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Nokian Tyres plc
OMXH:TYRES

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Nokian Tyres plc
OMXH:TYRES
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Price: 8.008 EUR -2.34% Market Closed
Updated: May 3, 2024
Section:
 

Relative Value

The Relative Value of one TYRES stock under the Base Case scenario is 13.138 EUR. Compared to the current market price of 8.008 EUR, Nokian Tyres plc is Undervalued by 39%.

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
13.138 EUR
Undervaluation 39%
Relative Value
Price
N
Worst Case
Base Case
Best Case

Valuation Multiples

0.9
P/S
P/S
Price to Sales
0.9
vs History
73
vs Industry
45
Median 3Y
1
Median 5Y
1.7
Industry
1
Forward
0.8
More Details
Negative
P/E
P/E
Price to Earnings
N/A
vs History
vs Industry
Median 3Y
-2.8
Median 5Y
7.2
Industry
17.4
Forward
20.6
More Details
13.4
P/OCF
P/OCF
Price to OCF
13.4
vs History
14
vs Industry
28
Median 3Y
9.9
Median 5Y
9.7
Industry
8.9
More Details
137.8
P/FCFE
P/FCFE
Price to FCFE
137.8
vs History
11
vs Industry
5
Median 3Y
9.5
Median 5Y
9.5
Industry
18
More Details
0.8
P/B
P/B
Price to Book Value
0.8
vs History
84
vs Industry
63
Median 3Y
0.9
Median 5Y
1.6
Industry
1.5
More Details
1
EV/S
EV/S
Enterprise Value to Sales
1
vs History
71
vs Industry
46
Median 3Y
1
Median 5Y
1.7
Industry
1.1
Forward
0.8
More Details
4.4
EV/GP
EV/GP
Enterprise Value to Gross Profit
4.4
vs History
65
vs Industry
47
Median 3Y
4.5
Median 5Y
4.8
Industry
4.9
More Details
6.6
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
6.6
vs History
52
vs Industry
49
Median 3Y
3.4
Median 5Y
6.6
Industry
9.1
Forward
5.1
More Details
18.1
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
18.1
vs History
22
vs Industry
32
Median 3Y
13.7
Median 5Y
10.4
Industry
13.9
Forward
12.7
More Details
14.4
EV/OCF
EV/OCF
Enterprise Value to OCF
14.4
vs History
12
vs Industry
28
Median 3Y
10.3
Median 5Y
10
Industry
9.8
More Details
Negative
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
N/A
vs History
vs Industry
Median 3Y
9
Median 5Y
9
Industry
13.9
More Details
0.7
EV/IC
EV/IC
Enterprise Value to IC
0.7
vs History
77
vs Industry
59
Median 3Y
0.8
Median 5Y
1.2
Industry
1.1
More Details

Multiples Across Competitors

TYRES Competitors Multiples
Nokian Tyres plc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
FI
Nokian Tyres plc
OMXH:TYRES
1.1B EUR 0.9 -3.4 6.6 18.1
JP
Bridgestone Corp
TSE:5108
4.7T JPY 1.1 14.3 5.9 9.8
FR
Compagnie Generale des Etablissements Michelin SCA
PAR:ML
26.1B EUR 0.9 13.2 5.4 8.4
CN
Sailun Group Co Ltd
SSE:601058
50.8B CNY 2.1 22.2 19 19
IN
MRF Ltd
NSE:MRF
568.2B INR 2.3 28 13.4 19.8
IT
Pirelli & C SpA
MIL:PIRC
6.1B EUR 0.9 12.7 5.6 9.5
IN
Balkrishna Industries Ltd
NSE:BALKRISIND
476.7B INR 5.3 38.3 23.2 33.4
KR
Hankook Tire & Technology Co Ltd
KRX:161390
6.5T KRW 0.7 9 2.6 3.5
TW
Cheng Shin Rubber Ind. Co Ltd
TWSE:2105
152B TWD 1.6 21.2 7.7 15.6
CN
Shandong Linglong Tyre Co Ltd
SSE:601966
33.1B CNY 1.8 32 35.7 35.7
JP
Yokohama Rubber Co Ltd
TSE:5101
652.3B JPY 0.7 9.7 6.1 9.7

See Also

Summary
TYRES intrinsic value, competitors valuation, and company profile.
DCF Valuation
TYRES stock valuation using Discount Cash Flow valuation method.
Relative Valuation
TYRES stock valuation using valuation multiples.
Wall Street Estimates
TYRES price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
TYRES stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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