Company Valuation: Nokian Renkaat Oyj

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 4,603 1,324 1,139 1,013 1,305 2,159 - -
Change - -71.23% -14.04% -11.04% 28.85% 65.41% - -
Enterprise Value (EV) 1 4,504 1,465 1,362 1,626 1,969 2,770 2,686 2,584
Change - -67.47% -7.05% 19.37% 21.1% 40.68% -3.03% -3.79%
P/E 22.3x -7.54x -3.5x -43.2x -86x 34.8x 19.8x 14.3x
PBR 2.83x 0.92x 0.85x 0.8x 1.12x 1.83x 1.74x 1.62x
PEG - 0x -0x 0.5x 2.4x -0x 0.3x 0.4x
Capitalization / Revenue 2.69x 0.75x 0.97x 0.79x 0.95x 1.45x 1.33x 1.23x
EV / Revenue 2.63x 0.83x 1.16x 1.26x 1.43x 1.87x 1.66x 1.48x
EV / EBITDA 10.6x 7.54x 9.27x 12.9x 11.1x 10.5x 8.13x 6.73x
EV / EBIT 16.8x -12.6x 42.4x 903x 55x 24.2x 15.8x 11.7x
EV / FCF 16.3x -10.9x -8.03x -5.96x -148x 34.6x 20.8x 13.9x
FCF Yield 6.15% -9.14% -12.5% -16.8% -0.68% 2.89% 4.8% 7.19%
Dividend per Share 2 1.32 0.55 0.55 0.25 0.25 0.3 0.4188 0.5502
Rate of return 3.96% 5.74% 6.66% 3.4% 2.64% 1.92% 2.68% 3.52%
EPS 2 1.49 -1.27 -2.36 -0.17 -0.11 0.4494 0.7909 1.092
Distribution rate 88.6% -43.3% -23.3% -147% -227% 66.8% 53% 50.4%
Net sales 1 1,714 1,776 1,174 1,290 1,374 1,484 1,620 1,751
EBITDA 1 425.7 194.4 147 126 178 263.8 330.4 383.8
EBIT 1 268.2 -116.2 32.1 1.8 35.8 114.2 169.5 221.2
Net income 1 206.2 -175.5 -325.5 -22.8 -15 57.96 106.4 148.6
Net Debt 1 -98.7 140.9 223.6 613.1 664 611.5 527.5 425.7
Reference price 2 33.30 9.58 8.26 7.35 9.46 15.65 15.65 15.65
Nbr of stocks (in thousands) 138,224 138,251 137,867 137,870 137,875 137,928 - -
Announcement Date 2/8/22 2/7/23 2/6/24 2/4/25 2/10/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
35.56x1.9x10.67x1.88% 2.51B
13.24x1.01x5.34x3.46% 30.36B
13.72x1x5.6x4% 26.1B
8.24x1.12x5.34x3.41% 7B
10.04x1.02x5.85x2.95% 6.37B
8.8x - - 3.46% 5.8B
18.44x - - 3.04% 5.07B
8x0.97x4.74x3.6% 3.79B
9.31x0.64x5.16x4.35% 3.4B
109.27x - - - 2.15B
Average 23.46x 1.09x 6.10x 3.35% 9.26B
Weighted average by Cap. 15.26x 1.03x 5.60x 3.55%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. TYRES Stock
  4. Valuation Nokian Renkaat Oyj