Compagnie Générale des Établissements Michelin Société 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 Générale des Établissements Michelin Société en commandite par actions was incorporated in 1863 and is based in Clermont-Ferrand, France.

André Michelin

Édouard Michelin

Compagnie Générale des Établissements Michelin Société en commandite par actions

Stratos is an aircraft investment specialist with a portfolio of leased aircraft, providing acquisition, re-marketing, advisory, and capital raising services to airlines, lenders, and investors in large commercial aircraft.

Stratos

Stoneridge, Inc., together with its subsidiaries, designs and manufactures engineered electrical and electronic components, modules, and systems for the automotive, commercial, off-highway, motorcycle, and agricultural vehicle markets in North America, South America, Europe, and internationally. It operates in three segments: Control Devices, Electronics, and Stoneridge Brazil. The Control Devices segment offers sensors, switches, actuators, and connectors that monitor, measure, or activate specific functions within a vehicle. The Electronics segment designs and manufactures driver information systems, camera-based vision systems, connectivity, and compliance products. Its products collect, store, and display vehicle information, such as speed, pressure, maintenance data, trip information, operator performance, temperature, distance traveled, and driver messages related to vehicle performance. This segment's electronic control units regulate, coordinate, monitor, and direct the operation of the electrical system within a vehicle. The Stoneridge Brazil segment designs, manufactures, and sells vehicle tracking devices and monitoring services; vehicle security alarms and convenience accessories; in-vehicle audio and infotainment devices; and telematics solutions. It provides its products and systems to various original equipment manufacturers and Tier 1 customers, as well as aftermarket distributors and mass merchandisers for use in various vehicle platforms. Stoneridge, Inc. was founded in 1965 and is headquartered in Novi, Michigan.

Stoneridge, Inc.

BYmyCAR is engaged in the sale of new and used vehicles and offers additional services related to vehicle ownership and maintenance.

BYmyCAR

The MICHELIN Guide

Michelin For Professional Businesses

WISAMO

Michelin IS & Digital

MICHELIN Mining

MICHELIN - Mobility Intelligence

Michelin Engineering & Services

Start2Prod

ViaMichelin

Michelin, the leading tire company, is dedicated to sustainably improving the mobility of goods and people by manufacturing and marketing tires and services for every type of vehicle, including airplanes, automobiles, bicycles/motorcycles, earthmovers, farm equipment and trucks.
It also offers digital mobility support services and publishes travel guides, hotel and restaurant guides, maps and road atlases. 

Headquartered in Clermont-Ferrand, France, Michelin is present in more than 170 countries, has 111,200 employees and operates 67 production plants in 17 different countries. 
Michelin has a Technology Center in charge of research and development, with operations in Europe, North America and Asia. 

In short, whether you look at our mission, our products or our people, Michelin is a company that truly helps you to move forward....

Visit our website to discover more about us www.michelin.com

SmartDrive Systems

Michelin

Last December 22nd, the #DataAct was officially published at the Official Journal of the European Union, establishing a general framework for the use of data from connected devices.

Even though the Data Act constitutes a key milestone for the users' rights, it is not sufficient when it comes to #mobility. Why do we need a sector-specific regulation on #vehicledata ?

Because we want to preserve the free choice of the consumers and the transparency on the data generated by the use of vehicles, the resources and functions of vehicles. A sector-specific regulation would guarantee services interoperability, allow an effective users’ freedom of choice and offer immense potential for safer, smarter and more affordable mobility.

Moreover, such a regulation will also be key for the development of a European innovative connected mobility value chain and European competitiveness.

That's why today, ETRMA, represented by Ragunath Barnerjee, VP Data & Solutions of Bridgestone EMEA, accompanied by the representatives of ADAC, Ayvens, MACIF, and the CLEPA - European Association of Automotive Suppliers, led a press conference in Brussels. The goal? To call on the European Commission to urgently bring forward long-planned #legislation on access to in-car data. 

Fully aligned with the messages conveyed by the speakers today, Michelin advocate a sector specific legislation on access to vehicle data, functions and ressources.

↪️ https://lnkd.in/em73zA9N

Leaseurope Insurance Europe FIGIEFA - Automotive Aftermarket Distributors ADPA - Automotive Data Publishers Association CECRA EGEA - European Garage Equipment Association aisbl Fédération Internationale de l'Automobile AIRC

We are proud to adopt the recommendations of the Task Force on Nature-related Financial Disclosures (TNFD).

Through these recommendations, we aim to contribute to the global targets defined at the COP15 on biological diversity in Montreal last December on nature-related risks and opportunities.

