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Pirelli & C SPA
Buy, Hold or Sell?

Let's analyse Pirelli together

PenkeI guess you are interested in Pirelli & C SPA. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Pirelli & C SPA. 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.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Pirelli (30 sec.)










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

How much money do you get?

How much money do you get?
€0.24
When do you have the money?
1 year
How often do you get paid?
66.7%

What is your share worth?

Current worth
€5.50
Expected worth in 1 year
€5.52
How sure are you?
72.7%

+ What do you gain per year?

Total Gains per Share
€0.24
Return On Investment
4.3%

For what price can you sell your share?

Current Price per Share
€5.65
Expected price per share
€5.236 - €5.87
How sure are you?
50%

1. Valuation of Pirelli (5 min.)




Live pricePrice per Share (EOD)

€5.65

Intrinsic Value Per Share

€15.09 - €17.83

Total Value Per Share

€20.59 - €23.33

2. Growth of Pirelli (5 min.)




Is Pirelli growing?

Current yearPrevious yearGrowGrow %
How rich?$5.9b$5.7b$137.4m2.4%

How much money is Pirelli making?

Current yearPrevious yearGrowGrow %
Making money$189.5m$140.1m$49.4m26.1%
Net Profit Margin7.1%6.7%--

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

3. Financial Health of Pirelli (5 min.)




4. Comparing to competitors in the Auto Parts industry (5 min.)




  Industry Rankings (Auto Parts)  


Richest
#21 / 564

Most Revenue
#30 / 564

Most Profit
#20 / 564

Most Efficient
#162 / 564

What can you expect buying and holding a share of Pirelli? (5 min.)

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

What can you expect buying and holding a share of Pirelli?

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

Speculation

The Price per Share of Pirelli is €5.646. 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 Pirelli.
  • 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 Pirelli, 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 €5.50. Based on the TTM, the Book Value Change Per Share is €0.00 per quarter. Based on the YOY, the Book Value Change Per Share is €0.14 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 €0.06 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Pirelli.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 % of Price per Share% of Price per Share% of Price per Share% of Price per Share% of Price per Share
Usd Eps0.173.1%0.132.4%0.112.0%0.091.6%0.081.4%
Usd Book Value Change Per Share0.183.2%0.000.1%0.162.8%0.061.0%0.183.2%
Usd Dividend Per Share0.244.2%0.061.1%0.101.8%0.081.4%0.061.0%
Usd Total Gains Per Share0.427.5%0.071.2%0.264.5%0.142.4%0.244.2%
Usd Price Per Share4.93-4.79-4.94-5.04-4.00-
Price to Earnings Ratio7.08-9.52-11.63-13.53-10.79-
Price-to-Total Gains Ratio11.67--4.22--550.89--94.58--60.20-
Price to Book Ratio0.83-0.82-0.88-0.95-0.78-
Price-to-Total Gains Ratio11.67--4.22--550.89--94.58--60.20-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share6.1072782
Number of shares163
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.060.08
Usd Book Value Change Per Share0.000.06
Usd Total Gains Per Share0.070.14
Gains per Quarter (163 shares)10.7322.13
Gains per Year (163 shares)42.9288.53
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
140333523779
28067610473168
31199119156110257
415912162207147346
519915205259183435
623919248311220524
727922291363257613
831925334415293702
935828377467330791
1039831420519367880

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 Share4.00.00.0100.0%12.00.00.0100.0%19.01.00.095.0%30.02.01.090.9%30.02.01.090.9%
Book Value Change Per Share2.02.00.050.0%9.03.00.075.0%13.07.00.065.0%22.010.01.066.7%22.010.01.066.7%
Dividend per Share3.00.01.075.0%11.00.01.091.7%17.00.03.085.0%22.00.011.066.7%22.00.011.066.7%
Total Gains per Share2.02.00.050.0%9.03.00.075.0%15.05.00.075.0%24.08.01.072.7%24.08.01.072.7%

Fundamentals of Pirelli

About Pirelli & C SPA

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. The company was founded in 1872 and is headquartered in Milan, Italy.

Fundamental data was last updated by Penke on 2024-03-12 08:41:02.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is inefficient 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 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 just able to pay all its debts with equity.

Valuation

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

1.1. Profitability of Pirelli & C SPA.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Pirelli earns for each €1 of revenue.

  • Above 10% is considered healthy but always compare Pirelli to the Auto Parts industry mean.
  • A Net Profit Margin of 9.3% means that €0.09 for each €1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Pirelli & C SPA:

  • The MRQ is 9.3%. The company is making a profit. +1
  • The TTM is 7.1%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ9.3%TTM7.1%+2.2%
TTM7.1%YOY6.7%+0.4%
TTM7.1%5Y5.3%+1.8%
5Y5.3%10Y4.6%+0.7%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ9.3%3.9%+5.4%
TTM7.1%3.6%+3.5%
YOY6.7%3.5%+3.2%
5Y5.3%2.9%+2.4%
10Y4.6%4.0%+0.6%
1.1.2. Return on Assets

Shows how efficient Pirelli is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Pirelli to the Auto Parts industry mean.
  • 1.2% Return on Assets means that Pirelli generated €0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Pirelli & C SPA:

