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ML (Michelin) Stock Analysis
Buy, Hold or Sell?

Let's analyze Michelin together

I guess you are interested in Compagnie Generale des Etablissements Michelin SCA. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

  • πŸ“Š Fundamental Analysis (FA) – Michelin’s Financial Insights
  • πŸ“ˆ Technical Analysis (TA) – Michelin’s Price Targets

I'm going to help you getting a better view of Compagnie Generale des Etablissements Michelin SCA. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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1. Quick Overview

1.1. Quick analysis of Michelin (30 sec.)










1.2. What can you expect buying and holding a share of Michelin? (30 sec.)

How much money do you get?

How much money do you get?
€6.33
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
€25.99
Expected worth in 1 year
€30.13
How sure are you?
90.0%

+ What do you gain per year?

Total Gains per Share
€9.51
Return On Investment
30.2%

For what price can you sell your share?

Current Price per Share
€31.47
Expected price per share
€26.66 - €34.30
How sure are you?
50%
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2. Detailed Analysis

2.1. Valuation of Michelin (5 min.)




Live pricePrice per Share (EOD)
€31.47
Intrinsic Value Per Share
€20.01 - €37.80
Total Value Per Share
€46.00 - €63.79

2.2. Growth of Michelin (5 min.)




Is Michelin growing?

Current yearPrevious yearGrowGrow %
How rich?$22b$21.2b$798.2m3.6%

How much money is Michelin making?

Current yearPrevious yearGrowGrow %
Making money$2.2b$2.3b-$116.8m-5.3%
Net Profit Margin6.9%7.0%--

How much money comes from the company's main activities?

2.3. Financial Health of Michelin (5 min.)




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3. Summary and Key Metrics

3.1. What can you expect buying and holding a share of Michelin?

Welcome investor! Michelin's management wants to use your money to grow the business. In return you get a share of Michelin.

First you should know what it really means to hold a share of Michelin. And how you can make/lose money.

Speculation

The Price per Share of Michelin is €31.47. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Michelin.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Michelin, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is €25.99. Based on the TTM, the Book Value Change Per Share is €1.04 per quarter. Based on the YOY, the Book Value Change Per Share is €1.09 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is €1.34 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Michelin.

How much money are you going to get?

 MRQTTMYOY3Y5Y10Y
 β‚¬% of Price per Share€% of Price per Share€% of Price per Share€% of Price per Share€% of Price per Share€% of Price per Share
Usd Eps3.109.9%3.109.9%3.2510.3%3.2210.2%2.748.7%2.658.4%
Usd Book Value Change Per Share1.223.9%1.223.9%1.294.1%2.036.4%1.805.7%1.615.1%
Usd Dividend Per Share1.585.0%1.585.0%1.474.7%1.464.6%1.133.6%1.023.3%
Usd Total Gains Per Share2.818.9%2.818.9%2.758.7%3.4811.1%2.939.3%2.648.4%
Usd Price Per Share37.55-37.55-38.33-35.52-80.14-100.17-
Price to Earnings Ratio12.10-12.10-11.78-11.07-41.85-44.89-
Price-to-Total Gains Ratio13.38-13.38-13.92-11.19--74.78--6.67-
Price to Book Ratio1.22-1.22-1.30-1.20-3.30-4.97-
Price-to-Total Gains Ratio13.38-13.38-13.92-11.19--74.78--6.67-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share37.159776
Number of shares26
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share1.581.13
Usd Book Value Change Per Share1.221.80
Usd Total Gains Per Share2.812.93
Gains per Quarter (26 shares)72.9676.15
Gains per Year (26 shares)291.84304.60
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1165127282117187295
2329254574234375600
3494382866351562905
465850911584697501210
582363614505869371515
6988763174270311251820
71152891203482013122125
813171018232693715002430
9148111452618105416872735
10164612722910117118753040

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%23.00.00.0100.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%9.01.00.090.0%18.05.00.078.3%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%23.00.00.0100.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%9.01.00.090.0%20.03.00.087.0%
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3.2. Key Performance Indicators

