Nokian Tyres
6.432
EUR
-5.94 %
TYRES
NASDAQ Helsinki
Automobiles
Consumer Goods & Services
16,248 following
Income statement
2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025e | 2026e | 2027e | 2028e | |
---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 1,595.6 | 1,585.3 | 1,313.7 | 1,714.2 | 1,776.1 | 1,173.6 | 1,289.8 | 1,422.0 | 1,573.4 | 1,693.7 | 1,778.3 |
growth-% | -0.6 % | -17.1 % | 30.5 % | 3.6 % | -33.9 % | 9.9 % | 10.2 % | 10.6 % | 7.6 % | 5.0 % | |
EBITDA | 465.8 | 441.3 | 295.5 | 428.2 | 194.4 | 147.0 | 126.0 | 214.2 | 270.3 | 351.8 | 400.2 |
EBIT (adj.) | 372.4 | 316.5 | 182.9 | 324.9 | 221.2 | 65.1 | 71.4 | 93.2 | 125.9 | 174.3 | 231.2 |
EBIT | 372.4 | 316.5 | 119.9 | 268.2 | -116.2 | 32.1 | 1.8 | 58.2 | 105.9 | 174.3 | 231.2 |
Profit before taxes | 361.7 | 336.7 | 106.0 | 258.2 | -146.4 | 14.3 | -31.5 | 22.2 | 76.9 | 150.3 | 207.2 |
Net income | 295.2 | 399.9 | 85.9 | 206.2 | -175.5 | 12.5 | -22.8 | 17.7 | 60.8 | 118.7 | 163.7 |
EPS (adj.) | 2.14 | 1.80 | 1.03 | 1.84 | 1.14 | 0.33 | 0.23 | 0.33 | 0.56 | 0.86 | 1.19 |
growth-% | -15.7 % | -42.6 % | 77.6 % | -37.9 % | -71.1 % | -30.7 % | 45.2 % | 67.9 % | 54.7 % | 37.8 % | |
Dividend | 1.58 | 1.14 | 1.20 | 0.55 | 0.55 | 0.55 | 0.25 | 0.30 | 0.35 | 0.47 | 0.77 |
Dividend ratio | 73.9 % | 39.6 % | 193.0 % | 36.9 % | -43.3 % | 606.1 % | -151.0 % | 233.4 % | 79.4 % | 55.0 % | 65.0 % |
Profitability and return on capital
2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025e | 2026e | 2027e | 2028e | |
---|---|---|---|---|---|---|---|---|---|---|---|
EBITDA-% | 29.2 % | 27.8 % | 22.5 % | 25.0 % | 10.9 % | 12.5 % | 9.8 % | 15.1 % | 17.2 % | 20.8 % | 22.5 % |
EBIT-% (adj.) | 23.3 % | 20.0 % | 13.9 % | 19.0 % | 12.5 % | 5.5 % | 5.5 % | 6.6 % | 8.0 % | 10.3 % | 13.0 % |
EBIT-% | 23.3 % | 20.0 % | 9.1 % | 15.6 % | -6.5 % | 2.7 % | 0.1 % | 4.1 % | 6.7 % | 10.3 % | 13.0 % |
ROE | 24.6 % | 5.2 % | 13.1 % | -11.5 % | 0.9 % | -1.7 % | 1.4 % | 4.8 % | 9.1 % | 11.7 % | |
ROI | 17.5 % | 6.1 % | 13.8 % | -6.1 % | 1.7 % | 0.1 % | 2.8 % | 4.9 % | 8.0 % | 10.3 % |
Valuation
2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025e | 2026e | 2027e | 2028e | |
---|---|---|---|---|---|---|---|---|---|---|---|
Share price (EUR) | 26.82 | 25.63 | 28.82 | 33.30 | 9.72 | 8.50 | 8.16 | 6.43 | 6.43 | 6.43 | 6.43 |
Shares | 138.1 | 138.9 | 138.2 | 138.2 | 138.3 | 138.0 | 137.9 | 137.9 | 137.9 | 137.9 | 137.9 |
Market cap | 3,702.9 | 3,560.6 | 3,983.5 | 4,602.7 | 1,343.8 | 1,172.8 | 1,125.0 | 886.8 | 886.8 | 886.8 | 886.8 |
Enterprise value | 3,387.7 | 3,601.8 | 3,966.3 | 4,504.1 | 1,484.7 | 1,396.5 | 1,738.1 | 1,524.1 | 1,466.7 | 1,348.8 | 1,269.5 |
EV/S | 2.1 | 2.3 | 3.0 | 2.6 | 0.8 | 1.2 | 1.3 | 1.1 | 0.9 | 0.8 | 0.7 |
EV/EBITDA | 7.3 | 8.2 | 13.4 | 10.5 | 7.6 | 9.5 | 13.8 | 7.1 | 5.4 | 3.8 | 3.2 |
EV/EBIT (adj.) | 9.1 | 11.4 | 21.7 | 13.9 | 6.7 | 21.5 | 24.3 | 16.4 | 11.6 | 7.7 | 5.5 |
EV/EBIT | 9.1 | 11.4 | 33.1 | 16.8 | - | 43.4 | 965.6 | 26.2 | 13.8 | 7.7 | 5.5 |
P/E (adj.) | 12.5 | 14.2 | 27.9 | 18.1 | 8.5 | 25.8 | 35.7 | 19.4 | 11.5 | 7.5 | 5.4 |
P/E | 12.5 | 8.9 | 46.4 | 22.3 | - | 93.7 | - | 50.0 | 14.6 | 7.5 | 5.4 |
P/B | 2.5 | 2.0 | 2.6 | 2.8 | 0.9 | 0.9 | 0.9 | 0.7 | 0.7 | 0.7 | 0.6 |
P/S | 2.3 | 2.2 | 3.0 | 2.7 | 0.8 | 1.0 | 0.9 | 0.6 | 0.6 | 0.5 | 0.5 |
Dividend yield | 5.9 % | 4.5 % | 4.2 % | 1.7 % | 5.7 % | 6.5 % | 3.1 % | 4.7 % | 5.4 % | 7.4 % | 12.0 % |
Equity ratio | 71.0 % | 75.9 % | 65.1 % | 68.3 % | 64.8 % | 57.9 % | 52.5 % | 49.3 % | 49.8 % | 51.0 % | 53.9 % |
Gearing ratio | -21.2 % | 2.3 % | -1.1 % | -6.1 % | 9.8 % | 16.6 % | 48.2 % | 50.8 % | 45.5 % | 34.3 % | 26.5 % |
Quarter data
Q1/24 | Q2/24 | Q3/24 | Q4/24 | 2024 | Q1/25e | Q2/25e | Q3/25e | Q4/25e | |
---|---|---|---|---|---|---|---|---|---|
Revenue | 236.6 | 324.6 | 313.6 | 415.0 | 1,289.8 | 252.0 | 343.4 | 356.7 | 469.9 |
EBITDA | 4.2 | 37.4 | 34.8 | 49.6 | 126.0 | 19.1 | 54.0 | 58.9 | 82.2 |
EBIT | -26.2 | 8.4 | 4.2 | 15.4 | 1.8 | -19.9 | 15.0 | 19.9 | 43.2 |
Profit before taxes | -31.6 | 1.3 | -5.6 | 4.4 | -31.5 | -28.9 | 6.0 | 10.9 | 34.2 |
Net income | -25.5 | 0.9 | -4.3 | 6.1 | -22.8 | -23.1 | 4.8 | 8.7 | 27.3 |