This commitment is yet another step on Michelin’s All-Sustainable roadmap. Indeed, Michelin’s action towards #biodiversity is not new as the first objectives within the #Act4nature international initiative were set in 2018 and have been continuously reinforced since then.

This is being achieved through:

➡️ The Michelin Ecological Reserve in the state of Bahia, Brazil. Over the past 20 years, the reserve has become one of the best-protected areas of the Atlantic Forest, in one of the world's most endangered environments, and is now home to a booming wildlife population, with over 2,000 species of flora and fauna recorded. 🍃


➡️ For over 30 years, Michelin has been committed to reducing its environmental footprint throughout its value chain. It has adopted a demanding and holistic approach based on the Life Cycle Assessment for the Group’s products and services, an ecodesign approach, public goals, and commitments. 🌍


WWF
Entreprises pour l'Environnement (EpE)
Science Based Targets initiative
act4nature international
ORÉE
WBCSD – World Business Council for Sustainable Development
Pacte mondial de l’ONU - Réseau France

Michelin broadens its eRetail footprint with the acquisition of Tyroola.com.au, Australia's fastest growing online retailer for tires and fitting services.

The development of e-commerce is a structural trend in the tire market with 2 out of 3 consumers going online for their tire search, while more and more consumers complete their tire purchase online. After investing in Canada, Egypt, France, Italy, South Africa and the UK, Australia is the seventh country that we invest in to expand our eRetail footprint. Hence this strategic acquisition will allow the Group to further strengthen its knowledge on consumer behavior during the purchasing process.

We aim at continuing to deliver the best possible experience to our customers, from online information seeking, right up to tire fitting.

We warmly welcome the Tyroola team to the Michelin Group!

Learn more : https://lnkd.in/dfDTr73J

Michelin wishes you and your loved ones a happy New Year 2024 😊  ! 

Any good resolution to start the year off on the right foot?

Did you know? 

We are a worldwide leader in connected tire. 

With 150,000 tires on the market, we are today the world’s foremost supplier of connected tires for production cars. In particular, these tires have been homologated by Tesla for the Model S Plaid and the Model X.
 
The tires are also approved for vehicles produced by the English car manufacturer CHARGE CARS, like the brand new fully electric 67.
 
The connected tire is a technology that Michelin has mastered for more than fifteen years. It provides information about its brand and dimensions, making it possible for instance, to much more precisely estimate the battery range of an electric vehicle based on these data and an understanding of the rolling resistance of each tire, or allow car makers to adjust vehicle settings to the tire in order to enhance drivers’ mobility experience.
 
This is yet another example of Michelin's ability to innovate in order to meet the challenges of tomorrow's mobility.

In Mexico, many children from preschool to high school go through many obstacles on a daily basis simply to get to school.

And it is not uncommon for children to walk several hours a day to access education.

That’s why we set up the initiative “Together We Go Further”, in alliance with the association Un Kilo de Ayuda A.C.. The ambition? To provide children with new bikes and helmets so that they can get to school faster and safer.

Part of the proceeds from our tire sales in Mexico in December went towards the purchase of bikes and safety equipment.

This year, 1,500 children will be able to benefit from this operation.

This initiative reflects Michelin's ongoing global commitment to children and safe mobility.

Michelin and its airless technology won the Equipment of the Year category at last night's Automobile Awards! 
 
The ceremony took place at the prestigious Automobile Club de France, and once again rewarded our UPTIS prototype, one of the AIRLESS applications developed by Michelin, which represents a real breakthrough innovation in the world of tires.
 
Just imagine! This innovation eliminates the risk of punctures and rapid loss of pressure, while reducing environmental impact.
 
The UPTIS prototype demonstrates Michelin’s leadership in AIRLESS technologies, underpinned by the Group’s expertise in high-tech materials and in particular composites.

Towards bio-assimilable tire wear particles? 

Yesterday, Michelin, the CNRS - Centre national de la recherche scientifique and the Université Clermont Auvergne inaugurated the "BioDLab" laboratory, dedicated to the study of the degradation and biodegradation of tire rubber. 

The aim? To gain a better understanding of the process by which tires deteriorate as a result of their use, and to develop technical solutions to the environmental problems posed by wear particles resulting from contact between the road and the tire. 

The 4-year joint laboratory's mission is to develop tools that will enable concrete solutions to be found to make wear particles bio-assimilable by the environment.

Taking into account the environmental impact of our activities is an integral part of our strategy. For several years now, we have been committed to reducing the abrasion of our tires, drawing on our expertise in materials. This commitment has already enabled us to reduce tire wear emissions by 5% between 2015 and 2020.

