Nokian Renkaat Oyj

OTCPK:NKRK.F Stock Report

Market Cap: US$1.1b

Nokian Renkaat Oyj Valuation

Is NKRK.F undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of NKRK.F when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: NKRK.F ($8) is trading below our estimate of fair value ($16.04)

Significantly Below Fair Value: NKRK.F is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for NKRK.F?

Key metric: As NKRK.F is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for NKRK.F. This is calculated by dividing NKRK.F's market cap by their current revenue.
What is NKRK.F's PS Ratio?
PS Ratio0.8x
Sales€1.24b
Market Cap€1.03b

Price to Sales Ratio vs Peers

How does NKRK.F's PS Ratio compare to its peers?

The above table shows the PS ratio for NKRK.F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average0.4x
GT Goodyear Tire & Rubber
0.1x0.4%US$2.6b
FOXF Fox Factory Holding
0.9x4.7%US$1.3b
SMP Standard Motor Products
0.5x2.2%US$712.0m
ADNT Adient
0.1x0.7%US$1.5b
NKRK.F Nokian Renkaat Oyj
0.8x12.2%US$1.0b

Price-To-Sales vs Peers: NKRK.F is expensive based on its Price-To-Sales Ratio (0.8x) compared to the peer average (0.4x).

Price to Sales Ratio vs Industry

How does NKRK.F's PS Ratio compare vs other companies in the US Auto Components Industry?

14 CompaniesPrice / SalesEstimated GrowthMarket Cap
LEA Lear
0.2x1.8%US$5.15b
GT Goodyear Tire & Rubber
0.1x0.4%US$2.63b
VTSC.Y Vitesco Technologies Group
0.2x-0.8%US$2.00b
DAN Dana
0.2x0.09%US$1.76b
NKRK.F 0.8xIndustry Avg. 0.7xNo. of Companies14PS012345+
14 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: NKRK.F is expensive based on its Price-To-Sales Ratio (0.8x) compared to the US Auto Components industry average (0.7x).

Price to Sales Ratio vs Fair Ratio

What is NKRK.F's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

NKRK.F PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.8x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate NKRK.F's Price-To-Sales Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst NKRK.F forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentn/a
US$8.23
0%
14.7%US$10.57US$6.34n/a10
Dec ’25US$8.00
US$8.23
+2.9%
14.7%US$10.57US$6.34n/a10
Nov ’25n/a
US$8.54
0%
13.1%US$10.81US$7.14n/a10
Oct ’25n/a
US$8.82
0%
13.2%US$11.17US$7.37n/a10
Sep ’25n/a
US$8.60
0%
12.7%US$10.96US$7.23n/a10
Aug ’25n/a
US$8.60
0%
11.6%US$10.83US$7.47n/a10
Jul ’25n/a
US$8.67
0%
12.7%US$10.74US$7.09n/a11
Jun ’25n/a
US$8.71
0%
13.5%US$10.67US$7.05n/a11
May ’25n/a
US$8.71
0%
13.5%US$10.67US$7.05n/a11
Apr ’25n/a
US$8.88
0%
12.9%US$10.92US$7.21n/a11
Mar ’25n/a
US$8.65
0%
14.5%US$10.77US$6.68n/a11
Feb ’25US$8.87
US$8.59
-3.2%
14.1%US$10.80US$6.70n/a11
Jan ’25US$9.20
US$8.76
-4.8%
14.9%US$10.97US$6.80n/a12
Dec ’24n/a
US$8.76
0%
14.9%US$10.97US$6.80US$8.0012
Nov ’24US$7.02
US$8.98
+28.0%
15.4%US$11.62US$7.19n/a12
Oct ’24n/a
US$9.85
0%
13.7%US$11.95US$7.82n/a11
Sep ’24n/a
US$9.85
0%
13.7%US$11.95US$7.82n/a11
Aug ’24US$9.26
US$10.05
+8.5%
13.4%US$12.17US$8.19n/a11
Jul ’24n/a
US$10.38
0%
12.4%US$12.11US$8.15n/a11
Jun ’24n/a
US$10.38
0%
12.4%US$12.11US$8.15n/a11
May ’24n/a
US$10.20
0%
13.2%US$12.14US$8.17n/a11
Apr ’24n/a
US$9.88
0%
11.8%US$11.95US$7.82n/a12
Mar ’24US$9.00
US$10.16
+12.9%
13.0%US$12.19US$8.48n/a11
Feb ’24US$11.90
US$10.95
-7.9%
14.1%US$13.04US$8.69US$8.8711
Jan ’24n/a
US$10.62
0%
13.9%US$12.75US$8.50US$9.2011
Dec ’23n/a
US$10.37
0%
13.5%US$12.40US$8.27n/a11

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 09:35
End of Day Share Price 2024/11/27 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

AnalystInstitution
Hans-Peter WodniokAlphaValue
Mikhail PakAton LLC
Kristina ChurchBarclays