Nokian Renkaat Oyj (TYRES.HE) Stock Price
Nokian Renkaat Oyj Price
Over the last 19 years Nokian Renkaat Oyj grew revenue by 2.6% annually, reaching 1.37 B EUR. Earnings per share have grown at 3.8% per year over the last 15 years. For Nokian Renkaat Oyj, the net margin of -1.1% is down versus 12.0% a few years ago. At today's price the dividend yield works out to roughly 1.88%. The dividend has grown at 0.4% per year over the past 19 years. The consensus 12-month price target for Nokian Renkaat Oyj is 9.18 EUR, about 31.1% below where the stock trades today. Of 18 analysts, 1 rate the stock a buy — an overall Sell consensus.
Nokian Renkaat Oyj stock price
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Nokian Renkaat Oyj business model & stock analysis
Frequently asked questions about Nokian Renkaat Oyj
Nokian Tyres plc operates with a business model centered around tire manufacturing and distribution. As a leading provider in the industry, Nokian Tyres focuses on the design, production, and marketing of high-quality tires for various vehicles, including cars, trucks, and heavy machinery. Their business model emphasizes innovation, sustainability, and safety, offering customers reliable and durable tires adapted to different weather conditions. Through their global network of distributors and retail partners, Nokian Tyres aims to provide exceptional products and services, ensuring optimal driving experiences and customer satisfaction.
Nokian Tyres plc is primarily active in the rubber and tire manufacturing industry.
Nokian Tyres plc faces several strong competitors in the market. Some of the main competitors of Nokian Tyres include Michelin, Bridgestone, Goodyear, Continental, and Pirelli. These companies are well-established players in the global tire manufacturing industry, and they compete with Nokian Tyres for market share and customer loyalty. Despite facing tough competition, Nokian Tyres has been able to carve out a niche for itself by focusing on producing high-quality tires for challenging weather conditions, particularly winter tires. Nokian Tyres plc continues to strive for innovation and excellence in order to maintain its strong position in the market.
Nokian Tyres plc, a renowned company in the automotive industry, has a rich history and background. Established in 1988 in Nokia, Finland, Nokian Tyres has evolved into a global leader in premium tire manufacturing. The company boasts a strong reputation for its innovative technologies, high-quality products, and commitment to sustainability. Over the years, Nokian Tyres has continuously invested in research and development, expanding its product range to cater to various vehicles and climates. With a focus on safety and performance, Nokian Tyres has garnered widespread recognition and loyalty from customers worldwide. Today, Nokian Tyres remains dedicated to delivering top-notch tires that ensure exceptional performance and safety in all weather conditions.
Nokian Tyres plc, a leading tire manufacturer, has achieved several significant milestones throughout its history. The company revolutionized the market by introducing the world's first winter tire in 1934, providing enhanced safety and performance during cold weather conditions. Nokian Tyres expanded its global presence by establishing production facilities in Russia and the United States, enabling it to meet growing demand and serve customers more efficiently. In recent years, the company has focused on sustainable operations and introduced eco-friendly tire options with low rolling resistance. Additionally, Nokian Tyres has gained recognition for its commitment to technological advancements and innovative tire design, ensuring consistent quality and customer satisfaction.
Nokian Tyres plc is primarily present in several countries and regions around the world. The company has a strong presence in Finland, where it is headquartered. It is also highly active in Russia, as well as in other Northern European countries such as Sweden and Norway. Additionally, Nokian Tyres plc has a significant market share in the Nordic region, including Denmark, Iceland, and the Baltics. With its focus on producing high-quality tires, Nokian Tyres plc has expanded its reach globally, serving customers in various parts of Europe, North America, and Asia.
Nokian Tyres plc represents a strong set of values and corporate philosophy. The company is committed to safety, sustainability, and innovation in their tire manufacturing. They place high importance on customer satisfaction, ensuring high-quality and reliable products. With a focus on environmentally friendly practices, Nokian Tyres aims to reduce their carbon footprint and promote a more sustainable future. Their corporate philosophy also emphasizes social responsibility and ethical business practices. Nokian Tyres plc actively contributes to local communities and strives for transparency and accountability in all their operations.
