PIRC.MI
Pirelli & C SpA
Price:
6.11
EUR
Volume:
3,612,638
Italy | Auto Components
Discounted Cash Flow
Trading Multiples
Peter Lynch Fair Value
Earnings Power Value
Dividend Discount Model
WACC
PIRC.MI DCF Valuation - Growth Exit 5Y
30.7 %
Upside
What is the DCF valuation of PIRC.MI?
The Discounted Cash Flow (DCF) valuation of Pirelli & C SpA (PIRC.MI) is 7.99 EUR. With the latest stock price at 6.11 EUR, the upside of Pirelli & C SpA based on DCF is 30.7%.
Is PIRC.MI a buy or a sell?
Based on the latest price of 6.11 EUR and our DCF valuation, Pirelli & C SpA (PIRC.MI) is a buy. Buying PIRC.MI stocks now will result in a potential gain of 30.7%.
| Range | Selected | |
| WACC / Discount Rate | 7.4% - 8.9% | 8.1% |
| Long-term Growth Rate | 1.0% - 3.0% | 2.0% |
| Fair Price | 5.98 - 11.58 | 7.99 |
| Upside | -2.2% - 89.5% | 30.7% |
6.11 EUR
Stock Price
7.99 EUR
Fair Price
| (EUR in millions) | Projections | |||||
| 12-2024 | 12-2025 | 12-2026 | 12-2027 | 12-2028 | 12-2029 | |
| Revenue | 6,773 | 7,074 | 7,215 | 7,360 | 7,723 | 7,920 |
| % Growth | 2% | 4% | 2% | 2% | 5% | 3% |
| Cost of goods sold | (2,552) | (2,665) | (2,718) | (2,773) | (2,910) | (2,984) |
| % of Revenue | 38% | 38% | 38% | 38% | 38% | 38% |
| Selling, G&A expenses | (2,702) | (2,822) | (2,879) | (2,936) | (3,081) | (3,160) |
| % of Revenue | 40% | 40% | 40% | 40% | 40% | 40% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 |
| % of Revenue | 0% | 0% | 0% | 0% | 0% | 0% |
| Net interest & other expenses | (872) | (910) | (928) | (947) | (994) | (1,019) |
| % of Revenue | 13% | 13% | 13% | 13% | 13% | 13% |
| Tax expense | (147) | (173) | (177) | (180) | (189) | (194) |
| Tax rate | 23% | 26% | 26% | 26% | 26% | 26% |
| Net profit | 501 | 503 | 513 | 524 | 549 | 563 |
| % Margin | 7% | 7% | 7% | 7% | 7% | 7% |