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Nokian Renkaat Oyj HLSE:TYRES Stock Report

Last Price

€8.57

Market Cap

€1.2b

7D

-2.9%

1Y

2.9%

Updated

22 May, 2024

Data

Company Financials +

TYRES Stock Overview

Develops and manufactures tires in Finland, Nordics, the rest of Europe, the Americas, and internationally.

TYRES fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance2/6
Financial Health3/6
Dividends2/6

Nokian Renkaat Oyj Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Nokian Renkaat Oyj
Historical stock prices
Current Share Price€8.57
52 Week High€9.63
52 Week Low€6.18
Beta0.88
1 Month Change-5.45%
3 Month Change-0.23%
1 Year Change2.90%
3 Year Change-73.45%
5 Year Change-66.66%
Change since IPO1,216.52%

Recent News & Updates

Nokian Renkaat Oyj (HEL:TYRES) Is Paying Out A Dividend Of €0.35

Apr 22
Nokian Renkaat Oyj (HEL:TYRES) Is Paying Out A Dividend Of €0.35

Recent updates

Nokian Renkaat Oyj (HEL:TYRES) Is Paying Out A Dividend Of €0.35

Apr 22
Nokian Renkaat Oyj (HEL:TYRES) Is Paying Out A Dividend Of €0.35

Nokian Renkaat Oyj (HEL:TYRES) Will Pay A Dividend Of €0.35

Mar 29
Nokian Renkaat Oyj (HEL:TYRES) Will Pay A Dividend Of €0.35

Nokian Renkaat Oyj's (HEL:TYRES) Dividend Will Be €0.35

Mar 15
Nokian Renkaat Oyj's (HEL:TYRES) Dividend Will Be €0.35

Is There An Opportunity With Nokian Renkaat Oyj's (HEL:TYRES) 40% Undervaluation?

Feb 15
Is There An Opportunity With Nokian Renkaat Oyj's (HEL:TYRES) 40% Undervaluation?

Is Nokian Renkaat Oyj (HEL:TYRES) Using Too Much Debt?

Dec 09
Is Nokian Renkaat Oyj (HEL:TYRES) Using Too Much Debt?

When Should You Buy Nokian Renkaat Oyj (HEL:TYRES)?

Oct 26
When Should You Buy Nokian Renkaat Oyj (HEL:TYRES)?

Be Wary Of Nokian Renkaat Oyj (HEL:TYRES) And Its Returns On Capital

Sep 28
Be Wary Of Nokian Renkaat Oyj (HEL:TYRES) And Its Returns On Capital

These 4 Measures Indicate That Nokian Renkaat Oyj (HEL:TYRES) Is Using Debt Reasonably Well

Aug 12
These 4 Measures Indicate That Nokian Renkaat Oyj (HEL:TYRES) Is Using Debt Reasonably Well

Is Now An Opportune Moment To Examine Nokian Renkaat Oyj (HEL:TYRES)?

May 23
Is Now An Opportune Moment To Examine Nokian Renkaat Oyj (HEL:TYRES)?

Here's Why Nokian Renkaat Oyj (HEL:TYRES) Can Manage Its Debt Responsibly

Apr 27
Here's Why Nokian Renkaat Oyj (HEL:TYRES) Can Manage Its Debt Responsibly

Nokian Renkaat Oyj (HEL:TYRES) Has Announced That Its Dividend Will Be Reduced To €0.35

Apr 05
Nokian Renkaat Oyj (HEL:TYRES) Has Announced That Its Dividend Will Be Reduced To €0.35

Estimating The Fair Value Of Nokian Renkaat Oyj (HEL:TYRES)

Mar 30
Estimating The Fair Value Of Nokian Renkaat Oyj (HEL:TYRES)

Nokian Renkaat Oyj (HEL:TYRES) Is Reducing Its Dividend To €0.35

Feb 11
Nokian Renkaat Oyj (HEL:TYRES) Is Reducing Its Dividend To €0.35

What Is Nokian Renkaat Oyj's (HEL:TYRES) Share Price Doing?

Feb 03
What Is Nokian Renkaat Oyj's (HEL:TYRES) Share Price Doing?

These 4 Measures Indicate That Nokian Renkaat Oyj (HEL:TYRES) Is Using Debt Reasonably Well

Dec 09
These 4 Measures Indicate That Nokian Renkaat Oyj (HEL:TYRES) Is Using Debt Reasonably Well

Nokian Renkaat Oyj (HEL:TYRES) Hasn't Managed To Accelerate Its Returns

Jul 20
Nokian Renkaat Oyj (HEL:TYRES) Hasn't Managed To Accelerate Its Returns

Should You Investigate Nokian Renkaat Oyj (HEL:TYRES) At €11.25?

Jun 29
Should You Investigate Nokian Renkaat Oyj (HEL:TYRES) At €11.25?

Calculating The Fair Value Of Nokian Renkaat Oyj (HEL:TYRES)

Feb 20
Calculating The Fair Value Of Nokian Renkaat Oyj (HEL:TYRES)

Is Nokian Renkaat Oyj (HEL:TYRES) A Risky Investment?

Feb 03
Is Nokian Renkaat Oyj (HEL:TYRES) A Risky Investment?

Investors Met With Slowing Returns on Capital At Nokian Renkaat Oyj (HEL:TYRES)

Jan 04
Investors Met With Slowing Returns on Capital At Nokian Renkaat Oyj (HEL:TYRES)

Shareholder Returns

TYRESFI Auto ComponentsFI Market
7D-2.9%-2.7%0.8%
1Y2.9%3.4%-6.3%

Return vs Industry: TYRES matched the Finnish Auto Components industry which returned 2.6% over the past year.

Return vs Market: TYRES exceeded the Finnish Market which returned -7.8% over the past year.

Price Volatility

Is TYRES's price volatile compared to industry and market?
TYRES volatility
TYRES Average Weekly Movement4.1%
Auto Components Industry Average Movement4.4%
Market Average Movement4.5%
10% most volatile stocks in FI Market7.8%
10% least volatile stocks in FI Market2.9%

Stable Share Price: TYRES has not had significant price volatility in the past 3 months.

Volatility Over Time: TYRES's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18984,025Jukka Moisiowww.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

How do Nokian Renkaat Oyj's earnings and revenue compare to its market cap?
TYRES fundamental statistics
Market cap€1.18b
Earnings (TTM)€5.80m
Revenue (TTM)€1.17b

203.8x

P/E Ratio

1.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TYRES income statement (TTM)
Revenue€1.17b
Cost of Revenue€941.30m
Gross Profit€232.50m
Other Expenses€226.70m
Earnings€5.80m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Jul 19, 2024

Earnings per share (EPS)0.042
Gross Margin19.81%
Net Profit Margin0.49%
Debt/Equity Ratio41.0%

How did TYRES perform over the long term?

See historical performance and comparison

Dividends

6.4%

Current Dividend Yield

1,308%

Payout Ratio
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