Nokian Renkaat Oyj Logo

Nokian Renkaat Oyj

TYRES.HE

(1.5)
Stock Price

7,56 EUR

0.25% ROA

0.43% ROE

205.31x PER

Market Cap.

1.161.414.841,00 EUR

60.46% DER

6.53% Yield

0.47% NPM

Nokian Renkaat Oyj Stock Analysis

Nokian Renkaat Oyj Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Nokian Renkaat Oyj Fundamental Stock Analysis
# Analysis Rating
1 PBV

The stock's low PBV ratio (0.84x) suggests it's undervalued, making it an attractive opportunity for investors.

2 DER

The stock has a minimal amount of debt (46%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

3 Dividend

Shareholders can rely on the company's remarkable dividend history, consistently paying dividends for the past five years, demonstrating a steadfast dedication to rewarding investors.

4 ROE

Negative ROE (-0.4%) indicates poor financial performance, raising concerns about profitability and efficiency in utilizing shareholders' equity.

5 ROA

The stock's ROA (-0.27%) suggests that it's struggling to generate profits from its assets, making it a risky choice for investment.

6 Revenue Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

7 Net Profit Growth

Despite the passage of five years, this company's net profit has not shown any improvement, highlighting a lack of growth and making it a less appealing investment prospect.

8 Assets Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

9 Graham Number

The company's Graham number indicates that it is overvalued compared to its stock price, suggesting a potentially unfavorable investment opportunity.

10 Dividend Growth

Potential investors should be aware that the company's dividend growth has shown no upward trend in the past three years, indicating limited potential for increased returns.

11 Buffet Intrinsic Value

The company's stock appears overvalued (-813) by Warren Buffett's formula, suggesting a less favorable investment opportunity as its market price exceeds its estimated intrinsic value.

Nokian Renkaat Oyj Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Nokian Renkaat Oyj Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Sell
3 RSI Hold
4 Stoch RSI Sell

