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Nokian Tyres plc
OMXH:TYRES

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Nokian Tyres plc
OMXH:TYRES
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Price: 10.61 EUR -0.38%
Market Cap: €1.5B

Relative Value

The Relative Value of one TYRES stock under the Base Case scenario is 10.96 EUR. Compared to the current market price of 10.61 EUR, Nokian Tyres plc is Undervalued by 3%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

TYRES Relative Value
Base Case
10.96 EUR
Undervaluation 3%
Relative Value
Price
N
Worst Case
Base Case
Best Case

Multiples Across Competitors

TYRES Competitors Multiples
Nokian Tyres plc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
FI
Nokian Tyres plc
OMXH:TYRES
1.5B EUR 1.1 -57.8 9.8 27.6
JP
Bridgestone Corp
TSE:5108
4.9T JPY 1.1 20.8 7 13.8
FR
Compagnie Generale des Etablissements Michelin SCA
PAR:ML
23.3B EUR 0.9 14.6 5.3 8.9
CN
Sailun Group Co Ltd
SSE:601058
54.2B CNY 1.5 14.7 13.6 13.6
IT
Pirelli & C SpA
MIL:PIRC
6.4B EUR 0.6 8.5 4.2 6
IN
MRF Ltd
NSE:MRF
617.4B INR 2 27.6 12.4 19.7
JP
Yokohama Rubber Co Ltd
TSE:5101
1T JPY 0.9 13.1 7 11
IN
Balkrishna Industries Ltd
NSE:BALKRISIND
518B INR 5 37.6 22.7 33.8
KR
Hankook Tire & Technology Co Ltd
KRX:161390
8.4T KRW 0.5 8.8 6.2 6.2
JP
Sumitomo Rubber Industries Ltd
TSE:5110
711.6B JPY 0.6 22.4 6.3 17.1
JP
Toyo Tire Corp
TSE:5105
699.3B JPY 1.2 9.6 5.4 7.5