  • The MRQ is 1.2%. Using its assets, the company is less efficient in making profit.
  • The TTM is 1.3%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ1.2%TTM1.3%-0.1%
TTM1.3%YOY0.9%+0.3%
TTM1.3%5Y0.7%+0.5%
5Y0.7%10Y0.6%+0.1%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ1.2%1.2%+0.0%
TTM1.3%1.0%+0.3%
YOY0.9%1.0%-0.1%
5Y0.7%1.0%-0.3%
10Y0.6%1.2%-0.6%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Pirelli to the Auto Parts industry mean.
  • 2.9% Return on Equity means Pirelli generated €0.03 for each €1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Pirelli & C SPA:

  • The MRQ is 2.9%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 3.3%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ2.9%TTM3.3%-0.3%
TTM3.3%YOY2.5%+0.7%
TTM3.3%5Y2.0%+1.3%
5Y2.0%10Y1.7%+0.3%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ2.9%2.4%+0.5%
TTM3.3%2.2%+1.1%
YOY2.5%2.1%+0.4%
5Y2.0%1.8%+0.2%
10Y1.7%2.3%-0.6%

1.2. Operating Efficiency of Pirelli & C SPA.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Pirelli is operating .

  • Measures how much profit Pirelli makes for each €1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Pirelli to the Auto Parts industry mean.
  • An Operating Margin of 0.0% means the company generated €0.00  for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Pirelli & C SPA:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM2.8%-2.8%
TTM2.8%YOY10.9%-8.0%
TTM2.8%5Y11.5%-8.7%
5Y11.5%10Y9.5%+2.0%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ-6.0%-6.0%
TTM2.8%3.6%-0.8%
YOY10.9%4.6%+6.3%
5Y11.5%4.9%+6.6%
10Y9.5%4.8%+4.7%
1.2.2. Operating Ratio

Measures how efficient Pirelli is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Auto Parts industry mean).
  • An Operation Ratio of 1.20 means that the operating costs are €1.20 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of Pirelli & C SPA:

  • The MRQ is 1.200. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.028. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.200TTM1.028+0.172
TTM1.028YOY1.147-0.119
TTM1.0285Y1.180-0.152
5Y1.18010Y0.997+0.183
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ1.2001.618-0.418
TTM1.0281.616-0.588
YOY1.1471.621-0.474
5Y1.1801.568-0.388
10Y0.9971.278-0.281

1.3. Liquidity of Pirelli & C SPA.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Auto Parts industry mean).
  • A Current Ratio of 1.43 means the company has €1.43 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of Pirelli & C SPA:

  • The MRQ is 1.435. The company is just able to pay all its short-term debts.
  • The TTM is 1.736. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.435TTM1.736-0.302
TTM1.736YOY1.204+0.532
TTM1.7365Y1.325+0.412
5Y1.32510Y1.090+0.234
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4351.649-0.214
TTM1.7361.646+0.090
YOY1.2041.604-0.400
5Y1.3251.579-0.254
10Y1.0901.351-0.261
1.3.2. Quick Ratio

Measures if Pirelli is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Pirelli to the Auto Parts industry mean.
  • A Quick Ratio of 0.82 means the company can pay off €0.82 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Pirelli & C SPA:

  • The MRQ is 0.816. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 1.033. The company is just able to pay all its short-term debts with the most liquid assets.
Trends
Current periodCompared to+/- 
MRQ0.816TTM1.033-0.217
TTM1.033YOY0.853+0.179
TTM1.0335Y0.717+0.316
5Y0.71710Y0.588+0.129
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8160.698+0.118
TTM1.0330.714+0.319
YOY0.8530.742+0.111
5Y0.7170.752-0.035
10Y0.5880.782-0.194

1.4. Solvency of Pirelli & C SPA.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Pirelli assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Pirelli to Auto Parts industry mean.
  • A Debt to Asset Ratio of 0.59 means that Pirelli assets are financed with 58.8% credit (debt) and the remaining percentage (100% - 58.8%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Pirelli & C SPA:

  • The MRQ is 0.588. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.606. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.588TTM0.606-0.018
TTM0.606YOY0.621-0.014
TTM0.6065Y0.634-0.028
5Y0.63410Y0.667-0.033
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5880.497+0.091
TTM0.6060.497+0.109
YOY0.6210.497+0.124
5Y0.6340.497+0.137
10Y0.6670.487+0.180
1.4.2. Debt to Equity Ratio

Measures if Pirelli is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Pirelli to the Auto Parts industry mean.
  • A Debt to Equity ratio of 142.9% means that company has €1.43 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Pirelli & C SPA:

  • The MRQ is 1.429. The company is able to pay all its debts with equity. +1
  • The TTM is 1.542. The company is just able to pay all its debts with equity.
Trends
Current periodCompared to+/- 
MRQ1.429TTM1.542-0.112
TTM1.542YOY1.662-0.120
TTM1.5425Y1.772-0.230
5Y1.77210Y2.167-0.395
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4291.014+0.415
TTM1.5421.017+0.525
YOY1.6621.031+0.631
5Y1.7721.040+0.732
10Y2.1671.047+1.120

2. Market Valuation of Pirelli & C SPA

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every €1 in earnings Pirelli generates.