The key performance indicators of Compagnie Generale des Etablissements Michelin SCA compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-3Y+/-5 Year+/-10 Year+/-
Book Value Change Per Share--1.0361.0360%1.091-5%1.716-40%1.526-32%1.366-24%
Book Value Per Share--25.99025.9900%24.954+4%24.936+4%22.655+15%19.075+36%
Current Ratio--1.7611.7610%1.7650%1.731+2%1.742+1%1.738+1%
Debt To Asset Ratio--0.5010.5010%0.490+2%0.5020%0.535-6%0.559-10%
Debt To Equity Ratio--1.0051.0050%0.960+5%1.010-1%1.168-14%1.286-22%
Dividend Per Share--1.3401.3400%1.241+8%1.234+9%0.954+41%0.867+55%
Enterprise Value--8108328000.0008108328000.0000%8922449480.000-9%6674172910.000+21%33886782546.000-76%47369718813.000-83%
Eps--2.6282.6280%2.756-5%2.724-4%2.322+13%2.240+17%
Ev To Ebitda Ratio--1.8471.8470%1.826+1%1.428+29%8.592-79%11.897-84%
Ev To Sales Ratio--0.2980.2980%0.315-5%0.239+25%1.483-80%2.125-86%
Free Cash Flow Per Share--2.8892.8890%4.240-32%2.278+27%2.300+26%1.936+49%
Free Cash Flow To Equity Per Share--1.7811.7810%0.994+79%-0.037+102%0.887+101%1.059+68%
Gross Profit Margin--0.3610.3610%0.390-7%0.388-7%0.171+111%0.043+742%
Intrinsic Value_10Y_max--37.804----------
Intrinsic Value_10Y_min--20.010----------
Intrinsic Value_1Y_max--2.627----------
Intrinsic Value_1Y_min--1.973----------
Intrinsic Value_3Y_max--8.778----------
Intrinsic Value_3Y_min--5.992----------
Intrinsic Value_5Y_max--15.996----------
Intrinsic Value_5Y_min--10.048----------
Market Cap22447614443.520-2%22799328000.00022799328000.0000%23359449480.000-2%21598839576.667+6%48711582546.000-53%61777518813.000-63%
Net Profit Margin--0.0690.0690%0.070-1%0.070-1%0.064+9%0.068+2%
Operating Margin--0.0970.0970%0.102-5%0.101-4%0.096+0%0.106-9%
Operating Ratio--0.9030.9030%0.9060%0.898+1%0.896+1%0.891+1%
Pb Ratio1.211-1%1.2241.2240%1.301-6%1.204+2%3.297-63%4.974-75%
Pe Ratio11.976-1%12.10212.1020%11.780+3%11.065+9%41.854-71%44.892-73%
Price Per Share31.470-1%31.80031.8000%32.460-2%30.082+6%67.869-53%84.830-63%
Price To Free Cash Flow Ratio10.895-1%11.00911.0090%7.656+44%-23.362+312%10.239+8%38.834-72%
Price To Total Gains Ratio13.242-1%13.38113.3810%13.921-4%11.192+20%-74.783+659%-6.674+150%
Quick Ratio--0.9280.9280%1.028-10%0.944-2%1.014-8%0.935-1%
Return On Assets--0.0500.0500%0.056-10%0.054-7%0.047+7%0.053-5%
Return On Equity--0.1010.1010%0.110-8%0.110-8%0.100+1%0.120-16%
Total Gains Per Share--2.3762.3760%2.332+2%2.950-19%2.480-4%2.234+6%
Usd Book Value--22003027200.00022003027200.0000%21204806400.000+4%21139468800.000+4%19202169600.000+15%16314995520.000+35%
Usd Book Value Change Per Share--1.2231.2230%1.288-5%2.026-40%1.802-32%1.613-24%
Usd Book Value Per Share--30.68930.6890%29.466+4%29.444+4%26.751+15%22.524+36%
Usd Dividend Per Share--1.5831.5830%1.465+8%1.457+9%1.126+41%1.024+55%
Usd Enterprise Value--9574313702.4009574313702.4000%10535628345.984-9%7880863372.128+21%40013512830.317-76%55934163974.390-83%
Usd Eps--3.1033.1030%3.254-5%3.217-4%2.742+13%2.645+17%
Usd Free Cash Flow--2445436800.0002445436800.0000%3602620800.000-32%1933363200.000+26%1950209280.000+25%1655245440.000+48%
Usd Free Cash Flow Per Share--3.4113.4110%5.006-32%2.690+27%2.716+26%2.286+49%
Usd Free Cash Flow To Equity Per Share--2.1032.1030%1.173+79%-0.044+102%1.047+101%1.251+68%
Usd Market Cap26506143134.908-2%26921446502.40026921446502.4000%27582837945.984-2%25503909772.128+6%57518636670.317-53%72946894214.390-63%
Usd Price Per Share37.160-1%37.54937.5490%38.329-2%35.520+6%80.140-53%100.167-63%
Usd Profit--2224627200.0002224627200.0000%2341526400.000-5%2309644800.000-4%1970519040.000+13%1926593280.000+15%
Usd Revenue--32109494400.00032109494400.0000%33467414400.000-4%33111993600.000-3%30320582400.000+6%28176131520.000+14%
Usd Total Gains Per Share--2.8062.8060%2.753+2%3.483-19%2.929-4%2.638+6%
 EOD+4 -4MRQTTM+0 -0YOY+13 -273Y+21 -195Y+26 -1410Y+26 -14

3.3 Fundamental Score

Let's check the fundamental score of Compagnie Generale des Etablissements Michelin SCA based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1511.976
Price to Book Ratio (EOD)Between0-11.211
Net Profit Margin (MRQ)Greater than00.069
Operating Margin (MRQ)Greater than00.097
Quick Ratio (MRQ)Greater than10.928
Current Ratio (MRQ)Greater than11.761
Debt to Asset Ratio (MRQ)Less than10.501
Debt to Equity Ratio (MRQ)Less than11.005
Return on Equity (MRQ)Greater than0.150.101
Return on Assets (MRQ)Greater than0.050.050
Total6/10 (60.0%)

3.4 Technical Score

Let's check the technical score of Compagnie Generale des Etablissements Michelin SCA based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5043.130
Ma 20Greater thanMa 5031.995
Ma 50Greater thanMa 10032.148
Ma 100Greater thanMa 20031.852
OpenGreater thanClose31.550
Total3/5 (60.0%)

4. In-depth Analysis

4.1 About Compagnie Generale des Etablissements Michelin SCA

Compagnie GΓ©nΓ©rale des Γ‰tablissements Michelin SociΓ©tΓ© en commandite par actions manufactures and sells tires worldwide. The company offers tires for private use covering cars, racing, biking, motorcycles, scooters, and mopeds; and professional use, such as freight and people transport, agriculture, construction and industrial, mining and quarries, corporate fleets, tradesmen and professionals, civil and military operations, light rail, and aircraft. It is also involved in the provision of tire-related services, including development of mobility solutions for fleet managers, vehicle manufacturers, farmers, distributors, and individuals; mobility services, such as road maps, mobile apps, itineraries, and travel guides; lifestyle products comprising car and bike accessories, shoe soles, and sports and leisure gears; and high-tech materials that include 3D metal printing, specialty, rubber, biosourced, and recycled materials. Compagnie GΓ©nΓ©rale des Γ‰tablissements Michelin SociΓ©tΓ© en commandite par actions was incorporated in 1863 and is based in Clermont-Ferrand, France.