#TOBECONTINUED

Symbio, an equally owned joint venture between Michelin, FORVIA & Stellantis, inaugurates its first gigafactory SymphonHy, Europe's largest integrated site producing hydrogen fuel cells!

With its capacity for innovation and industrialization, and an annual output of 50,000 fuel cell systems, SymphonHy is paving the way for large-scale production, accelerating the roll-out of competitive, high-performance hydrogen-powered transport, and contributing to the energy transition and the ambitions of Europe to move towards net zero.

SymphonHy is part of HyMotive, a strategic €1 billion project to develop disruptive technology, supported by the European Union and the French Gouvernement. 

For us, this new stage in Symbio's development is a collective response to the challenge of low-carbon mobility. We have joined forces with Forvia and Stellantis to make this ambition a reality, each partner bringing its own complementary expertise to bear on the energy transition.

Learn more: https://lnkd.in/d8eeXQcU

Only a few days to go until the inauguration of Symbio's SymphonHy gigafactory! 

SymphonHy is the largest integrated fuel cell gigafactory in Europe, with cutting-edge innovation and unmatched industrialization capacities. A new step for our JV Symbio to make zero emission hydrogen mobility a large-scale reality. 

The grand opening will take place on December 5, hosted by Symbio's CEO Philippe Rosier, in the presence of Patrick Koller (CEO FORVIA), our CEO Florent Menegaux and Carlos Tavares (CEO Stellantis).
 
We are delighted to invite you to be part of that very special day, by following along the plenary session (Dec. 5, 10am). 

Join us! ➡  https://lnkd.in/gkYP94RV

Metric
Company Name	Compagnie Générale des Établissements Michelin Société en commandite par actions	Stratos	Stoneridge, Inc.	BYmyCAR
Symbol	ML		SRI
MSH ID	COM:MICHELIN	AERO:MAGI	COM:STONERIDGE	FR:BYMYCAR
Market	STOCKS	PRIVATE	STOCKS	PRIVATE
Sector	Consumer Cyclical	Commercial & Professional Services	Consumer Cyclical	Consumer Services
Industry	Auto - Parts	Aviation	Auto - Parts	Automotive
Country	FR	US	US	FR
Stage	Debt
Employee Count	118.40K		4.85K
Website	michelin.com	magi.aero	stoneridge.com	bymycar.fr
LinkedIn	michelin	magi-aviation	stoneridgeglobal
Founders

Metric
Market Cap	26.04B	398.19M
Enterprise Value
Monthly Web Traffic	10.61M	9.21K	1.60M
Web Traffic Growth	0.04	0.32	0.20
Valuation
Raised Capital	1.07B

Metric
Revenue	29.94B	975.82M
Revenue (LTM)
Revenue (NTM)
Gross Profit	8.30B	194.82M
EBITDA	5.80B	50.59M
Operating Income	3.68B	16.90M
Net Income	2.09B	-5.18M
EPS	2.93	-0.19
Diluted EPS	2.90	-0.19
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin	0.29	0.40
Operating Profit Margin	0.13	0.01
EBITDA Margin	0.19	0.05
Net Profit Margin	0.07	0.00
Return on Equity	0.11	0.01
Return on Assets	0.06	0.01
Return on Capital Employed	0.13	0.13

COM:MICHELIN

Michelin

Last Close

31.10

25/11 09:25

Market Cap

24.65B

Beta: -

Volume Today

75.40K

Avg: -

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio	9.26	-62.06
P/B Ratio	1.27	1.81
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio	0.96	0.51
EV Multiple	4.29	14.81

Metric
Days Sales Outstanding	53.63	66.17
Days Payables Outstanding	55.86	61.64
Days Inventory Outstanding	108.51	114.74
Operating Cycle	162.12	179.79
Cash Conversion Cycle	104.86	110.41
Asset Turnover	0.81	3.86

Metric
Operating Cash Flow	5.58B	4.95M
Free Cash Flow	3.18B	-33.55M
Cash Flow to Debt	0.96	2.38
Operating Cash Flow/Sales	0.19	0.03
Free Cash Flow Yield	0.08	-0.02

Metric
Cash & Equivalents	2.66B	40.84M
Accounts Receivable	268.28M	-5.85M
Inventory	5.89B	187.76M
Goodwill	3.15B	35.30M
Debt to Capitalization	0.30	0.41
Debt to Assets	0.22	0.29
Current Ratio	1.70	1.14
Quick Ratio	1.11	1.40

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue	0.00	0.00
R&D to Revenue	0.02	0.08
SG&A to Revenue	0.08