Nokian Renkaat Oyj Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Nokian Renkaat Oyj Revenue
Year Revenue Growth
2000 398.489.000
2001 423.442.000 5.89%
2002 479.205.000 11.64%
2003 528.682.000 9.36%
2004 603.300.000 12.37%
2005 686.500.000 12.12%
2006 835.900.000 17.87%
2007 1.025.000.000 18.45%
2008 1.080.900.000 5.17%
2009 798.500.000 -35.37%
2010 1.058.100.000 24.53%
2011 1.456.800.000 27.37%
2012 1.612.400.000 9.65%
2013 1.521.000.000 -6.01%
2014 1.389.100.000 -9.5%
2015 1.360.100.000 -2.13%
2016 1.391.200.000 2.24%
2017 1.572.500.000 11.53%
2018 1.595.600.000 1.45%
2019 1.595.800.000 0.01%
2020 1.313.800.000 -21.46%
2021 1.714.100.000 23.35%
2022 1.776.100.000 3.49%
2023 1.104.400.000 -60.82%
2023 1.173.600.000 5.9%
2024 1.298.400.000 9.61%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Nokian Renkaat Oyj Research and Development Expenses
Year Research and Development Expenses Growth
2000 0
2001 0 0%
2002 0 0%
2003 0 0%
2004 9.800.000 100%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 16.900.000 100%
2013 16.100.000 -4.97%
2014 16.600.000 3.01%
2015 18.700.000 11.23%
2016 20.300.000 7.88%
2017 21.800.000 6.88%
2018 20.800.000 -4.81%
2019 22.700.000 8.37%
2020 22.700.000 0%
2021 31.900.000 28.84%
2022 29.600.000 -7.77%
2023 0 0%
2023 24.300.000 100%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Nokian Renkaat Oyj General and Administrative Expenses
Year General and Administrative Expenses Growth
2000 8.903.000
2001 7.806.000 -14.05%
2002 9.179.000 14.96%
2003 9.527.000 3.65%
2004 -110.600.000 108.61%
2005 15.600.000 808.97%
2006 18.900.000 17.46%
2007 23.500.000 19.57%
2008 27.400.000 14.23%
2009 24.500.000 -11.84%
2010 27.600.000 11.23%
2011 29.400.000 6.12%
2012 34.700.000 15.27%
2013 36.600.000 5.19%
2014 34.500.000 -6.09%
2015 35.300.000 2.27%
2016 49.400.000 28.54%
2017 52.700.000 6.26%
2018 47.900.000 -10.02%
2019 45.400.000 -5.51%
2020 84.800.000 46.46%
2021 89.100.000 4.83%
2022 101.400.000 12.13%
2023 58.800.000 -72.45%
2023 71.100.000 17.3%
2024 74.400.000 4.44%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Nokian Renkaat Oyj EBITDA
Year EBITDA Growth
2000 46.160.000
2001 57.422.000 19.61%
2002 67.324.000 14.71%
2003 85.446.000 21.21%
2004 143.400.000 40.41%
2005 126.200.000 -13.63%
2006 175.500.000 28.09%
2007 317.300.000 44.69%
2008 431.300.000 26.43%
2009 199.200.000 -116.52%
2010 318.500.000 37.46%
2011 471.000.000 32.38%
2012 398.800.000 -18.1%
2013 305.000.000 -30.75%
2014 194.800.000 -56.57%
2015 391.700.000 50.27%
2016 408.000.000 4%
2017 405.700.000 -0.57%
2018 456.700.000 11.17%
2019 483.000.000 5.45%
2020 261.300.000 -84.85%
2021 437.300.000 40.25%
2022 43.300.000 -909.93%
2023 33.600.000 -28.87%
2023 138.200.000 75.69%
2024 150.000.000 7.87%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Nokian Renkaat Oyj Gross Profit
Year Gross Profit Growth
2000 160.465.000
2001 175.149.000 8.38%
2002 203.695.000 14.01%
2003 225.222.000 9.56%
2004 287.200.000 21.58%
2005 285.500.000 -0.6%
2006 344.600.000 17.15%
2007 455.900.000 24.41%
2008 492.800.000 7.49%
2009 320.500.000 -53.76%
2010 454.100.000 29.42%
2011 651.000.000 30.25%
2012 711.700.000 8.53%
2013 701.100.000 -1.51%
2014 619.500.000 -13.17%
2015 626.300.000 1.09%
2016 667.100.000 6.12%
2017 733.700.000 9.08%
2018 730.000.000 -0.51%
2019 683.000.000 -6.88%
2020 400.400.000 -70.58%
2021 551.800.000 27.44%
2022 286.700.000 -92.47%
2023 218.800.000 -31.03%
2023 197.600.000 -10.73%
2024 256.400.000 22.93%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Nokian Renkaat Oyj Net Profit
Year Net Profit Growth
2000 19.832.000
2001 25.191.000 21.27%
2002 33.561.000 24.94%
2003 47.598.000 29.49%
2004 73.800.000 35.5%
2005 82.200.000 10.22%
2006 107.300.000 23.39%
2007 168.900.000 36.47%
2008 139.900.000 -20.73%
2009 58.300.000 -139.97%
2010 169.700.000 65.65%
2011 308.900.000 45.06%
2012 330.900.000 6.65%
2013 183.700.000 -80.13%
2014 208.400.000 11.85%
2015 240.700.000 13.42%
2016 251.800.000 4.41%
2017 221.400.000 -13.73%
2018 295.200.000 25%
2019 399.900.000 26.18%
2020 86.000.000 -365%
2021 206.200.000 58.29%
2022 -175.500.000 217.49%
2023 16.800.000 1144.64%
2023 10.300.000 -63.11%
2024 3.200.000 -221.88%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Nokian Renkaat Oyj Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2000 0
2001 0 0%
2002 0 0%
2003 0 0%
2004 1 0%
2005 1 0%
2006 1 0%
2007 1 100%
2008 1 0%
2009 0 0%
2010 1 100%
2011 2 50%
2012 3 0%
2013 1 -100%
2014 2 0%
2015 2 0%
2016 2 0%
2017 2 0%