Fundamental data was last updated by Penke on 2025-06-17 14:07:04.

4.2 In-depth Summary

4.2.1. Financial Health Summary

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is less efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is able to pay all its debts with equity.

4.2.2. Valuation Summary

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is underpriced.
Based on how much money comes from the company's main activities, the company is cheap.
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4.3 Financial Health

4.3.1. Profitability

4.3.1 Profitability
4.3.1.1. Net Profit Margin

Measures how much net profitΒ Michelin earns for each €1 of revenue.

  • Above 10% is considered healthy but always compareΒ Michelin to theΒ Automobiles & Auto Parts industry mean.
  • A Net Profit Margin of 6.9%Β means thatΒ €0.07 for each €1Β in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Compagnie Generale des Etablissements Michelin SCA:

  • The MRQ is 6.9%. The company is making a profit. +1
  • The TTM is 6.9%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ6.9%TTM6.9%0.0%
TTM6.9%YOY7.0%-0.1%
TTM6.9%5Y6.4%+0.6%
5Y6.4%10Y6.8%-0.4%
4.3.1.2. Return on Assets

Shows howΒ efficientΒ Michelin is using its assets to generate profit.

  • Above 5% is considered healthyΒ but always compareΒ Michelin to theΒ Automobiles & Auto Parts industry mean.
  • 5.0% Return on Assets means thatΒ Michelin generatedΒ €0.05 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Compagnie Generale des Etablissements Michelin SCA:

  • The MRQ is 5.0%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 5.0%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ5.0%TTM5.0%0.0%
TTM5.0%YOY5.6%-0.6%
TTM5.0%5Y4.7%+0.3%
5Y4.7%10Y5.3%-0.6%
4.3.1.3. Return on Equity

Shows how efficient Michelin is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compareΒ Michelin to theΒ Automobiles & Auto Parts industry mean.
  • 10.1% Return on Equity means Michelin generated €0.10Β for eachΒ €1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Compagnie Generale des Etablissements Michelin SCA:

  • The MRQ is 10.1%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 10.1%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ10.1%TTM10.1%0.0%
TTM10.1%YOY11.0%-0.9%
TTM10.1%5Y10.0%+0.1%
5Y10.0%10Y12.0%-2.0%
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4.3.2. Operating Efficiency of Compagnie Generale des Etablissements Michelin SCA.

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

MeasuresΒ how efficient Michelin is operatingΒ .

  • Measures how much profit Michelin makes for each €1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compareΒ Michelin to theΒ Automobiles & Auto Parts industry mean.
  • An Operating Margin of 9.7%Β means the company generated €0.10 Β for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Compagnie Generale des Etablissements Michelin SCA:

  • The MRQ is 9.7%. The company is operating less efficient.
  • The TTM is 9.7%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ9.7%TTM9.7%0.0%
TTM9.7%YOY10.2%-0.5%
TTM9.7%5Y9.6%+0.0%
5Y9.6%10Y10.6%-1.0%
4.3.2.2. Operating Ratio

Measures how efficient Michelin is keepingΒ operating costsΒ low.

  • Below 1 is considered healthy (always compare toΒ Automobiles & Auto Parts industry mean).
  • An Operation Ratio of 0.90 means that the operating costs are €0.90 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of Compagnie Generale des Etablissements Michelin SCA:

  • The MRQ is 0.903. The company is less efficient in keeping operating costs low.
  • The TTM is 0.903. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.903TTM0.9030.000
TTM0.903YOY0.906-0.003
TTM0.9035Y0.896+0.008
5Y0.89610Y0.891+0.005
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4.4.3. Liquidity of Compagnie Generale des Etablissements Michelin SCA.

4.4.3. Liquidity
4.4.3.1. Current Ratio

Measures if Michelin is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare toΒ Automobiles & Auto Parts industry mean).
  • A Current Ratio of 1.76Β means the company has €1.76 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of Compagnie Generale des Etablissements Michelin SCA:

  • The MRQ is 1.761. The company is able to pay all its short-term debts. +1
  • The TTM is 1.761. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.761TTM1.7610.000
TTM1.761YOY1.765-0.004
TTM1.7615Y1.742+0.019
5Y1.74210Y1.738+0.005
4.4.3.2. Quick Ratio

Measures if Michelin is able to pay off Short-term Debt but only usingΒ theΒ most liquid assets.

  • Above 1 is considered healthy butΒ always compareΒ Michelin to theΒ Automobiles & Auto Parts industry mean.
  • A Quick Ratio of 0.93Β means the company can pay off €0.93 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Compagnie Generale des Etablissements Michelin SCA:

  • The MRQ is 0.928. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.928. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.928TTM0.9280.000
TTM0.928YOY1.028-0.100
TTM0.9285Y1.014-0.086
5Y1.01410Y0.935+0.079
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4.5.4. Solvency of Compagnie Generale des Etablissements Michelin SCA.