  • Above 15 is considered overpriced but always compare Pirelli to the Auto Parts industry mean.
  • A PE ratio of 7.08 means the investor is paying €7.08 for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Pirelli & C SPA:

  • The EOD is 8.770. Based on the earnings, the company is underpriced. +1
  • The MRQ is 7.084. Based on the earnings, the company is cheap. +2
  • The TTM is 9.518. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD8.770MRQ7.084+1.685
MRQ7.084TTM9.518-2.434
TTM9.518YOY11.631-2.113
TTM9.5185Y13.528-4.010
5Y13.52810Y10.793+2.735
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
EOD8.77012.519-3.749
MRQ7.08411.721-4.637
TTM9.51812.530-3.012
YOY11.63115.239-3.608
5Y13.52816.864-3.336
10Y10.79321.191-10.398
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Pirelli & C SPA:

  • The EOD is 5.982. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 4.832. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 2.001. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD5.982MRQ4.832+1.150
MRQ4.832TTM2.001+2.832
TTM2.001YOY1.851+0.150
TTM2.0015Y4.414-2.414
5Y4.41410Y2.605+1.809
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
EOD5.9825.310+0.672
MRQ4.8324.924-0.092
TTM2.0013.607-1.606
YOY1.8511.026+0.825
5Y4.4142.264+2.150
10Y2.6052.514+0.091
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Pirelli is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Auto Parts industry mean).
  • A PB ratio of 0.83 means the investor is paying €0.83 for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of Pirelli & C SPA:

  • The EOD is 1.026. Based on the equity, the company is underpriced. +1
  • The MRQ is 0.829. Based on the equity, the company is cheap. +2
  • The TTM is 0.819. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD1.026MRQ0.829+0.197
MRQ0.829TTM0.819+0.010
TTM0.819YOY0.876-0.057
TTM0.8195Y0.953-0.134
5Y0.95310Y0.781+0.173
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
EOD1.0261.521-0.495
MRQ0.8291.481-0.652
TTM0.8191.516-0.697
YOY0.8761.624-0.748
5Y0.9531.700-0.747
10Y0.7812.242-1.461
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Pirelli & C SPA compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.1690.004+3760%0.144+18%0.052+226%0.167+2%
Book Value Per Share--5.5055.404+2%5.277+4%4.924+12%4.404+25%
Current Ratio--1.4351.736-17%1.204+19%1.325+8%1.090+32%
Debt To Asset Ratio--0.5880.606-3%0.621-5%0.634-7%0.667-12%
Debt To Equity Ratio--1.4291.542-7%1.662-14%1.772-19%2.167-34%
Dividend Per Share--0.2210.056+292%0.092+140%0.074+201%0.051+330%
Eps--0.1610.123+31%0.104+54%0.084+93%0.072+122%
Free Cash Flow Per Share--0.2360.205+15%0.191+23%0.171+38%0.121+96%
Free Cash Flow To Equity Per Share---0.310-0.078-75%0.123-352%0.040-876%0.328-195%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%0.939+6%
Intrinsic Value_10Y_max--17.828--------
Intrinsic Value_10Y_min--15.090--------
Intrinsic Value_1Y_max--0.948--------
Intrinsic Value_1Y_min--0.930--------
Intrinsic Value_3Y_max--3.486--------
Intrinsic Value_3Y_min--3.315--------
Intrinsic Value_5Y_max--6.796--------
Intrinsic Value_5Y_min--6.253--------
Market Cap5646000000.000+19%4561000000.0004427750000.000+3%4568750000.0000%4660873078.360-2%3698407926.279+23%
Net Profit Margin--0.0930.071+32%0.067+40%0.053+77%0.046+104%
Operating Margin---0.028-100%0.109-100%0.115-100%0.095-100%
Operating Ratio--1.2001.028+17%1.147+5%1.180+2%0.997+20%
Pb Ratio1.026+19%0.8290.819+1%0.876-5%0.953-13%0.781+6%
Pe Ratio8.770+19%7.0849.518-26%11.631-39%13.528-48%10.793-34%
Price Per Share5.646+19%4.5614.428+3%4.5690%4.661-2%3.698+23%
Price To Free Cash Flow Ratio5.982+19%4.8322.001+142%1.851+161%4.414+9%2.605+85%
Price To Total Gains Ratio14.445+19%11.669-4.220+136%-550.890+4821%-94.575+910%-60.200+616%
Quick Ratio--0.8161.033-21%0.853-4%0.717+14%0.588+39%
Return On Assets--0.0120.013-6%0.009+29%0.007+65%0.006+101%
Return On Equity--0.0290.033-10%0.025+17%0.020+48%0.017+71%
Total Gains Per Share--0.3910.061+542%0.236+65%0.126+211%0.218+79%
Usd Book Value--5954592999.9005845889451.375+2%5708398891.175+4%5326861018.155+12%4763620550.927+25%
Usd Book Value Change Per Share--0.1830.005+3760%0.156+18%0.056+226%0.180+2%
Usd Book Value Per Share--5.9555.846+2%5.708+4%5.327+12%4.763+25%
Usd Dividend Per Share--0.2390.061+292%0.100+140%0.080+201%0.056+330%
Usd Eps--0.1740.133+31%0.113+54%0.090+93%0.078+122%
Usd Free Cash Flow--255239013.700222125742.875+15%207108772.200+23%185132955.000+38%122475154.712+108%
Usd Free Cash Flow Per Share--0.2550.222+15%0.207+23%0.185+38%0.130+96%
Usd Free Cash Flow To Equity Per Share---0.336-0.085-75%0.133-352%0.043-876%0.355-195%
Usd Market Cap6107278200.000+19%4933633700.0004789497175.000+3%4942016875.0000%5041666408.862-2%4000567853.856+23%
Usd Price Per Share6.107+19%4.9344.789+3%4.9420%5.041-2%4.000+23%
Usd Profit--174103941.800189576578.600-8%140100702.300+24%107090787.910+63%86674670.662+101%
Usd Revenue--1863453243.6002779612579.850-33%2109298233.650-12%1784127044.525+4%1627394377.061+15%
Usd Total Gains Per Share--0.4230.066+542%0.256+65%0.136+211%0.236+79%
 EOD+4 -4MRQTTM+22 -13YOY+25 -105Y+27 -810Y+29 -7

