TYRES Stock Overview
Develops and manufactures tires in Finland, Nordics, the rest of Europe, the Americas, and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 4/6 |
| Past Performance | 0/6 |
| Financial Health | 2/6 |
| Dividends | 2/6 |
My Notes
Capture your thoughts, links and company narrative
Nokian Renkaat Oyj Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | €7.31 |
| 52 Week High | €9.63 |
| 52 Week Low | €7.07 |
| Beta | 0.89 |
| 1 Month Change | -2.90% |
| 3 Month Change | -15.56% |
| 1 Year Change | -10.16% |
| 3 Year Change | -77.92% |
| 5 Year Change | -71.61% |
| Change since IPO | 1,021.83% |
Recent News & Updates
Recent updates
These 4 Measures Indicate That Nokian Renkaat Oyj (HEL:TYRES) Is Using Debt Extensively
Oct 27
Nokian Renkaat Oyj (HEL:TYRES) Could Be Struggling To Allocate Capital
Sep 30Nokian Renkaat Oyj (HEL:TYRES) Strong Profits May Be Masking Some Underlying Issues
Jul 27Is Nokian Renkaat Oyj (HEL:TYRES) Trading At A 44% Discount?
Jun 15Capital Allocation Trends At Nokian Renkaat Oyj (HEL:TYRES) Aren't Ideal
May 24Nokian Renkaat Oyj (HEL:TYRES) Is Paying Out A Dividend Of €0.35
Apr 22Nokian Renkaat Oyj (HEL:TYRES) Will Pay A Dividend Of €0.35
Mar 29Nokian Renkaat Oyj's (HEL:TYRES) Dividend Will Be €0.35
Mar 15Is There An Opportunity With Nokian Renkaat Oyj's (HEL:TYRES) 40% Undervaluation?
Feb 15Is Nokian Renkaat Oyj (HEL:TYRES) Using Too Much Debt?
Dec 09When Should You Buy Nokian Renkaat Oyj (HEL:TYRES)?
Oct 26Be Wary Of Nokian Renkaat Oyj (HEL:TYRES) And Its Returns On Capital
Sep 28These 4 Measures Indicate That Nokian Renkaat Oyj (HEL:TYRES) Is Using Debt Reasonably Well
Aug 12Is Now An Opportune Moment To Examine Nokian Renkaat Oyj (HEL:TYRES)?
May 23Here's Why Nokian Renkaat Oyj (HEL:TYRES) Can Manage Its Debt Responsibly
Apr 27Nokian Renkaat Oyj (HEL:TYRES) Has Announced That Its Dividend Will Be Reduced To €0.35
Apr 05Estimating The Fair Value Of Nokian Renkaat Oyj (HEL:TYRES)
Mar 30Nokian Renkaat Oyj (HEL:TYRES) Is Reducing Its Dividend To €0.35
Feb 11What Is Nokian Renkaat Oyj's (HEL:TYRES) Share Price Doing?
Feb 03These 4 Measures Indicate That Nokian Renkaat Oyj (HEL:TYRES) Is Using Debt Reasonably Well
Dec 09Shareholder Returns
| TYRES | FI Auto Components | FI Market | |
|---|---|---|---|
| 7D | -3.9% | -1.5% | -2.4% |
| 1Y | -10.2% | -12.1% | -6.8% |
Return vs Industry: TYRES exceeded the Finnish Auto Components industry which returned -11.4% over the past year.
Return vs Market: TYRES underperformed the Finnish Market which returned -6.4% over the past year.
Price Volatility
| TYRES volatility | |
|---|---|
| TYRES Average Weekly Movement | 3.2% |
| Auto Components Industry Average Movement | 4.8% |
| Market Average Movement | 4.3% |
| 10% most volatile stocks in FI Market | 7.5% |
| 10% least volatile stocks in FI Market | 2.8% |
Stable Share Price: TYRES has not had significant price volatility in the past 3 months compared to the Finnish market.
Volatility Over Time: TYRES's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1898 | 4,007 | Jukka Moisio | www.nokiantyres.com |
Nokian Renkaat Oyj develops and manufactures tires in Finland, Nordics, the rest of Europe, the Americas, and internationally. It operates through Passenger Car Tyres, Heavy Tyres, and Vianor segments. The Passenger Car Tyres segment develops and produces summer, winter, and all-season tires for cars and vans.
Nokian Renkaat Oyj Fundamentals Summary
| TYRES fundamental statistics | |
|---|---|
| Market cap | €1.01b |
| Earnings (TTM) | -€2.60m |
| Revenue (TTM) | €1.24b |
0.8x
P/S Ratio-387.4x
P/E RatioIs TYRES overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| TYRES income statement (TTM) | |
|---|---|
| Revenue | €1.24b |
| Cost of Revenue | €1.01b |
| Gross Profit | €237.70m |
| Other Expenses | €240.30m |
| Earnings | -€2.60m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
Feb 04, 2025
| Earnings per share (EPS) | -0.019 |
| Gross Margin | 19.13% |
| Net Profit Margin | -0.21% |
| Debt/Equity Ratio | 69.9% |
How did TYRES perform over the long term?
See historical performance and comparisonDividends
7.5%
Current Dividend Yield-2,917%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 01:41 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Nokian Renkaat Oyj is covered by 39 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Hans-Peter Wodniok | AlphaValue |
| Mikhail Pak | Aton LLC |
| Kristina Church | Barclays |