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

Measures how much %Β of MichelinΒ assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compareΒ Michelin to Automobiles & Auto Parts industry mean.
  • A Debt to Asset Ratio of 0.50Β means that Michelin assets areΒ financed with 50.1% credit (debt) and the remaining percentage (100% - 50.1%)Β is financed by its owners/shareholders.Β 

Let's take a look of the Debt to Asset Ratio trends of Compagnie Generale des Etablissements Michelin SCA:

  • The MRQ is 0.501. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.501. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.501TTM0.5010.000
TTM0.501YOY0.490+0.011
TTM0.5015Y0.535-0.034
5Y0.53510Y0.559-0.024
4.5.4.2. Debt to Equity Ratio

Measures ifΒ Michelin is able toΒ pay off its debts by usingΒ shareholders equity.

  • Below 2 is considered healthy butΒ always compareΒ Michelin to theΒ Automobiles & Auto Parts industry mean.
  • A Debt to Equity ratio of 100.5% means that company has €1.00 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Compagnie Generale des Etablissements Michelin SCA:

  • The MRQ is 1.005. The company is able to pay all its debts with equity. +1
  • The TTM is 1.005. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.005TTM1.0050.000
TTM1.005YOY0.960+0.045
TTM1.0055Y1.168-0.163
5Y1.16810Y1.286-0.117
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4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio

MeasuresΒ how much money you payΒ for each share forΒ every €1 in earnings Michelin generates.

  • Above 15 is considered overpriced butΒ always compareΒ Michelin to theΒ Automobiles & Auto Parts industry mean.
  • A PE ratio of 12.10 means the investor is paying €12.10Β for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Compagnie Generale des Etablissements Michelin SCA:

  • The EOD is 11.976. Based on the earnings, the company is underpriced. +1
  • The MRQ is 12.102. Based on the earnings, the company is underpriced. +1
  • The TTM is 12.102. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD11.976MRQ12.102-0.126
MRQ12.102TTM12.1020.000
TTM12.102YOY11.780+0.322
TTM12.1025Y41.854-29.753
5Y41.85410Y44.892-3.038
4.6.2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Compagnie Generale des Etablissements Michelin SCA:

  • The EOD is 10.895. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 11.009. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 11.009. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD10.895MRQ11.009-0.114
MRQ11.009TTM11.0090.000
TTM11.009YOY7.656+3.353
TTM11.0095Y10.239+0.770
5Y10.23910Y38.834-28.594
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4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio

Measures if the stock price ofΒ Michelin is to cheap or to expensiveΒ compared to its book value.

  • At or below 1 is considered healthyΒ (always compare to Automobiles & Auto Parts industry mean).
  • A PB ratio of 1.22 means the investor is paying €1.22Β for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of Compagnie Generale des Etablissements Michelin SCA:

  • The EOD is 1.211. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.224. Based on the equity, the company is underpriced. +1
  • The TTM is 1.224. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.211MRQ1.224-0.013
MRQ1.224TTM1.2240.000
TTM1.224YOY1.301-0.077
TTM1.2245Y3.297-2.073
5Y3.29710Y4.974-1.678
4.6.2. Total Gains per Share

2.4. Latest News of Compagnie Generale des Etablissements Michelin SCA

Does Compagnie Generale des Etablissements Michelin SCA still have the same value as the quarterly reports suggest? Recent changes may be an indication that the value of the company is changing. Read the news from Compagnie Generale des Etablissements Michelin SCA to keep up to date. Note: the news is often already included in the price.

DateTitleRead
2025-06-09
21:31
Tire maker Michelin to close plant in central Mexico, newspaper reportsRead
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6. Financial Statements




6.1. Latest Balance Sheet

Balance Sheet of 2024-12-31. Currency in EUR. All numbers in thousands.

Summary
Total Assets37,352,000
Total Liabilities18,718,000
Total Stockholder Equity18,625,000
 As reported
Total Liabilities 18,718,000
Total Stockholder Equity+ 18,625,000
Total Assets = 37,352,000

Assets

Total Assets37,352,000
Total Current Assets15,339,000
Long-term Assets22,013,000
Total Current Assets
Cash And Cash Equivalents 3,737,000
Short-term Investments 290,000
Net Receivables 3,766,000
Inventory 5,699,000
Other Current Assets 1,847,000
Total Current Assets  (as reported)15,339,000
Total Current Assets  (calculated)15,339,000
+/-0
Long-term Assets
Property Plant Equipment 13,982,000
Goodwill 2,829,000
Intangible Assets 2,120,000
Long-term Assets Other 787,000
Long-term Assets  (as reported)22,013,000
Long-term Assets  (calculated)19,718,000
+/- 2,295,000

Liabilities & Shareholders' Equity

Total Current Liabilities8,710,000
Long-term Liabilities10,008,000
Total Stockholder Equity18,625,000
Total Current Liabilities
Short-term Debt 1,600,000
Short Long Term Debt 1,342,000
Accounts payable 3,775,000
Other Current Liabilities 2,420,000
Total Current Liabilities  (as reported)8,710,000
Total Current Liabilities  (calculated)9,137,000
+/- 427,000
Long-term Liabilities
Long term Debt 4,897,000
Capital Lease Obligations 1,130,000
Long-term Liabilities Other 156,000
Long-term Liabilities  (as reported)10,008,000
Long-term Liabilities  (calculated)6,183,000
+/- 3,825,000
Total Stockholder Equity
Common Stock353,000
Retained Earnings 16,021,000
Other Stockholders Equity 2,251,000
Total Stockholder Equity (as reported)18,625,000
Total Stockholder Equity (calculated)18,625,000
+/-0
Other
Capital Stock353,000
Cash and Short Term Investments 4,027,000
Common Stock Shares Outstanding 716,960
Liabilities and Stockholders Equity 37,352,000
Net Debt 3,632,000
Net Invested Capital 24,864,000
Net Working Capital 6,629,000
Property Plant and Equipment Gross 37,465,000
Short Long Term Debt Total 7,369,000



6.2. Balance Sheets Structured

Currency in EUR. All numbers in thousands.

