Nokian Tyres Plc Stock Current Valuation

NKRKY Stock  USD 4.72  0.01  0.21%   
Valuation analysis of Nokian Tyres Plc helps investors to measure Nokian Tyres' intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Undervalued
Today
4.72
Please note that Nokian Tyres' price fluctuation is out of control at this time. Calculation of the real value of Nokian Tyres Plc is based on 3 months time horizon. Increasing Nokian Tyres' time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Our valuation method for Nokian Tyres Plc is useful when determining the fair value of the Nokian pink sheet, which is usually determined by what a typical buyer is willing to pay for full or partial control of Nokian Tyres. Since Nokian Tyres is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Nokian Pink Sheet. However, Nokian Tyres' intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
Historical Market  4.72 Real  0.0 Hype  0.0 Naive  4.87
The real value of Nokian Pink Sheet, also known as its intrinsic value, is the underlying worth of Nokian Tyres Plc Company, which is reflected in its stock price. It is based on Nokian Tyres' financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Nokian Tyres' stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Nokian Tyres' stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
0.00
Real Value
2.01
Upside
Estimating the potential upside or downside of Nokian Tyres Plc helps investors to forecast how Nokian pink sheet's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Nokian Tyres more accurately as focusing exclusively on Nokian Tyres' fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
4.324.544.77
Details
Hype
Prediction
LowEstimatedHigh
0.000.002.01
Details
Potential
Annual Dividend
LowForecastedHigh
0.260.300.34
Details

Nokian Current Valuation Analysis

Nokian Tyres' Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.

Enterprise Value

 = 

Market Cap + Debt

-

Cash

More About Current Valuation | All Equity Analysis

Current Nokian Tyres Current Valuation

    
  1.89 B  
Most of Nokian Tyres' fundamental indicators, such as Current Valuation, 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.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Competition

In accordance with the recently published financial statements, Nokian Tyres Plc has a Current Valuation of 1.89 B. This is 89.57% lower than that of the Consumer Cyclical sector and 53.49% lower than that of the Auto Parts industry. The current valuation for all United States stocks is 88.65% higher than that of the company.

Nokian Current Valuation 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 Current Valuation 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 current valuation category among related companies.

Nokian Fundamentals

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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Check out Nokian Tyres Piotroski F Score and Nokian Tyres Altman Z Score analysis.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

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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Please note, there is a significant difference between Nokian Tyres' value and its price as these two are different measures arrived at by different means. Investors typically determine if Nokian Tyres is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nokian Tyres' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.