Nokian Renkaat Oyj/€TYRES
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09:10
12:45
16:25
20:00
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About Nokian Renkaat Oyj
Nokian Renkaat Oyj is a Finnish company specializing in the design, development, and production of tires. Operating within the automotive industry, the company focuses on passenger car tires, heavy-duty truck tires, and machinery tires. Established in 1898, Nokian has a historical significance as one of the oldest tire manufacturers. The company is headquartered in Nokia, Finland, and has production facilities in Finland, the United States, and Russia, serving markets internationally. Its unique strategic positioning includes a strong emphasis on winter tire technology, which is a competitive strength given the challenging conditions in its primary markets.
Ticker
€TYRES
Sector
Primary listing
XHEL
Industry
Automobile Components
Headquarters
Nokia, Finland
Employees
4,463
ISIN
FI0009005318
Website
TYRES Metrics
BasicAdvanced
€869M
-
-€0.26
1.10
€0.45
7.13%
Price and volume
Market cap
€869M
Beta
1.1
52-week high
€8.41
52-week low
€5.71
Average daily volume
438K
Dividend rate
€0.45
Financial strength
Current ratio
2.094
Quick ratio
0.987
Long term debt to equity
60.869
Total debt to equity
72.864
Interest coverage (TTM)
-0.21%
Profitability
EBITDA (TTM)
73
Gross margin (TTM)
17.27%
Net profit margin (TTM)
-2.65%
Operating margin (TTM)
-0.64%
Effective tax rate (TTM)
25.48%
Revenue per employee (TTM)
€300,000
Management effectiveness
Return on assets (TTM)
-0.22%
Return on equity (TTM)
-2.76%
Valuation
Price to revenue (TTM)
0.658
Price to book
0.71
Price to tangible book (TTM)
0.76
Price to free cash flow (TTM)
-3.004
Free cash flow yield (TTM)
-33.29%
Free cash flow per share (TTM)
-209.98%
Dividend yield (TTM)
7.13%
Growth
Revenue change (TTM)
12.69%
Earnings per share change (TTM)
-635.06%
3-year revenue growth (CAGR)
-7.94%
10-year revenue growth (CAGR)
-0.27%
3-year earnings per share growth (CAGR)
-45.09%
10-year earnings per share growth (CAGR)
-19.55%
3-year dividend per share growth (CAGR)
-23.11%
10-year dividend per share growth (CAGR)
-16.12%
Bulls say / Bears say
Nokian Renkaat Oyj's net sales increased by 9.9% in 2024, reaching €1.29 billion, indicating strong revenue growth. (marketscreener.com)
The company's Romanian factory is progressing on schedule and within budget, with the European Commission approving a €99.5 million state aid measure to support its establishment. (marketscreener.com)
Analysts forecast that Nokian Renkaat Oyj will turn profitable in 2025, with statutory earnings of €0.22 per share, reflecting a positive outlook for the company's financial performance. (simplywall.st)
JPMorgan downgraded Nokian Renkaat Oyj's stock to 'Underweight' and lowered its price target to €6.00, citing concerns over ambitious tyre production targets and increased leverage. (investing.com)
The company reported a larger-than-expected operating loss of €18.5 million in Q1 2025, attributed to global market uncertainty caused by U.S. tariff policies. (reuters.com)
Nokian Renkaat Oyj's net loss for the first quarter of 2025 was €37.8 million, a significant increase from the €25.5 million loss reported in the same period the previous year. (marketscreener.com)
Data summarised monthly by Lightyear AI. Last updated on 1 Jul 2025.
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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FAQs
What’s the current market cap for Nokian Renkaat Oyj stock?
Nokian Renkaat Oyj (TYRES) has a market cap of €869M as of July 15, 2025.
What is the P/E ratio for Nokian Renkaat Oyj stock?
The price to earnings (P/E) ratio for Nokian Renkaat Oyj (TYRES) stock is 0 as of July 15, 2025.
Does Nokian Renkaat Oyj stock pay dividends?
Yes, the Nokian Renkaat Oyj (TYRES) stock pays dividends to shareholders. As of July 15, 2025, the dividend rate is €0.45 and the yield is 7.13%. Nokian Renkaat Oyj has a payout ratio of 0% on a trailing twelve-month basis.
When is the next Nokian Renkaat Oyj dividend payment date?
The next Nokian Renkaat Oyj (TYRES) dividend payment date is unconfirmed.
What is the beta indicator for Nokian Renkaat Oyj?
Nokian Renkaat Oyj (TYRES) has a beta rating of 1.1. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.