Pirelli & C. SpA (PIRC) AI Stock Analysis

• Market Cap: €6.30B
• Dividend Yield: 3.16%
• Average Volume (3M): 2.38M
• Price to Earnings (P/E): 12.8
• Beta (1Y): 0.78
• Revenue Growth: 2.87%
• EPS Growth: 6.90%
• Country: IT
• Employees: 30,641
• Sector: Consumer Cyclical
• Sector Strength: 77
• Industry: Auto - Parts
• EPS (TTM): 0.12
• Shares Outstanding: 1,000,000,000
• 10 Day Avg. Volume: 3,241,821
• 30 Day Avg. Volume: 2,376,940
• PEG Ratio: -1.79
• Price to Book (P/B): 0.91
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 6.25
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €6.50
• Price Target Upside: 5.01% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 5

• Rating: 74 Outperform
• Price Target: €7.00 ▲(13.09%Upside)

Pirelli & C. SpA scores a solid 73.5, driven by robust financial performance, particularly in revenue growth and balance sheet stability. Despite positive technical indicators, overbought signals suggest caution. The company's valuation is attractive, supported by a reasonable P/E ratio and strong dividend yield. The absence of recent earnings call and corporate events data means the score primarily reflects financial and technical analysis.

Pirelli & C. SpA Business Overview & Revenue Model

Company Description

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.

How the Company Makes Money

Pirelli & C. SpA generates revenue primarily through the sale of its high-performance tires. The company's key revenue streams include sales to original equipment manufacturers (OEMs) who integrate Pirelli tires into new vehicles and sales within the replacement tire market, where consumers purchase Pirelli tires as replacements for worn or damaged tires. Pirelli's focus on premium and prestige segments allows it to command higher price points, contributing to its profitability. Additionally, the company's investment in research and development fosters innovative products that meet the evolving demands of safety and sustainability, further enhancing its market position. Strategic partnerships with automotive manufacturers and a global distribution network also play a significant role in maximizing Pirelli's market reach and revenue.

Pirelli & C. SpA Financial Statement Overview

Summary

Income Statement

Balance Sheet

Cash Flow

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
6.72B	6.65B	6.62B	5.33B	4.30B	5.32B
	Gross Profit
3.85B	4.06B	4.41B	3.67B	2.86B	3.59B
	EBIT
908.37M	808.33M	791.48M	577.05M	79.86M	742.74M
	EBITDA
1.75B	1.41B	1.29B	1.08B	714.80M	1.30B
	Net Income Common Stockholders
432.48M	479.08M	417.76M	302.80M	42.67M	438.13M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
579.46M	1.48B	1.54B	2.00B	2.33B	1.65B
	Total Assets
6.84B	13.53B	13.90B	13.88B	13.76B	13.88B
	Total Debt
1.73B	3.96B	4.49B	5.28B	5.85B	5.37B
	Net Debt
1.30B	2.71B	3.20B	3.39B	3.58B	3.76B
	Total Liabilities
4.24B	7.91B	8.44B	8.84B	9.21B	9.05B
	Stockholders Equity
2.27B	5.49B	5.32B	4.91B	4.45B	4.72B
Cash Flow		Free Cash Flow
808.99M	960.83M	796.24M	632.40M	424.95M	632.19M
	Operating Cash Flow
1.23B	1.36B	1.13B	919.07M	618.35M	1.02B
	Investing Cash Flow
-442.86M	-392.86M	-326.62M	-256.39M	-251.68M	-362.35M
	Financing Cash Flow
-655.76M	-979.58M	-1.40B	-1.08B	439.40M	-344.48M

Pirelli & C. SpA Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 6.19
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IT:PIRC, the sentiment is Positive. The current price of 6.19 is above the 20-day moving average (MA) of 6.03, above the 50-day MA of 5.59, and above the 200-day MA of 5.50, indicating a bullish trend. The MACD of 0.20 indicates Negative momentum. The RSI at 64.08 is Neutral, neither overbought nor oversold. The STOCH value of 79.11 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IT:PIRC.

Pirelli & C. SpA Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PIRC	74 Outperform	€6.30B	12.78	8.52%	3.16%	2.87%	6.90%
Sector *	62 Neutral	$6.90B	11.12	2.92%	3.89%	2.68%	-25.06%
RACE		$112.61B	50.71	45.95%	0.67%	―	―
0H6I		€8.27B	―	1.06%	―	―	―