MTAA
PIRC
Market cap5.64bUSD
Apr 04, Last price
5.15EUR
1D
-3.01%
1Q
-4.28%
Jan 2017
-65.60%
IPO
-23.25%
Name
Pirelli & C SpA
Chart & Performance
Profile
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, Ice Zero, and Carrier brand names; motorcycle tires under the DIABLO Superbike, DIABLO Supercorsa, DIABLO Rain, DIABLO Wet, SCORPION MX, SCORPION Pro F.I.M., SCORPION XC, DIABLO Supercorsa SP, DIABLO Rosso Corsa, DIABLO Rosso III, ANGEL GT II, NIGHT DRAGON, MT 66 ROUTE, SCORPION Trail II, MT 60 RS, SCORPION Rally STR, 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. It operates approximately 17,000 points of sale. Pirelli & C. S.p.A. was founded in 1872 and is headquartered in Milan, Italy.
Valuation
Title EUR in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | |
Income | |||||||||
Revenues | 6,650,063 0.52% | 6,615,727 24.09% | |||||||
Cost of revenue | 3,344,299 | 3,277,583 | |||||||
Unusual Expense (Income) | |||||||||
NOPBT | 3,305,764 | 3,338,144 | |||||||
NOPBT Margin | 49.71% | 50.46% | |||||||
Operating Taxes | 134,198 | 159,734 | |||||||
Tax Rate | 4.06% | 4.79% | |||||||
NOPAT | 3,171,566 | 3,178,410 | |||||||
Net income | 479,080 14.68% | 417,760 37.97% | |||||||
Dividends | (222,871) | (185,395) | |||||||
Dividend yield | 4.52% | 4.63% | |||||||
Proceeds from repurchase of equity | |||||||||
BB yield | |||||||||
Debt | |||||||||
Debt current | 807,711 | 800,389 | |||||||
Long-term debt | 3,657,163 | 4,175,596 | |||||||
Deferred revenue | 38,674 | 12 | |||||||
Other long-term liabilities | 382,089 | 369,576 | |||||||
Net debt | 2,750,015 | 3,557,595 | |||||||
Cash flow | |||||||||
Cash from operating activities | 1,021,720 | 1,131,646 | |||||||
CAPEX | (377,413) | (335,403) | |||||||
Cash from investing activities | (392,859) | (326,618) | |||||||
Cash from financing activities | (979,583) | (1,404,693) | |||||||
FCF | 3,468,772 | 2,856,420 | |||||||
Balance | |||||||||
Cash | 1,481,528 | 1,536,628 | |||||||
Long term investments | 233,331 | (118,238) | |||||||
Excess cash | 1,382,356 | 1,087,604 | |||||||
Stockholders' equity | 5,619,594 | 2,452,169 | |||||||
Invested Capital | 8,601,716 | 9,037,316 | |||||||
ROIC | 35.96% | 35.74% | |||||||
ROCE | 30.12% | 29.89% | |||||||
EV | |||||||||
Common stock shares outstanding | 1,000,000 | 1,000,000 | |||||||
Price | 4.93 23.25% | 4.00 -34.53% | |||||||
Market cap | 4,930,000 23.25% | 4,000,000 -34.53% | |||||||
EV | 7,805,216 | 8,185,247 | |||||||
EBITDA | 3,863,741 | 3,882,411 | |||||||
EV/EBITDA | 2.02 | 2.11 | |||||||
Interest | 234,493 | 125,132 | |||||||
Interest/NOPBT | 7.09% | 3.75% |