
€6.55
+17.9%
7.2%€7.30€5.80n/a17
Jul ’25€5.62
€6.52
+16.1%
7.5%€7.30€5.80n/a17
Jun ’25€6.08
€6.50
+7.0%
7.1%€7.30€5.80n/a16
May ’25€5.97
€6.29
+5.5%
8.5%€7.30€5.50n/a16
Apr ’25€5.68
€6.05
+6.6%
7.8%€7.30€5.20€5.4015
Mar ’25€5.63
€5.74
+2.0%
9.3%€6.50€4.50€6.0315
Feb ’25€5.01
€5.60
+11.8%
10.4%€6.50€4.50€5.8215
Jan ’25€4.93
€5.56
+12.8%
10.3%€6.50€4.50€5.4715
Dec ’24€4.56
€5.52
+21.0%
10.5%€6.50€4.50€5.1315
Nov ’24€4.23
€5.52
+30.4%
10.7%€6.50€4.50€5.0715
Oct ’24€4.56
€5.65
+23.9%
10.1%€6.50€4.50€5.3415
Sep ’24€4.60
€5.61
+21.8%
9.4%€6.40€4.50€5.4915
Aug ’24€4.88
€5.54
+13.5%
11.3%€6.40€4.00€5.5615
Jul ’24€4.52
€5.55
+22.6%
11.4%€6.40€4.00€5.6215
Jun ’24€4.47
€5.61
+25.7%
10.1%€6.40€4.00€6.0815
May ’24€4.75
€5.56
+17.2%
10.1%€6.40€4.00€5.9715
Apr ’24€4.62
€5.53
+19.7%
10.3%€6.40€4.00€5.6815
AnalystConsensusTarget
Consensus Narrative from 14 Analysts
€6.59
Fair Value
23.7% undervalued intrinsic discount
14
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/21 17:06
End of Day Share Price 2025/04/17 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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 30 analysts. 13 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
Gabriele GambarovaBanca Akros S.p.A. (ESN)
Andrea TodeschiniBanca Akros S.p.A. (ESN)