Nokian Renkaat Oyj Stock Revenue
| TYRES Stock | 8.62 0.42 5.12% |
Nokian Renkaat Oyj fundamentals help investors to digest information that contributes to Nokian Renkaat's financial success or failures. It also enables traders to predict the movement of Nokian Stock. The fundamental analysis module provides a way to measure Nokian Renkaat's 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 Renkaat stock.
Nokian |
Nokian Renkaat Oyj Company Revenue Analysis
Nokian Renkaat's Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Current Nokian Renkaat Revenue | 1.71 B |
Most of Nokian Renkaat's fundamental indicators, such as Revenue, 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 Renkaat Oyj is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
| Competition |
Based on the latest financial disclosure, Nokian Renkaat Oyj reported 1.71 B of revenue. This is much higher than that of the Auto Components sector and significantly higher than that of the Consumer Discretionary industry. The revenue for all Finland stocks is notably lower than that of the firm.
Nokian Revenue Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nokian Renkaat's direct or indirect competition against its Revenue to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Nokian Renkaat could also be used in its relative valuation, which is a method of valuing Nokian Renkaat by comparing valuation metrics of similar companies.Nokian Renkaat is currently under evaluation in revenue category among related companies.
Nokian Fundamentals
| Return On Equity | -0.11 | |||
| Return On Asset | 0.0508 | |||
| Profit Margin | (0.1) % | |||
| Operating Margin | 0.11 % | |||
| Current Valuation | 1.79 B | |||
| Shares Outstanding | 138.25 M | |||
| Shares Owned By Insiders | 12.03 % | |||
| Shares Owned By Institutions | 52.07 % | |||
| Price To Book | 0.84 X | |||
| Price To Sales | 0.73 X | |||
| Revenue | 1.71 B | |||
| Gross Profit | 457.3 M | |||
| EBITDA | 423.3 M | |||
| Net Income | 206.2 M | |||
| Total Debt | 128.4 M | |||
| Book Value Per Share | 10.37 X | |||
| Cash Flow From Operations | 396.5 M | |||
| Earnings Per Share | 1.80 X | |||
| Target Price | 9.8 | |||
| Number Of Employees | 4.54 K | |||
| Beta | 0.89 | |||
| Market Capitalization | 1.33 B | |||
| Total Asset | 2.38 B | |||
| Z Score | 6.0 | |||
| Annual Yield | 0.06 % | |||
| Net Asset | 2.38 B | |||
| Last Dividend Paid | 0.55 |
About Nokian Renkaat Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nokian Renkaat Oyj's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nokian Renkaat using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nokian Renkaat Oyj 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.
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 Renkaat 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 Renkaat's short interest history, or implied volatility extrapolated from Nokian Renkaat options trading.
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Nokian Renkaat Oyj. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Complementary Tools for Nokian Stock analysis
When running Nokian Renkaat's price analysis, check to measure Nokian Renkaat's 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 Renkaat is operating at the current time. Most of Nokian Renkaat's value examination focuses on studying past and present price action to predict the probability of Nokian Renkaat's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nokian Renkaat's price. Additionally, you may evaluate how the addition of Nokian Renkaat to your portfolios can decrease your overall portfolio volatility.
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