 Trend2024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-312005-12-312004-12-312003-12-312002-12-31
> Total Assets 
16,311,118
16,166,903
16,074,000
16,881,000
16,874,000
16,449,000
16,594,000
16,518,000
19,663,000
20,888,000
21,582,000
20,682,000
22,430,000
23,893,000
25,322,000
25,267,000
30,126,000
31,677,000
31,637,000
34,544,000
35,346,000
35,195,000
37,352,000
37,352,00035,195,00035,346,00034,544,00031,637,00031,677,00030,126,00025,267,00025,322,00023,893,00022,430,00020,682,00021,582,00020,888,00019,663,00016,518,00016,594,00016,449,00016,874,00016,881,00016,074,00016,166,90316,311,118
   > Total Current Assets 
9,580,959
9,565,480
8,146,000
7,956,000
7,882,000
7,284,000
7,494,000
7,287,000
9,665,000
10,318,000
10,154,000
9,330,000
9,284,000
9,959,000
10,853,000
10,782,000
11,701,000
11,143,000
13,082,000
14,924,000
15,074,000
13,669,000
15,339,000
15,339,00013,669,00015,074,00014,924,00013,082,00011,143,00011,701,00010,782,00010,853,0009,959,0009,284,0009,330,00010,154,00010,318,0009,665,0007,287,0007,494,0007,284,0007,882,0007,956,0008,146,0009,565,4809,580,959
       Cash And Cash Equivalents 
418,563
539,488
1,655,000
611,000
680,000
330,000
456,000
1,231,000
1,590,000
1,593,000
1,858,000
1,563,000
1,167,000
1,552,000
1,826,000
1,773,000
2,128,000
1,466,000
4,747,000
4,482,000
2,584,000
2,515,000
3,737,000
3,737,0002,515,0002,584,0004,482,0004,747,0001,466,0002,128,0001,773,0001,826,0001,552,0001,167,0001,563,0001,858,0001,593,0001,590,0001,231,000456,000330,000680,000611,0001,655,000539,488418,563
       Short-term Investments 
0
0
143,000
206,000
56,000
35,000
173,000
165,000
882,000
366,000
292,000
496,000
313,000
205,000
162,000
180,000
180,000
180,000
285,000
435,000
285,000
285,000
290,000
290,000285,000285,000435,000285,000180,000180,000180,000162,000205,000313,000496,000292,000366,000882,000165,000173,00035,00056,000206,000143,00000
       Net Receivables 
3,145,496
2,984,501
3,208,000
0
0
2,993,000
2,456,000
2,314,000
2,770,000
3,533,000
3,198,000
2,517,000
2,679,000
2,878,000
3,042,000
3,084,000
3,453,000
4,114,000
3,582,000
4,197,000
5,046,000
4,876,000
3,766,000
3,766,0004,876,0005,046,0004,197,0003,582,0004,114,0003,453,0003,084,0003,042,0002,878,0002,679,0002,517,0003,198,0003,533,0002,770,0002,314,0002,456,0002,993,000003,208,0002,984,5013,145,496
       Other Current Assets 
6,302,112
6,256,856
3,490,000
3,914,000
3,781,000
573,000
152,000
583,000
141,000
250,000
366,000
356,000
3,601,000
3,913,000
4,385,000
4,321,000
4,691,000
869,000
794,000
1,130,000
1,126,000
546,000
1,847,000
1,847,000546,0001,126,0001,130,000794,000869,0004,691,0004,321,0004,385,0003,913,0003,601,000356,000366,000250,000141,000583,000152,000573,0003,781,0003,914,0003,490,0006,256,8566,302,112
   > Long-term Assets 
6,730,159
6,601,423
7,928,000
8,925,000
8,992,000
9,165,000
9,100,000
9,231,000
9,998,000
10,570,000
11,428,000
10,169,000
11,881,000
12,530,000
13,181,000
13,415,000
17,211,000
20,534,000
18,555,000
19,620,000
20,272,000
21,526,000
22,013,000
22,013,00021,526,00020,272,00019,620,00018,555,00020,534,00017,211,00013,415,00013,181,00012,530,00011,881,00010,169,00011,428,00010,570,0009,998,0009,231,0009,100,0009,165,0008,992,0008,925,0007,928,0006,601,4236,730,159
       Property Plant Equipment 
5,772,157
5,663,491
5,726,000
6,577,000
6,848,000
7,124,000
7,046,000
6,782,000
7,193,000
7,889,000
8,579,000
8,955,000
10,081,000
10,532,000
11,053,000
10,883,000
11,644,000
13,169,000
11,904,000
12,265,000
13,146,000
13,342,000
13,982,000
13,982,00013,342,00013,146,00012,265,00011,904,00013,169,00011,644,00010,883,00011,053,00010,532,00010,081,0008,955,0008,579,0007,889,0007,193,0006,782,0007,046,0007,124,0006,848,0006,577,0005,726,0005,663,4915,772,157
       Goodwill 
307,360
303,595
308,000
455,000
439,000
401,000
401,000
403,000
416,000
415,000
414,000
388,000
835,000
803,000
963,000
1,092,000
2,160,000
2,388,000
2,136,000
2,286,000
2,430,000
2,982,000
2,829,000
2,829,0002,982,0002,430,0002,286,0002,136,0002,388,0002,160,0001,092,000963,000803,000835,000388,000414,000415,000416,000403,000401,000401,000439,000455,000308,000303,595307,360
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
375,000
363,000
574,000
535,000
655,000
1,172,000
0
0
0
0
0
0
0000001,172,000655,000535,000574,000363,000375,00000000000000
       Intangible Assets 
135,395
163,184
147,000
181,000
180,000
200,000
310,000
321,000
360,000
390,000
403,000
451,000
602,000
621,000
630,000
785,000
2,217,000
4,668,000
4,116,000
4,097,000
4,233,000
1,794,000
2,120,000
2,120,0001,794,0004,233,0004,097,0004,116,0004,668,0002,217,000785,000630,000621,000602,000451,000403,000390,000360,000321,000310,000200,000180,000181,000147,000163,184135,395
       Long-term Assets Other 
515,247
471,153
413,000
473,000
263,000
35,000
173,000
165,000
882,000
366,000
409,000
-1,054,000
-1,149,000
-1,259,000
-1,191,000
-890,000
-752,000
-1,956,000
-1,601,000
-1,286,000
-1,711,000
320,000
787,000
787,000320,000-1,711,000-1,286,000-1,601,000-1,956,000-752,000-890,000-1,191,000-1,259,000-1,149,000-1,054,000409,000366,000882,000165,000173,00035,000263,000473,000413,000471,153515,247
