Euronext Paris · Consumer Cyclical
Invest in Compagnie Générale des Établissements Michelin Société en commandite par actions stock from India
Indian and foreign residents can buy Compagnie Générale des Établissements Michelin Société en commandite par actions (ML) shares directly through Paasa.
By Paasa · Updated
Compagnie Générale des Établissements Michelin Société en commandite par actions at a glance
- Price
- €33.75-€0.16 (0.47%)
- Market cap
- €22.87B
- Day range
- €33.66 – €33.99
- P/E
- 14.74
- Dividend yield
- 4.09%
- Volume
- 1.42M
- 1 month
- -2.96%
- 6 months
- +16.50%
- YTD
- +19.22%
- 1 year
- +10.51%
- 5 years
- +1.66%
Compagnie Générale des Établissements Michelin Société en commandite par actions statements, FY2021–FY2025
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | €26.0B | €27.2B | €28.3B | €28.6B | €23.8B |
| Gross profit | €7.0B | €7.7B | €7.9B | €7.5B | €6.9B |
| Operating income | €2.4B | €2.6B | €2.7B | €3.3B | €2.9B |
| Net income | €1.7B | €1.9B | €2.0B | €2.0B | €1.8B |
| Earnings per share | €2.36 | €2.65 | €2.78 | €2.81 | €2.58 |
| EBITDA | €4.6B | €4.4B | €4.9B | €4.9B | €4.5B |
| Total assets | €35.0B | €37.4B | €35.2B | €35.3B | €34.5B |
| Total debt | €6.6B | €7.4B | €6.2B | €7.5B | €8.0B |
| Cash and short-term investments | €4.0B | €4.0B | €2.8B | €2.6B | €4.5B |
| Shareholders' equity | €18.1B | €18.6B | €18.0B | €17.1B | €15.0B |
| Operating cash flow | €3.8B | €4.3B | €5.3B | €1.9B | €2.9B |
| Free cash flow | €1.8B | €2.1B | €3.1B | −€210.0M | €1.2B |
| Capital expenditure | −€2.0B | −€2.3B | −€2.2B | −€2.1B | −€1.7B |
Fiscal years as reported, the latest ending 31 Dec 2025. Figures in EUR; a dash means the provider reported nothing for that line.
Peer comparison
| Company | Ticker | Price | Market cap |
|---|---|---|---|
| Stellantis | STLAP.PA | €3.97 | €11.50B |
| Accor | AC.PA | €46.26 | €10.92B |
| Renault | RNO.PA | €26.36 | €7.63B |
| Valeo | FR.PA | €14.80 | €3.57B |
| OPmobility | OPM.PA | €12.04 | €1.72B |
| Forvia | FRVIA.PA | €8.78 | €1.72B |
Peers as grouped by the data provider. This is not an investment recommendation.
Analyst price targets
- Low
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- High
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- Median
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- Consensus
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Ratings: 0 buy · 1 hold · 0 sell. Consensus: Hold.
Published sell-side 12-month targets in EUR, aggregated by the data provider. They are not Paasa's view and not a forecast.
How to invest in Compagnie Générale des Établissements Michelin Société en commandite par actions from India
Step 1
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Step 2
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to EUR when you buy.
Step 3
Search ML and buy
Find Compagnie Générale des Établissements Michelin Société en commandite par actions by name or by its ticker, ML, and place your order.
Why invest in Compagnie Générale des Établissements Michelin Société en commandite par actions from India
What Compagnie Générale des Établissements Michelin Société en commandite par actions does
Compagnie Générale des Établissements Michelin Société en commandite par actions is a global leader in the production and distribution of tires. The company provides a comprehensive array of tires for personal vehicles, including automobiles, racing, bicycles, motorcycles, scooters, and mopeds. Compagnie Générale des Établissements Michelin Société en commandite par actions operates in the Auto - Parts industry within the Consumer Cyclical sector.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Frequently asked questions
Can I buy Compagnie Générale des Établissements Michelin Société en commandite par actions stock from India?
Yes. Indian residents and NRIs can buy Compagnie Générale des Établissements Michelin Société en commandite par actions (ML) shares directly through Paasa. Compagnie Générale des Établissements Michelin Société en commandite par actions is listed on Euronext Paris, in the Auto - Parts industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.
What tax do I pay in India when I sell Compagnie Générale des Établissements Michelin Société en commandite par actions shares?
In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the EUR/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.