NOKIAN RENKAAT OYJ |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 8.008 EUR | -2.34% |
|
-11.57% | -3.03% |
| 04-30 | Nokian Renkaat Oyj Announces Board Committee Changes | CI |
| 04-30 | Nokian Renkaat Oyj Announces Board Appointments and Establishes Boards Investment Committee | CI |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 3,556 | 3,984 | 4,603 | 1,324 | 1,139 | 1,104 | - | - |
| Enterprise Value (EV) 1 | 3,597 | 3,966 | 4,504 | 1,465 | 1,362 | 1,548 | 1,665 | 1,740 |
| P/E ratio | 8.87 x | 46.5 x | 22.3 x | -7.54 x | -3.5 x | 35 x | 15.7 x | 9.66 x |
| Yield | 6.16% | 4.16% | 3.96% | 5.74% | 6.66% | 6.81% | 6.61% | 6.92% |
| Capitalization / Revenue | 2.23 x | 3.03 x | 2.69 x | 0.75 x | 0.97 x | 0.82 x | 0.72 x | 0.65 x |
| EV / Revenue | 2.25 x | 3.02 x | 2.63 x | 0.83 x | 1.16 x | 1.15 x | 1.09 x | 1.03 x |
| EV / EBITDA | 8.14 x | 12.3 x | 10.6 x | 7.54 x | 9.27 x | 7.16 x | 6 x | 5 x |
| EV / FCF | -45.1 x | 14.6 x | 16.3 x | -10.9 x | -8.03 x | -9.88 x | -29.6 x | 26.9 x |
| FCF Yield | -2.22% | 6.87% | 6.15% | -9.14% | -12.5% | -10.1% | -3.38% | 3.72% |
| Price to Book | 2.01 x | 2.62 x | 2.83 x | 0.92 x | 0.85 x | 0.84 x | 0.83 x | 0.8 x |
| Nbr of stocks (in thousands) | 138,725 | 138,224 | 138,224 | 138,251 | 137,867 | 137,870 | - | - |
| Reference price 2 | 25.63 | 28.82 | 33.30 | 9.580 | 8.258 | 8.008 | 8.008 | 8.008 |
| Announcement Date | 04/02/20 | 09/02/21 | 08/02/22 | 07/02/23 | 06/02/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,596 | 1,314 | 1,714 | 1,776 | 1,174 | 1,347 | 1,526 | 1,697 |
| EBITDA 1 | 441.7 | 321.3 | 425.7 | 194.4 | 147 | 216.1 | 277.6 | 348.3 |
| EBIT 1 | 316.5 | 190.2 | 268.2 | -116.2 | 32.1 | 77.71 | 127 | 174.3 |
| Operating Margin | 19.83% | 14.48% | 15.65% | -6.54% | 2.74% | 5.77% | 8.33% | 10.27% |
| Earnings before Tax (EBT) 1 | 336.7 | 106 | 258.2 | -146.3 | 14.2 | 40.58 | 93.24 | 140.4 |
| Net income 1 | 399.9 | 86 | 206.2 | -175.5 | -325.5 | 36.79 | 70.12 | 114.7 |
| Net margin | 25.06% | 6.55% | 12.03% | -9.88% | -27.74% | 2.73% | 4.6% | 6.76% |
| EPS 2 | 2.890 | 0.6200 | 1.490 | -1.270 | -2.360 | 0.2286 | 0.5087 | 0.8291 |
| Free Cash Flow 1 | -79.8 | 272.5 | 276.9 | -134 | -169.7 | -156.6 | -56.27 | 64.78 |
| FCF margin | -5% | 20.74% | 16.15% | -7.54% | -14.46% | -11.63% | -3.69% | 3.82% |
| FCF Conversion (EBITDA) | - | 84.81% | 65.05% | - | - | - | - | 18.6% |
| FCF Conversion (Net income) | - | 316.86% | 134.29% | - | - | - | - | 56.46% |
| Dividend per Share 2 | 1.580 | 1.200 | 1.320 | 0.5500 | 0.5500 | 0.5450 | 0.5291 | 0.5539 |
| Announcement Date | 04/02/20 | 09/02/21 | 08/02/22 | 07/02/23 | 06/02/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2020 S1 | 2021 S1 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 S1 | 2022 Q3 | 2022 Q4 | 2022 S2 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 550.5 | 758 | 512.6 | 416.5 | 482.1 | 898.6 | 466.2 | 411.3 | 877.5 | 236.4 | 293.1 | 276.1 | 368 | 236.6 | 333.5 | 340.6 | 435.8 | 291 | 368 |