> Total Liabilities 
11,808,851
11,757,840
12,528,000
12,354,000
12,186,000
11,159,000
11,481,000
11,023,000
11,536,000
12,787,000
13,081,000
11,426,000
12,912,000
14,351,000
14,676,000
14,006,000
17,945,000
18,448,000
19,006,000
19,573,000
18,230,000
17,237,000
18,718,000
18,718,00017,237,00018,230,00019,573,00019,006,00018,448,00017,945,00014,006,00014,676,00014,351,00012,912,00011,426,00013,081,00012,787,00011,536,00011,023,00011,481,00011,159,00012,186,00012,354,00012,528,00011,757,84011,808,851
   > Total Current Liabilities 
3,338,009
3,537,962
5,465,000
5,341,000
5,844,000
4,711,000
4,788,000
3,936,000
4,845,000
5,601,000
5,437,000
4,857,000
5,108,000
5,220,000
6,419,000
5,882,000
7,031,000
7,093,000
7,136,000
8,858,000
9,038,000
7,744,000
8,710,000
8,710,0007,744,0009,038,0008,858,0007,136,0007,093,0007,031,0005,882,0006,419,0005,220,0005,108,0004,857,0005,437,0005,601,0004,845,0003,936,0004,788,0004,711,0005,844,0005,341,0005,465,0003,537,9623,338,009
       Short-term Debt 
0
0
1,894,000
1,628,000
2,136,000
35,000
1,436,000
725,000
882,000
1,327,000
1,242,000
856,000
679,000
548,000
1,320,000
493,000
1,222,000
1,158,000
1,768,000
1,911,000
2,059,000
832,000
1,600,000
1,600,000832,0002,059,0001,911,0001,768,0001,158,0001,222,000493,0001,320,000548,000679,000856,0001,242,0001,327,000882,000725,0001,436,00035,0002,136,0001,628,0001,894,00000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
2,303,000
298,000
320,000
1,223,000
444,000
1,037,000
911,000
1,496,000
1,580,000
1,726,000
575,000
1,342,000
1,342,000575,0001,726,0001,580,0001,496,000911,0001,037,000444,0001,223,000320,000298,0002,303,00000000000000
       Accounts payable 
0
0
2,098,000
1,792,000
1,776,000
1,642,000
1,504,000
1,249,000
1,813,000
2,024,000
1,991,000
1,970,000
2,162,000
2,354,000
2,703,000
2,501,000
2,600,000
2,627,000
2,291,000
3,174,000
3,416,000
3,605,000
3,775,000
3,775,0003,605,0003,416,0003,174,0002,291,0002,627,0002,600,0002,501,0002,703,0002,354,0002,162,0001,970,0001,991,0002,024,0001,813,0001,249,0001,504,0001,642,0001,776,0001,792,0002,098,00000
       Other Current Liabilities 
3,338,009
3,537,962
861,000
1,311,000
1,357,000
3,069,000
1,848,000
1,927,000
3,032,000
2,250,000
1,638,000
1,548,000
1,737,000
2,002,000
2,013,000
1,855,000
2,158,000
2,284,000
2,095,000
2,700,000
2,605,000
3,114,000
2,420,000
2,420,0003,114,0002,605,0002,700,0002,095,0002,284,0002,158,0001,855,0002,013,0002,002,0001,737,0001,548,0001,638,0002,250,0003,032,0001,927,0001,848,0003,069,0001,357,0001,311,000861,0003,537,9623,338,009
   > Long-term Liabilities 
8,470,842
8,219,878
7,063,000
7,013,000
6,342,000
6,448,000
6,693,000
7,087,000
6,691,000
7,186,000
7,644,000
1,398,000
1,558,000
2,343,000
1,642,000
2,138,000
5,019,000
11,355,000
11,870,000
10,715,000
9,192,000
9,493,000
10,008,000
10,008,0009,493,0009,192,00010,715,00011,870,00011,355,0005,019,0002,138,0001,642,0002,343,0001,558,0001,398,0007,644,0007,186,0006,691,0007,087,0006,693,0006,448,0006,342,0007,013,0007,063,0008,219,8788,470,842
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
5,122,000
6,183,000
6,687,000
6,484,000
5,758,000
5,612,000
5,432,000
4,900,000
4,624,000
0
0
0
0004,624,0004,900,0005,432,0005,612,0005,758,0006,484,0006,687,0006,183,0005,122,00000000000000
> Total Stockholder Equity
4,328,836
4,327,360
3,477,000
4,511,000
4,677,000
5,282,000
5,108,000
5,492,000
8,124,000
8,099,000
8,499,000
9,250,000
9,506,000
9,489,000
10,599,000
11,226,000
12,158,000
13,226,000
12,633,000
14,974,000
17,110,000
17,955,000
18,625,000
18,625,00017,955,00017,110,00014,974,00012,633,00013,226,00012,158,00011,226,00010,599,0009,489,0009,506,0009,250,0008,499,0008,099,0008,124,0005,492,0005,108,0005,282,0004,677,0004,511,0003,477,0004,327,3604,328,836
   Common Stock
283,585
286,774
287,000
287,000
287,000
288,000
290,000
295,000
353,000
360,000
365,000
372,000
371,000
364,000
360,000
359,000
360,000
357,000
357,000
357,000
357,000
357,000
353,000
353,000357,000357,000357,000357,000357,000360,000359,000360,000364,000371,000372,000365,000360,000353,000295,000290,000288,000287,000287,000287,000286,774283,585
   Retained Earnings 
2,238,462
2,200,946
0
0
0
0
0
0
0
0
0
5,479,000
5,632,000
6,091,000
7,034,000
8,322,000
9,336,000
10,289,000
10,681,000
12,397,000
14,146,000
15,244,000
16,021,000
16,021,00015,244,00014,146,00012,397,00010,681,00010,289,0009,336,0008,322,0007,034,0006,091,0005,632,0005,479,0000000000002,200,9462,238,462
   Capital Surplus 00000000000000000000000
   Treasury Stock00000000000000000000000
   Other Stockholders Equity 
1,806,789
1,839,640
-1,695,572
1,845,000
1,863,000
1,885,000
1,944,000
1,987,000
3,872,000
3,396,000
3,474,000
3,641,000
3,601,000
3,222,000
3,024,000
2,942,000
2,923,000
2,789,000
2,746,000
2,746,000
2,702,000
2,702,000
2,251,000
2,251,0002,702,0002,702,0002,746,0002,746,0002,789,0002,923,0002,942,0003,024,0003,222,0003,601,0003,641,0003,474,0003,396,0003,872,0001,987,0001,944,0001,885,0001,863,0001,845,000-1,695,5721,839,6401,806,789



