Michelin (MEX:ML) Other Gross PPE: MXN265,253 Mil (As of Jun. 2026)

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MEX:ML Michelin MEX:ML
85 GF Score
Price MXN733.29
GF Value MXN670.51
! 7 Warning Signs
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What is Michelin Other Gross PPE?

Michelin MEX:ML 85 Other Gross PPE is MXN265,253 Mil as of Jun. 2026. GuruFocus rates MEX:ML with a GF Score™ of 85/100 and a GF Value™ of MXN670.51. The stock has 7 warning signs investors should review.

Michelin's Other Gross PPE for the quarter that ended in Jun. 2026 was MXN265,253 Mil.

Michelin's quarterly Other Gross PPE declined from Jun. 2025 (MXN283,372 Mil) to Dec. 2025 (MXN51,297 Mil) but then increased from Dec. 2025 (MXN51,297 Mil) to Jun. 2026 (MXN265,253 Mil).

Michelin's annual Other Gross PPE increased from Dec. 2023 (MXN43,389 Mil) to Dec. 2024 (MXN54,771 Mil) but then declined from Dec. 2024 (MXN54,771 Mil) to Dec. 2025 (MXN51,297 Mil).

Michelin Other Gross PPE Historical Data

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The historical data trend for Michelin's Other Gross PPE 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.

Michelin Other Gross PPE Chart

Michelin Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Other Gross PPE
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45,524.85 46,695.40 43,388.92 54,770.78 51,297.27

Michelin Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Other Gross PPE Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 262,141.15 54,770.78 283,371.86 51,297.27 265,252.94
MEX:ML
85GF Score
Michelin MEX:ML
Other Gross PPE is just one metric. See GF Score™, valuation, warning signs, and more.
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Michelin Other Gross PPE Calculation

GuruFocus lists Land And Improvements, Buildings And Improvements, Machinery, Furniture, Equipment, Construction In Progress and Other Gross PPE under the "Gross Property, Plant and Equipment" section.

Frequently Asked Questions Learn more about Other Gross PPE →
What does a Other Gross PPE of MXN265,253 Mil mean?
Michelin (MEX:ML) has a Other Gross PPE of MXN265,253 Mil as of Jun. 2026. Other Gross PPE is property, plant and equipment recorded on a company's balance sheet that not otherwise classified. View historical data on Michelin and its competitors.
Is Michelin's Other Gross PPE too high?
Michelin's current Other Gross PPE is MXN265,253 Mil. Overall, Michelin has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does Michelin's Other Gross PPE compare to ORLY and AZO?
Michelin's Other Gross PPE of MXN265,253 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Other Gross PPE for a Vehicles & Parts company?
A good Other Gross PPE depends on the Vehicles & Parts industry context. However, Other Gross PPE 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 Other Gross PPE mean?
A high Other Gross PPE can signal that a stock is expensive relative to its fundamentals. Other Gross PPE is property, plant and equipment recorded on a company's balance sheet that not otherwise classified. View historical data on Michelin and its competitors. Michelin's current Other Gross PPE is MXN265,253 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 Other Gross PPE of MXN265,253 Mil. The stock's GF Value™ is MXN670.51, compared to a current price of MXN733.29 — trading 9.4% above its estimated fair value. The current Other Gross PPE is MXN265,253 Mil. Michelin's overall GF Score™ is 85/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Other Gross PPE calculated?
Other Gross PPE is calculated from a company's financial statements. For Michelin (MEX:ML), the current Other Gross PPE is MXN265,253 Mil as of Jun. 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 9.4% above its estimated GF Value™ of MXN670.51.

Key valuation signals for MEX:ML:

  • Other Gross PPE: MXN265,253 Mil
  • GF Value™: MXN670.51 vs. price of MXN733.29 (9.4% above fair value)
  • GF Score™: 85/100 with 7 warning signs

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 Business Description

Address 23, Place des Carmes, Dechaux, Puy-de-Dome, Clermont-Ferrand, FRA, 63000
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.
85GF Score

Get the complete analysis for MEX:ML

Other Gross PPE is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN733.29
Price
MXN670.51
GF Value