Nokian Tyres
7.682
EUR
-1.89 %
NOKIAN TYRES
NASDAQ Helsinki
Automobiles
Consumer Goods & Services
Nokian Tyres is a premium tire manufacturer. The company develops and manufactures tires for passenger cars, trucks and heavy machinery. The company also has the Vianor chain, which provides tire and car services. Nokian Tyres' main market areas are the Nordic countries, Central Europe and North America. The company started manufacturing passenger car tires in 1932, and its headquarters is located in Nokia, Finland.
Latest research
Analyst
Major OwnersSource: Millistream Market Data AB
Owner | Capital | Votes |
---|---|---|
Solidium Oy | 10.1 % | 10.1 % |
Varma Mutual Pension Insurance Company | 3.1 % | 3.1 % |
Premium
This content is for our Premium customers only.
Insider Transactions
Insider | Date | Total value |
---|---|---|
Susanne Hahn | 23.07.2024 | 52,201EUR |
Jouko Pölönen | 22.07.2024 | 2,773EUR |
Premium
This content is for our Premium customers only.
Forum updates
Income statement
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
Revenue | 1,313.7 | 1,714.2 | 1,776.1 | 1,173.6 | 1,307.4 | 1,524.2 | 1,714.8 | 1,852.7 |
growth-% | -17.1 % | 30.5 % | 3.6 % | -33.9 % | 11.4 % | 16.6 % | 12.5 % | 8.0 % |
EBITDA | 295.5 | 428.2 | 194.4 | 147.0 | 157.2 | 269.0 | 315.0 | 392.6 |
EBIT (adj.) | 182.9 | 324.9 | 221.2 | 65.1 | 96.3 | 144.0 | 178.5 | 222.9 |
EBIT | 119.9 | 268.2 | -116.2 | 32.1 | 37.2 | 114.0 | 158.5 | 222.9 |
Profit before taxes | 106.0 | 258.2 | -146.4 | 14.3 | 7.9 | 90.0 | 139.5 | 208.9 |
Net income | 85.9 | 206.2 | -175.5 | 12.5 | 6.1 | 71.1 | 110.2 | 165.0 |
EPS (adj.) | 1.03 | 1.84 | 1.14 | 0.33 | 0.47 | 0.69 | 0.91 | 1.20 |
growth-% | -42.6 % | 77.6 % | -37.9 % | -71.1 % | 43.4 % | 45.8 % | 32.7 % | 30.7 % |
Dividend | 1.20 | 0.55 | 0.55 | 0.55 | 0.55 | 0.55 | 0.60 | 0.66 |
Dividend ratio | 193.0 % | 36.9 % | -43.3 % | 606.1 % | 1,234.8 % | 106.7 % | 75.1 % | 55.0 % |
Login required
This content is only available for logged in users
Profitability and return on capital
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
EBITDA-% | 22.5 % | 25.0 % | 10.9 % | 12.5 % | 12.0 % | 17.6 % | 18.4 % | 21.2 % |
EBIT-% (adj.) | 13.9 % | 19.0 % | 12.5 % | 5.5 % | 7.4 % | 9.4 % | 10.4 % | 12.0 % |
EBIT-% | 9.1 % | 15.6 % | -6.5 % | 2.7 % | 2.8 % | 7.5 % | 9.2 % | 12.0 % |
ROE | 5.2 % | 13.1 % | -11.5 % | 0.9 % | 0.5 % | 5.6 % | 8.5 % | 12.2 % |
ROI | 6.1 % | 13.8 % | -6.1 % | 1.7 % | 1.9 % | 5.4 % | 7.2 % | 9.7 % |
Login required
This content is only available for logged in users
Valuation
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
Share price (EUR) | 28.82 | 33.30 | 9.72 | 8.50 | 7.68 | 7.68 | 7.68 | 7.68 |
Shares | 138.2 | 138.2 | 138.3 | 138.0 | 138.0 | 138.0 | 138.0 | 138.0 |
Market cap | 3,983.5 | 4,602.7 | 1,343.8 | 1,172.8 | 1,060.1 | 1,060.1 | 1,060.1 | 1,060.1 |
Enterprise value | 3,966.3 | 4,504.1 | 1,484.7 | 1,396.5 | 1,625.5 | 1,668.1 | 1,651.4 | 1,557.9 |
EV/S | 3.0 | 2.6 | 0.8 | 1.2 | 1.2 | 1.1 | 1.0 | 0.8 |
EV/EBITDA | 13.4 | 10.5 | 7.6 | 9.5 | 10.3 | 6.2 | 5.2 | 4.0 |
EV/EBIT (adj.) | 21.7 | 13.9 | 6.7 | 21.5 | 16.9 | 11.6 | 9.3 | 7.0 |
EV/EBIT | 33.1 | 16.8 | - | 43.4 | 43.7 | 14.6 | 10.4 | 7.0 |
P/E (adj.) | 27.9 | 18.1 | 8.5 | 25.8 | 16.2 | 11.1 | 8.4 | 6.4 |
P/E | 46.4 | 22.3 | - | 93.7 | 172.5 | 14.9 | 9.6 | 6.4 |
P/B | 2.6 | 2.8 | 0.9 | 0.9 | 0.8 | 0.8 | 0.8 | 0.8 |
P/S | 3.0 | 2.7 | 0.8 | 1.0 | 0.8 | 0.7 | 0.6 | 0.6 |
Dividend yield | 4.2 % | 1.7 % | 5.7 % | 6.5 % | 7.2 % | 7.2 % | 7.8 % | 8.6 % |
Equity ratio | 65.1 % | 68.3 % | 64.8 % | 57.9 % | 53.1 % | 50.3 % | 49.8 % | 50.4 % |
Gearing ratio | -1.1 % | -6.1 % | 9.8 % | 16.6 % | 44.2 % | 47.8 % | 45.2 % | 35.8 % |
Login required
This content is only available for logged in users
Quarter data
Q4/23 | 2023 | Q1/24 | Q2/24 | Q3/24 | Q4/24e | 2024e | Q1/25e | Q2/25e | |
---|---|---|---|---|---|---|---|---|---|
Revenue | 368.0 | 1,173.6 | 236.6 | 324.6 | 313.6 | 432.6 | 1,307.4 | ||
EBITDA | 63.4 | 147.0 | 4.2 | 37.4 | 34.9 | 80.8 | 157.2 | ||
EBIT | 33.1 | 32.1 | -26.2 | 8.4 | 4.2 | 50.8 | 37.2 | ||
Profit before taxes | 27.0 | 14.3 | -31.6 | 1.3 | -5.6 | 43.8 | 7.9 | ||
Net income | 26.2 | 12.5 | -25.4 | 0.8 | -4.2 | 35.0 | 6.1 |
Login required
This content is only available for logged in users
Nokian Tyres plc Interim Report January-September 2024: Market share gains driving sales growth in a weak market, Romanian factory progressing on schedule
The Board of Directors of Nokian Tyres plc has decided on the payment of the second dividend installment of EUR 0.20 per share for the financial year 2023
Join Inderes community
Don't miss out - create an account and get all the possible benefits