6.3. Balance Sheets

Currency in EUR. All numbers in thousands.




6.4. Cash Flows

Currency in EUR. All numbers in thousands.




6.5. Income Statements

Currency in EUR. All numbers in thousands.


6.6. Latest Income Statement

Income Statement (annual), 2024-12-31. Currency in EUR. All numbers in thousands.

Gross Profit (+$)
totalRevenue27,193,000
Cost of Revenue-19,445,000
Gross Profit7,748,0007,748,000
 
Operating Income (+$)
Gross Profit7,748,000
Operating Expense-5,117,000
Operating Income2,631,0002,631,000
 
Operating Expense (+$)
Research Development786,000
Selling General Administrative2,290,000
Selling And Marketing Expenses1,204,000
Operating Expense5,117,0004,280,000
 
Net Interest Income (+$)
Interest Income141,000
Interest Expense-295,000
Other Finance Cost-17,000
Net Interest Income-171,000
 
Pretax Income (+$)
Operating Income2,631,000
Net Interest Income-171,000
Other Non-Operating Income Expenses0
Income Before Tax (EBT)2,445,0002,817,000
EBIT - interestExpense = 2,336,000
2,439,000
2,179,000
Interest Expense295,000
Earnings Before Interest and Taxes (EBIT)2,631,0002,740,000
Earnings Before Interest and Taxes (EBITDA)4,391,000
 
After tax Income (+$)
Income Before Tax2,445,000
Tax Provision-555,000
Net Income From Continuing Ops1,890,0001,890,000
Net Income1,884,000
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses24,562,000
Total Other Income/Expenses Net-186,000171,000
 

Technical Analysis of Michelin
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Michelin. The general trend of Michelin is BEARISH with 14.3% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Michelin's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-14.3%) Bearish trend (14.3%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Michelin Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

SupportΒ is a price level at which demand for an asset is strong enough to prevent the price from falling further.
ResistanceΒ is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Compagnie Generale des Etablissements Michelin SCA.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 33.26 < 34.19 < 34.30.

The bearish price targets are: 27.73 > 27.36 > 26.66.

Know someone who trades $ML? Share this with them.πŸ‘‡

Compagnie Generale des Etablissements Michelin SCA Daily Support & Resistance Chart
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2. Trend Indicators

2.1 Moving Averages

Shows theΒ moving averageΒ of the selected period.

  • Moving averages are laggingΒ trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Compagnie Generale des Etablissements Michelin SCA. The current mas is .