3.2. Fundamental Score

Let's check the fundamental score of Pirelli & C SPA based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-158.770
Price to Book Ratio (EOD)Between0-11.026
Net Profit Margin (MRQ)Greater than00.093
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.816
Current Ratio (MRQ)Greater than11.435
Debt to Asset Ratio (MRQ)Less than10.588
Debt to Equity Ratio (MRQ)Less than11.429
Return on Equity (MRQ)Greater than0.150.029
Return on Assets (MRQ)Greater than0.050.012
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of Pirelli & C SPA based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5061.561
Ma 20Greater thanMa 505.513
Ma 50Greater thanMa 1005.349
Ma 100Greater thanMa 2005.041
OpenGreater thanClose5.670
Total5/5 (100.0%)



Latest Balance Sheet

Balance Sheet of 2023-09-30. Currency in EUR. All numbers in thousands.

Summary
Total Assets13,373,290
Total Liabilities7,868,443
Total Stockholder Equity5,504,847
 As reported
Total Liabilities 7,868,443
Total Stockholder Equity+ 5,504,847
Total Assets = 13,373,290

Assets

Total Assets13,373,290
Total Current Assets3,993,209
Long-term Assets9,380,081
Total Current Assets
Cash And Cash Equivalents 665,814
Short-term Investments 255,827
Net Receivables 1,092,727
Inventory 1,376,278
Other Current Assets 8,026
Total Current Assets  (as reported)3,993,209
Total Current Assets  (calculated)3,398,672
+/- 594,537
Long-term Assets
Property Plant Equipment 3,375,783
Intangible Assets 5,288,593
Other Assets 320,038
Long-term Assets  (as reported)9,380,081
Long-term Assets  (calculated)8,984,414
+/- 395,667

Liabilities & Shareholders' Equity

Total Current Liabilities2,783,129
Long-term Liabilities4,958,201
Total Stockholder Equity5,504,847
Total Current Liabilities
Short Long Term Debt 690,096
Accounts payable 1,484,323
Total Current Liabilities  (as reported)2,783,129
Total Current Liabilities  (calculated)2,174,419
+/- 608,710
Long-term Liabilities
Long term Debt Total 3,579,810
Long-term Liabilities  (as reported)4,958,201
Long-term Liabilities  (calculated)3,579,810
+/- 1,378,391
Total Stockholder Equity
Common Stock1,904,375
Retained Earnings 3,600,472
Total Stockholder Equity (as reported)5,504,847
Total Stockholder Equity (calculated)5,504,847
+/-0
Other
Capital Stock1,904,375
Cash And Equivalents665,814
Cash and Short Term Investments 921,641
Common Stock Shares Outstanding 1,000,000
Liabilities and Stockholders Equity 13,373,290
Net Debt 3,604,092
Net Invested Capital 9,774,753
Net Working Capital 1,210,080



