Is ML.PA undervalued or overvalued?

As of 2025-03-19, the Intrinsic Value of Compagnie Generale des Etablissements Michelin SCA (ML.PA) is 28.76 EUR. This ML.PA valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 34.22 EUR, the upside of Compagnie Generale des Etablissements Michelin SCA is -16.00%. This means that ML.PA is overvalued by 16.00%.

The range of the Intrinsic Value is 20.31 - 46.43 EUR

	Range	Selected	Upside
a
DCF (Growth 5y)	20.31 - 46.43	28.76	-16.0%
DCF (Growth 10y)	30.66 - 64.14	41.55	21.4%
DCF (EBITDA 5y)	28.71 - 37.59	33.45	-2.2%
DCF (EBITDA 10y)	35.69 - 48.09	41.96	22.6%
Fair Value	68.08 - 68.08	68.08	98.96%
P/E	22.90 - 34.15	28.73	-16.1%
EV/EBITDA	24.72 - 40.28	32.69	-4.5%
EPV	35.71 - 47.72	41.71	21.9%
DDM - Stable	22.14 - 55.59	38.86	13.6%
DDM - Multi	30.53 - 57.03	39.53	15.5%