| EBITDA 1 | - | - | 106.4 | 94.8 | 124.7 | - | 81.4 | - | - | 13.8 | 32.4 | 37.5 | 63.3 | 4.2 | 44.15 | 61.3 | 84.65 | - | - |
| EBIT 1 | -13.7 | 126.1 | 53 | 59.3 | 86.3 | 152.8 | 40.7 | -13.5 | -269 | -18.8 | 9.5 | 8.3 | 33.1 | -26.2 | 10.16 | 26.3 | 48.85 | -9 | - |
| Operating Margin | -2.49% | 16.64% | 10.34% | 14.24% | 17.9% | 17% | 8.73% | -3.28% | -30.66% | -7.95% | 3.24% | 3.01% | 8.99% | -11.07% | 3.05% | 7.72% | 11.21% | -3.09% | - |
| Earnings before Tax (EBT) 1 | - | - | 49.9 | 57.6 | -199.3 | - | 33.8 | -38.5 | - | -22.5 | 6.4 | 3.3 | 27.1 | -31.6 | 13.15 | 17.45 | 41.8 | -14 | 26 |
| Net income | -22.4 | - | 37.1 | 47 | -231.1 | - | 24.3 | -15.7 | - | -357.7 | 1.8 | 4.2 | 26.2 | -25.5 | - | 12.4 | 28.1 | - | - |
| Net margin | -4.07% | - | 7.24% | 11.28% | -47.94% | - | 5.21% | -3.82% | - | -151.31% | 0.61% | 1.52% | 7.12% | -10.78% | - | 3.64% | 6.45% | - | - |
| EPS 2 | -0.1600 | 0.7200 | 0.2700 | 0.3400 | -1.670 | -1.330 | 0.1800 | -0.1100 | - | -2.590 | 0.0100 | 0.0300 | 0.1900 | -0.1800 | 0.0800 | 0.0960 | 0.2320 | -0.0800 | 0.1500 |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | - | - | - | - | 0.5500 | - | 0.5500 | - | - | 0.5500 | - |
| Announcement Date | 04/08/20 | 03/08/21 | 08/02/22 | 27/04/22 | 02/08/22 | 02/08/22 | 01/11/22 | 07/02/23 | 07/02/23 | 25/04/23 | 21/07/23 | 31/10/23 | 06/02/24 | 29/04/24 | - | - | - | - | - |
1EUR in Million2EUR
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 41.1 | - | - | 141 | 224 | 444 | 561 | 636 |
| Net Cash position 1 | - | 17.2 | 98.7 | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 0.093 x | - | - | 0.7248 x | 1.521 x | 2.053 x | 2.021 x | 1.827 x |
| Free Cash Flow 1 | -79.8 | 273 | 277 | -134 | -170 | -157 | -56.3 | 64.8 |
| ROE (net income / shareholders' equity) | 24.6% | 5.23% | 13.1% | -11.5% | 2.71% | 2.31% | 5.36% | 8.1% |
| ROA (Net income/ Total Assets) | 18.1% | 3.68% | 8.74% | -7.64% | 1.66% | 1.2% | 2.6% | 3.8% |
| Assets 1 | 2,213 | 2,335 | 2,360 | 2,297 | -19,577 | 3,066 | 2,700 | 3,019 |
| Book Value Per Share 2 | 12.80 | 11.00 | 11.80 | 10.40 | 9.770 | 9.560 | 9.610 | 9.970 |
| Cash Flow per Share 2 | 2.880 | 3.050 | 2.870 | -0.0300 | 0.6000 | 1.520 | 1.520 | 1.930 |
| Capex 1 | 300 | 150 | 120 | 130 | 252 | 344 | 245 | 153 |
| Capex / Sales | 18.77% | 11.41% | 6.98% | 7.3% | 21.48% | 25.57% | 16.07% | 9.02% |
| Announcement Date | 04/02/20 | 09/02/21 | 08/02/22 | 07/02/23 | 06/02/24 | - | - | - |
1EUR in Million2EUR
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B
Sell
Buy
Mean consensus
HOLD
Number of Analysts
12
Last Close Price
8.008
EUR
Average target price
8.164
EUR
Spread / Average Target
+1.94%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -3.03% | 1.21B | |
| +18.75% | 30.15B | |
| +12.51% | 27.63B | |
| +41.28% | 7.23B | |
| +25.52% | 4.15B | |
| -1.33% | 3.53B | |
| -13.83% | 3.39B | |
| +41.51% | 3.29B | |
| +23.20% | 3.16B | |
| +22.99% | 2.83B |
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