Pirelli & C. S.p.A. Logo

Pirelli & C. S.p.A.

PIRC.MI

(3.0)
Stock Price

5,13 EUR

5.73% ROA

8.3% ROE

11.49x PER

Market Cap.

5.280.000.000,00 EUR

74.47% DER

3.75% Yield

6.95% NPM

Pirelli & C. S.p.A. Stock Analysis

Pirelli & C. S.p.A. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Pirelli & C. S.p.A. Fundamental Stock Analysis
# Analysis Rating
1 PBV

The stock's low PBV ratio (0.85x) suggests it's undervalued, making it an attractive opportunity for investors.

2 Dividend

Investors can trust the company's impressive dividend track record, consistently distributing dividends over the past five years, showcasing a strong commitment to rewarding shareholders.

3 ROE

The stock's ROE falls within an average range (7.93%), demonstrating satisfactory profitability and efficiency in utilizing shareholders' equity.

4 ROA

The stock's ROA (5.04%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

5 DER

The stock has a reasonable amount of debt compared to its ownership (89%), suggesting a balanced financial position and a moderate level of risk.

6 Revenue Growth

This company's revenue has shown remarkable growth over the past three years, making it an excellent choice for seeking a consistently prosperous investment.

7 Net Profit Growth

With continuous net profit growth in the past three years, this company demonstrates a strong financial performance, making it an enticing investment opportunity.

8 Graham Number

The Graham number analysis indicates that this company's stock price is likely undervalued, raising prospects for a favorable investment opportunity.

9 Dividend Growth

The company's dividend growth has exhibited a remarkable upward trend over the past three years, consistently delivering higher payouts to shareholders.

10 Buffet Intrinsic Value

Warren Buffett's formula suggests that the company's stock is undervalued (176), making it an appealing investment prospect with its intrinsic value surpassing the current market price.

