Continental AG CON

Stock XETR Rating as of Oct 1, 2026

€68.10 +0.70 (1.04%)

As of Oct 2, 2026, 3:36:34 PM Delayed Price Closed

Company Report

Portfolio Transformation Almost Complete; Continental Close to Being a Pure-Play Tire Company

Rella Suskin Aug 4, 2026

Continental is optimizing its portfolio to unlock maximum value for its shareholders. This began with the spinoff of the group’s powertrain unit, Vitesco Technologies, in 2021. In 2025, Aumovio—the group’s automotive-parts division—was separately listed. The sale of the majority of ContiTech’s highly cyclical and margin-dilutive automotive-facing business was completed in February 2026, immediately improving the profitability of the remaining ContiTech business, which is also intended to be sold to a strategic buyer around the middle of 2026. Following this transformation, Continental will be a pure-play branded tire company.

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Price vs Fair Value

View History

CON is trading at a LOCK|b^@@> premium.

Price

€67.40

Oct 1, 2026

Fair Value

Aug 4, 2026

Uncertainty

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1-Star Price: &zV
5-Star Price: CK?
Economic Moat: LOCK|>d#
Capital Allocation: LOCK|C>vv?$Q

Bulls Say, Bears Say

Bulls

The spinoff of Aumovio and planned sale of ContiTech should unlock material value for current Continental shareholders, as reflected in our attractive sum-of-the-parts valuation.

Bears

In a mature industry, with increasing costs and expected volume growth in tonnage alone, rather than the number of units sold, it will become increasingly challenging to keep cost growth below top-line growth.

Trading Information

Previous Close Price: €67.40
Day Range: €67.22–68.72
52-Week Range: €53.10–77.50
Bid/Ask: €0.00 / €0.00
Shares Outstanding: 200.01M
Market Cap: €13.62B
Volume/Avg: 345,864 / 417,657

Key Statistics

Price/Earnings (Normalized): 20.53
Price/Sales: 0.81
Dividend Yield (Trailing): 3.96%
Dividend Yield (Forward): 3.96%
Dividend Payment Schedule: May
Total Yield: 4.01%

Company Profile

Following the spinoff of its automotive middleware business in 2025 and the planned sale of ContiTech, the rubber solutions business, in 2026, Continental will be a pure-play tire manufacturer. According to our research, Continental Tires is the fourth-largest branded tire manufacturer internationally with 7% market share globally, behind Michelin, Bridgestone, and Goodyear with global market shares of around 14%, 14%, and 9%, respectively. Geographically, its operations remain Europe-heavy, where it derives around 50% of revenue, followed by North America and Asia-Pacific and "other," contributing about 30% and 16%, respectively. Twenty-four percent of tires are sold into the new-vehicle market with automotive original equipment as customers, and 76% are sold as replacement tires.

Sector: Consumer Cyclical
Industry: Auto Parts
Stock Style Box: Mid Value
Total Number of Employees: 76,094
Website: https://www.continental.com

Valuation

Metric	CON
Price/Earnings (Normalized)	20.53
Price/Book Value	3.21
Price/Sales	0.81
Price/Cash Flow	7.29

Price/Earnings

CON

Financial Strength

Metric	CON
Quick Ratio	0.47
Current Ratio	1.38
Interest Coverage	0.83

Quick Ratio

CON

Profitability

Metric	CON
Return on Assets (Normalized)	3.32%
Return on Equity (Normalized)	16.78%
Return on Invested Capital (Normalized)	8.03%

Return on Assets

CON

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