2018 2 50%
2019 3 0%
2020 1 0%
2021 1 100%
2022 -1 200%
2023 0 0%
2023 0 0%
2024 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Nokian Renkaat Oyj Free Cashflow
Year Free Cashflow Growth
2000 -25.723.000
2001 28.203.000 191.21%
2002 42.750.000 34.03%
2003 34.692.000 -23.23%
2004 -3.300.000 1151.27%
2005 -62.900.000 94.75%
2006 12.900.000 587.6%
2007 55.600.000 76.8%
2008 -156.900.000 135.44%
2009 97.100.000 261.59%
2010 272.900.000 64.42%
2011 73.100.000 -273.32%
2012 182.400.000 59.92%
2013 165.800.000 -10.01%
2014 241.700.000 31.4%
2015 183.400.000 -31.79%
2016 262.900.000 30.24%
2017 99.200.000 -165.02%
2018 310.400.000 68.04%
2019 -70.300.000 541.54%
2020 272.500.000 125.8%
2021 276.900.000 1.59%
2022 -129.500.000 313.82%
2023 -160.300.000 19.21%
2023 -169.800.000 5.59%
2024 -146.600.000 -15.83%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Nokian Renkaat Oyj Operating Cashflow
Year Operating Cashflow Growth
2000 26.612.000
2001 70.834.000 62.43%
2002 69.292.000 -2.23%
2003 79.041.000 12.33%
2004 55.200.000 -43.19%
2005 30.200.000 -82.78%
2006 102.100.000 70.42%
2007 169.900.000 39.91%
2008 18.400.000 -823.37%
2009 194.200.000 90.53%
2010 327.300.000 40.67%
2011 232.900.000 -40.53%
2012 388.800.000 40.1%
2013 317.600.000 -22.42%
2014 323.400.000 1.79%
2015 283.400.000 -14.11%
2016 364.400.000 22.23%
2017 234.100.000 -55.66%
2018 536.900.000 56.4%
2019 219.800.000 -144.27%
2020 422.400.000 47.96%
2021 396.500.000 -6.53%
2022 -4.300.000 9320.93%
2023 -90.900.000 95.27%
2023 82.400.000 210.32%
2024 -57.900.000 242.31%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Nokian Renkaat Oyj Capital Expenditure
Year Capital Expenditure Growth
2000 52.335.000
2001 42.631.000 -22.76%
2002 26.542.000 -60.62%
2003 44.349.000 40.15%
2004 58.500.000 24.19%
2005 93.100.000 37.16%
2006 89.200.000 -4.37%
2007 114.300.000 21.96%
2008 175.300.000 34.8%
2009 97.100.000 -80.54%
2010 54.400.000 -78.49%
2011 159.800.000 65.96%
2012 206.400.000 22.58%
2013 151.800.000 -35.97%
2014 81.700.000 -85.8%
2015 100.000.000 18.3%
2016 101.500.000 1.48%
2017 134.900.000 24.76%
2018 226.500.000 40.44%
2019 290.100.000 21.92%
2020 149.900.000 -93.53%
2021 119.600.000 -25.33%
2022 125.200.000 4.47%
2023 69.400.000 -80.4%
2023 252.200.000 72.48%
2024 88.700.000 -184.33%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Nokian Renkaat Oyj Equity
Year Equity Growth
2000 167.281.000
2001 185.031.000 9.59%
2002 211.375.000 12.46%
2003 247.199.000 14.49%
2004 268.300.000 7.86%
2005 470.700.000 43%
2006 556.600.000 15.43%
2007 712.800.000 21.91%
2008 774.600.000 7.98%
2009 757.600.000 -2.24%
2010 937.200.000 19.16%
2011 1.186.100.000 20.98%
2012 1.437.100.000 17.47%
2013 1.392.700.000 -3.19%
2014 1.208.500.000 -15.24%
2015 1.241.600.000 2.67%
2016 1.458.400.000 14.87%
2017 1.468.400.000 0.68%
2018 1.486.100.000 1.19%
2019 1.769.700.000 16.03%
2020 1.521.300.000 -16.33%
2021 1.627.600.000 6.53%
2022 1.433.100.000 -13.57%
2023 1.371.600.000 -4.48%
2023 1.347.600.000 -1.78%
2024 1.282.900.000 -5.04%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Nokian Renkaat Oyj Assets
Year Assets Growth
2000 463.986.000
2001 459.780.000 -0.91%
2002 450.909.000 -1.97%
2003 476.071.000 5.29%
2004 578.200.000 17.66%
2005 797.400.000 27.49%
2006 884.700.000 9.87%
2007 1.155.400.000 23.43%
2008 1.420.400.000 18.66%
2009 1.221.900.000 -16.25%
2010 1.371.600.000 10.91%
2011 1.875.900.000 26.88%
2012 2.019.600.000 7.12%
2013 2.062.900.000 2.1%
2014 1.797.000.000 -14.8%
2015 1.754.800.000 -2.4%
2016 1.975.700.000 11.18%
2017 1.877.400.000 -5.24%
2018 2.092.900.000 10.3%
2019 2.332.600.000 10.28%
2020 2.336.700.000 0.18%
2021 2.383.500.000 1.96%
2022 2.209.700.000 -7.87%
2023 2.281.200.000 3.13%
2023 2.342.800.000 2.63%
2024 2.333.800.000 -0.39%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Nokian Renkaat Oyj Liabilities
Year Liabilities Growth
2000 296.684.000
2001 274.749.000 -7.98%
2002 239.534.000 -14.7%
2003 228.872.000 -4.66%
2004 309.900.000 26.15%
2005 326.000.000 4.94%
2006 328.100.000 0.64%
2007 442.600.000 25.87%
2008 643.100.000 31.18%
2009 464.300.000 -38.51%
2010 434.400.000 -6.88%
2011 689.800.000 37.03%
2012 582.500.000 -18.42%
2013 670.200.000 13.09%
2014 588.500.000 -13.88%
2015 513.200.000 -14.67%
2016 517.300.000 0.79%
2017 409.000.000 -26.48%
2018 606.800.000 32.6%
2019 562.900.000 -7.8%
2020 815.400.000 30.97%
2021 755.900.000 -7.87%
2022 776.600.000 2.67%
2023 909.600.000 14.62%
2023 995.200.000 8.6%
2024 1.050.900.000 5.3%