11 Assets Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

Pirelli & C. S.p.A. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Pirelli & C. S.p.A. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Pirelli & C. S.p.A. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Pirelli & C. S.p.A. Revenue
Year Revenue Growth
2002 6.861.446.000
2003 6.856.708.000 -0.07%
2004 7.488.053.000 8.43%
2005 4.559.073.000 -64.25%
2006 4.841.224.000 5.83%
2007 6.504.537.000 25.57%
2008 4.660.175.000 -39.58%
2009 4.462.207.000 -4.44%
2010 4.848.418.000 7.97%
2011 5.654.793.000 14.26%
2012 6.071.535.000 6.86%
2013 6.146.160.000 1.21%
2014 6.018.063.000 -2.13%
2015 6.309.633.000 4.62%
2016 6.058.431.000 -4.15%
2017 5.352.283.000 -13.19%
2018 5.194.471.000 -3.04%
2019 5.323.054.000 2.42%
2020 4.302.131.000 -23.73%
2021 5.331.450.000 19.31%
2022 6.615.727.000 19.41%
2023 6.890.832.000 3.99%
2023 6.650.063.000 -3.62%
2024 7.007.884.000 5.11%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Pirelli & C. S.p.A. Research and Development Expenses
Year Research and Development Expenses Growth
2002 0
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 214.400.000 100%
2016 208.600.000 -2.78%
2017 221.500.000 5.82%
2018 219.000.000 -1.14%
2019 232.500.000 5.81%
2020 194.600.000 -19.48%
2021 240.400.000 19.05%
2022 263.899.999 8.9%
2023 0 0%
2023 288.500.000 100%
2024 311.600.000 7.41%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Pirelli & C. S.p.A. General and Administrative Expenses
Year General and Administrative Expenses Growth
2002 0
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 92.957.000 100%
2013 87.885.000 -5.77%
2014 94.736.000 7.23%
2015 118.860.000 20.3%
2016 107.895.000 -10.16%
2017 98.691.000 -9.33%
2018 83.914.000 -17.61%
2019 88.742.000 5.44%
2020 83.866.000 -5.81%
2021 86.779.000 3.36%
2022 97.885.000 11.35%
2023 0 0%
2023 90.844.000 100%
2024 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Pirelli & C. S.p.A. EBITDA
Year EBITDA Growth
2002 537.066.000
2003 578.643.000 7.19%
2004 719.798.000 19.61%
2005 1.006.924.000 28.52%
2006 -310.527.000 424.26%
2007 1.058.864.000 129.33%
2008 421.660.000 -151.12%
2009 768.346.000 45.12%
2010 939.986.000 18.26%
2011 837.234.000 -12.27%
2012 1.026.895.000 18.47%
2013 966.145.000 -6.29%
2014 940.584.000 -2.72%
2015 1.008.156.000 6.7%
2016 1.069.992.000 5.78%
2017 1.222.853.000 12.5%
2018 944.500.000 -29.47%
2019 1.386.931.000 31.9%
2020 597.014.000 -132.31%
2021 1.091.332.000 45.29%
2022 1.331.844.000 18.06%
2023 2.298.752.000 42.06%
2023 1.164.541.000 -97.4%
2024 885.840.000 -31.46%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Pirelli & C. S.p.A. Gross Profit
Year Gross Profit Growth
2002 5.571.755.000
2003 5.548.093.000 -0.43%
2004 2.455.653.000 -125.93%
2005 2.918.721.000 15.87%
2006 3.061.190.000 4.65%
2007 3.437.301.000 10.94%
2008 2.712.104.000 -26.74%
2009 2.948.568.000 8.02%
2010 2.988.758.000 1.34%
2011 3.369.947.000 11.31%
2012 3.818.686.000 11.75%
2013 3.874.508.000 1.44%
2014 4.008.248.000 3.34%
2015 4.259.360.000 5.9%
2016 4.002.782.000 -6.41%
2017 3.529.483.000 -13.41%
2018 3.581.388.000 1.45%
2019 3.592.092.000 0.3%
2020 2.863.335.000 -25.45%
2021 3.670.759.000 22%
2022 4.410.580.000 16.77%
2023 4.578.924.000 3.68%
2023 2.251.223.000 -103.4%
2024 3.972.716.000 43.33%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Pirelli & C. S.p.A. Net Profit
Year Net Profit Growth
2002 -58.383.000
2003 -39.357.000 -48.34%
2004 274.098.000 114.36%
2005 398.950.000 31.3%
2006 -1.048.826.000 138.04%
2007 323.590.000 424.12%
2008 -412.526.000 178.44%
2009 -22.586.000 -1726.47%
2010 4.229.000 634.07%
2011 451.608.000 99.06%
2012 393.785.000 -14.68%
2013 303.574.000 -29.72%
2014 319.291.000 4.92%
2015 -391.366.000 181.58%
2016 135.063.000 389.77%
2017 176.392.000 23.43%
2018 431.606.000 59.13%
2019 438.134.000 1.49%
2020 42.673.000 -926.72%
2021 302.796.000 85.91%
2022 417.760.000 27.52%
2023 643.816.000 35.11%
2023 479.080.000 -34.39%
2024 487.392.000 1.71%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Pirelli & C. S.p.A. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2002 0
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 1 0%
2012 1 0%
2013 1 0%
2014 1 0%