The long score for the Moving Averages is 6/14.
The longshort score for the Moving Averages is -2/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Compagnie Generale des Etablissements Michelin SCA Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows theΒ momentumΒ of theΒ selected period based on two moving averages.

  • MACD is aΒ lagging momentumΒ indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Compagnie Generale des Etablissements Michelin SCA. The current macd is -0.30778625.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Michelin price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Michelin. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Michelin price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Compagnie Generale des Etablissements Michelin SCA Daily Moving Average Convergence/Divergence (MACD) ChartCompagnie Generale des Etablissements Michelin SCA Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Compagnie Generale des Etablissements Michelin SCA. The current adx is 24.06.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -2/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Michelin shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bearish trend could be forming. -1
Compagnie Generale des Etablissements Michelin SCA Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • ShowsΒ the current trend.
  • ShowsΒ potential entry signals.
  • ShowsΒ Β potential exit signals.
  • Can be used to placeΒ trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Compagnie Generale des Etablissements Michelin SCA. The current sar is 30.82.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Compagnie Generale des Etablissements Michelin SCA Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentumΒ indicator, meaning the signals are instant.
  • RangesΒ between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Compagnie Generale des Etablissements Michelin SCA. The current rsi is 43.13. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending down: The RSI is trending down. -1
Compagnie Generale des Etablissements Michelin SCA Daily Relative Strength Index (RSI) ChartCompagnie Generale des Etablissements Michelin SCA Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

ComparesΒ a certain price to multiple prices ranging over time.

  • LeadingΒ momentumΒ indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • RangesΒ between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Compagnie Generale des Etablissements Michelin SCA. The current phase is Continuation in bear market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 2/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Michelin price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Compagnie Generale des Etablissements Michelin SCA Daily Stochastic Oscillator ChartCompagnie Generale des Etablissements Michelin SCA Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero,Β the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Compagnie Generale des Etablissements Michelin SCA. The current cci is -77.6640578.

Compagnie Generale des Etablissements Michelin SCA Daily Commodity Channel Index (CCI) ChartCompagnie Generale des Etablissements Michelin SCA Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Compagnie Generale des Etablissements Michelin SCA. The current cmo is -15.26130572.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Compagnie Generale des Etablissements Michelin SCA Daily Chande Momentum Oscillator (CMO) ChartCompagnie Generale des Etablissements Michelin SCA Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

Β Shows the current price relative to the highest high over the last 14 days.
Β 

  • Lagging momentum indicator
  • Ranging between 0 andΒ -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Compagnie Generale des Etablissements Michelin SCA. The current willr is -65.46391753.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Michelin is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Compagnie Generale des Etablissements Michelin SCA Daily Williams %R ChartCompagnie Generale des Etablissements Michelin SCA Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversoldΒ 

Score

Let's take a look at the Bollinger Bands of Compagnie Generale des Etablissements Michelin SCA.

Compagnie Generale des Etablissements Michelin SCA Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Compagnie Generale des Etablissements Michelin SCA. The current atr is 0.53278008.

Compagnie Generale des Etablissements Michelin SCA Daily Average True Range (ATR) ChartCompagnie Generale des Etablissements Michelin SCA Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

Β Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Compagnie Generale des Etablissements Michelin SCA. The current obv is 2,814,518.

Compagnie Generale des Etablissements Michelin SCA Daily On-Balance Volume (OBV) ChartCompagnie Generale des Etablissements Michelin SCA Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Compagnie Generale des Etablissements Michelin SCA. The current mfi is 45.61.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Compagnie Generale des Etablissements Michelin SCA Daily Money Flow Index (MFI) ChartCompagnie Generale des Etablissements Michelin SCA Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Compagnie Generale des Etablissements Michelin SCA.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2025-02-11STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-02-12CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-02-13DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-02-14MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2025-02-17STOCH LONG EXITThe %K line crosses below the %D line.
2025-02-18DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2025-02-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2025-02-24MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-02-25MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-02-26CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-02-27STOCH SHORT EXITThe %K line crosses above the %D line.
2025-02-28MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-03-03STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-04MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-03-05STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2025-03-06MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-03-11STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-03-13CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-03-14MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-03-17STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-03-18STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-03-20STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-21CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-03-25SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-03-26DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-03-27STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-31STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-01STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-02STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-03WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-04-07BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-04-09ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-04-10STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-11RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2025-04-15SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2025-04-16STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-24CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-04-25DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-04-30BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2025-05-02CCI LONG ENTRY SHORT CLOSE100 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-05-05STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-05-08STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-09STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-12STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-05-14STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-16RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2025-05-19STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-20ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-05-21RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-05-23SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2025-05-26STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-05-28SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-29STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-30STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-02MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2025-06-03SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-06-04WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-06-05STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-06-06WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-06-09DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-06-10DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-06-11STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-06-12CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-06-13DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2025-06-17STOCH SHORT EXITThe %K line crosses above the %D line.
2025-06-18MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-06-19STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-06-20STOCH SHORT EXITThe %K line crosses above the %D line.
2025-06-26STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-06-27STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-06-30SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.

6.3. Candlestick Patterns

Compagnie Generale des Etablissements Michelin SCA Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Compagnie Generale des Etablissements Michelin SCA based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5043.130
Ma 20Greater thanMa 5031.995
Ma 50Greater thanMa 10032.148
Ma 100Greater thanMa 20031.852
OpenGreater thanClose31.550
Total3/5 (60.0%)
Penke
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