Balance Sheet

Currency in EUR. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-30
> Total Assets 
12,032,995
13,822,529
0
12,205,255
13,731,372
14,366,461
12,722,817
12,428,679
12,541,576
12,733,914
12,274,004
12,208,703
12,330,761
13,031,697
13,472,984
13,376,152
13,486,713
13,876,625
13,092,350
13,316,492
12,929,003
13,760,017
12,499,245
12,814,358
12,826,341
13,883,173
13,396,889
13,737,454
14,648,257
13,897,550
13,829,408
13,827,561
13,373,290
13,373,29013,827,56113,829,40813,897,55014,648,25713,737,45413,396,88913,883,17312,826,34112,814,35812,499,24513,760,01712,929,00313,316,49213,092,35013,876,62513,486,71313,376,15213,472,98413,031,69712,330,76112,208,70312,274,00412,733,91412,541,57612,428,67912,722,81714,366,46113,731,37212,205,255013,822,52912,032,995
   > Total Current Assets 
0
0
0
0
0
3,449,698
3,160,525
2,901,137
2,956,495
3,269,117
2,976,780
3,018,595
3,161,866
3,677,818
3,605,272
3,397,061
3,534,260
3,921,588
3,288,247
3,646,215
3,498,541
4,306,200
3,017,593
3,223,254
3,322,883
4,284,833
3,744,488
3,930,388
4,795,770
4,422,353
4,407,964
4,447,932
3,993,209
3,993,2094,447,9324,407,9644,422,3534,795,7703,930,3883,744,4884,284,8333,322,8833,223,2543,017,5934,306,2003,498,5413,646,2153,288,2473,921,5883,534,2603,397,0613,605,2723,677,8183,161,8663,018,5952,976,7803,269,1172,956,4952,901,1373,160,5253,449,69800000
       Cash And Cash Equivalents 
0
0
0
0
0
1,397,380
457,992
510,472
392,356
1,118,437
592,135
580,641
549,345
1,326,900
962,957
734,737
781,231
1,609,821
797,809
1,455,229
1,115,557
2,275,476
711,645
785,015
770,540
1,884,649
842,872
889,664
1,317,061
1,289,744
1,189,030
1,256,024
665,814
665,8141,256,0241,189,0301,289,7441,317,061889,664842,8721,884,649770,540785,015711,6452,275,4761,115,5571,455,229797,8091,609,821781,231734,737962,9571,326,900549,345580,641592,1351,118,437392,356510,472457,9921,397,38000000
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
8,501
12,792
14,725
38,119
12,002
18,878
34,210
58,944
44,197
47,979
69,366
113,901
97,793
138,728
215,132
246,884
190,813
220,705
255,827
255,827220,705190,813246,884215,132138,72897,793113,90169,36647,97944,19758,94434,21018,87812,00238,11914,72512,7928,50100000000000000
       Net Receivables 
758,044
880,206
0
1,299,536
1,420,936
974,367
1,597,807
1,348,639
1,459,873
1,034,635
1,360,803
1,278,116
1,450,267
1,033,853
858,442
862,120
976,177
1,109,458
1,198,846
1,115,723
1,453,247
1,052,040
1,337,131
1,351,897
1,461,719
1,127,746
1,518,728
1,443,255
1,761,797
1,205,683
928,520
895,100
1,092,727
1,092,727895,100928,5201,205,6831,761,7971,443,2551,518,7281,127,7461,461,7191,351,8971,337,1311,052,0401,453,2471,115,7231,198,8461,109,458976,177862,120858,4421,033,8531,450,2671,278,1161,360,8031,034,6351,459,8731,348,6391,597,807974,3671,420,9361,299,5360880,206758,044
       Other Current Assets 
7,370
7,370
0
67,153
20,663
54,361
154,346
66,621
122,053
130,314
74,537
158,561
93,027
130,886
85,267
79,440
73,634
53,407
142,207
91,907
70,842
82,959
50,166
81,807
47,586
66,375
63,337
61,952
37,447
219,031
15,369
15,872
8,026
8,02615,87215,369219,03137,44761,95263,33766,37547,58681,80750,16682,95970,84291,907142,20753,40773,63479,44085,267130,88693,027158,56174,537130,314122,05366,621154,34654,36120,66367,15307,3707,370
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
9,867,712
9,979,091
9,952,453
9,955,037
9,804,103
9,670,277
9,430,462
9,453,817
9,481,652
9,591,104
9,503,458
9,598,340
9,652,401
9,807,066
9,852,487
9,475,197
9,421,444
9,379,629
9,380,081
9,380,0819,379,6299,421,4449,475,1979,852,4879,807,0669,652,4019,598,3409,503,4589,591,1049,481,6529,453,8179,430,4629,670,2779,804,1039,955,0379,952,4539,979,0919,867,71200000000000000
       Property Plant Equipment 
2,704,771
3,363,634
0
2,456,260
3,392,785
3,556,635
2,980,085
2,927,200
2,968,219
2,980,294
3,004,141
2,970,884
3,001,439
3,092,927
3,621,036
3,593,594
3,593,242
3,649,809
3,409,158
3,309,758
3,187,423
3,159,767
3,187,830
3,224,345
3,184,742
3,288,914
3,315,092
3,451,586
3,463,363
3,399,628
3,370,857
3,367,522
3,375,783
3,375,7833,367,5223,370,8573,399,6283,463,3633,451,5863,315,0923,288,9143,184,7423,224,3453,187,8303,159,7673,187,4233,309,7583,409,1583,649,8093,593,2423,593,5943,621,0363,092,9273,001,4392,970,8843,004,1412,980,2942,968,2192,927,2002,980,0853,556,6353,392,7852,456,26003,363,6342,704,771
