MichelinMEX:ML 84 Buyback Yield % is 2.59 as of Jun. 29, 2026, which is 292% above its 10-year median of 0.66. GuruFocus rates MEX:ML with a GF Score™ of 84/100 and a GF Value™ of MXN654.13. The stock has 6 warning signs investors should review. Among 339 Vehicles & Parts companies, Michelin ranks better than 78.76% on this metric.
Buyback yield is the net repurchase of shares outstanding over the market capital of the company. It is a measure of shareholder return.
The historical data trend for Michelin's Buyback Yield % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Auto Parts subindustry, Michelin's Buyback Yield %, along with its competitors' market caps and Buyback Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Michelin Buyback Yield % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Michelin's Buyback Yield % distribution charts can be found below:
* The bar in red indicates where Michelin's Buyback Yield % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Michelin (MEX:ML) has a Buyback Yield % of 2.59 as of Jun. 29, 2026. Share buyback yield equals the net issuance of stock divided by market cap. View historical data on Michelin and its competitors. This is 292% above median its historical median of 0.66. According to the industry distribution chart, Michelin ranks #72 out of 339 companies in the Vehicles & Parts industry, placing it in the top 21.2%.
Is Michelin's Buyback Yield % too high?
Michelin's current Buyback Yield % of 2.59 is 292% above median its 10-year median of 0.66. The Vehicles & Parts industry median Buyback Yield % is 0.19. Michelin's value of 2.59 is 1263.2% above this industry median. Based on the distribution chart, Michelin ranks #72 out of 339 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Michelin has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does Michelin's Buyback Yield % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Michelin ranks #72 out of 339 companies for Buyback Yield %. This places Michelin in the top 21% of its industry — outperforming the majority of peers. The industry median Buyback Yield % is 0.19. Michelin's value of 2.59 is 1263.2% above this benchmark. While the company's 10-year median is 0.66 vs. the industry median of 0.19, Michelin has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Buyback Yield % for a Vehicles & Parts company?
The median Buyback Yield % among Vehicles & Parts companies is 0.19, based on 339 companies in the industry. Companies in the top quartile (top 25%) have a Buyback Yield % significantly above this median, while those in the bottom quartile fall well below. However, Buyback Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Michelin's current Buyback Yield % of 2.59 is 1263.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Buyback Yield % mean?
A high Buyback Yield % can signal that a stock is expensive relative to its fundamentals. Share buyback yield equals the net issuance of stock divided by market cap. View historical data on Michelin and its competitors. For the Vehicles & Parts industry, the median Buyback Yield % is 0.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Michelin's current Buyback Yield % is 2.59, which is 292% above median its own 10-year median of 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Michelin stock overvalued right now?
Michelin (MEX:ML) has a current Buyback Yield % of 2.59. The stock's GF Value™ is MXN654.13, compared to a current price of MXN733.29 — trading 12.1% above its estimated fair value. The current Buyback Yield % is 2.59, which is 292% above median its 10-year median of 0.66 and 1263.2% above the Vehicles & Parts industry median of 0.19. Michelin's overall GF Score™ is 84/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Buyback Yield % calculated?
Buyback Yield % is calculated from a company's financial statements. For Michelin (MEX:ML), the current Buyback Yield % is 2.59 as of Jun. 29, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Michelin (MEX:ML) Overvalued in 2026?
Based on GuruFocus' analysis, Michelin stock appears to be overvalued.
The current stock price of MXN733.29 is trading 12.1% above its estimated GF Value™ of MXN654.13.
Key valuation signals for MEX:ML:
Buyback Yield %: 2.59 (292% above median its 10-year median of 0.66)
GF Value™: MXN654.13 vs. price of MXN733.29 (12.1% above fair value)
Industry Position: 1263.2% above the Vehicles & Parts median (#72 of 339)
No single metric tells the full story. See the MEX:ML stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Michelin manufactures tires for passenger vehicles. The company also makes tires for all types of commercial vehicles as well as bicycle, motorcycle, earthmover, aviation, and agricultural tires. Its operations are organized into three operating segments namely Automotive and two-wheel; Road transportation; and Specialty businesses. The company generates maximum revenue from Automotive segments. The Specialty businesses include the Mining, Beyond-road, Two-wheel and Aircraft tire activities, as well as the High-Tech Materials activities. The Services & Solutions businesses are included for the majority part in the Road transportation and related distribution segment.
84GF Score
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