Ratings Bridgestone Corporation

Equities

Market Closed - Japan Exchange Other stock markets 02:00:00 2024-09-06 EDT			5-day change	1st Jan Change
5,441.00 ^JPY	-0.22%		-4.24%	-6.83%

09-02	Eni, Versalis sign agreement to recycle tires	AN
09-02	Eni Unit, Bridgestone, Grupo BB&G Team Up to Develop Recycling System for End-of-life Tires	MT

The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.
Overall, and from a short-term perspective, the company presents an interesting fundamental situation.
According to Refinitiv, the company's ESG score for its industry is good.

The company is in a robust financial situation considering its net cash and margin position.
With a P/E ratio at 10.6 for the current year and 9.8 for next year, earnings multiples are highly attractive compared with competitors.
The company has attractive valuation levels with a low EV/sales ratio compared with its peers.
The company appears to be poorly valued given its net asset value.
Considering the small differences between the analysts' various estimates, the group's business visibility is good.

According to forecast, a sluggish sales growth is expected for the next fiscal years.
For the last four months, the sales outlook for the coming years has been revised downwards. No recovery of the group's activities is yet foreseen.
For the last few months, analysts have been revising downwards their earnings forecast.
The average price target of analysts who are interested in the stock has been significantly revised downwards over the last four months.
The company's earnings releases usually do not meet expectations.

Source: Surperformance

Source: Refinitiv

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Composite Fundamentals	Composite Valuation	Composite Momentum	Capi. ($)
	BRIDGESTONE CORPORATION				26.22B
	MICHELIN (CGDE)				27.87B
	SAILUN GROUP CO., LTD.				5.74B
	THE YOKOHAMA RUBBER CO., LTD.				3.58B
	DÄTWYLER HOLDING AG				3.44B
	SUMITOMO RUBBER INDUSTRIES, LTD.				2.81B
	KUMHO PETRO CHEMICAL CO.,LTD				2.58B
	THE GOODYEAR TIRE & RUBBER COMPANY				2.25B
	TOYO TIRE CORPORATION				2.24B
	Average				8.53B
	Weighted average by Cap.