       Goodwill 
1,877,363
2,351,263
0
5,978,589
0
2,351,263
0
1,877,363
0
1,877,363
0
1,877,363
0
1,886,862
0
1,887,371
0
1,886,988
0
1,884,452
0
1,883,945
0
1,884,190
0
1,883,765
0
1,884,743
0
1,884,629
0
1,885,053
0
01,885,05301,884,62901,884,74301,883,76501,884,19001,883,94501,884,45201,886,98801,887,37101,886,86201,877,36301,877,36301,877,36302,351,26305,978,58902,351,2631,877,363
       Long Term Investments 
0
0
0
0
0
245,684
264,990
263,875
268,815
247,877
92,421
87,099
85,282
161,620
204,397
173,599
239,223
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000239,223173,599204,397161,62085,28287,09992,421247,877268,815263,875264,990245,68400000
       Intangible Assets 
6,102,958
6,605,278
0
6,064,114
6,521,287
6,496,889
5,968,503
5,940,382
5,910,330
5,893,704
5,862,263
3,954,827
5,803,249
3,896,476
5,753,354
3,838,256
5,697,923
3,793,187
0
3,755,359
0
3,698,088
5,557,418
3,651,195
5,508,155
3,601,900
5,460,205
3,550,720
5,411,379
3,498,208
5,350,403
3,433,592
5,288,593
5,288,5933,433,5925,350,4033,498,2085,411,3793,550,7205,460,2053,601,9005,508,1553,651,1955,557,4183,698,08803,755,35903,793,1875,697,9233,838,2565,753,3543,896,4765,803,2493,954,8275,862,2635,893,7045,910,3305,940,3825,968,5036,496,8896,521,2876,064,11406,605,2786,102,958
       Long-term Assets Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
9,867,712
9,979,091
9,952,453
9,955,037
9,804,103
0
0
0
96,754
158,779
166,132
153,205
160,223
0
188,694
120,481
126,267
0
89,969
89,9690126,267120,481188,6940160,223153,205166,132158,77996,7540009,804,1039,955,0379,952,4539,979,0919,867,71200000000000000
> Total Liabilities 
9,871,690
10,540,893
0
9,009,495
10,543,214
11,091,603
9,719,936
8,371,372
8,382,009
8,556,905
8,006,385
7,885,464
7,865,961
8,480,770
8,785,076
8,712,438
8,744,311
9,049,994
8,502,079
8,912,348
8,525,129
9,208,167
7,866,448
8,015,686
7,915,394
8,975,061
8,102,901
8,317,847
9,160,973
8,573,756
8,376,013
8,492,182
7,868,443
7,868,4438,492,1828,376,0138,573,7569,160,9738,317,8478,102,9018,975,0617,915,3948,015,6867,866,4489,208,1678,525,1298,912,3488,502,0799,049,9948,744,3118,712,4388,785,0768,480,7707,865,9617,885,4648,006,3858,556,9058,382,0098,371,3729,719,93611,091,60310,543,2149,009,495010,540,8939,871,690
   > Total Current Liabilities 
6,707,578
7,179,366
0
7,688,100
2,336,097
3,063,548
3,422,824
2,200,014
2,336,194
2,910,223
2,526,720
2,469,012
2,373,831
3,006,030
3,805,457
3,166,418
3,131,786
3,604,473
2,666,715
2,516,610
2,504,003
2,737,518
1,980,205
3,071,993
3,179,961
3,623,989
3,033,597
3,317,383
3,944,203
3,342,175
3,566,750
1,506,800
2,783,129
2,783,1291,506,8003,566,7503,342,1753,944,2033,317,3833,033,5973,623,9893,179,9613,071,9931,980,2052,737,5182,504,0032,516,6102,666,7153,604,4733,131,7863,166,4183,805,4573,006,0302,373,8312,469,0122,526,7202,910,2232,336,1942,200,0143,422,8243,063,5482,336,0977,688,10007,179,3666,707,578
       Short-term Debt 
0
0
0
0
0
6,556,048
6,116,440
4,855,892
621,881
570,312
872,752
895,272
846,161
853,452
991,422
1,321,998
1,408,697
1,337,435
0
0
0
43,108
0
31,732
0
109,879
0
49,053
0
105,729
0
55,421
0
055,4210105,729049,0530109,879031,732043,1080001,337,4351,408,6971,321,998991,422853,452846,161895,272872,752570,312621,8814,855,8926,116,4406,556,04800000
       Short Long Term Debt 
0
0
0
0
0
6,556,048
6,116,440
4,855,892
621,881
570,312
872,752
895,272
846,161
853,452
991,422
1,321,998
1,408,697
1,341,606
1,196,672
1,099,544
1,158,649
808,163
538,563
1,304,801
1,533,892
1,397,638
1,215,163
1,155,576
1,637,068
711,401
1,549,805
1,383,609
690,096
690,0961,383,6091,549,805711,4011,637,0681,155,5761,215,1631,397,6381,533,8921,304,801538,563808,1631,158,6491,099,5441,196,6721,341,6061,408,6971,321,998991,422853,452846,161895,272872,752570,312621,8814,855,8926,116,4406,556,04800000
       Accounts payable 
1,179,504
1,320,058
0
1,117,990
1,056,953
1,498,492
1,062,235
1,139,794
1,066,879
1,673,642
1,062,450
1,052,184
1,004,992
1,604,677
1,142,538
1,200,344
1,146,676
1,611,488
961,336
858,423
808,411
1,267,971
862,070
966,934
1,043,905
1,626,367
1,196,771
1,454,164
1,625,266
1,973,296
1,367,843
1,405,100
1,484,323