Analysts currently set an average price target of 8.97 EUR for the Nokian Renkaat Oyj stock (median: 9.18 EUR), implying -32.7 % versus the latest price. The consensus is based on 18 analyst ratings.
18 analysts currently rate the Nokian Renkaat Oyj stock: 1 recommend buying, 7 holding and 10 selling. For 2026, analysts expect Nokian Renkaat Oyj to generate revenue of 1.49 B EUR and earnings per share of 0.51 EUR.
The Nokian Renkaat Oyj share (TYRES.HE) is listed on 9 stock exchanges, including: London (0FFY.L), SIX (Zürich) (NRE1V.SW), Frankfurt (NRE.F), Düsseldorf (NRE.DU), Wien (NRE1.VI).
Nokian Tyres plc is a leading manufacturer of winter tires and all-season tires, headquartered in Finland with production facilities in Russia and the USA. The company has been in the market for over 100 years and specializes in developing tires for extreme winter conditions. The business model of Nokian Tyres plc is based on the production and sale of winter tires and all-season tires for cars, trucks, and buses. The company operates worldwide and has distribution partners in over 60 countries. An important part of the business model is research and development of new tire technologies. Nokian Tyres plc continuously invests in new materials and production processes to ensure that their tires meet the highest standards and provide customers with maximum grip and safety on snow-covered roads. The company has various business areas, including: - Winter tires for cars: Nokian Tyres plc offers a wide range of winter tires for cars, suitable for different sizes and models. The tires are specially developed for extreme winter conditions and provide excellent traction on ice and snow. - All-season tires for cars: For customers who do not want to switch between winter tires and summer tires, Nokian Tyres plc also offers a range of all-season tires for cars. These tires offer balanced performance in all weather conditions. - Winter tires for trucks and buses: Nokian Tyres plc also offers a wide range of winter tires for trucks and buses. These tires provide excellent traction and stability on snow-covered roads, making them ideal for use in regions with extreme weather conditions. - All-season tires for trucks and buses: For year-round use, Nokian Tyres plc also offers all-season tires for trucks and buses. These tires provide optimal performance in all weather conditions. In addition to the production of winter and all-season tires, Nokian Tyres plc also offers various services, such as tire changing and storage. The company works closely with workshops and car dealerships to ensure that customers receive the best possible care and advice. In summary, the business model of Nokian Tyres plc is based on the production and sale of winter tires and all-season tires for cars, trucks, and buses, developed for extreme weather conditions. The company emphasizes research and development of new technologies to ensure that its tires meet the highest standards and provide customers with maximum safety on the road. Additionally, Nokian Tyres plc offers various services to ensure that customers receive the best possible care and advice.
The expected revenue of Nokian Renkaat Oyj is 1.49 B EUR. This figure is based on current financial data and reflects the company's business performance.
The expected profit of Nokian Renkaat Oyj is 70.28 M EUR. The net profit reflects the company's profitability after deducting all expenses.
The price-to-earnings ratio (P/E) of Nokian Renkaat Oyj is currently 25.92. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Nokian Renkaat Oyj stock.
The price-to-sales ratio (P/S) of Nokian Renkaat Oyj is currently 1.23. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Nokian Renkaat Oyj stock.
The Eulerpool Quality Score for Nokian Renkaat Oyj is 1/10.
The ISIN of Nokian Renkaat Oyj is FI0009005318. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The WKN of Nokian Renkaat Oyj is 895780. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.
The ticker of Nokian Renkaat Oyj is TYRES.HE. The ticker symbol is used to trade Nokian Renkaat Oyj shares on the stock exchange.
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All fundamentals and in-depth analysis of Nokian Renkaat Oyj
Our stock analysis for Nokian Renkaat Oyj stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Nokian Renkaat Oyj. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.