- Michelin‘s first-half segment operating margin is 13.2%.
- This margin surpasses last year’s 12.1% and exceeds the estimate of 12.7%.
- The company maintains its forecast for total segment operating income to be above €3.5 billion.
- The current market estimate for this income is €3.57 billion.
- Michelin also continues to forecast adjusted free cash flow above €1.5 billion.
- The market estimate for adjusted free cash flow is €1.7 billion.
A look at Michelin Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on Smartkarma’s Smart Scores, Michelin shows a promising long-term outlook. With a solid Dividend score of 4, investors can expect good returns through dividends. The Resilience and Momentum scores of 4 also indicate that Michelin is well-positioned to weather economic uncertainties and maintain strong growth momentum. Although the Value and Growth scores are slightly lower at 3, the overall picture remains positive for the company.
Compagnie Generale des Etablissements Michelin, a company that manufactures auto parts and primarily offers tires, has garnered respectable scores across various factors. This suggests that Michelin is a reliable choice for investors looking for long-term stability and growth potential in the auto industry. With a balanced combination of dividend, resilience, and momentum scores, Michelin demonstrates a strong position in the market, underlining its appeal for those seeking a dependable investment option.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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