What is Compagnie Generale des Etablissements Michelin SCA?
Compagnie Générale des Établissements Michelin Société en commandite par actions manufactures and sells tires worldwide.
The story behind the price, the case for and against, and what could go wrong. Open a part to read it.
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. The company is listed on the LSE in UK, operating in the Consumer Cyclical sector, with a market capitalisation of 5.04B, and a P/E ratio of 2.7x.
A short list of Consumer Cyclical names that are close enough in size to make side-by-side comparison useful.