1,484,3231,405,1001,367,8431,973,2961,625,2661,454,1641,196,7711,626,3671,043,905966,934862,0701,267,971808,411858,423961,3361,611,4881,146,6761,200,3441,142,5381,604,6771,004,9921,052,1841,062,4501,673,6421,066,8791,139,7941,062,2351,498,4921,056,9531,117,99001,320,0581,179,504
       Other Current Liabilities 
405,201
561,467
0
680,018
660,909
923,009
670,773
519,916
689,201
677,413
615,082
253,821
519,519
281,779
499,316
244,859
496,680
307,192
472,470
214,613
507,295
278,468
524,461
356,401
557,864
243,528
518,063
262,862
586,180
223,582
0
0
0
000223,582586,180262,862518,063243,528557,864356,401524,461278,468507,295214,613472,470307,192496,680244,859499,316281,779519,519253,821615,082677,413689,201519,916670,773923,009660,909680,0180561,467405,201
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
4,979,619
5,546,020
5,612,525
5,445,521
5,835,364
6,395,738
6,021,126
6,470,649
5,886,243
4,943,693
4,735,433
5,216,545
5,069,304
5,000,464
5,057,422
5,101,547
4,681,451
4,651,372
4,958,201
4,958,2014,651,3724,681,4515,101,5475,057,4225,000,4645,069,3045,216,5454,735,4334,943,6935,886,2436,470,6496,021,1266,395,7385,835,3645,445,5215,612,5255,546,0204,979,61900000000000000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
4,970,986
4,472,144
3,565,360
3,353,335
3,789,369
3,636,639
3,657,400
3,699,823
3,690,111
3,276,053
3,279,310
3,579,810
3,579,8103,279,3103,276,0533,690,1113,699,8233,657,4003,636,6393,789,3693,353,3353,565,3604,472,1444,970,986000000000000000000000
       Capital Lease Obligations Min Short Term Debt
0
0
0
0
0
-6,556,048
-6,116,440
-4,855,892
-621,881
-570,312
-872,752
-895,272
-846,161
-853,452
-991,422
-852,180
-1,408,697
-854,263
0
482,363
0
422,745
0
445,091
0
394,528
0
453,916
0
379,756
0
420,767
0
0420,7670379,7560453,9160394,5280445,0910422,7450482,3630-854,263-1,408,697-852,180-991,422-853,452-846,161-895,272-872,752-570,312-621,881-4,855,892-6,116,440-6,556,04800000
       Long-term Liabilities Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2
0
020000000000000000000000000000000
> Total Stockholder Equity
2,099,740
3,209,595
3,281,636
3,131,591
3,118,606
3,134,085
2,929,083
3,999,909
4,103,991
4,116,758
4,205,681
4,242,945
4,383,586
4,468,121
4,603,896
4,577,479
4,650,402
4,724,449
4,493,316
4,305,463
4,306,302
4,447,418
4,521,659
4,680,891
4,786,902
4,908,112
5,158,849
5,268,869
5,487,284
5,323,794
5,453,395
5,335,379
5,504,847
5,504,8475,335,3795,453,3955,323,7945,487,2845,268,8695,158,8494,908,1124,786,9024,680,8914,521,6594,447,4184,306,3024,305,4634,493,3164,724,4494,650,4024,577,4794,603,8964,468,1214,383,5864,242,9454,205,6814,116,7584,103,9913,999,9092,929,0833,134,0853,118,6063,131,5913,281,6363,209,5952,099,740
   Common Stock
10,196
10,196
0
1,342,281
1,342,281
1,342,281
1,342,281
1,904,375
1,904,375
1,904,375
1,904,375
1,904,375
1,904,375
1,904,375
1,904,375
1,904,375
1,904,375
1,904,375
1,904,375
1,904,375
1,904,375
1,904,375
1,904,375
1,904,375
1,904,375
1,904,375
1,904,375
1,904,375
1,904,375
1,904,375
1,904,375
5,335,400
1,904,375
1,904,3755,335,4001,904,3751,904,3751,904,3751,904,3751,904,3751,904,3751,904,3751,904,3751,904,3751,904,3751,904,3751,904,3751,904,3751,904,3751,904,3751,904,3751,904,3751,904,3751,904,3751,904,3751,904,3751,904,3751,904,3751,904,3751,342,2811,342,2811,342,2811,342,281010,19610,196
   Retained Earnings 
1,738
17,380
0
4,574
16,665
135,063
-27,942
66,985
123,579
176,392
90,369
172,043
362,542
431,606
97,614
297,917
372,666
438,134
37,219
-103,280
-23,584
29,781
39,007
123,097
223,959
302,796
107,519
221,417
338,377
417,760
3,549,020
3,431,004
3,600,472
3,600,4723,431,0043,549,020417,760338,377221,417107,519302,796223,959123,09739,00729,781-23,584-103,28037,219438,134372,666297,91797,614431,606362,542172,04390,369176,392123,57966,985-27,942135,06316,6654,574017,3801,738
   Capital Surplus 000000000000000000000000000000000
   Treasury Stock000000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
1,072,551
1,614,744
2,028,549
2,076,037
2,035,991
2,210,937
2,166,527
2,116,669
2,132,140
2,601,907
2,375,187
2,373,361
2,381,940
2,551,722
2,504,368
2,425,511
2,513,262
2,578,277
2,653,419
2,658,568
2,700,941
3,146,955
3,143,077
3,244,532
3,001,659
0
0
0
0003,001,6593,244,5323,143,0773,146,9552,700,9412,658,5682,653,4192,578,2772,513,2622,425,5112,504,3682,551,7222,381,9402,373,3612,375,1872,601,9072,132,1402,116,6692,166,5272,210,9372,035,9912,076,0372,028,5491,614,7441,072,55100000