Nokian Renkaat Oyj Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
8.68
Net Income per Share
0.04
Price to Earning Ratio
205.31x
Price To Sales Ratio
0.96x
POCF Ratio
19.03
PFCF Ratio
-4.43
Price to Book Ratio
0.91
EV to Sales
1.46
EV Over EBITDA
16.05
EV to Operating CashFlow
28.65
EV to FreeCashFlow
-6.73
Earnings Yield
0
FreeCashFlow Yield
-0.23
Market Cap
1,16 Bil.
Enterprise Value
1,76 Bil.
Graham Number
2.92
Graham NetNet
-2.89

Income Statement Metrics

Net Income per Share
0.04
Income Quality
10.42
ROE
0
Return On Assets
0
Return On Capital Employed
0.01
Net Income per EBT
0
EBT Per Ebit
0
Ebit per Revenue
0.02
Effective Tax Rate
0

Margins

Sales, General, & Administrative to Revenue
0.06
Research & Developement to Revenue
0.02
Stock Based Compensation to Revenue
-0
Gross Profit Margin
0.2
Operating Profit Margin
0.02
Pretax Profit Margin
0
Net Profit Margin
0

Dividends

Dividend Yield
0.07
Dividend Yield %
6.53
Payout Ratio
12.63
Dividend Per Share
0.55

