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Pirelli & C SpA
MIL:PIRC

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Pirelli & C SpA
MIL:PIRC
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Price: 6.185 EUR 2.57% Market Closed
Market Cap: €6.2B

EV/EBITDA

4.1
Current
1%
More Expensive
vs 3-y median of 4

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
4.1
=
Enterprise Value
€8.1B
/
EBITDA
€1.9B

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
4.1
=
Enterprise Value
€8.1B
/
EBITDA
€1.9B

Valuation Scenarios

Pirelli & C SpA is trading above its 3-year average

If EV/EBITDA returns to its 3-Year Average (4), the stock would be worth €6.1 (1% downside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-1%
Maximum Upside
+85%
Average Upside
23%
Scenario EV/EBITDA Value Implied Price Upside/Downside
Current Multiple 4.1 €6.19
0%
3-Year Average 4 €6.1
-1%
5-Year Average 4.3 €6.47
+5%
Industry Average 4.3 €6.53
+6%
Country Average 7.6 €11.45
+85%

Forward EV/EBITDA
Today’s price vs future ebitda

Today's Enterprise Value EBITDA Forward EV/EBITDA
€8.1B
/
Oct 2025
€1.9B
=
4.1
Current
€8.1B
/
Dec 2025
€1.6B
=
5.2
Forward
€8.1B
/
Dec 2026
€1.6B
=
5.1
Forward
€8.1B
/
Dec 2027
€1.6B
=
5
Forward
€8.1B
/
Dec 2028
€1.7B
=
4.9
Forward

Forward EV/EBITDA shows whether today’s EV/EBITDA still looks high or low once future ebitda are taken into account.

Peer Comparison

All Multiples
EV/EBITDA
P/E
All Countries
Close

Market Distribution

Lower than 81% of companies in Italy
Percentile
19th
Based on 875 companies
19th percentile
4.1
Low
0.7 — 5.2
Typical Range
5.2 — 10.8
High
10.8 —
Distribution Statistics
Italy
Min 0.7
30th Percentile 5.2
Median 7.6
70th Percentile 10.8
Max 3 328.6

Pirelli & C SpA
Glance View

Pirelli & C SpA, a renowned name in the tire industry, has carved out a niche as one of the world’s leading tire manufacturers with a focus on the premium and prestige segments. Founded in 1872 in Milan, Italy, the company has a long-standing tradition of excellence and innovation. Over the decades, Pirelli has built a reputation for crafting high-quality tires that blend advanced technology with a commitment to performance and safety. The company's product portfolio extends beyond regular passenger car tires to include high-performance solutions for motorcycles, SUVs, and specialty vehicles, aligning with its strategic emphasis on the top end of the market. Pirelli combines an understanding of the road with a deep appreciation of automotive culture, which has led to partnerships with prestigious car manufacturers and involvement in motorsports, further enhancing its brand and innovative prowess. In addition to producing high-performance tires, Pirelli generates revenue through various strategic avenues. The company stands out for its robust synergies between research and development and its marketing strategies, ensuring that each product launch is meticulously fine-tuned to meet consumer demand and trends. Pirelli continuously invests in cutting-edge technologies and sustainability initiatives, aiming to reduce environmental impact while enhancing tire efficiency and longevity. By leveraging its global presence and distribution network, Pirelli reaches customers in over 160 countries, bolstered by its retail and service network that supports both direct consumer sales and OEM agreements. This multifaceted approach enables Pirelli to capture a significant share of the global tire market while solidifying its position as an innovative leader in automotive solutions.

PIRC Intrinsic Value
8.594 EUR
Undervaluation 28%
Intrinsic Value
Price €6.185
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