Nokian Tyres Plc Stock Fundamentals
| NKRKY Stock | USD 4.80 0.04 0.84% |
Nokian Tyres Plc fundamentals help investors to digest information that contributes to Nokian Tyres' financial success or failures. It also enables traders to predict the movement of Nokian Pink Sheet. The fundamental analysis module provides a way to measure Nokian Tyres' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Nokian Tyres pink sheet.
Nokian |
Nokian Tyres Plc Company Return On Equity Analysis
Nokian Tyres' Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Nokian Tyres Return On Equity | -0.11 |
Most of Nokian Tyres' fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Nokian Tyres Plc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Based on the latest financial disclosure, Nokian Tyres Plc has a Return On Equity of -0.1147. This is 103.19% lower than that of the Consumer Cyclical sector and 108.13% lower than that of the Auto Parts industry. The return on equity for all United States stocks is 63.0% lower than that of the firm.
Nokian Tyres Plc Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nokian Tyres's current stock value. Our valuation model uses many indicators to compare Nokian Tyres value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nokian Tyres competition to find correlations between indicators driving Nokian Tyres's intrinsic value. More Info.Nokian Tyres Plc is considered to be number one stock in return on equity category among related companies. It is considered to be number one stock in return on asset category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value Nokian Tyres by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Nokian Tyres' Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Nokian Tyres' earnings, one of the primary drivers of an investment's value.Nokian Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nokian Tyres' direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Nokian Tyres could also be used in its relative valuation, which is a method of valuing Nokian Tyres by comparing valuation metrics of similar companies.Nokian Tyres is currently under evaluation in return on equity category among related companies.
Nokian Fundamentals
| Return On Equity | -0.11 | |||
| Return On Asset | 0.0504 | |||
| Profit Margin | (0.1) % | |||
| Operating Margin | 0.10 % | |||
| Current Valuation | 1.89 B | |||
| Shares Outstanding | 276.5 M | |||
| Price To Earning | 14.35 X | |||
| Price To Book | 0.84 X | |||
| Price To Sales | 0.78 X | |||
| Revenue | 1.71 B | |||
| Gross Profit | 553.5 M | |||
| EBITDA | 423.3 M | |||
| Net Income | 206.2 M | |||
| Cash And Equivalents | 219.5 M | |||
| Cash Per Share | 0.79 X | |||
| Total Debt | 128.4 M | |||
| Debt To Equity | 0.28 % | |||
| Current Ratio | 2.44 X | |||
| Book Value Per Share | 5.18 X | |||
| Cash Flow From Operations | 396.5 M | |||
| Earnings Per Share | 0.92 X | |||
| Number Of Employees | 4.54 K | |||
| Beta | 0.89 | |||
| Market Capitalization | 1.37 B | |||
| Total Asset | 2.38 B | |||
| Retained Earnings | 1.26 B | |||
| Working Capital | 832 M | |||
| Current Asset | 1.17 B | |||
| Current Liabilities | 333 M | |||
| Z Score | 6.0 | |||
| Annual Yield | 0.12 % | |||
| Five Year Return | 5.29 % | |||
| Net Asset | 2.38 B | |||
| Last Dividend Paid | 0.55 |
About Nokian Tyres Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nokian Tyres Plc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nokian Tyres using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nokian Tyres Plc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Nokian Renkaat Oyj develops and manufactures tires in Finland, Nordics, Russia, the rest of Europe, Asia, the Americas, and internationally. Nokian Renkaat Oyj was founded in 1898 and is headquartered in Nokia, Finland. Nokian Tyres operates under Auto Parts classification in the United States and is traded on OTC Exchange. It employs 4927 people.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Nokian Tyres in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Nokian Tyres' short interest history, or implied volatility extrapolated from Nokian Tyres options trading.
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nokian Tyres Plc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary Tools for Nokian Pink Sheet analysis
When running Nokian Tyres' price analysis, check to measure Nokian Tyres' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nokian Tyres is operating at the current time. Most of Nokian Tyres' value examination focuses on studying past and present price action to predict the probability of Nokian Tyres' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nokian Tyres' price. Additionally, you may evaluate how the addition of Nokian Tyres to your portfolios can decrease your overall portfolio volatility.
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