Balance Sheet

Currency in EUR. All numbers in thousands.




Cash Flow

Currency in EUR. All numbers in thousands.




Income Statement

Currency in EUR. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue6,742,629
Cost of Revenue-2,183,503
Gross Profit4,559,1264,559,126
 
Operating Income (+$)
Gross Profit4,559,126
Operating Expense-5,897,634
Operating Income844,995-1,338,508
 
Operating Expense (+$)
Research Development-
Selling General Administrative-
Selling And Marketing Expenses-
Operating Expense5,897,6340
 
Net Interest Income (+$)
Interest Income117,555
Interest Expense-208,174
Other Finance Cost-49,031
Net Interest Income-139,650
 
Pretax Income (+$)
Operating Income844,995
Net Interest Income-139,650
Other Non-Operating Income Expenses-
Income Before Tax (EBT)632,455844,995
EBIT - interestExpense = -208,174
472,427
680,601
Interest Expense208,174
Earnings Before Interest and Taxes (EBIT)-840,629
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax632,455
Tax Provision-144,814
Net Income From Continuing Ops487,641487,641
Net Income472,427
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net-139,650
 

Technical Analysis of Pirelli
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 Pirelli. The general trend of Pirelli is BULLISH with 100.0% 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 Pirelli'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 (100.0%) Bearish trend (-100.0%)
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. 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.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance 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 Pirelli & C SPA.

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: 5.87.

The bearish price targets are: 5.258 > 5.258 > 5.236.

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Pirelli & C SPA Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging 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 Pirelli & C SPA. The current mas is .

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

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher 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 above 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 up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above 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

Pirelli & C SPA Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum 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 Pirelli & C SPA. The current macd is 0.0724425.

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

  • MACD line > signal line: The MACD line is above the signal 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 Pirelli price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Pirelli. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Pirelli price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +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
Pirelli & C SPA Daily Moving Average Convergence/Divergence (MACD) ChartPirelli & C SPA 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 Pirelli & C SPA. The current adx is 23.94.

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

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Pirelli shares, leading to potential upward 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 bullish trend could be forming. +1
Pirelli & C SPA 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.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Pirelli & C SPA. The current sar is 5.72791304.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Pirelli & C SPA Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges 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 Pirelli & C SPA. The current rsi is 61.56. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 3/13.
The longshort score for the Relative Strength Index (RSI) is 2/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending down: The RSI is trending down. -1
Pirelli & C SPA Daily Relative Strength Index (RSI) ChartPirelli & C SPA Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges 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 Pirelli & C SPA. The current phase is Overbought in bull market.

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

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • 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 Pirelli price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Pirelli & C SPA Daily Stochastic Oscillator ChartPirelli & C SPA 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, 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 Pirelli & C SPA. The current cci is 79.65.

Pirelli & C SPA Daily Commodity Channel Index (CCI) ChartPirelli & C SPA 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 Pirelli & C SPA. The current cmo is 28.64.

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

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Pirelli & C SPA Daily Chande Momentum Oscillator (CMO) ChartPirelli & C SPA Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

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

  • Lagging momentum indicator
  • Ranging between 0 and -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 Pirelli & C SPA. The current willr is -5.2173913.

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

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Pirelli & C SPA Daily Williams %R ChartPirelli & C SPA Daily Williams %R Chart

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 oversold 

Score

Let's take a look at the Bollinger Bands of Pirelli & C SPA.

Pirelli & C SPA 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 Pirelli & C SPA. The current atr is 0.11021519.

Pirelli & C SPA Daily Average True Range (ATR) ChartPirelli & C SPA Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 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 Pirelli & C SPA. The current obv is 78,430,920.

Pirelli & C SPA Daily On-Balance Volume (OBV) ChartPirelli & C SPA 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 Pirelli & C SPA. The current mfi is 59.50.

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

  • MFI > 50: +1
Pirelli & C SPA Daily Money Flow Index (MFI) ChartPirelli & C SPA Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Pirelli & C SPA.

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
2023-11-07WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-10STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-14STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-15CCI LONG ENTRY SHORT CLOSE100 crossover to upside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-17STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-20STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-23SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-11-24STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-28WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-29STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-05SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
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
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-11STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-13RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2023-12-14STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-15RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-20STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-22STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-28MACD 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
2023-12-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-03MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-08CCI LONG ENTRY SHORT CLOSE100 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).
2024-01-09MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-10STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-11STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-15RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-17ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-18MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-30SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-31CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-02STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-05DMI 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
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-06DMI 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
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-08SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 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).
2024-02-09MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-14RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-02-15STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-21STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-22WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-23MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-27STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-28STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-29MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-03-01MACD 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
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-04BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-03-06RSI 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).
2024-03-07MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-11DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-12DMI 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.
2024-03-13WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-15STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-21MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-03-26WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside

6.3. Candlestick Patterns

Pirelli & C SPA Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Pirelli & C SPA based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5061.561
Ma 20Greater thanMa 505.513
Ma 50Greater thanMa 1005.349
Ma 100Greater thanMa 2005.041
OpenGreater thanClose5.670
Total5/5 (100.0%)
Penke

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