MichelinMEX:ML 84 Market Cap is MXN461,392 Mil as of Jun. 26, 2026. GuruFocus rates MEX:ML with a GF Score™ of 84/100 and a GF Value™ of MXN652.58. The stock has 6 warning signs investors should review. Among 1,346 Vehicles & Parts companies, Michelin ranks better than 98.14% on this metric.
Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Michelin's share price for the quarter that ended in Dec. 2025 was MXN733.29. Michelin's Shares Outstanding (EOP) for the quarter that ended in Dec. 2025 was 688 Mil. Therefore, Michelin's market cap for the quarter that ended in Dec. 2025 was MXN504,207 Mil.
Michelin's quarterly market cap
increased
from Dec. 2024 (MXN430,202 Mil) to Jun. 2025 (MXN517,518 Mil) but then
declined
from Jun. 2025 (MXN517,518 Mil) to Dec. 2025 (MXN504,207 Mil).
Michelin's annual market cap
increased
from Dec. 2023 (MXN388,058 Mil) to Dec. 2024 (MXN430,202 Mil) and
increased
from Dec. 2024 (MXN430,202 Mil) to Dec. 2025 (MXN504,207 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Michelin's Enterprise Value for Today is MXN514,233 Mil.
Michelin (MEX:ML) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Michelin Market Cap Related Terms
Michelin Market Cap Historical Data
* Premium members only.
The historical data trend for Michelin's Market Cap 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 Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Michelin's Market Cap distribution charts can be found below:
* The bar in red indicates where Michelin's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Michelin's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as
* 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 Market Cap of MXN461,392 Mil as of Jun. 26, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Michelin and its competitors. According to the industry distribution chart, Michelin ranks #25 out of 1346 companies in the Vehicles & Parts industry, placing it in the top 1.9%.
Is Michelin's Market Cap too high?
Michelin's current Market Cap is MXN461,392 Mil. Based on the distribution chart, Michelin ranks #25 out of 1346 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 Market Cap compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Michelin ranks #25 out of 1346 companies for Market Cap. This places Michelin in the top 2% of its industry — outperforming the majority of peers. The industry median Market Cap is 262.62. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Vehicles & Parts company?
The median Market Cap among Vehicles & Parts companies is 262.62, based on 1,346 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Michelin and its competitors. For the Vehicles & Parts industry, the median Market Cap is 262.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Michelin's current Market Cap is MXN461,392 Mil. 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 Market Cap of MXN461,392 Mil. The stock's GF Value™ is MXN652.58, compared to a current price of MXN733.29 — trading 12.4% above its estimated fair value. The current Market Cap is MXN461,392 Mil. 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 Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Michelin (MEX:ML), the current Market Cap is MXN461,392 Mil as of Jun. 26, 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 12.4% above its estimated GF Value™ of MXN652.58.
Key valuation signals for MEX:ML:
Market Cap: MXN461,392 Mil
GF Value™: MXN652.58 vs. price of MXN733.29 (12.4% above fair value)
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
Get the complete analysis for MEX:ML
Market Cap is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MEX:ML has been successfully added to your 
