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 ..."

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57
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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