2015 -1 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 1 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Pirelli & C. S.p.A. Free Cashflow
Year Free Cashflow Growth
2002 -3.067.000
2003 298.218.000 101.03%
2004 289.060.000 -3.17%
2005 224.838.000 -28.56%
2006 22.924.000 -880.8%
2007 267.233.000 91.42%
2008 -260.827.000 202.46%
2009 293.727.000 188.8%
2010 190.191.000 -54.44%
2011 -38.236.000 597.41%
2012 42.969.000 188.99%
2013 455.177.000 90.56%
2014 553.401.000 17.75%
2015 480.058.000 -15.28%
2016 755.094.000 36.42%
2017 648.284.000 -16.48%
2018 188.594.000 -243.75%
2019 632.192.000 70.17%
2020 424.946.000 -48.77%
2021 632.403.000 32.8%
2022 796.243.000 20.58%
2023 235.961.000 -237.45%
2023 622.684.000 62.11%
2024 212.733.000 -192.71%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Pirelli & C. S.p.A. Operating Cashflow
Year Operating Cashflow Growth
2002 415.386.000
2003 660.242.000 37.09%
2004 620.697.000 -6.37%
2005 467.297.000 -32.83%
2006 333.264.000 -40.22%
2007 570.979.000 41.63%
2008 75.680.000 -654.46%
2009 538.673.000 85.95%
2010 628.088.000 14.24%
2011 587.974.000 -6.82%
2012 513.931.000 -14.41%
2013 868.276.000 40.81%
2014 931.365.000 6.77%
2015 871.452.000 -6.88%
2016 1.127.277.000 22.69%
2017 1.137.634.000 0.91%
2018 658.326.000 -72.81%
2019 1.022.703.000 35.63%
2020 618.352.000 -65.39%
2021 919.074.000 32.72%
2022 1.131.646.000 18.78%
2023 313.327.000 -261.17%
2023 1.021.720.000 69.33%
2024 316.418.000 -222.9%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Pirelli & C. S.p.A. Capital Expenditure
Year Capital Expenditure Growth
2002 418.453.000
2003 362.024.000 -15.59%
2004 331.637.000 -9.16%
2005 242.459.000 -36.78%
2006 310.340.000 21.87%
2007 303.746.000 -2.17%
2008 336.507.000 9.74%
2009 244.946.000 -37.38%
2010 437.897.000 44.06%
2011 626.210.000 30.07%
2012 470.962.000 -32.96%
2013 413.099.000 -14.01%
2014 377.964.000 -9.3%
2015 391.394.000 3.43%
2016 372.183.000 -5.16%
2017 489.350.000 23.94%
2018 469.732.000 -4.18%
2019 390.511.000 -20.29%
2020 193.406.000 -101.91%
2021 286.671.000 32.53%
2022 335.403.000 14.53%
2023 77.366.000 -333.53%
2023 399.036.000 80.61%
2024 103.685.000 -284.85%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Pirelli & C. S.p.A. Equity
Year Equity Growth
2002 4.626.388.000
2003 3.677.747.000 -25.79%
2004 4.087.620.000 10.03%
2005 5.613.806.000 27.19%
2006 4.686.557.000 -19.79%
2007 3.804.071.000 -23.2%
2008 2.374.362.000 -60.21%
2009 2.494.671.000 4.82%
2010 2.027.983.000 -23.01%
2011 2.191.578.000 7.46%
2012 2.389.429.000 8.28%
2013 2.436.589.000 1.94%
2014 2.611.502.000 6.7%
2015 2.343.544.000 -11.43%
2016 3.274.858.000 28.44%
2017 4.177.009.000 21.6%
2018 4.550.927.000 8.22%
2019 4.826.631.000 5.71%
2020 4.551.850.000 -6.04%
2021 5.042.639.000 9.73%
2022 5.453.828.000 7.54%
2023 5.631.960.000 3.16%
2023 5.619.594.000 -0.22%
2024 5.713.290.000 1.64%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Pirelli & C. S.p.A. Assets
Year Assets Growth
2002 10.897.325.000
2003 9.961.046.000 -9.4%
2004 10.385.732.000 4.09%
2005 10.808.921.000 3.92%
2006 10.227.498.000 -5.68%
2007 8.953.240.000 -14.23%
2008 6.933.218.000 -29.14%
2009 6.727.261.000 -3.06%
2010 5.618.800.000 -19.73%
2011 6.995.806.000 19.68%
2012 7.592.823.000 7.86%
2013 7.360.212.000 -3.16%
2014 7.673.039.000 4.08%
2015 7.238.117.000 -6.01%
2016 14.366.461.000 49.62%
2017 12.733.914.000 -12.82%
2018 13.031.697.000 2.29%
2019 13.876.625.000 6.09%
2020 13.760.017.000 -0.85%
2021 13.883.173.000 0.89%
2022 13.897.550.000 0.1%
2023 13.373.290.000 -3.92%
2023 13.530.927.000 1.17%
2024 13.286.029.000 -1.84%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Pirelli & C. S.p.A. Liabilities
Year Liabilities Growth
2002 6.270.937.000
2003 6.283.299.000 0.2%
2004 6.298.112.000 0.24%
2005 5.195.115.000 -21.23%
2006 5.540.941.000 6.24%
2007 5.149.169.000 -7.61%
2008 4.558.856.000 -12.95%
2009 4.232.590.000 -7.71%
2010 3.590.817.000 -17.87%
2011 4.804.228.000 25.26%
2012 5.203.394.000 7.67%
2013 4.923.623.000 -5.68%
2014 5.061.537.000 2.72%
2015 4.894.573.000 -3.41%
2016 11.091.603.000 55.87%
2017 8.556.905.000 -29.62%
2018 8.480.770.000 -0.9%
2019 9.049.994.000 6.29%
2020 9.208.167.000 1.72%
2021 8.840.534.000 -4.16%
2022 8.443.722.000 -4.7%
2023 7.741.330.000 -9.07%
2023 7.911.333.000 2.15%
2024 7.572.739.000 -4.47%

