Pirelli


Adjusting SOTP valuation metrics

25/06/20 -"We have decreased the EV/EBIT multiple from 12x to 10.5x to account more accurately for Pirelli's heavy reliance on its high value division, explaining the premium over other tyre producers (which ..."

Pages
54
Language
English
Published on
25/06/20
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EXECUTIVE SUMMARY

Updates Pension Risks
Target & Opinion Governance & Management
Business & Trends Graphics : Momentum
Money Making Graphics : MACD & Volumes
Debt Graphics : Sensitivities
Valuation Sector: Performance
DCF Sector: Key data
NAV/SOTP Sector: Ratios & Valorisation
Worth knowing Sector: Peers
Financials Sector: Analysis

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