Operating Metrics

Operating Cashflow per Share
0.44
Free CashFlow per Share
-1.89
Capex to Operating CashFlow
5.26
Capex to Revenue
0.27
Capex to Depreciation
2.72
Return on Invested Capital
0
Return on Tangible Assets
0
Days Sales Outstanding
96
Days Payables Outstanding
41.07
Days of Inventory on Hand
177.93
Receivables Turnover
3.8
Payables Turnover
8.89
Inventory Turnover
2.05
Capex per Share
2.33

Balance Sheet

Cash per Share
1,26
Book Value per Share
9,23
Tangible Book Value per Share
8.66
Shareholders Equity per Share
9.23
Interest Debt per Share
5.74
Debt to Equity
0.6
Debt to Assets
0.33
Net Debt to EBITDA
5.47
Current Ratio
2.38
Tangible Asset Value
1,20 Bil.
Net Current Asset Value
-0,02 Bil.
Invested Capital
1819500000
Working Capital
0,60 Bil.
Intangibles to Total Assets
0.03
Average Receivables
0,31 Bil.
Average Payables
0,13 Bil.
Average Inventory
483650000
Debt to Market Cap
0.67

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Nokian Renkaat Oyj Dividends
Year Dividends Growth
2000 1
2001 1 0%
2002 1 0%
2003 1 100%
2004 2 0%
2005 2 50%
2006 0 0%
2007 0 0%
2008 1 0%
2009 0 0%
2010 0 0%
2011 1 0%
2012 1 100%
2013 1 0%
2014 1 0%
2015 1 0%
2016 2 0%
2017 2 0%
2018 2 0%
2019 2 0%
2020 1 0%
2021 1 0%
2022 1 0%
2023 1 0%
2024 0 0%

Nokian Renkaat Oyj Profile

About Nokian Renkaat Oyj

Nokian Renkaat Oyj develops and manufactures tires in Finland, Nordics, Russia, the rest of Europe, Asia, the Americas, and internationally. It operates through Passenger Car Tyres, Heavy Tyres, and Vianor segments. The Passenger Car Tyres segment develops and produces summer and winter tires for cars and vans. The Heavy Tyres segment offers tires for forestry machinery; and special tires for agricultural machinery, tractors, and industrial machinery, as well as retreading materials and truck tires. The Vianor segment sells car and van tires, as well as truck tires under the Nokian brand, and other tire brands; and other automotive products and services. The company offers its products through its own Vianor service centers and service centers run by partners, the Nokian Tyres Authorized Dealer (NAD) partners, the N-Tyre retailers, and other tire and vehicle retailers, as well as online stores. As of December 31, 2021, it operated 1,047 Vianor service centers; 2,282 NAD stores; and 110 N-Tyre stores. Nokian Renkaat Oyj was founded in 1898 and is headquartered in Nokia, Finland.

CEO
Mr. Jukka Moisio M.Sc., M.Sc.
Employee
3.667
Address
Pirkkalaistie 7
Nokia, 37101

Nokian Renkaat Oyj Executives & BODs

Nokian Renkaat Oyj Executives & BODs
# Name Age
1 Ms. Paivi Leskinen M.Sc. (Soc.)
Senior Vice President of Human Resources
70
2 Ms. Anna Kristiina Hyvonen Lic.Tech.
Executive Vice President of Passenger Car, Tyres & Vianor
70
3 Mr. Jukka Moisio M.Sc., M.Sc. (Econ), MBA
President & Chief Executive Officer
70
4 Mr. Manu Salmi
Executive Vice President of Heavy Tyres & Nokia Factory
70
5 Mr. Niko Haavisto M.Sc.
Chief Financial Officer
70
6 Ms. Elisa Erkkila L.L.M.
General Counsel & Secretary
70
7 Ms. Reija Laaksonen M.Sc.
Head of Global Marketing
70
8 Mr. Peter Chia
Plant Manager & Operations Director
70
9 Mr. Mitsuhira Shimazaki
Director of Administration & Sales
70
10 Ms. Paivi Antola M.A.
Senior Vice President of Communications, Investor Relations & Brand
70

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