Pirelli & C. S.p.A. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
6.61
Net Income per Share
0.46
Price to Earning Ratio
11.49x
Price To Sales Ratio
0.79x
POCF Ratio
4.64
PFCF Ratio
7.27
Price to Book Ratio
0.95
EV to Sales
1.31
EV Over EBITDA
5.68
EV to Operating CashFlow
7.61
EV to FreeCashFlow
12
Earnings Yield
0.09
FreeCashFlow Yield
0.14
Market Cap
5,28 Bil.
Enterprise Value
8,71 Bil.
Graham Number
7.56
Graham NetNet
-5.19

Income Statement Metrics

Net Income per Share
0.46
Income Quality
2.08
ROE
0.08
Return On Assets
0.03
Return On Capital Employed
-0.07
Net Income per EBT
0.8
EBT Per Ebit
-0.88
Ebit per Revenue
-0.1
Effective Tax Rate
0.2

Margins

Sales, General, & Administrative to Revenue
0.05
Research & Developement to Revenue
0.07
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.51
Operating Profit Margin
-0.1
Pretax Profit Margin
0.09
Net Profit Margin
0.07

Dividends

Dividend Yield
0.04
Dividend Yield %
3.75
Payout Ratio
0.91
Dividend Per Share
0.2

Operating Metrics

Operating Cashflow per Share
1.14
Free CashFlow per Share
0.72
Capex to Operating CashFlow
0.37
Capex to Revenue
0.06
Capex to Depreciation
0.7
Return on Invested Capital
-0.05
Return on Tangible Assets
0.06
Days Sales Outstanding
54.89
Days Payables Outstanding
167.75
Days of Inventory on Hand
158.58
Receivables Turnover
6.65
Payables Turnover
2.18
Inventory Turnover
2.3
Capex per Share
0.42

Balance Sheet

Cash per Share
0,88
Book Value per Share
5,67
Tangible Book Value per Share
0.5
Shareholders Equity per Share
5.53
Interest Debt per Share
4.37
Debt to Equity
0.74
Debt to Assets
0.31
Net Debt to EBITDA
2.24
Current Ratio
1.17
Tangible Asset Value
0,50 Bil.
Net Current Asset Value
-3,72 Bil.
Invested Capital
9154751000
Working Capital
0,57 Bil.
Intangibles to Total Assets
0.39
Average Receivables
1,23 Bil.
Average Payables
1,48 Bil.
Average Inventory
1418732500
Debt to Market Cap
0.79

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Pirelli & C. S.p.A. Dividends
Year Dividends Growth
2019 0
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2024 0 0%

Pirelli & C. S.p.A. Profile

About Pirelli & C. S.p.A.

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.

CEO
Mr. Andrea Livio Donato Casalu
Employee
31.284
Address
Viale Piero e Alberto Pirelli n. 25
Milan, 20126

Pirelli & C. S.p.A. Executives & BODs

Pirelli & C. S.p.A. Executives & BODs
# Name Age
1 Mr. Maurizio Sala
Executive Vice President of Administration & Operational Improvement
70
2 Mr. Pierangelo Misani
Chief Technical Officer
70
3 Mr. Nicola Verdicchio
Senior Vice President & Chief Legal Officer
70
4 Mr. Davide Sala
Executive Vice President and Chief Human Resources & Organization Officer
70
5 Mr. Fabio Bocchio
Chief Financial Officer
70
6 Mr. Andrea Livio Donato Casaluci
Chief Executive Officer & Executive Director
70
7 Mr. Maurizio Abet
Senior Vice President of Communication
70
8 Dr. Valeria Leone
Senior Vice President of Investor Relations, Competitive & Business Insight
70
9 Mr. Alberto Bastanzio
Executive Vice President of Corporate Affairs, Compliance & Audit and Secretary of the Board
70
10 Mr. Roberto Righi
Executive Vice President of Commercial Replacement, Moto, Velo & Customer Racing and Region Europe
70

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