Nokian Renkaat Oyj

Nokian Renkaat Oyj

13.40
EUR
-0.23
(-1.69%)
0.10EPS
115.48P/E
1.65BMarket Cap
Oct 27Next Earn

Total Valuation

EUR

As of June 30, 2026, Nokian Renkaat Oyj carries a market capitalization of 1.65B, placing it among publicly traded companies globally. Its enterprise value stands at 2.47B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap1.65B
Enterprise Value2.47B

Important Dates

Nokian Renkaat Oyj's next confirmed earnings release is scheduled for October 27, 2026.

Earnings Date10/27/2026

Share Statistics

As of June 30, 2026, Nokian Renkaat Oyj has 137.93M shares outstanding.

Shares Outstanding137.93M

Valuation Ratios

As of June 30, 2026, Nokian Renkaat Oyj trades at a trailing price-to-earnings ratio of 115.48. The price-to-sales ratio is 1.16, and the price-to-book ratio stands at 1.46.

PE Ratio115.48
PS Ratio1.16
PB Ratio1.46
P/TBV Ratio1.58
P/FCF Ratio9.42
P/OCF Ratio6.00

Enterprise Valuation

As of June 30, 2026, Nokian Renkaat Oyj trades at an EV/EBITDA multiple of 11.68 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 1.74 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 36.88 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. Nokian Renkaat Oyj trades at an EV/FCF ratio of 13.06, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 2.47B versus a market cap of 1.65B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales1.74
EV / EBITDA11.68
EV / EBIT36.88
EV / FCF13.06

Financial Position

As of June 30, 2026, Nokian Renkaat Oyj maintains a current ratio of 1.82, meaning it holds 1.8x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 79.59, indicating elevated leverage, while an interest coverage ratio of 11.12 demonstrates strong ability to service its debt obligations.

Current Ratio1.82
Quick Ratio0.16
Debt / Equity79.59
Debt / EBITDA4.28
Interest Coverage11.12

Financial Efficiency

EUR

Over the twelve months ended June 30, 2026, Nokian Renkaat Oyj posted a return on equity (ROE) of 1.22, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 2.33 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 0.60, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 1.35, useful for judging operating efficiency across full business cycles. The company generates approximately 364,748.20 in revenue per employee across its workforce of 3,892.00, a quick read on workforce productivity versus industry peers. Inventory turnover of 2.33 indicates how many times Nokian Renkaat Oyj sells and replaces its inventory over a year, a key working capital efficiency ratio.

Return on Equity (ROE)1.22
Return on Assets (ROA)0.60
Return on Invested Capital (ROIC)2.33
Return on Capital Employed (ROCE)1.35
Revenue Per Employee364,748.20
Employee Count3,892.00
Inventory Turnover2.33

Taxes

EUR

Over the twelve months ended June 30, 2026, Nokian Renkaat Oyj recorded 5.60M in income tax expense. That works out to an effective tax rate of 28.00, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 20.00M, leaving 14.30M in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax5.60M
Effective Tax Rate28.00

Stock Price Statistics

EUR

As of the close on October 22, 2026, Nokian Renkaat Oyj's stock has gained approximately 64.92% over the past 52 weeks. The 50-day moving average sits at 15.42, while the 200-day moving average is 12.37.

52-Week Price Change64.92%
50-Day Moving Average15.42
200-Day Moving Average12.37

Income Statement

EUR

Over the twelve months ended June 30, 2026, Nokian Renkaat Oyj generated 1.42B in revenue and converted that into 14.30M in net income, yielding earnings per share of 0.10. EBITDA reached 211.20M, while operating income came in at 66.90M.

Revenue1.42B
Gross Profit335.70M
Operating Income66.90M
Pretax Income20.00M
Net Income14.30M
EBITDA211.20M
EBIT66.90M
Earnings Per Share (EPS)0.10

Balance Sheet

EUR

As of June 30, 2026, Nokian Renkaat Oyj holds 87.80M in cash and equivalents against 902.90M in total debt, resulting in a net debt position of 707.70M. Total book value stands at 1.13B, with working capital of 438.50M providing operational flexibility.

Cash & Cash Equivalents87.80M
Total Debt902.90M
Net Debt707.70M
Equity (Book Value)1.13B
Book Value Per Share8.23
Working Capital438.50M

Cash Flow

EUR

Nokian Renkaat Oyj produced 275.00M in operating cash flow over the twelve months ended June 30, 2026. After subtracting -99.70M in capital expenditures, free cash flow totaled 175.30M - equivalent to 1.27 per share.

Operating Cash Flow275.00M
Capital Expenditures-99.70M
Free Cash Flow175.30M
FCF Per Share1.27

Margins

Over the twelve months ended June 30, 2026, Nokian Renkaat Oyj posted a gross margin of 23.65, reflecting its pricing power and cost economics. The operating margin of 4.71 and net profit margin of 1.01 provide insight into operational efficiency.

Gross Margin23.65
Operating Margin4.71
Pretax Margin1.41
Profit Margin1.01
EBITDA Margin14.88

Dividends & Yields

EUR

Over the twelve months ended June 30, 2026, Nokian Renkaat Oyj paid dividends of 0.25 per share. The dividend payout ratio of 239.58 exceeds 100%, meaning the company is distributing more than it earns and funding the dividend from cash reserves, asset sales, or borrowing, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 10.62, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 10.17, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to Nokian Renkaat Oyj shareholders.

Dividend Per Share0.25
Payout Ratio239.58
Shareholder Yield10.17
FCF Yield10.62

Stock Splits

Nokian Renkaat Oyj's most recent stock split took place on April 18, 2005 with a 1:10 split ratio.

Last Split Date4/18/2005
Split Ratio1:10

Scores

As of June 30, 2026, Nokian Renkaat Oyj has an Altman Z-Score of 2.20, near the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score2.20