Nokian Renkaat Oyj/€TYRES
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
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
- Mobility
- Primary listing
- XHEL
- Employees
- 4,277
- Headquarters
- Nokia, Finland
- Website
- www.nokiantyres.com
TYRES Metrics
BasicAdvanced
€1.8B
49.94
€0.27
1.29
€0.25
1.88%
Price and volume
Market cap
€1.8B
Beta
1.29
52-week high
€16.62
52-week low
€8.05
Average daily volume
326K
Dividend rate
€0.25
Financial strength
Current ratio
1.7
Quick ratio
1.026
Long term debt to equity
0.598
Total debt to equity
0.859
Dividend payout ratio (TTM)
93.75%
Interest coverage (TTM)
2.37%
Profitability
EBITDA (TTM)
185.8
Gross margin (TTM)
24.69%
Net profit margin (TTM)
2.56%
Operating margin (TTM)
6.22%
Effective tax rate (TTM)
17.86%
Revenue per employee (TTM)
€340,000
Management effectiveness
Return on assets (TTM)
2.18%
Return on equity (TTM)
3.18%
Valuation
Price to earnings (TTM)
49.936
Price to revenue (TTM)
1.281
Price to book
1.57
Price to tangible book (TTM)
1.7
Price to free cash flow (TTM)
14.713
Free cash flow yield (TTM)
6.80%
Free cash flow per share (TTM)
0.906
Dividend yield (TTM)
1.88%
Forward dividend yield
1.88%
Growth
Revenue change (TTM)
4.57%
Earnings per share change (TTM)
-240.44%
3-year revenue growth (CAGR)
7.12%
10-year revenue growth (CAGR)
0.59%
3-year earnings per share growth (CAGR)
-53.54%
10-year earnings per share growth (CAGR)
-12.94%
3-year dividend per share growth (CAGR)
-23.11%
10-year dividend per share growth (CAGR)
-16.40%
What the Analysts think about TYRES
Analyst ratings (Buy, Hold, Sell) for Nokian Renkaat Oyj stock.
Analyst projections of the future price of Nokian Renkaat Oyj stock.
Bulls say / Bears say
Third-quarter segment operating profit rose 45.3% to €47.0 million, while earnings per share increased to €0.17 from €0.04. The improvement suggests the turnaround is gaining traction, not just relying on sales growth. (Nokian Tyres)
Management now expects full-year sales to grow and segment operating margin to land at the top end of its 9–10% range, a firmer outlook than its previous 8–10% guidance. This reflects confidence that pricing and efficiency gains can continue to support earnings. (Nokian Tyres)
New winter tyres Hakkapeliitta 01 and Snowproof 3P are now available in their target markets and achieved strong results in leading magazine tests. Together with sales growth that outpaced markets in Central and Southern Europe and North America, this supports the case for premium pricing and further market-share gains. (Nokian Tyres)
The company expects replacement-tyre demand in Europe and North America to remain stable to slightly negative through year-end, limiting the scope for volume-led growth. Flat or falling demand could also make it harder to keep the Romanian plant ramp-up efficient. (Investing.com)
Operating cash flow remained negative at €132.6 million for the first nine months of 2026, despite improving by €53.3 million year on year. Continued weak cash conversion would constrain the financial benefit of the recent investment programme. (Nokian Tyres)
Management expected higher raw-material costs to start flowing through in the fourth quarter, with a lag between purchasing materials and recognising the cost. If pricing and efficiency actions do not offset that inflation, it could erode the recent margin gains. (Investing.com)
Data summarised monthly by Lightyear AI. Last updated on 27 Oct 2026.
TYRES Financial Performance
Revenues and expenses
TYRES Earnings Performance
Company profitability
Upcoming events
No upcoming events
Funds containing TYRES
AllUSDEURGBP
Fund name | Fund size | €TYRES weighting |
|---|---|---|
Xtrackers MSCI Europe Small Cap£XXSC | $3.6B | 0.13% |
Xtrackers MSCI Europe Small Cap€DX2J | $3.6B | 0.13% |
Vanguard ESG Developed Europe All Cap£V3EA | €125M | 0.02% |
Vanguard ESG Developed Europe All Cap£V3EL | €35M | 0.02% |
iShares MSCI World Small Cap£WLDS | $9B | 0.02% |
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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