Compagnie Générale des Établissements Michelin Société en commandite par actions

OTCPK:MGDD.F Stock Report

Market Cap: US$23.0b

Compagnie Générale des Établissements Michelin Société en commandite par actions Valuation

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

Valuation Score

4/6

Valuation Score 4/6

  • 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 MGDD.F when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: MGDD.F ($31.75) is trading below our estimate of fair value ($36.93)

Significantly Below Fair Value: MGDD.F is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for MGDD.F?

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

The above table shows the Price to Earnings ratio for MGDD.F. This is calculated by dividing MGDD.F's market cap by their current earnings.
What is MGDD.F's PE Ratio?
PE Ratio11.4x
Earnings€1.92b
Market Cap€21.81b

Price to Earnings Ratio vs Peers

How does MGDD.F's PE Ratio compare to its peers?

The above table shows the PE ratio for MGDD.F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average17.2x
APTV Aptiv
5.4x-15.8%US$13.0b
MOD Modine Manufacturing
42.8x25.9%US$7.0b
ALV Autoliv
12.3x14.0%US$7.8b
BWA BorgWarner
8.2x4.8%US$7.5b
MGDD.F Compagnie Générale des Établissements Michelin Société en commandite par actions
11.4x11.5%US$21.8b

Price-To-Earnings vs Peers: MGDD.F is good value based on its Price-To-Earnings Ratio (11.4x) compared to the peer average (17.2x).

Price to Earnings Ratio vs Industry

How does MGDD.F's PE Ratio compare vs other companies in the US Auto Components Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
CDTI CDTi Advanced Materials
2.2xn/aUS$2.25m
No more companies available in this PE range
MGDD.F 11.4xIndustry Avg. 19.4xNo. of Companies3PE01020304050+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: MGDD.F is good value based on its Price-To-Earnings Ratio (11.4x) compared to the US Auto Components industry average (19.4x).

Price to Earnings Ratio vs Fair Ratio

What is MGDD.F'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.

MGDD.F PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio11.4x
Fair PE Ratio18.6x

Price-To-Earnings vs Fair Ratio: MGDD.F is good value based on its Price-To-Earnings Ratio (11.4x) compared to the estimated Fair Price-To-Earnings Ratio (18.6x).

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 MGDD.F forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$31.75
US$37.49
+18.1%
13.1%US$44.78US$26.03n/a16
Nov ’25US$33.15
US$38.94
+17.5%
13.1%US$46.51US$27.04n/a16
Oct ’25US$39.25
US$41.91
+6.8%
13.6%US$48.06US$29.06n/a16
Sep ’25n/a
US$40.54
0%
13.4%US$46.64US$28.20n/a16
Aug ’25US$39.62
US$40.54
+2.3%
13.4%US$46.64US$28.20n/a16
Jul ’25US$38.95
US$39.64
+1.8%
14.1%US$46.15US$27.90n/a16
Jun ’25US$40.63
US$39.13
-3.7%
13.4%US$45.48US$28.16n/a15
May ’25US$38.59
US$37.80
-2.0%
12.3%US$45.05US$27.89n/a15
Apr ’25US$38.28
US$38.09
-0.5%
11.2%US$43.36US$28.18n/a14
Mar ’25US$37.28
US$37.77
+1.3%
10.6%US$43.24US$28.11n/a15
Feb ’25US$32.71
US$37.17
+13.6%
10.8%US$43.58US$29.41n/a15
Jan ’25US$35.28
US$37.12
+5.2%
11.0%US$44.70US$29.43n/a15
Dec ’24US$32.56
US$36.63
+12.5%
11.6%US$43.89US$27.43n/a15
Nov ’24US$29.45
US$35.02
+18.9%
13.3%US$42.47US$25.48US$33.1516
Oct ’24US$30.68
US$36.51
+19.0%
13.7%US$43.99US$26.39US$39.2515
Sep ’24US$30.54
US$36.51
+19.6%
13.7%US$43.99US$26.39n/a15
Aug ’24US$33.31
US$36.51
+9.6%
13.7%US$43.99US$26.39US$39.6215
Jul ’24US$28.24
US$36.10
+27.8%
13.9%US$43.62US$23.99US$38.9515
Jun ’24US$28.42
US$35.63
+25.4%
16.6%US$44.09US$22.80US$40.6316
May ’24US$30.63
US$35.63
+16.3%
16.3%US$44.09US$22.81US$38.5916
Apr ’24US$30.46
US$35.01
+14.9%
16.3%US$43.36US$22.43US$38.2816
Mar ’24US$31.28
US$34.65
+10.8%
17.5%US$45.08US$21.95US$37.2816
Feb ’24US$33.58
US$34.99
+4.2%
18.6%US$46.69US$22.73US$32.7116
Jan ’24US$28.26
US$32.50
+15.0%
18.9%US$44.58US$21.70US$35.2817
Dec ’23US$27.56
US$31.62
+14.7%
19.6%US$43.54US$20.49US$32.5617
Nov ’23US$24.38
US$30.83
+26.4%
20.0%US$42.85US$18.45US$29.4517

Analyst Forecast: Target price is less than 20% higher than the current share price.

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